Member Info for Krustysmegma

Nothing on the company website since 23 Dec last year. Bit fishy.

But MNG would not exist if it was taken over Cheapsharesboy, so how could it pay a dividend? Better staying as it is for now, nice little earner IMV.

Yes, I did speculate last week whether c. £8.50 might have been the bottom, looking increasingly like it was. £10 being paid this morning & news due later this month. Of course, you never know with TGA, anything could happen.

I was wondering if this might be on anyone's radar Lokiloo. £500m mcap now so somebody will need deep pockets. There's enough money around for it to be possible though and certainly wouldn't surprise me. I'm very happy for it to continue growing & paying a nice divi for now, ask me again at £2bn.

Not really, mostly speculators rather than investors. Few fingers burned perhaps but they'll get it back tomorrow somewhere else no doubt.

You're welcome! I'd much rather see a merger with JUP than a takeover by US or Aus private equity but that's probably just me!

Fair enough SD235, I stand corrected.

mazaa, I wouldn't worry about it, the market doesn't seem to be taking it seriously.

If any offer did come, it would explain the terms for shareholders at the time of the bid.

NAV £5.40, not £9.

At least you got the 16p dividend right, so I guess one out of three ain't bad?

XD 2 March, not 3 March, so trading XD now. XD almost always on a Thursday in this country.

WoWS disgraceful. Just think before you post man, if you're capable of it ffs.

No worries, I got it wrong the first time I read it too! Not great news for PSN holders unfortunately. Hope the news is better for TW'ers tomorrow. K

tophat - wrong! The 110p relates to 2021; the 60p is the full & final dividend payment for 2022, hence the SP dropping 10% this morning. Read the RNS again, or go over to the PSN board, you'll find the explanations in detail there.

Target increased from 170 to 180 this morning.

The only disappointment for me is the 3p final dividend. The Board indicated that dividends would be paid in a ratio of 1/3 interim & 2/3 final, leading me to expect a payment of 5.2p in May. However, it would be churlish to be overly-critical, given the 6.5p special dividend payment received in September 22. With expected profits for f.y. 2023 expected to be between £61 & £65 million, and a commitment to return 50%+ to shareholders by way of dividends, I think that should equate to c. 9p of expected payments? That would be around 6.75% yield, and an expectation of capital growth too. I'll take that, thank you.

Bloodbath over at PSN, annual dividend cut from £2.35 to 60p. TW seems to be riding the storm pretty well, I'd expect results here to be closer to those of BDEV than PSN which should support a sensible (if reduced) dividend.

Well, there we go, market now closed & still no sign of the promised results. Maybe overnight / 7.00 am in the morning?

...more manipulation on here in the past 3 or 4 days than many shares see in a year. Worse than AIM.

Hmm, I think it's ok to panic now UglyButler:
"ME Group International plc, the instant-service equipment group, will announce its Annual Results for the financial year ended 31 October 2022 later today, Tuesday 28 February 2023."

... and now all the way back up again! Most odd!!