George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Agreed. Looking to reduce here,lot more promising plays on the London market at the moment.
Seems to be on the up now anyway and if they maintain divi at last years level must make it about 9% or more at £3.60 sp.
Not bad if interest rates start falling.
In what has been a difficult year for most companies encouraging to see a slight increase in divi.
This year Glen,excluding specials,paid out 44 cents in dividends.
It has bought most of Teck’s coal business and continues to buyback its own shares & cancel when those shares go above the 10% holding.
Now I’m not highly educated but these actions don’t appear to be those of a company planning to reduce its dividend from 44 to 23.3 but what do I know?
Thanks for the reply.
Have checked previous RNS & company website as I was wondering if the divi is being increased in 2024.
Has anyone seen any information regarding the dividend next year?
Regards,
Apart from most ftse shares trading lower the issue here is the dividend. People never respond well to a divi cut & the recent Rns states a decrease from 2022 of 6.8%.
I have a small amount invested here so maybe it’s a good time to add?
I’ve been slowly buying here.
It appears to be a solid investment with a decent dividend and has recently acquired another asset in Ireland which the company has stated is its preferred investment location presently.
If the board believe it’s a good move then I’m happy as their knowledge & experience is far greater than mine.
There certainly won’t be any issues getting on to the JSE,anyone bringing money into South Africa will be very welcome.
Don’t understand the listing.
Surely there’s more liquidity in London than S.Africa?
Not invested here yet but looks like a good long term opportunity?
Watched the recent presentation and PHP does look like a good investment. I have recently acquired a small holding and I think I will keep adding as the dividend potential looks appealing. It does looked oversold and I can’t believe we are far off the bottom but who knows?
Yes, I spoke to one of their reps & they stated they had completed paperwork so everyone who has Diversified shares only loses 15% on their dividends. I’ve never completed a W8BEN.They are not the only company to do this though,as Seagull101 has confirmed.
Hi Nigel,
I have iWeb & t212 ISA.
T212 for a couple of months,only use to trade on LSE but trades are free so if ur only making small,frequent trades works for me.
Apparently offerings are limited but I tried to but something on IWeb but not offered but got it on T212.
Also I believe If you own American company like Dec.L then iWeb dividend will be taxed at 30% & not 15%.
It suits me but appreciate maybe not suit you or others.
And with share buybacks and interest rates expected to increase further this year will sit back and collect the increasing dividend.
Wonder if the final will be increased by 22% as the interim was?
Well, very pleasant set of results?
Share buybacks & 22% increase over 2021 interim dividend.
Not to mention the equity return from 91 earlier this year.
One of my better investment decisions!
Read a small report on Trading economics that China is concerned about rising covid cases and potential lockdowns again. Could be something to do with it?
There you have it!
Admitted he is a trader. He is deliberately trying to de ramp after selling out at 25p.
There was a guy on the other website who was constantly deramp8ng the price at 18p saying 9p was com8ng. He finally admitted later he was a trader. (Fandangle).
DYOR