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Share Name Share Symbol Market Type Share ISIN Share Description
Utilico Emerging Markets Trust Plc LSE:UEM London Ordinary Share GB00BD45S967 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50 -0.27% 183.50 182.50 183.50 185.50 183.00 184.00 255,797 16:35:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 21.4 18.2 7.5 24.6 411

Utilico Emerging Markets Share Discussion Threads

Showing 476 to 496 of 575 messages
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
DateSubjectAuthorDiscuss
02/3/2018
12:13
killing - we were forewarned (23/02): This dividend would typically have been paid in June 2018. However, in light of the proposed re-domicile of the Company to the United Kingdom and the expected timeframe for Utilico Emerging Markets Trust plc to complete the proposed capital reduction to create a distributable reserve, the Board has decided to bring the payment of fourth quarterly interim dividend forward. In addition, since the listing of the Company's shares is expected to be cancelled at the time of the listing of the shares of Utilico Emerging Markets Trust plc, shareholders should note that the fourth quarterly interim dividend will be a cash dividend only and the Company's dividend reinvestment plan will not operate.
jonwig
02/3/2018
10:55
Had the dividend paid yesterday and just noticed that the stock goes ex-div again on the 22nd of this month with payment on the 13th of April. They seem to have moved it forward by two months. :-)
killing_time
01/3/2018
16:31
The on-shoring of UEM will mean that share purchases will be subject to stamp duty. Remaining offshore may incur the political risk of attack by a Corbyn government but coming onshore may make it more easily vulnerable to legislative changes by said government. The requirement to distribute 85% of profits in dividends will make it less flexible. The main argument for is that the company is now subject to greater capital gains tax. Hopefully, the UK's double taxation agreements won't be affected by Brexit.
rick138
26/2/2018
20:24
And as not so cunningly expected, the report nearly opens with: "UEM has announced that it is proposing to change its domicile from Bermuda to the UK, which has the potential to improve investor perception and may lead to a narrower discount." :) Now if only UIL Ltd did the same... Same team and family mind you, so there is hope.
vacendak
26/2/2018
14:28
Edison note issued today.
jonwig
20/2/2018
06:36
Citywire doesn't know why either: Http://citywire.co.uk/investment-trust-insider/news/utilico-emerging-markets-plans-move-to-uk-from-bermuda/a1093920?ref=investment-trust-insider-latest-news-list "Raising profile"?
jonwig
16/2/2018
06:37
@ vacendak - not your fault: it was hard to make sense of the original! I see they will incorporate as a 'UK closed end investment trust'. That may, in fact, carry a lot of advantages of which tax may be one. I doubt it will make us poorer.
jonwig
15/2/2018
20:46
I would like to bow my head in shame and eat crows about my post at 162. I had read the statement about looking to relocate the way most people would have read it: Paying too much tax, looking for a place to pay less. Even though we were talking about leaving Bermuda! And now this, from yesterday: https://uk.advfn.com/stock-market/london/utilico-emerging-markets-UEM/share-news/Utilico-Emerging-Markets-Limited-Proposals-to-Re-D/76713115 They now want to move back to the UK. Maybe the whiff of tax avoidance - despite being above board and legal - now proves costlier with regards to image concerns than the lower tax bill. I am certainly not complaining this time.
vacendak
19/1/2018
08:31
Killik says Buy UEM: Http://citywire.co.uk/investment-trust-insider/news/killik-time-to-buy-utilico-emerging-markets/a1084436?ref=investment-trust-insider-latest-news-list
jonwig
09/1/2018
15:40
UEMS should be trading at 49p by rights but is 41p
davebowler
06/1/2018
10:15
Good to see the UEM share price finally start to rise after a weak few months as the UEMS expiry date draws near. Should be worth 48p now based on latest UEM price of 231.
riverman77
04/1/2018
09:55
At last! A couple of investors (or maybe the same one buying two lots) have woken up to the extreme undervaluation of UEMS (share 226p to sell so UEMS worth 43p) with two 100,000 buys at just 35p. Hoping that this time and in time for Feb 28th UEMS expiry the share price will go to new highs and UEMS too. Still fwiw optimistic about getting 40p either from selling in the market or risking trustee. And worth exercising as many as we can afford to.
kenmitch
03/1/2018
15:18
Close to its all time high.
davebowler
03/1/2018
12:29
Interesting Director buys too.
funkmasterp12
15/12/2017
13:51
UEMS is cheap-again!
davebowler
23/11/2017
16:03
@ vacendak - yup, I must have. Actually we've quite a big core holding in UEM and I tend to just let it chug along. I might contact them and ask for clarification.
jonwig
23/11/2017
14:42
@jonwig You must have missed my dripping sarcasm about Bermuda. :) I mean, seriously, where to go from there? It would have to be an even dodgier place I guess, The Seychelles, Mauritius? At least Bermuda is just on the right side of respectability, sharing a lot more info than one might think with London and Washington in exchange of access, certification and all. I wonder if one can register an investment company just for one day in the Isle of Man, then get a tax break like Lewis Hamilton did for his plane.
vacendak
22/11/2017
20:31
vacendak - their statements on taxation are beyond me. The last annual report says they pay no Bermuda tax, and both it and the recent interims talk of taxation mainly on the basis of their Brazilian holdings. They've also accrued deferred tax which seems to be CGT. So, as you say, how does the domicile have any bearing?
jonwig
22/11/2017
10:36
Factsheet: Http://www.uem.limited/files/1215/1093/6023/UEM_Factsheet_October_2017.pdf Slight underperformance compared to the benchmark, but otherwise steady as she goes. And a half-year report: Http://www.uem.limited/index.php/download_file/view/288/150/ Overall upbeat report, dividend to go up. The portfolio is slightly more concentrated at 83 holdings, down from 92. The Chinese holdings have lightened up seriously since March, UEM exited China Gas Holdings Limited (“China Gas”), which was responsible for most of the drop. Now for the strange bit at the end of the chairman's statement on page 3: "Over the last 18 months UEM has paid, or accrued for, taxes of £6.8m. Given this increasing tax charge, the Board and the Investment Managers are considering options for a possible change in UEM’s domicile." UEM is domiciled in Bermuda, like UTL. Where would they be planning to go to lower their taxes?
vacendak
16/10/2017
16:12
Most of the small drop in nav was because sterling had a particularly strong month in September, relative performance against the EM index was good. The sub shares still hugely undervalued.
riverman77
16/10/2017
15:23
Factsheet for September: Http://www.uem.limited/files/5915/0772/6895/UEM_Factsheet_September_2017.pdf Mixed results reported, but the timing of the factsheet clearly misses the recent improvements in the share price. No shift in investment policy, Brazil is still the top destination. Mention is made of issuing 4,069,725 shares for the round of conversion of the UEMS in August.
vacendak
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
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