Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
If it's a boring sport then why are you watching it? I make it a habit to not watch things I find boring. You must have a lot of time to kill if you watch things you know beforehand you won't like😂.
On this occasion though you're right, it was a dreadful match 😂😂
I'm expecting a larger than 5% rise in dividends after 2024. One of the questions at a recent meeting was regarding special dividends or a larger increase than 5%. The answer was that they've agreed a 5% rise per year, after that they'll look at their new policy.
I know that doesn't say its going to be higher, but it implies it won't be reduced below a 5% increase.
They are also growing their surplus cash while growing profits and dividends. So I'm expecting a larger dividend post 2024, most certainly not a minimal 1% increase .
Footballers earning the money we are talking about are in the top 0.1% probaby of their chosen field. All of the top 0.1% in any industry will also be earning millions. So let's not pretend those football stars earning millions is the norm within that industry. There are plenty who never make a proper career out of it, or make a career but don't earn enough to retire from work when their career ends.
So your opinion is more worthy of being right than the billions of football fans out there 😂.
I've got a purchase order at 221p, I'm torn over whether I want it to go through though, I'm already overweight here😂. But at these prices and the dividend they give it should be safe.
You probably experience AI more often than you realise. A good version of it you wouldn't even know it's not a person.
Just out of curiosity, how long have you been waiting to buy in under £2?
To be fair to Bantham, he's right in what he says. It's just what he says is very unlikely to happen. But hypothetically if in the next 18 months nothing has happened with the 20 companies they are talking with, and nothing has happened with Abbott, even though we have already been told that talks are progressing well. But if everything falls through then we will have fund raising as very low levels.
But surely the same can be said for every single company out there. It's just about what is likely to happen, and in all likelihood we will have some more commercial deals at that point, which means if we do need fundraising it will be significantly higher than where we are now.
We know that any day news could come of a commercial deal, and when it does whether it's tomorrow or 6 months from now, we know that the price will fly. It's happened before and it will happen again. The only difference is that once these deals start coming in, we are on the path to profitability and that means a much higher and sustained price.
I disagree that a franchise is the best way. The most popular franchise company is probably McDonald's, and they make most of their money from real estate.
I just don't see any significant benefits for either side being set up this way.
They bought them from lombard at a premium.
They made an approach to buy UEX in April and the price went up quite a bit there, although nothing materialised from it. Looks like they've gone straight in with OPM though.
And there's the holdings update I expected.
I'm hopeful we'll have an announcement for it this afternoon.
I've emailed the company about it, obviously if it is anything of note they won't be able to tell me anything, but if it is a clerical thing they will be allowed to disclose that as it won't be price sensitive.
So if I get no information it could mean its good, and if I get information then at least we'll know. That's the idea anyway.
I'm surprised it didn't push the price on Friday, so I'm guessing it was partially unexpected which is why we've had the rise today instead.
Did anyone see that 17m buy on Friday after close. £4 million. That's some confidence ????
Their future prediction has happened though, and we already know that they won't make a bigger profit this year, so the next few months will be similar to the last few.
I understand your points, but you can't say they aren't performing, they still made £3 million in 6 months. Even if their profit for the year is £6 million that still makes the current price very cheap.
I also don't see how it can be below expectations when they warned that this year would be one for consolidation. For me if they make £6 million during a year of consolidation, I'll be more than happy with that.
Clearly the price dropped because people bought in who possibly didn't read last years trading update, or were gambling on better results. But to say they were behind expectations is ludicrous, we were told last year that the profit would be down. The drop is a short term reaction of the traders selling.
I don't understand why you're annoyed, this is pretty much what everyone expected, for me there are a little bit better than expected after the update last July.
Decent enough results really, nothing out of the ordinary. Kept the progressive dividend, and decent profit if this us the year of consolidation.