Member Info for Etotheipi

Off the top of my head there's a cap of 4% and collar of 2% apr. for most tenets.

It's a shame the share chart on this site doesn't adjust for the share split, it's the only share I've with a consistent positive trend from day one. I have to force myself to stop topping up otherwise it will dominate my portfolio.

There are many reasons to buy this share now and many reasons not to. It depends where you think the Chinese equity market is heading. I'm currently sitting on a loss and averaged down as far as I'm prepared to go. In my opinion the Chinese economy will continue to grow, its stock market will continue to mature and this share will follow. I don't see this growth being as dependent on Western countries as before.

The inspiration was an article in last week's economist bigging up India and suggesting that they will taking more business from China. I bought the Ishares MSCI India tracker, 0.65% fee so a little high.

I got exactly my shares x 1.0169 through ii. Maybe it's a broker "mistake".

TheTrosky, how do you know the trades are bots?

I fortunately has some cash spare on Monday, picked up Aviva shares for 393 during the chaos. I spent the Aviva cashback on an EFT tracking Indian equities.

It was AGM voting time this week which leads me to look at the holding of non-executive directors, I generally vote against NEDs that don' t hold shares or very few. I was amazed to see how many shares the RGL NEDs own, one has over 2.2 million the others are in the hundreds of thousands. It's good to see that they have a shared interest with the other investors in looking after this trust. Very much a long term hold for me.

Yes Agricore it's really harsh, especially against the unaudited NAV on the 21st March. Hopefully just panic selling and not an indication of the future NAV. I'm too heavily invested to the add any more but this should be an excellent entry point for new investors.

ii allow users to edit the book cost, so multiply the pre-consolodation shares by 1.0169 and subtract this from the book cost (this is the amount of cash to be returned). The % gain should now reflect the real situation.

I've just attempted to trade AV. with ii, no problems up to accepting the trade, which I didn't.

It turns out the Mexican government voted to nationalise Lithium on 20th April. Looks like we all dodged a bullet there and it goes to show that some doom mongers we're correct. Maybe the board knew more than they let on and in fact shafted Ganfeng.

From Standard Life Private Equity, SLPE.

I’m trying to understand this return of capital to share holders better and here’s my calculation and understanding, please feel free to correct me.

Using Aviva’a share consolidation calculator 1000 shares are worth £4,233.00 after dividend adjustment based on the closing price on 4th April, £4.38 according to ii, a difference of 14.7p, the announced dividend amount. This makes sense because if I sell today I lose the dividend.

I then have 760 shares valued at £4.233 per share with a total of £3,216.10 plus £1,016.90 cash = £4,233.00, so no loss. The share consolidation happens reducing my quantity of shares to 760 x 0.76 = 577 shares (the 0.6 is aggregated and sold on the market then distributed). This implies a share price of about £3,216.10/577 = £5.57 if I am not to make a loss post consolidation. Given that the quoted dividend was 0.147/4.38x100 = 3.356% of the /4th April closing price the post consolidation dividend should be 0.147/4.38x5.57x100 = 18.7p.

The method of calculation will now stay the same, the difference will be the closing price the day before the issue of B shares (on or around Tuesday 17 May 2022).

Same revenue, same profits, less shares = higher EPS (and other indicators) = higher share price. I think the market cap remains the same.

The dividend tax rate for higher earners after the £2000 threshold is 32.5% whereas the equivalent capital gains tax is 20%. I believe this is might be one reason Aviva are going down this route rather than a special dividend. I assume that it is also more tax efficient for institutional investors too.

Good to see the offer is open to private investors, I can buy through ii keeping the shares in my isa. I calculate that I need to increase my holding by 20% to avoid dilution.

I've had no problems with PB app but my holdings are in an ISA and a LISA, bed and ISA has fees attached so PB is no good for me.

Laughingmike, I've emailed ii.

On page 131 of the prospectus there's a list of intermediatories, including: primarybid, interactive investor and AJ Bell so I'm guessing pi's can buy through them. No HL surprisingly.

My reading of the plan is that they are attempting to raise a total of £750m through the ordinary share issue, £75m, then the rest through C shares. The quoted dilution is about 16.5% for the ordinary shares which I understand. The quoted total dilution is 52% which I don't understand because the number of shares will be, if they succeed, increasing by 680m from 350m, I make it 66%. I think the C shares will only convert to ordinary shares when the capital had been fully deployed.

There's a PDF of the presentation on the website. I scanned it but didn't see any proposed production dates.

Whateva, looks like you were right the first time, up 13% so far today.