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BAF British & American Investment Trust Plc

18.00
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
British & American Investment Trust Plc LSE:BAF London Ordinary Share GB0000653112 ORD SHS #1
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 18.00 296 08:00:02
Bid Price Offer Price High Price Low Price Open Price
16.00 20.00 18.00 18.00 18.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Motion Pictures 1.68M 976k 0.0390 4.62 4.5M
Last Trade Time Trade Type Trade Size Trade Price Currency
14:04:53 O 18 20.00 GBX

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Date Time Title Posts
21/4/202421:40British & American Investment Trust plc81

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British & American Inves... (BAF) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-04-25 13:04:5320.00183.60O
2024-04-25 13:04:5320.0081.60O
2024-04-25 13:04:5320.0040.80O
2024-04-25 13:04:5320.0013426.80O
2024-04-25 13:04:5316.009214.72O

British & American Inves... (BAF) Top Chat Posts

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Posted at 25/4/2024 09:20 by British & American Inves... Daily Update
British & American Investment Trust Plc is listed in the Motion Pictures sector of the London Stock Exchange with ticker BAF. The last closing price for British & American Inves... was 18p.
British & American Inves... currently has 25,000,000 shares in issue. The market capitalisation of British & American Inves... is £4,500,000.
British & American Inves... has a price to earnings ratio (PE ratio) of 4.62.
This morning BAF shares opened at 18p
Posted at 13/10/2023 11:14 by plasybryn
Dividends


We intend to pay an interim dividend of 1.75 pence per ordinary share for the
year to 31st December 2023 on

7 December 2023. This is the same level of dividend as was paid in calendar
2022. A preference dividend of 1.75 pence per preference share will be paid on
the same date.

This dividend payment represents a yield of approximately 10 percent on the
ordinary share price averaged over the first six month period of the year.

WHAT IS THE EX DIVIDEND DATE?
Posted at 06/11/2020 12:03 by plasybryn
Dividend

We intend to pay an interim dividend of 2.7 pence per ordinary share on 10
December 2020 to shareholders on the register at 20 November 2020. This
represents an unchanged dividend from last year's interim dividend and a yield
of approximately 9 percent on the ordinary share price averaged over the
period. A preference dividend of 1.75 pence will be paid to preference
shareholders on the same date.
Posted at 06/12/2019 09:02 by paul217
Utter tosh. I've been in this trust for 10 years. Paid £5,000. Stock now worth £2,400. BUT, I've had approx £7,500 in tax free income. I'm a 40% taxpayer so happy days. I believe I will continue to get decent dividends. I couldn't care less if I lost the whole share. I've had £7,500 out of it. Beat that!
Posted at 06/8/2018 14:01 by spectoacc
"NET ASSET VALUE

British & American Investment Trust PLC announces that, as at 31st July 2018,
the value of the group's investments and cash at banks was GBP19.3 million and
the unaudited consolidated net asset value of the company was not less than
37.1 pence per GBP1 ordinary share (prior charges deducted at par) and 55.1 pence
per ordinary share on a fully diluted basis. "


I'd be tempted at 30p.
Posted at 13/3/2014 15:25 by topvest
Looks like the share price has fallen reflecting Geron Corps halving of their share price. I wonder whether they were stupid enough to put more money into Geron at $4 before it crashed to below $2?
Posted at 27/8/2013 21:06 by topvest
Yes, I agree - Geron is very speculative and I think the CEO has got too emotionally attached to this very poor investment. Nevertheless, that is only one of the two big issues. The other is the fact that most of the income is derived from buying blue chip shares before they go xd and then selling them afterwards at a capital loss. This policy makes no sense at all. It will end in pain. I'm amazed that the price has held up so well. I will keep watching, out of interest, but I cannot see any logic in this being on a premium to net asset value.
Posted at 27/8/2013 18:02 by rabain
If you're thinking of investing there is one thing you need to be aware of - the huge spread; and one thing to check out - the large stake in Geron Corp. (www.geron.com). It's almost as important to do your research on Geron as its is on BAF. Geron has not been a happy investment. fwiw I sold out 6 months ago having held for many years.
Posted at 22/8/2013 21:59 by coolen
I sold out too this year.

My reasoning was, as TopVest points out, the high (but uncovered) dividend was sucking-in income investors.

I viewed that BAF was merely taking advantage of new rules which allows investment trusts (as approved by the Inland Revenue) to pay dividends with tax credits out of capital.

A bizarre decision, in my view, as it gives a false impression of true income receipts.

As to BAF's love affair with the sniffy Geron fiasco: why, out of all the stocks in the world, did they choose that one -not only to invest in, but to make it their largest investment ?
Posted at 15/5/2013 08:14 by topvest
Well I've sold out of here as I think, on further analysis, that the share price is overvalued by 10-20% and I think it can only be desperate income seekers keeping the price up. My main issues with this company are:
- Paying unsustainable dividends out of capital with minimal disclosure of the fact that they buy circa. £1.5m of shares before a dividend and sell for a capital loss once the dividend is paid. A crazy policy, but has maintained 16 years of dividend increases at the expense of depleting capital.
- A bit of an obsession with Geron and BioTime which is highly speculative and not really consistent with what the company does otherwise. Can't see any return on this investment for years, unless Geron and BioTime get caught up in a speculative bubble. Geron is at a pretty much all time low and so US holders aren't too excited by the deal on the table!
- Staff costs are £403k which is pushing the Ongoing Charges up to 2.5% - what exactly are the employees doing as film revenues are very small?
- Hugely diminished investment trust portfolio - basically the portfolio will struggle to be sustainable soon as it is being depleted by the crazy dividend policy.
Overall, I think you are unlikely to get 80p back so I have sold out and think myself very fortunate to have made a capital profit of nearly 10% and collected almost 10% yield each year over 3 years. Not bad for a poor investment!
Posted at 17/3/2013 00:53 by rabain
Sold out on Friday at 0.7611, can't see how the share price is holding up in light of Geron's fall and also how the divi can possibly be maintained....which let's face it is the only reason to be a holder of baf. Am now sleeping easier!
British & American Inves... share price data is direct from the London Stock Exchange

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