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GFM Griffin Mining Limited

140.00
-0.50 (-0.36%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Griffin Mining Limited GFM London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.50 -0.36% 140.00 14:49:19
Open Price Low Price High Price Close Price Previous Close
140.00 138.00 140.00 140.00 140.50
more quote information »
Industry Sector
MINING

Griffin Mining GFM Dividends History

No dividends issued between 23 Apr 2014 and 23 Apr 2024

Top Dividend Posts

Top Posts
Posted at 17/4/2024 14:49 by tygwyg
2008 makes a good read.Two bullets dodged (Yukon Zinc and Magellan)... don't think outcome would have been different under GFM.Then there was the Citadel cash machine withdrawal.Also, the Spitfire saga... Aruma Resources scratching around for gold there now..GFM's non execution has been almost flawless ;-).https://griffinmining.com/wp-content/uploads/2023/05/08annual.pdf
Posted at 15/4/2024 18:19 by jppp
Hi The A, this is what I have found (paste below) and post special divi, what is the market cap, The company certainly makes money. I think there are currently 1,742,312,403 shares (less Lithis'a shares), and a divi at £24.5p makes £358m. so that is right. Post the divi, we have £0.14p share price = market cap of £243million, gross profit of £25m?, net profit of £13m?. Isn't that about the right value? So big divi and then the company is left about where it should be? OR?

JPPP


FY 2022
Software - Pinewood
o Revenue up 4.1% to £25.4m (FY21: £24.4m).
o Gross profit up 0.9% to £22.7m (FY21: £22.5m).
o Operating profit down 12.0% to £11.0m (FY21: £12.5m), with the reduction driven by increased costs,
principally driven by investment in developer resource to support product development and implementation.
o Strong global expansion continuing:
 Record high international users at 6,400, up 13%.
 International users now represent 24% of external users.
 New market entries to Singapore and Middle East.
o System development has both supported Pendragon’s strategic agenda as well as opened opportunities to sell
developments to external customers:
 Pinewood technology powering CarStore.com.
 Enhancement to used car valuation tools.
 Development of Finance & Insurance tools.
o Continued high levels of customer retention with net user churn of sub 1% in FY22, supported by frequent
system updates.

And Half Year 2023.
Pinewood Software
o Revenue up 16.9% to £14.5m (H1 FY22: £12.4m).
o Total users grew by 7% vs H1 FY22 to c.32,800 (H1 FY22 : c30,600).
o Average recurring revenue per user increased by 7% during H1 FY23.
o Operating costs increased by 14.3%, driven by higher levels of amortisation following increased product
development investment, together with the impact of wage inflation.
o 18.2% increase in operating profit to £6.5m (H1 FY22: £5.5m), driven by the increase in users and higher average
recurring revenue per user, partially offset by operating
Posted at 15/4/2024 13:43 by zooman
Prove I told lies then old man. Your words aren't worth anything.Post your GFM trading slips for all of those trades you said you've done on GFM holding 300,000 shares, I bet you won't be because you can't. .You're the one calling me a liar, put up or STFU....
Posted at 15/4/2024 12:14 by alangriffbang
tygwyg I remember getting the dividend but it feels like fifty years ago ,both myself and zoo have made a fortune over the years from GFM pity those days are over now although I am back in profit,
Posted at 15/4/2024 11:39 by theapiarist
George.

Under normal circumstances, as you know, the share price would fall by the value of the dividend. In this case I'm not so sure.

It's quite possible that Institutional Investors and non SIPP/ISA PIs, released from the tax liability and recognising the growth prospects of the business, will hoover up some stock.

It's also possible that payment of such a large dividend (64%) will attract some press coverage for a stock which hitherto has flown under the radar - look at the ADVFN thread - 16 posts in total!

If the dividend doesn't move the price by the payment date (7th May), I shall probably reinvest my dividend.
Posted at 14/4/2024 18:46 by sageman
Kicking I am solely here to discuss GFM and financial markets. Everyone here makes a valid contribution to that debate. I know who started the negativity here and know why it continues. For my part I want no part of it. If anyone wishes to engage me in GFM or market commentary then happy to engage. What I would say is that Zoo did not start the fight and I was massively attacked when I 1st posted here as were the other iii “refugees̶1;. Zoo has responded with bile, vitriol and at times offensive remarks. What I can say is that in the previous decade zoo was a genial , well respected and knowledgeable contributor. It would be great to return to a position of respect for all. GLA
Posted at 13/4/2024 10:29 by sageman
In terms of the gold. Profit taking is inevitable. However, priced in $ and $ has strengthened . Let’s see how geopolitics play out before we say the bull run is over. I was overweight GFM and have sold 25% of my holdings since the start of the year. Most GFM Shares are in sticky hands so very few are tradeable and usually there are few buyers hence when anyone sells even a few the price is disproportionately impacted. The presence of a buyer or buyers (combined with commodity prices etc) has been the gamechanger here for the share price If you check my posts it is as I said some months ago. GLA
Posted at 12/4/2024 19:19 by alangriffbang
farmer George I’ve been out in the sun and fresh air all the afternoon it’s glorious and tomorrow about six am I will be swimming in the sea ,can’t waste time on here ,although when I was your age l lived on here, did anybody notice how gold fell quickly ,we had better watch the gold shares Monday otherwise we could lose all the gains ,AAZ has done well today I bought several lots with part of the SHA money and am very pleased ,I think GFM has probably gone as high this time round ,we’ve never been able to speak about GFM like this for months on end not a thing has happened, good luck,
Posted at 12/4/2024 10:30 by theapiarist
Zoo

In 2023 the average price received for Gold was 1871 and in the Q1 2024 was 2026. A rise of 8.3%.

A very welcome shot in the arm for GFM.

However, the corresponding figures for Zinc were 1907 and 2091 respectively. A rise of 9.6%

Since Zinc accounted for approximately 2.2 x the value of Gold in Q1 2024, and the price of Zinc has risen by more than that for Gold, it is hard to argue that "The current share price is riding on the back end of the price of Gold".

Furthermore, what is the relevance of SHG?

And how come that "those invested in SHG will not see the benefit" from the rise in GFM?

Your "logic" is hard to follow.
Posted at 10/12/2023 09:52 by sageman
I have looked again at your chart Mr Bee. Normally GFM has a strong correlation with zinc but this does not apply here. Similarly there is no correlation with the broader Chinese market.The chart is therefore not systematic it is GFM centric suggesting that other than buy backs there is a level of interest building here, albeit small. My own view is that GFM will be bought out and sooner rather than later. We have our US holders but the stock is listed in the U.K. so we need to look at U.K. issues. I am told that Labour may align CGT and income tax rates. On a company sale you essentially get the value of the company plus the cash ( hence why they don’t draw the cash as dividends in the period prior to a sale). Ok we haven’t had a dividend for years, lol!😂. That aside if they are looking for a sale it needs to be in the next year ( 20% CGT vs 45% income tax) prior to a labour government. All IMHO . GLA

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