Member Info for tep1

"fund managers realign their portfolios."

I think they are doing this already! Also there's a reduction in short sellers and the chart trend is pointing long. I have been adding more of late for these reasons.

Another 43M buy at 12:55 today.

Rather interesting 30M buy around 13:55 today

Looking at some of the large buys in the last couple of days this is about to make a big move.

Yeah its dissapeared. Makes you wonder about the initial intentions of it

Thanks @pitterpater. I contacted magenta to understand the process. It sounds like the process enables Everaz type c shares and not ntmk shares for british passport holders. Brokerage then charges 1% annualised fees on shares which are untradeable.

@surviving what is the process to follow for SIPP?

Watch the bottoms not the tops

Buy backs have been occuring a lot longer and when the shareprice was around 90p from what I vaguely recall. Don't disagree with your comment on the dividend vs peer. They could do a bit better here also! But I suspect they want to maximise on buy back value.

Share price has gone up in the last time I checked. Dividends as well. By 2026 proposed dividend will be 6.34p. What were you hoping for?

In short, Marshall-wace selling! They do it to create liquidity in the market for buy-backs. When they reduce their short position (i.e. buy) the share often rises above previous highs assuming you and other PIs are in for a long term hold. If you are a PI that just trades for marginal gains then you create an easy market for marshall-wace. If you do the former it makes their job more difficult!

I believe we may have hit the bottom for now unless marshall wace continue to increase their selling position.FYI II's have been increasing their long position through June and August. So they probably agree with your statement also "They seem to be doing everything well with their investments"

Its his share bonus. He sells in July every year.

Just in time for summer. Looks they have moved on. That bet must have been a costly exercise

@stockboy DWT is claimable from ISA. I know I've been successful more than twice. Irish revenue are very communicative and helpful in my experience. Good luck !

Claim is with Irish revenue and you will need to complete the DWT claim form for non-residents provide CoR and the CoC from your broker.

@stockboy you dont need a stamp from hmrc. You just just need your CoR. it take about 4 weeks to receive after completing the online form.

https://www.gov.uk/guidance/get-a-certificate-of-residence

@scrafell Why did you give up - or do you mean you couldn't be bothered? The Irish team are very helpful. I think the backlog of cases is 3-6 months.

@stockboy "Any one here knows whether this is reclaimable as a uk resident with an isa holding?" yes

“With the consortium offered access to due-diligence information to improve its proposal, we think an upped bid at 580p per share would be fair and a good result for shareholders.” Berenburg

2024 Comparison RR. CNA

Total Revenue 18,909 24,636

Operating profit 2,906 1,635

Net Profit 2,293 1,332

EPS 20.29 25.7

P/E 36.96 5.07

Market Cap 63.78B 7.45B

2025 Dividend 6p 5.5p

Rolls Royce is overhyped and far better value here imo

I am topping up - Short squeeze incoming