Member Info for my2penneth

Nothing new regarding the dividend. DLG flagged up the cut a few weeks ago ( the shareprice fell 30% on the news). This is just confirmation of results today.

Financials...this weeks tobacco or oil. Drive the price down..load up...wait for a recovery and sell. Then move on to another sector. How else can money be made in a flat UK market?

Missing divi...Answer = Barclays ( and iWeb...both tardy)

a divi does not have to be paid to you on the day it is received by your broker. Otherwise companies like iWeb ( Lloyds) would have been fined for breaking this law...along with Barclays and others.

SHEL is a UK company. It earns in US dollars and these are converted to sterling...a falling pound is a good thing for SHEL. The price of oil is governed by demand - think Covid and now fear of a global recession. Global recession = less demand for oil = price drop = profits down.

No way will the family be letting their stake go so cheaply.

"Ranitidine"...more like Tryitonagine!

US Ambulance chasers...PITA, if it moves, litigate! I'm amazed they get anything done in the US.

GSK never sold Zantac in the US. The authors of the original report flagging up the issue withdrew their report ( gas chromatography involved heating the sample...erroneous trial result). Later trials found that the product could decompose yielding trace of NMDA if in a car for 5 days at 150degrees.

To me, I'm thinking " US pharma and AZN all over again" ..there's so much money in pharma, the US companies will stop at nothing to weaken competition.

Year to date , shareprice is down just over 50%.

https://www.google.co.uk/search?q=rmg+share+price&sxsrf=ALiCzsZ1qirr4iUiktwmedIV-_yFsFaW2w%3A1660130294427&source=hp&ei=9pPzYo7QF4nMgAa6vavQCg&oq=rmg&gs_lcp=ChFtb2JpbGUtZ3dzLXdpei1ocBABGAAyDAgjECcQnQIQRhD6ATIECCMQJzIECCMQJzIKCAAQgAQQhwIQFDILCAAQgAQQsQMQgwEyCwgAEIAEELEDEIMBMgsIABCABBCxAxCDATILCAAQgAQQsQMQgwE6BwgjEOoCECc6DQguEMcBENEDEOoCECc6DggAEI8BEOoCEIwDEOUCOgQIABBDOggIABCABBCxAzoKCAAQsQMQgwEQQ1DsClj7EWCdGWgAcAB4AIAB5wOIAb4IkgEFMi40LTKYAQCgAQGwAR4&sclient=mobile-gws-wiz-hp

the general mood reading the press (The Terrograph ) seems to be one of not caring if RMG goes on strike or not. It just means a delay in getting the usual junk mail. Other services are available for parcel delivery along with email etc.

Disclosed short position is zero!

https://www.shorttracker.co.uk/company/GB00B02J6398/

..see Teddy100 comment below.

The ADM shareprice is doing a SHEL...it will recover...unless folk drive uninsured. ADM ( and the others will increase insurance premiums.).

with respect, Sabre are a smallish company focused on niche insurance of vehicles. Both DLG & ADM have fingers in other (insurance) pies. ADM and DLG will increase prices to protect their Solvency levels....as will ALL the other insurance companies. They're already doing it!

They've not declared a dividend...we will need to wait until Aug 2nd ....see the trading update.

There's a £19 bn saving. You've got to ask, who is the more stupid, GSK for not accepting Unilver's bid or Unilever for making such an offer? I'm sort of coming down on the idea that Emma has dropped a clanger and Jope got lucky...

You guys want to invest in a company that gives it's employees £1500 a year if they condescend to press a button to clear the sorting line? Soon to go on strike...madness!
1970s unionism....oh well, they'll all be out of work at this rate and it won't matter!

Bargepole terroritory!

They HAVE cars oop North?

(joke - I was born in Salford, lived in Openshaw & Gorton & AUL before moving "Sowf"))

tut..top up time.
If you want to drive legally you must have insurance. Admiral ( and others) will simply adjust their models to compensate...that is, put up insurance prices. If they all do it, what choice do you have but to pay it ?

Looking a bit more positive! I've been in PFC a long time (April 2017 - well underwater, but fortunately not that large a position). I'll continue to hold.

Divi next year. Not definitive but should increase. Take a look at the annual report.