Member Info for Stalin_ESQ

It has a net cash position of £113m, that is the equivalent of 75% of its current market worth – which is some 41p per share.

Tipped on Master Investor

BOOM

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https://www.ft.com/content/630811f7-7d6f-44fe-8937-3fdcc6bfe679

HSBC said it would pay an interim dividend after its profit before tax grew more than fourfold to $5.1bn in the second quarter.

Europe’s largest lender benefited from an improving global economic outlook as it continued to cancel provisions set aside to cover credit losses during the depths of the coronavirus pandemic that hit performance in 2020.

The second-quarter figures, announced on Monday, easily beat analyst estimates, which had predicted income of about $3.7bn, despite a slight drop in revenue. The bank has also boosted investments, in particular through a $6bn plan to grow its Asia wealth business. Revenues were $12.6bn for the quarter, down from $13.1bn in the same period last year.

WOWOWOWOWOWOOW

Large buy reported after close. 4p tomorrow?

fantastic reduction in debt, very pleased with that

Sale of First Student and First Transit to EQT Infrastructure completed yesterday evening
Proposed return of value in autumn increased to £500m (c.41p per share) from £365m
Estimated pro forma net debt of c.£100m following the Sale and the use of proceeds is unchanged, as the increase in proposed return of value reflects:
$58m increase in cash proceeds received at completion due to final working capital and debt and debt-like balances
Increased clarity for First Rail resulting from agreement of SWR and TPE National Rail Contracts and final rail franchise termination sums
Cashflows of the continuing Group anticipated to be better than was assumed in April

LOT OF VALUE HERE

HUGE volume (so glad I topped up on Friday)

WOWOWOWWOWOWOWO, way over ask, someone very keen.

GOLD !!!! $$$$ !!!!

FULL ASK BABY

GOING > TO > POP

Nice. Just under 5 mill buy just came in.

Gonna POP (30's coming)

paying FULL ASK, a tick up coming....

WOWOWOWOW buyers are all over this...

boom

interesting close coming up....