focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Sky Is in trouble imv. In our household TV viewing has fallen by around 60% in last 3 years with my wife being the only 'regular viewer' and even then very little is from the main channels. So expect bigger discounts as linear TV fights for survival.
My view on the Ukrainian war is that it suits the USA to pay for their number 2 enemy to be degraded and send a strong message to their number 1 enemy not to mess with Tiawan. The USA does not want Ukraine to win easily and is holding back their best weapons to allow for stalemate. F knows what the EU wants as it is a rag bag of different interests. Collectively they know that Russia was doubled crossed over nato expansion and I think they would settle for a peace that gave Russia some Ukranian teritory. What do we want? Answer to stay friends with the USA who continue to exploit our subservience.
Christine, I agree regretfully the UK is anti oil and gas to the extent the BBC allowed an idiot on R4 this am to say ; we are reliant on unreliable and expensive foreign gas' whilst promoting the idea we can use more wind and storage to generate electricity , He was not challenged about his incorrect assertion on costs or indeed the huge gas reserves we still have where the industry is being taxed to a standstill. Well done UJO.
So profit this year plus divi. profit next year plus divi , significant growth following year. Sp will surely rise over the next few days and then again after strategy day in a couple of weeks. Clearly they want the strategy day to lift the price hence bad news today. Good plan in reality.
From the news '"The majority of the claims are being generated by a single Claims Management Company," Vanquis explained, adding "they are spread right across our business but are predominantly linked to Credit Cards".
"Most of them are completely unwarranted (eg not even a Vanquis customer), but sadly we have to investigate every single one, and each investigation has a cost associated with it," the company said in a statement.
Vanquis said it was exploring proactive legal steps to address this situation.
I am just waiting for the TV adverts ' has your company been affected by spurious legal claims'? If so we at Fightback legal are here to help just call.....
However there must be a duty on the claims management company causing the problems to vet them first, so maybe they can claim back costs for those that are entirely without merit. Could the FCA get involved?
Kingalf, I agree nothing has really changed but it has become fairly obvious that almost nothing has been done to market a great product.
Yes nothing changed because nothing done.
As I recall on the Lgen chat an investor there , who previously was snr within that company likened the IFRS9 effects as sort of putting some profits into a 'pot' from where they would be drawn at a later date. I think this company needs to explain that effect so as to restore confidence.
Stevo, a few points on retail cost of energy;
1.it is always based on previous quarterly costs fo lower wholesale tday will not show up for a few months as you indicate
2, About £47 of each custmers bill is to pay for the bad debts caused by those who can't or wont pay - this has doubled caused in part no doubt by the outcry over forcible prepayment meter fitting
3. It used to be the case that about one third of the bill was network charges
4. Additional costs lumped on for green initiatives like the useless smart meters , failed insulation schemes renewable subsidies etc- these have grown over the years
5. Vat then gets added to all the above government charges so they get to tax us on their taxes
The good news imv is that the public are waking up to the idea that if energy gets more expensive we kill the economy by destroying jobs , further impoverishing our failing nation. We need the equivalent of a 'Thatcher Revolution' led by someone who can cut through the green fog and spell out a compelling way forward. Don't see that person just now but I live in hope.
Sentiment has switched in line with aim unwritten rules. It will not fall much further bc we will be issued a good news rns to enable the mms to sell the shares back to the market at a higher price. Either stay in or stay out is my advice just dont react to the sp every few days.
My average here is still 87p but it may come right this week.
Btw I wish Mr Lewis would investigate my local council - I pay £4k council tax for a bin service . The costs are likely higher because of the damage caused to the collection lorries because of the extensive pot holes in the road outside.
Here's the thing about car loans - as a consequence of the FCA government encouraged milking of this financial sector the prices will rise and consumers will pay more for the added hassle , Won't help in short term but companys will put rates up this year for sure!
What a disappointing RNS today. 3 things spring to mind; firstly Elliot are trying to force the bod to engage through their statement, secondly the bod are putting their own intrests first by refusing to engage and should be sacked and finally unless jd.com or another bids or are seen as likely to bid the sp will be back below 50p , proving Elliot correct in their complaint that the bod are wrong to not engage. Not impressed personally.