Member Info for Krustysmegma

I'm free carried in a SIPP lti so it's a slightly different scenario. At this stage I'm looking for capital growth before I start drawing on my SIPP, it's hard to see a better share/trust with more growth potential than III, but on the other hand I've got more than 25% of the total value in here now after the recent spectacular rise, hence the dilemma. K

Who knows, they've pulled many rabbits from the hat in previous announcements so here's hoping for another one. I think the markets will be interested in some indication of how things are looking going forward, most of the reporting period activity should already be priced in. Be an interesting read, as always. GLA.

Over a year now since the initial issue of 'B' shares and return of capital. No sign of a follow-up yet, so who knows what's going on?

Every time this passes a new record high (£42 this morning) I think I really ought to sell some & realise a gain. However, I keep being drawn back to the comment in a 2024 Board report: "We model 3i Group receiving £14bn of dividends from Action by 2031". Now these models can never be 100% accurate, and who knows what devastation The Donald will have caused by then, but with 965m shares currently in issue that would equate to c. £14.50 per share to III. For reference, we received 61p in the last full year. Makes you think, doesn't it??

From last week's Shares Magazine:

"Supermarket Income REIT is a durable cash machine to own"

"These are not run-of-the-mill stores, but omnichannel grocery pitches that are dominant in their area, providing the full range of in-store, click and collect and online shopping. That means net rental yields of 6%, higher than real estate sector averages below 5%, with in-built inflation-linked reviews."

"The portfolio has an average term to expiry of 12 years. In short, long-run rental agreements with bluechip clients that won’t expire for years, resulting in an income stream which should be predictable and durable."

All confirmed by RNS's now. Surely this is the best outcome for the time being, still undertaking due diligence (so taking it seriously) and not walked away. The market doesn't like delays but this still looks sensible to me.

Yes, interesting spike at around 1.30 too broomtree. Possible bid speculation which was soon denied? Speculation about sale of remaining tax credits?? Who knows, didn't last long whatever it was.

Wow, that's terrific! Not quite the 5.5-6p I'd hoped for but I'm not complaining! May was always going to be my best month for income, this will supercharge my portfolio now. Be interesting to see if the sp rises into 17 April XD too.

Think he's on an enforced break, like his other alter egos Puma, Robin etc.

He said his effective dividend was 73p. Sell high & buy back lower, your effective dividend is therefore higher.

Atypical SAR this, no news & 50%+ up...

Sorry bailiff, looks like tax year-end shorts being closed. Or people using the last of their ISA allowances. Might be an interesting day...

Harpazo2, couple of things to be aware of:

The ex-dividend date will always be the day before the record date.

Shares almost always go ex-dividend on a Thursday on British stock exchanges (not sure how they operate in other countries).

So yes, this went ex-dividend yesterday as reported.

Obviously it's dependent on the results being positive, but given that proviso, publication in a peer reviewed journal will be beneficial to the share price for sure.

Sorry to hear that Riverboy, never a good thing when you have to sell low. Let's hope your remaining 40% come up trumps (excuse the pun) soon. K

"by not later than 5.00 pm on 17 April 2025"

OK thanks Monkshood, won't be long before we find out.

I'm out. Shifted what was left of my investment into TFIF (not a recommendation, DYOR etc.).

Taken a bit of a flyer here. Last year, the final dividend was 3.96p which was the total of remaining earnings for the year. Looking at the corporate slides, and having watched the Spotlight event yesterday, this has been an exceptional year. They also confirmed during the presentation that 100% of earnings would again be paid out in dividends, and that the dividend would be declared next month. So, I'm thinking this might be 5.5 - 6.0p this year. That would be c. 5%, just for this one dividend. I could be wrong of course, but on that basis, I've bought another chunk.

Just added 1/2 mil, could have bought the full 1m but decided to hold off for now.