The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
On 17/09/15... 'Be interesting to see what, if any, Dividend is declared?
..last Friday... Anyone know why?
...this Wednesday coming, the 26th.
...not a bad day here, at all, at all
Doubled up at sub 60p..average now = a smidge under 65p... ....Decent Long term Dividend play...
Hi Runner :-) Some decent reversals in the sector were seen today after a few 13 year lows yesterday! But I don't think this commodities rout is over just yet...so plenty of time to build a decent (birds) nest egg (soup) :-D I'm will also be taking this opportunity to add to my initial sub 70p tranche in #BRCI, hopefully at sub 60p GL & Best regards, Blue
Indeed kingbob, 'Seems to be slowly shifting offa its rather pert bottom ;-)
'Decided to email them myself, as follows... I am a private investor in your esteemed company and I was very surprised to see that you did not mention (as you usually do) in your Interim results anything about the anticipated dividend for this year? Do we take from this that no dividend will be paid? Also, the dramatic halving in the share price (this year) is of great concern to myself and my fellow investors. Please could you reply to this e-mail and clarify your intentions with the dividend, which would also go some way as to restoring confidence (or not) in the share price. Many thanks, Yours sincerely,
...has historically been flagged in the interims but all quiet on that front this year! Why? * 6 months losses of $34m * Reserves have dropped by $84m to $150m * 8p Dividend ( 12% ) would cost them c.$14m * Possible placing/rights issue at this sp seems unlikely but stranger things have happened?! * To get some clarification...any of yee B/b Lads & Lasses know someone they could email at #JIL?...
From AGM statement, 12/05/15 "As previously mentioned, the current market volatility continues to give uncertainty to the outcome of the second half of the year; however, given the performance of the business in the first quarter of 2015 and the opportunities we see ahead of us, the Board remains confident that, overall, the business remains on track to deliver in line with expectations for the year ending 31 December 2015."
Cautious outlook... 'not particularly that inspiring... ...Interim Dividend kept at 0.23p ( annualized = 5.2%) http://www.lse.co.uk/AllNews.asp?code=tcyrz2rj&headline=Management_Consulting_Group_Keeps_Cautious_Outlook_As_Profit_Rises
...coming up next week, the 26th... ...& getting good value again! ?over Interim Dividend?
'Added at sub 329p...average now = sub 349p..not a huge holding so room to add on any further falls for mid-long term hold ;-)
#BLT (at 11.4%) & #RIO at (10.3%) are the 2 biggest holdings in #BRWM... http://markets.ft.com/research/Markets/Tearsheets/Holdings-and-sectors-weighting?s=BRWM:LSE & both appear determined to beat China at its own game by overproducing iron ore till Chinese producers go bust on mass! SP Angel reckons its not just a few hedge funds but also China Inc. which has effectively manipulated commodity prices lower through the generation of significant paper volumes of short-term supply into the market... ...as Brucie might have said..."Good game, good game"
Hahaha :-D B99 blowing hot & cold on this one? LoL
Wowza! 640,000 buys after the Bell! Is this about to turn?
b99 Given all of that hot air....I would be most interested to know in what context yee used the word?
Also from the same source... Guffers = Gypsys, Gypos, Pikeys. Origin West Midlands, England Derived from Guff (a f*rt) cos they all smell as bad as a guff. "What the foks that smell ?" "It's the Guffers"
"guffer" Urban Dictionary definition..... While taking a bath, should a f*rt happen to come, you let it go. When the bubbles come up you open your mouth and make attempts to eat the bubbles. Congratulations, you're a guffer... Hahahaha
Yup me too, at sub 224p...just need steel balls & long term views! GL & Best regards, Blue