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Hi Rupans.
Well I fall into that category and can concur with some clarification. All of my car and home renewals have been up 50% on the initial offer this year. For the car it took an increase in excess and a comparison site to end up back with the original insurer but at sensible rate. For the home it took a big argument and an increase in excess to get back to something palatable with my long term insurer (thatched so not many options).
Higher cost insurance is here for a while in common with higher cost London hotels and channel crossings etc. Lets hope that creates some good results going forward.
ATB.
Yeah and then I woke up. £11.60 of his own money?! Obviously not...
I just assumed it was Mike Hazell spending a bit of his own money buying a few for a laugh before his 210k load vests....
Shame no one made Ron Jeremy does Costain huh?
Agree with the conclusion. Not sure who's obsessed though-theres pretty much only you and me here!
I think just the fact that they will be paying a much higher interest rate to renew facilities and that may lead to stress. A couple of those are private already also.
RDH would want a profit anyway/.....
Business and Money. Don't have link sorry.
Article re the return of Private equity takeovers next year with a list of firms which have to re-finance bonds at higher interest rates, after their last round at low interest rates during Covid.
The others were not as heavily impacted by Covid-Royal Mail, John Lewis, Iceland and Zoopla...I'd say they would be before us in the line but who knows? Will it be 4 in a row for me?
Well good luck anyway.
Be nice to have you back in the fold.. I think you're being pessimistic re the price though. I think once Actus close it will be 150 and on some half decent results trends it will move-a few buys and it moves now before the bot slaps it back.
But we shall see. My other pet stock has solved its naughty step issues, loads of cash, restored the divi and its still going nowhere. The naughty step seems to be very hard to ditch these days after a rough time.
Well thanks for clarifying that you are not a holder.
SO if you say managed to get back in at say 100, where do think current value is? Or perhaps where do think it should be at 12 months hence...? Markets ideally being forward looking and all that?
Billzo,
I'm not sure who would have a low enough average at that price to make it worth it. Yer man from the UAE must have the best one of most of us and even that must be maybe what-120? The MCap is currently less than it was when there were 2 ships roped up, no vaccine, world falling apart. Since then most of the balance sheets goodwill has gone. We know that the insurance premiums have gone well up with the rest of the insurers and ships well loaded.
350 may be a long way from 110 but its far from a fantasy once a decent set of numbers drop. RDH underpins the possible takeover price and he'd want more than he paid imho, if indeed he'd sell at all.
So, if you hold, then what's your average and are you just going to walk at that?
Yeah. If only the whole basis of his remuneration was that huh? He gets enough other bits that the 6 don't matter to him. But yeah.
The current quiet on this board would seem to indicate that there's a lot less PI Covid bouncers still holding. SO the slack has been taken up hopefully by long termers. A little bit of good news and some positivity re mid term look ahead would move this fairly quickly. But we're still awaiting that for now. Actus Ray dropping next milestone for me, hopefully in the next few weeks...
Wasn't enough volume last week alone agreed. Must have been over a while to avoid jolting the price.
Spights, I don't want any action for a takeover-what price do you think we'd get? I've 3 in a row, low ball, takeovers in the last year and I want something like a return off this one even if it takes 2 or 3 years...
I guess his car insurance wasn't up for renewal!
Trebles all round!
Not seen that before-huge number of trades for 1 or 2 shares-even a 0 share trade whatever that is...someone wants the price down...
To know the run rate when you tell a bunch of analysts that you're gonna split river cruise out :)
No drama
Agree totally on the one liners.
Ha. Telegram. I signed on to that once and the people off my contacts who popped up...ah it was quite er informative!
Billzo,
To be fair Buglet has never posted any research unless you count "We're all doomed, the companies rubbish, its going sub £1"....despite which he keeps buying a few.
You have posted a few bits, which you say has convinced you "The companies rubbish, its going sub £1" etc etc.
Both you of you only post on SAGA. I think most people on the sidelines just think if you both think that little of it, why bother? If you were that confident in your research you would have posted that you had sold, were waiting for your sub £1, or indeed opened a short which you have previously said you are not. Why just hold and moan about it...?
Call me a clown as well if you like but I've posted what I think, good or bad for years on here. Not as good as "research" obviously, but I'll stick with it here for now.
And another with buys far outweighing sells...closing in an orderly manner.. had a buy triggered today for another 5/96ths Buglet...imagine...
To be fair....
TO me its like battlefield triage.
3 years ago the very existence of the business was at stake (as were many others in all sorts of activities with COVID). The income tap was turned off overnight. Trimming here and there wasn't the issue to be dealt with.
That changed working practices, which now brings discussions on wfh, closing large offices, etc etc.
I'm no Euan fan either but 2020 wasn't a year of reducing headcount in accounts...
Me too.
The potential multiples are getting very attractive.