The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
standard.co.uk/news/london/sales-of-luxury-homes-slump-in-london-due-to-stamp-duty-and-brexit-a3414476.html
this share will fall further and is going to 21's
passed the 4% threshold
I believe the buyback is working as intended. See my post the other day there has been a recorded rise of over 12.5% for only a 25% of the total value of the buyback planned for this year. Assuming a rush to get in for the the end of year div also and buyback for scrip this will add to the demand of HSBA shares with tightening supply. There will also be those who want to sell to realise their capital gains (more tax efficient than a special dividend) which will steady the share price. In the longer term HSBC can maintain dividends at current level due with a reduced float . I can see this going close if not exceeding £7 mark early to mid 2017
postandparcel.info/52167/news/companies/dx-wins-home-office-praise-and-renewed-delivery-deal/ To repeat old news: Acting permanent secretary Helen Kilpatrick said DX had helped the taxpayer make savings of GBP 3.2m during the 2011-12 year. “You developed a highly secure and cost effective delivery of passports and supporting documents to our end-customers, as well as the delivery of our internal mail,” said Kilpatrick. The Home Office official said DX had achieved a 90% reduction in passport losses. DX said it has actually cut passport losses by 96% since its original contract began.
Link here: http://www.***************************/dx-group-plc-fy16-results-difficult-year-results-line/412710572 "FY17 is shaping up to be an important year with several milestones that could improve the earnings visibility of the business. These include the announcement on the winner of the HMPO contract and developments on the new hub. The current valuation reflects the issues the business has faced during the year and concerns on the rate of decline at the Exchange business." Puts share price into context!
I hope also ajones but feel unlikely without news of II buying in or adding to their collection. i am starting to regret my decision to add another tranche at 22p yesterday.
Still well undervalued in my opinion. This should be trading well into the 30s!
all dependant on cashflow, progress on the hub planning appeal and new business. 29p!
it has risen over 2% - LOL