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BAF British & American Investment Trust Plc

25.00
-0.50 (-1.96%)
13 Dec 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
  -0.50 -1.96% 25.00 27,143 08:02:15
Bid Price Offer Price High Price Low Price Open Price
24.00 26.00 25.50 24.50 25.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Motion Pictures -1.11M -1.97M -0.0787 -3.18 6.38M
Last Trade Time Trade Type Trade Size Trade Price Currency
14:21:30 O 17,378 26.00 GBX

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Date Time Title Posts
05/11/202410:02British & American Investment Trust plc83

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Posted at 14/12/2024 08:20 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 25.50p.
British & American Inves... currently has 25,000,000 shares in issue. The market capitalisation of British & American Inves... is £6,250,000.
British & American Inves... has a price to earnings ratio (PE ratio) of -3.18.
This morning BAF shares opened at 25.50p
Posted at 13/10/2023 10:14 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 13:01 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 20:06 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 17:02 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 20:59 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 07:14 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

British & American Inves... Frequently Asked Questions (FAQ)

What is the current British & American Inves... share price?
The current share price of British & American Inves... is 25p.
How many British & American Inves... shares are in issue?
British & American Inves... has 25,000,000 shares in issue.
What is the market cap of British & American Inves...?
The market capitalisation of British & American Inves... is GBP 6.38 M.
What is the 1 year trading range for British & American Inves... share price?
British & American Inves... has traded in the range of 14.30p to 34.50p during the past year.
What is the PE ratio of British & American Inves...?
The price to earnings ratio of British & American Inves... is -3.18.
What is the cash to sales ratio of British & American Inves...?
The cash to sales ratio of British & American Inves... is -5.64.
What is the reporting currency for British & American Inves...?
British & American Inves... reports financial results in GBP.
What is the latest annual turnover for British & American Inves...?
The latest annual turnover of British & American Inves... is GBP -1.11M.
What is the latest annual profit for British & American Inves...?
The latest annual profit of British & American Inves... is GBP -1.97M.
What is the registered address of British & American Inves...?
The registered address for British & American Inves... is WESSEX HOUSE, 1 CHESHAM STREET, LONDON, SW1X 8ND.
What is the British & American Inves... website address?
The website address for British & American Inves... is www.baitgroup.co.uk.
Which industry sector does British & American Inves... operate in?
British & American Inves... operates in the MOTION PICTURES sector.

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