Member Info for Taverham

Great results imv. 10% on sp today - my prediction.

Up today - why?

Rayner's plans to force developers to hit deadlines will only slow development down . Who would want to add more risk and make building less attractive? Only a dimwit who should not be in any responsible job. Step forward Rayner.

Announcement reads positively and the buy back should help put a few pence on sp today.

@only profit, one company I would suggest you look at is GGP. It is worth around £2bn , but is traded on aim - so no stamp duty making profits easier. Obviously being a gold miner it goes up and down daily with the price of gold but more importantly it is du to cross list on ASX on 24 June meaning , imv, there will be a run up in the sp in anticipation of Aussie investors and institutions buying. Therefore expect volatility in short term with upside bias. Good luck but dyor.

The aussie exchange rate is not helping us atm- last time I was there , pre covid it was only $1.70 to the pound. What does this mean for us? Well as i see things the pound is higher than its 'natural' rate which is probably around aud $1.90 and as the pound falls back, our sp will be cushioned. I think that will happen once Trump's tarriffs get sorted. Unfortunately gold will probably fall at that time but , as shareholders with GBP listing we will be cushioned. Ultimately we shall see how it unfolds, but I am expecting an inital jump in sp.

My political views are far right, apparently, but all workers , from private and public sectors deserve final salary pension s linked to inflation imv. The fact that we can't afford them just now is because of financial mismanagement, for example , if we paid less out in benefits to the non workers ,we could pay pensioners more. I heard a debt charity manager say that 25% of the cases his staff deal with are people who get more in benefits than his average employee. Lots on £50k plus benefits.

One trick the government pulled about 15 years ago , was to massage the inflation data so that pension bills [ and benefits] fell in real terms and that was to use CPI as the index in place of RPI. This months figures show CPI at 3.5% [ shock horror] but RPI at 6.4% , which includes housing costs , as essential imv.So were this the month used for benefit increases , those people would have a cut of 3% in real terms.

We are bankrupt of ideas and money, and no politician, not even Reform are offering to reinstate real inflation measures.

My take;

1. The non execs and the chairman have realised they can be sued for their complete failings to provide proper over sight on the committees on which they served. i.e they took the money and did eff all effectively. Going forward this will require more diligence and they want out . They are hoping not to be sued by shareholders .

2. The accounts , when published will be awful and no one will be surprised that the company has recored huge losses and was probably insolvent a year ago. However, what really counts is trading and cash generation going forward. The delays of the last few months may have enabled the company to stabilise and paint a better forward looking picture , particularly if they can access the surplus pension money.

For me the odds are split a third - it goes bust and we lose everything, one third the sidara bid goes through on same/slightly worse terms i.e35p/ 20p and onethird we get a higher bidder turn up once the accounts wipe the slate clean.

Great spreadsheet, and I like the bank of america target of 112p issued 2 days ago. Much better research than barclays, obviously.

Retail sales surge in April should help all UK retailers today - worth 2p here is my guess.

I think the buy back is a really big deal , and the reason I say that is because so many shares are 'non tradeable' being held by Pentland or other lths. The effect therefore will be disproportional to the implied % being bought back. I can easily see us being over £1 soon.

I wish I had known about this court case before investing. It seems MM diddled someone out of shares and then tried to claim it was too late for that person to claim. THG lost the case. Did we get a RNS? I don't recall one.Untrustworthy - no wonder city think the way they do.

https://www.supremecourt.uk/cases/uksc-2024-0047

The bond markets will affect us if confidence across the whole economic landscape in US takes a hit. On the other hand , tax cuts by trump will help us!

On the day inflation officially hits 6.4% , yes 6.4% the true measure of RPI from the ONS , Starmer wants to talk about giving a handful of freezing pensioners some more money and not why his government have caused runaway inflation and why the useless lacky at the bank of engalnd should be replaced.

I have pointed out on here for the last couple of years that rates have been too low to deal with inflation.Frankly in June, they should raise - but assuming they go for hold, and hold until year end, once lower energy costs come through , by this time next year CPI might be at 2%.

RPI IS 6.4% Today . Wow and why is no one talking about that!!!!

IMV there are two things that will drive this over £1 very soon - cash generation - at £1.2bn less than 25% of mcap and next years world cup. Can't go wrong here imv.Bought more yesterday [mistake] and today - good move.

I think the market will read the £1.2bn of cash generation and lift the sp 5p plus over today/tmr

@Multiplier - cash was used buying two companies.

I had to laugh at the triumph of reducing queues that allow us to get into the EU and spend our money there! Just who is the beneficiary?

I have to say, I always thought the EU would come out the winners from Brexit and round 2 has gone their way, just like round 1.

Bid for Footlocker - up 60% - should lift us today - we will be at £1 soon imv.