Member Info for Krustysmegma

Received late yesterday.

Happy Christmas & a prosperous New Year to all SAReans. Let's see what 2025 brings us. K

(ps my New Year's resolution - check the share price & RNS feed at 8.30, do something more productive for the rest of the day. GLA)

Dr_H, I fear a huge dose of reality is coming your way in the interim results next week. Hope I'm wrong but I'm not expecting any significant improvements. Guess I've been let down so many times over the years but who knows? This could (finally) be the year.

Happy Christmas & a prosperous New Year to all. K

Happy Christmas and a prosperous New Year to all. K

Nothing on HL yet.

Ouch, perhaps not! Things don't look too rosy over there, perhaps we dodged a bullet? Still paying a nice dividend though.

I thought CREI offered the equivalent of 62.1p? With dividends that's probably less than we'll eventually receive here, albeit we'll have waited a lot longer.

Still think the CREI offer would have made more sense for shareholders longer-term though. Might look at CREI for reinvesting my capital return from API.

Held up quite well so far, all things considered.

Yes, they've already announced a proposal for voluntary winding-up of the Trust following distribution of remaining funds. The question now for investors is where to place the returned funds.

...and the SP responds by dropping. Typical.

Yes all good, it's been a transformational period for the company with new faces replacing old on the Board and completion of the Grindrod purchase. Nice to see the daily charter rate still well ahead of the average, hope that continues. All we need now is a re-rate of the share price and confirmation of timing for the special dividend. Onwards and upwards! GLA. K

The bulk of the company's assets have now been sold as a job lot. The company is returning 52p per share to investors on or about 24th December (so look out for the payment if you're a holder). The shares are now trading ex-return of capital, hence the big drop. Tomorrow, the shares will also be trading ex-dividend so you can expect another c. 3p drop, but you will receive a dividend payment of 3p per share in January if you are a holder.

Hope this helps, good luck with your investments. K

Ha ha, course you did. With your 77p average.

Got it.

sorry to see you go ****i, you'll be missed.

Quick test for brainwashing carter, if you or anyone else is interested.

Question 1. MMR for children - good or bad, and explain your answer?

Best stick with that then.

Sorry, my post wasn't intended as a direct response to your previous. The Shares Magazine article is looking back at what's happened this year rather than projecting forward to next year. I think the recent pullback here reflects the market view that MEGP will struggle to maintain the heady growth seen over recent years, in line with your own view. I'm a little more optimistic, after all last year's rollout of new machines = this year's improved sales, but that assumes everything else remains the same and clearly it can't.

So, having bagged at 214, I plan to hold for now and see how the cards fall. Hope you'll be coming along for the ride, for a while at least.

AUM up 19% to £5bn, management positive going forward.

Just to confirm, I'm a buyer here still on the basis that even if they only pay 4p dividend (surely the absolute minimum?) that equates to a yield of over 8% with potential significant upside.