Member Info for courtier

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=UTG&ArticleCode=ux63108r&ArticleHeadline=Interim_Results

Just a suggestion. Buy EQN on dividend day and sell four days later... Must be a catch. Oh yes you miss out on the dividend.

Great bounce back after the fall on dividend day. Right back in the black again.

There are two shares in my ISA that have been long term investments and which never give me a moments anxiety. They are Unite and Workspaqce (UTG and WKP). They both pay a low but increasing dividend but more importantly they both just keep adding to their share price. Unite has gone from £1.80 to £6.50 in five years. About 94p per year or about 60% increase in five years. Workspace from £2.30 to £6.73, about 88p per year giving an incredible 190% increase in 5 years. Both companies are well managed and I have no connection with either apart from holding shares in both for eight years.

There are two shares in my ISA that have been long term investments and which never give me a moments anxiety. They are Unite and Workspaqce (UTG and WKP). They both pay a low but increasing dividend but more importantly they both just keep adding to their share price. Unite has gone from £1.80 to £6.50 in five years. About 94p per year or about 60% increase in five years. Workspace from £2.30 to £6.73, about 88p per year giving an incredible 190% increase in 5years. Both companies are well managed and I have no connection with either appart from holding shares in both for eight years.

On receiving my last Santander dividend, my broker (Selftrade) stated: "The dividend was paid at the rate of EUR 0.055 per share converted at a rate of 0.836999 GBP to EUR to holders of the stock as at 27 July 2016 and a rate of 19% withholding tax was applied." I actually received 3.7p per share, about 1.1% return. However remember that one of the delights of BNC is that it pays four dividends per year giving roughly 14p for the year. I regard Santander as a buy and really expect it to bounce back well. I like the bravery of the company for entering the UK so bravely, an their latest purchase. Unlike many on this board I like the fact that members of the Botin family are so hands on and seem proud of it.

Yesterday we went ex-div. Yesterday the share price dropped enough to almost wipe out my patiently accrued profit here. Should I have expected this?

In company news, big banks including Bank of America, JPMorgan Chase, Citigroup, Goldman Sachs and HSBC North America, were among the 30 that passed stress tests with good grades, winning permission from the Fed to pay investors dividends. Morgan Stanley was ordered to address certain weaknesses and resubmit its capital plan by the end of the year. Notable failures however were the American units of Deutsche Bank and Banco Santander, which were held back for the second year running, as the pair were part of a group of only three out of 33 banks to fail the tests.

I have just found a mistake in my maths for Santander dividends. I have been saying that I have a small profit (because of the quarterly dividends) although my shares are well down in value. Actually I have made a loss even when the four dividends a year are included. Currently my loss stands at 43p per share or 13%. I still feel very comfortable holding the shares and expect to be genuinely in profit by the end of 2016. However I remember saying the same, on this board, in 2015... The takeover of W & G, if it happens, reminds me of the entry by Santander into the UK market. Very bold moves that deserve to succeed. I just worry that I have had no reason to enter a bank branch for more than 10 years. Can you have too many branches?

http://www.lse.co.uk/SharePrice.asp?SharePrice=bnc&goButton=Go 9.7% yield was actually my calculation (current dividend in pence divided by current share price in pence), but it is calculated above on this page to be about the same. You have to remember that the dividend for Santander is given in euro cents, and the dividend is paid in euros, so there are some exchange rates in the way.

H1 revenue up 5% (£181.2m to £191.9m) EBITDA prior to exceptional items up 7% (£38.5m to £41.2m) EBITDA prior to exceptional items up 0.3% (21.2% to 21.5%) Free cash flow to equity holders up 134.2% (£7.9 to £18.5) Cash flow conversion down 10% (103% to 93% EBIT up 24.4% (£12.3m to £15.3m) Net debt down £44.5m (£471.3m to 261.7m) Leverage down to 2.9 from 5.5

Currently stands at 9.7% after gaining from Brexit, it is paid in Euros.

Thanks Maddox for the results run down. I think the post Brexit hiccup will be short lived.

Interesting to see we have caught the eye of MIDAS. Those of us who bought on the Float are quite nicely in profit considering the short time that has elapsed. And of course we bought because we read the history of the company and wanted a part in it. I am confident we will continue to do well. Ambitious company leaders can be dangerous as well as an asset!

Currently showing 4.49% gain since my purchase when EQN floated. Much more what I hoped for...

WKP shares rose over 8% today! The biggest daily increase for ages. I hope this means that the market is recognising the quality of this company and its management. While I know it will take time perhaps we are getting back on track.

A fall of nearly 24% since the beginning of June seems very unfaire when I voted firmly for remain. However it may be a buying opportunity!

After a fall of about 14% since the beginning of June this may be a good buying opportunity. Such a drop seems very unfair when I voted for remain! However I am still well in the black with Unite because I have held them so long. The latest dividends are a real improvement too.

21% down in a few days. It hardly seems fair when I so proudly voted to remain. Perhaps I should have sold but I am not a natural trader and tend to choose my shares carefully and hold them long term. I am trying to research what Brexit means for Equiniti. It all seems very uncertain and could go either way.

Financial Performance Profit before tax up 8.7% to £391.3m (2015: £360.0m) Trading profit after interest up 65% to £43.9m (2015: £26.6m) EPRA net asset value per share up 31.3% to £9.23 (2015: £7.03) Adjusted underlying earnings per share up 55.8% to 26.8p (2015: 17.2p) Final dividend per share increased by 25% to 10.19p (2015: 8.15p) Total dividend per share up 25% to 15.05p (2015: 12.04p) Operating Performance Total net rental income up 28.4% to £74.1m (31 March 2015: £57.7m) Total rent roll up 12.7% to £78.2m (31 March 2015: £69.4m) Like-for-like rent roll up 15.4% to £48.8m (31 March 2015: £42.3m) Like-for-like rent per sq. ft. up 16.4% to £22.37 (31 March 2015: £19.22) Like-for-like occupancy 90.7% (31 March 2015: 91.8%) Property Valuation Underlying property valuation up 20.9% (£308m) to £1,779m (31 March 2015: £1,423m) Like-for-like capital value per sq. ft. up 20.1% to £359 (31 March 2015: £299) Like-for-like initial yield of 5.0% (31 March 2015: 5.3%) and equivalent yield of 6.4% (31 March 2015: 6.5%)