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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Renovo Grp | LSE:RNVO | London | Ordinary Share | GB00B081NX89 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 15.625 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
26/4/2014 00:25 | Not if they keep expanding the jobs for the boys and start to go down the road of awarding cheap very atainable options. Remember we are like a bank now, except we are a bank that is prepared to lend to small businesses, hopefully with proper constraints. I hope bonuses for directors and staff are not even being discussed until we have established and are paying dividends, with proper cover. Do we know what kind of salaries we are paying for all the new appointments yet? We, like the UFG shareholders, don't want to find out that the considerable RNVO millions are disproportionately being consumed in salaries and virtually unearned options. If they are not paying dividends then there has to be controls on expenditure, to ensure that capital growth is achievable 'in the early years', and we're not just getting hot air that sounds good but, as in the past, turned out to be just that, hot air. I say 'no' to any salary increases, no bonuses, and no options that vest before the share price gets up to 100p We still haven't heard what happened to all the highly expensive RNVO products that cost tens of millions to develop and on which the directors wrote such high praising reports each year, AND the medical/biopharm professors waxed lyrical on. | alimo | |
24/4/2014 16:07 | Thanks, I had temporarily overlooked that, but still not sure why it is necessary to suspend sensible dividends, which were very useful to UFG shareholders. Certainly not much sign of any capital appreciate to date. Perhaps the next results will be more encouraging. | shaka198 | |
24/4/2014 15:42 | OK, I did not realise that you (shaka, alimo, etc.) were talking about UFG's dividend policy. Renovo's RNS on 22 July '13 announcing the recommended offer for UFG, included the following: "9. Renovo dividends Following the Acquisition, the Enlarged Group will continue to focus on generating capital appreciation and therefore any income generated by the Enlarged Group will be applied to cover costs or will be added to the funds available to further implement the Enlarged Group's strategy. As a result it is unlikely that the Board of the Enlarged Group will recommend a dividend in the early years and there can be no guarantee that a dividend will be recommended in the future. Nigel Martin | gnnmartin | |
24/4/2014 13:08 | 123P - Like you I am a bit puzzled about what is going on. The guys on the ground say there is no shortage of funds to lend, I just hope they are doing so profitably and growing the book at a faster rate without excess BD exposure and big overhead increases. I can see no reason why the dividends have ceased. Like you I have been in a long time and getting bored of waiting for something decent to happen. I would have hoped the extra funding from RNVO would have compensated for the dilution, I hope I am not wrong? Looks like we will have to wait for the next set of results to learn anything sensible? | shaka198 | |
24/4/2014 00:41 | I've forgotten (or never noticed) that RNVO promised dividends. When was that? They were buying back shares for a while, but since the acquisition of the Ultimate Finance Group they have a good use for their/our money, and I think it wise to hold off dividends. Once the future is clearer, then perhaps they can usefully rethink. Nigel martin | gnnmartin | |
23/4/2014 23:40 | Did directors consult shareholders before cancelling dividends and adding to the Board? I would have thought this is a matter for the AGM. Do I live in dreamland? | alimo | |
23/4/2014 21:52 | Nigel. Interested to see you here. Did you invest in PIP? - we met at the AGM. If so, could you post on the PIP BB? Shaka198. I have been in UFG for more years than I care to remember and even though progress was slow, the dividend was welcome. RNVO don't seem to believe in dividends. If that's the case then surely we should get a bit more action on the trading/takeover front? Boredom and no divi I find hard to cope with. | 123prezzie | |
04/4/2014 20:24 | Difficult to read the figures due to short trading period post acquisition, and no comparatives, also no mention of any dividend, has that been shelved? Shame if it has as UFG dividend was most welcome. Lot of recent trading pushing price down, not clear why as report was bullish? | shaka198 | |
04/4/2014 15:47 | There must be a lot of shareholders from the early days of Renovo for whom the shares are worth more as a tax loss that they will fetch when sold. I hope this is the reason for the weakness in the share price, and I've taken the opportunity to buy. The preliminary report is enthusiastic about the future. Nigel Martin | gnnmartin | |
28/3/2014 08:45 | Any idea when figures due? | shaka198 | |
17/3/2014 19:13 | does't look good, any ideas fall from 19p | latifs100 | |
07/3/2014 21:47 | Busy trades today? Any news? Results due? | shaka198 | |
24/2/2014 16:56 | Can't find any estimates on any system! Anybody seen or heard anything? | foxman14 | |
06/2/2014 22:50 | We haven't been consulted re altering dividends so surely the profit model should continue, no? | alimo | |
06/2/2014 17:48 | Useful volume at 19.75 p is encouraging. Hopefully trading is better than anticipated? Is the plan to still pay dividends? | shaka198 | |
06/2/2014 16:19 | yes i saw that too, any ideas whats going on? what is cash n debt levels? tia | latifs100 | |
06/2/2014 14:57 | Sp up 4.6% on 198,000 volume! | alimo | |
31/1/2014 14:44 | There's not been an update for months and a statement on the merger would be helpful to everyone. They will know already how they have been trading to 31st Dec and a short update wouldnt go amiss. | alimo | |
30/1/2014 18:09 | Good to see if profits are continuing to increase on back of merger/extra funding and a decent dividend continue? Market conditions are still good for their business, although a lot of competition. Couple of months to find out. | shaka198 | |
30/1/2014 14:22 | Year end was changed to 31st December, so I would guess another couple of months before figures are due. | tiltonboy | |
30/1/2014 14:02 | When are we due a financial update? It would be nice to hear something to say that the whole merger is a success and we are by helping to oil the economy, making acceptable profits that may even envisage our first dividend payment. | alimo | |
15/1/2014 22:07 | Shaka, AFAIK Bentley Park are a wealth management company from Nottingham hxxp://www.bentleypa | danwaits | |
15/1/2014 16:06 | Who are Bentley Park Ltd? | shaka198 |
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