Member Info for R_hnew

Blackfriars1

In fairness to Svend, he may have picked it up from his Apple ipad stocks App, it’s been reporting updates on PHNX but have been updating the non U.K. PHNX company rather than the U.K pension company we follow for a long long time 🤔 and only recently been updating on the U.K company.

It’s been throwing me a few times when using the app for other company quick catch-up highlight.

Looking forward to continuing Dividend growth here long term..

On a different but relevant note I was chatting to some folks in this part of the pensions industry and their view is we are still seeing fallout from the lettuce budget in the industry which is impacting on the business models for the next 12 months..

AAF operate across 14 African countries why would Nigeria alone drag it down the extent it is currently languishing at? If the Kemi deal is to be believed then why the the following article

https://www.thecable.ng/consumers-no-longer-able-to-afford-bottle-of-beer-nigerian-breweries-ceo-speaks-on-fx-crisis/amp

Is a mobile phone more important than a beer? “Probably”. (Now where have I heard that before 🤔)

This may also add to the disconnect in the share price announced 20th

https://developingtelecoms.com/telecom-business/telecom-regulation/16243-regulator-investigates-atc-airtel-africa.html

Good luck all….

Interesting maybe,

Just tried to purchase some additional shares and no trades being accepted possibly due to corporate action or other reasons is the feedback when trying to purchase

Anyone else able to buy option

GLA

AngelsoneFive

Likewise not taking sides

I believe almost perfectly close.

My thoughts and experience with HMRC is

Add £800 to a SIPP you get gross from Gov of £200 added (25% gross not 20% net)

Add £1000 to SIPP you get from Gov of £250 giving £1250

Overall after tax (only works at 20% tax rate in this instance as 40% slightly marginally less)

Overall works circa 6.35% better off in SIPP for 20% tax payer

Ideal for pension contributions, note that any pension withdrawals effect future contributions limit's if withdrawing capital as well as tax free lump sum

Not financial advice dyor as always

Ok.. I’m not a seasoned investor, just a individual looking in the main at capital and Dividend investment for retirement purposes, as some have greater experience and skills on this company I would appreciate a view on Consolidation re DEC.

I follow the BB with interest as a shareholder of DEC, however ! Having seen the SP diminish in the recent 2 years and enjoyed the Divs I find the Consolidation question a concern having previously experienced poor SP returns with Aviva and TUI (market turmoil and drift aside)

I sold out of Tui just pre consolidation and bought in post but still seen SP degrade and holding for the longer 5 + years

Why would DEC be any different, those with greater experience your views would be appreciated Trek in particular

Cheers

Buyasaka

You may find this off interest re why Tui are using easy jet

https://www.independent.co.uk/news/uk/home-news/aog-technics-planes-tui-aircraft-parts-b2423123.html

Not sure how long it will impact or any damage to the bottom line in P&L

Enjoy your hols!

Right or Wrong?
If you don’t want to spend more cash!
Sell your existing 500 shares at circa £6, cash return £3k, and buy the new shares with your rights option at £4.88 retuning circa 614 shares for the same £3k, same cash value just more shares
Is this what is driving the price down?

SD325

Likewise use Freetrade for dipping in and out of shares but use HL for long term hold and dividends.
Recently discovered Freetrade don't facilitate RI rights issues so had to exit TUI shares and go via HL to enable RI.
As you say times are very volatile

Would it be a fair assumption that the current low price is due to the existing debt, therefore if the new shares issued are in effect buying the debt back then the overall increase in shares and removal of debt would maintain the effective share price unless of course the new shares are sold at a discount

Views appreciated!

Going forward as profits increase and dividends restored would the dividends be diluted?

just for info, any one who holds TUI shares via Freetrade will not be registered for the rights issue as Freetrade don’t have a mechanism for passing through the detail to the shareholder, options would be move shares to alternative provider after details of Rights issues price and structure (discount IF ANY! ) are advised
Thanks Mary for highlighting rights sale option, not something I was aware of as still on a learning curve in first year of active share purchases and will look more deeply into the options
Thanks

Trek

Would I be right in saying another disadvantage in buying the CSH REIT shares outside of a tax wrapper would be 20% is deducted by Civitas for tax before you receive the dividend.
I Guess also the current pressure on wage bills will have an impact on their ability to increase profit margins

If the government were proposing to review and open up the solvency ll rules for insurance company’s to open the investment surge in more dynamic projects and kick start the economy then how do the government think the industry will now review and consider the government competence - clearly a lack of communication and confidence throughout this whole Truss/kwarteng folly

All shares continuing heading south but not unexpected given global and local economic issues, any one any thoughts how low shares this one in particular? will drop, I have experienced 3 severe drops in my pension DC Portfolio lifetime (over 64 ??) of circa 30-40% and this is beginning to have all the hallmarks of a similar drop for next 12-18 months
So likewise Debating with myself to hold for Divs across portfolio or bailout and buy back lower in 3 months missing out some smaller Div payouts.
Good luck all!

Robleo
Suggestion for fixed dividend with little share price movement currently between 104 to 108 would be Lloyds pref shares LLPE and Lloyds have tried to buy them back last year at 112.5p
although appreciate you are over on financials and interest rates are rising

https://www.hl.co.uk/shares/shares-search-results/l/lloyds-banking-group-6.475-non-cum-prefs

which is currently dropping given current financial fluctuations, we’ve been holding them for a few years and always welcomed the dividends
Regards
Richard

Doh!, think I have had to many senior moments recently

Just revisited my shares on this one and reread the detail of the share consolidation
“”Record time for entitlement to B Shares and the Share Consolidation in respect of Existing Ordinary Shares
6:00 p.m. (UK time) on Friday 20 May 2022””
Now much happier having received a unexpected bonus payment of the share consolidation ??
Anyone have any views if this share will see any growth in eps and maintain dividends?

Folks
Price did go down to £3.89 at one point 16th May 14:50
Sadly didn’t buy enough at £3.91 lack of enough funds in Freetrade account and HL account no access at that time ??

If it’s any consolation, I made the mistake (albeit only a very small starter purchase sub 500 shares). Or rather didn’t do full diligence before buying in April so missed out on the 20p capital return.

heyho! Years of dividends to come but with less shares, hopefully dividends will increase accordingly and still a buy opportunity at this low level.
Same situation with Aviva but good that I held them long enough to get capital money and reinvest for higher £ div cash

TheTrotsky
My comments re golden payback should have included ref to Times financial/motley fool/evening standard and not to this BB which is normally informative, in particular your post., however the article’s references for big paybacks for shareholders has in my view been a influencing part in driving people to buy Aviva in particular at above 423p.
The headline promises of circa £4 billion and staff payouts of £1k were headliners for people to believe it was a big payoff with no impact on the share price, no such thing as a free lunch except for the staff I guess.
My view is my capital hasn’t increased but my Div has, and will further grow as I replace s
“24% sold shares” as an opportunity to increase my Div capital.
Like you I am expecting the share price to regrow at a later stage as the Div potential is promising however the down side is a share slide in the short term to other external factors

Freetrade are trading in Aviva shares, managed to pick some up at 389p
However I believe share price will drop in short term so holding cash back - hope I’m not wrong.
I Believe the hype around the golden payback has influenced some to pay over the odds for the Aviva share and they may now be disappointed now they understand what it was that was on offer, a neutral gain except for the Div. I’m expecting those holders to dump some shares, that said I’m holding for Div futures hoping Amanda delivers going forward
Interestingly the graph charts are all over the place in Freetrade and HL showing shares historically over £5.30 and as high as £6 at one point, if only they were ??

Am I missing something?
Is this consolidation just another version of a share buy back but at a guaranteed purchase price of £4.01 and a loss to the shareholder of the £4.23 share for £4.01 is this where the 3.7Bn is going rather than a special dividend?
Appreciate proposal of jam tomorrow in increased dividends at 32p is large increase over current dividend if profits are achieved however current 2022 divs down on previous years (COVID exceptions)
4 currently shares give 92p future (less share holding) gives more at 96p so good for Div hunters