Member Info for tmnky

Krusty, I don't want to clog this board up so if you want to discuss further we should probably move to INPP board. Just to say, 5 years ago it was not a safe haven, too expensive and too little yield for me, it only came on my radar towards the end of 2023 after the rate cycle was peaking. That applies to many other shares as well.

Krusty, I believe there are a good few safe havens. For example INPP who nearly two years ago stated that even without further investment there were visible cash flows to cover the dividend for 20 years. They also have a buyback ongoing.

The share price can still swing +-10% which I see as an opportunity to add and slice to enhance returns further.

Of course nothing is guaranteed.

I'm sorry I don't know, I guess it will be stated at the time it's declared. Fwiw, I recall the last one was 'qualified interest income'.

Mine were in an ISA so didn't need to pursue it.

There are plenty of smart people here who may be able to help.

I was waiting for these results to decide whether to buy back in but yet again they treat us like fools.

The 'annualised dividend yield of 8.5%' presumes we have all forgotten that 1.5p of the 2.19p was originally part of the ordinary dividend for last year. It only became a 'special' when it was delayed into this year.

So no, fool me once ...

The less fatal version and I believe more common is stairs up, elevator down.

Richard Morse, Chair of TRIG, commented:

"Our focus now returns to delivering TRIG's attractive standalone strategy. TRIG is a well-established platform with high quality assets, a competitive pipeline of opportunities, and deep renewables and energy storage expertise. We are uniquely placed to capitalise on the demand growth for low carbon, reliable power and to capture the commercial opportunities as economies across the UK and Europe electrify and decarbonise. Doing so will allow us to deliver sustainable value and growth for our shareholders, with whom we will continue to engage on the path ahead."

"At our Capital Markets Seminar on 29 May 2025, we set out our standalone strategy to deliver growth and value to our investors, supported by our managers, InfraRed and RES. The Board of TRIG remain confident in this strategy which positions TRIG well to continue delivering resilient income and growth through development, diversification and operational enhancement. For the avoidance of doubt, not progressing with the Combination in no way diminishes TRIG's standalone strategy."

That's what happens now, and yes, we'll get the dividend and probably in future quarters too.

Just for clarity, the article was specifically referring to US LNG producers margins rather than US gas producers.

I think the article was just highlighting that export margins are squeezed.

As you rightly say, US sales will benefit.

Both will of course be constrained by hedges and contracts anyway.

"If US demand and thus prices are high whilst European and Asian prices are low then the spread (or difference) is high (not low as the article says)."

The normally lower US prices have risen while the European prices have remained at lows, hence the spread is lower than recent.

"Profit margins for US producers are only squeezed if they export - but why would they if US prices are at recent highs? Sell locally and make more money."

European prices are still higher than US, about double right now.

Jim800

I suspect some may still be confused about the XD date. Both of the sources I use to plan my week had it as Fri 28th which would be consistent with the normal UK one day before as it always has been. I believe it is the same day in the US and the primary listing is now there of course.

If only DEC had put it in the RNS like everyone else!

It does say 1st Dec on DECs website but I only just checked there.

As it happens, I decided to sell on Thursday to be certain. I have always cashed out before xd to avoid withholding tax and it has always worked out. Rusty has a habit of giving us new opportunities. 🤣

Thanks for writing this up zebbo.

I too am encouraged by the Divi covered by operations, unlike last year!

Bots

I'm looking on the bright side. What we have learned is that BASF are not reducing from 46.5% at these levels so I'm assuming any overhang would come at a higher level.

So buying here makes sense to me and I added another slice today.

Sekforde

I agree and the balance sheet is in good shape. I maybe wasn't clear but I believe the agreement to buy Basf shares is already there hence the authority to buy off market rather than them flooding the market with sales. It's possible that Basf have a price in mind which is higher than where we are now so we might have to wait.

Sekforde

I don't know about reducing the dividend although I wouldn't object, but increasing buybacks is likely what they intend to do having sought authority to buy Basf shares off market.

Dark_Knight

I don't recall seeing 0s before but when someone asked about 1s on another board, someone else very confidently said iirc it was a way that Market Makers refresh their bids and offers.

I have no idea why that would be necessary and no amount of googling found any sensible answer.

Primetime

I have been following the attacks on Russian infrastructure and despite a few hits on pipelines and a couple of ports, I haven't heard anyone suggesting oil exports are massively reduced.

Where Ukraine have been very successful is knocking out around 30% of refining capacity. As a result, exports of diesel have been banned adding to an existing ban on gasoline. Also there is a suggestion of reducing oil production as a result.

I dare say it may have a knock on effect although I was under the impression world refining capacity was pretty tight. Maybe someone can confirm that.

Some are attributing the rise of many miners to Freeport's declaration of 'force majeure' being unable to meet supply contracts due to the mudslide.

JKenH

Might be worth asking on the PHP forum. This forum might go dormant now.

I only came here by accident today.

Best of luck.

Hi Graviton

On reflection, I should have said I wasn't aware that "CMA explicitly cleared the transaction to go ahead",;which was what you said.

Apologies for that.

Hi Graviton

I'm an avid reader of rns etc. and I hadn't seen anything to say the CMA enquiry was over. Must have missed it. The last I saw was the 15th Aug letter.

I do agree that if approval has been given it would be a poor move to go back on it.

Then again, nothing would surprise me these days.

Taco anyone?