Member Info for SFH300

SMT Share News (LSE):

"Scottish Mortgage net asset value falls; cuts China exposure"

Via Research tree. Note the final sentence.

"Aviva is slowly reverting to our investment case scenario. As expected, the firm is strongly capitalized following the disposal of its non-core businesses and will announce an extra round of distribution at FY 23. Beyond the capital story, it is largely UK-focused and bound to its domestic country’s health while crucially lacking scale in asset management. We reiterate our view that, in addition to distribution story, Aviva would be the perfect M&A target for predators seeking scalability."

Probably, but hopefully not taking any notice of it.

Anticipation of good news from M&S this week, perhaps?

A lot of buys today, but nothing of huge value. What caused the 12.25% rise (back at 8.75% as I write)? Has there been a non-RNS announcement somewhere?

Still falling back, though.

I suspect those announcements were in the publishing pipeline before yesterday's announcement. GS and JPM might find they have a lot of clients shaking their fists at them right now.

Chilting: The delay might have had something to do with the new tech announced earlier this year, too. If the Koreans were definitely in the market and, as Pokerchips has said elsewhere, Ocado aren't in it at this time for quick revenues, they may have recommended the Koreans delay their plans until they'd had an opportunity to see the new tech in action.

Yet again your optimism is admirable. It's "extremely cheap" for a reason and that reason isn't purely the current macro. No one is buying. Everyone is selling. The company aren't talking. There will be no "special payout", just maybe another return of capital. I don't trust them any more. Not a great felling when I'm already 55% down.

Chilting: "it would be good to see an actual high-profile US takeover of a big UK FTSE100 company - that would get the market moving."

Abrdn looks a likely bet for that.

Reduces dividend payouts without having to reduce the dividend per share.

... "there's an Ocado just for me."

But it sure as hell ain't this one.

What the HELL are you doing???!!! Talk to your investors, for f***'s sake! We're absolutely desperate out here. You have become one of the most depressing shares to hold and the field of depressing shares to hold is a big one. I need to understand why I'm now 55% down on BBB but we're getting NO feedback whatsoever. And why did you issue just 56,344 new ordinary shares five weeks ago? What was the explanation? Why did you need just £29,000?

There is no way back for Truss. Period.

That said, I'm now >77% down on OCDO, so I'm hoping for the full 80% and then it's onward and downward to a record 90%.

#GodIHateThisPileOfCr*p

Truss went straight to the Parliament tearooms after PMQs today. This indicates she's desperate for the support of her own backbenchers. The Economist today says she's she's already history, a prime minister with "the shelf-life of lettuce."

She's toast. She's burnt toast. She's carbonised toast. She won't be around for much longer. Hopefully we'll then start to see a bit more confidence emerging in the markets.

#LettuceLiz

Truss went straight to the Parliament tearooms after PMQs today. This indicates she's desperate for the support of her own backbenchers. The Economist today says she's she's already history, a prime minister with "the shelf-life of lettuce."

She's toast. She's burnt toast. She's carbonised toast. She won't be around for much longer. Hopefully we'll then start to see a bit more confidence emerging in the markets.

#LettuceLiz

As the Spartans said to the Persians - "if".

I've given up hope, I'm afraid. Now 73% down and expecting it to go lower yet.

" ... the price of crude always fall dramatically in a recession."

But Russia and Saudi Arabia are teaming up to cut production. It's not a given that a recession will see a fall in the price of crude.