[What are you buying today?]

On 2/9/2024 at 2:16 PM, Paarslaars said:

Starter in XFAB

Interesting name. Do you have a quick pitch on the stock?

[Anyone in UK/London]

I live in London. 

I'm a relatively new member / not very active... but happy to meet up with some board members. 

Not 100% sure, but can probably do one of those days (15-17th of Oct)

[What are you buying today?]

[Is The Bottom Almost Here?]

BNB is a weird stock. 50% owned by Belgian gov, 50% by other shareholders.
 

IIRC Belgian gov gets a cut from the profit for "seigniorage". Shareholders have been complaining, suing for change, popping up at the AGM... but this is not run for the shareholders.

Has been trading at some silly P/E & P/B multiple. for a while. 

 

Dividend yield is determined not by their earnings, but by the return on the "statutory portfolio". Shareholders have been willing to put up with this as long as the dividend was there.

And now it's likely gone for the next x years. 

(I read about this stock in the past. Seems absurd that this exists as a publicly traded company where shareholders "should be happy with the nice dividend they get" and shut up)

[Board members rewarded by ROIC]

Don't follow the company, but saw WRK pop up on twitter with the addition of a ROIC component to LT compensation

https://twitter.com/thecashman22/status/1489270809403265032

[TIKR.com | Free Beta with Coverage of 50k+ Global Stocks]

16 hours ago, Garpy said:

Please go to app.tikr.com

This seems to fix it. I suppose I was going to some weird other url in the past. Feel silly for not figuring that one out myself

[TIKR.com | Free Beta with Coverage of 50k+ Global Stocks]

TIKR forces me to sign in again every time I close my browser. Is this by design? Anything I can do about it?