Member Info for Gerry557

...of results seem ok highlight for me was the Interim dividend up 7.5% to 6.02p. Consistent growing divis, whats not to like.

Tis annoying but I am gonna suggest something I never though I would say. Have you thought about moving them OUT of the ISA? New budget changes allow £5k divi income untaxed (althought you will pay more on the rest) so for a smaller holding under that limit might allow you to do as you please without the tax man taking a swipe. You would have to check the details cos I am quoting from the headlines CGT might be a problem.

Well the quarterly divi has been announced and has risen as expected for 2015. It trades in line with management expectations or slightly ahead. New revolving longer term finance deal in place so they can buy even more assets whilst keeping debt low. What not to like for a divi hunter who likes to buy and hold to aid with the market ups and downs. Well this is more for the downs as it should hold steady and provide an income to buy the shares that fall in the down market. Maybe not one for the traders as its unlikely to jump/fall 40% in a day. Then again with the British weather you never know what is going to happen. Maybe all the windmills will get struck by lightning and the strong winds will blow all the gearboxes.

seem a bit better with metrics turning more positive after having a bit of a blip recently. The divi should be more secure now and maybe it can push on from here. I wonder when the divi will start to rise?

Well if you expect a 3%+ yield it will have to be. So deal announced and the market doesn't like it much. They have slashed my divi too, boo hoo ! Well the new man had to do something different. Lots of debt, placing already done and some savings to be made. If the plan comes off, hence the market reaction, it should generate lots of cash, reduce that debt burden and then my divi can start to rise again. I suspect that is too long to wait for most people. Sell on the rumor. Maybe I should have listened.

and the divi is now fully covered. This set of management have done well to turn it around. Success will be when that divi starts to rise in my book though. Whilst that may be a while away things are going in the right direction.

Sad to see yet another profit warning. I still wonder if the takeover by Carillion would have been better. It could be wishful thinking on my part as I hold the latter. The SP has recovered somewhat from that time so holders here might be feeling a bit better.

looks like this likes the commitment to the 2% spending minimum. Although some would say we should be spending more anyway

It would be interesting to find out which of the remunerations committee members support the scheme and those that were critical. Just so we know who to vote for and against. I have noted an increase in voting against pay deals generally with some over 35%. Not enough unfortunately to cause action but starting to send a message. I suspect the trend will increase as more become aware and hopefully the systems change more in favor of the PI's

gets a mention here http://www.dailymail.co.uk/sciencetech/article-3150927/Rise-SUPER-SOLDIER-Liquid-armour-indestructible-exoskeletons-weapons-never-miss-future-warfare.html

Thanks for the links, looks like Im not the only one unhappy with the situation. Some have other valid points, such as the AGM timing. I got my figures off page 51 (i think) of the report, I didnt notice the extra £303k but was just looking for the headlines quickly to refresh my memory regarding his high (modest) pay. I suspect/fear we need support of some of the larger holders to get anything done now. Hopefully ShareSoc can change a few things to enable PI's to have more of a say. Voting on ISA shareholding comes to mind among others. Keep up the good work

Maybe we have a different idea of what is modest. How would you describe the current pay level? I think that this devalues the shares as the money I invest in the hope of a return is being capped by paying someone twice, once of doing his job and secondly if the SP rises. If he is doing "just ok" the SP should rise and I have stated that I expect this rate anyway without any incentive. Now if he wants to scrap is wage and take a profit related income ok that way if things turn out wrong he looses too. Currently it seems a case of heads I win tales you loose! This is far from challenging, overly rewarded compared to shareholders and puts all the risk on us. I couldn't really make out what your figures were trying to imply or are you saying that you think that this scheme is fine and dandy.

Well Tour de France is on so I thought I would hunt down the info during the adverts. John Hawkins pay (2014) was £360,000 plus Benefits £24,358. Add in pension £ 54,000 it is not a small sum for the company. Maybe he is miffed cos he had £459,010 in 2013 and Ian Davies almost doubled is money when his performance related bonus was added to his basic, if you can call it such. Still not convinced that this is a good idea. Im sure the other 300 or so workers will be chomping at the bit to enable him to get his bonus. Wonder if they have heard of John Lewis?

The scheme seems a bit over the top. Apart from the pay, which, from memory was relatively high anyway, why do they need even more incentive to "increase shareholder value!" 20% over 3 years that less than 7% pa. It excludes divis so no reason to increase them any more. In fact why not cut them? This seems like money for old directors, sorry rope. I have seen schemes like this result in paying people not to work, take unnecessary risks and it will all be about the 3 year timeline not the real long term value. Now a salary sacrifice and a pool of shares with the divis going into a pool might work better for me. I was hoping for more than 20% over 3 years anyway. Can I announce some bad news before the start just to aid my bonus too! Sounds like a bad idea to me

Maybe not good news for VZC but I liked this advert considering its an advert... https://www.youtube.com/watch?v=QC22ZHo7Iak

Well they said volatility would return and it has. HNT on the biggest fallers board but comming of some highs. I did say I liked your positive attitude. As for 60p by xmas, I have no idea. I wont be upset but I doubt I will be asking Santa to bring me any. Then again if Paul T is santa he might make me think differently. Just keep improving and he can be the Easter bunny and the tooth fairy. Just leave my divi under the pillow. GLA

I can see why the euro would want just one corporate tax rate, let us hope we are out of that rule and can keep attracting new companies here. The single currency is not really working for the Greeks! As for Roche, would they move hq here? Maybe some hurdles might deter any bidders but we tend to be open for buyers, National Interests seem excluded. Bid premium of 30-40% too short term and where would I put the dosh. HSBA, RDSB and or NG. to keep the divis coming in.

If they move their HQ to the UK and pay more tax over here HMG might be more forgiving. I Dont know what that will do for our special relationship and the US were trying to put a stop to this sort of thing. Bid noise should up the SP or at least slow the fall. Personally I would like to see them stay independent, keep paying me divis which start to rise again in time, well in 3 years at least. On the negative side, that massive U-turn in such a short time over the deal smacks of not having a real plan or at least having realised that it was the wrong plan.

just as the price is starting to reduce nicely. Why cant they keep stum! Well until I have topped up at least

As a holder I have been impressed with SL. The divi has been good but currently only 3.6% but has been growing over the years. Maybe that premium might be whittled away a tad with Mr Market, Sell in May, Greeks and China bubble etc. With a bit of a market correction you might be able to buy some "cheaper" or less of a premium. Summer on thin trading days often can throw up surprises. Even if you pay a premium, as long as its maintained and with divi growth over the years you should be ok Lets hope were all ready when that window of opportunity opens up and that were not too fearful or greedy to jump. Good luck with whatever way you decide to go