Raven Prop P Discussion Threads

[neilyb675] 17/1/2022 15:21

can anyone tell me the NAV on the preference shares ??

I can see the 50p on the ordinary shares (up from 40p).

thanks in advance !

[montyhedge] 17/1/2022 09:52

Been holding for 11 years, seen ups and downs in the markets, but good old RAVP pays out every 13 weeks.Always like it when directors hold a chunk has well.

[gfrae] 17/1/2022 08:28

No idea, but it can easily be justified. It would appear that they are not encouraging people to accept the scrip, sensible.

[holts] 17/1/2022 08:16

It seems to me in general I do not like or don't bother to set up for fixed income stuff even down to such as Nwbd , the system doesn't recognise but if you ignore and go through to next screen it will quote and execute , some such as say notp it will not trade at all online .

[yieldsearch] 16/1/2022 19:24

I have a question in relation to the scrip dividend:
looking at historical scrip dvd circular it seems that it has been set at 134 - 136 for the last few years while the ravp price broadly went from 140 area to 115.
The circular is stating "The value of each new Preference Share has been determined by the directors of the Company using the discretion afforded to them under the articles of incorporation of the Company"

Any idea on how this is calculated? or shall we assume that it is set at a price by the directors for their own benefit?

[user2007] 14/1/2022 15:25

ScrwalYou are right, it works the way you described.Thank you.

[cc2014] 14/1/2022 15:17

Learn something new everyday scrwal. Thanks

[scrwal] 14/1/2022 15:13

CC2014

There are shares traded on LSE that are treated like US shares - DEC (ft250) is one where you need the W-8BEN to only suffer 15% tax in an ISA.

[scrwal] 14/1/2022 14:57

user2007

ii do support RAVP but don't make it easy.

On the trade screen type in RAVP and hit enter - ignore the no matching search result. You will then get the usual realtime quote etc

The same applies for other equities as well - no idea why.

[cc2014] 14/1/2022 14:47

Just to point out this isn't a US share. Traded on LSE.

[user2007] 14/1/2022 14:37

Thank you.

[igbertsponk] 14/1/2022 14:26

The 3p is paid in full whatever account you hold it in, no tax deducted.
I've never had a problem - hold mine mostly through CS Direct.

[user2007] 14/1/2022 14:24

Hi. Just a quick question. If shares held in Isa or sipp accounts are divis paid in full automatically ?Or do I need to submit some form - similar to e.g. W8-ben form to trade us shares?Also I noticed that II don't support this share but AJBell do. Do you have the same experience?Thank you - new to this share...

[spectoacc] 13/1/2022 14:54

For now :)

[montyhedge] 13/1/2022 14:51

At least we are beating inflation holding this.

[igbertsponk] 12/1/2022 13:09

TMF tipped the company

[igbertsponk] 12/1/2022 13:07

Going green - will help get ESG funds interested (or retain them anyway!).

[kenny] 12/1/2022 13:02

A report from a few days ago states that the company is to buy a warehouse near Moscow.

I wonder if this report is accurate because, in my opinion, the company already has a high gearing. However, if they are looking at property purchases, it suggests the directors are confident about cashflow covering the coupon on RAVP for the foreseeable future. That is good news for long-term holders of RAVP.

[igbertsponk] 11/1/2022 16:21

Such a boring share, nowt happens except every 3 months they chuck 3p at us.

[rayg5] 11/1/2022 11:31

The only current trend I can see is a narrowing of the spread, with the bid drifting higher and the ask lower. No doubt as we approach xd in mid-Feb. the ask will start to rise.

[rayg5] 06/1/2022 17:56

For the record, ii credited the divi on 31 Dec.

[montyhedge] 04/1/2022 17:10

Of course compounding eighth wonder of the world, according to Buffett and Einstein. Been doing it in Raven for 11 years.

[rayg5] 04/1/2022 16:12

I'd say yes.

[igbertsponk] 04/1/2022 15:57

Almost as if divis were being reinvested...

[rayg5] 04/1/2022 15:49

You can read this thing like a book. Up we go.