Member Info for picstloup

The naked greed of the directors is breath-taking. The all male (almost all) white bod is not a great look either.

Caveat emptor indeed.

Very pleasant "steady as she goes" results. I'll be topping up if it's still under £17 when next month's divis become available.

Looks like the divi dodgers were right after all - they were in profit the moment it dropped below £7.15 this morning, if they'd held their nerves. Think I'll be ploughing some of mine back in here come 9 May. Seems crazy low price, especially given the recent near constant activity at Richard's Bay Coal Terminal. Back up to 15m tons a year?

Wonder why JP Morgan Chase has upped its stake from 3.2% to 6.9? Nearly 10m shares, presumably mostly with div - the normal, Latin, word for including the right to the dividend falls foul of the obscenity filtre here.

Me too, used part of this year's ISA to top up yet again. Been great to be able to add at these low prices before the market corrects the recent downward blip.

Well, I've held Indv for several years, with multiple purchases between £15.23 and £1.76 between Sept 2018 and last month. I'll probably add a few more when the ISA sub becomes available next week. A really decent banker, top buy in the FTSE350 the last 2 or 3 years in a row. A bargain today, and almost certainly a top riser this year yet again.

Thought the resumption of trading after almost three months (three months ...) suspesion would cause a bigger sell off on eventual resumption.

Stuck my divi back in (minus the 15% NRA tax). An extra 13.29 shares at $32.92. Total of 51.2 extra shares this financial year in divi reinvesting, and $2.48 per share coming up next.

Might topslice if it touches $50 again.

There's a couple loading now, and plenty of activity just offshore

Hadn't meant to, but the recent drop seems to me so overdone I've added another 260 at £15.23057, taking my average up to £6.60

Wasn't expecting a 1.5% rise today, especially as it was down 5% in immediate after hours trading.

Perhaps some common sense has put in an appearance, along with a realisantion of the busines' underlying value.

Onwards and (I hope) upwards

4th Q looked a bit bad to me, with a loss of $710m, or $8.48/s, and operating earnings down 31% from Q4/2021. On the other hand annuity sales quintuple to $560m, up from $108 in Q4/2021.

And full year net income of $64/s makes the share price of under $50 a steal. Also FY capital return of $482m looks pretty good, especially as over $180m of that was divis. Likewise this year's target capital return of $450m-$550m, which is between $5.42 and $6.62/s (inc $2.48 in divis).

Financial leverage of only 18.3%, and a very (perhaps excessively?) safe liquidity buffer.

I would expect to see over $50 fairly soon, but the market may choose to concentrate on Q4's $381m losses in the very short term (ie, a fall tomorrow).

Costs up, and debt up quite a lot (by a third, to £193m).

Divi up 14%, to 40p, revenue also 14% up, to £451m.

Statutory profits down 17% to £24.7m, adjusted pre-tax profits up 27% to £54m. Which is a bit weird.

I'm holding, and will probably add a few more if it's still under a tenner when my ISA sub becomes available in April.

Dunno, it will presumably be announced with the results next Thursday, not that long to wait.

Meanwhile, it looks as if the Opiant take-over has gone through on the nod, so Senator Warren might as well have saved her breath:

https://finance.yahoo.com/news/opiant-pharmaceuticals-announces-cfius-approval-210100542.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAN2btvxL2KvHoIFEqGSXVQPlEzbxKTxrlMYUe4FbgK6qDE4B0yo5eCQvnI1LJo797wTjOcKe7H03qA6Ar9ReUagUjoPkriQTHFK0ewJjMcpkY4DfL66EqaXoyITLNUWPRzXEYvzaLYsRi9M9ZSKfNX9PBzacbJc0Eyp_C9prmd-b

Topped up another 20,800 at 19.902p, don't know why it's not showing on the "buys". Roll on the results.

Up 13% today, on no news and not particularly heavy volume. Not complaining: another ~5p and I'll (finally) be back in profit.

Another 4% up today, on heavy volume, and over 30% ytd, finally getting a little more realistically priced, although still at 0.56pe, and 5% divi. $78/s earnings is almost a joke ven at this price, certainly when it was down in the $30s last month.

I'm ex Pru as well, but topped up on these last year and in 2021 at $26, $30, $38 and $42. One of my largest US holdings, otherwise I'd probably put myself down for even more, as I think anything much under about $60 is outstanding value.

Would not be surprised to see the divi increased to 65c, even 70, in March, which would still be easily covered by fcf.

Roll on next earnings on the 28th.

Thinking of selling the 10% of my holding I bought at 30.07p in April 2020. It's a decent share with a decent divi and decent prospects, but think there are better short/medium prospects for profit in my portfolio - eg Indivior, WPP, ACSO, TGA etc. Will hold the rest and review if/when it hits 60p.

Charts schmartz: the fundamentals of the company are good (it makes money, loads of money), so the shape of its share price graph is completely irrelevant. "past performance is no guarantee" etc - some people have taken profits, some are trading, some holders need rady cash etc etc. But the price will eventually go back up if money contnes to be made, no matter what people skilled in reading the entrails of birds or their horoscopes say.

Perhaps worth mentioing if there was a significant rise (or fall), but for 0.3%? - and over 4 different boards?