Member Info for rotto

I agree Veru...........PLus of course, an 8% yield on NAV, whatever the price!

Tungsten West is potentially a game changer for Hargreaves. Tungsten's shares are up from c 3 to 11p over 12 months and there is investor hope that funding could be in place soon. Maybe the Investor Day tomorrow will shed some light on this?

Share weakness lately could be because of the share option announcement and the consequent dilution.

I am expecting good news tomorrow and have been topping up over the last 3 weeks.

Timely top up. Good news re land disposal which could generate a special divi of c 5%.

Shares should react positively today.

I have also topped up. The analysts' meeting next month could be illuminating.

Maybe some good news on Land and Germany??

PZ already deal with Emerson in the US.

Emerson has a good track record of turning round poorly performing brands.

As a long suffering shareholder dare we dream of some better news?

All will be revealed next month.

I agree Beech2. A very well run company with a nice mix of businesses.

A 6% yield and growing is a definite positive. Have been in this stock since the £3 mark and will certainly top up again on any weakness.

Whilst HRMS disappointing it only reflects the current state of the German economy.

Other divisions are trading well and the surprise, almost as an aside, is the dividend increase of 70 odd % "for the foreseeable future."

At a forward yield of 8%+ I am topping up.

Well, Gresham seem to be certain that it's not so serious!

That's 3 large purchases in a few days.

Can't wait to see the next news release!

Surely, good governance, even on AIM, demands that a market statement is provided today.

Investors deserve nothing less.

back of the *** packet relating the proposed return of capital in land div of c28million relative to mv.

perhaps i need to recalculate!!

What's not to like? Strong revenue increases in Services, good results in Land and promise of a return of capital to boot!

The latter plus the continuing German contribution probably points to a yield of circa 9% over the next few years.

Expect a rebound when AIM starts to get more positive after 2 years of decline.

Great results and even without the German contribution the core business is getting into shape.
NAV still only around the share price so as well as good divis I am certainly looking for upside towards £6.75 over the next 18 months.

Thanks Normastits.
Based on what Martin has paid suggests the RIV share price should be north of £3.
Anyway, will wait and see what develops.

Agreed.
Not for the faint hearted but at 100p buy price, yield is 12%........nett in an ISA!

So, Schroders has bought a large slug of RIV for £200 + million.
The rump now goes to Asset Co, Gilbert's vehicle for £98.8 million.
Nothing left to sell!
Why should I hold the shares? What else is going to move them up?
Where does the Schroders money go?
Perhaps Forensic can give me a clue?

I agree Russellba........ the guy had a typical incentive of free options and as you say, it's all profit.
If he had inside knowledge he would not have sold.
Their numbers were great and having been a holder since the coal days if it's a boys' club in charge then long may it continue!

The 12p is a special divi from the German operation and will be paid "for the next few years" at the time of the final divi in October. There is also a possibility of a capital return if Hargreaves relinquish part/whole of their German shareholding.

Patience is being rewarded with a dividend increase and a few years of special divis from the German operation.
The diversity of the business almost makes it a mini conglomerate which is no bad thing provided the management team exercises strong leadership and financial control. Still trading at less than NAV I am still a long term holder.
The future looks promising.

Have been a great believer in this board's ability to create value. You can detect Harwood's influence in considering the offloading of HRMS. With ultimate substantial cash resources further acquisitions are possible.
Having stabilised the business post coal this company is now in an exciting "growth" phase.
Exciting times!

Certainly going to be a set of bumper results. One should be mindful that of the 20p likely divi payout, 12p of that is from the German Co. Nevertheless, that 12 p looks likely to be an ongoing annual payment. Very impressive turnaround from coal!