Member Info for Rizzel

I just bought 200 @ 970p brings my average to £11 for 500 shares, I am just getting back in to it as I had 1400 in summer 2024 I sold all of them @£22 just by luck as I needed the cash for property purchase.

The difference is clear, Lloyds is raking in money, increasing dividends payments every year and running share buyback scheme simultaneously. While CBG is struggling to make any decent profit, revenue is declining, mainly because of sale of some parts of the business to create a cash buffer that will be need for redress.

So the difference is quite clear to me, while lloyds can make the potential redress in 6 months profit, any increase in redress can be very damaging to CBG.

Those that hope for the same level of dividend from CBG as pre finance scandal are deluded. CBG will not pay any dividend in two years and if resumed will be far far lower than most are wishing for.

Today both rising in same rate percentage wise but the long term I am going with Wizz. I think Wizz will be growing its fleet and revenues faster than ezj. Yes EZJ will be posting good numbers and nice profit but the SP won't rise as much. On other hand when Wizz get rid off the problems with the engines and will start reducing the debt, its growing fleet of brand new aircraft will propel the sp much faster.

That is why I got out of EZJ and bought in to Wizz.

I know Xhita will disagree, but she almost run out of reasons why the sp is at this level for so long.

good luck everyone

I was a bit sceptical about a fund raise because of previous experience. Usually you can buy shares after raise cheaper than the raise itself. But jump on it as thought it was looking promising. We haven't even got our allocations and you can already buy them cheaper. What a rip off, I am buying something day after tomorrow in higher price that it is today. Only for fools

I sold half @£5 few months ago, wish I have sold all tbh.

Sorry to spoil your celebrations BUT I have a feeling this will be below 30p sometime next week.

M007j

I think it is pointless to look at past dividend payments. In my view you are very unlikely to see 68p anytime soon if ever. The company is smaller than before car finance fiasco, and the cost of compensation and legal cost are yet to be known. Could take years to reinstate the divi and from a very very low level. seen it at differenet companies even at Lloyds you mentioned.

Today maybe a few cancelations or long delays due to fault in the Air traffic systems. Will be interesting tomorrow morning.

I got £4k ready when do we start?

As I mention here before I keep hearing the adverts from law firms enticing people to submit claims against car finance companies claiming that customers are due thousands of pounds in compensation. So I am wondering how can they be so certain that the judgement will go their way and how are they calculating level of compensation. They claim it will be in thousands for each customer. Surely this is costing them a lot of money where they are investing in advertisement and admin to search an log all the potential claimants. Are they just betting on the outcome, similar to us, where we are invested here hoping for a common sense decision from judges and minimal if not at all compensation?

Even if the decision goes in favour of a customer of a lender, how can be customer compensated more than the commission paid to the dealer.

I just think about it because I hear and see this adverts more often and makes me worried that if it is true what they claim there will be CBG no more.

Okenhurst

At last year AGM I voted against MM and the chairman and was shouted at on this board for not knowing what I was doing by MM fanatics. If you remember 2 years ago there were so many on this board that was almost impossible to write an opposite view of the company governance. I was at break even point than. When the announcement came about separation of Ingenuity around 50p ( which most of the THG clan wanted and claimed that it will make the remain co profitable and paying dividends) I warned them that it will not happen because MM via Ingenuity will suck all the profits from THG. Again I was met with disbelieve and I don't know what I am talking about. I was about 25% down and sadly didn't follow my own intuition.

Now at 25p I am 50% down and I don't see any of them sicofans those that drum up MM as THE business man. Everyone is losing money and just to get to 50p we need 100% uplift which looks like pipe dream when you consider MM will do few more dilutions along the way. Most will never get their money back and I fear I will be one of them.

People just accept it, we have been conned!!!

Tesla is still making profit and there is a hope/promise of a new product coming to the market which if successful can deliver even more profit and greater share of the market.

On the other hand THG is posting lower revenues bigger losses and trying to fool the market with fake bids from people that don't even have money

Do you not realise that shareholders will not benefit from sale of any division. There was no end of posts here about how we are going to benefit from Ingenuity divergence. Well the SP has fallen 50%.

I don’t even have an energy to argue with people that you cannot have a rise in SP in shrinking business. MP revenues are falling masively yet the MM see it as succes. What do you expect from the market, to believe MM saing the MP is succesfull or just look at the numbers and judge for themselfs, revenue falling by more than 10% YoY doesn’t feel like succes in any account.

Last bit of fun?

The way is going and there is still 4 trading days left this could be 10p by next wednesday.

Whoever said this is PFC 2.0 six months ago ?

Boyo

do you not think that yesterdays afternoon sharp fall is related to news that CEO of Ocado solutions stepped down and will be temporarily replaced by group CEO Tim Stainer.

As it was unexpected news market has reacted negatively in my view. Maybe he was fired by Tim who knows. I think it may be a positive thing after all Ocado needs some new business so reshuffle may be a good thing.

We will see

Hmmm

23:15 you said you had enough and night everyone, you are still posting after midnight.

Don't worry about it, you can't change a thing' none of us can. What will be will be decided without us. Go to sleep. I just had a big lovely dinner and going to bed a will sleep like a log. Not thinking about WG at all. I will look in the morning if I lost more money or gain a little. That's it. good night

Quite possible we get an RNS from Sidara in the morning making the bid of 30p after they saw what market makes of their 35p bid.

Not many times you see bid for the company takes the sp down

Meanwhile the SP is going down, why buy @27p when you can get them @25p by the end of today

"If a deal doesn’t happen, give it five years, and you’ll be looking at a very different share price—one that makes today’s prices look like an absolute joke". 😂!!!!!

In five years and if the company survives it may be 5p per share so yes todays price is absolute joke 😊

@burgeseb, I know, we were talking about it all the way back that it was a silly mistake :-)

Sidara had the WG on diagnostic for many weeks now and still doubting if it is a good buy or will lead to more problems.

I think if they walk away it is game over for us