Director buys and AGM approval of dividend, nice to see this and ASW gaining recently. 2014 earnings are expected to be higher than 2012 according to Edisons recent note
5 Nov '13
Of interest for anyone looking to build a stake prior to ex-divident date 8th January 2014. "A final dividend of 1.925p per share (2012: 1.735p) has been proposed. This has not been accrued. The interim dividend was 0.625p per share (2012: 0.565p), making a total for the year of 2.55p per share (2012: 2.30p). The final dividend, if approved at the AGM on the 21 January 2014, will be paid on 7 February 2014 to all shareholders on the Register of Members as at 10 January 2014. The ex-dividend date for the shares is 8 January 2014."
Yes that's how I read it. Edison released a note explaining the past year's events. Looks relatively cheap considering revenue is expected to jump from £96m to £102m with pre-tax profits rising from £7.7m to £9.8m. Accounting issues at its Bite subsidiary wiped out c £1.6m apparently. Net debt down by £0.8m to £1.8m in the past year.
5 Nov '13
Not so bleak after all think the big fall was over reaction as the RNS proves they still made money while having a changing year. Happy with that.
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