Morgan Sindall Group plc’s Post

Should We Buy Shares Before or After a Bonus Issue? When a company announces bonus shares, many investors wonder: "Should I buy shares before or after the bonus?" Here’s a breakdown to help you decide! What Happens During a Bonus Issue? A bonus issue is when a company gives extra shares to existing shareholders for free, based on how many shares they already hold. After the bonus, the share price adjusts downward to reflect the increased number of shares, but the overall value of the investment remains the same. Example: Share price before bonus: ₹3,000 You buy 10 shares for ₹30,000. After a 1:1 bonus, you have 20 shares, and the price adjusts to ₹1,500. Total value = ₹30,000 (20 shares × ₹1,500). If you buy after the bonus, the share price is already adjusted to ₹1,500, so you can buy 20 shares for ₹30,000. The value of your investment is still ₹30,000. Key Considerations: No Difference in Value: Whether you invest before or after the bonus, the total value of your investment remains the same. Tax Implications: Bonus shares may be subject to capital gains tax when you sell, as your cost per share changes. If you buy after the bonus, you only deal with the lower purchase price. Liquidity and Price Adjustments: Bonus shares increase liquidity in the market, which could affect price movement. Some investors prefer to buy before the bonus for the psychological benefit of receiving extra shares. So, When Should You Buy? Before the Bonus: If you want to receive the bonus shares and increase the number of shares you hold without spending more. After the Bonus: If you prefer to buy at the adjusted lower price and avoid any confusion about adjusted costs or potential tax implications. Both options are good, but your decision should depend on your investment strategy and goals. #BonusShares #StockMarket #Investing #PersonalFinance #investing #reliance

The results are in 👀 Our Results for the Year Ending January 2024 have landed! Here are the headlines: 💸 NEXT Trading full price sales up +4.0% and total Group sales (including subsidiaries) up +5.9%. 💷 NEXT Group profit before tax £918m, up +5.0%. This is £3m ahead of the guidance of £915m given in January, largely due to better than expected clearance rates of Sale stock in January. 🛍 Over and above this, we made an exceptional gain (non-cash) on the Reiss acquisition of £109m. We have excluded this gain from our headline profit number. 📊 Underlying full price sales growth of +2.5% and total Group sales (including subsidiaries) +6.0%. 📈 NEXT Group profit guidance £960m, up +4.6%. 💸 Post-tax Earnings Per Share (EPS) is forecast to be 606.3p, up +4.8%. Read the full report here: https://bit.ly/3IMnAfv #results #businessnews #businessupdates #news

The company's consolidated Operating Revenues grew by 10.7% in ₹ 9,116 Mn on a YoY basis. The Company's Domestic business grew by 8.5% YoY to ₹ 8,279 Mn whereas, the International business saw a robust 38% growth and registered revenues of 836 Mn in Q1 FY25 Gross margins saw an improvement from 23.7% in Q1FY24 to 29.1% Q1FY25 EBITDA increased by 74.2% YoY to ₹ 1,051 Mn. EBITDA margin expanded by 420 bps YoY to 11.5% in Q1FY25 Profit After Tax grew by 85.9% YoY to ₹ 650 Mn in Q1 FY25. PAT margin stood at 7.1% vs 4.2% in Q1 FY24 EPS for Q1 FY25 stood at 10.81 as compared to 5.83 in Q1 FY24

Word of the Day Free Cash Flow Free Cash Flow (FCF) is the cash that a company has after paying its major expenses. Expenses include rent, salary, property taxes, and capital expenditures like planned long-term investments to start factories. Free Cash Flow is the money that can be distributed by the company as per their own choice. They can pay back their loans, announce dividends, buy back stocks, and plan new projects.

2023 was undeniably a tough year for corporate finance. Deal volumes dropped by about 40%, values took a hit, and the overall market slowed considerably. While 2024 has shown some signs of recovery, the first three quarters did not reach the industry's hoped-for level. However, based on our experience, we expect the last quarter of the year to see a flurry of deals enter the market. Many vendors have spent the year preparing for processes and showed their deals to select buyers over the summer, a lot of which are being finalised through pre-emptive bidders. This means we anticipate a surge in deal volumes throughout October as sellers push to complete transactions ahead of the looming October budget. For those who may miss that deadline, there's still a solid drive to close deals by the end of the tax year, which will keep activity high through the coming months. Personally, I am feeling optimistic about the rest of the year and beyond into 2025. There are plenty of buyers in the market, the UK economy is stabilising, and interest rates are continuing to decline. I'm confident that deals can and will be done in this environment. What are your views on the market? Are you experiencing a similar uptick in activity, or are there specific challenges you are facing? #CorporateFinance #MergersAndAcquisitions

$BETR - The company reported the previous year's revenue of 85.92 M. Net Loss for the year was (738.38 M) with loss before overhead, payroll, taxes, and interest of (216.51 M).. Upcoming quarterly report is scheduled for 15th of April 2024.: About 16.0% of the company shares are held by company insiders. The book value of Better Home was currently reported as 0.21. The company has Price/Earnings To Growth (PEG) ratio of 1.55. Better Home Finance recorded a loss per share of 1.0. The entity had not issued any dividends in recent years. https://lnkd.in/grY-emf3 #stocks #stocktwits #thematic_portfolio

In the second half of fiscal 2024, revenues rebounded by 9% to £514.7 million, and net income increased by 32% to £175.0 million. Annual revenue decreased by 3% to £987.3 million, while total operating costs rose by 6%. Strategic shifts and leadership changes were also significant. #OnlineTrading, #FinancialResults, #MarketRecovery, #LeadershipChanges, #StrategicInitiatives, #Forex, #Trading

Strong start Strong year outlook Strong innovation Strong partners Strong customer business outcome This is the result ✌️

A cash dividend is a payment made by a corporation to its shareholders, typically derived from its current earnings or accumulated profits. These dividends are usually distributed in cash on a regular basis, such as quarterly or annually, and are recorded in accounting by debiting retained earnings and crediting dividends payable upon declaration. When paid, the company debits dividends payable and credits cash, reflecting a decrease in both cash and equity without impacting the income statement. Cash dividends serve as a return on investment for shareholders and are reported in the financing activities section of the cash flow statement. #Accounting Knowledge.

Now Buy Backs will be taxed like dividend! Calculations attached (As given in Memo) Interesting question posed here: Will it be better for companies to buy back from the open market now? In the tender route, the seller is known and treated like a dividend. How will buying from the open market be treated ? Will that be more beneficial? #Sharemarket #Budget #Equityresearch