RE: Dividend prediction8 Feb 2022 18:38
Bennster appologies
When cutting and pasting from Word I had missed a paragraph out so here is the document as was intended originally.
I don't think either will be sold as we are making good profits from our portfolio this from the Full year Financial Report 2021
The total profit after tax increased to £13,907,000 (2020: loss of £563,000), equivalent to a basic profit per share of
36.30 pence (2020: loss per share of 2.01 pence).
If we were to sell say Phase Focus for example basing the sale of assets on last year as in the Sale of Pharm 2 Farm Limited, the sale of shares in Remote Monitored Systems, a Special Dividend of 42.75p per share was paid in January 2021. So roughly at a conservative level I think we could expect say 36p a share which would be banked as surplus cash.
So, seeing as the aim of the company is to return value to shareholders as we built more cash in the bank, I think it is more likely that a proportion of the surplus cash will be as a special dividend of say 36p which is twice the current share price of 18p therefore this will at the very least be a double your money bagger !!
Load up while you can at these bargain prices
StarKnight