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What do you mean by 3%?
3%?
Interim divi should be around 0.364p
No offence taken ggplyr, I've emailed myself before for confirmation of something other people have said. There are a lot of people who do make things up for their own personal gain. I'm just not one of them. If anything I'm pleased you emailed them and found out for yourself instead of just accusing me of lying like other people did.
Personally I've never seen the point in the December update anyway when the actual results are only 1 month later.
"....As such, we have decided to wait until the interim results are ready which are only a few weeks away in in mid-Jan.
At that point we’ll also be reiterating our progressive dividend policy and proposing an interim dividend.
I hope that all makes sense but, as ever, if there’s any further points of clarity you require just let me know."
oh sorry, it was mentioned... but not a value.
yup
Did he mention what the dividend will be?
I didn't believe Steve (no offence Steve) so I emailed the CFO, he has advised there is no trading update... there will be interim results in January.
Email them yourself if you don't believe it.
I'd love it if I was misinformed and we got one today though.
I have no influence on what is and isn't released.
You really need to learn the difference between a trading update, and the actual results. I've never said there won't be results, I did say that there won't be an update this month, but the results will be released as normal next month. It really isn't that complicated.
At least now I've learned that anything else I get told I'll keep away from this board.
Now I’m really confused ?? At 8.34 on Monday you stated that you’d been told that there wouldn’t be a trading update, now you’re saying you didn’t say it ? But I thought you’d heard it from the CEO ???
Also, they don’t need to pay the dividend out of profits, they now have a loan-note to stick a plaster over any immediate problems.
When Macro events like elections are happening, I pay even more attention to my stocks, not less.
Sir, Your choice of words and phrasing leads me to believe that you have a direct influence on what is and isn’t announced, is that correct ?
No one has mentioned that there wouldn't be interim results, they will be out as usual.
It depends on your interpretation of a large position, I've got 75k shares so it's a large position for me, but not enough that I couldn't sell them all straight away if I needed.
I wish I didn't say anything now, I thought it would put people's mind at rest when we didn't get the update. I'm not worried at all, as far as I'm concerned if there was a problem then they wouldn't be recommending a dividend.
The more I think about it the more I worry. Time to exit tommorrow. Small companies like this normally break the pattern when something has really gone wrong. Profit warning in the offing?
Takes time to unwind a large position
Indeed, a reason to sell in itself.
So, let me get this right. The CEO has disclosed to an individual that there will no interim results due to an election ? Sounds more like a corner shop than a plc.
I do have a largish position, but if I was worried then I'd just not say anything and sell them.
Maybe the delay is because they are working through bad news, you are worried and have a large position and are trying to delay others with doubts from exiting while you do. Who knows.
Saying trading is in line with expectations is a perfectly normal and regular trading update. Macro events can't possibly be a factor for delay. Other companies are updating all over the shop. Smells fishy to me.
I agree that people make up all sorts on these boards, but I genuinely have no idea what the benefit would be for me to make it up, it's not really good or bad information, it's just information.
Ian Smith. I asked about the dividend, I wasn't sure I'd get an answer, but if he didn't answer it then it would have concerned me as I wouldn't have thought he'd be able to say there isn't one. But I'm pretty sure he'll be allowed to confirm that the previously announced plans are still relevant, which is all he's really done.
People make up all sorts of crap on these board. Who told you that?
All those question marks were supposed to be laughing faces, I'm guessing it doesn't recognise them.
?????? Are you honestly saying I'm making it up? What benefit would I have for doing that?
How is it a breach of market sensitive information? We already know they are supposed to be doing an interim dividend so its not new information. It would only be a breach if they said something that wasn't already in the public domain. As we already know, the progressive dividend isn't new information.
I am genuinely interested in why you'd think I'd make it up though.
What a load of rubbish. So they just casually dropped in declaration of an interim dividend did they? Gosh that is a breach of releasing market sensitive information if ever I heard one.
Go try your luck somewhere else.