We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
https://www.edisongroup.com/publication/potential-for-further-positive-surprises/24434
Good results showing the company has turned a corner at last.
Broken out of downward trend channel.
Dividend and a special dividend worth approx. 5% on 26/06/19.
Can see this steadily climbing in the coming weeks with possible up to 50% increase from current price.
due soon with divi next month
This is not declared yet, but it is usually near the end of June. There is now a quarterly update due on 17 April.
June. Very tasty 8% yield
Could someone tell ex dividend date pl pl
https://www.investegate.co.uk/record-plc--rec-/rns/business-update/201903111629025025S/
They have lost the equivalent of 2% of their AuM. This is not a disaster, but there should be a big sell off in the morning. This event also calls into question the trustworthiness of the management.
ex divi date of 06/12.
Missed the bottom by a few pence but good company to buy into at this price with a high dividend, low price and PE of just 7.
time to get that dividend. An excellent income stock.
Reading at the weekend of records support for climate denial.
Same here: it is the only riser in my portfolio today. A lot of buys recently.
Interesting that Record is the only share in my portfolio of ten that has risen today. I fell into buying Record some ten years ago when we started a small share club. I heard Neil Record speaking about his company and we bought as a club. The club is now defunct but I keep my holding , although I do tend to sell to trade other companies. At the moment it is well down because of funding my other adventures... but it will come back. Neil Record is one of the few managers of financial companies that I trust, but have only met him two or three times.
Other than a complete lack of interest apparently ha.
Am I reading this wrong or are the results not good? I'm surprised it didn't have an affect on the price. Any ideas?
Record is top of the list in an IC article on high-yield small caps. Very long article (will be in the magazine on Friday) highlights: "Dividends and capital returns are a key draw for investors in the shares of currency manager Record (REC). The company�s robust balance sheet means almost all Record�s earnings are being paid out as dividends at the moment. That�s likely to mean a 2.3p payout this year, equivalent to a near 5 per cent yield, with the first half of the payout going ex-dividend on 30 November (before print publication of this article). In addition to this, the company returned �10m to shareholders earlier this year through a tender offer which eliminated about a tenth of its share capital. Further capital returns look a distinct possibility based on the company�s policy of returning anything in excess of a buffer set at one year�s expected overheads." Article also says there may be bumps in the road "but the shares look an enticing bet for income hunters"
Here is my interpretation of Record results: Asset under management increasing to $61.2bn is another record high, as Record (no pun intended) continues their recovery for the fifth year in a row. However, 85% of this fund is allocated to �Passive Hedging�, a product that earns Record the lowest amounts, in terms of basis points. That is 3 basis points or 0.03% of allocation fund size., down from 4 basis points. This compares to their dynamic hedging (14 basis points), Multi-product (18 basis points) and Currency for Return (17 basis points). All these other products earn 4 times more than passive hedging. But, their fund sizes compared to passive is 20 times smaller! Which is why passive hedging has contributed 53% of the management fee. For further interpretation and a historical perspective of Record, click http://bit.ly/2zaK1tz
Looks like the print copy of IC had an effect today. Nice to see a 6% rise. Onwards and upwards to the interims (I hope).
Recommended by Simon Thompson in IC on line this lunchtime. He references an earlier article which has a price target of 60p. Says buy in anticipation of interims on 17 November
Record is showing little energy when compared to the Footsie. However I do have faith in the management, and hopefully they will drag us back up.
Also weakness ahead of results on 20th Oct. Could signal a rise or could signal further weakness. Who knows?
Looks like a Bull trap instead of a clean breakout.
Up 5% on the day. Above 49. Not strong but still a breakout. Let's see what happens.
Today looks like we'll subsequently see a breakout from Record. It's reached 49p today on a solid candle, and the next few days will tell whether the momentum will carry on.
Still they persist in under-rating our company. Surely the Market Price should be enough to tell even JP Morgan Cazenove they should look again...
Just received latest dividend which Selftrade automatically reinvested. Only 11 shares this time but it will grow. Remember this is a company that has promised to return £10m to shareholders...