Member Info for Fishcakes47

Dividend Data showing declaration date of 16th August, Ex Div date of 24th August and payment of 5th October.

It seems the NAV is reviewed end of June in order to set the divvy amount for the coming 12 months.

With the stated divvy policy being 4%, based off of the last NAV for £4.58 that suggests a 7.7% divvy increase to 4.57p each quarter.

Not too bad an increase. Looking at data on my brokerage site, the annualised TR for this is very good.

Thanks, x54v. A really great summary and I appreciate you taking the time to reply.

Give it is a speculative shot, it is only a ~3% holding for me, however I am tempted to up this slightly give the current SP.

This could be an exciting share once a purchase is announced.

Is there a timeframe in which a company has to be found, failing which the “fund” would be evenly split?

Assuming the SAA investment doesn’t bomb or cash held isn’t burned, this would suggest a return regardless of a company being found or not, at current SP.

Looking at Stocko, it seems to be fairly priced at the moment.. Growth is steady and has slowed, and the move into furniture will provide new revenue streams in future. I’m confident that they will execute this conservatively to ensure no stranded inventory or loss in margins.

A well run company, with a circa 5% divvy (good history of specials) and potential to see a re-rating in the future.

https://www.investopedia.com/terms/e/ex-date.asp

This site is your friend.. (too late today, to answer your question).

Not expecting a great deal from the results. In line will be a result, as this indicates all going to plan.
Another 12 months (ish) before take-off, I think.

Let’s not forget that water supply is a matter of national security, which could extend to natural waterways and impact on local environment (farming / flooding / biodiversity).

It absolutely is correct for the regulator to take actions it deems necessary to ensure such resources are maintained effectively. These companies know what they are taking on and if the worst was to happen, who would have to pick up the bill to clean the mess up? The tax payer.

Regulators have in the past directed policy on shareholder return - banks after the financial crises.
Better to ‘rattle the sabre’ now to deter a problem.

Are banks not better capitalised now than 2008? There may be a number of other small US banks that struggle, but this isn’t new. Over 500 have failed since 2011.

Interesting that SVB lobbied for regulatory oversight that would in the past kick in around $90b be pushed up to $250b. Suggestions such oversight would have avoided this collapse.

Next years divi of £915m. Based on float post buybacks I get this to around 33.7p, so circa 9% up on this year and a 7% yield on current sp.
This sound about right to others?

Believe next divvy declared in March and paid May. It will be the final dividend which was 14.7p last year.
Dividenedmax has a forecast of 20p.

Has anyone got access to their allocation yet? Mine showing still showing as a separate entry.

Could be massive for GAW - after all it’s value supercharged following some great video game series over the last few years, so possibility of something similar, maybe?

Just hope ‘woke ism’ doesn’t creep into any Amazon productions. It just won’t sit right with the grimdark that’s WH0K.

July market update did state that the 27 month average was moving to 36-42 months, partly due to covid delays clogging courts but mainly due to the complexity of the cases increasing as larger ones are funded. Once booked the revenues should be larger.

Given that LIT report actual revenues not future expected returns, reported revenue will be slowed / hit and the opportunity cost has increased for any holders which could account for outflows.

If you believe that the company could book big profits it could present good entry points.

So the plan to go it alone in the US is now shelved or is this an outlet to accompany STX own sales?
Bit slim on detail.

Only certain pension funds have some of their assets in instruments that had a margin call because if this mess. Apparently this is very UK biased too, due to the type of pension.
One of the largest pension funds that have invested in LIT fund is a North American one - I seem to recall it was a teachers pension fund that has put money into both funds.

Pension funds understand their liabilities decades in advance based on members age , retirement age , mortality rates, this does allow them to tie up assets for a period of time (exactly what they do when buying 30 years bonds).

An LIT fund would be seen as higher risk for a pension fund as the sum invested isn’t guaranteed (bonds more or less are, property has historically been stable over the long term) and this is where their track record on returns is important.

I wish I’d been more sensible….. (only sold part)

All seems to stem from the RNS that whilst revenue expected to be up 25% the time to completion has grown quite a lot.
I wonder if people have viewed this as an opportunity cost now and pulled funds out to put in elsewhere during the recent rally?

More than $14m paid to the litigation funded with the settlement amount to be approached in Sept.
Wonder if an RNS will follow this?

Apparently Mr Bayer is too ill and could refile over the next 12 months,

What interested me is Mr Bayer had esophageal cancer which he claimed was caused by Zantac.
This drug was used to reduce stomach acid an excess of which can cause acid reflux, GERD etc. these are illnesses that over time can lead to Barrett’s Osephagus which can lead to this type of cancer.
I feel sorry for Mr Bayer (especially since I also suffer from GERD) and hope any treatment he is receiving works.
That aside was he taking Zantac for gastrointestinal issues and would he not have been of increased risk of this cancer as a result if this condition?

I know this is probably out of place, however as the first case to be heard these details could provide some hint to the quality of the other cases.