Member Info for Slownsteady

I've always felt that HL would make a tasty morsel for someone like Charles Schwab if interested in a UK quality outfit.

£15???

I'll be looking for £30. In its own time.

Lol yes. Not the phrase I would have used.

But je suis ready. We have had a golden "once in multi-decade" opportunity to build up a Portfolio of UK Stocks and lock in superb Yields. Blue chips such as PHNX. BATS, LGEN, IMB, HSBA and others, that offer between 8-10% yields. Thank you very much, Mr. Market.

Funny you should say that, Toff, I was thinking Warrenn for the same reasons you did. He likes and has made his fortune on Insurance. And Coca Cola, amongst a few others.

Well, we have our family's ISAs, Sipps, LISAs and Active Savings Accounts with them.

I can certainly second the comment in the Trading Statement about their Customer Service Staff. The Jewel in their Crown.

Keep it up. I'm glad I topped up last week as a Shareholder as well. Glad the previous Ceo is gone. Things had deteriorated badly under him. I hope they've dialled back on their systems expenditure.

Thanks. I was afraid of that. The JP Morgan Bank of old would have put fundholders right (even if legally not obliged to), in order to protect its reputation. But times have changed... no longer is it "My word is my bond".

Reported a few minutes ago. How is JEMA affected?

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?