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I haven't received anything in my HL account yet either.
I agree broomtree, only 5% of the NAV returned to us so far. I'm hoping for at least another couple of 2p divi's, then maybe a couple at 1.5p or so? Who knows though, certainly can't be relied upon like it has been in the past.
Jeez give it a rest guys! It's only just 10.30, check back at the end of the day. If there's still nothing in there check again Monday morning.
9th April: "Shareholders are reminded that the issue of B Shares will not reduce the number of the Company's ordinary shares in issue. However, following the issue and redemption of B Shares, the NAV (and NAV per ordinary share) will be reduced by the total amount of capital returned and the share price is likely to reflect the reduction in NAV. The pence per ordinary share amount of any dividends is therefore expected to reduce as a consequence of the reduction in NAV and, over time, through the changing composition of the portfolio."
Stark indeed! There are no doubt some real opportunities in today's market, the trouble is there are many bear traps too as you say, & spotting the difference is getting harder & harder. Mainly because it's becoming more & more difficult to believe what many companies are telling investors, IMHO.
Hope you've had a great time in New Zealand, safe journey. K
Just to answer my own question, 3i received £375m in dividend payments from Action over the last year and paid out £541m to shareholders.
Agreed, very strong set of results. The SP is getting a long way ahead of the NAV which I think might explain the pullback this morning, opportunity to buy more because mid to long term this is only going one way, powered by Action.
Annual results due tomorrow, 1st qtr update should follow soon. I keep meaning to check if 3i is now receiving more in dividends from Action than they're paying their own shareholders - I'll have a look tomorrow. New highs being set again this afternoon, that £30 is getting ever closer. Think these broker targets should be pitched closer to £35 now, given the potential for Action to expand it's business farther & wider...
Fisherking, I don't pay a penny in tax on my dividends. But then, I've spent the last 20+ years diligently moving investments into ISA's for me & my wife, taking advantage of the excellent annual allowances available.
I think you need to reset your password strictly, someone is pretending to be you on LGEN & MNG!
Seriously now, welcome to the rest of my world. As well as TW., BDEV & PSN I'm also in here, MNG &, for better or worse, JUP. All had their merits at time of purchase, but it's been a bit of a roller-coaster. I bought my MNG for 205 (stop laughing) so that's not too bad, my average here is 277 so not great, & I don't even want to look at JUP although I only have a tiny holding. They've all helped supplement my income, and I'm still hopeful I might get my shirt back eventually. I don't do tips (I'm a terrible investor, mostly) but as you've stepped out into the shark-infested waters, you might want to run the rule over REDD & MEGP. Both still appear to have considerable growth potential whilst already paying a decent dividend.
Good luck, don't forget where your footings are though. K
Still under water here dave so won't be selling any until c. £7. We'll need plenty more good news to get that far. In the mean time, happy to keep collecting the dividend. How about you?
There'll always be a place in the markets for short-term traders, & good luck to them. They help with liquidity. Whilst I can't speak for all LTH's, I'm not in this for a quick doubling of my investment, I want to be here when the potential in this share is realised. So I get far more worried when people say they would accept an offer of, say, £3 because that way, someone else is going to get the benefit come the day instead of me.
You're right silverknight, we don't have dividend dates going forward which would have been helpful. However, it would be normal for biannual payers to declare an interim dividend with the half-year report and a final dividend at the full year.
I'm not sure "loss leader" is the description I would use for 1801. Best-in-class in a market worth c. $40bn would lead to a profit leader, & a big one too! More than big enough to fast-track everything else in the pipeline, if we haven't been gobbled up by that stage. Any advantage for 1802 created by 1801 is a healthy bonus as far as I'm concerned. I'm certainly not going to talk it down.
At least RLE has been moving in the right direction over the past 3-6 months though saintly, unlike RGL and many others. Long way to go to get back to pre-Covid levels but going the right way. Shame it's being wound up really. If VSL is anything to go by, it's going to be a long, slow process.
Was hoping to fill a last little gap, 10,000 @ 23p, doesn't look like I'll get chance now.
Oh, right, you all made it sound so much more interesting. Maybe tomorrow.
I can't see the RNS you're referring to, has it been withdrawn?
I'm planning to add another 4,000 at these levels once I've freed up some funds, paying a very nice dividend and sure to come closer to the 109p NAV reported on 31st December soon.
Hopefully broken through the resistance at 80p now, onward & upward.