Member Info for Krustysmegma

Market beginning to settle after the initial misjudged sell-off, be interesting to see how this develops during the day.

Looks that way atrm2 but I should warn you, I haven't been the best stock-picker! Things are looking up here though, pushing 220 this morning.

This feels like the most important period in the history of PXS now. IF they can get through this difficult time, basically without a pot to **** in, then the future could look very bright & profits could be round the corner. However, it's not entirely in the company's hands, so can't be guaranteed. Let's hope that those in charge hold their nerve, steer the ship on a steady course and, most of all, get lucky. GLA. K

Yep, tomorrow is XD day so as long as you don't sell your shares today you'll be entitled to the dividend.

Up again today, in sight of £2.00 now. Could be a full re-rate in progress here after positive full-year results and a return to near-normal trading.

Guitarsolo, yes I appreciate what you're saying about the fund shrinking if they buy back more shares, but the theory at least is if they bought back & cancelled 20% of shares the SP should rise by the same amount. It never does, unfortunately. I'm sure there are other IT's in a similar position to VSL re the discount to NAV, combining their portfolios to create a bigger, more efficient entity might just be the answer rather than selling the family silver?
Yes I'm with HL, they're pretty good at receiving instructions and voting on behalf of shareholders. In fact I think there's an option somewhere in account management for you to vote on resolutions at AGM/EGM's, I'll see if I can find it. K

Exciting developments at TRP head office this morning, all the lights went out to reveal the coffee machine glowing in the dark!

Good market response to the FY results, another big year coming up for BLV

Thanks Sam, that's very helpful. I was hoping to join the presentation too but life gets in the way sometimes. I'll have a look on the website & catch up later. Let's hope the news on Friday is as positive as the presentation sounded - thanks again. K

Interesting to compare the miserable results here with the year-end at RGL (also released today). No dividend cut, no forced disposals to pay down debt, just a strong set of numbers and fully-covered dividend yielding over 10% currently. We can but dream over here.

Interesting to compare and contrast results here with those of RLE (also released today). Fully-covered, maintained dividend here, dividend slashed over there. Leverage being used here to maximise earnings for shareholders, interest rates hedged at no more than 3.5%. Debt being paid down over there through disposals, thereby weakening the outlook for shareholders going forward. First dividend for 2023 announced in May, would expect it to be at least maintained at 6.6p or even edged up to 6.7p if they believe they can cover it. Good work RGL, will look to add here.

Despite drilling to the bottom of the reservoir, TRP announces that it has not found commercial quantities of coffee in the coffee machine. However, significant quantities of coffee have been found next door so exploration will continue.

Guitarsolo, this looked like bad news from the moment it was announced and has continued to worsen ever since. If the Board were concerned about the gap to the NAV, why didn't they start buying back & cancelling shares? Far better, from the point of view of an income-seeking shareholder, than giving up the ghost & selling off (cheaply, as now appears likely). As adv11 says, we're likely to still be here several years down the line, picking over the bones of a once-reliable income generator driven to closure by the impatient greed of a few institutional investors. FWIW I will vote against the motion to close, not that it will do any good. Such a waste when decent, reliable income is so hard to come by now.

Dividend payment on Tuesday 9th May for UK shareholders.

Sorry it's me, that IS the right figure - £1.4262 per share, net of 20% SA WH tax.

So right at the bottom of the Dividend RNS it says "the net dividend amount due to shareholders is 142.62 pence per share (Pound sterling) - 178.28 pence gross dividend per share less 35.66 pence dividend withholding tax per share.". Pretty sure they've got that wrong but it was a nice thought whilst it lasted!

And now it's all quiet. No doubt those sells at just over .16 are their trades. What a miserable way to make a few £00.00

Here's the full paragraph:
"The Placement Price of the Placing Shares will initially be equal to 0.36p per Share, representing a premium of approximately 130% to the closing price of Tower's Shares on 13 January 2023. Subject to the Floor Price described below, the Placement Price will reset after the initial month to the average of the five daily volume-weighted average prices selected by the Placee during a specified period immediately prior to the date of the Placee's notice to issue Placing Shares, less an 8% discount, rounded down to the nearest fiftieth of a pence."
Now tell people how many were bought at 0.36p? It was 0, wasn't it?

...more lies! You haven't read it, or you don't understand it, or (most likely) you're quoting this out of context to deliberately ramp the price before dumping.

"news very soon according to some holders on twitter" Earl posted in December, classic ramping lies.