George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Looks like this has been written by a BOT as
"Statutory earnings per share are anticipated to plunge 92% to US$1.33 in the same period."
as this is probably not taking into account share consolidation but gives some good analysts
SP predictions.
Https://finance.yahoo.com/news/growth-investors-industry-analysts-just-052740381.html
https://www.***************************/diversified-energy-company-2023-results-and-financial-outlook-analyst-interview-summary-londec/4121152818
"What is special about the number 3,750? Does it have some sort of mystical significance"
A good question, this is on a need to know basis and only those in Peel Hunt know but must be very important because DEC paid Peel Hunt a lot of money to work this out and buy this amount back each day no matter what the SP is, Genius!
Like you notrex I am generally not a fan of BBs as these tend mostly tend to favour the BOD by increasing earning per share which BOD use to give themselves bonuses but BB are at the expense of the balance sheet.
However the cases when it is good are
1. Well below NAV
2. Significant saving on dividends against cost of BB
3. For out of favour companies like Oil and Gas to compensate for ESG sell off
4. Burn shorters
There is one more reason for DEC is that they promised BBs and gave the impression these will be significant so if this does not happen it will be another lie and not good for the SP.
The daily size of the BBs is less than a number of my purchases (what a mistake) so at present too low to have a significant effect.
Some people say they do not work but if you look at the days when a decent BBs have been made the SP usually rises against other days where it falls.
Https://www.londonstockexchange.com/news-article/SHED/q4-performance-update/16426443
Looks good to me, hopefully this will start to show in the SP.
"I understand yah pain and grievances, has anybody vote against Rusty being made? CEO? Did anybody voted against the dividend cut?"
I voted against everything except the ones like keep the auditors and others not associated with directors or dividend cut.
"Write to or send email to DEC BoD of your concerns"
Already have and got ignored until I sent a few reminder emails and then got a standard useless response.
"There are probably people on here buying more than Peel bloody Hunt "
There are probably many people selling more than Peel Hunt and add in the extra shorts.
As I have said many times to stop this SP decline you have to burn the shorters, this company is in play, I recommend a flame thrower not a candle approach. As for the excuses they did not have enough money they seem to have found it to buy more wells, not a great move when you can BB your own wells a lot cheaper than the new ones. Trusty Rusty has only one aim which is to grow the company at all costs especially to existing shareholders.
"He's not the Messiah, he's a very naughty boy"
But he is now our best hope to get out of this mess, so far I am pleased with his approach and a breath of fresh air after JL sell everything, lie and put your head in the sand strategy . The main issue for me is will the workers understand this is our last chance and accept the changes.
Balanced Commercial Property Trust commences strategic review due to 'material' discount
https://www.investmentweek.co.uk/news/4197134/balanced-commercial-property-trust-commences-strategic-review-material-discount
Https://www.-d-i-r-e-c-t-o-r-s-t-a-l-k-i-n-t-e-r-v-i-e-w-s.c-o-m/diversified-energy-company-receives-positive-model-update-by-peel-hunt-video/4121151530
I will try again as you know remove the -s
https://www.***************************/diversified-energy-company-receives-positive-model-update-by-peel-hunt-video/4121151530
looks like peel hunt are getting active.
This latest Jefferies report makes no sense, why just SUPR and not other REITS, why now when it was recommending SUPR just a few weeks ago and nothing has changed.
IMO we are now in a transition phase for inflation and Interest Rates which will eventually be good for SUPR but it is not a good situation at present as Inflation is below Interest Rates as this will restrict inflation based rent reviews while still paying more on interest rates but probably not that significant as most of the loans are fixed.
Would add more but already have quite a lot as it is my second biggest holding and don't like adding on a day the general market is up. Also looking more toward REIT special situation like ASLI and API as both may well be liquidated.
All that said good day to buy your own shares and save future dividend payments.
I just hope that the Central Banks do not keep pushing back the interest rate cuts. IMO it will all rest on the FED as the BOE will just follow.
As can be seen on the ADVFN board this is most like to Jefferies downgrade.
Thanks to chucko1
Jefferies has moved (actually - REVERTED BACK) from an NAV model to a DCF model. This has caused a drop from 90p to 60p. They stated that the V (in NAV) was relevant in 2022/23 owing to the plunge in (V)aluations etc.
God only knows what discount rate they elected to use, but a change can cause any valuation change you care to mention. A TP of 60p, as previously mentioned, results in a yield of 10%+ - but TSCO33 bonds yield 5.2%. Figure that one out. Also, 850bps over linkers???
All the is relevant is the usefulness of the yield - even the current 8% is stated (by Atrato) to result in a 12% IRR (long run). So, if like me, you own this for the long run, one could only logically buy more this morning.
So it's not ASDA, it's not the movement in rates (per se), it's not leverage, it's not a profits warning, it's not something corporate - it's a change in methodology. I wonder how much that change will effect the future cashflows??!!
We are truly blessed on this board, we have GG popping up when the SP falls or some bad news and skier1 nonstop ramping where the SP is rising or some good news.
Is skier1 GGs alter ego, would explain why we only see one of them at a time. Best if these 2 start a separate board and then they can argue with each other and leave the rest of us alone.