Member Info for Jatw

The sp has been consistently climbing by expansion and contraction of the spread.....atleast there is a friendly trend after several years of downward drift.

Some way to go...yet keep on buying

BBD it is billion.....AUM was 15.9bn at YE2019 per the Royal London accounts.
Approx 150k per customer

On analyst call, CFO reiterated dividend policy for an increasing dividend, but this is dependent on capital generation.
Ultimately capital generation = profits
But in the short term this is also bolstered by capital released from reserves (Eg could reinsure more annuities).

Analysts asked about Prufund....co said was operating as expected with unit price adjustments happening reflecting significant market movements.. It is still net + cash flow in Q1 and MOUs are signed for expansion to Europe.

Holding for long term recovery

Management certainly got their timing right.
I hope this rally persists....looking forward to more distribution deals and a strong FY performance. We may hear more at the FY trading update in July.

I’m with you BBD.
This inexperienced 25 poster CH just wanted to make a splash....He/she/ze needs to be considerate to others and look back over the weeks....there have been some people that seem to have no understanding of Ex dividend dates and payment dates....but the comments around whether the payment happens or not are exploring the psychology of the markets.....of course we know the SP falls when the shares go exdiv....and do not go down again when a dividend is paid. However not paying a dividend is a very different matter going to the heart of confidence in the prospects for the company. In this case paying th dividend could cause a rise in the SP as will be a sign of confidence.

How will Nasdaq respond?

Another big name collaboration...unexpected news.....
Another strand of analaysis and hope for value.....but also more spending
HCM seems to have sound governance to focus on the right options hence this additional 10/20/50m spending does not concern me.

And now China exerting its authority on HK........if you can’t list in HK and can’t raise cash on NASDAQ, then it looks better to move to the main UK market and be FTSE250 with prospects of a FTSE100 in the not too distant future....

Looking at retail for the first time, current holding vets (Cvsg) and pharma (dph) because pet care spending is increasing...

AGM this week should be accompanied by a trading update and dividend....not much has changed recently so I expect the divi will go ahead.

See grayling below.
AZN will gain a new factory and new capabilities as a result of Covid vaccination work....these will be tangible additive gains regardless of how the vaccine progresses.
There will be no or little profit from Covid initially for any company so it really does not matter who is ahead or behind in the next few weeks.

Nothing easily searchable / RNS/ company website...volume not particularly high.

Maybe something will emerge later today or tomorrow.

Romping away this morning..

Looks like the dividend was affordable and the BOD Acted too soon.

One issue is the length of time the shares trade ex-div......some cos have exdiv after the AGM and pay a week later.....seems fairer to SH to me.

Sorry to see this fund sell 60% of its holdings. Not sure how long they have held but the recent rise from 20p must make it tempting to lock in some gains/ reduce losses.

Why would a Maltese bank have a 3% stake?

Unless trump goes all in to stop US investment in overseas and especially Chinese companies, I can’t see this having much impact. HCM operates in China (and US) and is Cayman Islands incorporated.
There could be some increasingly nasty rhetoric as the election comes into view and Biden keeps ahead....

BTW the volume on AIM has been good this week, but I really don’t understand why there are trades of less than 10 shares....you don’t see this with other stocks..

The management and UKSA may both be right. The value of asset maybe down...but if they are in a POlicyholder fund they have little to no effect on LGEN.... annuity portfolios are designed to match the cash flows of the annuity payments so unless the Bond defaults there is no direct impact.
IF the bonds are “own assets” that will have an effect on surplus assets, however the own assets are often higher quality and may have increased in value.
I suspect there is a selective use of estimates by an external party without sufficient insight into the actual position of the company.
I am with the BOD on this one....assess the strength of the company and pay the dividend if that does not endanger the prospects of the company.

Main board fees would be £625k admission fee and 85k annual fee vs an ongoing aim fee of 76k.
Not sure if there is a discount when moving between aim and the main board.

Interesting what info is on the web....

A legacy of the pandemic is likely to be improved personal hygiene of which mouthwashes are an important element. I don’t expect Dentyl to surge in popularity vs Corsodyl / Listerine but if it can ride a growing market and add a few % market share it will be doing very well and I would expect this to support further value generation.
As a minnow, the company has a long way to go....to get picked up by more institutional investors. If the prospects are really good,I would expect MBO to be on the cards.