Nice to see a tick up but as far as I see just sideways swing?? |
Last weeks buys at 100 pence lower not looking so bad today, a good day to be holding BATS/IMPS.. :o) |
The weak pound helping ftse 100 dollar earners. |
Dividend reinvestment coming 2nd May they go up, always happens, lol |
#Action, until late 2023 getting a 4/5% return on cash was not an option, so un-invested cash was not bringing in any dividends, now the tide has turned so it makes more sense to have a higher proportion of cash ready and waiting, each to their own weighting, 10% is sensible just in case any bargains come along, BATS coming off from 2900 to 2300 on the write down was just 1 of those events (IMO), buyback secured for 2024/2025, ITC holding reduced, debt reduction in progress, further divestments likely, resulting in more of the same..
PF results are of course measured over a FY, anything can happen.. :o) |
Sorry I mean recon AGM next week? |
Agree. But as a trader I like cash to reinvest when share price weakens ie in case of BATS 2900p to 2280p. Also I recommend there is AGM next week?May see some share price movement up or down. Be ready to pounce. |
#Monty, outside of gravity, compound interest is the most powerful force in the universe.. :o), 10/20/30 years of pulling power and the results are a thing of beauty..
Had a few more here last week, last batch next week and let it ride for a decade.. |
Cash is king, but dividend compounding eighth wonder of the world according to Einstein. |
I always take cash divi. Cash is king. |
I was take cash divi |
I will be happy if under 2300p on that date, for the dividend reinvestment. |
Divi due on 2nd of May |
Don't worry about shareprice unless your trading it. Buybacks until end of 2025 if I read it right, also tender offer to buyback 1 billion pounds of bonds. At this low price great for buybacks, last year would have cost a fiver a share more. |
Only another 5% drop since the resident Buy High and Sell Low expert Topazfrenzy was pumping this with tales of doubling. Now the rhetoric has changed to "Lets collect the divis".
I do laugh at he/she/its ability to get it wrong 100% of the time. |
How many years would have to go by before there was any material impact on tax revenues - stopping 16 then 17, then 18 year olds from legitimately buying cigarettes?
Even then to counteract they could just put up the tax by a % or so.
There is a much lower % of young people smoking so they are already a declining source of income compared to previous generations.
The way party politics is driven you can imagine the outgoing party would be happy to reduce the next 5 years tax take anyway so they can blame the new govt for having to raise taxes... |
#Kiwi2007, in NZ the law got repealed to fund tax cuts, the Gov could not balance its books without their duties and income..
Here in the UK duties/taxes bring in around GBP10BN a year for the exchequer, take that off the table and it has to come from elsewhere..
Bargains for under or around 2300 in March/April in the pot for the long term, a 10% compound return for 7 years owns your full holding for nothing and what it is worth at the end is the bonus, but at some point there will be consolidation in the sector IMB/BATS will undoubtedly be a big part of it.. |
Of course it won't come in here. Nanny state, don't gamble, don't drink, don't smoke, don't vape, don't eat it too much, drive electric cars only. |
I wanted to add a comment on the discussion in Parliament about banning smoking for people born after 2009. I talked to a colleague about the proposed ban (my colleague has some involvement on the law side). We discussed the impact on many facets of age, discrimination, equality, etc.
My colleague suggested that a few court cases will be brought on the aforementioned topics. With the outcome of the Government losing and probably the law change after a large payout.
Sometimes people lose perspective on what they trying to accomplish.
Also, common sense sometimes does prevail after a decision is made poorly. Wales reviewing the 20 mph limit nationally only to be used around schools, hospitals, and Nurseries.
Happy Investing |
I think you're correct about Mordaunt. Electable. The only potential exit strategy from obliteration. |
It won't happen, Sunak gone after local May elections wipe out.Morant will be next Tory PM, she was against it. That's the way I see it. |
Took my last few pounds and went in 2257 this morning was tempted to wait but can t ignore the dividend
Back on the top rail for me
Humpty Dumpty eat your heart out |
#Spawny100, what a world we are heading into, everything controlled, 20mph zones, CCTV, drive electric, do this, do that, earnings taxed to the hilt every which way, and not even allowed to spend whatever buttons are left over on what we chose to FGS..
Come the revolution citizens, sooner or later governments, monarchies, dictatorships all get thrown under the bus, there is a tipping point..! |