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Buying into a Sub Saharan lender looks a great move, Tanzania alone is business friendly and has all the raw materials and attitude to grow fast, hopefully with cooperation at Board level this should prove very profitable. That Divi gives a real morale boost each time we get it!
Youve answered your own question. It is now ex the dividend i.e. less the dividend
Hi, I believe the ex-div date is today, does that mean if I buy in today I've missed the div or is it the last day I can buy to catch it?
market goes down. This share goes up,still paying over 8% divi, what r u waiting 4
this company pays a Quarterly dividend at the rate of 8.75% annually. so get yourself in, on the pound cost averaging scheme.
just look at the Broker Ratings for this growing company. plus the yield
This share is trading at a 10%+ premium to its NAV, for an investment fund that seems a bit high but ST in the IC thought that the new investment policy warranted a higher share price, but with nothing to compare it to its hard to judge if this share is fully valued or not.
Ye I did that as well. ;-)
Bought this for yield but it now looks good for growth too!
These appear to be out of date . The actual figures and a study of balance sheet show the figures as better and the dividend covered . You are dependent upon these investments all delivering and as most of dividend paid out further development has to be funded by issuing new shares
P/E 63.69 EARNINGS 0.84 P DIVIDEND 5.00P -did I read that right ? $ earnings sometimes tempting but there are iffy UK earnings too. This divi so generous is a gamble on earnings taking off fast -no evidence for this -could collapse like a pack of cards anytime -what will it be paid from ?
Imran Khan ‏@immikhan 5m GLI Finance scrip dividend today @HPanmureGordon say #GLIF "virtually unique way to play emergence of alternative finance in public markets" DYOR
http://www.shareprophets.advfn.com/views/5249/gli-finance-very-encouraging-agm-statement
Shrewd thinking I suspect correct
Is anyone else thinking of buying in before 30 April just for the dividend?
Simon Thompson in IC tipping GLIF again 80p target
Does anyone else think BMS Specialist Debt Fund are liquidating their holding in GLIF? Their holding dropped from 12 million to 4 million shares In Feb. they must be getting rid of the rest - so many bought in last week or so and price gone nowhere they must be sitting on the offer. Once they done this should gap higher pretty quickly. GLIF bought BMS Finance AB from the BMS Debt Fund in November 2012 for GBP 11.6 million paid in shares (23 million in November 2012).
Like you I'm here for the long term yield. The IC tip is the icing on the cake. Where else can you get a 8+% yield with a good likelihhod of capital growth thrown in too. As always please DYRO. Havent seen a sell for a while now!!
Could not agree with you more on the good yield being paid out here,,,,,,,,,I've been buying in recently with a view to hold long term,,,,,,,,,unless the story changes of course ! See the IC (Feb. issue) has a 80p fair value here, also £1 highs dating back to before the financial crisis are not unrealistic medium term . But I'm really here for the yield ! DYOR
Company that facilitates lending to growing businesses. No this is not as safe as the building society. But is 1.5% worth being safe for ? OK spend it or try silver coins or buy solar panels or just speculate. Think though that growing businesses make jobs to earn wages and salaries to save and maybe buy houses -ie the horse before the cart is the proper way. So I don't hesitate putting a bit in something that grows businesses because I see it as economics correct. This pays a high yield some denominated in $ and it fluctuates -as does sterling too! I put hold because I hold some if you don't you should buy some for the quarterly 1.25 p div per share and future capital appreciation
big trade.....
Despite the nature of this creature I take the view that the US has renewed fundamental strength based upon its new oil independence also that US the Fed as a backstop and whilst I would not hang my shirt on this I think it is a very worthy component of a balanced portfolio.
Well this one might be on the face of it more risky than some investments -but its doing well and better than some hedge funds . Not a place for your last penny but you can buy 500 for £250 with a 10 % divi that is well covered so could have a place in a well diversified portfolio