Register
Login:
Share:
Email Facebook Twitter


EXCLUSIVE: Petro Matad announce fully funded 4 well Mongolia campaign
#AST: Board changes and new strategy for Ascent as Hutchinson looks at new projects




Share Price Information for Duke Royalty (DUKE)


Share Price: 41.80Bid: 41.60Ask: 42.00Change: 0.00 (0.00%)No Movement on Duke Royalty
Spread: 0.40Spread as %: 0.96%Open: 41.80High: 41.80Low: 41.80Yesterday’s Close: 41.80

Duke Royalty Limited Ords Npv

Duke Royalty is part of the Financials sector






Share Price SpacerPrice
41.80
Share Price SpacerBid
41.60
Share Price SpacerAsk
42.00
Share Price SpacerChange
0%0.00
Share Price SpacerVolume
8,983
Share Price SpacerOpen
41.80
Share Price SpacerHigh
41.80
Share Price SpacerLow
41.80
Share Price SpacerClose
41.80
Share Price SpacerCurrency
GBX


Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GG 199.87m £83.55m 1,500

52 Week High 49.00 52 Week High Date 16-JUL-2018
52 Week Low 38.00 52 Week Low Date 20-APR-2018

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
7 1,427 6,473 -30.290 -1.38 1.00 2.39


London South East Users info for Duke Royalty




Date
Time
Trade Prc
Volume
Buy/Sell
Bid
Ask
Value
 

22-Jan-19
16:01:28
41.80
716
Sell* 
41.60
42.00
299.29
Trade Type:
Ordinary

22-Jan-19
15:40:07
41.80
367
Sell* 
41.60
42.00
153.41
Trade Type:
Ordinary

22-Jan-19
10:00:54
41.84
473
Buy* 
41.60
42.00
197.90
Trade Type:
Ordinary




View more Duke Royalty trades >>

Directors Deals for Duke Royalty (DUKE)
Trade DateActionNotifierPriceCurrencyAmountHolding
06-Oct-17Buy
Trade Notifier Information for Duke Royalty Limited
Neil A Johnson held the position of CEO at Duke Royalty Limited at the time of this trade.
 Neil A Johnson
40GBX100,0001260000
06-Oct-17Buy
Trade Notifier Information for Duke Royalty Limited
Charles Cannon-Brookes held the position of Executive Director at Duke Royalty Limited at the time of this trade.
 Charles Cannon-Brookes
38.88GBX191,4841600000
02-Feb-16Buy
Trade Notifier Information for Duke Royalty Limited
Charles Cannon-Brookes held the position of Executive Director at Duke Royalty Limited at the time of this trade.
 Charles Cannon-Brookes
46.13GBX35,000453517
View more Duke Royalty directors dealings >>


Otherwys
Posts: 171
Opinion:No Opinion
Price:49.55
RE: hold or buy
16 Jul '18
Hi Razormac,

Their business model is pretty much as follows:
1. Raise money in the market;
2. Invest money in royalties;
3. Raise dividend;
4. Watch share price rise to contain yield;
5. Raise more money in the market (at a higher price given share price increase, therefore reduced dilution per £ raised)
6. Repeat as long as they can find suitable things to invest in...

Given the size of the US Royalty market, and the fact DUKE is first mover in Europe, there is a very long way to go before this train stops moving. This share is pure gold - rising dividends and capital growth.

I love the quote in the most recent RNS about raising the dividend once this new tranche of money is invested; think it says something about "approaching double digit yield". If you assume they're basing that on placing price of 44p, they're talking about hitting an annual dividend of probably 4p within 12m. The current dividend is 2.8p. If the share price reacts to contain yield to even 6%, a 4p annual dividend would equate to a share price of 66p.

What can go wrong? They are diversifying (geographically and by segments they invest in); so as they grow any risks reduce, but if one of their investee companies fails, they'd lose a proportion of their income; and if there's a recession or other event affecting multiple companies, their income may suffer too.

I love this share, I am heavily invested, and likely to buy more on any dips, but as always, DYOR!
Otherwys
razormac
Posts: 121
Opinion:No Opinion
Price:49.55
hold or buy
16 Jul '18
anyone any ideas of what should be future growth rate for this company .i think it could be a good long term buy as they pay dividends and share price is growing very slowly but steadily .,but im still not sure about them .
leas
Posts: 5,140
Opinion:No Opinion
Price:42.50
Anyone
28 Apr '18
with experience in this type of financing. Been looking at this company since reading an article in the Daily Mail. This seems unique to North America and has been slightly restructured for the Europeans. The yield is currently 6% or thereabouts and their 'partners' seem to be well established businesses going through a period of growth.
Dilution is obviously the downside but the cash raised goes back into the business with additional partner(s)
Free float is small which should prevent the usual wild sp fluctuations and MC increase potential going forward.
Seems quite a niche market for now....
PlayoffSunday
Posts: 59
Opinion:No Opinion
Price:39.50
Evening standard tip!
8 Jan '18
Jim Armitage has put this up as a buy. Very interesting model indeed.
Otherwys
Posts: 171
Opinion:Strong Buy
Price:42.00
RNS - fundraising!
4 Dec '17
"
Duke Royalty Limited (AIM: DUKE), the royalty financing company, is pleased to announce a proposed conditional placing and subscription ("Fundraising") to raise at least �20 million, before expenses, by way of a Placing of New Shares at a price of 40 pence per share (the Issue Price) and a Subscription by certain overseas investors on the same terms. The net proceeds of the Fundraising will allow the Company, inter alia, to continue to finance its diversified pipeline of royalty financing opportunities.

Highlights

� Proposed Placing and Subscription to raise gross proceeds of at least �20 million

� Net proceeds to diversify portfolio of royalty investments and provide working capital

� Two new potential royalty partners in advanced stages of negotiation

� Additional proceeds to execute on new identified opportunities and/or follow on investments in existing royalty partners

� Following deployment of capital, Duke could have exposure to up to 6 underlying companies through four Royalty Partners

� Increased dividend yield expected following deployment of capital

� Issue price of 40p per share"

Excellent news, fundraising at minimal discount, targets for investment at very advanced stages of negotiation, returning >13% yield, and an expected dividend hike once completed. Not quite as I'd anticipated but very happy with this all the same.

Hope others join the party soon!
GLA
Otherwys
View more share chat for Duke Royalty (DUKE) >>







Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk











Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.