The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
it always amazes me that nobody talks about the elephant in the room that is public sector pensions that are over generous and unsustainable and the biggest drain on the private sector and uk taxpayers. they have to be culled even though i respect the fact that it will take a very brave govt to take on the public sector unions, i am in no doubt that it will have to be faced sooner or later . the tail has been wagging the dog for too long . imho
dino the reason nobody was trying to answer your question is because none of us knows and that includes you, but one thing i do know is that if putin has wrecked this company with the energy prices it will not be the only one in fact half of europe's manufacturers will be wrecked as well.
we will know soon enough.
i never buy banks as i believe that H.M govt always has its hand up the back of their bod like a puppet master hate shares where the govt has too much influence as it always leads to poorer returns for share holders.
saying that i do hold bt but i only bought in when the white paper was produced giving bt carte blanch freedom for the next few years which was only done because govt wanted bt to pay for the uk wide fibre rollout never trust the govt with anything to do with money is my opinion.
csdi and robleo whenever i see your names on a stock i am invested in I just know it's going down below what's expected my only savior is that i have an average of 2.52p heaven help us .
just a joke don't take it too seriously lol "smiley face"
i agree the s.p is being held down as investors are concerned that the divi is not very well covered and that this could lead to a money trap.
the divi is plenty high enough as it is maybe this will help calm peoples fears.
i would also like to see the divi split into 3 or4 payments instead of just 2 .
thoughts anyone ??
i have no idea what cpi will be in sept 2022 but i do know that the increase in pensions for the year commencing april 2023 will be based on sept 2022 just like this years increase is based on sept 2021 cpi of 3.1%
sept the one month that cpi dropped just happens to be the month that state pensions increase is calculated you can do anything with figures if you really wan't or need to do.
i first bought these in april 2020 and have reinvested all divis and topped up in the 260s at every opportunity since i also added a 50% increase yesterday at 2.52p which is now my average giving me a circa yield of 9% . as i am retiring in 3 years with no private pension this share is a very important to me for future income and the last thing i want is a buyout.
am more than happy with current yield and share buyback scheme will add to value of s.p over time. expect the s.p to increase steadily this year as confidence returns to the market and inflation brings more investors into good solid high divi paying stocks.
jam tomorrow is for kids. jmho steve.