Member Info for Krustysmegma

I guess people are thinking the SP might fall off a cliff once the money is handed back. All will be revealed once the "new" shares are credited to our accounts and commence trading on Monday morning. Let's hope they soon announce the new expected dividend rate too, so we have the full picture. GLA

Stupidly timed negative rating from RBC. Hope the performance update on Thursday sticks it right back where it belongs.

What are your hopes for the shares you've bought recently Sam? Dividend income, capital appreciation or both? Best wishes. K

Mike, your predictions here have proved to be remarkably accurate! You said c. 45% share repurchase (actual 46%) at a price of around 71.5p (expected to be 70-71p depending on exchange rate). If you could predict £1 share price by next Christmas I'm sure we'd all be very grateful lol!! Thanks for your continued posting here, much appreciated.

I think you have to compare the fleet size now to when the dividend level was set. Plus the company is now loss-making. Anywhere near 1c would be a bonus, more likely 0.5c I would have thought. But obviously no dividend is sustainable whilst the company remains loss-making.

Ironically, they'll probably spend more on R&D than the PXS market cap at this rate. Puts things into perspective in terms of the opportunity ByHealth sees in Fruitflow.

I'm in a similar situation Roger. Tempted to stay for now though given the possible Glencore merger and potential impact here.

2.81p 2nd qtr dividend declared, payable in February. As an ex-EAT shareholder transferred in, that's slightly better than I expected. Will definitely hold for now and see how this business model evolves.

Reply was directed towards kievsky rather than you gixer, either way just my (apparently failed) attempt at humour. I am, however, genuinely concerned about the company's ability to rapidly ramp up production in the event of large orders being forthcoming, whatever reassurances they have given. And I don't think the Chinese will be as forgiving as some UK retailers in the event of another outage.

"Deutsche Bank Research raises Polar Capital Holdings price target to 750 (700) pence - 'buy'".

That would be nice!

Oh that's ok then, nothing to worry about. They're on top of it.

You do recall they ran out of stock in October though?

Spot on Barbershop. At some point, the focus will swing from "can they sell it" to "can we make it". At this point, plans should have been drawn up to cope with production levels way beyond ("many multiples of") existing demand, because the incredible could very quickly become the normal once all the red tape is dealt with. It would be an absolute disgrace if, after all these years to plan for it, they couldn't cope with the volume of sales generated. Let's hope they've done the preparation thoroughly.

...and a £15m share buy-back programme. All very positive again here.

Hard hats on, this won't be pretty. Could recover later though as people realise what the yield will be, for this year at least.

Been invested here for many years. The transformation in performance in the last year has been stunning! True value always outs at some point, just hope it can sustain the gains. Only cloud on the horizon for me is succession planning for when Job Curtis decides to retire (he'll be 65 in June), although he has a very experienced and capable deputy in David Smith. One to add to whenever funds allow IMHO.

Would make sense, but I'm not sure the rules for secondary placing would allow it. Either way, they weren't bought in and the trade was made at £1.32 so no doubt the SP will adjust downwards this morning. Was hoping there might have been a little more demand, but someone has picked up some cheap shares IMHO.

Be good to see the back of Montefiore, hopefully this will get away successfully without too much impact on the SP.

1. SRE is owned by its shareholders, not by Liberty Media.

2. M&G has increased its stake in SRE, not the other way round.

Thanks again for the snippets and links gixer, "light" reading for a Monday morning but much appreciated.

We'll know more in a couple of weeks time, just speculation until then. The reference to Dec 31st NAV link is reassuring for now.