Member Info for Divhunter

Not certain. I do not think that they could not be held in my SIPP by my current provider. I would expect my SIPP provider (iii) to obtain a share certificate & send it to me. I am over 55 & able to withdraw holdings from my SIPP. Not sure what the situation would be if I was under 55. Will be a bit ****ed if this went all the way to delisting but it's only a small part of my SIPP & a manageble loss, as are other AIM's in my SIPP. 95% blue chip dividend bearing low risk in my SIPP, 5% chancers!

Part of an FT article by Kate Burgess 3 days ago. "Last week the exchange � for the first time � publicly stripped a deputy of its Nomad licence. ZAI Corporate Finance, a specialist in advising ventures from frontier markets such as Africa and China, must hand in its badge this week. Its dozen-or-so clients have to find another Nomad or quit Aim. ZAI � which was Nomad to Naibu � has not done enough deals or have enough qualified executives to meet the LSE�s criteria for a licence. The LSE also impelled ZAI to send a letter to clients last month explaining that its uncertain finances might compromise its ability to act as a Nomad. It turns out that not only is the LSE proposing to fine ZAI �650,000 for unspecified rule book breaches stretching back years, but ZAI faces a winding up petition from the taxman. And then there are legal costs attached to an unsuccessful attempt by ZAI to have the LSE�s case against it heard openly. The LSE�s tougher stance is to be applauded. But it should not stop there. It is right to worry about the effect of public disciplinary hearings on third parties. However, Aim should be equally wary of its Nomad set-up being seen as a private club, as Justice Mostyn described it earlier this year when considering ZAI�s demand for a public hearing. �Tenure as a Nomad is much more akin to membership of a private club than that of a regulated profession,� the judge said. Perhaps it is time to change the system."

They would appear to have options. I'm beginning to think they just don't really care whether they get suspended or not, they'll just do things in their own time. Drift further down today if there's no announcement, bound to be one or two who don't want to be locked in. I'm holding if nothing changes today, consider top-up if it really dips or selling a few if an announcement comes & it rises enough. All options open, could really do with constant monitoring today but I doubt I'll get that chance.

Northland have taken on GCM & Obtala. Be surprised if they don't take on Polo as well. I think their due diligence for Polo may just be a bit more complicated & they're not ready to confirm yet. 36 hours from suspension but that will be lifted as soon as a nomad is announced which could be hours later. Not an issue in my opinion, only becomes a problem if it becomes weeks. Great trading opportunities today, the range has been tightened & the price has wavered between -10% & + 5%. 4 buys & 1 sell for me today, now got my average down to 4.5p in my ISA & got some in my SIPP & trading account at 3.42p. No worries for me. Delisting would astound me, in my eyes 100 to 1 against. Expecting a quick profit on my buys toady & then back to my regular holding.

RNS tonight. ZAI are Nomad to Polo & GCM. "Pursuant to Nomad Rule 11, the Exchange has determined to remove the nominated adviser status of ZAI Corporate Finance Limited ("ZAI") for failure to meet, on a continuing basis, nominated adviser eligibility criteria as set out in Nomad Rule 2. ZAI will be removed from the register of nominated advisers at 7am 19 October 2017 so as to provide additional time for those AIM companies for whom ZAI currently provides nominated adviser services, to appoint a new nominated adviser. Accordingly, the affected AIM companies must appoint a new nominated adviser by this date. Pursuant to Rule 1 of the AIM Rules for Companies ("AIM Rules"), if no new nominated adviser is appointed by 7am 19 October 2017, trading of the relevant company's AIM securities will be suspended on that date until appointment of a new nominated adviser. If a new nominated adviser is not appointed within one month of suspension (by 20 November 2017), trading in the company's AIM securities will be cancelled pursuant to AIM Rule 1. AIM Regulation will liaise with the relevant AIM companies in respect of their plans and in respect of those companies, will provide to any nominated adviser engaged by 19 October 2017 an expedited process allowing extra time to undertake full due diligence."

Well I topped up yesterday when it went sub 30p purely on a gut feeling & dreaded opening the RNS when it came this morning. But all good news, topped up again this morning since it's still sub 30p, now just about at the max I want to be. Just a matter of time before it moves up, surprised it's still hovering below 30p to be honest.

Ordinarily I'd say yes, it's a good sign, but this is PayPoint. The directors award themselves shares monthly & annually & as an annual bonus & operate a sharesave scheme. This guy is new to the board but within a couple of years he'll have amassed a holding far in excess of what he's bought so he's not really aligned with the independent investor. He's just spent £10k on shares, he did the same 9th June at £9.18. It's peanuts to him. He wouldn't be a NED if he didn't have faith, would he? Director of 39 companies since 2009, 12 still active, he's just here for the rewards. My assessment, they're managing a decline, the directors will make it pay for themselves but I'm not sue about the independent investor. Take the divi's while you can but monitor closely, Romania may save them for a few years yet. https://beta.companieshouse.gov.uk/officers/wNWfgUEmyVJY0Zo8AICgl6msLvk/appointments

Thank you. So a trading update here due in about 4 weeks. I suppose we can expect a bit of volatility until then unless they issue an interim statement. Good fundamentals here, should be ok long-term, just hope they maintain the divi until things settle again, then the current blips will be irrelevant & good topping up opportunities.

Well there must be nothing of any financial importance in the 1st quarter statement as "The directors of companies traded on the LSE cannot trade during the two months preceding a preliminary, final or interim earnings announcement and one month prior to a quarterly earnings announcement." http://help.stockopedia.com/technical-guide/insiders/directors-dealings-disclosure-rules In theory, even if they say "trading as expected", he's broken the rules. Big trouble if there's a significant rise in the next 6 weeks, almost certainly guarantees there won't be!

This is supposed to be a banker stock in my sipp, didn't have it figured for a day trading stock.

What just happened? Quick fall to 88p & now slowly on the rise again. Just topped up at 95p, not sure buying blind is the best thing to do but hey-ho.

The final & special divi for y/e Mar 17 will be paid 31st July, it went ex-divi 22nd June. Next divi in the absence of any more special divi's (unlikely for at least 12 months imo) will be the 2017/18 interim probably going ex-divi start of Dec & payable early Jan 2018, probably around 2% yield. Sell now if you are in profit with a view to buyback later (maybe) imo, or wait if you're looking to buy. Losing customers in the core business (bill payments), smart meters will have an impact. They are changing the nature of the UK business, the verdict is still out, performance in Romania will become more important in generating future cash.

Retailers around the country are waking up joyful this morning to the news that PayPoint have terminated their contract at no additional cost & that they will no longer have the millstone around their neck. For many of the small retailers who offer the service the footfall generation has been a myth & the contract a costly overhead. Will it affect the performance of PayPoint going forward? Well, after the special divi the share is approaching a 12 month low but with much of the share capital in institutional investors hands the direction it moves from here will depend on them. It's a time of massive change for PayPoint, it could go either way. The best approach from here is to keep a close eye on it. A 54p divi on a £10 share is all well & good but of little value if the SP is going to settle a pound lower. https://www.facebook.com/groups/paypointpayfair/

I see RNSs concerning the "merger" with DX on the DX page, why do not Menzies issue RNSs? It's a £40M "sale" from a company valued at £600M & the deal is under threat because of a police investigation into DX, surely Menzies have a duty to announce such things?

Well, you'll be getting 28p plus Sandstorm shares. You need to keep an eye on the price of Sandstorm on the TSX or NYSE. The 109p estimate of what you'll get for your shares is based on SSL being 4.04USD, currently they're trading at 3.72USD. If they stay at that price you won't be getting 109p for your MARl shares when you lose them. I think if the SSL SP rises to 4.04USD you'll find the MARL SP will rise to close to 109p. So from now on, whether you hold or sell at whatever price depends on what you think will happen to SSL going forward, always also accounting for what you think will happen to the USD/CAD/£ exchange rates, they are inextricably linked. http://www.sandstormgold.com

EXPECTED TIMETABLE OF PRINCIPAL EVENTS Latest time for lodging Forms of Proxy for the: Guernsey Court Meeting (purple form) 10.00 a.m. on 14 June 2017(1) Extraordinary General Meeting (blue form) 10.15 a.m. on 14 June 2017(2) Annual General Meeting (white form) 10.30 a.m. on 14 June 2017(3) Scheme Voting Record Time for the Guernsey Court Meeting, the Extraordinary General Meeting and the Annual General Meeting 5.00 p.m. on 14 June 2017(4) Guernsey Court Meeting 10.00 a.m. on 16 June 2017 Extraordinary General Meeting 10.15 a.m. on 16 June 2017(5) Annual General Meeting 10.30 a.m. on 16 June 2017(6) The following dates are indicative only and are subject to change:(7) Guernsey Court Hearing 10.00 a.m. on 26 June 2017 Last day of dealings in Mariana Shares 23 June 2017 Dealings in Mariana Shares suspended on AIM 7.30 a.m. on 26 June 2017 Halt of trading of Mariana Shares on TSXV 26 June 2017 Scheme Record Time 5.00 p.m. on 28 June 2017 Effective Date(8) on or around 29 June 2017 Delisting of Mariana Shares from TSXV on or around 29 June 2017 Cancellation of admission of Mariana Shares to trading on AIM 7.00 a.m. on 30 June 2017 Listing of New Sandstorm Shares on TSX and NYSE Within 14 days of the Effective Date Crediting of the New Sandstorm Shares in Within 14 days of the Effective uncertificated form to CDS accounts Date Crediting of Sandstorm CDIs in uncertificated Within 14 days of the Effective form in CREST Date Despatch of definitive share certificates for Within 14 days of the Effective New Sandstorm Shares in certificated form Date Latest date for despatch of cheques and crediting of Within 14 days of the Effective CREST and CDS accounts for cash consideration due Date under the Scheme Long Stop Date(9) 31 August 2017

Been drifting down since ex-divi for no apparent reason. Now 5% shy of where it should be in my opinion. It's nearly 6 months to the next ex-divi but any more drifting down & it'll be a good time to top-up. Potentially 10% plus growth & almost certainly 6% divi in the next 12 months from where we are now, seriously thinking of going in heavy here. Feeling a bit conservative & risk averse at the moment, we'll see what happens next week.

Expect the dividend declaration to come on Monday or Tuesday if the ex-divi date is to be 20th April. Could be a week later. In my opinion the divi (0.65p?) is already priced in. Whatever it is you can be sure the SP will be marked down by the equivalent before you have the chance to sell afterwards. Then it's a question of whether it will rise again before what may be the next divi 3 months later. Possibly another interim divi after that before final declaration. For me, it looks attractive but it's too much of a gamble for my SIPP. If (I''m not) I was holding now at a decent profit I'd be looking at cashing in before the ex-divi date (there may still be a bit of a rise in the next fortnight) and possibly buying back after the fall if I thought there might be another rise in the run up to the next. Some if not all. But I wouldn't be risking everything at this point in the game. This from the annual report, these are the ordinary shares, you may get nothing come November depending on performance between now & then. The divi is good but not if the share has no value. Who knows, you win some you lose some. "Between now and the end of the Company's planned life on 30 November 2017, the Manager estimates that the Company's investment portfolio (total assets) would need to grow by approximately 6.7 per cent. (annualised, after meeting the operating expenses of the Company) in order for the Common and Zero Dividend Preference shareholders to expect a final entitlement on that date equal to their preferred entitlement of 150p per share. The Company's investment portfolio would need to grow by approximately 20.5 per cent. on the same annualised basis in order for the Company's Ordinary Income shareholders to expect a final entitlement on that date equal to their closing middle market price, as at 29 March 2017, of 4.50p per share. In the event that the Company's investment portfolio does not grow sufficiently to meet the final entitlements of Common and Zero Dividend Preference shareholders on 30 November 2017 then those two share classes will receive as much of the Company's capital assets as are available for distribution in accordance with their preferred entitlements to capital under the Company's articles of association. Regrettably Ordinary Income shareholders would not receive any capital distribution from the Company in those circumstances. The hurdle rates refer to capital growth only and do not take into account any further dividend(s) which may be payable to Ordinary Income or Common shareholders between now and 30 November 2017." http://www.iii.co.uk/research/LSE:JDT/news/item/2324555/annual-financial-report?context=LSE:JDT

And why not. Why have all the past posts been removed from here? Here are mine. http://www.lse.co.uk/member-info.asp?nick=Divhunter

Somebody has great faith in PayPoint. Yesterday Woodford Investment took their shareholding to above 12% of the company. Today somebody so far un-named has purchased a quarter million shares (0.4% of the company) at a cost of over £1.8M. Result, a 4% rise in the shareprice. Ex-divi towards the end of June with a solid return forecast, watch closely.