Member Info for notdeadyet

Most of the sp upside, since the Farage debacle, has been due to a new CEO who, contrary to his predecessor, appears to actually make shareholder value his key priority and HMG finally selling out, thus eradicating such threats as NWB being nationalised by Magic Grandpa when he almost won the 2017 election. Peoples' Bank of Islington - don't scoff, it could easily have happened.

Finally, this stock is starting to be valued purely on investment fundamentals, which suggests significant further upside. Don't forget it has a major analyst following in the USA, where share valuations err on the positive.

Following the lead from the interim dps, on a 1/3 to 2/3rds split, 2025's total divi will be at least 31p. The stock currently seems happy to sit on a 4% yield, so that would suggest a forward share price in the 750 to 800p range next year. With free capital coming out of its ears, a 10% annual growth rate on the dps is a fair forecast, so you can easily be looking in the £10 region, two years out.

Before we all get too over excited, I'm a VERY long term holder of this stock, which has been a character building experience over the years. £10 per share would still only be 100p in the old form (!!) and never underestimate NWB's astonishing ability regularly to drag disaster from the jaws of victory whenever things are going well, though I hope that won't happen again. Stay patient chaps.