Member Info for mjallen

Could be topping up Norway's sovereign fund.

The company is still a gamble either way you look at it. If your trying to claw back some extra then try it. Personally I would hold fast and await for end of year audit results. Company is still sound despite our resident whingers but its going through a transition back to a service company that originally floated at around 30 p a share years ago. I posted on my other holding in PHE that these sorts of gasification plants has a history of taking over a hundred years to turn from candles and whale oil lamps to gas lighting from coal into town gas for lighting. And then onto to North Sea gas for a multitude of lighting, heating and business use. Its not going to happen overnight. If anyone thought this was a quick profit route try spending 50 years in my construction trade of electrical engineering and then you may understand the difficulties of putting such plants together.

I see that rubbish work follows on from father to the son, Tim Yeo as a director of PHE and deselected Tory MP to his son Jonathan's rubbish picture of King Charles the Third.

On a separate note it took nigh on over a hundred years for gasification of coal into town gas to become a totally usable and cheap source of energy. So look forward to a long wait for any major profits. My shares are already earmarked for my grandchildren in my will.

Silver

How about RECLAMATION of discontinued quarries for landfill.

Even better than that. It now makes the M Dryers T.C.C left as scrap value and worthless to the other company trying to steal the patent.

What is needed is the release of the partially built TCC that the administrators are holding. Or a new one being built by others. And that includes any company including Australia who are looking to use the DMG process for their sites.

Its pointless talking to any local MP unless you can show them a working model for intended production. I know that from the times I have sent details to my MP only to be told that he has sent the details up the chain to those in charge and still no constructive replies have come back.

In my book there worth £3.64 each Mr G.

The same as the cost each I paid for them.

Quite right eccles04,

What other business do you know that takes a wad of cash, parks it in a bank account earning daily interest and only provides a service when something goes wrong. Its what makes it an ideal share for long term holders and not short term get rich merchants.

Same here HB,

There is still room for a return of special dividends when the claims or lack of show what their operating costs are. Hence why I posted earlier dividend history from 2012 onwards that showed low interims and finals but 3 years of two specials awards as profits were known. Then a follow on year that gave out one extra special dividend.

As a LT dividends collector I will most certainly not vote to have my capital sold off at its current loss.

Good find driftking

I go with the 5.75p dividend suggested for 2023 payable in 2024.

Sorry it didn't cut and paste as well as it looked from my records but the info is all there.

I took the following from payments I have received since 2012 .

Year Paid Interim Final Special Special Total

2013 4.2p 8p 4p 16.2p

2014 4.4p 8.4p 4p 10p 26.8p

2015 4.6p 8.8p 4p 27.5p 44.9p

2016 4.9p 9.2p 8.8p 10p 32.9p

2017 6.8p 9.7p 16.5p

2018 7p 13.6p 15p 35.6p

2019 7.2p 14p 8.3p 29.5p

2020 7.4p 14.4p 21.8p

2021 7.6p 14.7p 2 2.3p

2022 7.6p 15.1p 22.7p

Interesting to note that the dividends are consistent in the earlier days with specials

that made up the totals. Which I assumed to be paid if less claims are made in relation

to profits. Then we get higher levels of Interim and final payments with no specials. And a

loss of payments from then on due to pandemic.

Higher costs for energy, shortage of spare parts for DLG garages to effect length of time that replacement car hire is in place. Then of course building repair cost going through the roof

with no materials available. I doubt that any insurance company could mitigate for those

problems.

So fingers crossed we are back up and running again.

Difficult to say AP.

I sold my shares at around £12 to pay off my mortgage a long time back.

It was the good old days when BT was the main supplier of telecoms now they have some serious competition with other suppliers of fibre networks.

And no I was not a BT engineer just an independent company that supplied services to them on systems that were not in their field of expertise.

I contracted to BT, local and central government, MOD, USAF and NHS Banking sector etc.

Warren Buffet I most certainly am not. I'm afraid

Now that is something I can agree on. BKB. It's all clever stuff. Just waiting for the coil of FTTP thats coiled up on the telecom pole outside my house to be connected to me.

Yes BKB and my analogue telephone runs perfectly well over its copper cables via its Sky router broadband converted to digital format connection then onto its CW1308 copper twisted pair internal cable out to its over head 2 core cable then via a CW1128 underground copper cable onto a BT telecom cabinet where its upgraded to fibre.

Even BT refer to my fibre/copper connection as their landline up to their master telephone socket.

Even my mobile connects free of charge over my BB connection whilst connected at home.

Sorry to correct you BKN but a fibre is still a landline that use lightwaves to transit telecommunication signals instead of electrons. The other method is as you say 4G wireless that uses Radio waves to transmit telecommunications data. However most if not all cell towers interconnect via fibre landlines, under sea cables and some part way via microwave satellite connections. It would be embarrassing not to have pick up some knowledge in my 50 years as the owner of an electrical and data networking contractor plus consultancy. With regard to using the telephone their website still shows that contact can be made directly by phone and digital connections.

I put to you Paul that the synergies that would be employed by Ageas is to reduce the total number of existing employees from both companies or even just those of DLG. I doubt that any long term employee with a share holding is going to back the board in selling out. With the following benifits. It would be the same as Turkeys voting to be on a plate for christmas dinner.

DLG has 9000 employees

Benefits

9% employer contributed pension

50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover

Additional optional Health and Dental insurance

Generous holidays

Buy as you earn share scheme

Employee discounts and cashback

Opportunity to apply to our customer service and data apprenticeship to develop skills for the future

Ageas has 2000 employees spread over over 7 offices

Ageas is also backed by a Chinese Insurance company.How many more of our UK companies are going to be infiltrated by a possible link to their government.

I for one do not want to be forced into a loss at £3.64 for which I have no control over.

So no this LTH is not for selling out.

I don't see your logic B-K-B

The ICON is a telephone plus I still use a landline for my broadband connection even if it was changed to half copper and half glass.

By your logic Richards Virgin airline etc must be outdated as he and it must have lost their virginity a long time ago.

You don't change what is recognised brand just for the fun of it.

Sorry RZEZ but I should have added that the 6 beds was its original design build. However the 6th bedroom is now a second ensuite Bathroom and as such I used those identities' to carry out an online price comparison.

The good part of buying a large Victorian house is that they are open to remodel. Mine is now 5 bedrooms 2 with ensuite bathrooms and 2 with ensuite showers and WC. And the 5th single bedroom was my home office. It's the perfect home to cater for my children and grandchildren to visit when they come for a break by the sea or at christmas.

So why haven't you sold up Driftking

As far as I'm concerned the following overruled any form of greed.

Their offer which is from a foreign company would leave me as a retired person that uses Direct line shares as a dividend user to live on. Will wipe out 30% of my pension assets and stop that income from being used to buy UK services supporting UK jobs. It will be the same as the foreign owned energy companies. With UK customers supporting the EU and other foreign share owners to pay their bills.

All time that the DL horse is still running I will remain a UK backer of this UK and other UK companies.

Its just that we need to train better jockeys to run the race.

To confirm my views I just took out a cheaper home policy with Aviva instead of the Ageas quote at £250 higher that was just going to support EU shareholders profits with its higher costs. So for me it was an obvious choice. DL I might add would not offer a cost for my 140 year old 6 bedroom property on the east coast. Perhaps they thought that it's too much of a risk.