Member Info for sonofelvis

As I understand the 3p pay out will be be a dividend which will be subject to dividend tax of.8.75%.
Having bought at the original offer price of 10p in 2008, A bit of disaster, but at least get something back with 1.6p
to hope for more

Last year was Friday 6th May. It could be Friday 5th May- i.e, just next Friday week; figures should show a massive hike on 1st quarter of 2021 & hopefully even an increased dividend & higher share price subject to Mr Putin!

Thanks for all your interesting messages throughout the year. A Happy Christmas & let us hope a fascinating New Year.
I have been an investor here for several years & gave a few thousand shares to each of my daughters as it seemed it would be more rewarding than just money in the bank.
I wonder if we'll be in the 40's next year ( I will be in my early 80's- but I'm still rocking!)

Having watched the presentation again I see the directors say the dividend will be 85/90 % of the free cash flow. Also pleased to hear how the caravan spare parts business has really boomed & that they have a 24% equity stake in that business. I think the results next month & in just over six months time will be amazing.

Looking forward to December 1st interims. Existing royalties should perform very well compared to 2020. They have made £31 million of new or follow on investments since July 1st on top of the £100 million of existing ones. They also announced in mid September thy would be making £60 million of new investments. It was strongly recommended in Money Week magazine on 29th October. Amazing to see it has only 25 employees, so I think all these new royalty agreements flow almost straight through to the bottom line. The directors did state in an interview I watched that they hoped to pay I think it was 65% of earnings by way of dividend. I am very hopeful that in 2021/22 the dividend will increase substantially & have like Investor Meet topped up my holding this summer. Only trouble will be the 1.25% increase to 8.75% in the wretched dividend tax
75%

From RNS Dividend Timetable there's another 1.75p coming 22nd December- xd yesterday 10th November. I am hoping next announcement will include a bumper contribution from the big coal royalty which could increase the dividend significantly.

I listened to Nicola's presentation which was impressive. I liked the question which said the litigation cases RBG ran would show their share of the profits on the cases at around £70 million over the next couple of years, which just wasn't reflected in the share price. Also the very relevant point that with CGT almost certainly going up their corporate floatation business was extremely busy. Paying out 60% of their profits the full year dividend in 2021 will be very healthy. I look forward to the next presentation at 10 a.m. on March 3rd.

Totally agree with you. I listened to from start to finish. He is very modest, just starting with £1000 borrowed from his sister, but it shook me when he actually said in two to four years, the sales could be in billions

The only problem could be if you're lucky enough to get over £2000 of dividends in a tax year you have to pay a 7% charge on anything over £2000 even if they are scrip dividends.

I am definitely in long term having bought at original placing in 2017 at 55p. However I trebled my holding in May 2019 at the 10p new placing. With turnover of £105 million, the company isn't that small. The care side showed sales up 200% from the epidemic. They must be well thought of to get the Heathrow contract even though in money terms not a lot. I think the company has huge potential. Somebody posted How old are you? Answer Getting on but I'm still rocking- my name comes from having seen Elvis live at Las Vegas- hence Getting on!

She gave a nine minute interview saying massive massive opportunity ( her words). Part of business deferred by COVID but only deferred 7 now running at 85% of normal. Urgent care was 90% of their business & was really busy and showed the highest margin of around 35%. Very high organic growth. They helped the NHS by taking on the Heathrow testing. She said they are one of the businesses really benefiting from the virus, which I personally think will be around for quite a time.

With the company's exposure via its conference & hope fully some sales in the past three months & the next three plus perhaps some funds from the latest US deal, I would hope the cash position will have improved. I hope the company won't think it's an opportunity to raise cash for further expansion as they would put it, with the shares double what they were a few months back.
I invested just over two years ago when they first came onto the market as an EIS share at 10p, pretty well exactly where they are now. I am hoping that with its high profile & partnerships in such a field with huge potential, it will come out with some really good figures & statement of future prospects.
You have to be an optimist in these sort of markets!

Just seen my purchase of 150,000 shares at 4.164 recorded as a sale. Many more red than blue which can't be right.

I see Simon Thompson has again strongly recommended Duke Royalty. He expects pre-tax profits to double this year to £6.2m with the new agreements being signed from the recent funding. For March 2021 he expects cash flow to increase to £15.2m or 5.46p per share to support a dividend of 4p for a yield of 9%. He has a target price of 55p which I think on these figures is very modest.

I agree long delay is worrying, but way back they stated at 29th March they had only drawn £3 million of their £20 million debt facility, so the company's bank position seems assured. The problem seems to be an accounting one of profits taken to reserves on contracts signed up. If the EBITDA is £1.1 million less the profit is still up nearly 20%. I am hoping the fact that they put this figure out more recently will mean it has been agreed by their accountants. The interim dividend was increased a small amount & my broker has met with the company & thinks the overall dividend will be increased. Will await the figures with interest & hope for a recovery in the price if the figures have not been changed again.

Thank you for that. Very low key explanation of what Duke do. I think this is a tremendous & unique investment with a fantastic historic, present & future track record, with an excellent dividend yield. I am amazed they are the same price I bought them at 15 months ago. I think & hope that the results on September 9th will show their great growth. I like the comment that many of their future royalty projects are in late stage negotiation & they have the funds to complete these.
Simon Thompson of the Investors Chronicle is a keen follower of this share. I think in time as it grows, it will come to the market's attention & will get a premium rating as they have a unique business model. I have more than doubled my holding in the past 12 months so it represents nearly 25% of my total portfolio, so am hoping my optimism holds good.

Absolutely Thank you Trump. I did exactly the same first thing at the same price. at

Don't forget the £350 per week is from partnerships mainly now, so we only get 50% of that i.e. £175. however with the aquarium making well over £500 p.w. & going ballistic to quote the CEO Martin the average of our 50% will be way over £175, so your income estimate isn't far out as we get 100% of our own placements. With the several 100% increase in revenue, future income is anyone's guess

In Martin's interview he said every £100 per week per set extra comes straight through to the bottom line & adds £2.5m to the bottom line. He also said the Aquarium revenue was going ballistic & the past few weeks had been overwhelming especially for new partnerships. I haver never heard a CEO using such terminology in all the years I have been investing. Plus the fact that you get 30% EIS relief on every share issue. I think & hope your 70p could be easily surpassed in a couple of years.

Last year interims to 30th June were on September 26th, so we have a long wait. They may just release provisional figures a month or so before. Some companies do especially if they have very good figures. However most of the big new contacts are not up & running yet & lots will only be for a few months but they might announce three months in to the second half how sales are going. The real numbers will start coming through in the second half. I am sure new contracts will be announced hopefully thick & fast as in this past month to keep the share price active. Virtually every trade is a purchase.