Member Info for shatter

I have auto Divi reinvestment with the Halifax and both divi’s are shown as being reinvested. The special Divi is marked as, “Stock Transfer In”. The new shares are in my account but the money from the special Divi is also still in my account and says it’s available. The ordinary Divi is simply marked “ purchase.”
Has me confused..

Oxb has tested the £4.00 on 2 or 3 occasions which is concerning. The recently disclosed “undisclosed” revenues would appear to be suspiciously small. Why all the secrecy ? Perhaps not worth mentioning! Less than a year ago this was close to £16 but there doesn’t seem to be a turning point on the horizon..

Not recommending the Halifax, as probably not the cheapest, but suits me as I am holding rather than trading but the Divi always gets paid on the day around lunchtime and always gets reinvested the following working day showing up as executed in early afternoon. Nearly 20 years and they haven’t let me down yet.. 1st time for everything..There are two divi’s this time and I can see that the ordinary Divi has left my account this morning to repurchase and expect the special to follow shortly. In the small print I think most brokers allow 10 working days for divi’s to be paid but any that do are to be avoided. Just my musings..

Saw you posting over on Nwg. Probably see a drop next week after the Divi reinvestment but nice to get a few back after the consolidation. As for Oxb it never ceases to amaze….a few stop losses hit this morning. They are going to need a few large contracts to stop the rot. As for selling and cutting ones losses it’s always a hard decision and with its volatility it could be £5.00 next week.. Vulpes must be down a fortune.

Divi not in yet. The Divi doesn’t land in my Halifax account until lunchtime usually and is reinvested the following working day..

Spoke too soon about the mid £4’s

The sale and leaseback is an expensive way of doing business long term.How much of the loan is going to be repaid? Another few years before it’s profitable by the looks of it but isn’t it always…the covid vaccine has been its saviour. As you say the market isn’t impressed. The mid £4’s seems to be where the sp is at the moment . The big investors are locked in for years to come but tomorrows another a day.

Rise helped by the forthcoming reinvestment from next weeks divi’s I suspect. Solid company and the consolidation hasn’t had too much impact.

Oxb love the word “ undisclosed.”

May 2018 was the 1 for 50 consolidation. Who would have thought after reaching the dizzying heights of £16 or thereabouts Oxb has lost 75% of its value. Would love to know what money is left in the bank. Not long to wait now. You have to ask yourself going forward what is going to impress the market? Homology is very quiet. GL all.

MikeSO2…deja-vous. It’s Aviva all over again. I agree with you in that in the short time we are no better off after all the hype of the special Divi. In the longer term there are less shares in issue and Nwg like Aviva has turned a corner and we will hopefully see sp and Divi growth but there is no guarantee. It’s all dependant on the usual ups and downs of the market and Aviva has had a bumpy ride recently.
I would have sold prior to the consolidation only my holding is entirely in an ISA and don’t want to lose that. Aviva had the advantage of paying a capital return and the money was available almost immediately depending on your broker.
I agree many will feel aggrieved and short changed by what was basically just a means of reducing the shares in circulation. On the plus side the bod will be enjoying large bonus’s and sore heads for a job well done. Hic Hic..

At least the sp has held after the consolidation which was the plan. I’m sure there are a few relieved bods this morning.

Able to trade with the Halifax. Overall Valuation dropped in line with the special Divi. No better off, no worse off ! Average cost of shares has risen.
Inflationbuster…The Special Dividend is expected to be paid on or after Friday 16th September 2022.
Once the dust settles and are able to repurchase on the 16/17 Sept should only be down the dealing costs.
No real benefit to the private investor but we already knew that. Let’s hope that the company is in a good enough position to give a return by increasing its share price after this distraction.

What some are getting confused with Aviva is that they did a large capital return and not a special dividend. This is much simpler and ultimately the market will determine where the sp goes in the coming weeks. If they see value in NWG it will rise. All done and dusted now.

2 billion debt and market capital of 32 million ! Only going one way and surprised it’s taking so long..

Share price nearly 20% down from the highs of the past few months. Would like to average down but will continue to sit on my hands until the market sees some value…very disappointing considering the good news of late.

Hi Kern. Oxb still as volatile as ever. Large swings for seemingly no reason. Did look at it this morning when it was in the 430’s and considered a small punt but it’s just to difficult to read. I wonder how the finances are?

Inflationbuster… yep, I am an Aviva holder and my average jumped massively after the share consolidation debacle. Although Aviva and Nwg differ in that Aviva did a capital return. This will also be on a much smaller scale, thankfully.
After the Aviva affair I was out of pocket by a small amount due to dealing costs. This is all smoke and mirrors and NWG is the only winner. You end up with the same value but less shares and a higher average. On the plus side this will all be forgotten if the share price keeps rising..

Special Divi and share consolidation. Every little helps.

Big spread will be putting some off.