Member Info for tep1

Imagine being still short on this share

I don't believe dividend will be as juicy as previous years. Market forecast is 32c and they have already paid 15c in November.

"Interim 2024 dividend of USc15.0 per share paid in October 2024 and full year 2024 dividend expected to be at the upper end of the payout ratio of 20-40% of profit after tax"

I hope I am wrong.

Just checked with ITA this morning on the V2A form which requires the counter signatory by your local tax office. If you are UK based you can instead provide the letter received from HMRC after completing the HMRC online form for Certificate of Residence in the UK . They also mentioned CoC needs to be provided by brokerage for any dividends received after March 2021. See point 2(B) on the Claim for refund of Dividend Withholding Tax (DWT) form that highlights this. I hope that helps others.

Https://www.cityam.com/london-stock-exchange-take-private-bonanza-tops-50bn/

The short is good for shareholders. It creates liquidity for buybacks and reduces p/e making it more attractive for takeover.

Greeno your shares are held in an isa by a nominee account right? doesnt that mean the shares are in the name of your provider and not issued in your name, therefore the nominee would need to claim for exemption. HL were clear they struggled to claim exemption - i posted previously. They explained the idea was to reclaim dividend wht from DWT using the DWT Claim form under chapter 8a. For that you will need the declaration of tax residency from HMRC for the period and dividend confirmation history from your nominee account provider. Submit the forms to DWT and they can refund you

Https://www.theguardian.com/money/article/2024/aug/23/average-annual-energy-bill-rise-great-britain-october-ofgem

Eh?! surely 30% above the six month average is not how a suitor will negotiate a company valuation. I believe we did a thread on that previously. As a shareholder I am appalled that you even mentioned it.

You could assume with the positive spin on their strengths in that article they are advertising interest. Didnt one of the major IIs announce a short time ago they felt this company remains considerably undervalued? Could this bring some life to the market of its true valuation? But I fear if an interested party does come along the bid will undervalue and those PIs whom weathered the storm over the years looking for decent returns, will be undercut.

There was one declared by Marshall Wace who have been reducing their exposure of late.

11.86M shares bought at 12.04 yesterday for 131.60p. Are they closing shorts or someone topping up?

"They are not real shares on the leverage market"

Why?

Https://www.ig.com/uk/help-and-support/spread-betting-and-cfds/products-markets-and-trading-hours/how-do-dividend-adjustments-affect-my-spread-betting-of-cfd-posi

The cowboy market economy need I say anything more.

What sort of shock are qe expecting greeno? Was looking to buy more at 229 but bauljwd due to liqyidity. Must admit in hindsight am kicking myself now

Https://renewablesnow.com/news/centrica-to-supply-61-gwh-of-solar-power-annually-to-stmicro-in-italy-854397/

I must admit I am old school and stick to share dealing only. Anything else is high risk imho. Are you suggesting they are buying purely to offer spreadbetting options for their clients? They do offer nominee services as well. How would you distinguish the difference for their reasons in holding?

Shareholder|Report date|Holding|Change|% Held

The Vanguard Group, Inc.|Mar 5, 2024|189.1m|1.1m|3.54

BlackRock Institutional Trust Company|Mar 14, 2024|141.5m|425.0k|2.65

Columbia Threadneedle Investments (UK)|Mar 5, 2024|137.0m|-73.2m|2.56

Redwheel|Mar 5, 2024|126.3m|-4.7m|2.36

Jupiter Asset Management Ltd.|Mar 5, 2024|116.7m|172.6k|2.18

Acadian Asset Management LLC|Mar 14, 2024|98.1m|4.6m|1.83

Norges Bank Investment Management (NBIM)|Mar 14, 2024|84.1m|-859.3k|1.57

I thought IG had nominee account for shares also? Or do they use another broker for this ssrvice?

@richorpoor, missed that thanks.