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TAVI Tavistock Investments Plc

2.90
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Tavistock Investments Plc TAVI London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 2.90 08:00:00
Open Price Low Price High Price Close Price Previous Close
2.90 2.90 2.90 2.90 2.90
more quote information »
Industry Sector
GENERAL FINANCIAL

Tavistock Investments TAVI Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
20/09/2023FinalGBP0.000730/11/202301/12/202315/12/2023
27/06/2022InterimGBP0.000707/07/202208/07/202222/07/2022
07/09/2021InterimGBP0.000516/09/202117/09/202104/10/2021

Top Dividend Posts

Top Posts
Posted at 10/7/2024 09:08 by lloydypool
Sounds like someone can't read their own contracts.

Surely, Tavi advisers weren't contracted to using TAM alone for investment management, as this would firmly place them in the restricted adviser category?

"Serious wrongful conduct" sounds a little vague and catch all. I suspect the board of TAVI have acted completely unethically but whether this also resulted in breaching the contract, remains to be seen.
Posted at 09/7/2024 08:14 by mandarin4
Simon smith none of us have a crystal ball but you love a one liner.

Daveydoo, cements even more the deal, with Saltus, is real. Why would Tavistock give them the investment management responsibilities earlier this year when they could pick hundreds of other options to manage the money? This deal was cemented early this year, press now got wind, Titan are gone and press report it making Tavi admit a deal with them seems almost certain. Clocks ticking down to announcement, question is when not if? House now thoroughly cleaned before new buyers move in ?
Posted at 08/7/2024 17:10 by makeamillion3
I get in bed with old and new. You’re clearly doing something wrong… must be your personality. Or lack of trust.

As you are obviously the worlds most intelligent man regarding Tavistock and everyone who doesn’t agree with you is a numpty, do you have any idea of timeframes. On the danger of sounding negative, I’ve heard it all before. And the senior management have history of misleading.
Didn’t you claim that Tavi had taken over a company earlier this year which never happened? Then you went missing?
Just saying.
DYOR
Ps, for the record I hope it happens and quick. I want my money out and put this whole traumatic episode in the memory bank.
Posted at 27/6/2024 22:18 by countup
All shareholders would be treated the same but up to Tavistock if they used the proceeds to issue a dividend or buy back shares etc, they may just invest it?
Posted at 21/6/2024 06:37 by russman
When TAVI originally bought the LEBC stake off the widow, it came with the option of first refusal on any other shares. It was thought that TAVI were going to buy the rest of LEBC later.
Mr Miles seems to have negotiated himself a beneficial deal. Doubt any current colleagues (who are waiting for their LEBC payout) will consider him a team player.
Posted at 20/6/2024 07:23 by russman
Thank you for the link.
On LEBC completion, BPM had 59%, TAVI 21% & ( I presume) management 20%.
TAVI had the right of first refusal of any LEBC shares but declined, BPM bought 2.52%
So who owns the balance approx 17.5%
Was it part of the deal that only Miles (CEO) could sell his 2.52%
Posted at 19/6/2024 19:31 by quepassa
1.
"Trading update and interim dividend declaration

5 October 2023

The Board of Tavistock is pleased to announce that the Group's trading in the first five months of the current financial year to 31 March 2024 is significantly ahead of the equivalent period in the previous financial year."

2.

19/12/23

"CHAIRMAN'S STATEMENT

FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2023

I am pleased to advise that trading in the first half of the current financial year is significantly ahead of the equivalent period in the previous financial year.

The Company's unaudited interim accounts for the six-month period to 30 September 2023 show that gross revenues have increased by 19% to GBP20.6 million (prior year equivalent period: GBP17.3 million), gross margin has increased by 34% to GBP7.7 million (prior year: GBP5.8 million), reported profit from operations has increased by 294% to GBP0.9 million (prior year: loss GBP0.5 million) and EBITDA (earnings before interest taxation depreciation and amortisation) has risen twelvefold to GBP1.7 million (prior year: EBITDA GBP147k)."


3.

Titan bought the Titan Wealth from Tavistock ( including Acumen Funds) in 2021 and then entered into a STRATEGIC PARTNERSHIP with Tavistock.

4.

The strength of the Strategic Relationship was again highlighted and honoured when Titan bought Aspira from LEBC in 2023 where Tavistock was a major shareholder.




It would seem highly unlikely that Titan would buy another Company from Tavistock so recently as 2023 if there were anything other than a close, trusting and solid relationship.



ALL IMO> DYOR.
QP
Posted at 20/12/2023 15:37 by z1co
Tavistock Investments PLC (AIM:TAVI) enjoyed robust growth and operational success in the first half of its financial year, with revenues climbing by 19% yearly to £20.6 million on top of a gross profit of £7.7 million.

Adjusted earnings rocketed twelvefold to £1.7 million and earnings per share flipped from an interim loss in the first half of 2022 to 0.04p this year.

Though cash resources fell 73% year on year to £2.6 million, Tavistock announced a post-period deferred consideration payment from Titan Wealth Services which increased the group's cash resources by around £5 million.

The company paid an interim dividend of 0.07p per share in December 2023, maintaining the same level as the dividend paid in July 2022.

During the period, Tavistock completed the integration and rebranding of Precise Protect into Tavistock Protect, a key strategic move poised to contribute to the group's future profitability.

Precise Protect is a profitable and fast-growing insurance and protection business based in Bangor, Northern Ireland.

Tavistock now boasts a network of over 400 advisers and services more than 110,000 clients in the UK. Additionally, the company has effectively managed British Steel Defined Benefit Pension Transfer cases, incurring minimal uninsured costs.

Chief executive Brian Raven commented: "I am pleased with the company's strong growth during the first half of this financial year and the successful integration and rebranding of Precise Protect, now Tavistock Protect, which is set to be a major contributor to future profitability of the group.

“The company's cash resources have been bolstered recently by receipt of the second of three deferred consideration payments from Titan Wealth."
Posted at 22/11/2023 07:11 by quepassa
1.
Share now yielding a handsome 1.75% which for AIM is very good.

The interim dividend is 0.07p and share goes XD in less than ten days on 30th November with Pay-date a fortnight later on 15th. December.


Recent Dividend History is solid:-

2021 0.05p
2022 0.07p
2023 0.07p.


2.

The recent October Trading Update detailed out-performance and contained the magic words " SIGNIFICANTLY AHEAD" compared to prior year. At the same time, Tavistock declared their latest dividend and re-confirmed their commitment to deliver shareholder value through growth.


The latest dividend was declared just last month on 5th. October 2023.

The LEBC sale of Aspira Corporate to Titan was agreed 10/11/23.

It can be assumed that details and consideration for the Aspira sale were already known by Tavistock when they declared their dividend a month prior.

It seems highly unlikely in my view that Tavistock would have gone ahead with the dividend declaration if they had not achieved a satisfactory price in relation to their 20% LEBC/Aspira stake.


Against a maintained dividend and extremely buoyant Trading Update, the share looks compelling at this depressed level.


ALL IMO. DYOR.
QP
Posted at 21/11/2023 08:52 by quepassa
1.
Share now yielding a handsome 1.75% which for AIM is very good.

The interim dividend is 0.07p and share goes XD in less than ten days on 30th November with Pay-date a fortnight later on 15th. December.


Recent Dividend History is solid:-

2021 0.05p
2022 0.07p
2023 0.07p.


2.

The recent October Trading Update detailed out-performance and contained the magic words " SIGNIFICANTLY AHEAD" compared to prior year. At the same time, Tavistock declared their latest dividend and re-confirmed their commitment to deliver shareholder value through growth.



The latest dividend was declared just last month on 5th. October 2023.

The LEBC sale of Aspira Corporate to Titan was agreed 10/11/23.

It can be assumed that details and consideration for the LEBC sale were already known by Tavistock when they declared their dividend a month prior.

It seems highly unlikely in my view that Tavistock would have gone ahead with the dividend declaration if they had not achieved a satisfactory price in relation to their 20% LEBC stake.


Against a maintained dividend and extremely buoyant Trading Update, the share looks compelling at this depressed level.


ALL IMO. DYOR.
QP

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