RE: Scottish Widows29 Dec 2020 15:30
Good Day
My old Friend Kassam83
Hope you and the family are in good health
I am doing well thanks, still keeping my head above water, especially after the last 12 months as we all know, and today really just keeping my head down from trading shares as I was caught out by the Portuguese Bandit pulling my 2018/2019 final dividend last end of March 2020.
I my portfolio got hit for a six
But hey ho Life goes on and I just have to sit it out, until we start seeing some sort of Dividends here
Are you still in Barclays ?
Back to Scottish Widows today the market is valuing Financials at low prices so the New CEO has got time on his hands, we don't need any fire sale, we have bundles on excess cash on the Balance sheet to be distributed to its owners next year.
Maybe in 18 months on the trading cycle is high, we could put her up for sale around the £6 to £8 billion Mark
There be loads of interest from Oversea Buyers, UK companies are cheap compared to North American and Asian Pension Companies.
Have a good New Year
All good things come to those who wait in life :-)