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You are correct, I was using Excel and missed that.
This morning I bought 5 batches and after calculating (with the wrong value) my yield worked out at 15%
I bought more this afternoon, so later I will check my “revised” figures.
Thanks
RKB
Dividend Yield 10% +
I have been transitioning from AIM to top 250 shares and good dividend payers.
I only came across Amedeo Air Four Plus Ltd yesterday.
I have calculated that the dividend yield is about 13.6% if the share price was 50p. This is because the BoD have said that they are increasing the ¼ dividend to 1.7p
Assuming we were to receive 6.8p (1.7p *4 = 6.8p) over the next year then that works out at 13.6%
As there is also a Return of Capital @ £0.645p this technically increases the yield. (1 share for every 8 will be redeemed @ £0.645p)
I personally do not calculate my dividend yield on the current share-price, I calculate it on my net cost.
Example: As the redemption is 1:8 I will use a purchase of 800 shares @ 50p
800 @ 50P = £400
Charges £16
Gross Cost = £416
Redemption receipts £64.50 (100 * £0.645)
March 2023 Dividend Receipts £11.90 (700 * 1.7p)
Total Receipts: Redemption + Dividend £76.40 (£64.50 + £11.90)
True Cost of 700 shares after receiving Redemption Receipts & March Dividend is £339.60 (£416 - £76.40) or £0.485p per share.
Using my “actual” cost of buying 800 shares and being left with 700 shares the yield on my net purchase cost is 14%
When a share is yielding 10% + what tends to happen (assuming the Company is sound) is that the share-price increases to “decrease” the yield.
If we were at £1 then we would yield 6.8% I expect capital appreciation over the next year towards £1
RKB
Ed Eddie Edward Eddie563
You are like a bad penny and haven’t got a clue.
I made a bit on SYN so had no need to sell QBT and for the record I have more QBT now than when I made the statement about my daughter.
You are easily triggered, maybe its shell-shock from your days in the Armed Forces, who knows?
To save your blood-pressure going through the roof, I will not be Posting on the QBT B.B. until there is the RNS informing us that some of the Experts Options are being exercised.
RKB
https://www.youtube.com/watch?v=1CU5UPi7STk
Good Afternoon Ade2017
Normally I would ignore the ones that should be ignored.
Unfortunately, Eddie (the one who does not like his name mentioned) continues to say that I am selling when I am not.
Also Eddie was unkind to Addisonshare.
When someone like EDDIE uses profanity (anny with an f) they should not expect their retort to go unchallenged. I reported his post and whenever I see profanity I will report it.
Using profanity in my opinion shows a lack of grammar, Eddie can use big words when he wants to.
I will ignore him as we will soon have other more important things to discuss.
RKB
Wrong Eddie
I think your foreign trips have given you PSTD.
How many have you blocked recently.
Your true colours are showing.
You are the one that messed up on your BOIL.
RKB
Thursday Mornings Trades
Yesterday morning there were some unusual Trades.
Bought Sold Amount Paid Received
08:00 13:22 33,025 £495 £503 Lost £7
08:00 11:28 332,700 £4,991 £5,227 Profit £236
08:00 15:18 138,824 £2,082 £2,249 Profit £167
08:01 09:25 53,133 £797 £844 Profit £47
08:06 09:03 44,548 £690 £720 Profit £30
08:15 14:20 62,322 £994 £1,010 Profit £16
08:16 11:45 564,190 £9,027 £8,604 Lost £423
08:18 16:24 33,000 £528 £568 Profit £40
08:21 12:40 164,565 £2,633 £2,496 Lost £137
08:23 09:34 31,332 £501 £484 Lost £17
08:25 10:17 51,854 £830 £813 Lost £17
08:26 11:38 74,630 £1,194 £1,172 Lost £22
08:27 15:24 38,292 £628 £621 Lost £7
08:27 12:11 60,796 £994 £921 Lost £73
08:27 16:20 183,242 £2,996 £3,115 Profit £119
08:46 11:28 115,173 £1,898 £1,811 Lost £87
Paid overall £31,278 and received back £31,157 resulting in an overall loss of £121
Volume bought & sold 1,981,626 and total volume for day was 28.66 million.
You must really look at all the Trades yesterday to understand why there were a minimum of 16 matching Trades (as detailed above) There were other matching Trades but these ones are the important ones.
RKB
PS I note Queen Nicola abdicated on Wednesday, did this trigger Eddie? Why did Eddie treat his friend the way he did?
Poland Facility
Last month Voyager acquired our facilities in Poland from Goodbody Health Ltd.
Voyager, (subject to Polish government approval), owns the land, buildings and equipment.
Other buildings house the biomass (for processing) and heavy equipment. There is a basic office building on site.
The facility has a dedicated power supply with an electricity substation on site. The upper floor of the facility houses the laboratories and testing areas. These areas are restricted and are accessed by secure lift and fingerprint entry. The facility has security gates, high fences, cameras and alarms.
In Poland Voyager now have a team comprising pharmacists, chemists and a scientific adviser from Medical University at Lubin. The team are well educated (two have PhD’s) and well connected in the European cannabis/CBD market.
Before Goodbody Health Ltd acquired the facilities (which they sold onto Voyager Life at the end of December 2022) the previous owners spent about £17 million on the Land & Buildings and fitting out the state-of-the-art facilities.
Voyager Life only paid £1.5 million (£500K cash & £1 million Loan note)
With many CBD Companies currently experiencing a difficult time at present, what we have in my opinion is a dedicated BoD who remain focused and who are building a Brand that now has direct access to the European Market for our products.
RKB
Hello Skittish
I still look in.
I put all Prim funds in to my quantum share hoping for a return and then I would have came back as I still believe in PRIM and Rupert.
I am doing very well on my CBD company, and up 95% in one week but still a bit to go before I break even. Have been research that Company all day to day and I conclude that I will recover my paper losses before Summer and will then be able to look at other investments.
I wish all LTH well including BoD.
RKB
Shareholders will receive nothing at all.
I don’t think the Administrators will collect all that they are due, any funds they do realise will all be utilized to pay their fees.
I believe there will be updates placed on Companies House from the Administration and that’s when it will be confirmed how poorly Love Hemp was run by the BoD.
RKB
Good Morning Swanny27
It was not an easy decision to sell-up 100% in PRIM as I had spent many hours on research there but I felt that I could make a return in my quantum share (I have) and I would go back to PRIM if I have funds.
I have a large holding in CHLL which I am not selling and I also have 140,000 shares from the open-offer which I will also hold.
If only shareholders would do some research then they may seek out sound Companies to invest in.
I look at all CBD Companies, that’s why I am in VOY.pl with the added bonus of 30% EIS Tax Relief (an excellent well-run company by our ex HNR / CHLL CEO Nick Tulloch)
I have done extensive research in CBX and unfortunately, sad to say, it is heading in the same direction as Love Hemp. You can tell this by looking at their accounts. Hopefully they survive but its not looking good for them because their expenses (especially the BoD’s salaries) are massive compared to their revenue.
RKB
PS I would have preferred if our B.B. had remained quite as we were rising without the Posters.
Love Hemp
Love Hemp unfortunately went bust because of poor Corporate Governance.
I posted there on 28th December 2022 about some concerns that I had about their Corporate Governance.
I have posted again there this morning as there were clues on Companies House if anyone had taken the time to research their investment.
Chill: We are now a well run Company with a CEO in Callum who took the difficult decisions last year on a fund raise when the Markets were not favourable for CBD Companies.
Callum acquired our unique domain name www.chill.com and is in the process of on-boarding particular brands that are earning enhancing for Chill Brands.
RKB
Extremely poor Corporate Governance
Part 2
So Angelos Panayiotou, basically had control of all the assets but on 15th December 2022 this “Charge” was satisfied in full.
But on 24th January 2023 another “Charge” was taken out in favour of Portillion Consultancy Capital Ltd.
Portillion Consultancy Capital Ltd is controlled by Kamran Sattar.
I do not believe ordinary shareholders have any chance of recovering anything from the demise of Love Hemp.
Hopefully the Administrators will seek redress from certain parties that were not working on behalf of the Company and ultimately the Shareholders.
RKB
Extremely poor Corporate Governance
Part 1
I posted here on 28th December 2022 about some concerns about Corporate Governance.
It is never nice to see a Company go bust and the shareholders lose everything.
Hopefully the Administrators will look into what happened with the Charge (details on Companies House) on basically all of Love Hemps assets.
Charge code 0962 1265 001 created on30/06/22 in favour of Windfall Logistics (this is really Angelos Panayiotou)
This “Charge” on assets of Love Hemp was for:
All present and future estates or interests of the company in, or over, any freehold, leasehold or commonhold property.. The company’s present and future patents, utility models, rights to inventions, copyright and neighbouring and related rights, moral rights, trade marks and service marks, business names and domain names, rights in get-up and trade dress, goodwill and the right to sue for passing off or unfair competition, rights in designs, rights in computer software, database rights, rights to use, and protect the confidentiality of, confidential information (including know-how and trade secrets) and all other intellectual property rights, in each case whether registered or unregistered and including all applications and rights to apply for and be granted, renewals or extensions of, and rights to claim priority from, such rights and all similar or equivalent rights or forms of protection which subsist or will subsist now or in the future in any part of the world, including without limitation the following registered trade marks: (1) UK00916530991 (2) UK00003124273 (3) UK00003124273 (4) UK00003478495 (5) UK00003560923; and the following domain names: (1) lovehemp.com (2) love-hemp.com (3) lovehemp.co.UK (4) love-hemp.co.UK.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.
RKB
Thank you Prentice. I forgot about AQUIS.
I don’t think any of the AQUIS Trades were SINT Trades. On the Main LSE website at the end of the day there were 238 Trades, of which there were 175 SINT Trades.
Total Volume excluding AQUIS was 58,762,934.
SINT Trades 73.53% of all Trades but only 1,598,132 volume or 2.72% of total volume.
RKB
PS Still think we will open up on the bell tomorrow.
Thank you Pickedpeck
RKB
SINT Trades
Good Evening JSP123
SINT Trades have either a designation of ECEU or ECHO. It is only the ECEU that have fractions.
If you down-load the data from LSE Main Website, the designation often has AIMX. All the codes are available under “Venue of Publication”
Before the close, the last SINT Trades were at 16:25. There were 4 SINT Trades all with either 0.12p or 0.14p
2023-02-08T 16:25:02 GBX 0.14 1,298.535 £2 Off Book SINT P ECEU
2023-02-08T 16:25:02 GBX 0.14 3,167.974 £4 Off Book SINT P ECEU
2023-02-08T 16:25:02 GBX 0.12 34,697.587 £42 Off Book SINT P ECEU
Note: All trades have a unique timestamp, like 17:13:26.837. It is to 1,000th of a second but for “holding in a specific range” the MM put the time for many of the SINT Trades at exactly the same time. The three Trades above were actually 16:25:02.570. Technically it is impossible to have Trades go through at the same time……. Unless!
DYOR
RKB
PS Apologies if the three Trades above did not come out in s straight line.
I had a small top-up of 900,000 @ 8:40am 0.129 £1,161 still not showing.
I only bought after seeing all the “SINT” Trades.
When LSE do not “show” my Trade after 20 mins this can sometimes mean delayed Trades but they could be buys or sells. Only way to be 100% is to do a dummy buy/sell.
Another tool for making your investment decisions.
RKB
Currently showing 161 “SINT” Trades out of 210 and with the fractions it is indicating closing at 0.12p – 0.135p MM will probably have BID – ASK as 0.12p – 0.14p so it will open higher tomorrow on the Bell.
DYOR
RKB
I often find when there are “SINT” Trades (you can see all the information on LSE main website for the shares, if you down-load the data, its in Excel format) that the range of the “SINT” Trades is what the BID – ASK is to remain at till “they are finished”
Most will not believe the above, but my data indicates that it does.
RKB
PS all the “SINT” Trades were in the first 20 mins and that set the price for the next few hours or the whole day. Only time will tell.
Good Morning Robbie2017
Maybe somebody is accumulating, I do not know.
All I can say is that when “SINT” trades in the frequency they are occurring this morning points to something.
Of the “SINT” Trades there were at least 11 Trades where there were “Fractions” of shares.
4,793.318 0.13 £6.23
6,379.759 0.11 £7.02
43,754.528 0.11 £48.13
723.801 0.11 £0.80
1,032.798 0.13 £1.34
13,695.142 0.13 £17.80
2,878.452 0.13 £3.74
1,392.805 0.11 £1.53
1,978.324 0.11 £2.18
1,646.825 0.13 £2.14
4,053.197 0.13 £5.27
Again DYOR.
RKB