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That’s because the transaction has not completed yet, if you look at the consensus figures in their website you can see when it’s expected.

I think you also need to realise that that M&G held a decent amount of stock in Direct Line, and pledged their support to the Aviva deal and made a good return on their investment, have a look at the Rns which confirms that, not sure if that means they will have made a nice off off gain from the takeover, which could boost results once the deal closes.

Great to see the chairman knighted, he’s an outstanding professional at the very top of his game and this will bring additional profile to M&G.

It does illogical with such a strong yield that the shares have not moved up over the last week in line with the FTSE. One of the best payers so surprised a lot more people don’t have this tucked away for the dividend return.

The announcement this evening that legislation will not now be introduced in this parliament should give a bounce tomorrow to Tobacco shares, this decision will mean at the earliest it will be another year to 18months away if at all especially if labour are elected.

Consensus is just the analysts thoughts and they never get the special dividend or the profit figures right, good jump in share price the last week so slowly recovering

Interested in your views as to whether there could be another special dividend. With 40% of attributable profits going to dividends and share buy backs you have earnings per share forecast of 43p and the buybacks are similar to the previous year and profits will be higher. So looks like there could well be scope to do this. If you consider the issues Nwg has had with a new chairman starting who has a history of igniting share prices and improving investor sentiment there looks like there will be cash available to distribute if they want to.

We could quickly see a run on deposits as customers move money that is over the £85k limit and with the internet a stampede effect that could quickly create a Svb type issue here, especially with the mood in the market. Businesses and individuals will just not want to expose themselves to the risk and with market cap so low, you could see an emerging scenario where they are acquired at the request of the Uk govt. dark days ahead I fear.

I 100% disagree she is a fantastic ceo and probably the best Nat west has had for a very long time. It looks to me that she was advised the account was being closed as a commercial decision and had not briefed fully on what had transpired. Farage had put everything in the public domain, and whilst she should not have commented it was an innocent mistake, and should be allowed to continue in the role. As a shareholder I have more confidence in Nat west regaining its full independence and the share price increasing as she executes the plan. The results I am sure will be impressive on Friday and that’s what should be ultimately judged on.

This is a great outcome for Ocado and the £200m settlement (paid over 2 years’ and the ability to use each others patents will be good for both businesses. This in turn should help boost the share price, and will slow the cash burn. Thx Value.

What I am struggling to understand here is that the 0.5% was taken on 8/7/22 when the share price was 235 ish, so now at 270 and has been north of 300 so they must be nursing a significant loss here. Hard to see the shares reversing to below 235 in the medium term. Am I missing something?

Guitarsolo the share buy backs are happening daily that’s what’s also been contributing the share price trend post results, you can see this in the Rns each morning.

Looks like Rose has knocked the ball out of the park with these h1 results. Nat West have announced an interim dividend of 3.5 pence per share and a special dividend of £1,750 million, effectively 20.3 per share. Very strong set of results and no surprises

Mike - Spot on the results should be excellent, with no surprises/fines and this should drive upward momentum in the stock. Interesting short position in the Bank, I think they have got it very wrong and hope to see them lose a lot of money. Good postthx

Gary It’s available on NatWest group website, here you go
https://kvgo.com/gs/natwest-june-2022

Superb presentation from Alison Rose at this conference well worth 30mins listening if you invest or are thinking of investing in NWG. Lots of great insight.

Interested in the views on the sale of 5.4bn euro loan book to Aib, and what that influx of capital will do. Are we heading for a special dividend, further buybacks or even greater govt buybacks? That business was losing money with no return on capital, so the sale will provide additional firepower to consider a number of options, all good for the share price I suspect. I agree Rose is an exceptional Banker and we are lucky to have her.

Marks & Spencer expected to confirm that joint food delivery venture with Ocado is meeting performance targets, triggering a payment of almost £200m. (Article in Sunday newspapers)

This will give a lot of confidence to possible external partners as Ocado ramps overseas and bodes well for Ocado share price. Nice to hear some good news for a change.

The US investor presentation shows growth in Cigars, stabilisation of cigarettes and a well thought out strategy that is delivering growth in this key market. Especially liked the use of technology for the front line sales team, the positioning of Winston at the Premium end. There is some very slick marketing underway here that gives me a lot of confidence in the growth strategy. Well worth a read the slide deck is impressive and paints a business well on it’s way to reigniting the growth investors want to see. Executing on the plan will be rewarded with improved investor returns, management seem to be overhauling the business at pace. Lovely to see

Rose has been transforming the Bank and even before the base rate rises, profits this year are expected to be good, and will only accelerate with rising interest rates. Awash with capital, and an imminent reduction expected in the government shareholding to below 50%, the shares will become a lot more attractive to institutional investors. I am hopeful now the pandemic is almost over and the bad debts have not materialised that there will be a return of a special dividend to shareholders in addition to the expected one, which coupled with a more positive longer term outlook will help drive the share price higher in the medium term.