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It is soon time for F A B to decide,under Stock Exchange rules, whether to bid for SC . Suggest now may be the time as we in the Snooker world say to "fill your boots"..
LLucan: while I concur with your comments in relation to SC I was referring to the outcome of share buybacks in general where the benefits do not necessarily materialise for Shareholders.
LLucan "positive impact on the share price" Not necessarily and in many cases certainly not ie poor trading results, economy downturn and senior management changes may lead to a subsequent declining share price.
I concur with most recent views on here of a 1.6p Div and a further share buy back. No special Div will be paid. Impairments are my biggest concern as I am sure there will be a hefty write down. When I see good results I always expect a strong SP rise but generally the SP goes the other way. Will this time be the same?
I don't like buy backs either . I believe it is more to show how impressive the performance of the Board has been. In my experience very little benefit ever seems to trickle down to the Shareholders
Excellent set of results and good increase in dividend. This Company is going to grow further in the next few years now that the effects of the pandemic are waning