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Great news that there are less shares in circulation.....But has that boosted the share price, no, are the institutional investors happy? Apparently yes, as thats what they want Lloyds to do with excess money. That is of course whats left over after all their bonuses for doing such a fantastic job....
As far as the poor lowly pi share holders, what about giving us something to justify our loyalty, just a thought but what about a slightly bigger dividend ot perish the thought a special one!
And just think if they didnt spend the money on the laughable new herd of Black Horses Ad that could help the situation too! Re the Ad, why laughable I hear you ask? Well my immediate thought was thats all the Black Horse Branches that have closed or are closing all gathering together and then running off into the sunset with our hard earned investment! As far as the one horse stopping to let the girl have a personal touch on its nose, well that is probably the last personal touch she will ever get from Lloyds. And I would imagine the horse said to her, "thanks for your business love, (being a horse its probably not politically correct, as anyone else wouldn't possibly dream of saying that to anything that vaguely looked feminine in case of offending them nowadays) but we're off - you've got to go on line now....
Given the Russians are invading and the footsie has tanjed I thought we could all do with a laugh or at least a wry smile today.
Off to get coffee, is it too early for alcohol?
Take care out there
Eviking
Thanks for the pointer to Divi Max
Sorry for slow acknowledgement
We will all have to watch and wait now, given the latest news...
Eviking...
Yes Friday is always worth watching if you have an interest in a particular share, catch the Friday afternoon dip...
Not sure about the Divi, I need to look into that more, I saw it was ex Divi 5th March?
Though one has just been paid? Was looking longer term but a divi is never to be sniffed at;-)
Results due this coming Friday and I thought they were doing well and had some good contract wins, so am looking at the results to be on the good side...
Ukraine dragging on, so unknown what the effect will be, just know that once this is all past this will get back up towards where it was before...
Just IMHO of course...
I exchanged emails with the company asking that question, after getting no answer here yesterday...
They sent me a link with approx 100pages about the demerger, which included value figures for the company with and without Rasp' attached
Percentage wise it worked out to be around 15% less.
On that basis in my personal opinion, even with all the contributing factors, it looks way over sold..
But hey, we all make our own decisions, so I got some at the bell today to put away for when its all shaken out ..
Have a good weekend all and just be careful out there!
Yep its clear about the demerger, but what proportion of the business is it, that is being split away, to get a gauge on what the expected share price should be when things settle?
Anyone got any ideas??
All contributions welcome...
For luckily, read likely, to be the new trading level... Predictive text caused that!!
For Raspberries - seemed an opportunity, given things at the moment, to have a slight attempt at humour....
Sorry...
Having watched EVR every now and then, not been in and out yet but saw the drop on Monday, looked through the RNS's so have seen all the demerger stuff but cant seem to find anything that gives what proportion of EVR the Rasp lot was to be able to relate it to the drop. Some of it must be due to the Ukrane +/-? but probably mostly re the demerger and lack of entitlement etc. So the question is also, is this a dip worth jumping onto or is this luckily to be close to the new level of EVR without its Raspberries ;-) Any answers gratefully appreciated....?
Oh well, I was hopeful of a Divi being mentioned, but obviously not then. Maybe he has decided to announce something in December as an Xmas present to long term share holders? Or is that just wishful thinking do you think? We are now in a completely different shape than we were a year ago, so cant be far away with the profit figures climbing... Regards & GLTA
Thanks Kitesurfa, I was thinking as per a post a while ago it was out on the 14th Oct, there had been no movement around then so thought it was just what was expected. With the dip I looked to see if any news and hadnt clicked that the figs, with the hope of a Divi I believe, hadnt been released yet.. So I think you are right and lets hope the anticipation is correct. All the ducks are lining up and situations dealt with so must be due the rerating we deserve.. Regards & GLTA
I understood the dip due to ebola and this share is so undervalued at the moment anyway... But what happened that made us suddenly shoot up higher than the recent 384 on 19th Sept? Cant see anything released or just a bring it back to sensible levels? It was a slow climb from the lows in July to the peak in Sept, so for such a big one day climb I am thinking I have missed something somewhere thats been said or written? Anyone got any ideas? Many thanks Regards & GLTA
Good positive stuff, hope this will fuel the rise in the sp back to where we should be. This has been hanging around, so looks like it could now be put to bed without having to stand further costs out of operating monies.... Here is RNS for those not seen it;- Hambledon Mining plc (AIM: HMB), the gold mining and development group, is pleased to announce that the Supreme Court of Kazakhstan (the "Supreme Court") has overturned the decisions made by the Appeal Board of the Regional Economics Court of East Kazakhstan ("RECEC") on 24 January 2013, and the earlier decision of the Regional Economics Court of East Kazakhstan on 23 October 2012, which resulted in fines of approximately US$9.4million being levied on the Company as a result of a minor breach of a tailings dam (the "Additional Fines"). In its decision, the Supreme Court held that as a matter of Kazakh law the imposition of monetary damages for environmental violations must take into account remediation measures and that no damages should be imposed where adequate remediation measures were being implemented by the defendants. The Supreme Court also noted that no account had been taken of Hambledon's remediation efforts by the lower courts. The Supreme Court ordered an expeditious review of the case be conducted by the Appeal Board of the RECEC (the "Appeal Board"). The Appeal Board is required to consider anew whether monetary damages, if any, should be levied taking into account the principles articulated by the Supreme Court and, in particular, the remediation that has been agreed with the relevant environmental bodies and implemented by the Company following the accident. Hambledon has to date paid a fine of US$3.9million levied on the Company by the court investigator following the accident. In light of the Supreme Court's decision and the extensive remediation measures, the Board expects that any additional fines that may be imposed by the Appeal Board are unlikely to be material. Regards & GLTA + DYOR of course
Its like riding a roller coaster and wondering why you did it, one minute your up the next your down... At least with a roller coaster you can see the next rise and stomach churning fall coming up ahead of you, with this sp it seems to do it for no apparent reason on very small no's... I have been gritting my teeth and hanging on, I know a good few have had enough and bailed, but the sun is bright the sky is blue and there is a new King been born, so with all that and thunderstorms tonight - surely we might be able to hold this rise????? Any thoughts? Regards and GLTA
Thanks Chaz, no didnt take on board the bit about March in any RNS's, though any payment would be into April at least I would have thought. Yes RogerD point taken, DYOR - but as Chaz had mentioned it, thought I would ask. I always tend to put the "DYOR" at the end whatever, as I dont want to be accused of leading anyone in to buy a share on my thoughts alone...
Hi Chaz, what Divi in March? They have only just paid one out plus a special Divi as well, so yes I am in, worth it for the 7p it paid with the two together plus the potential growth from here forward, so whats this about March then?? Regards & GLTA + DYOR
This is for ref purposes, as when you read the posts you may think - whats happening? They released another RNS within an hour of the last one saying new Broker sorted.... Here it is;- 29 October 2012 North River Resources plc ('the Company') Change of Adviser North River Resources plc, the AIM listed resource company focussed on Southern Africa, is pleased to announce the appointment of S. P. Angel Corporate Finance LLP as the Company's joint broker with immediate effect. Ocean Equities Limited and Strand Hanson Limited continue to act as joint broker and Nominated Adviser to the Company respectively. Regards & GLTA
Rns, looks like is a directors buy £24,000 worth. Nice to see someone linked in to the company has faith enough to put their hand in pocket for a few shares at this price http://www.investegate.co.uk/hornby-plc-(hrn)/rns/holding(s)-in-company/201211191123164405R/ Regards & GLTA + DYOR
X Divi date 21st Nov, they confirmed the payment of the 2p for the 21st December, so still time to take advantage of the nearly 3.5% Divi ! I have faith in the company sorting itself out, Frank Martin says he has a coherent strategy and I believe him, they have reduced debt massively and Barclays are keen to offer them revised facilities. So, I am not saying they are a model company (couldnt resist) they are having issues, but have things in place to resolve them. The Divi is a chance of a short term return while waiting for the supply issies etc in China to sort themselves out. This may be in hand now the government has changed - who knows where the damn or bottle neck was / is in sorting out the problems over there. They could now be well on the way to it being sorted. That obviously will have a big material effect on their fortunes.... this is of course all IMHO of course Regards & GLTA + DYOR
blimey, someone else on here now as well.... Hi Mulledwine, our paths have crossed on a few shares - I think MWA and BYOT to name a couple? When you read the bit about banking and net debt reduction etc it shows what a strong company, with of course good cash generation, it is... So as per my posts before, at this price linked in to the divi, it is just a steal. All IMHO of course Regards & GLTA + DYOR
Yes I am in, I have also been in contact with the company to confirm the Divi is ok. They have confirmed that the divi is all ok, so no problem there. I was concerned in case they re thought it. So at this level with the Divi pending it is IMHO a no brainer. Regards & GLTA + DYOR ps sorry didnt see your post till just now - am not used to seeing anyone else on here - on here - on here.........
This from 27th Sept, HSBC Global know a good thing when they see it - which is why they have taken their holding to over 13% see RNS Link;- http://www.investegate.co.uk/Article.aspx?id=201209271048093145N I dont believe there has been any notification of changing the Divi so as of Nov they will be paying the 2p which will equate to 3.4% which is a good return in any ones money in the current market. We may get a few dips along the way but I would think we will be heading upwards shortly as the Divi gets closer. This all IMHO of course, so DYOR Regards & GLTA (had to post this, I was getting bored looking to see if any one else had bothered posting here and seeing my same last post.. Hello??)