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Believe that trading mechanism when it happens.
Full accounts should be interesting to see how the HK office has been trading.
Cheers.
Got mine too :)
Spoke to Melissa Needham via email a couple of months ago and they are in process of seeking trading mechanism. If dividends are still forthcoming and trading strong, doesn’t matter to me if listed or not, maybe I’ll be acquiring and not selling mine!
Recieved today. 00.04p Dividend.
Still no final results on Companies house website.
Website still refers to AIM rules
Website still lists PKF LittleJohn as Auditors
LOL see https://find-and-update.company-information.service.gov.uk/company/06214926/filing-history 22 Feb 22
still no sign of the trading mechanism promised
Forgot to add that of course the extra shares will all share in future dividends so keeping the dividend down
Just making sure we plebs who are stuck with thousands of shares we can't sell have 0 influence on the company.
pretty sure those new shares alone outnumber ours, and of course it keeps the value down.
56 million shares to directors???
WTF
Nice dividend surprise when I checked today as missed this completely last week
Cut probably a way for company to try and buy out some shareholders for as cheap as possible
It can't be that hard to get news out to shareholders that don't have these in certificated form
Would be nice to know how the business has performed for year ended 31st March 2023.
Will probably have to wait a long time to find out.
Hong Kong office had revenues of near £1 million 2022 so would expect that to increase as they become more established in Asia region.
Would have quite happily of sold my shares this last couple of years but that wasn't possible, but NOW i'm happy to keep them in the hope of the company continuing to pay dividends or sharebuyback & the possibility that they could become an attractive addition for a Chinese buyout.
Anyway patience needed here.
Cheers
Had my cheque too.
I have had prompt replies from management at Octagonal.
Imagine they are holding back cash in lieu of share buybacks, day to day working capital and future growth plans following US operations withdrawal last year
Has anyone ever had a reply to an email to Octagonal.?
You would think they would have the decency to at least acknowledge their shareholders.
Received a dividend through my ii account today. No communication from the company or explanation why the dividend has been slashed, when the company is cash rich and profit making.
Got my cheque today so can confirm a 0.04p interim dividend been paid - so for anyone holding indirectly then keep an eye out for the money
Pretty terrible comms from company - I will be keeping a keen eye on my post in coming days for a nice cheque hopefully!
0.05p dividend paid today.
Oh well! better than nothing.
Cheers
0.1p dividend usually costs them about 600.000.
So it's possible we'll see that announced after full year 31st March 2023.
Cheers.
Page 5 of the pdf on the link say directors to review capital adequacy requirements for the group and update shareholders on any proposed dividend
Fingers cross Gunn wants his dividend pie
Hong Kong office turned over a million in revenue 2021/22 & expected to continue to grow.
Hope they decide to pay a dividend.
Cheers.
19 Jan 2023 Group of companies' accounts made up to 31 March 2022
This document is being processed and will be available in 10 days.
Https://find-and-update.company-information.service.gov.uk/company/06214926/filing-history
OK I goofed I'm the wrong way round OCT own GIS which is the major trading subsidiary.
Still no sign of accounts being filed
our holding are in Octagonal not GIS, the profit or loss or the group is irrelevant it's the profit of the company that matters
Accounts for year still not published / overdue now given we’re supposed to be in by end of December. Hmm
If and when I see anything on this will post an update.
Question is where are they getting the money for dividends this year ? According to gis accounts for year end 31 March 22 ( filed at companies house 3 Aug 22), turnover decreased 45% and operating profit down 88%. Profit before taxation £ 149,456 ( 2021: £1,475,609 )