Taylor Maritime Investme... Share Discussion Threads

[rolo7] 06/1/2025 14:56

Spike up at 230pm with USA interest?

[scr1] 23/12/2024 16:16

I am very much in favour of the move. The company will be able to trade in other areas plus the LSE market is very tightly controlled. The announcement of the special dividend, the second since floating, confirms that additional profits will be redistributed.

[craigso] 17/12/2024 13:58

One of the attractions of TMI and SHIP is that the second-hand market for ships is pretty transparent and liquid. So if the share price / discount gets out of hand, shareholders can always push for an asset sale + a capital return.

I can see why management frustration at the persistent discount would lead them down this path, but I can't see why shareholders would agree to what ultimately will be more opaque accounting and the removal of the IT requirement to distribute most of its profits to shareholders.

[rambutan2] 11/12/2024 22:49

I was thinking they might throw in the towel and go private, but done the opposite and gone full trading company. Will mean some forced exits by fund only holders, but gives management freedom to sail with freedom - hopefully to our benefit, and not into an iceberg at full speed.

Proposed transfer of listing to the equity shares (commercial companies) category of the Official List

· Following completion of the acquisition of Grindrod Shipping Holdings Ltd ("Grindrod") on 16 August 2024, the Board has concluded that the TMI Group's current and future activities are more reflective of a commercial company as compared to an investment entity.



· The Board therefore recommends that now is the appropriate time for the Company to transfer the listing category of its ordinary shares from the closed-ended investment funds category to the equity shares (commercial companies) category of the Official List.



· The Board is of the opinion that the Proposed Transfer is in the Company's best interests to reflect better the nature of the Company's business model and management, and that the Company should benefit from the greater operational flexibility in the Company's strategy that the Proposed Transfer would afford.

Doc:

[rolo7] 11/12/2024 09:29

Nice dividend to come strange trades late last night hum...

[mr roper] 11/12/2024 07:56

Cracking update today.

[dd776] 06/12/2024 10:04

Taylor Maritime Investments LimitedSeems a low valuation with nice quarterly dividend.Small holding taken.

[ntv] 10/11/2024 19:30

Thanks for that
My mistake

[cousinit] 09/11/2024 13:58

They're not market trades, the directors are being awarded shares

[ntv] 08/11/2024 19:59

Big director buys at well above the current share price

[rolo7] 28/10/2024 12:32

Nice new shareholder on board a very rich person

[lorse] 25/10/2024 09:18

Good debt reduction, evolving fleet and reasonable outlook, with assured & experienced understanding of market.

Has the company sold (or flipped) a 2024 built 40k Handysize vessel for $35.35m? Seems a quick sale...

[rolo7] 09/10/2024 08:36

Nav already forecast to be 1.61$ due to takeover pretty much no brainer?!

[rolo7] 31/7/2024 09:00

starting to move up breaking out?

[marketmuser] 26/7/2024 07:27

Make that about £1.25 come mid August...

[rolo7] 23/7/2024 10:36

£1.15

[rolo7] 23/7/2024 10:36

Results out today but q1 ts end of the week with dividend announcement nave end of march about 1.15p

[rolo7] 27/6/2024 07:58

A new 5% share holder yesterday they upped from 3% should clear a seller maybe, cracking dividend here paid quarterly.

[rolo7] 20/6/2024 14:29

yep many thanks.

[scr1] 20/6/2024 13:59

Did you receive my reply ?

[scr1] 20/6/2024 13:14

Vote was at 11.am UK time, 6pm Singapore time. As a small shareholder in Grindrod I had a link to the EGM

[rolo7] 20/6/2024 11:55

hxxps://www.grinshipping.com/News/Article/10112

[rolo7] 20/6/2024 11:48

cr1 vote was at 12pm uk time? your post is 11:59am. evidence please?

[scr1] 20/6/2024 10:59

Vote passed, huge savings to Taylors as a result. As market takes in, share price should respond

[sam 4224] 12/6/2024 16:41

Key vote next Thursday to delist grindrod which they own majority of . Nervous markets prior to that vote