Member Info for MrG123

OIL & GAS producers will probably never see a true SP valuation again. However, they will make huge profits. At the very least, we should have good dividends.

Can't believe the volume of selling every day.

They explained once that the diversified bit is due to the business model. They don't explore or set up drilling. They are quite unique in that they buy old wells and take out the value before responsibly capping them. You could argue, its not diversifying but sticking to a quite static plan. Personally, I don't care what they are called, as long as they keep doing what they are doing.

There doesn't ever seem like a good time to buy shares. We had BREXIT, covid and now inflation & Russia being idiots. You could turn that around and say bad news is the best time to buy. SP is around the cheapest it will be. You just pay a premium if times are good.

Another strategy is to invest in good dividend paying companies with a predictable SP range. My favourite is Diversified Energy (DEC). Pays +10% dividend every year and the SP stays in a £1 to £1.20 range.

Putin is a sick man. During a pandemic, whilst his people are dying, he decides to play war games.

The SP and oil & gas prices are too disconnected. It's only a matter of time now until the SP corrects itself and +£20 should be an easy target.

Of course there will be a capital raise this year. The banks aren't going to give them more money for a plan built on false promises, under achievement and internal bonus payments. As for the argument that they are paying for past mistakes, I'm sure the CEO would happily highlight that and promote all the wonderful things they have done since. I believe that they still have people in the organisation that quote for jobs that make no or lose money.

I sold out but am happy to post negative comments on the board. I want to discourage any small investors from making a mistake of buying into COST.

Was Jope at the Downing street parties and the GSK offer was just a distraction?

So much for going green. The big boys are flocking back into fossil fuels. Greed always wins.

Some nice fun and games, giving a few of us the chance to grab some cheap shares. Good job the offer was refused IMO.

It's going to be cold in Hell by the end of Feb then :)

How much higher do you think the SP can go? I'm tempted to sell at the current high.

SP is looking in a good place for a hike up to 120 zone once we get closer to the next dividend.

Dr Paul Golby CBE, chair, said: "I would like to thank Alison for her eight years of dedicated service to Costain, during which time she has made a significant contribution to the Board. We have hugely appreciated her insight and wish her well in her future endeavours."

What significant contribution has any board member made at Costain? If bringing the SP down from £4.75 to just 52p is considered as a success, then we are in deep s$%t.

Pity it wasn't positive news

PJ wanted the SP to quickly reach 20p. It would be good if he could explain what has gone wrong and what his new target SP price is.

A good note from seeking Alpha:

A strong 5G tailwind for both retail and commercial businesses is expected to revive the company’s growth pace which can be a great value creator for shareholders given its historically discounted valuation multiples. Well-established, mature telecom and fixed-broadband businesses ensure downside protection for investors, while, incremental investments in cloud, IoT, security solutions, and enhancement of 5G infrastructure provides strong upside potential within the next 2 to 3-year period. I expect the stock to deliver 20%-25% in total annualized return (price + dividend) for the next 3-year time frame.

I think there is a lot going for VOD and the future looks good. The next generation tech will need 5G/fast internet. VOD is building the infrastructure and will reap the rewards. They have managed to do that and maintain a healthy bank balance.

Hays has everything going for it but the share price is not going anywhere. Struggling to stay above the 52wk low. Yet the job market is the best its been for many years. Bonkers!

A lot of buys going through today. Hopefully the DEC SP will climb back to a sensible level.