Member Info for Gerry557

for 31 Jan 22 shows a 4% holding in BHP again!

"Hopefully they own nothing the Chinease government are going to get a hump on about."

Unfortunately, they seem to get humps about almost anything. You can't even play tennis.

With funds from the UKCM sale I have added another lump of these before the results come out shortly. Im expecting an increase in NAV, rent and hopefully another bump in dividend at some point in the year.

Not sure why they are paying out in July and Aug this year rather than a more space out period. Hope they keep a Dec payment.

I sold these yesterday morning.

The reasons were the dividend level, despite the bump its still quite a low yield and the history does not suggest that there will be many increases. I think that was part of the reason for not investing previously anyway. It also hit my initial reasons for buying. The discount closed the NAV increased. This offered me just shy of 13% profit so effectively a few years dividend ahead of schedule.

There was also another couple of things that tickled my spider senses. No link to the results webcast. They made it quite difficult to access this by giving a general company name in the RNS. So I was late to the meeting. There were not many questions asked and whilst typing my own they said their goodbyes so I didnt get chance. Not great comms with shareholders. Even the website doesnt give you access to the latest information several days later. Id expect it to be put on the website at 7am that morning.

I will contact them about some of these issues just incase I want to reinvest. The funds have been funnelled into SREI instead. Hoping they follow the initial reasons why I invested here.

So divi bumped as expected. 0.75, assuming its carried through give 3p. Still not at pre pandemic levels but does reduce the sell signal pressure, for a bit anyway.

The NAV is bumped up to £1.02 so there is an increased discount but that might close again. SP in the red at the open but quickly moved into positive ground. Im not sure what the average trailing discount is. Something I might have to look into.

So holding for a bit longer and likely to collect a divi. I suppose there is scope for the divi to rise again next year. I hoped it would be more than this but previously stated they might be conservative whilst things play out.

In the longer term, assuming the divi gets back to historic highs, will there be a progressive dividend? They had many flat years so there are questions to be asked.

With the SP hitting 52 week highs my spreadsheet is approaching a sell signal

Hopefully the update tomorrow will bump the divi so as to take some of the pressure off the Sell signal.

I hope it meets market expectations otherwise it might take a tumble.

Over to the NAV and divi gods

Google Finance has finally got itself sorted and my spreadsheet now works again.

It had a few goes on and off throughout the day.

The shares have got a bit more expensive whilst they were fixing it. Mr Market starting the month on the up too

Spotdog1

I suspect that its part of the swap over from RSDB to Shel and the company changes

Give it a day or so and I think it will all get sorted and the shares will reappear under the new name

Google Finance has now lost SHEl and or shell london

You would think that they would add the new ticker whilst running the old one, then on the changeover date check the new one is working before getting rid of the old.

Both tickers now upset my spreadsheet. Get a grip Google

To be honest, I have no idea. I did read some time back that there was some significance to a trade of one share. This was some sort of signal or conspiracy. Obviously I've not taken much note.

I dont know if reinvestment of small dividends might be a reason for some of them but I would expect them to be done on set days. Hopefully someone else might come up with something more accurate or possibly factual

Another buyback. Well at least the share price it 2 quid lower so makes a bit more sense they spent £150m previously but now the SP has dropped there spending less just £50m.

Buy high, sell low!

Still might push up the SP for a bit. I was off the ball yesterday. I meant to buy a couple of shares on open at ex divi but was busy elsewhere. Still there will be other opportunities. This was the second share on the list but it would have been a foothold not a full repurchase.

MrMath
Im not sure you can reclaim for those in an ISA but being a REIT I thought it was paid gross anyway, sorry if I have this wrong. I agree about the way the income is classified but fortunately mine are inside the ISA wrapper.

Cardplayer
A 0.76 divi is a bump but still below the 0.92 pre pandemic but I suppose there might be a catch up drag and they might want to play conservative. Maybe a special allows them to cover both angles

So the £12.67 buyback doesn't look too good right at this moment with the SP dropping to 1060s. Still its only shareholders money and the board might be good at running a water company just not so good as share dealers. Anyway wots a couple of quid between friends?

The good news is the yield has now risen to a more respectable 3.36% and goes ex divi this week. So another 11.7 to come out of the price. Its starting to get a bit more interesting and the markets are spooked too, do we wait for the bombs?

I thought Id moved on from PNN but just added it back to my watch list

There used to be a price difference between A's and B's. Under new Shell (SHEL) I think the A's are going. So what is the detail on ridding the A's.

Sorry not really looked at this issue but note the prices are now quite close. I can see much on the investor relations web site on a quick skeg?

ULVR just put out an RNS and comments

Accordingly, we will not increase our offer above £50bn.

So I might be getting some free new company shares after all

Sounds like someone had a word in his shell like

Forgot to mention its in the RNS

This should slow the fall in the SP as there is a cap on the outgoings.

So is the offer left on the table with a deadline?

I doubt GSK will now jump in and say OK then

Is the deal now dead?

NoQuestionMarks
To be honest I'm not sure why GSK is splitting. I know Woody called for it years back when he had a fund to run. Plus if its so good, why sell.

I suppose the tax issues over a deal complicate things more than just splitting off that part. I was hoping we might get more indication how the split would work for GSK shareholders before a deal was muted but ime and timing might be as important as the price.

"I would leave a £40-£45bn cheeky offer on the table for 14 days and walk away."

You will be walking for a long time. I dint want to deal at £50B but now, sure £10B less is fine! Oh and dont worry about those shares you were going to give me dropping 7% either.

As a GSK shareholder too ........ your fired!

US market closed today so no dip expected later today due to them opening.