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Dividend announcement must be imminent. Going for 5p
Notice someone playing with silly trades to walk this SP up.
Hard one to call this; although dividend announcement/payments move here and are not fixed, no is the zone that any might be announced; inconsistent, but where they have made money they pay them out. The interims were a bit mixed, having lost $21 million, but mood music about selling out to reduce risk, and taking advantage of the current opportunities. Question is, have they? If they have, and whilst sitting on $40 million cash (half of their mkt cap), i can see 3c here. If continued to lose/struggle, zero. We shall see
I note a slow but upward SP appreciation on on this which i find curious/interesting. LIV is absolutely minimal on updates, and normally drifts lower in the 9 months post divvy, yet it's rising, contrary to it's normal pattern.
For me, its undervalued, but do wonder if this is just PI's looking at the headline yield buying in, or more fundamental knowledge/belief....
Just read the accounts; happy days.
This is an esoteric investment are, and not for punters, but this from the accounts, is all you really need to kniow:
"The Company had no single major financial instrument that in absolute terms and as a proportion of the portfolio could result in a significant reduction in the NAV and share price. Due to the very low exposure of the Company to public equities, and having no specific correlation to any market, the equity price risk is low. The portfolio as a whole does not correlate exactly to any Index."
Interesting one - I hadn't seen the divi in my account yet so messaged my broker (AJ Bell) to ask what was happening and they came back to say that Livermore sent them a cheque for the divi's and they are waiting for it to clear before allocating it out - somewhat surprised that anyone does this by cheque any more, but if you are in the same boat, this might be why.
Now we know why it was slowly but surely creeping up. That's some dividend
and slowly but surely it keeps inching up. To mind mind as along term holder this is highly unusual. It always inches on the annual dividend announcement, but it is a bit early for that, so i do wonder if something is afoot here,
Anyone got any views why this has been slowly but surely creeping up in the last couple of months? Can't see any news to validate the rise.
On the weekly chart it has just gapped up through its 50p resistance, and that's a bullish sign.
announce that the Group will pay an interim dividend of US$0.0858 per share to members on the register on 6 January 2017. Shares will be marked ex-dividend on 5 January 2017. The Pay Date is expected to be 28 January 2017. The Board has decided to pay this dividend based on the Group's profitability, liquidity requirements, portfolio performance and market conditions. The Group continues to trade in line with management expectation. The Group expects to announce its annual results for the year ended 31 December 2016 in the month of May 2017.
An over-view of listed hedge fund investment opportunities, including a closer look at Livermore Investments Group's latest results & NAV: http://wexboy.wordpress.com/2013/05/31/portfolio-allocation-xiii-alternative-investments/
ERPOOL ARE ......................
Livermore announces that it has successfully rented all of the 39 apartments at its Wyler Park property located in Berne, Switzerland. Wyler Park is a top quality mixed-use asset owned 100% by Livermore. It has over 16,800 square meters of commercial area, 4,100 square meters of residential area, and another 7,800 square meters available for additional commercial development. The commercial area is entirely rented to the Swiss Transportation Authority (SBB), a Swiss Government company, until at least 2019. The entire property is now fully rented and is expected to generate net rental income of CHF 5.46m annually.
By buying back its own shares and holding them in Treasury, this move will, if it continues, improve the net asset value ("NAV") bit by bit. Announces that on 12 July 2010 LIV acquired 166,512 ordinary shares, representing 0.058% of the issued share capital of the Company. The Company will hold these shares in treasury for the time being.
Major interest in shares: http://www.investegate.co.uk/Article.aspx?id=200905071529018813R Bristol Investment group bought apprx 4.3M shares @ ave of 18p and increased their stake holding to 5.38% which is 16.9M shares. On 18th March they made original purchase of 12.4M shares. http://www.investegate.co.uk/Article.aspx?id=200903181047510514P According to this statement here NAV is 46p and debt reduced 44% to 6M from 10.7M. http://www.investegate.co.uk/Article.aspx?id=200904141309265331Q DYOR
Hebrew paper in iseral suggests that livermore invested in Maytas properties sister concern of scam of 2009 i.e SATYAM listed as SAY in NYSE. Would this investment make any money for them
As at 30th November the NAV was 50p/ordinary. This compares to 48p as at 30th September. The Board has decided to issue monthly NAV reports. As no relience can be put on these numbers as they are unaudited. The Directors certainly feel it worth mentioning as it looks like LIV top be currently undervalued...
Looks like it is on and taken most people by surprise. The £125K trade recently puts it all into perspective. Looks like the day of independence could be marked .
Is groverton et al about to flex their muscles and cash in on their recent buying spree on the cheap, looks like it in view of the late session rally. In for the rollercoaster ride.
By the Co having bought back, for cancellation, to be held in treasury, some 20K of shares@29.94p each. The total number of shares now expected to participate in the divi distribution is 282.12Mns shares. Naom Lanir is going to get a very handsome reward on his near 48% holdings. At 30p current seems like a high entry point to join in the divi payout, I am almost sure that the sp will falter a little before Friday, but the 153k shares bought today look an interesting gamble, so a run up to 40p by mid june is possible as buyers try to secure the divi before selling out..
Qupted Ex rights date is 25th June. Record Date: 27th June and payment date 31st July.
Noam Lanir has decided that enough is enough with this Co in its current guise, having bought up a further 1.65% or just under 5million shares, the days of this Cos indepences are marked. So sad when a Co with so much potential is quietly acquired by an acquisition vehicle willing to change the course of direction, as a majority shareholder now the die has been cast.
an agreement has been entered into, to acquire DTH Television Group, in a deal costing £6.7Mns by way of an Interest Bearing shareholder loan.With this deal, takes on board RP Capital Group, a London based investment house, the largest shareholder in DTH. This acquisition brings to LIV the potential for rapid growth for the benefit of all DTH's shareholders, allegedly.
Noam Lanir, through Groverton Management Ltd, a company owned by NL, now holds 47.8% representing some 135.82 Millions of the issued shares. Mr Ron Baron lifted his stake to 11.9Mns shares taking his holding to around 4.2%. The shares were bought at prices around 35.5p/share 5.32 and 2.28 Millions were purchased respectively..
LIV. Chief Exec Noam Lanir took up 22.7Mns shares and noe has control over 129.3Mns isc. Co as an independent is history by the looks of things.