Pollen Street Share Discussion Threads

[tonytyke2] 16/1/2025 20:25

Nice, looks like the volume today was more than 10x the average 3 month daily volume!

[spectoacc] 15/1/2025 12:57

Not £500m for long ;)

[rogerrail] 14/1/2025 20:50

Sad state of affairs when a company with a mkt cap of less than £500m can enter the FTSE 250, though not complaining

[spectoacc] 14/1/2025 19:28

Good spot, had thought there were a couple ahead of us.

Hopefully changes the shareholder register over time, as well as the support base for the shares. If they continue to avoid missteps, I've high hopes for POLN.

Good luck holders.

[swiftnick] 14/1/2025 18:42

Pollen Street to be added to the FTSE 250 Index from Friday 17 January.

[spectoacc] 12/12/2024 10:50

Still a keen holder here too, good luck.

[tonytyke2] 12/12/2024 10:25

Quiet on here after a decent update this morning imo. Low PE in the 9's, High div yield in the 7's with decent further ongoing growth expected imo. Stocko rank now 98.Added further this a.m.

[catabrit] 12/11/2024 16:53

There is such little price discovery here.

[spectoacc] 21/10/2024 14:50

Must have been a serious falling-out.

Got my divi via HL a day later than expected, but that's HL these days - an overnight interest profit for them on every dividend across entire AUM.

Now if it was Barclays Stockbrokers or Halifax Sharedealing.. Or IG, who sometimes need watching closely if you're to get your dividend at all.

HL in PE ownership will be interesting - hopefully not "Morrisons" interesting - they've notably failed to invest in their systems, & should have stuck to their knitting.

[mpage] 21/10/2024 14:48

In this instance it was HL (don't judge - I am a dinosaur) - but never had a problem with them before. The FD left immediately with payment in lieu of notice (i.e. it's not gardening leave) and has already disappeared from the co website.

[spectoacc] 21/10/2024 13:51

What platform? They're usually the ones at fault.

[mpage] 21/10/2024 13:44

My div payment arrived a couple of days late and then only after I got the platform to chase it. First time this has ever happened to me in 30 years of investing.

I wonder whether there is a connection between this and why the new FD had to go?

[spectoacc] 21/10/2024 06:31

By mutual agreement on Friday, so was sudden. Yet no hurry to replace her, and saying the finance function is well covered.

I'd like to know more.

[34adsaddsa] 21/10/2024 06:19

CFO out. She was there less than four months. I wonder what happened.

[spectoacc] 15/10/2024 13:28

Landed 5 minutes ago, had forgot it was due - can't beat a chunky divi.

[tonytyke2] 15/10/2024 12:01

Everyone got their dividend payment?

[rambutan2] 09/10/2024 14:50

Yesterday's IMC presentation from the no-nonsense gals:

[rambutan2] 19/9/2024 12:57

I noticed that this was now a top 5 position in the Amati Sm Cs fund. So shareholder register gradually broadening.

Daily trading volume gradually improving, albeit from minimal.

Sensible buyback policy, seems happy to pick up any spare stock around the 700p mark.

Current mkt conditions across Europe are providing a good hunting ground for smll/mid PE with dry powder ie us, according to all my sources. And private credit remains in strong demand from insti investors.

[masurenguy] 05/9/2024 12:16

Cheers CWA1.

[cwa1] 05/9/2024 09:36

The Board is pleased to confirm an interim dividend for the period ending 30 June 2024 of 26.5 pence per share reflecting the Group's guidance that the Group will pay a dividend of no lower than £33 million in respect of 2024 and that the Group will grow dividends progressively thereafter. This represents a cash outlay of £16.5 million. In H1 2023, two quarterly dividends of 16.0 pence per share were declared, representing a cash outlay of £15.8 million. The record date for the interim dividend will be 13 September 2024 and the payment date 11 October 2024. The ex-dividend date will be 12 September 2024. Following the Reorganisation, dividends will be payable half yearly, with the final dividend for the year being paid after approval by Shareholders at the AGM.

[masurenguy] 05/9/2024 08:50

Can anyone please tell me when the XD date is for the 26.5p interim dividend. Cheers.

[catabrit] 04/9/2024 12:23

It is not as cheap as it was but netting out the b/s you are paying a sub 5x EBITDA multiple for the core fund management biz which is clearly wrong. It should be 15x. Fair value is about 900-1,000p which will continue to compound.

I continue to hold this and would love to add on weakness but with the buyback, I highly doubt I will get the chance. But with wider market jitters, you just never know. We shall see!

[tonytyke2] 04/9/2024 11:19

Looks a good update again today, prospective PE in the 9's and a div yield of around 7.5%. Currently excellent value imo and Iooks to have good growth prospects.Now looking to release funds elsewhere in my portfolio to add here.

[cousinit] 18/7/2024 14:02

Should be less than half way through the £30m

[spectoacc] 18/7/2024 11:59

Has the buy back finished? Seems to have gone quiet.