We would love to hear your thoughts about our site and services, please take our survey here.
They do not need to even ban it. All that is required is that stock lending becomes to expensive . I.E charge the borrowers a higher fee. What actually stinks inmho is that most people who invest into pension pots would be appalled if they realise that the very same institutions loan their invesments out to unscrupalous people who afre destroying decent companioes that they afre working for inmho
Question is what will this lot go after next.These idiots really do believe that they can double up on the opposition. I really do now believe that the current hmg together with the opposition are now foreign agents destroying the fabric of what is left of the uk inmho. dyor.
Link may be of some use to something.
https://www.thenational.scot/news/24169013.jeremy-hunt-scottish-oil-gas-big-losers-spring-budget/
I really do hope i am proved wrong,but the more i look at this under un blickered eyes the worse this is.
A Bod that only invested at the last resort
A ceo resigning before a new one is in place
A deal with a private equity company that was forced through and not adjusted after epl was applied.
Come on,,, what is this all about,
Inmv the company is in a sound place, but is caught into a trap of so called institutions together with larger players who short uk stocks such as this. Maybe if the government could actually addrese this and then UKplc will progress going forward.
Some one posted a valid point either on here or advfn which suggested that dividends should be paid quarterly. Excellent suggestion inmo so maybe the bod will look at this going forward. It will certainly sort the spiv brigade out inmho
For me the biggest question is how Serica will address hmg and the new hmg gvmt which inmv are determined to destroy north sea production.
As an investor and i assume there are others out there that have lost on paper a small fortune due to thier inconcevieble aproach with the so called windfall tax. Is this justified , maybe woke britain will say it is, but all i know is that we are creating a country where it is more benneficial to sell assets rather than acquie them as a whole. inmho.
fwiw still hold a few before i am lambasted.
Fwiw i i now feel this is a defunct share to hold , So have reduced accordingly.Who knows they may even find some spotty oik fresh out of Hull uni to take up the reigns of serica. Whatt did it for me was the idiotic resignation of the hmg puppy without a new ceo ready to take over the reigns. Very sad all round inmo, No doubt covid will be the exuese of their irrational thinking in terms of placating hmg both present and going forward. H...ii ittler. Litt;e britain were getting there
What do you feel will happen if rates reduce by say one percent during the next twelve months.I may be wrong , but at worse rates will remain the same inmv so the book value will eventually increase as these bonds mature and new ones are taken on.With the remaining bonds increasing in value if and when rates fall . inmo
Im working on the assumption that the dividend is going to end up about ten pence per year in total going forward. So inmv a dividend cut is innevitable. The big question now is will they bother to grow the company outside of the north sea. I am sure that i am not alone in not believing a word they say in terms of saying that they are looking overseas. Hopefully if this speel comes out of their mouths next week it is backed up by some firm evidence, Otherwise one may feel as an investor i am being duped. Not very good for a listed company inmv. Some may even say bordering on misleading. inmho
heres my take . *** of the packet stuff,if you ignore the pun.
uk currently has around sixk million cigerette smokers. around ten percent of population
about forteen million people are under the age of eighteen. so if you say ten percent of these could end up smokers. then you have one point four million. imperial together with another major controls about eighty per cent of the market. so loosly we could say that going forward they will loose about five hundred thousand of new smokers . there is of course the element of older smokers dying which is around thirty thousand per year if we work on the forty percent of market assumption. so all in inmv they should easily be able to absorb this. we then have future generation products that should also fill a gap. inmo
Let's hope that Phoenix do not seek advice from the Barclays Muppets going forward. I wouldn't be surprised if they are facilitating some kind of deal with a foreign entity. Where they either take this over or become a major shareholder. Inmo.
Dillyd
It's not so much corruption,but the whole UK market is geared up for shorters. You only have to look at where the FTSE index stands against the us for example. Our ethos has gone not only with investing,but within the working world inmv.
We are now a nation of can't do as opposed to can do. This has transpired into the investment world where large investors would rather sell than buy.
No wonder companies such as shell are anticipating leaving London for New York
Its probably written by some oik just out of uni.
These so called anaylists amaze me. The reason inmv is the constant fluctuation in gilt yields with our wonderful gvmnt bowing to the us once again in regards to interest rates. The sooner the eu and our woke gvnmt tell them that we are not their wipping boy the better inmo. Ohhh if only.
For me this is a good long term hold for the following reasons.
Interest rates will eventually fall which will add to the book value of the company.
They are also expanding in a subtle way in terms of a new invest pot backed by hmg. So I would not be surprised if we saw some material incentive,s from hmg in the future.
Just my thoughts fwiw