Member Info for Vulcan998

Fantastic results for H1 but they should be if you consider how well similar companies (like PLUS500) have been doing.......

Great dividend - 2.1% now and perhaps 8% full year????? (very quick calculation based on dodgy facts)

Think the share price will go up today!

I am normally good at reading company reports but I am really struggling with this one.......the difference between adjusted and reported results is complex and they do not really explain clearly........

Yield is good currently which is why I hold BUT I think there are warning bells in here and perhaps think other ESG investments will be better longer term.......

These seem strong results generally bouncing back from Q2 CV19 issues. However dividend is not mentioned once in the document! (That I can see)

Hopefully a nice uplift in share price today

I am not clear whether it is to be sold to end consumer (ie used in supermarket), OR to be used by the producers to aid shipping / distribution...........

Sounds a great product - However the consumer will think it is plastic waste and be negative unless clearly labelled

yes shareholder vote needed

1) How quickly can this get final approval from PHE/NHRA?
2) How quickly can this treatment become standard in NHS?
3) Can SNG ramp up production?

For the UK there is a 6 month window to sell this widely - longer across the globe BUT that requires further approvals?

So apparently the large investors are not happy with the takeover of CDM at this price anyway

https://www.dailymail.co.uk/money/markets/article-8939649/Codemasters-faces-investor-backlash-726m-deal.html

though interestingly they now seem to own 3 x river boats in Europe they are hoping to rent out when demand returns........anyone fancy a holiday!

I am newly invested here and thought the trading update was positive - however the market thinks otherwise. What do other people with more knowledge think?

I am also considering raising my investment here - housing was probably the major issue in L&Gs portfolio for lockdown 1 but the housing market seems to be doing very well now.....dividend worth buying at this level

Todays trading update seems very positive (only one royalty partner still unable to pay)........though it was a bit unlucky to have Pearl and Dean cinema advertising and a river cruise company during covid!
Enhanced equity stakes in all companies that needed forbearance agreements bar one it seems.
Positive results from other royalty partners.
Dividend planned to go back to previous levels which could be >15% so I may increase my investment here as that is worth buying for the long term.......
Anyone have contrary views?

this could be a very large contract to win for Bango though I am not sure how much XBOX billing will be done via Telcos rather than standard credit card type payments.......anyone have any thoughts?

Newly invested today - lets see some good results soon!

So circa 52% held by institutional investors and circa 4.5% by directors (not much really)

Would have thought the institutional investors would want some competition to buy CDM.......it could be the directors have been promised good jobs post merger and/or great shareholdings in merged companies.

Director Holdings
Director Type Volume / Price Value % Held
W.I. Bell EX 697,510 @ 0.00p £0 1.25
F.T. Sagnier SELL 450,000 @ 260.00p £1,170,000 2.15
R.I. Varachia SELL 200,000 @ 260.00p £520,000 0.97

Institutional Holders
Shareholder %
Slater Investments 9.91
Slater Growth Fund 6.86
Soros Fund Management 9.48
Swedbank Robur Fonder AB 9.08
Swedbank Robur Ny Teknik 6.71
Sand Grove Capital Management LLPHedge Fund 5.55
Artisan Partners Limited Partnership 5.19
Artisan International Small-Mid Fund 4.69
Capital Research Global Investors 4.96
Tellworth Investments LLP 4.37

#CDM
https://wccftech.com/take-two-in-talks-to-buy-codemasters-for-740m/
"What should be noted is that this could very well lead to interest, and a higher offer, from companies like Tencent, Electronic Arts, Activision and potentially even Sony"

not sure who other bidders could be but Microsoft is possible as they have just gone back into games.......

So we have a takeover bid but it is only a premium of circa 8%........seems low to me. Wonder whether this will kick off a bidding war?

It will be interesting to see what they do with this cash - I suspect we may see a special dividend for some of it (say 30%) with the rest being invested in other potential winning biotech companies