Member Info for SD235

barnetpeter
Poor time for Newriver to sell?
If so I would agree. At this point in time it's the pubs that will be in profit. Not the shopping centres. Selling the Crown jewels (okay a bit of an exaggeration!)

adv
"thought you were selling ?" I am, didn't say when.
" You seem to still be here, quoting other posters, as per usual."
And? Quoting other posters isn't unusual. Specially ones who predict a large share price rise and are completely wrong. Again the market clearly thinks its a bad idea. That's not to say the market is always right. But in this case for me it definitely is. Both in the short term and long term.

Edwina "Solid price achieved, derisked substantially. Will take the 3p divi next week too. £1 today imo"
The market clearly doesn't think much of your opinion!!

Giving the pubs away. It's a sell for me

EnglishPatient
How could you possibly think that AI would be used for customer contact?

EnglishPatient "Try to be civil robot man" and the latter is civil?
I said
"Add to that the new CEOs love of artificial intelligence. More accurate premiums should result in greater profits."
It wasn't hard to grasp my point? ...but you managed.

EnglishPatient
Silly man, AI in reference to premiums not who you talk to.
As I said "More accurate premiums should result in greater profits"

Chasco
Agreed keep the pubs.
Pubs were in growth mode prior to covid. With more people not traveling as much they should do even better.
I don't believe they will get a good price for them. The cost of listing them is to high. Trade sale? They were the Buyers in the past, is there enough interested parties for them to get a decent price??

I might buy more at 166p!!. I think it gives me 10.5% dividend. Can't be bothered checking but it would be close

Notmyjob "One has to be super skilled" they don't exist nobody can predict the bottom of the market. Buying as those below are buying is the only way.

Presently direct line is on a 7.8% but it normally pays a special dividend every year (with the obvious exception of covid) The present dividend amounted to just short of 13%
https://www.hl.co.uk/shares/shares-search-results/d/direct-line-insurance-group-plc-ordinary/dividends
The recent ruling by the Financial Conduct Authority is that they must charge loyal customers the same as new customers (on a like for like basis). In my opinion that will favour direct line with its multiple brands and economy of scale. Basically no more loss leaders.
Add to that the new CEOs love of artificial intelligence. More accurate premiums should result in greater profits.
I have a compensation payment soon....hopefully before the market rises. Five and half years is a long time to wait for compensation when the insurance company accepted fault within days of the accident.

robleo "Problem is, where is the bottom going to be"
166p....or no idea!

oldbutnowisa
You are depressing me!
I am in at 267 and 166p. I want sell the latter at a new peak and then buy back in an isa at the bottom of the subsequent fall. Hopefully my crystal ball will unfog itself before the next peak.

I like Smithson. It is 40% tech but all smaller companies. I have 2 rules definitely no faangs including the Chinease goliaths and Tesla. When there share prices are "rebased" to something more logical they will take down the small growth companies down as well but they can recover.
And avoid China as much as possible.
Todays market looks bad for legal and general but my Smithson IT has only fallen half percent alas back below a 100%.

Paying the ftse
Good price I am in £3,000 at 116p.....bugger.
As I have said it will rise significantly when they list in the US

"Here we go again Ex divided date 12th August the clever money comes in now pushes price up to £2.90 watch the market cap rise by a billion..... catch the dividend then retreat again back to £2.72" Millanna
A Rather precise prediction?
Any reason why?
In my opinion IF you were correct it would be a good reason to sell and buy back...just. that way future dividends would be higher....just.
If I was as certain as that I would sell and buy back in an isa.
Which I am thinking of doing before the final dividend.

"Further to Cineworld being sued by AEW UK, I see from Value and Indexed Property Income Trust's Annual report (VIP - but not on this site who still list VIP as Vipera) that Boots and JD Sports are another two companies who "can but won't" pay their rent. Fairly disgusting considering that Boots have been open throughout the lockdowns."

In reference to Cineworld they have vast debt and are struggling. on the other hand boots and JD sports are doing very well. Although JD is via internet sales. I have read that unpaid rent is still owed? Correct me if I have got that wrong??

At this point in time I would say inflation is transitory, until proved otherwise.
In the US 20% is car prices, due to shortage of computer chips for cars. Definitely transitory. 20% energy prices, just going back to pre covid. Which doesn't mean they won't go further but it will require OPEC plus to increase output for it not to do so. Something they don't appear to be able to agree on.
Same in the UK but we can throw in house prices... maybe not with the end of the stamp duty support. But all that pent up consumer savings waiting to be spent. But surely that too is transitory?
One thing always make me think that inflation has no chance of rearing it's ugly head, is the computer and AI Revolution.
70-80 spiraling inflation and high unemployment....a contradiction in terms?
The 90s onwards very low inflation high employment... another contradiction in terms.
The petering out of an economic Revolution and the start of new one. One with a long way to go.

Annoying how the market always takes it lead from the US. On the other hand it is also away of getting in on the cheap.
Also annoyed that yesterday was my first 100 percenter. Bought Smithson almost at the bottom going by end of day prices. Up 102% yesterday, up 99.2% today. Devastated.....not!

I would like to stress again my views on DEC listing in the US. I believe that to be a major contribution to an increase in share price.