Mapeley Share Discussion Threads

[badtime] 11/8/2008 10:50

agreed losses..goes ex div wed 20/8 i presume..so must hav bought by close of play tues

[losses] 11/8/2008 10:45

GS, the record date is not the Ex div date. Ex div is usally before the record date.

[gsands] 11/8/2008 09:48

To receive the divi you must be on the record of shareholders on 22 Aug 2008.

[gsands] 11/8/2008 09:44

U.K. government bonds rose, erasing declines, with the yield on the 10-year gilt losing 4 basis points to 4.91 percent. The price of the 5 percent security due March 2018 rose 0.29, or 2.9 pounds per 1,000-pound ($1,987) face amount, to 100.65. The yield on the two-year gilt declined 4 basis points to 4.89 percent. Bond yields move inversely to prices.

[losses] 11/8/2008 08:20

when is the ex div date though?

[gsands] 11/8/2008 08:17

Dividend
At a Board meeting held on 8 August 2008 the Board of the Company declared an interim
dividend of £13.9 million equating to £0.47 per
share (31 December 2007: £13.8 million, equating to £0.47 per share; 30 June 2007: £13.8
million, equating to £0.47 per share). The record
date for this dividend is 22 August 2008 and the payment date is 5 September 2008.

[gsands] 11/8/2008 07:55

Nice solid results on first impressions. Need to read them in detail but looks like the business model is operating well.

NAV write downs are to be expected for the next few year(s), but this will correspondingly improve the yield.

As the BoE start lowering rates next year, this will have the affect of making this yield figures look even better. At some point (middle of next year??) the NAV write downs will cease.

[chopsy] 11/8/2008 07:19

They propose a divi, alright.

£75m writedown, is that good?

[tourist07] 08/8/2008 16:51

Have GS sold a major holding? Always find it hard to interpret those releases!

For reasons previously stated, Board should be removed if they propose a divi. Mapely are walking a knife edge on liquidity.

[losses] 08/8/2008 10:31

wowzers another bashing

[gsands] 08/8/2008 10:29

Interesting. Thanks for the heads up:

[alitak] 08/8/2008 10:16

Fortress results not too hot, this may explain yesterday's sudden drop.

[losses] 07/8/2008 21:09

dow down 224 and RBS results tomorrow. Not looking good in my opinion. I was in profit a while back now back in RED.

[ok,yah] 07/8/2008 17:57

Mapeley already indicated a dividend in quarterly results so I am betting the divi is safe -- The company has said it will reduce the dividend and commence buybacks. The reduced dividend still being very juicy for buyers at these levels.

Typical! The price drops sharply after i've added. Hoping a double bottom will form on the chart to offer support.

[rochdale] 07/8/2008 17:52

yes in short but i doubt it or the income funds would offload and the company would not want that

[losses] 07/8/2008 16:27

could there be chance that the divi is cut or even not paid?

[gsands] 07/8/2008 16:25

SP weak again today. Let's hope it's not a pre-cursor to any bad news due on 11th.

Divi date will be announced on the 11th August along with the figures.

[losses] 07/8/2008 16:24

GS when is the Xdiv mate or will it be decided on results day?

Bit of a steep drop today somethings up for sure.

[jonwig] 07/8/2008 16:22

It was last year - Terrace Hill and Crest Nicholson were bidders to build and Mapeley to administer the leases.

Other bidders included Land Securities/Trillium.

Not that it matters, now.

[gsands] 07/8/2008 16:10

Doesn't look like anything MAY would be involved with.

[losses] 07/8/2008 16:00

No mention of May in that article.

[jonwig] 07/8/2008 15:57

MAY were bidding for this, but have failed.
Perhaps no bad thing, and the timing doesn't match the price fall:

[losses] 07/8/2008 15:43

when does this go XDiv? last year it was 8/8

[losses] 07/8/2008 15:39

what happened there?