Brightside Group Share Discussion Threads

[oldtown] 27/1/2003 11:02

Back down towards the 130 target she goes!

[ukneonboy] 23/1/2003 11:41

Hmmmm, not sure about that one, Friends Prov has a superior track record and is probably bigger than Britannic, might take a whale to swallow the big fish.

Hope you are right MCFCtrader coz I got a few F/P when they demutualised (shame my F/P pension plan is now down 50% since the float, but some of that is the market fall, of course)

[mcfctrader] 22/1/2003 15:57

Any bid will be aimed at FP.

[ukneonboy] 22/1/2003 14:35

Hope not too many people followed me into this one at around 300p, because the cancellation of dividends has spiked my guns.

Without a bid or a massive turnaround in sentiment BRT is a very lame dog


(SORRY)

[johndee] 21/1/2003 10:28

One institution is buying big into this.

[oldtown] 17/1/2003 10:12

John, considering Brit has been openly trying to sell itself for the last two years who would you see taking them over at this time?
I see Royal London taking them in the future but not untill the sector finds some recovery,and that could be a couple of years away.By that time I would expect another brt Profit warning to slaughter the price yet again.
Oldtown

[johndee] 16/1/2003 14:14

Takeover target. Lots of buying today.
Small price rise.

[l2e] 16/1/2003 07:27

good morning....these guys need to bounce from this depresed level to get investor interest again.....all the best

[mcfctrader] 16/1/2003 00:25

oldtown:

I am not short player. BRT could well see 130p or even lower. I am confident it will return at least 200p eventually. I did state earlier that I could not see a recovery to 300p.

[wole] 15/1/2003 15:06

It's still rocking at TWT...

[johndee] 15/1/2003 13:23

The writing was on the wall for this company in 1999 when its shares were at its peak. They were spending too much and mis-treating their staff. That is a major reason why they are having problems today.

[johndee] 15/1/2003 10:47

There was a dividend paid Oct 2002. There won't be one in May 2003 but as I understand nothing final has been stated about May 2004.

As you stated that means no dividend for the whole of 2003(when it is actually paid).

[oldtown] 15/1/2003 10:34

Johndee, there is no dividend! Brit have already said that they will not pay out a dividend this year.They have also set out a basis for any future dividend, in this atatement the company said that as long as the stockmarket growth averaged 7% for the next two years then a dividend may be payable.
When and IF a dividend is paid in two to three years time it would be very hard to see the board recommend a 10% dividend.
This may hold hope as a recovery stock to the very optimistic but as a value dividend stock its a no stater!

mcfctrader
The share continues to follow its trend down and its hard to see just what will hold it up.looking at the three year chart I see that brit has sharp falls consistanly and always never recovers ground after the falls.I do not see the £3.00 and expect to see £1.30 in the next few weeks.
Oldtown

[johndee] 15/1/2003 10:13

If the dividend was down to 10 pence a share a year this would be very good yield. Over 6.5%.

[johndee] 15/1/2003 09:57

I have a feeling that the large trades may have been buys. At around 8.45am you could not get £1.52 for even a small sell. The normal price for a buy though was £1.55 so it seems strange for a mid-price of £1.52 at those volumes.

[johndee] 15/1/2003 09:27

Good time to get back in now.

[oldtown] 15/1/2003 00:10

The three year trend is down!, good luck if you are long but this thread is peppered with recovery tips all the way down from £12.00 to your tip at £1.70.
This share could be £1.30 in the next few weeks imo.
Oldtown

[mcfctrader] 14/1/2003 13:34

I agree the trend is down. But BRT are about 30-40% below the 3 year downward trend at the moment.

[mcfctrader] 14/1/2003 11:33

Trend down? Following the 3 year trend, this stock could be over 300p by middle of the year once the recent over reaction has been removed. I cannot see a recovery to 300p being possible, but if you want to talk chart trends 300p is where BRT could be.

[oldtown] 14/1/2003 09:55

New low reached today,it continues to follow its trend and chart down.

[amsgjh] 13/1/2003 11:51

embedded value = retained capital + expected profit of existing business

goldmans have said at 170p brt stands at 40% discount to a prudent embedded value calculation.

given this and its prudent bonus declaration (ie nothing), brt stands in good stead going through this year.

this stock will go higher imo.

[mcfctrader] 10/1/2003 18:27

polskishop is a comic!

BRT will rally.

50% reduction was an over reaction. Other Pension stocks are fairly valued at 50% of their Jan 2002 value. (Except RSA).

BRT is currently selling at little over 20% of its Jan 2002 value.

200p by the end of January.

[l2e] 10/1/2003 07:20

on credit watch.....ouch...cant surely fasll further can it?.....then again look at rsa.....

[jennie8] 09/1/2003 17:22

50p is what L2 looks like

[hillbrown] 09/1/2003 10:21

An L2 subscription will answer yr question.