The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
General market turmoil. The UK economy is looking pretty ugly at the moment and isn't going to improve much in the next few months. Until then doom and gloom will prevail. There may be one big correction, or it may just dribble slowly downwards. Current corporate revenues and earnings will probably be ignored in favour of the big picture. Hopefully next year markets will start to see beyond the end of there nose and realise that quality businesses will still be around and making money!
You could be right goinguphigh, but I think 4500 is a little optimistic. Sadly, I think we are due a major market correction first in the next few months. I still like ULVR, but will be looking for a lot lower price to get in wants the carnage starts. 3200 would be ideal, but I'll settle for anything below 3400p. A climb back to 4500 after that is unlikely in what would be left of your 12 month timescale.
Great, on top of everything else, they're gonna dilute us!
The spread has come down a bit, but I got an alert from FT saying trading volume on RCDO exceeds daily average by 87%... and that was 4 hours ago! Something is happening.
This site is great for looking up details once the divvy is declared, plus looking at the history you can see roughly when one is due: https://dividenddata.co.uk/ex-dividend-date-search.py?searchTerm=VTY
https://dividenddata.co.uk/ex-dividend-date-search.py?searchTerm=LGEN
Oh, I agree. An annuity is a way for the industry to rip off the uninformed. I will certainly NOT be taking out an annuity when the time comes. I'll be using Uncrystallised Funds Pension Lump Sums (UFPLS) to take slices out of my SIPP and leave the rest invested. Quality companies with a reasonable dividend will outstrip an annuity every time, and yes... when you're gone the investments can be passed on, unlike an annuity which dies with you. If you're comfortable managing your own investments, you'd be a fool to hand over your money to an annuity provider.
Most SIPP providers will happily let you hold US shares in your account. You'll need to complete a W-8BEN (US tax) form to avoid being stung on taxes (your provider should have one online). It may be worth contacting them to see if they are making special arrangements for the transfer.
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/
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