Member Info for Patexd

I think that this confirms what I have posted. IE that the dividend is 10 per cent of the nominal 10 Taka share value which is 1 taka. this would translate to a sterling value of between 0.8 and 0.9 pence per share say about 4.5 per cent making altogether about 9.5 per cent for the year.

this is based on the NOMINAL share value not the market value of the share as in their announcement of 14th July last year.

The rate is about 117 to the £

The ex date was 21st May. 5 per cent stock dividend. No problem j10 per cent cash. but how much cash? maybe not 1.75. In their announcement they say it's 1 Bengali Takka- how do they work that out ? if the SP is 40 BT that makes 4 and there are more than 100 Bengali Takka to £1 maybe 140 Bit of a mystery ?

Yes. While they are scared to raise interest rates ?

They have only recently Reinvested their dividends. Interestingly it is at around 750 that they last invested fresh money of their own. It might give an indication of fair value. In seemingly low and stuck interest rates bond like shares are apt to drift upwards for no good reason except to cash in on it unless you are of the opinion rates can never go up ever again which is of course unwishful thinking !

If you have some of these then maybe just to take it easy. there could be opportunities down to 625 but that is a most severe scenario on the other hand if Central bankers are reticent if not plain frightened to raise raise then these could run higher back to 930 maybe.We are in a very difficult conjuncture and maybe best to be not over exposed. just an opinion from a modest holder

Good share but any reason to buy now with prospect of rising interest rates. dip your toes maybe but don't get your feet wet. ,

strong sterling means profits in euro are worth less

Property investment in prime areas of Germany. It's on AIM. Dividend paying company. Worth holding so a buy if you are without these.

They are continuing cash divi. overall a great yield - beats RUSP !!!!

Would it therefore be fair to say that interest rates rose to say 2.5 per cent and the dividend were flat then these shares become less attractive unless the company is bought.

I had a delivery from them yesterday for a purchase of value £38.99 bought on eBay. Their communication very good advising me of delivery. In a slot of one hour yesterday morning. No show but text received and email driver delayed but will still ' attempt delivery today'. Delivery arrived late afternoon having brought the one sole item in very small escort type van having travelled 35 miles. Commendable and excellent service but at an obvious loss. A phone call and would have accepted delivery today or tomorrow. Maybe organisational issues here. Obviously in a competitive market with thin margins avoiding losses of the essence. but maybe was special reason like vehicle breakdown and this was out of the usual. But excellent service. Didn't tip the driver- he's paid for his time.

Why all the small buys today ? You need to buy a lot to make a profit with the buying costs when the only upside is 1.5p . Or am I missing something ?

Strong sterling obviously affects this share as whilst trading in euro reports oddly now in UK. However the future effect of QE in eurozone that is positive for retailing has to be weighed with what happens in the UK General Election. Of the latter uncertainty and potential paralysis is a negative for sterling .More public spending might support the economy in the UK which in the short term maybe positive for sterling but negative further out. So there are some reasons that a holding in this company depending on your hedging perceptions but it seems recently to have been actively traded in a range ie Trading Hold ! Ex Div next week

This fund is currency hedged if you look up the fact sheets. so far intelligently in so far as weakerCanadian dollar has not affected the NAV. the future these days is uncertain but Canada is a large asset rich country so as part of a balanced portfolio worth a look

NAV is now 74p that is 10 p more than the SP

In a couple of years!

Cannot find why. Wish had bought more !

Strong brand in France you may know it at CITE EUROPE at Coquelles. Has divested it's loss making units notably in Spain. May benefit from QE if cash does trickle through to consumers from the ECB buying white goods. Dividend payer and it has paid throughout its painful restructuring. EX DIV 05.03.15 Pays 01.04.15 @. 0.875p per share IE in sterling.