Xlmedia Share Discussion Threads

[oneillshaun] 20/10/2017 10:22

Acamas - eiether way does not really matter, 5 days later and the broker does not have the funds, in the past the XL divi was in the account the following morning, so even if they get the funds monday we dont get it until Tuesday.

[acamas] 20/10/2017 10:10

Apparently a currency cheque is drawn up by the bank on behalf of The Company involved this is then sent to the registrars who prepare the conversion. The original currency cheque is then referred back to the branch of the bank it was drawn on to confirm that the funds exist. When all of this is correct the registrar pays out the dividend. This cycle normally takes about 14 days

Can anyone confirm my understanding of a "currency cheque" above?

[twistednik] 20/10/2017 09:55

Ok, thanks Shaun.

More director buying announced just now provides comfort I suppose. Just a matter of time. Bit ridiculous that in this day and age it can take so long to sort out !

[alphapig] 20/10/2017 09:54

Another director purchase.XLMedia (AIM: XLM), a leading provider of digital performance marketing services, has been notified that on 20 October 2017 Inbal Lavi, Chief Executive Officer of the Company's subsidiaries (Webpals S.C Ltd and Webpals Holdings), purchased 199,248 Ordinary Shares at a price of 160 pence per share. Following the notification, Ms Lavi now has a total beneficial in

[oneillshaun] 20/10/2017 09:51

So i just got off the phone to TD Waterhouse they have said that as t stand they have not yet received from Xl media's bank.

[twistednik] 20/10/2017 09:35

Shaun, was that update in an rns (can’t see anything on ADVFN) or was it a response from the company directly to your enquiry ?

Ta

TN

[blueeyes13] 20/10/2017 09:25

CWA1 as long as it hits at some point I'm very relaxed, I appreciate people on other platforms will be paid quicker. Hopefully onwards and upwards now.

[santangello] 20/10/2017 09:21

Thanx for the clarity Shaun....No drama....as expected.

[cwa1] 20/10/2017 08:35

re blueeyes13 above.....

10 working days to clear a currency cheque? Yikes!

[oneillshaun] 20/10/2017 08:00

XL MEDIA PLC

Type Dividend Status Update

Description

XLMedia has issued an update on its dividend payment of 4.0226 cents per share, originally due to pay on 13th October 2017. The announcement states that the dividend payment has been delayed due to a processing delay at XLMedia's bank. XL Media has advised that it is taking steps to resolve the issue as a matter of urgency and will make a further announcement to confirm the payment date as soon as it has clarity. We will credit accounts with the dividend upon receipt of funds from the registrar.

[blueeyes13] 20/10/2017 02:36

RE: DIVI

I'm with AJ Bell which I can highly recommend as a platform.

Received below reply yesterday re my XLM divi. All good and I took the oppo on Weds to top up even more, now my second largest holding and the director buys this week has only added to my comfort level in holding more shares. I had originally sold out earlier this year at a good profit as the results back then suggested levelling off of turnover across 6 month reporting periods but the recent figs have provided reassurance that the company is still on a good growth trajectory.

You can see by Ory's actions that he has conviction in his own company which gives me confidence in what will hopefully be a really good long term investment.
Regards


"Thank you for your enquiry.

I can confirm that the dividend was paid to us via Currency cheque.

Please be advised that it typically takes 10 working days to clear + 1 additional day to FX.

We apologise for any inconvenience this delay may cause.

If you have any further queries, please feel free to contact us.

Yours sincerely

Max Gibson
Dealing Services Team"

[pshevlin] 19/10/2017 14:06

OK now. Thanks Shanklin.

[shanklin] 19/10/2017 14:04

Try again now its not in auction.

[pshevlin] 19/10/2017 13:59

Anyone know what the true offer is on this? I can't get a quote even for 1000 and the spread is topsy turvy.

[santangello] 19/10/2017 11:59

.....talk about a gift horse...??I have added yet again yesterday, in the 'knicker wetter sales'........and Directors are joining in the party too :)

[largeronald] 19/10/2017 11:54

Fred - if I were you, I'd check with II that they will carry on doing so.

Pshevlin - read my post 5829 which contains an excerpt from a further email from TD dated 04/10. I'd be willing to bet that they will adopt II's prices - probably from 1st January.

[melf] 19/10/2017 11:54

Very nice.....increasing her holding by c50%.

[fredd] 19/10/2017 11:46

largeronald,
By necessity to TD, as they will handle Manx-based accounts which did not seem too be the case with HL.

[pshevlin] 19/10/2017 11:32

lageronald. TD show no signs of adopting ii's pricing stucture.Just be careful it's not a frying pan and fire scenario.

[nimbo1] 19/10/2017 11:16

Barclays are shocking imo. I moved from Barclays to HL - taken about 4 months and am nearly there now! HL are fantastic, might pay slightly more for trading than others but their customer service is great and their trading platform really good for investing globally etc. Only problem i find is liquidity in smaller stocks when prices are moving around too much can be tricky but then I think thats the case everywhere as Barclays are the same - to be honest it is helpful as most of the time through volatility best to do nothing anyway.

[farmergeorge] 19/10/2017 10:42

largeronald, ok thanks.

[largeronald] 19/10/2017 10:40

George - they've been taken over by II and, as far as I can make out, adopting their pricing structure - and probably their lousy admin as well.

[gmifsud] 19/10/2017 10:31

I live in Malta and have a Maltese broker,I do not think the broker paid from his own money.I have receive £908 for 30000 shares