Member Info for hitman1a

Plenty of long term shareholders are happy with 5% dividend yield, which is about to change to 7%. The purpose of this transaction is to attract more income seekers and push the share price nearer to £5. I actually think we will add at least 5p each week over the next month.

I still keep an eye on this.. the share price is doing very well.. shame I sold too early..

GL to all.

Better the excess capital is returned to shareholders rather than say policy holders .

Better to pre-buy any shares now , if you want to keep the same number of shares post consolidation imv. I've bought as many as I can.

Price is £4.3250.

There will always be some people who entered a lower electric and gas reading on the 31 March 2022 rather than their real data.

Probably best to use the recent Brokers tab to get guidance of where this will land.. currently 480p to 530p

31p/430p is a a fantastic 7.2% yield.. LGen at 6.59%, so also indicates 470p target minimum post consolidation. If we look a year ahead at 33p , then that's 7.67% yield , or 500p target..

Looks like investor fatigue to me if your not holding until post consolidation.

"It all just seems a waste of every investor's time, leaving some open to CGT at a time they did not choose." **************************************************************************************
Why worry about the CGT if your lucky to be in this position.. Just buy them back within 30 days.. using the 30 day Bed Breakfast rule.. If it costs you more to repurchase the same shares, you'll be registering a small capital loss and equally if it costs less to repurchase, then you'll be registering a small gain.. If it's exactly same replacement cost.. then your fine..

The CGT isn't an issue imv.. What's important is that it's not a dividend so no tax to pay especially for non-isa holdings.

Surely if you expect the shares to rise , buying 10000 shares today at £4.30 and aiming for £4.50 by the 19 May gives you enough profit to offset the loss you have calculated plus you get a chance to win more on the 19th if the markets move the share price higher at the open due to the new higher yield

Bought more at 4.28p today.. 31p/428p is 7.25% which is excellent.

428p plus 14.7p div is 442.7p/ .. Out of interest we were 444p prior to going ex-div and at 431p today we were slightly ahead.. which is a very good sign..

7.25% is better than a 1% savings account as I expect the Aviva share price to trend upwards given the post consolidation yield. GL.

We know the next annual dividends.. about 31p and 33p. and the activist calculates the Company could pay out up to 50p/yr. so think we are ok.

In the meantime, it's just us small chips wanting to be big potatoes.. only 5 weeks to wait.

I believe this will trend to 460p in the weeks to 13 May.. Yes, between the 16th and 31st May , there is a chance the SP will go higher and the B shares money will have to pay a higher price.. but at the current ex div price of £4.26, the yield is 7.3% so I have bought more just now..

I take on board the posts about these deals not going so well, but the same dividend pot divided by fewer shares indicates a higher price in the future.. Even ABDN pays 7.03% today.. so AV at 7.3% is oversold.. A 6.76% yield would indicate 460p . Must admit I think £5 plus all day long once the big boys get their B cheques..

£4.444 nice finish .

GL.

No , nothing to do with dividends , it’s just a return of capital

Guess Recession is perhaps Q4 .. but some smaller business' are already in it..

What if the share price goes up on ex-div day.. ?

600p is correct , as per recent Morgan Stanley broker update yesterday.. bull case.. ie if your happy with 5% , then you'll buy even more as funds become available,

Other brokers are 480p/520p which is why I think this will start to trend higher next week... We might get to the 13 May at 480p and reopen on 16th May at 485p plus.. and then move higher once the dividend money gets reinvested on 19 May and B shares money gets reinvested on 31 May. That's an awful lot of money that was happy at 5% and will be delighted at (500p/31p) 6.2%. Any upside to 600p depends on the big institutions.

A new tax year and perhaps some fresh ISA funds will find there way here seeing dividends and a bit of capital gains... It goes ex-div tomorrow so I'm holding for the dividend which is a bit like "cash-back". The destination point of say £4.80 is not too far away.. so I think the SP will trend towards this before the transaction date. In a way this is best as 100% of our shares gain from the upside.. Perhaps £4.65 pre consolidation and £4.85/£.5.20 post consolidation.. I doubt we will be sideways at £4.40 until 13 May.

The B shares have a value of say £1.0169 on 16 May and are sold for same price on 17th May. can't really see a gain .. The original shares carry whatever gain/loss you have.. Well , that's the way I'm treating it until I read something else.

The current dividend yield is 5%. If the share price doesn’t go up post consolidation, the yield will be 7% , I assume the share price will move higher after the event, The current cost of living and inflation will persuade people to ditch any remaining cash isa’ and chase yield. Also the dividend money comes just after consolidation so I know I’ll be buying what I can with those funds . I doubt the price will still be giving me 7%

£1.0169 per B share and 76 per 100 consolidation

Seems alright , let’s see how the market reacts .

Allianz is currently 5% yield , same as Aviva .

31.5p gets us above £6 per share post consolidation.

Clearly we should have sold last week at 4.58p and rebought today at 440p , but I wasn't expecting such a drop even if the Company had stopped buying shares last Thursday.

The 14.7p dividend is fixed, the £1 capital payout is fixed, and the most pessimistic destination point of £4.80 post consolidation seems almost certain.. So just hold and top up imv. £4.40 to £4.80 is a good gain on the 75% balance left and you get to keep the dividend as well.

What is the share price moves over £5+ in June.

It’s in this mornings RNS , lower down , small paragraph .