Member Info for Krustysmegma

"Given the successful trading result of the Group in 2021 and its strong financial position, the Board is pleased to confirm that it will return 110p per share surplus capital on 8 July 2022, to shareholders on the register on 17 June 2022. There will be no further dividend payments in relation to the year ended 31 December 2021."
That seems pretty clear to me upomega. No reason to suppose they won't pay dividends for the year to 31 December 2022 later this year and next. It's the amount of dividend they pay that is uppermost in the minds of most investors I suspect.

OK I won't keep banging on about this. I've read other people's views (thank you), I'll take them on board. I'm clearly not as enthusiastic at this news as some on here so let's hope you're right and I'm wrong. I'm in the fortunate position now where I don't need to sell here, I can hold as long as it takes (my average is 103 so I'm there or there abouts anyway) so let's see what happens. Good luck all, thanks again for contributions, talk again no doubt. K

Wow, have you guys actually worked in industry? Buying power is partly down to volume, I agree, and we've seen precious little of that so far (just to remind you, our sales for the year are forecast to be less than half a million quid). But it's also a product of buyer clout. DSM can outsource (buy) off the back of letting multi million £ contracts whereas PXS might be forced to sign volume-related contracts where low volume = high cost. Meanwhile, DSM has got that annoying little monkey off it's back and no longer has to fart about with it. I love your optimism guys, always have, but I don't see much positivity in this new arrangement whereas I do see lots of danger flags. For me, By-Health is the only reason to remain invested here now. The market agrees with you guys though, for now at least. Let's see if we're back to .80 - .90 by Friday as I suspect.

everhopeful, the expense element I'm more concerned about it this: "DSM will help facilitate the transfer of its wholly outsourced supply chain / production process for Fruitflow from DSM to Provexis with effect from 1 January 2023". Who do you think has more buying power to negotiate price - DSM or PXS??

btw for anyone thinking this is off topic, with the sp where it is currently we could be much closer to holidaying at Moggs Eye than Monaco currently...

Warty, the odour at Skeg is a bit different these days and it's not gentle. It's where the Great Unwashed go for their holibobs. You want Sutton on Sea for a bit more class.

Wow Silverfoil, I reckon you could make more as a tour operator then SAR investor - put me down for 2 tickets!! Oh, and could we squeeze in a trip down the Rhone...??

DP64, I'm sure you're aware of the chatter on SAR about naming examples of 10-fold takeover bids, what makes you think PXS could achieve that? Let the science play out and the share re-rate to 10p naturally, then look to attract bids. It'll take longer but be much, much more worthwhile for LTH's. All IMHO of course, I know others are keen for this to be bought out.

Turnover still lower than most teenagers working out of their bedrooms at home. Still a long way to go here, and with the Chinese regulatory changes holding up By-Health's blue hat claim it could be a while yet before the potential is unlocked. We all know it's going to happen sooner or later though, so I guess the wait continues.

Another raise, this time at 117. Looks like brokers will be making the offer entitlements rather than having to use the dreaded PB. This has been a solid investment for me so far and I can only see it getting better, will look to add a few more.

Let's not forget, there's always someone worse off than you in the markets. When the CEO of DDDD stood up to make a presentation this morning, their SP was up 10% in anticipation of a rousing speech. They've ended the day down c. 27% with a number of posters in that chat suggesting he looked & sounded hung over. Made Tim look like Lord Sugar!! Hey ho, better days ahead here for sure. KBO as Churchill used to say. K

Abrdn Property Income, formerly Standard Life Income. Good luck to all fellow investors, let's hope it's a happy ship. K

Thanks Monkshood, that's really interesting. I don't understand why the government (and others) can't see the solution to the energy crisis right under their noses. We need more windpower, more solar, more AD, more battery storage and we need it now. Hitting these fledgling industries with punitive taxes plays into the hands of the O&G lobby at a time when they should be supporting investment. As you say, future revenue growth is becoming harder to predict, which will act as another headwind when there are so many already.

Continued steady progress, portfolio becoming more diversified within the environmental envelope (29% wind, 28% waste & bioenergy, 22% anaerobic digestion, 21% other). Dividend target raised to 7.14p (c. 5.9% at current sp) for the year to March 2023. All good as far as I can see?

Thanks for that TheTrotsky, it is a bit mysterious as you say. On the face of it, this has no bearing on AEWU and there's been no RNS as far as I can see, so why the news item? Perhaps all will become clear. This still looks a great investment, with or without an industrial estate in Wolverhampton.

TT, what it actually says is AEWU "Notes AEW UK Core Property Fund acquired the Four Ashes industrial estate in Wolverhampton for GBP12.8 million". AEWU UK Core Property Fund is not the REIT, it's a separate open-ended fund. I assume (but can't confirm) that AEWU holds units of the Core Property Fund, but it's the Core Property Fund that has a NAV of £355m, not the REIT. Hope that makes sense. K

"In addition, the Company has paid a dividend of 2.2 pence per share in January 2022. It will also pay further dividends of 2.2 pence per share in July and October 2022. These four interim dividends, with a cumulative total of 8.8 pence per share, provide an annual payment to shareholders representing six per cent of the closing net asset value per share of the Company as at 31 December 2021."
That looks pretty close to 9% currently to me. Of course, if the NAV hasn't recovered by 31st December 2022 it'll be re-set lower then, if that's what you meant?

Finally received my placing shares today (exactly a week since they were divvied up), received 40% of my requested amount. Seem to be receiving less and less each time across the green sector, I guess that's good news in the sense it shows there's still plenty of demand for them. No doubt there'll be another coming along soon. Still looking really good here IMHO, the windfall clamour seems to have been abated for now at least by hitting oil & gas.

I have these in my ISA & now me & 'er indoors are both retired I take the dividends as an income. There are so many options available at the moment for income seekers so I keep a relatively small amount in a fairly large number of shares, REIT's, Funds & IT's. I've still got a few shares with big growth potential but mostly derisked now and sitting in my SIPP for when I need it.

Yes that's right spindok, and still waiting to find out my allocation. Good job I wasn't planning on selling any time soon. K