Member Info for Sparks21

Stt1, I believe the divi policy has already changed to make it more sustainable in the medium term. They intend to run down the land bank and buy land in smaller amounts as needed. They suggest this new land will have a better margin, perhaps due to planning reform. This may well reduce the NAV and therefore make the dividend more sustainable.

Obvs some geopolitical things affecting the SP. The SP appears to not be accounting for the additional revenue from the recent 1.5B CP Kelpo buy out in the US. All the director deals over the last 12 months have been buys well above the levels we are at now. I'm very happy to sit on these for a year or two until things calm down. Some director buys after the recent update could really pop up the SP IMO. My target is 550 +.

Canchat: Probably to do with this:

LONDON, Oct 1 (Reuters) - European healthcare stocks jumped on Wednesday, mirroring moves in the United States, a day after Pfizer and President Donald Trump said the U.S.-based drugmaker had agreed to lower prescription drug prices in the Medicaid programme in exchange for tariff relief.

Healthcare stocks in the U.S. and Europe have been lagging this year due to uncertainty about the Trump administration's stance on drug pricing. Analysts said the deal had reduced uncertainty for the sector.

"We think this removes yet another policy overhang that has stymied the sector this year and expect a favourable investor response," Citi analysts said in a note.

Yes, looks OK to me too. Interesting that they feel they can wind down the long term land bank as, I imagine, it will be easier to snap up land in smaller chunks and with a better margin, due I suspect to planning reform. This has to be great news for tw.

This is from my chat with AI:

What Happens When the Final Tranche Ends?

With no further buybacks planned, here’s how the dynamics shift:

- Loss of artificial demand: The company has been a consistent buyer in the market. Once that stops, the share price may soften slightly due to reduced buying pressure.

- Retail sentiment: Some holders may have been riding the buyback wave. If they exit, it could add short-term volatility.

- Valuation reset: Without buybacks boosting EPS, analysts may re-evaluate forward multiples—especially if growth slows.

- Dividend focus: Investors might pivot to expecting stronger dividends or capital investment instead.

That said, Jet2’s fundamentals remain strong, and the buyback has already reduced the float and improved capital efficiency. If the SP dips post-buyback, it could be a contrarian entry point—especially if retail overreacts.

Personally, I will look to top up if this breaks down to 1300 to 1350. The budget is another factor that could bring the SP down to that level. I believe by late winter the fundamentals and hopefully some good news about bookings will take this much higher.

Here we are, powering through ex-dividend day with a 4.8% rise thanks to a broker update. Happy sunny CCC ex divi day! :)

A happy Thursday section from an article I read for anyone else balls deep in bricks & mortar. First time buyers are what drive the market. I guess we all know that:

Mark Lawrinson, operations director at estate agency Beresfords in Essex, said: “While there were predictions a couple of years ago that rising interest rates might trigger a significant drop in property prices, that scenario hasn’t materialised.”

He said that Beresfords data suggested potential first-time buyers were “choosing to move and secure a home, despite wider economic speculation.”

Industry figures suggest the proportion of homes now being bought by first-time buyers is growing.

One third of all sales were to a first-time buyer in the first three months of 2025, up from 30 per cent on the previous year, according to Hamptons.

In total, there were 1 per cent more sales agreed across the country between January and March than during the same period a year before, but first-time buyer numbers increased by 9 per cent.

RNS: Eight international oil companies operating in Iraqi Kurdistan reached agreements in principle with Iraq's federal and Kurdish regional governments to resume oil exports, according to an IOC statement seen by Reuters on Wednesday.

Nobull: Thank you kindly for your summary of the presentation. Very interesting and much less of a drag than having to listen to it!! ;)

Mcap of 200m and pre tax profit for the year at 49m. Reducing finance costs significantly. Reducing debt significantly. Paying a dividend again. This company has made such a turn around. CEO should be very proud. Just a matter of time before the fundamentals play out in the SP. GLA. :)

Some nice buying pressure pushing this higher this afternoon.

I'm not sure. Could be some nerves about next months results. Sells are also far outnumbering buys. I'm a long term holder here but I also carry out shorter term trades on some of my more volatile stocks. This one qualifies. I target buy at 320 to 330 and then target sell at 365 to 370 just to keep things interesting. It seems to bounce up and down enough to make this work so the drop today gives me another top up point. The low points on the 6 month graph give me confidence this is heading upwards as does Shakespeare running the show. A good trading update is what we need. Just my opinions. GLA.

I would imagine so. Sugar prices don't seem to be quite as sweet at the moment. Sugar beet prices are high which I imagine is squeezing margins.

I thought this would drop today, not high single digit rise. Here we are in a AI revolution and a computer company has a falling adjusted profit level. Looking like we are pinning our hopes on momentum in North America but I wonder how much of that trade was to beat the incoming tariffs on US imports.

14M sold and 23M bought. Tasty. I've invested here today. I also hope they did some serious buy backs today. Hopefully the agent was primed and ready. £££££ :)

Unless I'm mistaken, we just powered through ex-dividend day without missing a beat! 0.41% up. Solid.

Agreed that occupancy rates falling is not great but if like-for-like closing occupancy was at 81.8% of the current leasable area, compared to 81.4%, then I'm not too concerned. More reassuring is that like-for-like UK revenue for the quarter was 2.8% higher, supported by "robust demand from domestic customers".

Really Ironknut? Wages rising circa 5% while inflation at circa 3%. Interest rates in decline. Some people need to cheer up!!!

Update is ok I guess. Small amounts of growth in all areas. EPS for the year is expected to be 40 to 42p. This gives a forward PE of 16X I think. Apparently not too high for a REIT. Last years results were inflated by property revaluations which explains the low current PE. Debt looks OK and net assets of 2.2B with a Mcap of 1.37B probably explain the high broker targets. Lower interest rates will help the company of course. I'm invested here but the results aren't inspiring me to add or reduce. Anyone have any other thoughts?

If the Autumn Budget does go full Robin Hood on the banks, I reckon there’ll be a brief window where quality names like Investec get unfairly punished. Rathbones could also take a hit given any kind of investment profits, capital gains, dividends could be in the firing line. If this is the case I'm looking to top up on the dip. 600p may be on the cards but the budget is a massive hurdle IMO.