Member Info for Nick1234

Happy Easter girls and boys!!!! :)

The market makes will ensure it falls by the size of the divi on Ex-divi day, so approx 4.5% using the current share price.

After that, it's anyone's guess, but if the buyback continues to hoover up a lot of the shares from any sellers and inflation continues it's downward trajectory then we shouldn't go much lower (barring a pandemic/war/financial crisis etc)

No obvious reason in the public domain. I wonder if they have any exposure to the Baltimore ship that hit the bridge?

Not sure the Competition watchdog would allow that. Aviva and Direct Line (including Churchill) combined would have over 20% of the UK motor insurance market and be bigger than the next 2 biggest added together.

Would love them to change to a quarterly divi to spread the income across the year and avoid the peaks and troughs in the share price.

All time high now hit.

Ex-divi on Thurs will no doubt knock a couple of % off but I still think there is further for this to rise, especially with the buyback ongoing.

The help Rishi's mates in the banking sector get their bonuses (which he uncapped a couple of years ago if you remember).

It's very likely to fall to below 2% in April. The latest energy price cap which is reducing by around 16% will take the overall rate below 2%.

Excellent news on the £1bn buyback. At that level, I'm sure it will have a material impact on the share price and the discount to the NAV. Just need to sit and wait.

Superb set of results. I would have liked a slightly higher divi but pleased with the buyback announced.

Dare I say it, this is a real British stock market success story; BEZ is a hugely profitable business, a market leader, a global business and is growing rapidly. What's not to like?

Considering UK inflation is likely to fall to 2% next month that is v good.

Shore Capital Markets has maintained a generally positive outlook on Premier Inn parent Whitbread PLC (LSE:WTB) despite recent underperformance and projections of a downturn in RevPAR (Revenue Per Available Room).

Analysts said Whitbread's financial forecasts suggest a trajectory of growth, with anticipated improvements in revenue, EBITDA, and adjusted profit before tax over the next few years.

“We maintain our BUY stance on Whitbread with the forthcoming preliminary results at the end of April set to provide greater clarity of the trading backdrop,” said Shore Cap.

European operations are also continuing to build.

Shore Cap said: “In Germany, we expect Whitbread to meet its milestone of reaching run-rate profitability in the current calendar year although it is arguably the return metrics on its maturing portfolio of hotels which is key"​.

Whitbread shares are currently down 12.3% year to date at 3,168p.

A current valuation ratio of 12 times net forward income suggests the market is now starting to price in a 5% fall in UK like-for-like RevPAR, said ShoreCap analysts.

“This continues to feel too low, given attractive returns (ROI of 15%), significant freehold backing and market leading position.”

Great acquisition IMO. Probitas is a profitable and well managed business, but most importantly it is the vehicle to help Aviva accelerate its global, corporate, and specialty growth aspirations.

It gives Aviva access to international licences and the ability to transact more profitable business. An 82% combined loss ratio is excellent. I see no reason why Aviva can't increase the GWP to £1bn over the next 3 years, and if the loss ratio is maintained, that would add £180million to the bottom line.

There's no real catalyst for the share price to go up any time soon following the divi. The next scheduled results are 5 June 2024 i believe. All being well we should move back up to £6 over the next few months.

If that's the only reason for the drop then fill your boots.

This will be nearer £40/share than £30 after Full Year results at the end of April.

Decent set of results. Nice to see such a big jump in the divi.

Superb trading update today and a great rise. Looking forward to the results on the 7th and how the capital will be returned to us shareholders. I'm expecting a combination of a rise in the divi and a share buyback.

Still more to come from this share IMO, so I'm happy to hold for the time being.

Confirmed today by RNS.

Tritax Big Box said it had agreed terms on a possible bid for UK Commercial Property REIT in an all-share deal worth £924m.

The company on Monday said it had offered 0.444 new Tritax shares for every UKCP share, leaving it with 76.7 of the merged group and UKCM shareholders with the remainder.

It also represents q 10.8% premium to UKCPs closing share price of 64.2 pence per share on February 9.

Tritax said the boards of both companies believe the potential offer would "bring together complementary logistics-oriented investment portfolios with a shared focus on resilient and growing income".

Superb rise now. Glad to see our patience has been rewarded.

It's fallen on Adidas results which weren't great.