Rtc Dividends - RTC

Rtc Dividends - RTC

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Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Rtc Group Plc RTC London Ordinary Share GB0002920121 ORD 1P
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 46.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
46.50 46.50 46.50 46.50 46.50
more quote information »
Industry Sector

Rtc RTC Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

davidosh: This delay means the support services needed and provided by RTC are going to be required for another six months at least... https://www.bbc.co.uk/news/world-us-canada-56737563
edmundshaw: rivaldo, quoting, " It is unlikely that we will be recommending a return to payments in the near future." Sensible to maintain maximum cash flexibility until conditions are clarified, I am not expecting an interim at this stage, as there are still unknowns with the government pandemic exit strategy and possible (IMO probably not serious) unknowns with the impact of COVID variants, and the company seems concerned about the effects of wider economic changes (it has specific exposures to the oil sector for example). More importantly, the group now has no term debt and has enhanced total equity for investors in difficult trading conditions. I am rather positive about the flexible strategy and operations that RTC has evidenced, which IMO augurs well for the future here.
rivaldo: Are these very good results or what at first look?! Here we have a £4m m/cap company at 45p which has made 4.66p EPS and £1.1m operating profit when badly affected by the pandemic, and has £1.9m net cash! Admittedly £1.5m of VAT has been deferred, and the divi has been suspended for the foreseeable future. But overall this is surely a very creditable result, and certainly better than I expected. It's also encouraging that RTC "believe we are well placed to capture opportunities that will emerge through the Government's social housing and electric vehicle initiatives which will drive long term demand across the sector." There's a lot to read through, but still.....
edmundshaw: Exactly so David. This is my only real microcap currently... it is a different ball game to my other small caps, let alone my L&G and Phoenix holdings! But profits come in all sized companies... not to mention a prospective re-established dividend yielding 9.9% at 42p (8.85% at 47p). I get the feeling that many smaller companies are recovering well of late - those massive yields were available from safe FTSE 100 shares a few months ago before they recovered. Whoever is buying now has very nice timing I think!
davidosh: Maybe a bit of buying ahead of results and the return to pre covid growth The Group expects to announce its preliminary results on or around 22 February 2021. In spite of the difficult economic environment, I remain cautiously confident of our ability to deliver continued positive results in 2021 in all areas of our business." Lets face it RTC is still 40% lower than where it was this time last year
rivaldo: This is a chance to use one of my favourite words - obfuscating :o)) Considering RTC made £231k PBT in H1, to state they will "record a profit" for the year is meaningless. Does it suggest they made a small loss in H2, when things were supposed to get better after lockdown one? Did cash improve or worsen in H2? The context here is that the m/cap is only £3.8m, so there's hopefully little downside except on a bad day (this is an illiquid stock), and substantial upside if Ganymede and GSS continue to thrive and ATA keeps its head above water. I'll keep my relatively small stake on that basis, but really RTC need to vastly improve their communication and disclosure. And interaction with PIs is now even worse - at least Whitman Howard's research used to be available on Research Tree, but now they're with Panmure Gordon even that has gone.
edmundshaw: News? The trading statement is almost barren of any content. RTC "will record a profit", "both the net debt and cash position is (sic) sound", zero quantification or breakdown of different parts of the business. Reads like it was scribbled off in 5 minutes.
speedsgh: In common with many other companies recently, the final dividend payment has been withdrawn... AGM changes - HTTPS://www.investegate.co.uk/rtc-group-plc--rtc-/rns/agm-changes/202003301532220987I/ Due to the evolving Coronavirus (COVID-19) situation, the Board of RTC announces that the Company's Annual General Meeting (AGM) will now be convened at the Derby Conference Centre, London Road, Derby, DE24 8UX at 12 noon on 17 June 2020. Further, given the need to hold an AGM before the end of June 2020, and the likelihood that the full extent of the COVID-19 situation and therefore its' impact on the Group will not be known at that point, the Board have deemed it prudent to withdraw the resolution on a final dividend at the AGM. The Board remain committed to their dividend policy where circumstances allow and hope to be able to update shareholders on future dividend payments later in the year. A notice convening the Annual General Meeting will be sent to shareholders as soon as is practicably possible.
davidosh: Here is the morning flash note from WH the broker.... RTC* – RTC.L, 62p, Mkt Cap £9m, Buy (TP 100p) 2019 PBT in-line and improvement in the net debt position RTC has released a positive trading update for the 12 months to December 2019 which not only confirms that PBT is in-line but also the continued downward trend in net debt.  Our 2019 PBT estimate is £1.9m while our current net debt forecast is £4.1m (down from £4.5m at December 2018).  Given recent updates from across the recruitment sector which have invariably led to downgrades this is a reassuring update and underlines its strategy of been able to rely on recurring income from its Ganymede and overseas GSS divisions for c60% of revenues as we expect the growth in these two divisions to offset anticipated declines in the UK based ATA recruitment division.  ;The improved cash position also gives us confidence that our dividend forecast for 2019 of 4.2p (2.4x covered) representing growth of 8% is achievable. Due to the diversified source of earnings, we believe, RTC should enjoy a higher rating (currently trading at a discount to the small-cap recruiters), with it trading on a 2019 PE rating of 6x and offering a yield of 7%.  Even at our price target of 100p the 2019E PE rating and dividend yield would still only be 10x and 4%.  We maintain our buy recommendation with the prelims expected on Feb 24th.
rivaldo: Excellent - today's update confirms trading nicely in line with 9.9p EPS and 4.16p dividend expectations. Plus there's rightfully cautious optimism for the current year. Which puts RTC in line for 11.4p EPS and a 4.57p dividend this year. At 61p that's a P/E of just 5.4 and a 7.5% dividend yield! Https://uk.advfn.com/stock-market/london/rtc-RTC/share-news/RTC-Group-PLC-Trading-update-and-notice-of-results/81591692
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