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I think it is a reaction to the cut in ad revenue forecast.
Hi JRE,
If your sale went through before the market opened, I think you might have lost out. However, most retail brokers do not place trades outside market hours. Some even don't action buy/stop/etc. orders during the first 15 min of trading because of volatility. So unless your broker trades out-of-hours, you're probably ok (unless, of course, your sale went through before the market closed on the previous day). Suggest you check your broker's T&Cs. Hoping the best for you!
As I understand it, to qualify for the dividend you must have bought before the ex-d date and still hold it when the market opens on the ex-d date. If you sell after the market opens, you still get the dividend - as TheArcher states.
Some make much of the fact that DGE has increased its dividend annually for the past 37 years. But I'm not convinced that is a such a remarkable feat when you start from a pathetically small base and the size of the increase is easily countered by a small uplift in share price. Neither am I convinced that concentrating almost exclusively on premium brands during hard times is a wonderful strategy, especially when (at least IMHO) acceptable cheaper alternatives available. The SP has been falling steadily for the past 12 months, so I will want to see a sustained recovery above 30 before I'll be tempted back in. Good luck all.
In the absence of new, I'm beginning to suspect phat fingers or algos responding to the 200-day moving average. But I'm holding long term for the divi and would be happy to top up again below 480 :)
IMHO I suspect the CMA perceives a problem with the CVS Group companies restricting competition because of its one-stop-shop structure - involved in diagnostic labs, pet medicines, pet insurance, "healthy pet club", crematoria, etc. Staff are reported to be under pressure to sell these add-ons ( especially additional diagnostic tests, food supplements and insurance) and clients are not advised about or offered any alternatives to the Group's products or services . I suspect CVS will have to rein-in this approach and then the big question will be how much profit will be affected.
If the serious money believes (1) there will be a SID-type offer and (2) it would have to be priced at an attractive discount, I would expect some serious shorting before any official announcement. If/when that occurs, I'll sell. Simply because in my experience the shorters get it right more often than not.
IMHO the proposed law is preparation for the parliamentary elections in October - it would give the ruling Georgian Dream a means to crack down on dissent and political opponents (as happened in Russia). If so, they won't drop the proposed legislation except as a last resort. I'm holding - and may even top up if the SP falls below 3000 - but I think it is going to be a bumpy ride!
Seems to be growing.
If BHP have to take the unwanted SA assets to seal a deal, it will limit their offer. They might even walk away, as a large part of the attraction of their first offer was that AAL shareholders would be shouldering the risks of the disposals. I'll be pleasantly surprised if the offer is increased to 30, but here's hoping :)
Hi Lotm-13,
Apologies for belated response - been a bit poorly.
No, the IMP shares no longer listed in my ISA. Instead the Heather and Tapir shares are listed in my share dealing account, but with no values. No information on when/if those shares can be traded but it seems unlikely that any proceeds could be credited to ISA (although I suppose they could be bed-and-ISA in another tax year).
Just a received Corporate Action note from broker confirming that Heather and Tapir cannot be held in ISA and will be transferred to my share dealing account. I guess that when they are listed on a market, it may then be possible to transfer into an ISA.