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At last night's closing prices, the Redd sp of 107.2 divided by 0.3669 (number of ntg shares in exchange) comes to about 292. The nth price was about 297, so still a slight premium to the Redd price (long term value is another matter). Technically there's maybe scope to arbitrage the 2, short ntg and buy Redd with the proceeds if the transaction costs weren't too high and you could find the volume.
Ex-Div 23/1/20, Paid 2/3/20, £0.45.
Londondan - snap - 31/3/16 was my buy-in - strike price £4.95. This latest dividend means that it will have taken 3 years, 11 months and 2 days for those shares to completely pay for themselves in dividends. These were my first ever shares.
Sod diversification, EVERY trade I have made since should have been just buying and holding more GAW! (this is not financial advice, DYOR etc etc)
I'd say if you think it's a mature business, then no, if you think it's in a strong growth phase and with highly leveraged Profit to Sales, then you can argue yes.
"You’re a t wA t dan
I never said such a thing
Take care"
This comes pretty close to be fair:
"dougal66
Posted in: CTAG
Posts: 23,446
Price: 0.00
No Opinion
RE: Syre Institute21 Jun 2019 16:11
And this from someone who is FCA registered. He couldn’t get closer to the Madoffesque theme if he tried.
9.4m in 2 1/2 years for lies. He should be sharing a cell with Bernie."
and as if by Magic - RNS - Woodford has halved his holding - having to offload the liquid investments to cover the withdrawals from his funds - there are bargains to be had in liquid Woodford stocks right now as the market knows there is a distressed seller out there.
UBS closed out (ish, maybe). Short Tracker can only report on 0.5% short or above, so when we see 6/3 a 0.51% short and 24/4 a 0% short, it could be that they had 0.49% short for ages and it only went up to 0.51% on 6/3 - 0.02% movement, and we know that on 24/4 they went down to 0.44% short - and this shows as 0% short from then on - we don;t know if they are still at that number, have closed out totally or even increased to 0.49%. On 6/3, (from google) the SP was 152.9 and on 24/4 was 149.2, so they might have made a (small) profit on the short depending on fees.
Why didn't you split into 2 smaller orders? Isn't the guaranteed market size 5000?
" learnt was to buy on ex-divi day, as the price would drop the divi amount and you are still entitled to the divi until the end of this day."
No you are not entitled to the divi if you buy on the ex-div day - that's why the price drops by that amount. You are only entitled to the divi if you hold at the start of the day i.e. before trading starts
8.8 out of every 100 not out of every 10.
shorttracker.co.uk/company/GB00BZ6STL67/
Wonder. If hl had a special deal or made a boob, I'm with AJ Bell and applied for 1154 and got 223 in the excess offer which is the 20% roughly. I got my normal entitlement too.
Recommended for the user name over anything else :)
AJ Bell set up the corporate actions today, base shares applied for, need to fund the excess before I apply for those :)
Polar Capital have closed their position (well technically they are 0.01% short still, but I think we can call that closed). Takes us down to only 4 funds reported as shorting - Coltrane @ 0.67% and steadily reducing, Foxhaven who rapidly built up to 1.52% in May 17 then haven't touched it since (it's the only short they have - do you think they forgot about it?), Immersion Capital and Engadine Partners both at 2.68% and both increased their position recently. It's Immersion's only short while Engadine have a few open. Meanings - I'm open to suggestions...
According to the prospectus, notification should be sent out today - so should depend on how quick your broker is at updating - I'd expect to see it on my website account (AJ Bell) today or tomorrow.
About 7.5p/ share - we just had the 2.5p interim 2 weeks ago and the final should be declared in May/ June, paid in July. Last final in July 18 was 5p.
I *think* that it is more that they are lending the shares out rather than selling, their interest is the same but has moved from shares into financial instruments which I am assuming means shares they have lent out and have a right to dividends and right to return on. As there have been no new shorting announcements on short tracker, I further assume (and I'm getting more speculative on each assumption) that they are lending their shares to an existing shorter who has (had to?) returned them to whoever they initially borrowed from.
£7.50 is the max Quarterly (not monthly) charge for an ISA - it's 0.25% of value p.a. so below £12k in your ISA it's less than that - there are lower dealing charges available elsewhere, but I struggled to find a lower custody charge.
Equals a 14% H1 17-18 to H1 18-19 increase in Turnover with an 8% increase in operating profit while building a new factory (I don't know how much of that cost is expensed and thus holding back op.profit growth vs T/O growth - £2M of expensed rather than capitalised costs would put the %age growth in both lines on an even footing).
Engadine have learnt how to report on time :)
Down from 3.51% on 23rd Nov 18 to 3.31% on 27th Nov 2018 (so down by double their increase last Friday). Good time to have reduced faced with today's jump - it will be very interesting to see if they continue, as this could be the start of big reductions and the fabled short squeeze. Another 0.5% reduction and PETS will be out of the top 5.