Earnings 143 but divi 187 according to this site so I think it will be cut if the earnings don't pick up. The debt also needs to be cut. I think I am correct about this.
This share has a dividend of 187 and earnings of 143 according to this site. They also need to reduce debt so I think it might not be a good idea to but at these levels. I don't know what price it will fall to. Why should the divi be above earnings?
Has anyone used Simply Wall Street. They calculate the intrinsic value of this share to be about £1.70 Does any rate this company they seam to be good.
I did a bit of technical analysis and think this share could be at a turning point. I could be wrong but think there is so much negativity for a share that still makes a profit.
One of the reasons this share has fallen over the last few years is that interest rates have been put up and it was thought that they would continue to go up. Interest rates are now on their way down and so the dividend on this share will look more attractive and if it is not cut too much the share price will improve. I don't think Labour will win the election which will be positive as well.
The Motley fool have different people giving their opinion so one says buy and the other sell. Which one is right? Their analysis is just something they have thought up its not a proper method.