Duke Capital Share Discussion Threads

[mikkydhu] 17/3/2020 10:39

Piedro,
At the top of this page click on the word News. A list of announcements by date will appear. Click on the one for 16th March. There it is.

[piedro] 17/3/2020 10:35

Re: Step Investments
on 30/01/2020 total investment = £3,000,000
on 16/03/2020 total investment = £4,240,000

Can someone point me to the announcement of the follow-on contribution
TIA

- website needs updating.

[masurenguy] 11/3/2020 08:01

Quite an ambiguous update ! No current position.

11 March 2020: Trading Update
In light of the market turbulence that has been affecting all public companies recently, the Company would like to reaffirm to shareholders that it believes that the cashflow generated from its royalty and loan portfolio for the financial year ending 31 March 2020 will be in line with market expectations and hence, it has confidence to maintain its quarterly dividend payment. Duke notes that its business model allows it to cope with challenging macroeconomic events due to the Company's consistently low operating costs versus its monthly cash flows and high operational leverage. A more detailed trading update will be released in April following the end of the Company's financial year.

[eentweedrie] 10/3/2020 18:37

Wonder how many of the invested companies will go kaput? Will they still be paying divis then?

[thewheeliedealer] 24/2/2020 21:28

Hi all,

My mate Peter @Conkers3 and myself recently recorded a Podcast in which we discussed DUKE and lots of other stuff. The link below takes you to the Podcast on Soundcloud but you can also find it under the ‘Conkers Corner’ Channel on the Apple and Audioboom platforms and you want Number 17.

I hope you like it, regards WD.

[solarno lopez] 20/12/2019 12:04

well done Piedro

[piedro] 20/12/2019 11:41

Not much of a tick up really - more an opening up of the spread

[piedro] 20/12/2019 11:36

swiss paul, if you are looking for a really tight financially run company try Volvere [VLE]

[solarno lopez] 20/12/2019 11:15

Nice tick up

[mr hangman] 19/12/2019 14:05

I have a feeling head teacher Mr Simon Thompson, will be handing out a profitable
lesson in the New Year

[sogoesit] 19/12/2019 07:22

Lesson I in capitalism.
Incredible that it needs making on an investment bulletin board!

[melody9999] 18/12/2019 19:01

swiss paul
the company raises money allowing it to provide finance to companies in exchange for rights to a small percentage of their future revenues over a typical term of 25-40 years.

the profit from these revenues made allows dividends to be paid.

if it did not have capital available, it would not be able to finance companies and grow the business

actually if you think about it, thats the way most companies operate - start with a sum of money, invest it in the business to try and make more money. hardly financial shenanigans!

in terms of the LTIP, the awards are aligned to shareholder returns (which includes share price increases) and profits made (cash distributed as dividends). So seems to me that the LTIP aligns managements interest with shareholders interest.

[mr hangman] 18/12/2019 11:35

i can see this smashing through 50p in the next few days

[masurenguy] 17/12/2019 17:54

Finally broken out of the 40p - 48p range !

[swiss paul] 16/12/2019 10:14

Ye financial shennanigans and it makes me wonder why they do that.
Take in one hand
Duke Royalty Ltd on Wednesday said that it has raised an additional GBP892,287 via share open offer, as it received valid applications in respect of 2.0 million open shares.

But give in another
Duke Royalty Limited is pleased to announce that the Board has approved an interim dividend of 0.75p per share with the ex-dividend date being 24 December 2019, the record date being 27 December 2019 and a payment date of 14 January 2020.

Now I have to ask myself is the board in a LTIP that bases the reward on amount of divi paid?

The LTIP Awards will be subject to performance conditions, (50 per cent. based on growth in total shareholder return ("TSR") and 50 per cent. on growth in total cash available for distribution per share ("TCAD per Share")). TSR can be defined as the returns generated by shareholders based on the combined value of the dividends paid out by the Company and the share price performance over the period in question.

Is this a company that has its shareholders interests at heart?

[masurenguy] 16/12/2019 07:20

Duke Royalty Limited is pleased to announce that the Board has approved an interim dividend of 0.75p per share with the ex-dividend date being 24 December 2019, the record date being 27 December 2019 and a payment date of 14 January 2020.

[sogoesit] 06/12/2019 12:31

Add one more:
01/09/19 Berenberg TP 60p

EDIT: I think that's erroneous 'cos it doesnt check out with other data I can find online.

[petewy] 06/12/2019 11:37

Gracias Piedro

[piedro] 06/12/2019 11:04

Broker forecasts [ShareScope]
Consensus - Buy - 3 brokers
P.Target - 56p
EPS:
31/03/20 - 3.26p
31/03/21 - 3.88p
31/03/22 - 4.66p

- should be updated in a couple of days

[intent1] 06/12/2019 10:52

A target of 56 from Berenberg Bank.

[petewy] 06/12/2019 10:11

Any brokers' forecast. I've looked.

[intent1] 06/12/2019 09:37

I believe the risk is minimal in that Duke has entered into a new £30 million revolving facility agreement with their existing debt provider on improved terms, providing greater financial flexibility; in addition, they've strengthened their operational team.