Member Info for Conger2

Thank you.

Best wishes to you and yours too.

I am putting my portfolio into retirement income mode and mostly buying large high income investment trusts with a history of growing dividends over the decades. Its time to de-risk and the problem I having is the investments trusts are growing faster that IAG so I need to get in them now.

I am happy to report I made about 20% on IAG, and now have enough to retire in comfort and do more traveling and SCUBA diving around the world. Next Spring I am taking my 124 Abarth spider to Italy and touring for three months.

So don't give up it is possible!

Good luck all and tanks for all the fish.

The 9.00am to 9.30 am increase in trading, I see every day, is happening now, will it break 170 firmly?

Yes sorry Cents not Eruo. lol

Lower interest rates, will cause private investors to look back at equity for high returns needed in retirement, with high stable dividend funds and the funds they hold befitting the most.

Yes but it is an interim Dividend, so you know a year DIV is also coming behind it, personally I think a further 9euro next spring taking it to 12euros in all, is likely. coast about 1.2b Euro. They certainly will have it with nothing much to buy, this will become all about high Dividends again. So a lot of the high income funds will buy in again, driving the price up.

I think there will be profit taking before the end of the day, (its a weekend) so expect a drop in the last hours before closing.

The live price is 1.68+ now up over 5% it just taking a bit longer to move, there is normally a spike in dealing after 9.00am too which shows itself for the 20-30 mins, so 9.30am will be good place to get an idea on what's happening. But we also have the earnings call at 9.30.

You also have the US market joining at 2.30pm which should add more buyers.

So the Div is 3.2 eruo, so you can add that but it clearly says it is an interim dividend, which begs the question what will the full year Dividend be. as that will be factored into the share price. I would guess year end will be another 9Euro, making the total 12 Euro or 9p or about 5.5% would not be unreasonable, costing in all about 1b UKP against the cash it is generating that is not a lot.

then there is the emotional signal the Dividend sends and of course out performing forecast and rising the current guidance a little.

SO i would suggest you could see a bigger rerate tomorrow, 15p would not be unreasonable and 25p very possible, but what do i know i sold RR shares at 1.80 to buy in here...

All I can say is phew... should see more upward pressure tomorrow then.

Https://edge.media-server.com/mmc/p/ww37s2t8/

I missed on about £1.5million profit if I had stayed with RR. (sold RR out at 1.80)

No exaggeration.

Although I am up here, but not by much.

Everything is going up but IAG this is beginning to really grate and the company is so silent, refuses share holder engagement, or publishing forecasting giving us numbers to compare performance against.

If they cancel the share they buyback, they increase the NAV per share for the shares in issue so it is not as good as just retaining profits. As cash will allow them to buy more Assets and increases the NAV per share, but is a much longer process.

They are in a bit of pickle, I would suggest they will change their governance rules at some point, which are their and so strict because they are an IT.

I dont disagree, a drop in interest rates may see more people chasing high dividends shares like this so increasing price.

Buybacks increase share price, due to supply and demand... they have to buy the shares at a price someone with sell.

Simple economics.

They also aim for a 10%+ ROI, which will be harder on deal if you paying 4-5% interest to buy it, hence a buy back is a very very sensible way to get the share price back to NAV and hopefully, investors will then surpass and enable new equity to be issues at premium prices.

I cannot imagine this is a very volatile stock though so it going take some time, which by the sound of things re dont have a lot of.

Put otherwise how will they invest in new scheme?

Personally I think is has all taken too long with lots of missed deadlines, so much of the market are just believe it when I see it now.

SYN needs a run of wins delivered on time to regain confidence in the market.

Valuation makes no sense....

Look they are getting 2.5m USD cash and 10m USD of development work for 50% of Cambay and own the other 50% so as a minim they should be worth around $25m share cap, which takes no account of carbon capture or any other existing expertise assets and future potential with a good experienced partner. Which is around 0.19p per share.

A share cap of 40m USD would not be unreasonable and still conservative, which is .30p per share.

The issue is clearly they are not getting the message out about this company to the wider market investors, but will very limited budgets to do this and and everyone else competing for air time, it is what it is.

I hope you got out without too much pain Stevenwest. I am also fully out again.

Only concern for me, is they can not borrow more money for projects (40% gearing max at 38%) or raise share capital as the share price is at a discount NAV. So yes it s great Cash cow but hogtied when it comes to expansion with government (Ed Miliband) this morning only saying they want 3X the of shore wind farms they have. This access to cash to buy these completed windfarms.

Thinking using this in pension with similar instead of handing over 25% or so of my portfolio to buy an annuity...

Maybe this the Supermarket REIT, L&G and Aviva 1/3 1/3 1/6/ 1/6 instead of the annuity. With the rest in more main stream massive ITs. It would pay more doing this, grown and not lose me the capital on day one.