Member Info for Patexd

Why not ? What do you think ? I would like to knowwhat their game is!

EGM on 15th October to approve a rights issue at 1 preference share for every 10 ordinary shares offered. These have 5% coupon and are converted to ordinaryshares next year. No mention of whether the GDR's are included and not ery clear what they need the money for as I see it !

does anyone please have any idea what this company is worth to a buyer.? Steve Norris obviously thought it worth 7.5p a share and he has a liitle more than doubled his money. Does any other company really NEED this company ? Maybe for a take it or leave it price? Norris might given a Conservative Government be given a carrot that gives the company something more to offer -but have they anything that warrants particular enhancement of the low share price?

I sometimes thought that with low interest rates this company might have a window of opportunity. But the window is only for them if there is one. Do we ever see their hope of rewarding their shareholders NEVER. In our country we have a culture of dividend paying . when in Rome do as the Romans do when in britain embrace our culture. I would never touch these with a barge pole. No problem -a private company but why list on Stock Exchange if you are only on the scrounge .?

From website -record date 18/9 pay date 13/10 1.75p per share for quarter.

PS Any broker will sell you these but Prefs not quoted on LSE for some odd reason!

The ANLA & B have good yields but the ex date is recent so you have to wait until next year now for any interest. The A series i excess of 10% are much superior if you buy now because they pay a stock dividend if there is ever insufficient cash. Santandar recently offered Tier 1 new securities for both stocks that convert to Libor Plus. Take up was greateron the cheaper lower yielding B stock which is now less liquid as a result. Overall ANLA one of the better Prefsalong with NWBD and historically has been as high as 160p. It is a mater of opinion whether we are nearing the end of a bear market rally - whether this will lead to a retracement if so or whether well considered holdings will in a low interest rate environment substantially keep their recent gains.

Sure this French property stock iswell undervalued

500 shares at 150 =£750 Not to be sneezed at. !

They are expanding into India. Amazing the number of smaller restaurants using this company particularly now wine is more expensive in the retail shops and not everyone lives near a port. But one little perk this share is worth buying for is you can buy there as a private custocould well go higher mer -they will send you a card . Handy if you want to extend your shopping around. Shares come up quite a way but could go higher on the growth prospect.-

The CEO of Santandar Emilio Botin has been taking profits - Moneyweek another article in its Spanish Bank hate campaign-only gold is OK with them -were is their secret gold mine. But in my opinion gold is just a Vix index -gold went through the roof on 1970's inflation and from 1980 fell for nearly 20yrs. The central bankers may get better at exiting the stimulus packages than theyare given credit for. If paper money collapses so do they. Whilst thinking Santandar has risen too fast I think Spain is a sun belt country - it will recover and Santandar shares bought at £6-£7 are OK.

Well having sold my 350 I got back in with 500 today at 41p. I am still hoping for another 500 at 25p. then I am hoping for a long rise in this share over a few years to at least 500p. Well Bangladesh has still low input prices. As for fungibility well we will have tosee -currently not allowed by Bangladesh law but they might catch up with these things and as they seem to want to be a truly Global Company that is what they should do. Well if they made 250p in a couple of years it would be a useful investment. I ithink CBSF is trying to make a quick buck !!! Good luck !

Australia -close to BHP Billiton. Buy on any weakness. Coal metals uranium. Dividend increased -shareholder dedicated. Royalty based -takes the money at source. Shares still being bought shows the strength there but was better bought in bear market of at safe distance before bull market peak. SP has been to 240p. Ought to surpass in time -when global economy in manufacturing picks up- will it !!!!!!

May drop to 25p. Certainly a good spec there!!!

Saw good comment on ADVFN about this.Share has been ramped up. AIM market just a money raising operation for Beximco bosses. Fungibility a pipe dream . You have to buy the real Dhaka shares!!!!l

I am pleased to read your optimism as a small holder of this share but I think it is quite right to be nervous if their earnings are being clamped by the regulator and we might have quite a bit of inflation out there ahead. I am aware of the rumblings about markets running too fast and this type will be coming back into favour soon. Yes of course defensive sectors will be less hit but will it not be an opportunity to sell this one to hell -to be sure of getting back in there high and dry. PS I am not selling -I AM WAITING TO BUY I have 150 shares too many only!!!!

Still worth a punt ! Divi mightt be reduced as its very high but not expecting any shock. But economic growth has turned positive in France where there are 90% of the assets. Still 10p below NAV.

The reason if you look down this thread or elsewhere is because part of their business was sold off last year -the electricity units and capital returned to shareholders. The dividend was reduced by 30% from 46p per annum. The SP has fallen from 780p to 720p at consolidation to 5-540p on that. But problem recently has been the regulator who has given them a tight constraint for next 5 years in fact an actual price cut in 2010 and +0.6% over a five year period. It is not final until November so there is uncertainty. On the face of it a yield well over 7% at the present time -next interim ex date in December. While the Government helps the banks that are sometimes irresponsible look at the way they treat a well run water company. Maybe they think the share holders get paid too much and that it doesn't matter kicking the share because if it goes down more the yield is repaired and the water charges are kept down.Even if inflationgoes through the roof in next five years and the company has all the extra costs with no remedy but to wait for the next review . I am right I think? UU has a lot of debt in the bond market but secure earnings after defaults from people who don't pay their bills - maintenance costs in pumping and leakage but an abundance of supply in NW England. They have got the maintenance contract on the electricity units and thesale cash paid down some debt . Also new contract with Southern Water. Why did Directors recently buy shares in the company at 502p ?!

That 360 p I put that as really a most outside figure -in theory if you see the company as having a handicap of no growth in earnings theoretical a tail spin is feasible but bearing in mind thetype of company with a safe product in an area that has abundance of it -there is resistance. Goldman is clever they are doing this at a time where certain sectors are having a respite property banks -the bull market favourites but on last bull market UU had a good mandate from the regulator. Having said that SP is coming down into a range that is plausible-what is being scavenged is a bottom pit low to come up from. If sentiment changed -they all decided that this recovery is a monetary induced fraud then this share would be a star ! I will add as it goes down but only in very small numbers. Yes SSE is good -Centrica is a pain but see -you sometimes have to swallow to gain I think -and they increased the divi ! MGT done well but would notbuy now. Good Luck

Note there has been NO divi cut ! It was reduced last summer by 30% but that was in a schemeof arrangement involving a return of capital on the sale of electricity units. An SP price fall was predicted to in the range 545-480 but the presentdifficulty is the regulator. Needless to say the regulator has not finally determined this yet -not until November and be sur the Company are making strong representations !