Member Info for WillLackster

So happy with a 6.98 bag!

My preferred option is not to get any dividends, but rather have RR pay down their debt completely - and only then payout maybe 20% of net profit, build a cash position for the next crisis ( China/Taiwan? etc ) and invest in R&D and emergent technologies/companies

Sad to see the SP dropping

Encouraged the sp is remaining above the placing price, and indeed has grown before the placing shares are available to the market.

My HL account has not updated with the new shares - yet in either my ISA or SIPP

Is the feeling this is a 2-3 year project to get back up to share price in the 40-50p range?

What to do - sitting on a decent gain - all in my ISA approx 35% do I sell and wait for a market correction or stick and wait....

Nothing about the offer/placing has turned up on my HL account - anyone else had anything yet?

Or do I need to call them?

Hopefully the process will turn up soon on the HL site on how to take part

Can I assume that HL will facilitate buying on this raise.... seems a no brainer to add some at a huge discount and sit on it for a few years

Topped up - only it has raised my average price to 215p....

9% yield - seriously what is not to love - as I get closer to retirement I would love it to be a quarterly payout but you can't have everything... unless this does a Direct Line which seems unlikely - this looks a safe bet for at least 5 years, unless of course Labour really fxck it up and/or Putin/Xi/Iran does somethng supremely stupid, then who knows.

Underwater here but have been slowly adding but this bond situation is a little concerning....

Hopefully not pop in a bad way

Sadly I think that SMR is now truely dead in the UK with a Liebour victory - I don't get the logic of a July election when there are some serious decisions on increasing our energy resilience, and SMR is surely a huge part but Starmer I don't think will go with it

Potash is approx £1000/tonne

Nitrogent fertiliser is approx £300-350/tonne at the moment

https://ahdb.org.uk/news/nitrogen-fertiliser-prices-fell-in-march-grain-market-daily

10m tonnes production at say £250/tonne thats £2.5billion revenue

Can't decide if I should sell now at a small profit and then buy back in after ex dividend dip which seems always to be more than the dividend and get more shares as a result....

I have noticed that L&G and others always seems to drop the day after HL's monthly purchases for its clients who have a standing order each month into SIPPS and ISA's. Its annoying ....

And have 4 bagged here..... might trim some as its not profit unless its in the bank

While it would have been nice to have received a dividend - I would much prefer RR to pay down ALL their debt and build a stronger balance sheet for the long term on the next years or so- debt is the bane of business.