Blackrock Engy Share Price (BERI)

Last trough concluded with major uptrend line, which is bullish . Also the Relative strength indicator is above 50 on the weekly and daily charts, which is bullish . The RSI, has made bullish positive divergence. However there is a major down trendline at 118, and the sp, would require to rise above that price which also coincides with a recent weekly high price, before there can be significant move upward .

...in this dreadful market my quite large holding here over many years was showing an ever-decreasing profit and much else losses so I sold before the budget and split the proceeds between LGEN and AVIV which I already hold. It was common knowledge the Tory Budget would benefit them and their divi season is soon. Sorry but needs must!

We can't increase the dividend. The whole point is the spending transition and until that happens the dividend will not grow that much. Those wanting an income can buy BRWM.

The share price fell unfairly on Friday. Other than GLEN the other holdings held up well.

RyeSloan - I hold just like you and totally agree with your sentiments. I have been waiting for over £1.50 to lighten the holding a bit and am frustrated, particularly with all the energy giants announcing juicy profits but I suppose it will be best part of a year before these translate into income for BERI and they will doubtless insist on 'smoothing'.

And they sure were!
Bit disappointing they didn't bump the div by 5-10% or so though as they have plenty in the reserve at about 1.2x annual div and only just made the 85% min payout by a couple of percent this year. I get they probably expect revenue to have peaked or certainly don't expect the revenue received to rise meaningfully from here and are possibly re-allocating to lower yielding assets in the portfolio but still I think the scope was there if they wanted to.
But overall this just feels like a handy place to have some funds allocated to. No idea what the SP will do from here right enough but have never held this as a trading share just a very long term hold....which brings me back to my whinge about the div as always nice to see a rising div on my long termers!