Member Info for TTNY2013

Good writeup in city am

https://news.uk.cityam.com/story/2266347/content.html

If you was not aware one for your diary

Capita plc

Capita management provide an update on performance following the publication of the HY24 results which were released on 2 August.

Monday 23 September at 3.00 pm

https://www.capita.com

Https://www.tradingview.com/symbols/LSE-IAG/forecast/

1 year share price forecasts

25 analysts coverage

Low 170p

High 450p

Average 232p

Https://www.constructionenquirer.com/2024/08/21/costain-profits-double-to-17m-in-first-half/

https://www.fool.co.uk/2024/08/21/my-favourite-ftse-share-is-up-110-but-still-dirt-cheap-with-a-p-e-of-7-7/

3 analysts

Min 115p

High 135p

Average 121.5p

https://www.tradingview.com/symbols/LSE-COST/forecast/

Https://www.constructionenquirer.com/2024/08/21/costain-profits-double-to-17m-in-first-half/

Certainly been interesting SP Rise leading up to results.

Will good results and a strong outlook tip us over the 100p line again after just over 4 years absence.

Agree with your comments and take similar stance.

Furthermore, 19 analysts one year forecasts

Average 652p (47% increase)

Min 480p (8% increase)

Max 850p (92% increase)

https://www.tradingview.com/symbols/LSE-EZJ/forecast/

We have Costain's H1 results on Wed 21st August. It will be interesting to see progress and forward looking statements.

4 analysts covering.

High 104p, Average 94.8p, be interesting to see whether after H1 results enough to lift us permanently into the 90s and beyond, and start the rerating process.

Also, note that there is an H1 Results Investors Update meeting on 22nd Aug 2024 at 10:00am BST, which is interesting that it is one day after the results are announced according to Costain's investor relations Web site. Normally same day.

Please click on the button below to accept the meeting invitation.

IMHO Excellent Results.

Only thing extra I would ask is how Board intend to get SP to reflect these opportunities. Obviously, buy back programme and taking 12% of shares out cancelling them will further demonstrate the case. PE Ratio now already falling to 4 which is far too low and shows how undervalued these are!

Adrian Cox, CEO of Beazley, said:

"I am pleased to report a record first half profit of $728.9m. Expertise in underwriting and active risk selection are key drivers of this strong result, even as the rating environment is moderating. Property grew 25% in the first half, demonstrating the success of our strategy to grow in this increasingly specialist class, focusing on the US E&S market. We continue to innovate in cyber, launching one of the market's most comprehensive, integrated cyber security and insurance offerings with Full Spectrum Cyber and Beazley Security. When faced with the world's largest ever IT outage, Beazley's approach to underwriting cyber risk was tested and proved to be highly resilient. We see opportunities in the remainder of the year and are confident in delivering on our high single digit growth guidance. We are also pleased to confirm that we have improved our undiscounted combined ratio guidance for the full year to around 80%."

Beazley PLC Beazley plc results for period ended 30 June 2024

Source: RNS Regulatory News

RNS Number : 6353Z

Beazley PLC

08 August 2024

Press Release

Beazley delivers record first half year profit of $728.9m

Beazley plc results for period ended 30 June 2024

• Profit before tax increased to $728.9m (2023HY: $366.4m)

• Insurance written premiums increased to $3,123.3m (2023HY: $2,921.1m)

• Undiscounted combined ratio of 81% (2023HY: 88%)

• Discounted combined ratio of 77% (2023HY: 84%)

• Return on equity (annualised) of 28% (2023HY: 18%)

• Share buyback of up to $325m announced in March 2024 on track to complete by end of the year

• FY undiscounted COR guidance of around 80%

• FY premium growth of high single digits reiterated

Gg

According to Tipranks, the average 12-month price target for Beazley (BEZ) is 887.14p, with a high of 975.00p and a low of 770.00p, based on 7 Wall Street analysts' price targets from the last three months. This average price target represents a 38.83% change from the last price of 639.00p. Tipranks also gives Beazley PLC a consensus rating of "Strong Buy" based on 7 buy ratings, 0 hold ratings, and 0 sell ratings.

Share buyback in March 325m gbp will remove 12% of shares.

Beazley H1 results will be issued tomorrow. Be interesting to see whether revenues and profits continued growth continues.

Revenue - 3,003m to 5,442m over last 5 years (nearly doubled)

Profits - 234m to 1,026m over last 5 years (quarupled)

Shareprice sideways 600p

PE Ratio of 5

Share buyback in progress

Metro Bank confirms Sale of £2.5 billion Residential Mortgage Portfolio to NatWest Group PLC

What you must remember is the following Rights Issue in Sep 2021 to shore up balance sheet after covid. Good news was New Shares were issued then at 410p. Close to today's SP.

Results of Rights Issue

28 September 2021

easyJet plc ("easyJet" or the "Company") today announces that the 31 for 47 rights issue of 301,260,394 New Shares at 410 pence per New Share announced on 9 September 2021 (the "Rights Issue") closed for acceptances at 11:00 a.m. on 27 September 2021. The Company received valid acceptances in respect of 280,196,507 New Shares, representing approximately 93.0 per cent. of the total number of New Shares to be issued pursuant to the fully underwritten Rights Issue.

Based on the 3 analyst forecasts this still looks undervalued

Lowest SP forecast 160p which is 20% increase

Average SP forecast 176p which is 33% increase

Highest SP forecast 210p which is 58% increase

https://www.tradingview.com/symbols/LSE-IPF/forecast/

5 analysts forecasts 22p lowest, 30p average, 40p highest

https://www.tradingview.com/symbols/LSE-CPI/forecast/

All will be revealed on Wed 6th March FY results.

Also be great to get new CEO's first impressions and next steps especially opportunities automation and AI wise.

This has been suppressed for so long it is untrue. Feel this is ready to explode like Rolls Royce and as other stocks have eventually done. Maybe, this will now be Capita's turn.

I'm looking for initially 2 to 3 bagger at these prices, and mid to long term a 5 bagger plus!

What I do know from Capita's investor relations is that they do understand that now the company needs to really focus very much on delivering shareholder value.

I understand after the results have been announced over the coming months there will be investor days promoting the company. You need to be able to have the foundations in place to be able to do that so see this as good news.

Time will tell, if our long, long wait has finally been rewarded or we will here more jam tomorrow.

Think we see first resistance point of 23p being tested in next few days. Good positive update and I expect 23p will be a distant memory of the past.

Aimmaster and no fear. Your so obvious to everyone. Think we will finish the week higher.

I know quite a few who will be buying and adding this week.

Got real potential from here. Just for your info after restructuring Capita is now focused on increasing shareholder value as a priority. The March update will emphasis this point. That's why cost savings accelerated. Alfonso will give his initial thoughts in March update which will be followed by investment roadshows.