7.4% div yield at current prices. Annual payout is £568k, Oct have 5.4mill at end of march19.
Not bad after key staff recruitment, increased shareholding in GIS to 77% and capital expenditure associated with HK.
David Lenigas made those comments on Twitter, not gis.
All part of previous regime, to sell his RTO shares, so can’t really tarnish john Gunn with that one!
If they drop this to much, I’ll just buy more, simples. All short term factors at play I believe (USA China & brexit deal essentially) should be resolved this year and hopefully business activity and trading picks back up.
For those interested, JG other company octagonal plc Oct.l has a holding in this company. Oct is profitable and pays an annual dividend. Perhaps a risk reduced entry to this holding.
Read the RNS page, profits, dividends, new products, new markets ... I could go on
Read their website, rebranding, additional staff profiles, additional accreditations, again I could go on.