Member Info for adv11

UKW Joining 02 October 2020

And most of those of us who voted to wind the company down will have since sold out. Be interesting to see what value remains, or if any blame is ever pointed out. Surprised that Kkv have thrown their hat in the ring when something smells decidedly rotten.

Yesterdays news, brought to you today. What's tomorrows news ?

I noticed that telling phrase as well. Obviously for "we" long term holders there will be good times and bad. The actual yield here is very good at the moment. I originally bought in at just over 61p, but have kept adding a few to bring it down to 57p, Anyone buying in now will get, for the time being at least, an excellent dividend. If anyone actually got in at 27p back in March, they will very happy indeed. My last years dividends have given me a 7.6% yield. Even if they made the dividends all the same instead of increasing the final dividend, I would still be getting 7 percent.
In my quarterly dividend investments, NCYF come seventh out of 70 for the yield I actually receive. Most of the higher payers are loan companies which are a bit more risky, so I think we should be happy with what we have here. Hopefully they are covering themselves with any warnings they give.

Under the circumstances.... a fantastic half year report, and continued dividend payments where much bigger companies have failed. Well done Mr.Bassi and the team.

Hmm... what about if I had 100 shares and £10 loss ?
What about in a years time, when the price gets back up to 50p and I have an extra 400 "free" shares that the have given me and I sell them for double the notional price they were given to me for ?
Afraid I stopped reading IC thirty five years ago when the first two companies they advised me to buy went bust shortly afterwards.

Hello CJ66. Are you sure it dilates my holding ? Surely we still have the same percentage holding as we all get the same percentage dividend shares ? Maybe it is one of those mathematical formulas which can prove what you want it to prove ?
I can see their point that it keeps cash in the company, and even at the reduced level it's a great yield.
Like yourself I prefer cash and then I can choose which of my holdings to top up. Last quarter I added in Duke to keep my round number holding, and at this price, you get a lot for your money.
I still think Nelson didn't see the dividend RNS - I didn't get it via my usual source, so it was easily missed.

I wonder which moron Dan is talking about ? As for the vile people, I guess that is 75 percent of you lot. Shame !

Malcy's blog is as pointless as ever. It's Dan's latest comments on Guerilla Investing that are actually worth reading.

Let's hope that those selling out stop following this board at the same time. Would hate them to have to stick around and grow bitter.

Presumably Nelson you have read the 2020 Final results and missed the Dividend Declaration ?

Seems like a decent dividend to me - especially for anyone buying in at this price.

@MF2017 - DM is a term used on Twitter which means "lets have a private conversation that no one else can see". It is generally used by companies such as Iceland Foods, when people tweet them saying their frozen food delivery has thawed and their chilled good are rancid. Iceland reply "Please DM us", and when you do, no one else can see, and they can call you a money grabbing liar without ruining their business.

I have a feeling we did just have a special dividend ? Last year they kept the dividends at the usual level and paid a 15p special dividend and then took the final dividend back down. This year they seem to be paying more as they go - 11p last quarter, 14p this. Final dividend announced in November could easily be less. For a broker, they don't actually communicate very well with their shareholders.

That's interesting Bob - there is this get out clause though. I can't really see them wanting to lose a major dividend source. Surprised the still hold XPP as the yield is below their remit.

"a maximum of 20 per cent. of the Group’s portfolio may be invested in companies without reference to their market capitalisation at the discretion of the Investment Manager".

I was looking at Chelverton UK Dividend Trust plc (SDV) today, and noticed that DGOC is their top holding at 3.39 percent of the trust.

It's exactly what happens EVERY time, so why should any action be taken this time. The only difference is that some people who are usually privy to inside information weren't included this time.
Having said that - yes, I fully agree that action needs to be taken and the offenders exposed. I have no faith in that happening.

L&G "having to sell". Absolute rubbish, they have chosen to sell. For a reason we don't know. This must be the most untrustworthy discussion board since the Welsh Gold rush of 74 AD

The problem with Pump and Dump crew's are that they will always stitch up their own members at any given opportunity. It's like a pyramid scheme falling down with increasing momentum. Get left behind and you are going to end up being very bitter.

CQS NATURAL RESOURCES GROWTH AND INCOME PLC Final Results Today -
The Fund continues to underweight the E&P sector and related equity exposure remains minimal at just 4% of NAV. Given the much needed and substantial US production cuts required to restore crude markets to balance, the Fund has instead increased exposure to Diversified Gas & Oil which should benefit from reduced output of gas, a by-product from onshore oil production, whilst paying a healthy 11% dividend.