Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Thanks for feedback.
Hi guys, do you think now is a good time to invest in tsco, or do you think their will soon be a big drop in the sp
cheers
a bit like some Lloyds shareholders complaining that the BOD have not spoken up about dividends when everyone should know that dividend details at the latest will be given with full year results next month.
Also, everyone will be contacted when they will be eligible to get a C19 vaccination.
No need for people to keep phoning a GP's surgery.
RW
'' simplified details of what the SD and consolidation means''
Another poster of here seemed to suggest that the option to purchase shares under a scheme just maturing won't be until after the proposed return of capital and consolidation in any case.
Everyone already knows that each shareholder will be returned about 50p per share if approved which will be payable in February. Details of the consolidation ratio will be known as early as Monday. Sending emails was not necessary as all relevant information will be conveyed to shareholders and interested employees very soon.
LTI,
It is one of those many days where i am not making myself clear. I am asking for the company to email colleagues (as we do virtually every day anyway) with simplified details of what the SD and consolidation means. Talking to colleagues many colleagues will view consolidation as the theft of shares. Colleagues are investing in their company, their future, their savings. They are not investors in the same way as the majority of people on this board are.They are knowledgable in that way.
Im in both too and will top up in both over time.
Great stuff thanks posters. I do like Tesco's intended scale up of their online / delivery service & the swallow up of Bookers seems promising.
Gary,
I'm in both, so am putting this here.
I'd go for this one: Not because of the coming SD, but because ordinary divs are guaranteed this year, it has proved more resilient during Covid and, indeed, the business seems to thrive with reliance on online etc.
I put money in the other one as a growth play because it will go back up sooner or later:
However, this is better for worry-free income which seems to be your goal.
GL
A circular containing further details of the special dividend and the share consolidation ratio will be sent to Tesco shareholders on or around 25 January 2021.
Return of capital if approved is scheduled to be paid on the 26th Feb
G59
Toss a coin.
If Tesco wins be aware of the return of capital that is likely to take place in the very near future, as has been discussed.
RW
I would have thought that all employees would know where they stand regarding any effect on SAYE schemes soon after a return of capital and consolidation has been sanctioned on the 11th Feb. Until it is, it is all hypothetical .
I don't think it would be a good idea for thousands of employees to start sending emails asking questions about details of something that is yet to happen. I would also be ignoring such emails.
Rather like some people thinking it OK to pester GP surgeries enquiring as to when they my be getting a C19 vaccination.
Relax and wait for the 11th Feb outcome.
Got 5K to put into either TSCO or LLOY in the near future, what do holders think?
I'm not going to split it & I never sell shares, the idea is to hold & use dividends when needed in retirement from 2026 on.
Same Q to LLOY board.
Thanks & GLA
LTI
I am not expecting a direct response immediately for obvious reasons. I requested that a simple guide , with examples, be sent to all colleagues. The questions were about SAYE and taxation. If they do send one out it will be after any RNS.
Sale of Polish assets is to come as well
it would be a beneficial move as otherwise the BOD wouldn't be making such an offer.
''Does he convert now and receive the Special Dividend and consolidation or does he miss the Special Dividend and go for the consolidated shares.''
If dates are anything like when mine matured Jan/Feb last year, as I recall the earliest you could make your option was late Feb and the earliest you could then buy at the option price was into early March.
RW
Leas has already made a post covering what a debt tender offer it is all about.
Simply buying back debt.
RW
'' I have written to some Directors but haven't received a response yet''
I'm not quite sure how you were expecting details on the return of capital/consolidation ratio before the market was informed via an RNS
LTI
Nigella asked in a post earlier today about the Tender offer. Do you have a view?
Those rough figures of course assume the option price remains the same.
The only difference is that any share purchase made now, about 50p per share of the capital outlay will be returned to you.
RW
''Does he convert now and receive the Special Dividend and consolidation or does he miss the Special Dividend and go for the consolidated shares.''
If someone had £9,900 in that particular SAYE price option scheme it appears the choice would be between investing £9,900 for 5,000 shares and getting £2,500 returned and ending up with 4,000 shares or investing £9,900 for 5,000 shares.
LTI
That is the point. I am still trying to find out what is happening about that. I can't find anything that indicates what would happen under consolidation. I have written to some Directors but haven't received a response yet. In October , people signed up for 1 share at £1.98 to be converted at that price in three years time. There was one lad on here last week that has had his matured plan but hadn't yet made the decision when to convert (I think he said he has up until July). Does he convert now and receive the Special Dividend and consolidation or does he miss the Special Dividend and go for the consolidated shares.
RW
''e.g. to take the so to £3, £4 or £5 that we still get the price per share in our SAYE plans. A nice bonus''
I'm afraid not.
If a consolidation is made over and above that required to take account of the return of capital then your SAYE option price would have to be adjusted.