Member Info for TheBlueShadow

I think the removal of 16 million shares, effectively cancels a good few undersubscribed historical IPOs. No one likes it when an attempt to raise funds for something fails and turns into a dilution. The buyback can be viewed as the polar opposite of that, which makes it a very positive thing.

Let's see if we can end the week above the £9 mark

The buyback and subsequent deletion of shares means that there are then fewer shares in issue. If there are fewer shares in issue, then the demand for shares can more easily outstrip the supply. In theory, therefore, the share price should hold up better.

I remember a report in which people who wished to remain nameless were saying talks were happening; but, I haven't seen any follow up, yet. And, when I google it, I get nothing other than the original report.

Unusually bullish. I know the market's been good today; but, this is usually one of the quietest stocks in my bag.

It's just that the 5 year charts don't bear that out. There might be very short term dips that I'm not seeing; because of the timescale that I'm looking on - there might have been dips on the 3 month charts, back then, that just don't show up on a 5 year chart because they weren't prolonged enough and were overtaken by a much larger rise.

Buyerjoe, that doesn't correlate with the historical charts. 2019 it dropped long before the ex-date and increased afterwards, and, in 2018, it appears to have actually increased after the ex-date.

I can imagine it trading in the range for a while; but, as profits go up (and I expect that they will), and, especially, once they have become part of the stable of a couple of different brokerages/analysts and start to gain wider attention, they will, then, (in my opinion) start to fly off the shelves. I wouldn't expect it to happen this year and I can imagine it not being quite there yet in the next year; but, who knows? I think anywhere in the next 3 -6 years is a reasonable expectation.

I stand corrected.

I've just checked. Yes, the ex-date is Thursday and the record date is Friday; so, if you sold, then you wouldn't get the div, if you didn't buy back in. Besides, anything else, the results were good and this share looks like it has a good future with the strategy of the team that is in place, which is indicative of both good yield and, probably, a modest bit of SP growth too.

isn't the record date the day after the ex-date?

closer to £22 today

I reckon this one could become AIM100 listed in 3 - 6 years.
it's quite new and not well-known yet, and I haven't seen any brokerages reporting on it yet; but, the current market cap puts it only around 4 places below the lowest of the AIM100, and the strategy looks rock solid to me.