Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Https://www.thisismoney.co.uk/money/diyinvesting/article-13173427/We-Covid-vaccine-48-hours-cancer-Moderna-boss-talks-Scottish-Mortgages-Tom-Slater.html?ico=mol_desktop_money-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Findex.html&_ga=2.97818200.673184734.1711872187-730764756.1710093333&_gl=1*6xvr2c*_ga*NzMwNzY0NzU2LjE3MTAwOTMzMzM.*_ga_XE0XLFFF16*MTcxMjAwNTY3Ni4yNS4xLjE3MTIwMDYxNzcuMC4wLjA.
Sorry, I meant 2.1 percent of its portfolio are in Brandtech. Series A (2 Investors sticking in $ 350mn), Series B (3 Investors sticking in $ 260mn). Assuming equal take ups, that gives us 350/2 + 260/3 = c. $ 250mn Investment (c £ 200mn). This when it was valued at $ 1.4bn.
Seriec C (SMT did not participate) raised $115mn which equates to c. 3% shareholding.
SMT holding is now valued in SMT Annual Report @ £ 300mn ($390 mn), which looks about right?
I hope I haven't messed it up.
SMT has a 2.1% share in Brandtech. ($ 800mn = c. £ 600mn)
Excellent, fanx.
Thanks. That's the answer I was looking for. Of course I understand dividends go up and down depending in the dividends paid by the underlying holdings (usually with a bit held back to act as a buffer in lean years).
Cheers.
Thank you but my question was different. Last year there were two payments in May.- one in mid-May (Q1 of 5.5p), and one on the 31 May (Final of c.23p).
My question - will there be two dividend payments again in May?
Yes I know we will receive a 17p dividend in May.
But I'm confused as to whether (assuming they remain the same as last year) we will get a further 2 x 5.5p (plus 17p, making 3 payments) or 3 x 5.5p (plus 17p, making 4 payments). The yield calculations indicate the latter.
Can anyone clarify please, thank you in advance.
Was it just me who didn't expect anything of substance from Ms. Smiley? And wasn't disappointed?
All we got from her was a "wishy washy" sales pitch on how ITV offered a "special and differentiated proposition" from competitors such as Amazon Prime. As though she was trying to pitch to to an Advertising Client. The GSK fashion plate is also cut from the same cloth.
Anything solid seemed to come from the colleague next to her, to who whom she deferred on anything of substance.
The simplest way to get big retail funds into UK Shares? Make them free of IHT. After 2 years like qualifying AIM shares, if you must.
It simply makes no sense that tax exempt Pensions are out of the IHT band, while ISAs (funded with after-tax moneys) are not.
Apparently 8 billion Euros is being discussed, at approximately a 7x p/e (according to The Times online). Seems on the low side.
Well said Sticky. A second world nation trying to hang on desperately to first world importance. Still poking our noses in every sphere of the world when it is none of our business. The Yanks say "Jump", we say "How high?", while the French, Germans et al tell them to take a running jump.
The result? A country where we are up to our eyeballs in debt and have people lining up outside foodbanks. While the Norwegians, Qataris, Singapore etc have built up a wealth fund in the trillions of dollars, whose income supports them.
The knuckle scraping chavs on here simply don't have the brains, or the education, to see this.
The biggest thing I don't like about being in Lloyds is having to read all this cr@p by knuckle scraping, unineducated low-life chavs.
I agree. I sold out of Barclays today at about a 20% profit - after yesterday and today's overdone jump - and bought back into these. A hefty yield, a Canada special divi within a year, and International exposure in growth markets. What's not to like?
Bullshot macro trend with a bullshot pennant triangle. Whatever all that cr@p was trying to impress us with.
It is a regular glitch on Google. This is the better site for closing prices, as it reflects the 'UT' price which is the mechanism used by the Stock Exchange SETS system for arriving at the closing price.
Hardly surprising, since I would expect the sharebase to reduce by c. 10% per year? And the certainty of a billion quid purchases over the next few months?
If they decide to allocate only Gbp 1bn (up from 750mn?). That would leave Gbp 2bn for dividends (13p including a Special, perhaps) which brings the yied to a MUCH more interesting 9%.
Anyway, let's wait and see and hope the news is good.
I did a quick 'back of the envelope' calculation.
Gbp 9 billion is 40 percent of the current market cap. Dividing by 3 years gives an average of 13 percent, or 20p per annum.
Assuming that is split 50/50 between dividends and share buybacks (5 percent of market cap), that gives a 10p dividend (6.75 percent).
Not a massive jump from the current yield. And factored in already by the teenage scribblers.
Don't book that cruise yet.
Chav.
"Keep up"??? Be careful about incivility with me Mr.46 posts, despite your obviously low class upbringing. I can take you apart word by word.
"How to make friends and influence people". Read it.