Member Info for Slownsteady

Wynstanley... a thug's game, as played by the British. A dance of the Samba, as played by the Brazilians.

https://www.hl.co.uk/news/2022/12/6/itv-could-drop-news-pledge-unless-ministers-offer-help-against-streamers

Batfasted... You. Are. Clearly. Not. Listening. You're not a fund manager are you?
Financial strength has an impact. Even Shell, or a Country.... if their ability to service debt improves, will see an uplift in the Bond price (less risk, lower yield required).

She's an absolute lightweight with a charming smile. Thank goodness ITVX seems to have gone ok so far, having gone 'live' for the World Cup a day or two before it started. Talk about cutting it fine.
As for Bazalgette (Chairman last time I heard him), a completely underwhelming character. How do these people get into these positions? Hobermann as a Member of the Board says it all.

Checkin is absolutely right. Bond prices are a factor of Inflation (high, bad), overall Interest Rates (high, not good), and changes in perceived Credit quality (higher the better, which is why the Rating Agencies carry so much weight).
The yield curve is 'normally' upward sloping. i.e. longer dated Bonds require a higher yield, to pay for the uncertainty. A reverse yield curve is almost always a sign that the Bond markets are expecting a Recession.
It is indeed relevant. Checkin, please keep us updated on this. Increasing Share prices are, of course another sign of improved expectations. Or takeover prospects (unlikely here).

Yes jet, part (or all) of that rise is seen today. But it doesn't explain why Stanchart has also had a good day. It's an even better "Buy".
The price, if at 3x , is very generous. RBC probably feel it gives them a very good exposure to the Hong Kong regional trade, because of the large (and wealthy) Hong Kong origin population in Canada.

Bowowow... just spoke to HL, they say they will register my votes, and confirm via secure message end of today.

Dog, I've had a notification that you sent me a private message. Sorry, I can't access it as I'm not a premium member of this site.

Thanks, I've sent secure messages. Hopefully HL will comply.

If JP Morgan wish to get out of Russia, they should do the decent thing and buy us out at the (properly calculated) NAV + accrued dividends, rather than the peanuts THEY have chosen to value the Russian holdings at.
Their reputation for integrity and probity is on the line here.

No dog.. when I called them, they said they hadn't had any notification of corporate actions yet, so couldn't take my instruction. Can you please let me know as soon voting is open? When is the deadline?
We have a very large holding, so I would like to make my vote count.

If given the choice (HL declined to take my Instructions when I called them a day or two ago) I'll definitely be voting "No".

Thanks Casapinos... wasn't able to log in to the Analysts call for some reason.
Yes, looks quite bad for a year or two. But we knew that didn't we, before we entered into this one at half its price earlier this year (approaching £30). We are below lockdown crash levels... surely a mispricing by Mr. Market.

Almost reads like a profit warning,despite the waffle. I hope the sp doesn't get hammered today. the weekly sales of 0.6 (vs. 0.78 last year) is worrying. Yes, this is one for a long term view.

Strictly, you sound like Bogdan (can't remember if he comments on the Times or Telegraph, although has gone very quiet lately!). His (your?) portfolio is also House Builder specific. He has his own metrics, but no doubt he has suffered from the overall sector sell off, hence his silence.
I have no idea what you mean by "However, I use a book value weighting against Bellway (a home-baked yardstick) and Crest is on minus 30%".

Apologies for the delay in replying, strictly... only just saw your post. Thank you for that. I don't know why I'm fixating on dividends, don't use them anyway (other than to re-allocate). I'll be happy with a single digit yield.

Any thoughts on Crest Nicholson (CRST)?

My first port of call, Crossley. My confusion lies as follows:
Dec 2020 - 2nd Interim
March 2021 - 3rd Interim
Aug 2021 - 4th Interim
April 2022 - Interim (1st? 2nd? 3rd? 4th? )
July 2022 - Special (what happened to the other Interims?)
What's planned going forward? Seems all over the place.

Well, so far so ok... up 9% in a week.
Still not sure whaat the dividend situation is, how often, there appears to to be special thrown in there somewhere. I'll take 8% if offered...

Thanks Paddy. I assume they haven't announced the cut yet? And does anyone have any ideas as to the cash/debt on the Balance Sheet? It's not encouraging that there are 140 pages of waffle in their last Annual Report to get through before you reach the Numbers! Always a bad sign. I can't remember who it was, but a famous Investor said that the more fancy the Annual Report was, the more likely to go belly up!
I just want to have come comfort that things can be seen through the (I'm expecting) deep recession. I'm willing to wait, as long as it is still around.
Thanks in advance.

I'm looking at getting into this at these levels. Does anyone have any idea if the Dividend is relatively safe? At c. 19% yield I am assuming the market is discounting a 50% Dividend cut.
And ( I have looked into it, but...) could anyone confirm what the Balance sheet debt/cash position is?
Any thoughts would be greatly appreciated before I take the plunge.