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They all look fine on their website
https://www.integrumcaregroup.co.uk/
5 out of 6 rated as 'Good' but Southdowns Nursing Home gets 'Overall: Requires improvement'
https://www.cqc.org.uk/location/1-120075209
As long as they care. for. elfderly. shareholders.......
Hopefully the reference in today’s RNS to the operation of six elderly care homes means that they are six care homes for elderly occupants rather than six elderly buildings.
Timing of RNS to coincide with ex-div day sees the SP go up.
GLA
Excellent RNS. Well done Duke!
I am Today.
Get in!!
Thanks Bazzaman - very useful to see the Fairmed exit is likely to generate IRR in the high teens. That was not clear to me from yesterdays's RNS.
Fabrikat exit at IRR 36% looks to be their 2nd highest exit IRR - see slide 14 of https://dukecapital.com/wp-content/uploads/2024/02/Duke-Investor-Deck-February-2024-vCirc.pdf
Fair enough. It’s already a high percentage, so concentrating on future growth seems sensible
We get a very special dividend every quarter I think they will leave it where it is and reinvest to generate higher returns
Thats a lot of recent cash generation, wonder if we will get a special or dividend increase.
It really isn't that difficult Duke say profit
Headline cash consideration of €11.4 million,
From 2021 RNS with initial investment
-- The EUR10 million royalty is a 30-year senior secured financing, with monthly payments commencing immediately in July 2021 on Duke's typical investment terms.
Today’s RNS could be clearer. Apart from the currency being denoted by a question mark, rather than a recognised symbol such SF, £, € or $, it gives the money received without stating what was paid and when it was paid. In short, it is an amateurish announcement that does not provide confidence in the management. Rather than saying that what will be received is at the upper end of expectations, why not give clear figures and let the market decide how good the return is without needing a trawl through historical records to work out what has happened?
Not surprised to see buys coming in this is a good piece of business for Duke and an ideal way for shareholders to take some cash off the table. This should add significantly to Duke's capital appreciation
Been again some hefty trades today, somebody just paid over the odds at 30.6p against an ask of 30p.
Strange goings on.
Fair point, but sometimes these things are just unfathomable....2 years on mb they convince themselves the future needs scale. As ever, time will tell. I am no guru, just very wary of equity raises.
That’s a link to the last accounts of UGG.
I don’t think that’s the case.
https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/frlkvtoygpnqhtvpmzxw_oex-rl1qtir2ksfrt12rbq/application-pdf?x-amz-algorithm=aws4-hmac-sha256&x-amz-credential=asiawrgbdbv3cwam3sod%2f20240304%2feu-west-2%2fs3%2faws4_request&x-amz-date=20240304t100029z&x-amz-expires=60&x-amz-security-token=iqojb3jpz2lux2vjehgacwv1lxdlc3qtmijhmeuciab4a%2b23dwie%2bs%2b9mclyetsj0l9tklzfjjw9ijbyfatraieama5ngtzurrcz74xs3a%2bqzfjacfngxlgiqjo6siruldwquwuicrafggw0ndkymjkwmzi4mjiidd0%2fctnttdvbnc5aiyqybto***aounsln1mnytlzdbdicnxu5scgke4uisr9xp5giifnzn8lay7sq0quyhyc0dr3d6%2bfhp5mr%2fnmhswgxf4dhwmditetytvfpq62hqv1k7akq5eaozkpxdhahsus4hy5ugmnycedmhm7ll6hxlyp6zl%2fpbcigjkkbshdjo11vzvsjiyoquo17ktwa0kzh93flauzlysb161ey3inxs6is1khhnpzppbhffaijksxnzw208skpdmdjl6rnzchky5ajuhou0i%2fcygakqv3pvr1o%2byrn8dgj3e6wjkamjexx%2f8ov7apegohxq%2fzuqx9jkcxgba2lznrjstx5erdf0qxgkzlu67qdc7wjwb7znp1a6unsegftoowujsaohqpqs7vpogdhsntwrxn7zjsidtvj6zpmwoxc04qyko%2f8ydncyzw0b0j%2fls8mjigmadsipho1sq6cqskpyz3t4di6bq43fgjmc%2fq70ytldsll%2f97vupibpfxjqtkyk1e4mtuonooag3ko6tdpb9esvcig1uh3vwe8cecmbf%2bmvso2s4elgcsgkhl30w0tkyk7oe47axyitgoqqj1stzzocjbnt2bfuhsby24tcrrqc5qd0vhputhe3szfxql7bdykwradaesyt4nrntmmpvyrftqg%2byraeyqiwbxsjkobnny9xdrhyscfasfhgz1sbrvk5j1eb0iimkbyteedwlmtdjbqiv9zgr4p2cn4b5w3qz5qrlyp7ngussv8ejezhkz4rqznm1e8awpoksfinm9ogu5qgtushm1kdrdhhiudpdizkq2o30ufodorl7o5yqueg8c7ef73yi5kxqgj8lgfathfrbezhor2t8ccwlu4ssthypclpflmbevvk4wgvcvrwy6sqh9jqwl8dpoh30v7gt97u2qxqkiwtigtpx2i7jtlas7635zhcmfce74lisjimctaz1zle9jghtks19qtzvj1ynb5hgwebqf%2bm1yqz9lup8rbl4kty7qj3isznsinkbhkyhotmbo%2f%2b8uoaos2z6qtfsr2srzymrccic7v6ct0fbngmwvtdcqpeowmakrthkl9xrztdlkpsc7qkdvktubcjzormdwusnin91rxmbzscmdzqc%3d&x-amz-signedheaders=host&response-content-disposition=inline%3bfilename%3d%22companies_house_document.pdf%22&x-amz-signature=eb6a18cbf1f1bffd310ac998596849973cf1235954b109bf6c2dcf719d02fdee
RNS today reads, in part, "Duke Capital Limited, a leading provider of hybrid capital solutions for SME business owners in Europe and North America, is pleased to announce it has increased its equity stake in United Glass Group ("UGG") from 30.0% to 73.8% through a £2.9 million secondary share purchase from existing shareholders."
This suggests to me that UGG have significant financial problems at the moment. Any other views?
Been waiting for sub 30p to get in.
Hi Genghis15,
The last raise was May22 at 35p do you think they will raise below this?
"The Company's Directors and their related parties have agreed to subscribe for 1,500,000 Placing Shares at the Issue Price."
This seems to hover between 30-35p with a 9% divi.Like the fundamentals of this company but cant see the excitement yet to invest here,but will watch & wait.
GLA
Not often they drop below 30p Chumba so well done.