How well protected is that dividend? Let's remember that dividends are paid with cash out of retained earnings. In the current period, divided accounted for around 55% of retained earnings (current period earnings inclusive.) What that means is that one simple shock to earnings - Directors get bigger bonuses (!) or there isn't a good sporting event in 2015 (!) or point of consumption cuts just a little deeper than imagined (!) means that this company will have to cut the dividend simply to enable a legal payment - It will be out of the director's hands. One sniff of regulation in a foreign market puts the dividend at risk. It's on a Knife edge. Milk it while you can, but the recent directors change to remuneration reflects the fact that the divided can not be placed in safety by the directors - there are global political and economic headwinds that will influence it's payment.
In simple terms: Because private investors buying and selling does not move the price of these stocks, what moves the price of these stocks is some Essex boy trader sat in the City soaking up all those buys to satisfy a big sell he has in the pipeline. The price you see on screen is just an MM guessing what will make him the most money.
But you still checked my history to be sure...... PS. This is now 6 remarks
(Hopefully mine)
If any of you honestly believe that individual buyers and sellers are in any way responsible, individually or collectively, for any significant share price movement of a 60p mini cap stock, then you need to go spend 30 years in the City and realise there's a single Essex wide boy trading this stock up and down and taking you all for a ride. Give Bobby Benton a shot at Lingfield 15:00 and stay far and away from the Buy button - you're just fuelling a City boy's Ferrari for the weekend
Who guaranteed the divi for you? Did you get that in writing? Could you fax me a copy?
who would have qualified for these shares "will be compensated" - with what? Shares? at what price? Shares in Lloyds? Or cash equivalent to IPO value or current market value? Investor Relations are being perverse in respect of this matter. I'd work on the assumption that you get nowt
You're too late the Spanish have stolen them all. TSB planned this all along - lure you in with a free share offer, get you to prop up the price, then sell the bank to finance huge management bonuses mwahahahahahah
Errrr... but there's two elements of a ratio... the denominator could decrease from impairments.... which is likely to happen hence price ...
This will fluctuate until rights issue is announced next week, then it will go to 600 New board mentioned now so they can clear skeletons out of closet in these results, then build Next week will not be pleasant
Sell on the News Any good news already priced in Profit taking - money has moved onto the next story 5yr picture for lifers is still rosy So long as Millipede with his 100 tax-legs doesn't spoil the party
A gentleman never tells. Of course, gentlemen also prefer bonds.
That's the game - Buy low and sell high - simple, really Beware - the share price will likely suffer on bad news from Greece, which will push the yield up Management will then use the high yield, currency headwinds as an excuse to cut the dividend Share price will fall further Of course the share price is a component of the yield, not the dividend - but the pundits seem to forget that. Watch this space - "This level of yield is usually unsustainable"
Here's how the world works: 1) Shares mag ramp a share that their friends hold - Although of course I'm sure they come by that information in a completely legitimate fashion. 2) They sit back, let it rise, and more private punters pile in and get excited. Pats on back all round. 3) Shares mag give it another little bump - hell, they were correct on their first call, might as well bask in the glory. 4) Those in the know sell out at a profit. Consider most recent share price performance for this wonderful stock. 5) Private investors with their £500.00 positions left holding the baby. There's a reason Shares mag doesn't sit on the desk of fund managers up and down the city. It's the National Enquirer of the investment universe. Greece is about to implode - let's see what the Euro dividends are worth then. How likely do you think the left wing Greeks are to let their impoverished population gamble away money paid to them in Euro-loan benefits?
Christ anything but that - the curse of Shares mag. Where's the sell button.
If a fiver for a copy of the IC is a concern, there's no way you should be investing in this widows and orphans stock
@Mathsman That's exactly what a Pisces would say. Over-sensitive an indecisive. Taurus here. There's a raging bull market coming in gambling stocks.
I suspect that the recent sell off heralds an acquisition with an associated share placing. ---> Is that information in the market anywhere, or are small private investors the greater fool here?
They haven't even put out a full year's listed results yet. Their whole business model is based on exploiting a marketing database to sell services. Personally, I've had 2 letters. Everyone knows sales are made on the 8-10th contact. This stock needs time to mature, but the gains will come. If you're looking for something quicker, go short oil to $40. Or sit tight here and get rich slowly :)
Thanks will take a look