Tim Watts, CFO at Shield Therapeutics #STX presenting at our Life Sciences Investor Briefing Watch Now
Very news driven, except when it comes to Canada's possible franchise sale. Seems to be in lots of talks. Waiting for action. The WEwork IPO has been halved to 20 billion and still their broker is advising against the float, but the loan agreed is conditional on it. Caught between devil and deep blue.
Coach drivers have a far more arduous job and far more likely to be killed or injured. As the management said half the pilots complaining about being owed for when times were harder are not even employed now. If they want a share of profit go buy some shares and work a bit harder.
As previously mentioned before its never ending. I remember the Ppi charge on my credit card appearing in about 1987. I rang the bank and had it stopped and the charges for 2 months refunded, how did this turn into a multi billion pound fraud? Some people really should not have bank accounts or credit cards. The whole system is about debt entrapment . Now its solar panels. Thousands of people who bought solar panels have complained to a financial watchdog that they are not bringing them the returns they were promised.
Many people took out loans to pay for panels on the promise they would save thousands of pounds in electricity costs and make money generating power.
They say they have not had the expected savings, and the Financial Services Ombudsman has had 2,000 complaints.
Barclays Bank has put aside £38m to deal with potential claims.
Brian Thompson from Rowlands Gill, Gateshead, told BBC Inside Out he was contacted by a salesman for PV Solar UK but told him he did not want to take a loan on as he was preparing for retirement.
He said he was told the move would provide money towards his pension, which persuaded him, and he took out a loan with Barclays of more than £10,000 over 10 years. No doubt a government grant was approved too. Put the salesman in jail, put the bankers in jail. End of problem
selling 12% of the company at a fairly small discount. Sale handled solely by Jeffries shoes last target was £3.60. Ernst has been reported in the news as having bought around £3.5 million shares @ 3.93 on august 23rd, where as the rns states he sold them on that date @ £3.67. coincidently the same sale price as the placing. All in all some confusion but ultimately its probably better that there is now a wider ownership than just 12% by one investment company and nothing has changed fundamentally with the company since yesterdays close @£3.85
They always do overpay. sir Victor bank cheque wanted to buy Abbey National for £14 a share at one stage. Then he admitted not even looking at the books when he signed away investers savings to buy the crippling Halifax and the totally toxic Bank of Scotland. Seems like they can't help themselves. Tesco must be overjoyed and now they are going to spend the money trying to defend themselves against the relentless growing invasion of Aldi and Lidl.
Thanks you Schroders for alerting my suspicion on friday(Wonder how they knew). Market over-reaction? This is what happens when you get poor communications with investors, the majority of who are institutions. On the face of it the business looks ok given the climate but Wagamama clearly can't carry the dead wood on its own and needs to be expanded fairly quickly to offset their disastrous leisure arm which may lead to more right offs. Was going to jump back in, but because of the huge institutional holdings and the fact that their news flow has been slow and deliberately very ambiguous to put it politely, not sure this isn't going to take a lot longer to pull round.
Tomorrow or Tuesday could be the time to buy. Dow closed, so could be a bit of a wobble as the America /China spat takes another turn. Hard to know whether its brexit, trade wars or the real economy leading the market ups and downs. Donald and Boris prepared to spend whatever, so inclined to take short term position
ok. I'm convinced. Back in. Been joining in the buy back scheme! Cant see the price running away all the time the company are trying to buy back shares in tranches. Presumably hoping the sp doesn't run away too until they have finished. If they can get the American arm floated soon I guess there is a reasonable chance of achieving a flotation or outright sale.
So Schroders have gone below 5%. Interesting timing. This really is a crap site. Re they going to fix it or what. If I was paying for it I'd definitely want my money back. It lags behind real time al day and then packs up an hour before close. Anyway back to RTN. The stock has risen nearly 50% since RI. Very little news flow. On the face of that and other facts I managed to call the top today and pulled the plug. Maybe the results will be good they will certainly need to be excellent. Will look on with interest but a profit is a profit and hard to come by (and much appreciated for the fourth time in the last four months) in this game of cat and mouse. Best wishes to all, I think the management could be much more communicative. Hope they don't mess up with Wagamama. Gl to all invested
£3.90! Still better than dimwit Morgan @£3.50. I suppose that goes some way to explaining Barclays rather sad sp. Interesting to see the effect of $60 million deposited in the account for starters if not already priced in.
If it not that its something else. Fines seemed to get levied like extra taxes. Makes banks a dubious investment till a line can be drawn if ever. UBS have advised clients to unload risk stock as they are doing themselves since Monday. Begs the question 'what is risky stock?' My risky stock have performed best this year 'its the safe stock' I've had to cut loose.
Not a great fan of buy-backs in the first place. If they can do this why do they need to raise more money? All seems a bit counter productive. Who doesn't like to be bought out at the right price? But If they couldn't find a buyer with the means to do it last year when the share price was practically half what it is now, not sure thats too realistic either. Franchising route seems best option. Only really Dixons shareholding makes me optimistic now.
Yep. Not the only one. They all still have a considerable stake and now in the happy position of their stake paid for several times over. Probably mindful of their presidents ability to single handedly crash the global stock market with his childlike tirades. Some say it is a deliberate ploy so that he can stage manage a recovery just before is alarmingly certain re-election. Hard to believe that the market can be this gullible so often, but there again this volatility is also a warning as is the inversion curve they keep banging on about. Has been correct in the previous 5 recessions. Less trumpeted is the fact that it took the economy at least 2 years to retract to inversion indicator. Not that recessions are totally bad or enduring. The bank sp's are rather concerning. For a tech company Avst maybe more immune than some. Could be getting a bit toppy. The rise has been breathtaking so taking some profit is probably sensible. Might not be the next apple or amazon but somehow I feel this has plenty of growth left for a few years to come as has cyber crime
I read it Vulcan. Rather flowery piece for the ft. Cash generative with some hidden treasures. Should sail away with a good wind and following sea. Not sure why the ft think this sort of journalism is worth paying for! The previous CO Steckler was vice president of Symantec till he joined AVST in 2009. Symantec sp apparently moved nowhere for five years and has no been bought out. Sounds pretty rubbish company. Avast is a very different fish. Very innovative lots of add ons for free users which they then pay for and paying business users, which in turn leads to advertising revenue and of course the very lucrative digital data which ASCl are buying an initial stake in. None of this mention in the FT article about as in depth as the Daily Pain ! Once rebuffed from the Dow Jones, it takes time to understand what they do and how they seem to be rolling out a snowball effect like business. I think we are on a really good one here. GL