The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Found this on the internet https://i-stock.uk/#open
couple of videos
https://www.proactiveinvestors.co.uk/companies/news/208800/tavistock-investments-signals-intention-to-pay-maiden-dividend-as-fum-rises-again-208800.html
the ishare app due early 2019
The notice of AGM in the post states
resolution 4 and 5
The directors are seeking authorities at the agm to allot ordinary shares as well as a disapplication of of statutory pre-emption rights in the respect of issues for cash or otherwise
Directors propose 2 resolutions to obtain authority to issue shares
(res4) 1st an ordinary resolution authority to issue - this would be done on a pre-emptive basis and i would be entitled to buy before going to market.
(res5) allows them to alot equity securitys (£1M)on a non pre-emptive basis
so would it be prudent to vote against res 5
typed on iphone excuse spellings
https://tavistockinvestments.com/wp-content/uploads/2018/08/Tavistock-2018-AGM-Notice.pdf
is this a dilution / free cash for directors/ or a means to fund something else comments please
On the company web site Helium have increased by about 0 .4% to 4.88% - City Financial down by about the same to 5.28% -from last week .If He (helium chemical symbol) had to buy from the market a significant sp increase would have resulted imo - .City F must be aware of this - would like to know what city was doing with the cash or why they sold
Roughly 25% of AIM pay a dividend & of that 1/2 pay more than inflation rate - a few years ago aim dividends were scarce/rare
sources quoted
http://www.proactiveinvestors.co.uk/columns/stockpot/27396/dividend-payers-on-aim-not-as-rare-as-you-might-think-27396.htm
The egg is a long time hatching - it might be floater
i expect the intrim result to be in nov/dec will be the time it will be announced - the carrot always seems to be unreachable- the share holder deserve a good 1st div . been a long time waiting but dont think it will be higher than £0.002 - should bring the share price over 5p mark though- the mother inlaws crystal ball broke so i am only guessing
it appears to me that city financial sold a portion to helium. The list of significant share holding -the list of holders grew but the total still comes in around 55% city had about 10% now its 5.51% - see my post in feb for ref
no comparison to st james place - they pay a div- they make a profit - bigger - more well known-like comparing cod roe to caviar - 55% of shares are owned by 9 holders in tavi -when/if share price gets to 7p a lot of people who payed 7p years ago will cash in - getting fed up with this share - going to sell if nothing happens soon