Member Info for Temple_of_Doom

Correction 2p towards the July dividend. :-)

"Well done Temple.

I hold HFEL as well."

As I think I explained below .. I overbought 60-65p last year wiping out very good trading profits on this share and now back to 50% of those max profits from last year, so I've taken a rest on the 60.8 spike this morning ...

Target was 66p for GSF and SEIT so 2p down on SEIT with share here stuffed in there so need to focus SEIT.

GLA

"A dividend as far as I am aware is paid in August" ... ex dividend date is July.

"no need to highlight what is shown on an rns each day that all can read "

See:

"Tod

wrong board?

Next HFEL xd is on the 1st May, payable 30th May.

The dividend which is currently 6.2p per quarter is nearly always covered by income. If not then they have a dividend reserve fund."

... apart from "longtimeinvestor" apparently. How funny.

One of the problems with fund managers … is that they fail as a general rule to point out why choose a managed fund over an index tracker - writing options - is one such benefit - since the retail investor has limited time and access. That said, fund managers have to outperform … abd there is another problem. Too many pick stocks and sit on their backsides.

Can’t quite get the logic of folk not being to work out that the fund manager selling above NAV and buying below NAV is good for shareholders.

"As at close of business on 15 April 2025, the unaudited net asset value per share, calculated in accordance with the AIC formula (including current financial year revenue items), was 197.0p. As at close of business on 15 April 2025, the unaudited net asset value per share (excluding current financial year revenue items) was 189.4p."

197-189.4 = 7.6p

Divi 6.2p

1.4p towards July dividend.

Correct Thero.

7.6p cash reported today … so on the way to cover july divi.

Someone dumped 1,000,000 shares … fortune favours the brave and laughs at the stupid. Brave or stupid? We will see.

Another capital raise maybe?

"up in the morning to suck in buyers then dropped at 3 to 4." - Hedge fund shorting strategy ... caught me out 20 years ago .

I have mainly profits in NESF ... it's oscillated between 70-60 since December ... and from 70 I'd be looking for 84p max as in last July ... so 20% ... with 20% on the cards with HFEL ... my main worry being Taiwan with this share and CHina ... but I can't see CHina trying to court the rest of the world over trade and invading Taiwan at the same time ... so I'm less worried at this point in the shorter term ... famous last words of course ... so I'm back to full load here as of today.

The 4p end of year divi looks safe. Enjoy everyone. GLA.

Nice rise on GSF today .... note that Tax Credits have been paid ... SEIT also relies upon USA tax credits ... especially with Onyx plus Trump seems to be looking at unwinding tariffs on US Solar imports.

I bailed at 18.7p last year with the significant write down to 45p. What I never understood and couldn't get answers to, was how Arqiva Holdings transferred profits into reserves, to issue loan notes to Arqiva Group limited. Somewhere in this company is a large pot of investments amounting to £3.5 bn in retained earnings Arqiva Holdings that the owners of Arqiva Group can't get their hands on.

Bizarre.

RNS today:

"11. Additional Information

We no longer hold a notifiable interest."

Not seen this before .... looks to me as though M&G still hold 4.966% ... with 3% the level required for notification - split across two different subsiduaries maybe?

Dividend is locked in for this quarter ... NAV up to 194p as of yesterday .... € strengthening as money shifts away from the USA ..... what have you done Trump? Even Farage has turned into a lefty backing British Steel nationalisation while lambasting Trumo for a Lettuce Truss styled implosion that Farage & cronies supported as the best budget since Thatcher.

Populism imploding, and making money. What's not to like?

"Average hold is 131.3 . . . " How is this possible?

Easy enough .... I buy and sell keeping profits locked in tending to overbuy at lows and reduce position as share prices recover. I cleared out of HFEL post Trump win .... missed out on the January dividend for 6p ... been in and out here for a few months making tiny gains and small losses waiting for some action.

Took money off table from GSF today down heavily Monday and keeping steady from the rally yesterday to get more here.

Smart money moves to make money is my mantra - my money is sometimes smart and sometimes dumb.

Cleared those bought at 45-48p friday/monday between 50-51 ... rotated some back into SEIT for pennies profit and HFEL down 10%. I do love a volatile market from a micro standpoint.

"DEI and ESG is out of fashion" - Has received a lot of bad press in more recent times, true. Someone needs to explain to the white working class left behind that DEI includes their group.

After being obliged to take a student on poor grades because "daddy" played golf with the Vice-Chancellor in the early 1990s and being explained that it was in my interest to do so - translating as don't - and go look for a research position elsewhere - rules were changed - protection afforded to admission tutors, and as a kick-back we put in departmental rules allowing state school kids to be admitted on lower grades to balance the differentials in the state versus private school sectors educational systems.

All below the press Radar .... lefty luvvie academics sticking two fingers up at privilege ... all with hidden the aim of imposing left luvvie solutions to differential equations to unsuspecting students.

The problem lies with misinformation, misunderstanding and a very uninformed population working with conspiracy theory, and treating conspiracy theory as fact.