Member Info for Trouts

So, that attempt at returning value to shareholders was a riotous success! I'm sitting here on a 7.5% loss on my buy in price thinking I'd be better off elsewhere. Stupid of me to think there was value here. Break even looking quite tempting all things considered! Anyone got convincing arguments for a brighter future here?

31st. https://dividenddata.co.uk/ex-dividend-date-search.py?searchTerm=TRIG

Government is promising that planning applications for housing development near stations will receive a default "Yes".

https://www.theconstructionindex.co.uk/news/view/builders-speechless-at-automatic-approval-for-housing-by-stations

Just bought here at 108p. I already hold TRIG and figure that both will rise once the scribblers have run their slide rule over this deal. Will see how prices move as that will affect the terms of the deal and sell the TRIG shares if they reach a high enough value.

I'm in for a small-ish amount. Fall looks excessive and I'm hoping the gap gets closed pretty smartly. Looking for a quick 20% return and will then re-assess for the longer term. I've been in the before and only sold in 2023 to put the money in other, better opportunities. This now looks like a great opportunity.

Try this... https://archive.is/2BGhH

* Yawn *

I think the idea behind the triple lock was to gradually increase pensions as they were languishing behind Europe (increasing them in one go would have been VERY expensive). I think has worked pretty well, but I agree, the time has come to rein it in. Just out of curiosity, which of the two locks would you tie it to? I'm thinking CPI or 2.5%, given the volatility of wages (hence the bizarre outcomes over the pandemic period).

Hmm, to get back into the FTSE 250 the market cap would have to increase from the current £350m to around £556m (or around 96p per share). That's a big ask with the current NAV being 95.1p per share!

All valid points TheTrotsky, but without the massive transfers of wealth/income you describe, who will be buying the cars? Who will be ordering goods from Amazon to be picked and delivered by robots? The whole system requires the existence of a mass market of consumers flush with cash to exist. So yes, Universal Basic Income, to be funded by the spoils of automation (and the associated extraction of OUR Earth's natural resources).

That's an interesting way of putting it! It's very hard to tell with the background noise of general market movements. I've always envisaged it as a "sawtooth" pattern, dropping on XD and then slowly rising until the next one. In theory that "time value" is being accrued at a constant rate in the 6 month period and should reflect in the SP. The dream would be for that sawtooth pattern to be sloping slightly upwards over time, indicating a growing divi and SP over the years. Now wouldn't that be nice?

@ramjisohail - You can see a list of the biggest holders here: https://simplywall.st/stocks/gb/diversified-financials/lse-nesf/nextenergy-solar-fund-shares/ownership

It's been a while, but aren't there bed and breakfasting rules where a repurchase within 30 days means a gain hasn't been realised? I think it's purpose is to stop people artificially generating a capital loss in the year to carry forward, but logically it should apply to gains too I would have thought. I did a quick search and it instantly pointed me towards HMRC internal guidance documents which suggests this is not such a straightforward question to answer!

My understanding was that the UK State Pension had fallen way behind comparable nations and was well under the poverty line. So the triple lock was introduced to give an uplift to pensions, but spread over time and not all at once. This mechanism seems to have done its job admirably, but with the shift away from reliance on SRP to private pensions, maybe it has gone far enough. I think a straightforward inflation indexing could suffice for now.

Everybody wants better services but nobody wants to pay for it. With the biggest expenditures being Welfare (including SRP), NHS, Education, Defence and debt interest, we have got ourselves into a bit of a mess. Apart from tinkering at the edges of this or taking smaller bites out of lesser departments budgets, nobody has a serious plan to reduce spending. Anybody on welfare who isn't breaking the law is not living in luxury, trust me. Also I think we should be improving the NHS (I REALLY don't want to go down a US style insurance scam system), boosting Education and clearly Defence is currently a hot topic.

I think Labour should have been honest and increased higher and additional rates of income tax. Stop messing with business taxes (apart from clamping down on fake schemes to move "profits" abroad - Yes, you Starbucks). Additional levies on gambling, banking, oil and gas are tough to justify, especially when described as "windfall" taxes. That would imply a rebate should be due when things go the other way!

If they are serious about wanting to grow our way out of this situation, they have to let business do it's thing and stop moving the goalposts. It discourages investment in the UK and makes us look soooo desperate.

Rant over. This is probably not the place for serious political debate, but as a small business owner myself, making investment plans, forecasting, even budgeting 12 months ahead is nigh on impossible at the moment.

Words, words, words... Nikhil Rathi seems to be pleading with "the industry" to work with them and not challenge every little part of any redress scheme. There is one way of interpreting his words which would mean CBG's liability would be a big fat zero! If they ain't going retrospective, they followed the FCA rules and commissions were not excessive (he wants to apply a "de minimis" principle to exclude small amounts), then there would be nothing to pay. Obviously the definition of "excessive" will need clarifying. So is it just First Rand who were the naughty bank here (as highlighted by the SC ruling)? No idea how they get anywhere near £9bn on this description.

You can watch here... just wind back about 30 minutes to around 9:45 https://www.youtube.com/watch?v=iEpJwprxDdk

Watching it now...

I've finally given up and filtered Chid. I'm happy to read differing views but there comes a point where the mental gymnastics to accommodate some views are just too much! It's like Trumpian conspiracy theories mixed with Trussian stupidity.

I put 622p into Meconopsis poll... I thought I was being ridiculously optimistic, but now... could it?