that the SP was also getting a little ahead of itself. TU was OK but let’s not forget we’re bouncing off relatively low Revenue numbers so this is a journey that’s really only just started. One to tuck away & forget for a few years.
According to the Times today “ The activist investor Cevian Capital has revealed that it has built a 5 per cent stake in Aviva. In a statement this morning that will rock the insurer, Cevian said that Aviva had been "poorly managed for many years" and called for it to return £5 billion to shareholders in 2020 and cut costs by £500 million by 2023.”.
Been out all day but those worried about an explosion in EV take up may just like to reflect upon the fact that across all EU City conurbations as a whole , over 70% of the population live in Flats, many High Rise and that’s quite an infrastructure challenge. Given many are still awaiting decent Broadband connection promises to be fulfilled I suspect they’ll look to see a proliferation of charging points first before switching over. I think oil demand is safe for a good few years yet , and thus ENQ.
I remember being offered very little on my old Jag 4.2 as it required new crankshaft bearings....just wonder what the residual valve will be on old EV’s with battery issues, having done only a fraction of my Jag’s mileage ?
AB , & especially his Foundation , would significantly benefit from any Divi payment so it is hoped that his combined shareholding will provide the necessary stimulus needed, provided of course Oil prices stay firm !
Wouldn’t surprise me if AB is starting to tread water on the OO, waiting for the SP to settle in the low 20s to enable an offering at O.20p min. Irrespective I’ll be taking full advantage.
Would be interesting to know current level of payment defaults, given many will likely be thinking if AMGO go under, it will take some time for the Receivers to catch up, if ever.
RE: Serious problems at top of avacta1 Jun 2021 13:24
A few ‘armchair critics’ around today who are clearly having difficulty relating to the many aspects in the running of a Life Science company. No one is forced to invest if faith is lost, others will quickly take up the slack.
Well guess we shouldn’t be surprised how quickly Principles get quietly put on hold if profiteering from the ‘other side’ can be achieved, as greed usually trumps all in the end !
Only need to look at “Flightradar24” to realise the increased aviation fuel tonnage now being burnt daily is quickly adding to demand....will be interesting to see if OPEC + change their stance.
Anything that breaks up the seemingly PCR travel test monopoly will be welcomed by all, having just ordered 6 PCR tests for required travelling at £360 . One could be excused for thinking someone somewhere is trying to protect market share !
At some point the GE acquisition will be noticed given the US$100 million NPV was based on a projected long-term oil price of US$50/bbl, it’s nearly 40% higher now !
Best not listen to others and just do your own homework eg. study the Accounts here, to understand the size of their problems , which just got a lot worse with that Judgement . Was an investment now a gamble with odds leaning one way !
RE: If Amigo isn't going bust and can bring a better offer, why should we ever trust the board?25 May 2021 13:53
Obviously a ploy to try and exercise pressure but Justice Mills quickly saw thro that and clearly see’s Shareholders needing to take more of a bath than that proposed. The BoD will need to address the FCA/Courts concerns which is why the SP has reacted accordingly. Not an investable proposition until this is sorted.