Assura Share Discussion Threads

[blueclyde] 27/6/2024 17:16

You have completely missed my point. Let me try and simply for you. Paying an 8% dividend by issuing new shares to pay is ponzi economics. It is even worse they issue the new shares therefore diluting the existing shareholders at such a huge discount to NAV.

[alotto] 26/6/2024 18:46

There must be a reason for assura to prefer this kind of payout

[goliard] 26/6/2024 18:12

Not just under the NAV but sometimes, or even often, under the actual price of the shares on the day they get to elect for the scrip. So you just sell the same amount of shares that you're receiving and make a profit which means the dividend yield can be significantly higher. It's no coincidence that the price tends to continue dropping after XD date by more than the dividend being paid.

[blueclyde] 26/6/2024 17:20

Yes I know how SCRIP dividends work. Issuing new shares to pay a dividend under the NAV is one of the most craziest things I have seen.

[panshanger1] 24/6/2024 09:20

That's given it a little push !Nice work @CWA1

[stupidboypike] 24/6/2024 09:16

CWA, I suspect in years to come that will be seen as very good business.

Best regards SBP

[cwa1] 24/6/2024 08:43

To the refrain of the popular football song: I'm mental, I'm crazy, I'm off my...flipping...head...

Taken some more this morning at 39p. It's either cheap at these levels...or it's not ;-)

[goliard] 24/6/2024 08:36

See my previous post on the scrip dividend. It's great for institutional investors as they can decide to take it AFTER they know if it is profitable to do so. Private investors can't use it unless you hold shares in certificates.

[george stobbart] 22/6/2024 07:03

Yes most of us scum bags own this ponzi

[cwa1] 21/6/2024 20:04

UT equals Uncrossing Trade

[blueclyde] 21/6/2024 19:40

Just read back through the RNS where they give the SCRIP calculation price ect. A SCRIP dividend is new shares issued by the company. That's is alarming if so many new shares get issued well below the NAV and at these depressed levels as it will kill the upside potential.

[alotto] 21/6/2024 19:05

I was aware of that, how did you find out where did you read it?
The weird thing is that the dividend seems well covered by the dividend. So where does the money for the dividend go?

[blueclyde] 21/6/2024 18:40

One thing I did not notice here is the use a SCRIP dividend so they issue new shares to pay the dividend. That is bonkers dilution at a 8% yield. Of course the SCRIP price may be out of the money from time to time but why do this?

[alotto] 21/6/2024 18:39

What is a UT?

[cwa1] 21/6/2024 17:07

Decent volume here today with a big UT

[goliard] 21/6/2024 16:06

In reality this is already an all time low. AGR was a very different business 15 years ago. The share price is simply reacting to expectations for interest rates. I continue to buy as this drops and hope I am correct that it will recover back to 50p by the end of 2025.

[panshanger1] 21/6/2024 10:46

Continual drift lower Might want to test the all time low here

[george stobbart] 17/6/2024 20:23

I normally use a legit account plus a troll one

Both agree with this pish of stock

[davidosh] 17/6/2024 20:02

Stobbart or stobart ? Maybe you have been cloned or you have two user names? Seems a bit pishy to me lol

[george stobbart] 17/6/2024 19:45

is this pish heading to the earth’s core non stop

the more insiders buy this thing, keeps falling like a knife

[alotto] 13/6/2024 16:29

Maybe when rates drop

[george stobart] 13/6/2024 16:10

the Chair bought another £20k worth of stock today

when is this pish start moving up again

[alotto] 11/6/2024 18:14

NTV most people don't get to buy at the bottom anyway. It is impossible