Member Info for Slownsteady

Fanx. Letter signed.

I did start with a holding of 30,000 shares about a week ago. Will continue to build on this slowly, as dividends flow in (May and June seem to be very good months for me, with about 40% of the year's dividends being paid in these two months).

From Google AI

"Yes, BASF is seeking to exit its financial participation in Harbour Energy. They have already taken a decisive step towards this goal by selling the Wintershall Dea E&P business to Harbour Energy. BASF's strategy is to gradually and optimally exit their financial participation in the company over the next few years.

Here's a more detailed breakdown:

Decisive Step: BASF sold Wintershall Dea's E&P business to Harbour Energy in December 2023, a key step in their exit plan.

Gradual Exit: BASF intends to exit their financial participation in Harbour Energy gradually over the next few years.

Value Creation: BASF sees the Harbour Energy shares as having significant potential for value creation, enabling them to exit their investment strategically.

Shareholding Structure: Following the acquisition, BASF holds a 46.5% stake in Harbour Energy.

Lock-up Period: BASF's shares in Harbour Energy are subject to a six-month lock-up period."

Thanks Never. Yes that'll do.

A couple of my geegees had a good weekend (1st and 3rd). So I might stick the pittance that passes for UK prize money and stick it on here.

Thank you all very much for your thoughts. Plenty to chew on.

Never, you mentioned "huge risk and health warning". Did you have something specific in mind? My big fear would be heavy debt and bankruptcy risk.

Thanks to all anyway. And nope bots, not looking for inside info. But also not looking for swivel eyed conspiracy theories. How about plain vanilla analysis?

Well, as suggested, I've now looked at a few of the back posts. Lots of noise, very little light, I'm afraid. Perhaps even some misinformation... certainly plenty of 'tin hat' theories.

Yes os course I'll do my own research, thanks. Just wanted a direction into what the issues relating to this Company are, and what has driven the sp downto this level.

Aware of dividend/buybacks/ cash flow. On the negative side the Governments tax and environmental issues. What about manageabilty of debt from takeover (interest coverage post takeover)? I think they are Investment grade? That's a huge positive.

Someone mentioned BASF. What's all that about? Are they buying BASF out?

Any other issues?

Hello everyone I'm thinking of dipping my toe into this Company and building a decent position over the next few months as dividends flow in from other holdings. I'll look to buy a significant amount.

Could someone please summarise the 'Buy' case (divi I'm aware of) and the risks in a 'one page summary sheet please?

It'll save me trawling through all the chat on here. I've had a quick look through the Capital markets presentation, but a few independent views (both positive and negative) would be greatly appreciated. Thanks.

"Point seven raises the possibility of a new relationship between America and Russia, saying that all US sanctions would be lifted and the two countries could begin to co-operate on energy."

(Source: Daily Trollograph)

Good news for Unified streaming. Not so much for ITV, who are the purchasers of their service?

Kiwoke. I've got news for you. They're all being shown. Everyone of them. Plus 'Minder', 'Kojak', 'Magnum PI'. And much more.

"Moscow said the deal would “come into force” after the “lifting of sanctions restrictions” on the Russian Agricultural Bank and other “financial institutions involved in international trade of food”, and only after they are reconnected to the SWIFT international payment system."

(DT)

The DT has, as expected, put a negative spin on it, but it appears Putin has obtained lifting of Agricultural and Financial sanctions by the U.S. as a pre-condition to the Black Sea Ceasefire.

"Some/ most of the volume was ut trades but they were still all buys throughout the day so 48 mil i"

What?!

Jesus. Celebri'y Love Island strictly dancing on tonight.

But something is definitely cooking.

That 48 million is a UT. Google it.

"The more a man speaks, the less he is understood" - Abraham Lincoln,,,

Ever since I barred Pogostick, all I've been seeng is a barage of "This message has been filtered" :-)

Life's too short. He does know that no one reads his meaningless garbage, doesn't he? This is abnormal behaviour.

Went into Abdn, Phnx, Lgen, Hsba and Mng over 2022 - 2024, when all yielding 8-11%. They've all solidified their results since.

What??