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RMG directors have been rumoured to be speaking to a possible Dutch suitor for the group. Anyone any info on this. Any idea whereabouts the sp would be for a takeout of shareholders.
Meanwhile on the AJ v Usyk bout, I think that AJ forgot his victory speech , decided to give it to us anyway, ran back to changing room to gen up on it cos he forgot it
Will Fury beat Usyk? Whadda u think?
Tinker,
I was very tempted to go into Cine with a lump before covid restrictions ended. The reasoning being ( following some experts opinion ) that Cine would be a fantastic recovery share. Nar I thought, my reasoning that plenty on minimum wages with kids would be hooked on Netflix and Disney, or just stopping in with beers post Covid.Big phew on that one.
I decided to top up on my Aviva and Lgen holdings instead.Got it right this time.
Best to all.
Thedetector.
Could be worse you moaning minnies, could be in Cine. I swerved a bullet there.
Crikes,stop whinging you lot.Aviva have added around 70p in the last month. They will be a fiver a pop soon if this mob in downing street can get around to accepting proposals from energy companies to a formula for energy price freezes BEFORE October .
Tozzer Sunak refused to talk about the formula for a freeze, he wants pensioners to die and everyone else to be very cold ( except his lot of course}.
Relax put your feet up whingers ,collect the generous divi and sell the lot at a fiver plus , just like i'm goona do.
All the Georgey to all holders.
Appendage to my last post dated 27th ( last friday}
I gave out some info on advantages of having shares in a share ISA account. Some advice would be that if anyone is considering opening an ISA account or even just thinking about share or any other type of investment is to make sure that the bank, company or any investor provider is covered by the FSCS ( Financial Services Compensation Scheme). and also to look into how the FSCS operates and what the scheme covers and limits of compensation.
The FSCS will compensate all or part of your lost investment if the investment provider goes belly up.
Best of luck .
Thedetector.
I agree with Gary.
Hi TT,
Great to see you finally agreeing and copying my thinking stream. Also using tangent gobbledegook speak again on giving nonsense about investors from over the pond.
Now for heavens sake stop whupping the nag cos he ain't getting back up. Move on. I have enjoyed our little bit of banter and thoroughly enjoyed whupping your ass.Great to see you come onside.
I am sure your investments that you mentioned will do well and be wise buys.
All the Georgey.
Your honerable Master
Thedetector.
TT you agree about the special dividend as being an alternative. You say that consolidation would not have been your preferred choice.I suspect a simply understood special divi would be 1st choice for you.Aviva have an ongoing future incremental increase of divi growth stated with or with out consolidation. I was stating my preference as being a special for cash payment.I suspect lots of holders would have this preference too.
As to your ' casitgation 'comment , you know I was referring to any divi anywhere as ' pie in the sky ' until tinkled into our piggy banks. As recent covid event has proven this fact to be correct .You are mincing my comments to suit your own agenda of not accepting my facts as correct.
As your reference regarding me or maybe anyone else having capital gains tax implications .Anyone can open an ISA share account with either a bank,or share broker. ( money supermarket share isa gives info on best options ) .
When you decide which company to open your share isa you can invest any amount up to a very generous £20 thousand pounds per year and every year going forward. This means that after 5 years you can invest up to £100 thousand and so on . Obviously this sounds a lot but you can just build up an isa with a few thousand each year and after a few years it will soon start growing because the beauty of an isa share account is that any divis paid and capital growth are tax free . There is no capital gains tax to worry about ,yes all tax free earnings,great yeah.
Another bonus is that all of us are entitled to have an isa running along other forms of investments and savings accounts and that means that your wife,partner , girlfriend or boyfriend can have their own separate isa as well, DOUBLING your potential tax free earnings. Me and wifey have been topping up our 2 different isa share accounts for 5 years now and all divis received have swerved the dreaded Queens taxman,all tax free. Hope this helps some on here.
TT as for Aviva and LGEN I think they will both do well going forward.My urge is to suggest and predict that LGEN will outdo Aviva.I am sticking with them both as over the last couple of years they have been kind to me and not bedevilled me with any stress.
My prediction is that Direct line could maybe ( strong maybe) is ripe for a takeover approach and has been muted before. .Any further murmur of an approach and the SP will arc instantly upwards over 3 quid a pop. My target for this share is 300p.
Wood group is my phoenix rising from the ashes. I have them at a target price of 265p which is nearing fast.I got them real cheap,a snip.
Well I hope you have enjoyed my latest rant cos yours have knocked me out.And its goodnight from me.Wifey is indicating she needs assistance upstairs so thats all from me folks.
And for crikes sake TT stop whipping the nag,he is dead you know.
All the Georgey TT.
TT .
Seems your misunderstanding of operandum options of a company wishing to distribute cash funds on balance sheet continues.
There are various options to distribute cash to shareholders which include recent Aviva event of consolidation ,raising of a future dividend or indeed an immediate or near future special dividend with both the latter not inclusive of cosolidation ( a simple special divi would have been my preference and would have been much easier for all experienced and novice investors to understand and play their own hand )
This debunks your point entirely of what Aviva would do if no consolidation event.
As I quoted in prior text you are getting tedious and need to move on.For crikes sake no more on this yo. .You are whipping a dead horse , the horse you backed.
PS you can monitor my recent actions to see if indeed my investment decisions are wise or not.
Aviva hold average 325p
LGEN top up average 260p ( topped up with av cash return )
DLG top up average 248p
WG ( Wood Group) top up average 230p
LGEN my top tip ,far too cheap right now with great divi.
Keep your eye out on these mate and message if any big moves.
All the Georgey to all with your picks.
Defo over and out on this consolidation lark .
Correction..
The fact is a lot..
You write a load of nonsense to cover up blatent negative facts of recent Aviva consolidation event and running off on tangent speech to create confusion to appear always being correct when you obviously ain't.
The fact is not a lot of investors are not happy bunnies after they do the math and implications.
Those that bailed and bought back in are quids up plenty and are in far better positions. You are getting a bit tiring now so no more please on this subject. Let's move on.I'll bet you are a horror to have a pint with.
All the Georgey to all.
Hi TT,
I am going to try one last time on this as we are all going round the bushes and not catching any tails.
On dividend payments versus return of capital.It goes as thus.
Dividends... are PAID to shareholders from a companies profits and earnings and are taxable. ( unless ISA based) .
Return of capital ... is a return of part of or all of YOUR OWN initial investment ( not company profits) and not tax deductible I am led to believe, unless your portion of returned investment has made profit .IE if initially you paid 400p for your shares on average and then the returned cash equates to 423p then 23p profit should be declared for tax on the of shares you have been deducted from original holding.The implications of tax on this should be investigated as I might not be 100% correct on this to be sure and sleep easy.
TT as regards to reduced dividends I am not completely wrong, on the over hand you are completely right in your facts of future divis.
My whole point is that I would prefer to be rebased to my original position and still to have all my shares to be entitled to the future enhanced dividend.And all my shares to have attained recent share sp growth.But alas due to enforcement event by Miss Whitey Blanc it is not to be.
You attributed the word 'moan' about me. I am a man with a plan and a happy man.I invested an amount equal to returned cash before consolidation event on topping up of my LGEN holding. I do think that LGEN is far too cheap at the mo with a great divi return.
Like I said ,I am a man with a plan. But alas a man and his plans and we know how that turns out.
Best of luck to all with your plan too.
Byes TT.
All the Georgey.
Hi TT.
I don't think that you have fully comprehended the implications and mechanics of the recent consolidation event.
The returned cash is defo not 'like' a dividend. A dividend is a payment of a portion of profits of an organisation and your share count is left intact and full.
The recent cash return is a portion of surplus cash on the balance sheet due to Aviva company disposals and not profit.
Anyone using cash now to buy Aviva shares will lose out due to Aviva sp recent rises. Also have less shares for divi payout.
Divis are pie in the sky until they are in our accounts as recent events have proven.
Given a choice I would have abstained from this smoke and mirrors forced event by madame Whitey.
Correction..
less capital growth.
And the conclusion with this in depth self explanatory is that any investors still holding returned cash will not of appreciated any capital growth and will be worse off .
And probably peed off with this smoke and mirrors manoeuvre of Miss Whitey.
All the Georgey.
I will try and help you again.I am not referring to the cash in Aviva balance .I am referring to OUR situation that the cash value of OUR holdings would be worth more post consolidation event if we had not participated in consolidation and had a choice to abstain.( SP has rise post event).
We would have had our original share amount which would have attained more growth cash wise because we would have owned more shares. More shares would also equate to higher cash payments received at divi allocations.
Anyone who did not or could not reinvest returned cash will feel wronged and cheated.
I hedged my bests and topped up my LGEN holding pre event with in mind an effort to attain growth if ftse rallied during and post event.
It was my decision alone.Time will tell if is a smart move or not.But alas it was my decision only. I am a man with a plan.
Best of luck with your plan.
All the Georgey.
I expect that with your losses on consolidation of smoke and mirrors you would dearly love to revert back to your pre event position .
If you now had your previous numerical share position you would have gained the whole of post event growth in sp price.And more shares to qualify for future dividends.
Delusion is not a page in my book.
All the Georgey with your own delusions.
I f I had had a choice not to have any cash returned to me and kept all my shares I would be far better off. Mathematics of it says so.
More shares more divi cash, more shares more monetary value growth of my holding. Can't say anymore to make it easier to understand.
All the best.
I am referring to my holding and growth. Think about the chicken and eggs scenario I used .If a share rises by 20p, a holding of 100 shares will achieve a larger growth in value than a holding of 75 shares .
My original 100% holding would have realised more growth and would have more monetary value with the recent rise in sp than my post consolidation position.The higher Aviva sp rises the more of the cash value of my holding is lost.
Best of luck.