Member Info for TerryM1

PIKEMAN

One of the main reasons I bought DEC (apart for the obvious) is to have investments outside of the UK with Spend it like Sunak, High Tax Hunt and the threat of an even worse Labour Government I have very little faith in the future of the UK. Also going to move myself out of the UK in a few years when I can.

Like yourself what do I know.….I am also losing money in DEC!

As a shareholder I have emailed YCA to express my disapproval of the deal based on the exclusion of current shareholders and NAV reduction.

If anyone else would like to send an email I have marked this as

For the attention of Yellow Cake Shareholders Investor Relations

And sent to

Yellowcake@powerscourt-group.com

Don't know if there a better email address as I could not find one but was advised to use this by Powerscourt

I have also stated I will now be voting against the company’s incentive plan as result of this action.

"What do we anticipate a modest dividene would be?"

In CPIs case manyana, manyana!

Tichtich

You also make a good point in there upside in that we are getting informed responses add more information about DEC which is always useful.

However I have seen this on other boards that got ruined by a poster seeking attention and dealing with these posts took over the board and went on month in month out and made it worthless. I understand he has already been banned from another board.

Please everybody ignore greygeorge, he is seeking attention and a windup merchant.

At present he is getting what he wants lots of attention winding people up and taking pleasure that he can install fear in some people. He will not stop if you engage with him and this board will be become worthless and then he has won.

Https://finance.yahoo.com/m/f0cacf84-b41c-341b-84cb-c0da1248e759/phoenix-takes-stake-in-hambro.html?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev&yptr=yahoo

It is not doing much for directors to just say DEC is too cheap, IMO the best course of action is to ramp up Buybacks as they have now stopped (none yesterday when SP below 85p). I do not normally like BBs but at these levels it makes sense, as we know every share saves over 17% pa in dividends and DEC cannot get this on it's cash in banks and can borrow a lot cheaper, also I don't think they can buy new assets at a greater discount than buying their own shares. They should get as many as they can before Biden raises the Buybacks tax to 4%. This situation is getting serious and if nothing is not done they may well be taken over at a knock down price, something I dread.

Happy for the BB shares to be held in treasure and release back in the market in better times but also happy for these to be cancelled.

Would like BBs to continue until only 1 share is left which I own, just think of the dividends, joking apart in the end this can only increase the value of all our holdings.

Please just ignore greygeorge, he is seeking attention so best not to engage or he will get what he wants and clog up this board with rubbish.

Best not to do business in India see what happened to Vodafone, had to more or less write off Indian operations after piling huge amounts of money into it. Too much corruption which is inside and outside government.

One thing that would make a difference is stamp duty, this is not levied in the US and many other countries.

Got email from AIX with my login details, logged on changed my password and set up my bank details. It took a month but as they say they are busy with these registrations.

Just need some dividends now.

What will move this SP, good results, interest rates on hold, £ going down against the $ making the company and dividends more valuable in GBP, buy back and still it goes down.

I am missing something, perhaps ESG agenda of one or more of the institutions selling, hidden bad news.

For me it makes no sense.

Trenners

"If a half billion pound contract can't move this upwards .... it's pretty clear what the market is waiting for ....PROFIT"

Agreed, turnover will not put food on the table but profit will.

Also need the hack costs to be finalised, market does not like uncertainty.

Trenners

"@sharehead

Problem is - that it's only me and you that seem to see this opportunity"

Reminds me of a saying that come up in a trading club I used to go to

"It is not what you think that count, it what they think."

Also another one

"if you think they are all out to get you does not mean they not."

Gotoutjustintime

"Remember what JL did when he joined, not saying there will be anything as bad as that, but he basically got all the bad news (or so he thought) out of the way so that he could not be blamed"

So all of the destruction of this company/bad news that has happened since he joined is down to him and external events, we all know there have been a lot of external issues but these are the same for all companies but have not suffered like CPI and we get all this for only £1.8m salary + bonuses. I think he has been auditioning for Brewster Millions which he passed with flying colours but in his case wasted far more than he had when he took over, perhaps a remake of the film with JL wasting money should be his next career move.

Coolbeans44

"It does give you flexibility to convert when you want instead of using whatever fx rate dec announces. So swings and roundabouts."

This is true but this is in effect trading the cable rate at 1.5% in one direction. I can do this a lot cheaper outside of II even if I immediately converted by dividends from GBP to USD and back at a point of my choosing I will be well below the 1.5% charge, probably less than a 1/10 of this. IG are 0.5% and some others even less. For me with a large holding in DEC makes using II a cost prohibitive.

I have moved my pension into a SIPP with Interactive Investor where I am very heavily invested in DEC.

However I have found a major issue in that the FX conversion charges are very high at 1.5% up to £100,000, as I knew this when I transferred and it was not an issue until I found II have decided to have the DEC dividends paid in USD. They can only make one choice for all DEC shares they hold as nominees and II tell me as default currency for DEC dividends is USD and as they are a multi currency platform they decided to go with USD. However as we know DEC is only listed in London and can only be traded in GBP and also I am resident in the UK, I have owed these shares with 4 other brokers and all elect to have the dividends paid in GBP. I have looked at various USD MM funds where I can store up the dividends and some other investments but II are very limited on what I buy in USD in my SIPP. This issue exists with other shares and I believe it also happens with GLEN which I would like to add to my SIPP at some point.

In short I will have to move my SIPP because of this issue and will do this once the claw back on cash back bonus ends (got £3000, another nice feature). From what I have seen I have am not the only one with this issue and they must be losing a number of customers because of this or at least not gaining as many as they could. I will also be moving my two limited company investment accounts soon but unfortunately now II are off the list as I would like to add DEC and GLEN to them. A real pity as everything else works well for me.

I have move my pension into a SIPP with Interactive Investor and find the interface fine, the support staff are very helpful and answer the phone quickly answered, charges are small, the interest on cash is a nice bonus and some nice features like automatic sign up to W8-BEN.

However I have found a major issue in that the FX conversion charges are very high at 1.5% up to £100,000, as I knew this when I transferred and it was not an issue until I found II have decided to have the dividends paid in DEC shares in USD, as I am very heavily invested in DEC this will give me a FX conversion charge approaching £1,000 pa. They can only make one choice for all DEC shares they hold as nominees and II tell me as default currency for DEC dividends is USD and as they are a multi currency platform they decided to go with USD. However DEC is only listed in London and can only be traded in GBP and I am resident in the UK, also I have owed these shares with 4 other brokers and all elect to have the dividends paid in GBP so the currency is converted by DEC at the current rate at the time before the dividend is distributed so no FX charges to shareholder. I have looked at various USD MM funds where I can store up the dividends and some other investments but II are very limited on what I buy in USD in my SIPP. This issue exists with other shares and I believe it also happens with GLEN which I would like to add to my SIPP at some point.

In short I will have to move my SIPP because of this issue and will do this once the claw back on cash back bonus ends (got £3000, another nice feature). From what I have seen I have am not the only one with this issue and they must be losing a number of customers because of this or at least not gaining as many as they could. I will also be moving my two limited company investment accounts soon but unfortunately now II are off the list. A real pity as everything else works well for me.

SRT Marine Systems – These Shares Could Double

https://masterinvestor.co.uk/latest/srt-marine-systems-these-shares-could-double/

HI Trenners

I do admire your optimising and I would hope that CPI is seriously undervalued and the market will at some point see this, it would make me very happy to cut my loess and perhaps even make a profit. However I have been let down so many times by this lot and like the markets not sure if they are hiding more bad news. The recent rise in SP looks like it is just going up with the FTSE but at a slower pace so not the breakout we all want and no real recovery, at least not yet.

Now JL is off perhaps we will have a new start with all the bad news out of the way but like a bad smell he is hanging around, would prefer him gone ASAP so proper new start can be made without him interfering.