ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

IPO Ip Group Plc

49.30
2.05 (4.34%)
Last Updated: 10:50:06
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Ip Group Plc IPO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
2.05 4.34% 49.30 10:50:06
Open Price Low Price High Price Close Price Previous Close
47.55 47.55 49.55 47.25
more quote information »
Industry Sector
GENERAL FINANCIAL

Ip IPO Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
02/08/2023InterimGBP0.005110/08/202311/08/202304/09/2023
08/03/2023FinalGBP0.007625/05/202326/05/202322/06/2023
03/08/2022InterimGBP0.00511/08/202212/08/202220/09/2022
17/03/2022FinalGBP0.007226/05/202227/05/202230/06/2022
05/08/2021InterimGBP0.004812/08/202113/08/202127/09/2021
FinalGBP0.0113/05/202114/05/202116/06/2021

Top Dividend Posts

Top Posts
Posted at 23/4/2024 20:54 by bamboo2
IP Group - 2023 Annual Report; Notice of Annual General Meeting ("AGM")

IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the Company"), which invests in breakthrough science and innovation companies with the potential to create a better future for all, announces that it has published its Annual Report and Accounts for the year ended 31 December 2023.



In compliance with Listing Rule 9.6.3, a copy of the following documents will shortly be available for inspection at www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism.



- Annual Report and Accounts for the year ended 31 December 2023 ("2023 ARA"); and

- Notice of 2024 Annual General Meeting ("2024 AGM Notice").



Printed copies of the 2023 ARA and the 2024 AGM Notice, together with the Form of Proxy for use in connection with the 2024 AGM, are being posted to shareholders who have requested hard copies.



An electronic copy of the 2023 ARA is available on the Investor Relations section of the IP Group website at www.ipgroupplc.com/investor-relations. A copy of the 2024 AGM Notice is also available electronically on the IP Group website at



The 2024 AGM will be held at 11.00am on 12 June 2024 at the Company's offices at 3 Pancras Square, King's Cross, London, N1C 4AG, as further set out in the 2024 AGM Notice, with refreshments available from 10.30am. To ensure that shareholders can also follow the proceedings of the AGM virtually, the Company will provide access online via the Investor Meet Company platform. However, please note that shareholders will not be able to vote online at the AGM via this platform. Shareholders are only able to vote at the AGM either in person on the day or by proxy in advance. Shareholders are encouraged to submit their votes via proxy as early as possible, as further detailed in the 2024 AGM Notice.

Whilst live questions will be accepted on the day, in order to facilitate the smooth running of the AGM, shareholders are encouraged to submit any questions for the Board to consider via the Investor Meet Company platform up until 9am the day before the AGM. Shareholders can also submit questions in advance by email to cosec@ipgroupplc.com up to 48 hours prior to the time of the AGM.

Shareholders that wish to attend the AGM remotely should register in advance by using the following link:
Posted at 09/4/2024 15:37 by brucie5
Oakbloke is a fan. This from his recent musings. He doesn't always get it right, but he does put in the research. I think personally the question about FL is whether/to what extent it is actually accretive of value, without the kind of breakthrough that would see it producing commercial energy. I imagine far more likely that its IP would be sold off to help a larger entity get to that point.

IP Group
I recently spoke about the IPO FY23 results. A reader speculated that Nuclear Fusion is “commercially still way off in the distance - even 20 years is optimistic.” They may be right. But does that mean a holding like First Light Fusion cannot prosper while governments pay to make it happen? Like the US did this week. And especially if you can demonstrate progress. This week IP Group’s First Light Fusion announced a world-record pressure achievement of 1.85 Terrapascals (vs a previous 1.5 TerraPascal) using a US “Z machine” which has a 80 Terrawatt peak power - using the amplification technology of First Light.

First Light is pursuing a form of inertial confinement fusion called projectile fusion, which creates the extreme temperatures and pressures required to achieve ‘fusion’ by compressing a target containing fusion fuel using a projectile travelling at a tremendous speed. This differs from approaches pursued by other mainstream fusion companies in that it doesn’t involve using complex, energy-intensive, expensive lasers, or magnets. Without the need for hugely complex and expensive lasers to facilitate the fusion reaction, this is a simpler, cheaper, more energy-efficient approach to achieving fusion with lower physics risk. The amplifier massively increases the pressure delivered from the impact of the projectile, necessary to achieve fusion. First Light has had its first shot on the Z Machine and later this year gets two more shots and believes it can further increase pressure. More TerraPascal records to follow, reader!

I firmly believe this is a great opportunity - and people like Bill Gates thinks Fusion a great opportunity too. Where Gates open, others follow through.
Posted at 09/4/2024 13:14 by p1nkfish
Not convinced it would yet. Needs a catalyst or event. Either specific to IPO or holdings or some macro outside of IPO. Discount has been substantial for a while. Whats new about that?
Posted at 09/4/2024 10:28 by p1nkfish
Keeping an eye on the ski-slope, yes.
Have an idea of what indicators to watch to signify a possible turn.

IPO and ONT are victims of the market, they just have to stick to their knitting until sentiment changes. Have learnt the hard way not to be a martyr to a good idea/company/product if the wider market doesn't care. A recipe for capital erosion and substantial opportunity cost. Sadly. IPO and ONT are both really neat.
Posted at 05/4/2024 17:27 by p1nkfish
The buyback is to offer some liquidity else no one would exit without driving this into the ground. If there was decent liquidity I doubt there would be a buyback in process.

Weinstein is working on 2 main principles imho.
1) He's buying where there is a large discount,
2) He's buying where the underlying holdings are themselves undervalued too - some quality UK listed mid caps held in the funds.

IPO meets 1 and fails 2.
He has more sense than work on IPO as it's a trap.
It's illiquid, it's holdings are illiquid and, largely, valuations of holdings are not market proven. He's not stupid.
Posted at 05/4/2024 10:07 by apple53
1) BBC article on First Light Fusion

2) 'Weighing in' on the div/buyback debate. I believe last year's div totalled c. £13m. As long as it really is true that very very few shareholders require a dividend (and let's be honest it wouldn't have been in many income funds), then I prefer to see this money spent as buybacks, instantly creating 6-7m of value (more if you believe the NAV). Clearly I would like to see buybacks of 5-10x this figure. This would really make a difference. Most boards have come to the conclusion that buybacks are relatively ineffective at narrowing discounts, and it is hard to find good evidence for it. The silver lining is more opportunity to create a lot of value by buying at high discount. However, I think PIN (pantheon) is a good example - a massive tender and consistent buybacks seems to be having an effect.

3) Does anyone know Boaz Weinstein? - surely IP Group fits his bill at Saba.
Posted at 13/3/2024 09:57 by palisz
CEO said buyback so far has been very slow, but now the results are out of the way they WILL pick up the pace, this should help.
(FYI they pay 5.25% on the debt. They have very few companies needing further financing in 2024) I guess this means they'll sit on the cash for another year.
Asked about the dividend, reason given few shareholders hold company for the dividend as witnessed as shareholder list has barely moved since announcement. Feeble!
Posted at 04/2/2024 18:18 by p1nkfish
bb2, I agree, well said.

Brucie - each to their own and I am certain this will recover (irrespective of management that could go home now) so if you have long enough then great. For some it may be best to look at the IPO portfolio and buy into publicly listed holdings as each holding shows signs of recovery and some momentum. It might be a quicker way to compound capital and not carry the weight of IPO management.
Posted at 04/2/2024 15:18 by brucie5
p1nkfish3 Feb '24 - 18:36 - 2880 of 2884
0 0 0
Brucie, IPO will come good but the age old questions apply.
--------------------------------------------------------------

I've bought in on behalf of a charity fund that I help run; almost entirely for income generation via ITS and large financials/insurers. But I thought I'd stick in a holding of IPO, since at current levels it has an insane discount, large cash pile and a dividend that isn't too far from what the charity would get in a bank. Folio designed pretty much never to be traded; so we have a lot of patience. I'm hoping on the way for some special dividends to sweeten the shareholders' pill? What do you reckon?
Posted at 04/2/2024 10:27 by bamboo2
IPO's ONT shares at 156.8p each are currently worth approx £128,673,441.79

NAV of ONT per IPO share.
128,673,441/1,035,037,800 [IPO shares] = 12.43p

Your Recent History

Delayed Upgrade Clock