Member Info for PTBrown1963

Will it hold these levels?

I’m not seeing a broader spike though

Taken from Reuters
‘A trial of Pfizer Inc's (PFE.N) experimental antiviral pill for COVID-19 was stopped early after the drug was shown to cut by 89% the chances of hospitalization or death for adults at risk of developing severe disease, the company said on Friday.’

I received my scrip from Interactive Investor last time round

Shares are in an ISA now so not sure if that will make a difference

For me, I like this business and will watch the coming months with interest.

I don’t believe anything has changed with today’s update and my gut tells me that there will be a retrace to 248 (Ingenuity valued at nil) or below if market discounts other parts of the business for now.

The PR disaster will take time to smooth over .

I just don’t understand Ingenuity and the monetisation potential - not sceptical but can’t see a valuation of +£1billion right now

I hope you guys showing faith get your reward for the risk taken

Ignore my last
Just noticed they announced permanent appointment in September

Dividends, etc……

Slightly disconcerting for me that Lookers have still not appointed permanent FD/CFO, a critical position IMO.

Would like to have seen a stronger appointment as I don’t think interim is right fit.

Not sure this board have the sophistication required to build and manage relationships required of a plc.

Bit harsh

Am I right in thinking there is a fallout over strategic direction and estimated funding levels
Young Matt just had his ar&e spanked
This looks very fixable and at this price level they are worth a punt

Red wine, guess your glass is half full

Full year pbt guidance has been raised materially in spite of uncertainty in supply chain. Lookers outperforming sector.
Will market downgrade on uncertainty or upgrade on guidance??
I have a core holding. Took a chunky, short term punt yesterday at 59p and I would expect a nice bump upwards today (and if so I will take profit) but you just never can tell.

I’m a fan of lookers, I know the business well but I don’t think this share will ever make £2
£1.20 is realistic upside IMO if manufacturers can resolve chip supply issue

Re Cazoo et al - I don’t buy any of the hype. I liken them to Trafficmaster way back(fantasy projections for vehicle sat nav), They could just do us a favour if they made a bid but a don’t see any long term threat.
Do some research and check out how Amazon got on with online vehicle retailing.

Seriously guys I don’t give a phuq about iag

My mistake, must be Vantage Towers, I read as €280m payable in July

Sorry

Just bought in after results. Despite fall, happy that Vod is heading in the right direction
Was wondering what update is on special distribution and what is qualifying date?

Rolls Royce got into difficulties over ongoing problems with engine blades, a problem that will take a few more years to sort

The firm bought itself some time when it raised £5 billion back in November, credit agencies have rated its debt at junk status and suppliers, naturally, have concerns over its finances.

Despite all the positivity around vaccines and economic rebound, if the pandemic remains stubborn across the world, there is a scenario where the government steps in to support Rolls-Royce. In that scenario our investment crashes.

A lot of the bad news is probably already in the price but I have no idea what fair value is for the share right now. I can understand why there is very little movement until we get some strong positive updates from the board.

I am invested but remain cautious and realistic. It could go either way.

Great point sneakyp,

BP intends to maintain current dividend and with less equity in circulation, cash commitment to pay dividend reduces in perpetuity. Free cash flow can be directed to green investments, keeping debt low and/or reducing the need for disposals. Longer term, dividend growth could be back on the table

If you’re an income investor that will be hard to take .

Depends on the questions he was asked on Sky.
I listened to him on CNBC and he wasn’t short of words regarding returns to shareholders, bit vague on share price performance.......

The board see buy backs as better value to shareholders than distributions. You can argue the merits of this approach just as you can argue the merits of the pivot towards carbon neutral and green energy. If you don’t agree you could sell up.

It was easier for the markets to price in recovery and now I that it’s underway the markets are shrugging off strong results across the board. BP’s results had to be that good, that’s what I’m concluding.

Debt reduced
Cash flow improved
Profit improved

3 key market concerns on fundamentals addressed after concerns about how BP would reposition after 2020 results
but....

Production forecast to reduce in Q2 albeit as a result of scheduled maintenance
BL sounded unconvincing when asked about SP performance

I think results and outlook positive
I’ve no idea how market will view this

Agreed redwineday, dealers will try and source quality used alternatives if new not available.

Great to see a more positive report on BP.
Gonna take some time to get back in favour, hopefully results will do all the talking