Member Info for Oi_Oi_Savaloy

They've been a bit vague about the US business (no actual numbers just pleasantries about the positive outlook). They're going to buy another 5,500,000 (ish, at £18.50) shares so that takes us down to circa 74,000,000 million shares in circulation and the dividend/renewed buyback is good..................however, I'll be surprised if we hit £20 sadly. I'm a bit concerned that the operational highlights aren't really highlights. They've lost 50,000 active users......................but perhaps they weren't high end users and there's bound to be some losses/people trying other things - I'm just a bit concerned that there's a drop across the board (apart from the average investment going up from the active traders (which is a good thing - means they're committed? Or wealthier than the average trader that joins?) Either way - very interested to see where this ends up over the next 2 weeks (back to £18.50 no doubt) with an immediate bounce perhaps, then a settle back to it's natural habitat of below £20...........maybe! I'm in the for long term - just feel it would be great to get above £20 and press on from there imo. It's the big barrier for me. We've got close in the past........maybe we'll breach it this time.

perational highlights

H2 2023

H2 2022

Change %

FY 2023

FY 2022

Change %

New Customers[2]

40,495

49,274

(18%)

90,944

106,549

(15%)

Active Customers[3]

158,846

177,946

(11%)

233,037

280,769

(17%)

AUAC[4]

$1,487

$1,527

(3%)

$1,489

$1,481

1%

ARPU[5]

$2,252

$1,805

25%

$3,116

$2,966

5%

Fair enough Tank; looking back perhaps I've made more of some of the little things I've found unnecessarily obtuse in the past. People definitely lost money on the profits warning imo........but again, I'm not in the City, don't know anyone, so can't categorically say; I didn't do very well, but in hindsight, at that particular point in time, it just felt like you couldn't trust anything Plus were putting out in my humble opinion. I then prevaricated for quite some time about re-investing and missed the inflexion point again. But anyway it's all water under the bridge now. I'm just sitting on my investment and interested to see where this goes...........and whether the american business will be the catalyst for breaching the £20 magic line.

sorry tos1963 - didn't see your reply. up to the profit warning that mrbb alludes to below (and he's spot on by the way) they'd also been had a tendency to shift around on the kpi's they mentioned or omit kpi's or performance parameters that they'd mentioned previously in the rns's so that things were difficult to reconcile year to year, etc etc. you had to really dig down and extrapolate out your assumptions, because the communiques weren't clear imo. it wasn't just me thinking this - there were reams and reams of discussion on this board about it (and advfn). things are alot better now of course. in and of themselves it was frustrating, but then they pulled that profit warning thing and combined with the past communiques it had built up so that there was a massive loss of trust. i'm a minute shareholder, and i was ****ed off. i think alot of much more-invested-shareholders were seriously unhappy. combine that too with the opaque israeli domicility and the old tax withholding thing (now sorted for the most part but back in the day it just created extra inertia imo) and..........that's why i wrote what i wrote below. things have improved..........but i'm just waiting for another surprise rns .......because a leopard doesn't change their spots. why am i still invested you might ask when i am so jaded of the company? well, that's a good question..............i think, eventually, they'll move to the nasdaq and the share price will re-rate and then really motor so..........i'm holding on.

I'm surprised Bdev have done this tbh. It's such an expensive way of buying land (which, frankly, is all they are doing ultimately - setting aside the fact that they get the brand). Surprised too that rdw would agree to be bought by their arch rival. There will be loads of job losses (for a quick economic win) but other than that it's an off move imo.

You could understand if the rdw was on it's knees and thus bdev were buying the business for pennies in the pound but that's not the case here. Can't understand the rationale. Unless taking a rival off the board was part of the strategy.

If this goes into the 3's I'm buying..............unless it goes into the 2's! No rhyme or reason to this share.

I've been a shareholder here, through thick and thin, since the first time it hit £5 I think and I've been all the way up to £20.....and all the way back down and up again to where we are now.

There are just too many issues for this share to ever go main stream; it'll never be accepted.......unless............unless they decide to go to the NASDAQ imo. They can't hide there/obfuscate there. Too many people have been burnt by them and memories are long. Trust is easily lost, and is never completely won back imo.

Now we know why they aren't being cancelled. (see one of today's RNS's). It's only 785,000 of them admittedly..........but........thin end of the wedge imo.

Can't believe it - one of my shares I've invested in actually makes the news in brief on the front of LSE!

Brilliant Zwickerl - explains it perfectly. (and I should have done this myself - looked it up) Thanks though. Appreciated.

Has anyone got an idea why the buy-backs are so over the place? This week alone it's been 10,000 one day, then 26,000, down to 3,000 and then back up to 26,000 yesterday. Is that simply a market thing (the number of shares they could get their hands on, bearing in mind other demands for the shares that day) or something else? Just curious, that's all.

Felt like there was momentum earlier this week.......................fizzled out yet again...............

What on earth is going on with this share?

Online trading provider IG Group said it expects to lay off around 300 employees, or 10% of its workforce, as part of a cost-savings drive. It will undertake other "efficiency measures", including expanding use of its global centres of excellence, and expects to deliver full run rate cost savings of GBP50 million per year. "We want to position IG Group as a lean fintech company and today's decisive actions ensure a strong platform for future growth. We will continuously evaluate and pursue cost efficiency opportunities to create a more agile and scalable organisation," said acting CEO Charlie Rozes.

Yep - I was............I didn't want it to................but I just couldn't see a floor for where it was going to end up, bearing in mind it makes no sense for the shares to be at the current £14 nevermind the high 12's it actually got to before, one hopes, sense has broken out in investors.

Where it ends up now is anyone's guess. I still think there's a persistent seller out there. And anyone have any idea why they didn't buy any shares yesterday?

I was just taking the currency denomination from their own RNS John - but sure - turn it into GBP if you want, no bother.

At the moment I got the share move wrong (but I'm not day trading, just an absolute pessimist when it comes to literally everything in life!!) and that's fine..........I can live with that.

I think one of the key metrics, that sets this company apart is the fact that it's debt free. There are going to be opportunities to expand/purchase going forward and that the old adage will hold true..........fortunes are made in the boom, empires are made in the bust.

......and watch the share price sink off the back of that RNS.............(they'll pick up on the declining active customer base i bet - about the only negative element in the whole thing.) There's $10.90 a share in cash ($875,000,000 in the bank divided by the 80,148,269 shares in circulation) as a starter for ten. And no debt.

And they've restated their guidance on the year's performance too. When do they declare a dividend/buyback programme?

Very interested to read everyone else's opinion on SBB's vs divi's. I guess I'm just a bit jaded. Plus BOD's have a nasty habit of dropping bombshells and it's always the X factor in any 'I've done my research' - they just have a way of screwing things up unnecessarily. Lots of talk about this being worth £25 a year ago..............and exactly like last time when it hit £20..........died a slow death just like now. That's why I'm just a bit reticent about everything.

So............is this the point at which they bring the existing share buyback programme to a close and re-invigorate the share price performance by announcing they're reverting back to paying proper dividends. share buybacks are all well and good but time for a change - they've spent over £200mill on buybacks.........(possibly alot more I've lost count).

They're probably earning in excess of £50mill in interest on the cashbalance - there's enough there to pay a dividend in and of itself. Thoughts?

It's also why Drumz has a legacy shareholding in KCR too. Back in the day KCR and Energiser had inter-related directorships or shareholders (am thinking Dominic White). KCR seem to have got their act together and I think that business is definitely going in the right direction at the moment; energiser and kcr and inland, at one point, had inter-related investments in inl (think they bought a hotel in bournemouth that was then sold back to inl..............but this is a long time ago and memory is hazy). Some shenanigans anyway. But now that inl has gone you might see the legacy shareholders take themselves off the table here.