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Share Name Share Symbol Market Type Share ISIN Share Description
Adams Plc LSE:ADA London Ordinary Share IM00B986V543 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 11.50 11.00 12.00 11.50 11.50 11.50 1,000 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 0.0 -0.3 -0.3 - 5

Adams Share Discussion Threads

Showing 2751 to 2773 of 3250 messages
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DateSubjectAuthorDiscuss
13/3/2008
08:40
ok I am not sure what your 'axe' to grind is but stop posting nonsense. We estimate there will be 32p cash first payment circa 26p, so with spread 5.5p mid market price is bang on. I will report you to the FSA if you post more misleads.
chrisdgb
13/3/2008
08:36
Maybe the FSA stepped in
par12
13/3/2008
08:33
Don't be ridiculous hf,the dividend is maybe 26p so ofcourse it's going to drop significant.
bohemia
13/3/2008
07:45
Hell of a drop after ex-Div.
hotfinance14
13/3/2008
07:40
still no announcement?????
eenmakkie
13/3/2008
07:32
Ex--div..and 60% down!!!!
hotfinance14
13/3/2008
07:31
It went ex-div - but we are still waiting confirmation of the dividend amount.
mmc71
13/3/2008
06:49
What happened to the share price yesterday ?
hotfinance14
12/3/2008
21:36
Never trust anyone; til the deal is complete
par12
12/3/2008
13:52
appreciate that nick. I was certainly working more on the Bloomberg amount. I think we need a clarification from the company.... announcement please over relevant number of shares and cash paid. thanks.
deep powder
12/3/2008
13:48
"mmc71 - Im afraid you are wrong about it making no difference to the total payout. You are at the mercy of the forex rates. I have quite a chunky holding here and if cable moves 1% it equates to £1600 to me." Nick you are wrong. Adaminds assets are in sterling so you have nothing to worry about from exchange rate movements. The fact that they announced the dividend paid in USD is purely because USD is their accounting currency. What will be affected by exchange rate movement is the value of the FIRST payment, but the TOTAL of FIRST + SECOND will not be affected as the assets are sterling based. If cable moves against you, you will get less in the FIRST payment, but the amount that remains in the company will be greater and you will get this as part of the SECOND payment.
mmc71
12/3/2008
13:42
It went XP yesterday. The 23.87p is from what IG Index have credited accounts with. Bloomberg was quoting an estimated dividend of $0.5321. There is obviously a discrepancy between the 2 figures. I am trying to find out why and will report back if I get an answer.
nickcduk
12/3/2008
13:34
was there a specific time it went ex the payment?? Also where is that 23.87p from Nick??
deep powder
12/3/2008
12:40
Now 5/12: about right actually - I reckon they about 8p/share left to distribute so anyone who bought for 27p has a nice gain whether it's 23p or 27p today. But it would be nice to know.
bohemia
12/3/2008
12:28
It is a complete mess. Now being told the dividend paid was 23.87p. Bloomberg estimate of yesterday was $0.5321. Not sure what the hell is going on.
nickcduk
12/3/2008
12:08
Spread now moving ex-d: 8/15. Not the right value either. What a total farce.
bohemia
12/3/2008
11:06
The company may have to pay the CAP GAINS TAX in behalf of investors; Just like the banks pay tax on savings accounts, on your behalf. In that case you will expect 13p a share and the rest you claim back from the UK tax man. and if you are entitled then you will recieve a cheque Is that possible ?
par12
12/3/2008
10:45
mmc71 - Im afraid you are wrong about it making no difference to the total payout. You are at the mercy of the forex rates. I have quite a chunky holding here and if cable moves 1% it equates to £1600 to me. On a more surprising note is that the shares actually went XP yesterday. The shares should therefore have been marked down 26.5p. If anyone sold yesterday they will still be entitled to the 26.5p payout. The market makers haven't adjusted their prices today as there is still some confusion out there as to what the dates are. There is however no market in the stock as the MM figure out whats going on. I imagine later on today the share price will fall sharply to reflect yesterdays XP. It is a total shambles but Ive come to expect nothing more from ADA.
nickcduk
11/3/2008
21:59
Their accounting is in USD hence they have to declare the dividend in USD, but their assets are Sterling. Its no big deal and makes no difference at all to the TOTAL payout.
mmc71
11/3/2008
16:35
Strange, I thought they'd converted most of the cash to sterling, does this mean that they won't know the total amount they have to pay out until it is paid?
dangersimpson2
11/3/2008
16:12
Something which many of you will probably not be aware of is the amount of capital being returned tomorrow. As with most things to do with ADA it isn't straightforward. Apparently the dividend is being paid in US dollars and the amount is $0.5321 per share. You are then at the mercy of the forex markets as to how much you will receive in sterling terms. Using today's rates it equates to about 26.5p. I imagine it could vary markedly by the time you are actually credited with the amount.
nickcduk
09/3/2008
23:06
Thanks Scurbs, Much appreciated. I must confess that I hadn't considered the issues of negative distributable reserves in all of this. I hear and take comfort from what you say, but (probably just being a little paranoid here) given the negative reserves they'd also presumably need a court order to reset the balance sheet in order to enable a dividend? I'm guessing that's not the case though as this would presumably also require another EGM? regards, gromley
gromley
09/3/2008
22:24
Gromley, Thanks for the summary. In general the UK tax treatment will follow the overseas law treatment. I have seen no comment on the Israeli law treatment. However, I note that ADA has negative distributable reserves so on balance it should be treated as a capital distribution. This probability is increased by the fact that it is a court procedure which is generally required for capital distribution, but clearly wouldn't normally be needed for an income distribution.
scburbs
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