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Exactly Wilko, seen this so may times II's want to get the shares as cheap as possible, they'll drag it down as much as possible, then pump in unexpected. Just games.
Games games games. We know this will rise substantially before 31st May. Don't be fooled into selling cheap. I've just bought a few more!
It’s very disheartening…. I really hope today is a just a little blip and we don’t start going back to 1.00 … but if we do I’m topping up
What a waste of f-----g time this is.
I find that's true with declining shares, but not growing companies or undervalued shares. Take your pick - I will stick with it, take the div and look forward to the next one.
A lot of people in mng and lgen are selling before x dividend and banking profits because we know how awful the UK market really is.
Take mng it was 234 on day before x dividend 27th march, then 13p dividend reduced on x dividend day to 220 on 28th March, it's now 198.
So given the high yield , people are now starting to accumulate again at much lower prices before the inevitable rise back at some point before x dividend again. Then rinse and repeat.
The market makers in this country make it hardly worth buying and holding these days.
The usual drag is impacting this share - it should be well over 110p today. The big difference this time round is the dividend and xd date on 31st May! The game players can't really beat that new and huge help in driving the price to a more sensible place.
Nice. Roughly 7% dividend here for you in that case I think? Either way, it sounds like you have a solid and considered strategy.
Yes very true about playing it how we feel… it’s my largest holding … average at 60… and I ain’t selling one share until end of FY25 when they’ve had a full year of trading history with their polished website, partnerships in the Middle East and a change to act on what they describe as their “progressive dividend policy “…. My second liar gets holding in Nvidia and I ain’t selling a dollar of that either. I’ve been burnt too many times exiting early. But who knows eh… notes to more big sells of 175k each today … makes me wonder if my strategy is correct but it is what it is.
That is simple: they either think this has topped, or need the cash for something else, or are realigning their p/f as part of a risk management strategy.
I have done the latter many times in a stock I remain bullish on, when I feel I am overweight in it, for example.
Sure, it can be annoying sometimes when you see 'lost' profits when the SP continues to rise, but not as annoying as seeing larger profits vanish in a market sell off, or something else unforeseen that can change the bullish narrative.
If I had bought in the 90's, I probably would not be selling or trimming just yet.
If I had bought in the 50's or so? You bet I would! While leaving a decent slug to run from here.
But we all have to play the cards as we see them. GLA.
Bought this after the last trading update as the share price fall appeared to be an unfair over reaction . The reinstatement of the dividend and positive forward guidance only reafirms this. As others have said, we should over the coming months see a rerate of the share price and in the meantime I will add on any weakness.
Agreed Bhaveen, but everyone has different perspective and objectives, so I wouldn't worry too much about there being willing sellers of what appears to most LTH's to be a rock solid investment to hold for income and growth.
If someone has bought in the low 90's only a couple of weeks ago, then sold at around 111 yesterday, they will think (rightly) that they have done well.
The difference is that they will now move on to their next short term investment, will LTHs' sit it out for what we believe to be the real prize which will only become fully apparent in 6-12 months from now.
Meantime, I'm happy to enjoy the inevitable slow but steady ride upwards as this company continues to develop and grow, and I also look forward to receiving a nice chunky dividend in June, plus the promise of reinstatement of interims which would normally be payable around December.
I would love to get into the mind of a seller on this… you’ve got something about to pay you over 4 percent yield (for some more depending on buy price) and you’ve got a great foundation, increased online and the company have already said they are on track for growth this year with record mothers days sales so a great chance of share price appreciation… so why sell now? At least get the divi and H1 trading out of the way …. I just don’t get it
Just now it went from 107.65 straight to 109, yet barely any trades, under 20,000 shares. How's that work? II's building?
Oh man on the face of its great value still and I’m ready to. It more… but with this one you just don’t know what will happen now results have been digested… we’ve never fared well after results … let’s see what today brings!
If Teleios did sell into these results, how long before they'd have to issue a filing on that?
Id allow a bit more time than that for the trade to have cleared ... Also you have to factor in a potential rise in share price on the run up to ex divi day may well cost you more than the divi you receive. You may earn more buying now hoping for a nice rise and selling prior to ex divi day. Thats the gamble you can also take. So If you thinks its good value now then buy now, dont wait.
Got it, so you can buy now and get the divi, however the likelihood of it dropping by the same amount of the divi then just counteracts it. So counter entutive, however the prospect of long term hold then makes it much more viable.?
Thanks Neil, appreciated
Buy the shares before the 30 May (day before the ex dividend date) and the divi is all yours.
However, be prepared that the price will probably drop by at least the amount of the dividend on the 31st May, so buying your first tranche purely for the dividend is likely to to end in dissapointment.
And, with the market cap being closer yet to FTSE 350 territory the passive funds will need to take notice. This could easily push the sp up 10 - 20p.
Not quite, but I think we all know what you mean. The 4.5p is the dividend for the whole of FY24 so is about 4% currently. The interim will be included as part of the div for FY25 so hopefully will be 2 - 2.5p payable late 2024 with a final div payable about next June (2025). Hopefully about 4p so total of 6 - 6.5p for FY25. Maybe a bit more. If company is growing and still paying a 4 - 6% div yield then there is ample room for share price being 150p plus. Happy days!
Evening guys. I’m mainly just a gambler, though I know a good company when I see one, and gets the basics, also from Shaky Wakey! Originally bought at 40p, sold, and got back in at 91p about a month ago.
Could someone explain to me as a dummy on this….but how do dividends work in terms of, do you have to had the shares for a certain amount of time before eligible etc?
Or can anyone just jump on now, buy, and be eligible?
Very happy with CARD 2024 Results and the 4.5p dividend is the Icing on the cake !
Given trading continues to be good we should be looking at an interim dividend later in the year which should result in a 5-6% dividend yield.
Add in further CARD share appreciation and this is an Investment “NoBrainer”
Send CARDS to everyone you Know !
Bye Bye MOON
BUY BUY CARD !
Found Stockopedia much better than IC which went really downhill around time of covid lockdowns, with it developing a political agenda publishing bizarre articles for an investment magazine such as why the BBC should be publically funded, recommending speculative hydrogen companies near their highs and how BP and Shell were outright sells even near their lows due to net zero, no future need for oil and stranded assets. Became very patronising to subscribers as well describing segments as Education.
Paul Scott on it reckons good value , possibly worth 130 to 150p. Added small amount today as with the resumption of dividends, hopefully erratic shareprice movements are in the past.