George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
According to the Telegraph fusion energy may be closer than everyone thinks, maybe even before the end of the 2020’s. The UK is apparently leading the race to produce limitless energy from fusion with 2 main start-up companies - First Light and Tokomak Energy. IP Group owns 27.5% of First Light!
https://www.telegraph.co.uk/business/2024/03/13/nuclear-fusion-energy-britain-grid-sooner-than-you-think/
ooh, dear me we seem to have rattled damienmoore’s cage. i’m guessing he bought hfel at the top of the market from a tip he’d heard down the pub and now wants to **** off anyone who presents him/her/it with researched facts.
here’s another fact he won’t like. hfel has been a next generation “dividend hero” for 16 years. but hey, don’t let the facts get in the way of a disgruntled investor who knows lots about lobotomies, i’m guessing from experience, but little about proper research.
Sorry to have to correct you Damienmoore but no lobotomy was required and Henderson Far East Income was first incorporated on 30th. May 1930. It pays to do proper research!
In future people will look back on the HFEL yield in 2023 and realise it was the buying opportunity of their lifetime. I have held and bought more HFEL shares for over 40 years and the dividend has reliably increased every year. With a current yield of 11.86% and trading at a discount to NAV of 4.66% it’s a no-brainer. All investment trusts go through periods of out performance and under performance at times but I have been very happy with Mike Kerley’s performance over the last 40 years.
Interesting that Legal & General have just bought a 4.96% holding.
And the dividend was paid out of revenue with a modest addition to revenue reserves.
Hi Sam, I’d suggest you reinvest your dividend. Today Peter Gyllenhammer a well known shrewd investor has increased his holding in PCA to 12.56%. He’s no mug and often helps companies to improve, not that PCA does, I think it is a very well run company that has been overlooked. I’m still buying. A 6% yield and 4 dividends a year will do me fine.
Good to see 2 Non execs of FSFL forking out £50,000 and £15,000 respectively on FSFL shares. Interim results due on 14th. September. I wonder if they know good news is coming?
Edison flash report on FSFL.
An interesting “insight” article from Baillie Gifford highlights the future for cloud computing and data centres. DGI9’s data centre holdings could become even more valuable. And all this data travels through undersea cables.
https://www.scottishmortgage.com/en/uk/individual-investors/insights/ic-article/sm-articles-2023-q2-the-rise-of-cloud-computing-10020406
Update today on strategic review says only that the share buyback programme is stopping. Not much more. If they are not buying back shares then perhaps they are going to use that money to increase the dividend. Oh, was that a pig that just flew by?
Up 10.22% today. I’ll take that, thank you.
David Stevenson in today’s FT thinks Digital 9 is ripe for a takeover by a private equity company. It has valuable assets in Nordic data centres and a fast growing Icelandic data centre business. Hope he’s right.
An interesting article by Ian Cowie in the Sunday Times highlighting his holding in Woodside, which as well as having a huge oil and natural gas field off the northern coast of Western Australia is now developing a $A5 billion liquid hydrogen and ammonia facility south of Perth in WA. The company has a progressive dividend policy and aims to return 50% of net profits as dividends. It more than doubled it’s dividend last year but still yields over 12%!. There can’t be many company dividends that beat even Uk RPI. Thanks for the heads up Ian.
There was an interesting discussion on the Money Maker podcast where Anthony Leatham head of Investment Trust research at Peel Hunt felt that DGI9’s previous problems had now been resolved and the RPI-linked revenue meant the trust was now vastly undervalued. As it is on a 44% discount and yields 10.59% there is a huge margin of safety.
This is one share that always surprises on the upside. Another dividend increase just short of 20% and another special dividend, a bit less than previous years but measured against the pandemic backdrop still exceptional. Considering the company only has 12 full-time employees they still managed to increase the revenue, no mean feat. This is one of the few individual share holdings in my “Forever portfolio”. Long may it continue.
Have put a limit order in to sell at £4.40 just in case it reaches there. My feeling is it will likely top out at more like £4.30 but who knows. Good luck all.
From today’s Telegraph:
“Analysts reckon the company could be worth up to £17bn’.
No ramping just passing on what is in the Telegraph and curious to know why people are selling when the IPO hasn’t even occurred yet. I’ve held the shares for quite a while through its previous lives as Imperial Innovations and Touchstone. No intention of selling. I’m quite happy to wait for the “special dividend” and any future IPOs.
Just imagine if it IPO’s for £17bn and you’d sold!