||EPS - Basic
||Market Cap (m)
|edmundshaw: BEZ is one I know well. That historic yield is based on a last year's dividend of 28.3p at a share price of 335p. That includes a special dividend of 18.4p and a "normal" dividend of 9.9p. Around 3% yield plus whatever special they give - and the last three years have been good due to the state of the insurance market, there is no guarantee of perennial repetition.
BP's dividend yield is in spite of a massive full year loss. If the oil price remains anything like this low that dividend is doomed within 3 years maximum.
Laura Ashley is controlled from Malaysia via MUI. That may be fine, but for me the risk based on not knowing the major owner's personal goals there is toouncomfortable.
Fenner's share price has fallen by 2/3rds in the last two years. The dividend is maintained though cover is quite low. Nevertheless, on an oil price recovery, and chinese recovery that looks an interesting play, but the yield is high for a reason: risk.
I could go on. 5% is a good yield where risk is low. Whether that is the case here is of course another question... yer pays yer money....|
|simon templar qc: garycook,
Think u are right on share price falling. What investors need to do is look at forecast earnings now excluding disposal and forecast dividend.
I haven't had time to do the research albeit fairly sure earnings will continue to suffer in a difficult market.
The report contained too much uncertainty for my liking.
Company has also indicated it will rebase its dividend to 1.5 or 2 times earnings that suggests to me further cuts to come. I base that on reduced eps per share dependant which figure they are using.|
|eastbourne1982: Simon Templar QC,
ECM tells us nothing, anyone expecting good growth from PFL in the short term is living in cloud cuckoo land, if decent growth was on the agenda don't you think the share price would be a lot lot higher ?? The market has priced very challenging trading conditions into PFL.
If PFL achieved any growth at all in the next year I'd be delighted.
You seem to be expecting the world from PFL yet you wouldn't pay the current valuation, all seems rather bizarre to me.|
Your market is making it's own mind up comment is a bit cheap imho.
The wider markets tanked today with many FTSE 100 co's dropping 3 - 6%, PFL was very unlikely to escape the carnage.
The share price rose 6 - 7% on Friday and even after the drop today is up nearly 10% in around a week, not bad going is it but they I'm only listing the facts.
Short term this is likely to be all over the shop however I'm happy to have a position here averaging around £1.06, I will look to add if we hit the low 90p area again.|
|simon templar qc: By the way I am not saying debt is the most crucial its not, if the world downturn continues it could severely impact earnings.
But Kenche knows that of course he knows everything but as most traders do they like to ramp when it suits them and the minute the share price hits their own exit point which only they know.
All imo however.|
|simon templar qc: bs76
As u can see from my previous post I am not trying to knock the company just stating the obvious, the company is likely to cut the dividend.
However I am not sure how dividend will pan out next year if things get more difficult they may rebase to 1.5 times earnings.
Still a good yield however but may limit share price rise.
Company still has high debt despite a forecast reduction after paying down.|
|bs76: At 5.6 (2.6 + 3 which is the worst case scenario) dividend
At share price 106, yield is 5.29%
when share price was 87.75 (52 week low), yield was 6.38%
For yield to be 4.5%, share price has to be 125.
Risk and reward is more skewed to upside.|
|rcturner2: Eastbourne1982 21 Sep'15 - 15:48 - 437 of 497 0 0
I've just had a gander at KCOM.
As of today:
PFL is £1.0465
KCOM is 90.625p
I don't see much appeal in KCOM, yes the dividend is good however there is no point having a decent dividend if the share price looks toppy, profits are fairly low and revenue has flat lined.
I'd far rather be buying PFL as of today, we will find out which offers the best return over the coming months / years.|
|simon templar qc: I still like the company East but one has to question the amount of fall. If they manage to offload the subsidiary that could add some stimulus but with world growth still slowing the company is still at risk.
Another trading update will give some indication which way the share price will go. However if the share price keeps falling I would pencil in more bad news.|
|simon templar qc: ECM updated on trading today and sees growth slow to 3% from 5% but margins fall as well. US falls the worse.
Could put pressure on PFL share price as both are similar business models.|
Premier Farnell share price data is direct from the London Stock Exchange