Member Info for R_hnew

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

adeg1

Appreciated
I took a short cut and trawled YouTube in the short term, will keep looking towards value stocks in particular Dividend strengths for longer term funds and will see how this one works out, in particular to some of the earlier BB messages re Tesco share losses comments
Glad I got in earlier at £3.70 for majority of my shareholding in AV.

Thanks again!

CONFUSED ON THE POSSIBLE OUTCOME, where is the bonus to shareholders?

Aviva give £1 per B share
Firstly is the current £4+ share at that price because the company are doing well, or is it because of the £1 dividend?

So assuming I have 4 shares at £4 each
They give me £1 per share from the company profits = £4 profit
Then they take away a £4 share and give 3 shares in its place, do we assume it’s the same price share value of £4 given people have the valid opinion the share price goes down after such a big “Dividend from the company coffers”
therefore a loss of a single share of £4 and status quo in capital and shares totals of £16 except for the possible increases in dividend spread across less shares in the future?
Appreciate the wisdom of holding a higher % of the company if the payment of the special dividend didn’t effect the value of the company going forward.
The other issue is they are buying the single consolidation share at a knock down price of £4 when some of us have bought in at £420 on some shares, and the future dividend is being supported by the 4th share dividend removal, ie 4*22p now becomes new shares 3 * 31p, no real gain in first 2 years!
Only way IMO of a gain is if the shares rise to £5.33 and the £1 B share becomes a true profit on capital

How DO I WIN? in the first stage as I now run the risk of a tax bill on the volumes of £1 per shares for a value of shares in this instance £16, possibly ending down to £12 of shares (and £4 of Dividend) that I already owned.
If this seems confused it’s probably because it’s because I’m a first timer!