Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
yes, and the mkcap is well below the cash and assets value, nice to be in a company that’s cash positive and no debt,
also glad that idiots don’t come on here and say placing soon lol.
they will have to try another way like years and years and bods pay themselves to much lol.
don’t fall for it, you’ll see the ****s come and go but it’s easy, hold on to your share’s.
atb.
Laugh
Fair play,
Dividend pay is a nice bonus, your son must be doing very well also.
Is he a member in LSE ?,
Are you invested just like your son then?
Your son is on the ball here and knows a good investment when it’s about.
Gl.
Laugh
If your son bought before divi at 1.98 and averaged down then he hasn’t done as good as if he’d held, he won’t get the dividend on his sells so that’s gone.
Now it’s about the potential future dividends and acquisitions and future high cash flows,
These companies in AIM are rare to find so increase your holdings and hold imho.
It’s all about the company that’s in a very high cash positive position, I had no doubt I will do well here and a dividend is a bonus, I expect more dividend payments to come .
Share buybacks are the icing on the cake.
Tak shares out of circulation and so higher future dividend, that’s why they do it to make shareholders more wealthy, the board hold shares remember so they get high returns also.
I’m holding and will get my £5k dividend on the 13th May and will be looking forward to future returns. My 5k is going back in to buy shares so sp doesn’t matter to me atm. Atb
Give me my Divi,
Any company now paying a dividend in AIM is a rare one and potentially a big returner,
Good to see cash overflowing now and we now know the board like to give returns back to their shareholders.
That’s what companies aim to do and now seed is doing it.
Mkcap value was far to low and well below Nav, so they wanted to offload cash to shareholders and in turn make this company more attractive to investors bringing up the value.
Thats how it works and I expect more dividends in the near future.
These companies are rare to find on AIM.
GKP was a great divi payer before the pipeline was halted.
One to watch in the future though.
Atb
Why would it drop to 1.5p when it was over 2p before dividend announcement, share buy back means just that , shares are being take out of circulation so less shares available, meaning our shares are worth more than current mkcap each time they buy back.
Best to hold get your dividend and usually the sp moves up anyway and that’s without share buybacks.
Win win , so will be up again tomorrow more than likely as it’s the last day to get in before ex-divi.
Exactly that’s why Ed said this in the rns on the 16 April.
Ed McDermott, CEO of SEED, commented: "It has long been an ambition of ours to pay a special dividend to reward shareholders. This achievement underscores our confidence in the Company's current financial strength and future prospects, as we believe our existing portfolio and new investments have the potential in the next years to replace the value paid to shareholders now. Whilst we remain in difficult equity markets, we are seeing attractive investment opportunities particularly in businesses seeking to fund growth.
"Post payment of the dividend Seed retains in excess of £4m in cash and we continue to seek opportunities that we believe could see significant returns for our shareholders. We look forward to providing further portfolio updates in short order."
Can I just add,
That that’s goes to the way you look at cash value.
£100 quid to one person might feel like having a grand, and a grand might feel like a £100 quid to another.
All perception.
All feel the same either way.
Have a good w/end all.
Didn’t know so glad I didn’t post.
Life goes on all the same if you’re not here or I’m not here.
I’m getting on a bit now so you’ll find the older you get the more funerals you attend.
That’s life I’m afraid and so have to accept that death is a part of all that’s living.
I mean why does the May fly only live for 24hours.
I find that as I’m getting older I’m realising that nothing is true, it’s all down to perception, it’s as you see your life, and things will look different to others,
50 years to one person might feel like a 100 to another. Thats how I look at it.
Atb.