You've never owned any US tech stocks then |
It's the FTSE Don't worry It'll be cheap |
you can now understand why peeps voted for bone spurs
the world is full of hybristically ignorant c..ts |
Typical UK equity markets Ended up buying back what I sold at the open Not usually a day trader |
Skimmed some at 257 and some from Bats to make up my ISA contribution for this year. Not far away now and who knows what tomorrow will bring. By seventy everything should be in there if I live that long and Rachael doesn’t wreck that as well. |
Have made half a top up and will shove in the rest if the gaps fills
Strange action today for sure, this was and is fantastic news |
Turning into a right damp squib of a day lol. |
Thanks - yep that’s my point £90m of operating profit… That’s a long way from profits available to distribution. Anyways. I , like many are probably fully maxed here for passive income, it’s safer today. |
& in time they may buy more of the company. |
I'm hoping this rise is short lived as I need to max out three isas in two months time with these shares and then leave it there for 10 years. |
As Gary1966 implied, its not as simple as some sort of windfall for investors and I doubt many pi’s have actually gone through the financials to see the net effect on earnings of selling a profitable part of the business. I certainly haven’t got the time to delve, so in the end just have to trust those in charge to make sensible strategic moves. |
To be honest, I hold SHED as well as WHR & BBOX and they all show a very similar chart over the period that you mention.
adejuk - let's hope so. |
Look at SHED. Finished its buyback 18 Dec. Then reversed its long downtrend and started to climb... |
hi skinny it is spineless but, as for lgen, they will grow a spine in the next week or so |
How spineless is the UK market? |
an analyst a man - usually - who is between 23/30 with a Russell degree and really smart they don't have a clue towards understanding a business as complicated as lGEN hardly any have forensic accounting or accounting background their first thought is 'will this analysis get me closer to being an MD?" this is not my opinion. I have it from a number of analysts who were patients most could be diagnosed as adhd and spectrum disorder [if you believe in that] |
If it was not for the news this would be down 10p now with the general UK mkt doing its usual |
Dope007,
It isn’t 30x earnings though as they aren’t just buying the US protection business for $2.3bln they are also getting 20% of the existing US PRT business. The protection business was due to make operating profit of $90m in 2024 per today’s RNS. In addition they will be losing 20% of the profit on the PRT business as well. |
I suspect that the MMs are now more than happy to take stock on the Book So as to supply Meiji Yasuda in the future. They would probably be happy to collect the divi too, to cover any carrying cost So worth them shaking the tree now after the big rise ....After all MY are looking to buy circa 300m shares |
I think rbc have a bit more work to do on their thoughts there. If the deal multiple is 30x, then 300m of surplus as stated is clearly wrong. Just continue to chill here, it’s only going one way. Also it makes little difference as so many people are here for the dividend |
I hate buybacks never experienced one that led to an increased share price |
Blow me down with a feather!
Put some on the book, to buy, at a fairly random price of 246.2p and, colour me shocked, I've just had the contract note in for the purchase. Didn't think it would hit this level given this morning's deal and the start we had-but that's the UK market for you.
It'll probably be down by the end of the day and I'll be regretting this top up :-(( |
At 30x earnings though!! |
At 30x earnings though!! |