Tellworth British Recove... Share Discussion Threads

[neilyb675] 05/8/2014 16:07

13th Aug - very interesting day here

[neilyb675] 05/8/2014 16:07

all about the div and seeing them confirm in black and white what shareholders are to get. Seen the blurb about projected yield need it confirmed now !!

[neilyb675] 05/8/2014 15:58

topped up at 236

[speedsgh] 05/8/2014 15:20

Interims due a week tomorrow...

Brit will be presenting their 2014 Half Year Results on 13 August at 10.45am -

[neilyb675] 14/7/2014 16:59

first interim div will be paid in cash, at that point shareholders will be asked whether future divs would be preferable paid as DRIP.....

Any interim divi will be announced at HY results - 13th Aug.

source: Sam Dobbyn (Head of Inv Relations - BRIT)

[scottishfield] 30/6/2014 10:15

happy to be in @ 241 this morning.

[lord gnome] 28/6/2014 12:49

An 8% yield will do for me. Any special divi is purely a bonus.

[eeza] 28/6/2014 10:27

Thank you, Midas.

[m1das_touch] 28/6/2014 09:14

The Numis forecasts include potential special dividends, which are highly likely to be declared due to anticipated surplus capital - but of course not guaranteed.

[eeza] 28/6/2014 08:36

@scottishfield

See post #4 and #12:- (2014 Div should be 6.25p paid Q3 & 12.5p paid early 2015)


oniabsta
2 Apr'14 - 19:29 - 4 of 32 0 0

Does anyone else make the prospective divi 18.75p?. About 7.9% yield can that be right?

ie £75m/400m shs = 18.75p (1/3 or £25m payout in Q3. 2/3 or £50m payout early 2015 according to prospectus section C7 dividend policy)

[scottishfield] 27/6/2014 15:12

tks M1das (in AML currently)

[m1das_touch] 27/6/2014 15:11

Numis Securities is forecasting 34.7p for 2014 and 37.8p for next year, so a forward yield of around 15% at these levels!

[scottishfield] 27/6/2014 14:47

what is the expected divi here please guys? tks

[m1das_touch] 04/6/2014 20:42

With effect from Monday 23 June, Brit Plc will be admitted to the FTSE250 index, which should lead to further buying by tracker funds, ETFs, mid-cap fund managers etc.

[bscuit] 31/5/2014 14:48

Like others I usually wait two weeks for the IC bounce [MMs can read] to subside as it usually does before I might follow an IC tip, but I have done well out of some --the 2012 Income Tip of the year was Smiths News [now CNCT] at 76p and late last year they spiked for no logical reason [of which I took advantage] at 250p. So IC can work. Here the yield is the attraction. but the concern is will it be maintained.

[jong] 30/5/2014 17:27

These were also tipped by Redmayne-Bentley stockbrokers in their Equity Investment sheet yesterday. They reckon they are a buy on their yield and low rating compared to their peers. Canaccord and JPMorgan rate them a buy up to around 255-256p.

[m1das_touch] 28/5/2014 23:38

Yes to be fair I've laughed at some of IC's tips at times too, especially when they tipped Easyjet as a sell at 744p in December 2012. Just a quick glance at the charts showed me that this was a share in a very strong uptrend...professional investors / traders would be looking for opportunities to buy on the dip, certainly not to short. The price went on to peak at over 1800p, since when it's pulled back - but it's still over 1500p, i.e. well over double the price at which they tipped it as a sell.

As Lord Gnome says, the best way to use any tips is as a source of ideas for personal research.

[lord gnome] 28/5/2014 21:21

Fair points modform. IC is a source of ideas for my own research. I never buy simply because some journalist says so. I have, however, done very well over the years by buying shares that they had suggested, same with Shares Mag although not recently

[modform] 28/5/2014 20:41

It's purely based on my own judgement of watching what they have tipped. On a no of occasions I have gone against their recommendations like AZN and BGEO where they kept giving sell recommendations and I kept topping up, and they have been rising stars.I just laughed when they tipped GBO and MONI at their peak.I could go on but if you have done well, it is down to your own research rather than IC tips.cheers.

[lord gnome] 28/5/2014 14:04

ditto me, Midas.

I have a pal who invests only on the back of IC tips. His tactic is to wait a couple of weeks to see where a tipped share settles and then decides if he wants any. If he likes a share but the tip has moved too far and doesn't look as though it will come back down to a 'sensible level' he leaves it alone and buys something else instead. Plenty of fish in the sea. Sad to say that his investment record is better than mine.

[m1das_touch] 28/5/2014 11:28

modform - do you have any evidence for that or is it just based on a gut feeling or bad personal experience of following IC share tips?

I very rarely buy on the basis of tips from any source, although I often use them as a starting point for my own research. On that basis I've made a number of trades / investments in companies that I first saw tipped in IC and have probably covered my subscription for the next 1,000 years with the profits banked!

[modform] 27/5/2014 23:11

Good luck Lord, IC has very poor record in share tips.