Share Name Share Symbol Market Type Share ISIN Share Description
Media And Income Trust Plc LSE:MEI London Ordinary Share GB0009216283 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.01p 0.00p 0.00p - - - 0 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
0.0 10.1 8.3 0.0 0

Media And Income Share Discussion Threads

Showing 1 to 12 of 175 messages
Chat Pages: 7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
14/11/2001
09:16
Thanks Brian, very helpful...err what's the St David fund - should I know? PS when's the bid going to move?
novision
07/11/2001
10:58
I sent an e-mail to Aberdeen AM. I thought you good people would like to see it. Dear Sir/Madam, Would you please give me an update on the funds situation. Will the next dividend be paid? What are the options? If the fund is merged with another fund how will it affect the shareholders. How did it affect the St David fund? Did they continue to get dividends paid? Regards, Thank you for your recent email. The Media and Income Trust has not yet announced when its next dividend will be paid. It will be paid in January, but has not yet gone ex-dividend. The previous dividend was paid by the Company on 19 October 2001. This trust pays dividends quarterly. There has been no announcement to suggest that the Board and Directors of this trust are considering a merger with another Investment Trust. If this was to be considered, the shareholders would be informed and asked to vote on the proposal. St David's shareholders continued to get their dividend paid, at a reduced rate. The results of the implementation of these proposals was recorded in an announcement on 10 October 2001: St. David's Investment Trust plc ("the Company") announces that all resolutions proposed at the Separate General Meetings and Extraordinary General Meeting held earlier today have been duly passed. The Board is pleased to announce that the Company has raised approximately £33 million after expenses as a result of the Placing and Open Offer of preferred annuity shares of 1p each ("Preferred Annuity Shares") and the Placing of further Preferred Annuity Shares and zero dividend preference shares 2008 of 1p each ("2008 Zeros"). Based on the Company's total assets as at 9 October 2001 and the net new funds raised, the Company will have total assets of approximately £159 million after the expected adjustment to the Company's bank loans These changes will result in: - A net asset value for the Ordinary Shares of approximately 6p, - Greater protection from a breach of banking covenants in that total assets would have to fall by more than 21 per cent. from today's figures before breaching the loan to value covenants, - Tangible improvements in the cover of both the 2003 and 2007 (now to become 2008) zeros. Kind regards Suzanne Taylor Customer Enquiries Adviser PLEASE NOTE, they say the dividend WILL be payed in January
bpoole
29/10/2001
09:34
The Div this year is 9p of which 2.25p is still to be paid. Presumably there is a chance that further divs will be paid next year, don't know whether it'll be 9p though.
novision
28/10/2001
14:31
are you lot saying , the shares are a buy at 6p & the div is 9p a share?? is this right .
bari
27/10/2001
00:25
bpoole but isn't the nav of the ordinary shares 0p???
currypata kai
27/10/2001
00:11
Freddie - I think this is what Brian's on about http://premium.advfn.com/cmn/news/newsmona.php?article=1129468&epic=MEI The bit on dividends is below. The 9p is mainly historic there is only 2.25p promised to come at the moment. If it stays afloat and does the same next year .... well, I bought a few as a punt... DIVIDENDS AND DIVIDEND FORECASTS The policy of the Company is to distribute substantially all of its net revenue after taxation by way of quarterly interim dividends payable in January, April, July and October each year. Ordinary Shares In respect of the current financial year ending 30 November 2001, the Directors confirm the existing dividend forecasts for the Ordinary Shares as follows: Dividend Net dividend Expected Expected per share ex-dividend date payment date Second interim (Existing 2.25p 23 May 2001 19 July 2001 Ordinary Shares only) Third interim 2.25p 12 September 19 October 2001 2001 Fourth interim 2.25p 27 December 2001 18 January 2002 Taken together with the first interim dividend of 2.25p per share paid in April 2001, the forecasts amount to 9p per Existing Ordinary Share for the current financial year. The first dividend payable on the New Ordinary Shares is the third interim dividend and they will not rank for the second interim dividend.
novision
26/10/2001
03:04
bpoole, saw the rise today and of course am fascinated... with a dividend that high - this is a no brainer right?? when is the next dividend payment due?
camp freddie
25/10/2001
14:33
Up 67% today!
bpoole
25/10/2001
13:38
Some poor sod sold 304000 at 1.5p. They are now 4p
bpoole
25/10/2001
08:39
NAV up 50%. They have assured me they will maintain the divi even in the worst case scenario which is they merge with another trust. The divi is 9p pa. Work it out for yourselves. Phone 0500 000040 and get the information first hand.
bpoole
24/10/2001
14:31
This could be ten bagger with a good divi.
bpoole
24/10/2001
14:09
MEI shares have been taking a hammering lately because of the bad press the split investment trusts have been getting. I have just phoned up Aberdeen Asset Management and they assured me the divi will be paid. With the next divi 2.5p and total for year 9p this seems to be a good gamble to me with the share price at 4p. Phone 0500 000040 and check it out for yourself.
bpoole
Chat Pages: 7  6  5  4  3  2  1
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