Member Info for Reader61

His delivery style is uninspiring though, in fact positively boring. Seems more an engineer than a go getting business type!

Bit worrying that they use a graphic of a sinking ship in their investor presentation! Doesn't fill me with confidence they know how to sell!

And is the CEO such a person?

The housing market is slowing as people are hunkering down for a tough year or two. For this share, perhaps it means more people will refurbish their existing homes rather than move. When people do move they often refurbish bathrooms too but it takes a while as they are skint from the costs of the move.

Spot on, really easy to do, you will also avoid income tax on dividends whilst reaping around 5-6% return in addition to the capital growth at no penalty. Forget cash ISA's as they will drop the % return as soon as inflation is reduced.
Only concern is Labour may look to nationalise?

Really! Half a Bn loss due to increased costs doesn't strike me as excellent? Tax and rebase of dividend making this less attractive.

Will windfall taxes hit this share as profits are already regulated and it's infrastructure not product?

Somethings afoot unless it's just China/Inflation cooling?

Worth remembering Nigel Wilson stood firm against the FCA and continued to pay the dividend during covid, insisting his shareholders needed the cash. Unlike the wimps at the Banks, Aviva etc.

Let's hope he stays put for as long as possible

Help me out with this! The crisis is all about presumably and mostly being able to pay final salary pensions such as BT, Shell, Universities etc. These are the biggest schemes are they not?
Am I right therefore to assume (always dangerous) those of us with SIPP are not contributing to this dilema as we will only get whatever the market allows us through the markets, end of story! In short, most new pensions, unless you are civil service etc are either SIPP or Annuity. Whilst Annuity has to be funded long term as it's a commitment, it adjusts constantly as new rates are always presented according to what is bearable to the providers.

In short we are all on edge due to non existent (in private sector) final salary schemes. Isn't that the problem of the companies themselves. Of curse the civil service have no issue as they just fund from tax??

I'm sure this may be a wild stab but just trying to get my head around things.

Someone leaked the discussion with TB for a reason. Having engineered the fall, TB may well have quietly acquired a large stake to strengthen their hand in future and to get a leg up on other predators. They may not have to buy as TB brand name, perhaps using multiple venture capital entities to avoid an RNS and exposing their strategy?

Just because your paranoid doesn't mean they're not out to get you!! lol

Agree with earlier post that this will float between 350-400 for some time now. I averaged down after the drop and now await other bid interest or improving profit position as the business matures. What price does it need to reach/maintain to get back into the ftse 100?

Got in at 355 plus costs

I think I may do the same, I've already lost £3K so I just don't trust lift is coming but hope it is. At least the divvy is slightly more than a bank but I now just want my capital back please.

Portents not good moving forwards, nobody has any cash left after bills and no divvy here to ease the pain.

What would this be worth if they just kept going as is? Sadly, yet another British company lost to private equity.

Yep, as I suspected - no tangibles in the update - come back in 6 months.

You may find out on 28th, half year results come out. Was trying to assess thoughts from board here, but as you say not much activity. My own view is there will not be much realised gain in the figures as yet. Defence projects take a long time to pull through onto the balance sheet and take out profit in terms of upfront gearing/investment. This is why I believe it's just sentiment in the share price at the moment not real cash. Be great to be wrong and I think the full year results may show some progress. Meantime, I think 8's are as good as it will get unless some other major project wins are achieved.

Possibly a takeover target as well, either big US or venture Cap co?

When do we start dividends?