Member Info for Nick1234

Broker target prices usually have a year timeframe. But that's obviously a long time in the world of investing and a million and one things could happen between now and then which gives the brokers a few excuses when they invariably don't hit their target price.

This share was certainly oversold last week. The fall in the price of oil today obviously helped the mood too.

I fully expect the SP to move back above £30 pretty quickly. Looking at the current pattern it may dip again but I'm happy to hold and I would not be surprised to see £40 in the next year (assuming there's no escalation in Ukraine, a serious recession in Europe or a new covid type event etc). Obviously DYOR, I'm just a stranger on the Internet and don't know your risk appetite or individual circumstances.

Nice rise today on the back of those 2 Broker price upgrades:

£42 and £40.50 target prices.

Starting to look like a decent price to re-enter at.

22 June - Q1 trading update.

Looks like we are going to test the September 2022 low. If that support fails then it's a long way down.

Got to admit I have lost a bit of faith but the medium and long term prospects still look good. The waiting list for Rolexs is still growing.

As a long term holder I would welcome another buyback. Have a look at a company like Aon (NYSE:AON). They are part way through a USD9bn share buyback. In fact, there has been a 38% net reduction in number of shares between 2010 and 2022 due to buybacks.

That has had a material increase on the shareprice during that period.

Struggling to understand the recent share price weakness. Hoping for a decent rise with the results coming up on Thursday 8th June.

Over reaction by the market to what are, on the whole, decent results. Happy to hold here.

So the company is forecasting approx. £2bn of profit this year but only has a market cap of <£8bn. Seems cheap to me.

I like that load factor!

£30 hit.

3rd time lucky staying over that figure?

Monthly passenger numbers due on Tuesday. Full year results due on 8 is actually only 25 trading days away.

Hi,

Welcome to the lows and lows of being an L&G shareholder :)

I jest, its a great company and I've done very well out of it over the last 5 years. The current yield is superb.

The market makers will ensure that it drops by around 5%. It will take something significant for it to not move by that sort of number.

I do not believe that Aviva would be implicated in this. The FCA investigation is more looking at unscrupulous insurance brokers who have occasionally being taking high commissions (sometimes as high as 40%) at a time when tenants are having to pay sky high insurance premiums. The investigation will focus on those brokers who either a. Retained a very high level of commission, b. Kicked back some of the commission to someone, often the landlord c. Brokers who did little or no work to justify the high level of commission.

Since Grenfall the insurance market for high rise buildings with cladding and people who manufacture, design, install and provide advice on cladding has been a complete nightmare. But I don't believe Aviva has or had a huge exposure in this regard.

Wouldn't be surprised if it's LVMH who are interested. They have a really strong luxury watch offering and own Tag, Bulgari, Dior and Hublot. Plus they have tons of cash and are very acquisitive. Wouldn't rule out it going private again either.

What's a fair price though? Surely 1,200p as a minimum.

Agreed, it almost the perfect RNS. A lot of positives. Didn't expect the share buyback. Pleased about the big hike to the divi.

I'm not overly worried. It's all part of a trend away from cheaper independent shops and market stalls to larger discounters. If poundland and Home Bargins are doing well them B&M will be too.

Wilkos seems to be out of favour at the moment and probably struggles as it's store estate is largely on the High Street with limited parking.

Results on Tuesday will be interesting. Analysts are forecasting profits of £389m for the year and I expect we will hit that.

Cost control, growth in Germany and future trading predictions will be closely watched.

Potentially a big week. Easyjet 1st half year update on Tuesday and UK inflation figures on Wednesday. Positive news on all front could see this soar.

Funny you should say that. Mines due v shortly and it's gone up 25% on last year, got them down down to 20% with a bit of haggling but no more. Did a quick shop around but nothing better elsewhere.

Overall the customer experience has been awful this year, as well as a hefty above-inflation price rise.