R.e.a Hlds 9%pf Discussion Threads

[russman] 13/12/2024 06:04

prefs were 80p when REA last passed the divi.
have to see what the next results are like; divi seems too high even for the risk.

[cwa1] 12/12/2024 08:06

Held up surprisingly well for XD day! Sold a few of the recently bought trading shares at a whisker over 81p, will keep the rest. Pay day is 31/12

[cwa1] 09/12/2024 08:30

Yes, registration day almost invariably one working day after XD day. Ex Dividend day, with VERY few exceptions, is a Thursday-if it falls on any other day someone has probably made a mistake!

[citytilidie] 09/12/2024 08:18

Registered is different to the XD date. It’s solely for the Registrars of the Company to close of their books and then Crest/Stock Exchange make any adjustments

[russman] 06/12/2024 06:08

13th........

[cwa1] 05/12/2024 12:40

12/12 now official...

R.E.A. Holdings plc ("REA" or the "company")



Dividend in respect of 9 per cent cumulative preference shares (the “preference shares”)



In the company's half yearly report for the six months ended 30 June 2024 published on 19 September 2024, the directors stated their intention that, subject to no material adverse change occurring during the coming months in the financial performance of the group, the semi-annual preference share dividend of 4.5p per share falling due on 31 December 2024 would be paid on 31 December 2024.



In line with that intention, the directors have today declared that the semi-annual preference share dividend of 4.5p per share falling due on 31 December 2024 in respect of the half year ending on that date will be paid on 31 December 2024 to holders of preference shares registered at the close of business on 13 December 2024.

[coolen] 04/12/2024 21:52

CWA1, not sure what they call it now, but it is the rollover from the former "ProQuote".

[cwa1] 04/12/2024 21:24

FT saying 12/12 too...

[cwa1] 04/12/2024 21:19

Cheers, thanks for that. Which system do you use if I may ask?

[coolen] 04/12/2024 21:03

XD confirmed 12th Dec on my system.

[cwa1] 04/12/2024 17:28

Another decent day with reasonable volume too

[dandigirl] 03/12/2024 18:17

Highly unusual not to have some sort of announcement.Something cooking, I wonder.

[cwa1] 03/12/2024 06:26

OK. I'll guess at this Thursday, 5/12. Any other takers?😉

[russman] 03/12/2024 05:09

my guess is XD 12th Dec.
But I may be putting 12 & 12 together to get 24.

[jaf111] 02/12/2024 11:18

Anyone seen any xd date for the prefs….would have thought this Thursday (5th)??

[dandigirl] 26/11/2024 13:58

Like pbaker we are 6 figure holders of the prefs.

[dandigirl] 26/11/2024 13:57

IMV barring unforeseen circumstances, there is no doubt that the dividend will be paid at year end given the price of CPO these past many weeks. Moreover, following the deal of earlier this year the balance sheet has improved. Then there is the purchase at discount of some of the dollar debt from cash resources.

[cwa1] 26/11/2024 12:43

...and another 35,000 @ 83p gone through at 10.33am

[jaf111] 26/11/2024 11:26

Buyer must surely be confident / “in the know” about the 4.5p payment due at the end of next month……

[cwa1] 26/11/2024 11:04

That's a decent sized trade at 8.30 this morning. 50,037 going through at 85p, well above offer price. Nice to see the price tick up a touch too

[dandigirl] 15/11/2024 14:53

From A J Bell's Shares magazine...........

‘As to what M.P. Evans will do with the cash remains to be seen but M&A is certainly on the agenda with it having recently increased its portfolio by 10,000 hectares through a series of acquisitions,’ added the broker. [Panmure].

[dandigirl] 15/11/2024 08:06

CWA1 - thanks. Interesting. Just to add that I don't think that "the market" has cottoned on to the improvements at REA. The Evans announcement will draw attention to both companies, I suggest.

[dandigirl] 15/11/2024 08:00

pbaker - thanks. I think the restructuring of earlier this year has put the company on a sounder footing. The high CPO price is a bonus although the company suggested that this could be offset by lower production. I agree that there is a possibility of price reversal or an act of stupidity by the government. I, too, will be looking to reduce should the price rise. 90p does it for us.Then there is the possibility of a take over.

[cwa1] 15/11/2024 07:56

Of interest :-)