Member Info for Trouts

There was some news out yesterday about a US contract - "The United States Army awards Ricardo over 18.9million USD towards the life-saving Antilock Brake System/Electronic Stability Control (ABS/ESC) retrofit kit."
https://www.businesswire.com/news/home/20220629005571/en/

"Deutsche Bank cuts Direct Line target to 290 (300) pence - 'hold'"
Lol! If I identified a share I thought was nearly 40% below my target price, I think I'd call that a buy, not a hold. Clowns.

Hi Giraffe - Have a look at this website (you get a limited number of views for free). The sections on valuation and financial health are particularly interesting for Redrow!
https://simplywall.st/stocks/gb/consumer-durables/lse-rdw/redrow-shares

Q2 update on the 28th... Fingers crossed that not only has trading been good but that forecasts are maintained or increased.

Down she goes! 5% after 5 minutes... Did I misread something?

All great news and all projects that are guaranteed to continue regardless of economic fallout from a recession. This share is one of my safe bets for the coming turmoil in the UK and World economy.

... and here are those numbers in graphic form:
https://simplywall.st/stocks/gb/retail/aim-bwng/n-brown-group-shares#past

Have a look here for some useful insights. I agree, it's carrying a chunk of debt, but seems to use it pretty well!
https://simplywall.st/stocks/gb/insurance/lse-lgen/legal-general-group-shares#health

I agree. If nothing else this has proven to be great PR, waking the market up to the fact IQE even exists! All that spare space could be put to some good use and governments around the world are waking up to the fact that dependence on China for all of their semiconductors is not wise and they are keen to encourage some home industry. Any bit of "encouragement" could help.

Hmmm... The RNS is a pretty uninspiring piece. It seems to be saying "More of the same, hopefully". The previous revision to forecasts did the damage and this latest update hasn't got anything to reverse it. Ah well, back to sleep for the management team.

Read today's RNS, there is info in there about how to register or how to get the info afterwards.

Lol, I agree Barcap's timing was impeccable. He stated his position, target and close out in real time, without the benefit of hindsight. I do not think it is gloating at all! Nice job.

Enough of this incoherent ranting... I think that's a block!

120p is Barcap's magic short target. He makes a point of saying that's not an entry point though!

Ooops! Spoke too soon?

Hi Nick, I agree with your idea of not "auto-reinvesting" dividends. There is often a bump in price on the day this happens as all that money gets put into the shares. Better to take a look at all your holdings and top up something else, or as you say accumulate the divis and take up a new position.

Getting back to the matter in hand... pretty low volume here today. I would much prefer a steady drift upwards, more to pee the MMs off if nothing else.

Ah, the US media are a slightly different story. Fox news is like a comedy channel!

You are unlikely to get 12% initially, but if you are looking at "real yield" on your 100k, you could get there over time. Ideally, if you drip feed it into the market at times of market stress, you will get capital growth as prices recover. The stated yield of 4% is a much healthier 8% real yield if you bought when the shares were half the price. Right now and the coming months are clearly shaping up to be just such a period of market stress and there are some bargains to be had. Still, we may not have reached the bottom yet, which is where topping up to reduce your average price will help. I'm no expert and not seeking to give advice, but just imparting my own experiences. Good Luck!

Regarding the western media, of course we understand it can be subject to a certain slant or spin (or "editorialised"... ugly word!). The difference is that if a journalist gets a sniff of a big story involving government cover ups, lies, scandals etc. you can bet your last cent that it will be followed up and get published! A free press doesn't mean you get absolute fact and honesty from each outlet, but it does mean that the establishment don't get to set the entre agenda and have everything their own way. Much as I moan about the British press, I'm sure glad they are not just printing the party line or fearing for their lives.