The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I think Smith's comments on the fanatical ESG drive of Unilever have received a lot of negative publicity for Unileve.r As a holder i think he is spot on. You cannot prioritise ESG credentials at the expense of sound business opportunities, ROCE , growth opportunities and operating margins. etc.......if you do, then your business case heads south......I will hold though as I do think fundamentally they are a good company. They need to concentrate on good quality products and advertising what they do.
point well made!
KEY TAKEAWAYS
Treasury stocks are the portion of a company's shares that are held by its treasury and not available to the public.
Treasury stocks can come from a company's float before being repurchased or from shares that have not been issued to the public at all.
There are no benefits to having treasury stock as they do not have voting rights or pay out any distributions.
The benefits to having treasury stock for a company include limiting outside ownership as well as having stock in reserve to issue to the public in the future in case capital needs to be raised.
https://www.hl.co.uk/news/2021/12/22/itv-can-toast-a-bumper-year-yet-investors-remain-reluctant
If you bought decent quality stocks just after the pandemic who are paying dividends now (Barc, BATS, BAE, AV., LGEN, etc) then you bought in real low. hang tight, you will make real money over the years to come.
Don't normally check this site as I don't have a big holding here.....just to check on dividend declaration, etc.
Not sure what all the portal issues are. I am not pushing Hargreaves Lansdowne as a broker as they do cost a little more. However, I have experienced non of the reported issues you guys are reporting ...the change was done correctly and no issues to report....been with them for years...personally i like them and the ability to speak to someone when i want to, without having to wait for more than 60 seconds...just a thought.
Strong start to the year, creating momentum for our growth ambitions
· Fee-based revenue 7% higher and adjusted operating profit 52% higher than prior year which are the highest rates of growth since merger.
· Net outflows reduced to £5.6bn, including liquidity net outflows of £3.7bn. Excluding liquidity flows, which are volatile, net outflows were £1.9bn representing a significant improvement over prior periods and less than 10% of outflows at the low point in H2 2018.
· Consequently the impact on revenue from net outflows (excluding LBG) is less than 0.5% compared with 3% in H1 2020.
· AUMA of £532bn (FY 2020: £535bn) broadly flat as reductions due to flows and corporate actions were partially offset by positive market movements.
· Delivered improved operational leverage with cost/income ratio of 79%, 6ppts lower than prior year.
· Higher adjusted operating profits in all vectors - 61% higher in Adviser, 33% higher in Investments and Personal has recorded a small profit for first time.
· IFRS profit before tax of £113m, reflecting higher adjusted operating profit and significantly lower impairments than H1 2020.
· Adjusted diluted EPS of 7.0p is 3.7p higher, benefiting from the increase in adjusted profit after tax and the share buybacks in 2020.
· Adjusted capital generation increased by £73m to £176m, reflecting strong profit performance.
· Strengthened capital position with surplus regulatory capital increasing to £2.8bn (FY 2020: £2.3bn), including £0.7bn benefit from sale of 4.99% in HDFC Life.
· Interim dividend of 7.3p in line with our dividend policy.
heres the article
https://www.thisismoney.co.uk/money/markets/article-9871949/SSE-set-20bn-takeover-corporate-raider-Elliott-builds-stake.html
I bought in yesterday at 4.01. after making nearly 25% on BAE systems. I think the same could be made here too in the not too distant future. Short term I agree 5.00 quid is a realistic prospect in the next 6 months (give or take any adverse china interventions etc). Need an uplift in dividend..7c is a start i suppose
Good review..thankyou.
I have about £5K committed her at an average at about 35p.....so well underwater.
Have lost the will to follow as it constantly reminds me of my mistake in 1- not really understanding the situation here...I originally bought as Falkland oil so some time ago 2- not using a stop loss.
Bye the bye.......will hold on (not adding any more)....appreciate your review....confirms my thought that this is now a binary bet...lets roll the dice ??
https://www.eurekalert.org/pub_releases/2021-05/ib-rva050521.php