Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
What a kack-handed way of voting.
My broker - Jarvis - demand twenty quid for the privilige of forwarding my vote.
Twenty Quid. Scandalous! They won't get it.
What are other brokers charging?
H-L ? Barclays? etc?
Only now do we see the mistake of the last overly generous dividend payout.
Maybe I can vote on the BLVN website. (I doubt it, but we'll see)
This is a straw-clutch exercise by the directors if ever there was one -
and it looks like it won't be the last!
Oil Exec Todd Kozel Gets Five Years for Tax Crime ...
Bloomberg
https://www.bloomberg.com › news › articles › oil-ce...
todd kozel from www.bloomberg.com
26 Jan 2022 — Todd Kozel, 55, who founded and led London-based Gulf Keystone Petroleum Ltd., was accused in 2018 of concealing assets in a foreign trust ...
" extended the USD 5 million consideration owed from the sale of its interest in Casa Mining Ltd to
15 June 22 to allow additional time for Golden Square Equity Partners to progress the sale of Casa."
Anyone know if this dog still lives?
Forbes
‘Mass Panic’ Triggers $1 Trillion Crypto Price Crash And ‘Short Squeeze’ Warning As FTX’s FTT Goes Into Freefall—Dragging Down Bitcoin, Ethereum, BNB, XRP, Solana, Cardano and Dogecoin
Still hanging in here though.
Just waiting and waiting and waiting. patiently,
for some really POSITIVE NEWS since Brainspark's early days.
Arc Extends the USD5 million consideration owed from the sale of its interest in Casa Mining Ltd to 15 June 22 to allow additional time for Golden Square Equity Partners to progress the sale of Casa.
24 June, are GSE, I wonder, still fumbling the Casa sale?
Dixons Carphone is worth circa £1.2bn
It will receive £780m cash from mobile phone contracts in installments during 2021/2022. Currys has a bigger share of the electricals retail market in Britain and Ireland than Amazon at 26pc against 24pc and Dixons promises to match Amazon's prices. Online sales have been growing at 30% p.a.
Sales in the first five weeks of the first lockdown were 166% higher than in the same period 2020. Nordic sales contribute £115m in operating profits, or 40pc of the total, and are growing at about 10pc annually.
Maybe Curry's directors plan to list a stake of perhaps 25% in the Nordic business, valuing it at not much less than the whole of the group but the share
buyback program may preclude this.
In January 21 the company reiterated guidance that it would make a total of £1bn in free cash flow by the 2023-24 financial year, including the cash from the mobile phone contracts Temple Bar investment trust says the company should make earnings of 20p a share in 2022 At a pe ratio of 12 implying a share price of around 240p, against 101.7p in Jan 21 but currently, dog days first/
15 Nov Proactive investors Shares in most of the UK's big banks offer plenty of upside, according to broker Shore Capital, ranging from 7% at NatWest Group PLC (LSE:NWG) up to 47% for Standard Chartered PLC.
Following the sector's better than expected third-quarter results in recent weeks, which continued the recent trend of positive surprises on profits and capital, the broker upgraded its earnings forecasts on average by 14% for 2021, 4% for 2022 and 5% for 2023.
Virgin Money UK PLC (LSE:VMUK) was also upgraded to 'buy' from 'hold' following the recent pull-back in the shares.
ShoreCap's current order of preference, based on upside to its updated fair values, is Standard Chartered (462p price versus 680p as ShoreCap's fair value),
Barclays PLC (LSE:BARC) (195p to 285p), VMUK (171p to 230p),
HSBC PLC (LSE:HSBA) (434p to 545p),
Lloyds (49p to 59p)
NatWest in last (219p to 235p).
On average the upside to fair value across the sector is 30%.
Analyst Gary Greenwood said in a note to clients that the higher Bank of England base rates are set to drive margin expansion; that there are signs that the pressure on application spreads on new mortgage lending may be abating; that clients should ignore "noise" about the new IFRS 17 accounting standard as it will have no impact on lifetime profitability, cashflow or capital and hence valuation; and that his upgrades for this year reflected the further net provision releases during the period but trimmed those for 2023 to reflect increased risk associated with higher anticipated interest rates; costs esitmates have been lifted as banks reward employees with higher pay and bonuses, along with restructuring to adapt to changing customer behaviour.
As at 30 September 2021, the mainstream UK banks had surplus capital equivalent to circa 18% of their market cap when compared to management target ratios, which he said "means they are well positioned to fund growth and absorb regulatory headwinds while also ensuring sizeable distributions can be made to shareholders".
"We think a combination of a continued economic recovery and rising interest rates means that the holy grail of delivering sustainable double-digit RoTEs now looks more realistic than it has at any time since the financial crisis.
"We expect delivery to narrow the circa 30% discount to tangible net asset value that the sector is currently trading on."
Why all this totally irrelevant prattle?
What the hell is happening to FFR?
My God fuzzlightbeer, you got of relatively lightly!
Landau's RRL scam took me for three and a half K.
Then I found out that he had a reputation for being involved with folding companies
Viz:-
https://www.discussthemarket.com/company/bmz.lse/live-discussion/1/
https://www.clydeco.com/insight/article/australian-company-directors-caught-between-a-rock-and-a-hard-place
A cursury web trawl fails to determine any recent resolution.
Some one enlighten me if they have a result.
A web search on directors of Aim co's prior to investing should be mandatory.
Several Taptica Shareholders To Sell About 11% Of Company In Placing (ALLISS)
from Alliance News | 24th April 2019 11:47
finnCap Group PLC said Wednesday it has been appointed sole bookrunner by several large shareholders in Israeli mobile advertising technology company Taptica International Ltd to sell about 11% of the company's shares.
Shares in Taptica were down 8.7% at 146.10 pence each.
Eitan Epstein & Shirley Dahan Trust and Hagia Tal, on behalf of MTD PTE Ltd, and Ehud Levy, on behalf of Smart & Simple Ltd, intend to sell up to 14.3 million shares in Taptica, about 10.6% of Taptica's issued share capital.
The sole beneficial owner of MTD PTE is Hagai Tal and the sole beneficial owner of Smart & Simple is Ehud Levy.
The sellers have agreed to a block trade agreement. The pricing of the bookbuild will be decided later.
The disposal of the shares will be though a placing to institutional investors, other professional investors and the existing company share buyback.
Taptica will not receive any proceeds from the placing.
In February, Taptica agreed a GBP135 million takeover of peer RhythmOne in an all-share merger to create a combined company worth about GBP300 million.
By Paul McGowan; paulmcgowan@alliancenews.com