Member Info for Svend

Bottom line: Looking forward, the group said that it will aim to generate GBP1.4 billion-GBP1.8 billion of retail free cash flow annually and grow the dividend each year, targeting a pay-out of around 50% of earnings. Capital expenditure will remain between GBP0.9 billion and GBP1.2 billion.

Millcottage, Yes a very good forecast and if we get the +10% re-rate then the £ 3 mark is within reach soon.

lti > Indeed needs to break through resistance @ 267

Gaz > Yep simple maths the smaller the pot the bigger the div payout

MaryBr90 Could not agree more hopefully 'abrdn' cracked the code an especially in China.

Luis I fully agree and so do the US Admirals Pension fund (IP3) this could be Boarding time for E-vertical lift-off as well. Going from a hat-trick to a five bagger of positive news in less than a month should make the SP Airborne again and could be a catalyst and/or game-changer for the company in the future IMO DYOR

RR is perhaps at its lowest and most compelling valuation since its government flotation in the late 1980's. Not to mention the technical charts that show the weekly close above the 200 SMA get ready for take off & Boarding it's time to fly above the clouds again AIMO DYOR.

Could not agree more with the posts here today, what a bargain and to get paid such a huge dividend while waiting for the inevitable strong recovery in the precious metals markets is really nice. Expecting to see the price of Gold/Silver and Copper recover as we head into the final quarter of the year and provided China's Evergrande does not implode and spill into the markets hope poly can return to the high teens again very soon.

Millcottage agree on the whole UK Plc are currently On Sale wrt Tesco SP it's well overdue a rerating following the take-aways of both ASDA and Morrisons the sector is ripe for takeovers

Tornadotony ''A lot of 2022 costs have been brought forward into 2021.''

SpotOn I think this is the important missing link many investors are not taking into account.

cw the volume could go vertical if we see a repeat performance of Friday

merc1 No dividends before 23 at the earliest

Din, Agree 200 % 'keep the pedal to the metal' it's time to fly. IMO DYOR

Bernyb > Follow the money it was in the SP volume.. it's not every week that a company with greater value than 1B grows by 30+ % IMO

Luis 2018 Agree 100 % Very well said away she flyes towards the 200 SMA

Billy, I fully agree with your post. The SP on a chart is just like a snake you just don't know which way it's going to bite you ??

The weekly SP action may print its own presentation of where the SP is heading.
As of the close of play on Friday, the SP closed @ 132.50 and had a low of 100.16 and a heigh of 134.2 while the weekly Volume was in excess of 250m (Daily Av Vol 37.5M) Friday's volume was over 70m alone.. The last time the weekly SP had an above-average increase in volume was Q4 2020 following the RI when it peaked at 137..(Nov 9..) and that increased demand/volume lasted until Dec 2020. The weekly 200 SMA is still away into the sky @ arr 223

BB-CW The Volume traded this week was just off the charts I still believe in the trading range of 95-150 however since the last post I now re-consider 105 the low range instead of 95 following last week support at resistance coupled with the contract announcements last night and as a result moving the upper range towards sp 160/70p for the price direction. The Price action alone last week reaffirms Falky's reasons not to use a stop loss when you have conviction in a stock. AIMO DYOR

mrJimV - Liftoff to the SP and cheers to the 6-year B52 replacement contract.

CW Fully agree the SP closed bang on the 200 EMA if it closes above here at the end of next week it's likely to get noticed by the more/purely technical traders who may deem such a move 'shall we say interesting' for comparison last time the SP was above the 200 EMA was June/July 2019. So it's time to fly again let's get off the tarmac.