PS - I'm not selling...
Good news normally lasts all year... |
I'm smiling, I'm definitely smiling. |
I think not! |
We're all rich and its that blasted Keir Starmers fault in some horrible way... LOL
😀😀😀 |
not surprising that, after so Long in the doldrums, there seems to be a lot of profit taking at the mo. |
I've been shouting for a share buyback for ages so great news, and the market agrees 👍
spud |
Great news. I am now back to my purchase price back in March '23. This has to be worth much more now, surely?For the future, I am quite certain that the reshaping of the business will continue and I wouldn't be surprised to see an eventual offer from the Japanese once it has been completed.You read it here first. (Smile) |
thanks s34.... |
2+ year high @266.20p |
Blimey - I am rich...
I cant believe it..
This was my biggest holding by a long long long long way |
Another undervalued financial net ! Look at the bank share prices , Barclays Nat west ! All re rated Lloyds cbg missed out last year due to car loans . Cbg playing catch up now ! Lloyds to follow ! |
Chart resistance around this level, however a close sometime above 260p would indicate a test of 310p again, certainly has the fundamentals to get there imho
Gla |
So hit 260
Now down to 256 ish but quite volatile |
Agreed. Buybacks do not kill anything....
They simple accept that the FTSE is losing capital to
the USA tech giants and the FTSE therefore has to be smaller.
Buybacks are just listed companies facing reality.
The same thing happens to many US companies that are not in the
tech list. |
RE: #7543 - its already reached 259.8p within minutes of the open ! 😊 |
UP to 260p at present. |
Spot on wad! Well played, sir! |
A buyback simply isn't the silver bullet many believe it is.spud |
Just noticed this one
Meiji Yasuda intends to acquire a c. 5% shareholding in L&G, deepening the strong corporate relationship and bringing closer alignment of interest between the two companies.
Note 2 says this 5% will be gained through market purchases so that takes the 7% out with the BB and another 5% out as a new LTH
It also values US PRT at £9Bn v £14B total market cap so.......that may help light a fire.
Who knows. |
Too optimistic wad. But let's see! |
I’m not sure, once Aviva started down the route of actually being active with their capital and business, Institutional investors flowed in from around the world . This seems very positive AND keeps the eyes on the PRT, which is the cake. That 40% return just got a lot more certain. |
I'm guessing about 10% rise in share price today; 263p close? Or is that too optimistic? |
Meji Yasuda to acquire a 5% stake in L&G via market purchases in addition to the share buyback should also underpin the share price. |
Am I right in thinking that under the old chap before Simoes the intention was to increase the dividend by at least 5% every year and when he Simoes landed he dropped that objective and was looking for only a 2% increase hence the disappointing share price performance in comparison to Aviva.
This latest news might go some way to redress the imbalance
IMHO |
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