What’s your big gamble? (Volume 3)
Discussion
I Love Cake said:
Thoughts on the EUA RNS please chaps?
They forgot to tell everyone that a important strategic advisor had left until he sold a boat load of shares, so thought they'd sneak the news out after hours?It's not a good look...
(Edited for missing words)
Edited by egomeister on Wednesday 3rd February 20:20
Adam. said:
Oh bloody hell, what now?
And after a really good day too
The guy who flogged the shares last week... turns out that he was no longer working with EUA anyway but they neglected to mention it.And after a really good day too
EURASIA MINING PLC
("Eurasia" or the "Company")
Status of advisory service agreement
Further to the RNS of 28 January 2021, the Company would like to inform that it did have a service agreement with Venus Garden Holdings Limited (a company 100% owned by Alexei Churakov) for advisory services, further to Alexei Churakov's appointment as a Strategic Advisor to the board of the Company as announced on 16 September 2019, and that this agreement had expired prior to 27 January 2021.
No idea which way this fiasco will jump tomorrow
He was an advisor, have they taken his advice, decided who the business is to be sold to, or indeed not taken his advice and gone another way.?
Or has the sale fallen through?
Is the sale (or no sale) to be announced tomorrow?
Is the price the 29p that the shares were sold last week?
And why/how did they not know (or did they know and forget to mention) that his contract had expired?
????????????
He was an advisor, have they taken his advice, decided who the business is to be sold to, or indeed not taken his advice and gone another way.?
Or has the sale fallen through?
Is the sale (or no sale) to be announced tomorrow?
Is the price the 29p that the shares were sold last week?
And why/how did they not know (or did they know and forget to mention) that his contract had expired?
????????????
Seems a fuss over nothing.
Not sure whether an advisor leaving is noteworthy enough to require an RNS, so is this confirming he had been released prior to selling shares so wasn’t an insider.
Don’t know why they bothered. Will probably make some nervous for no apparent reason
Not sure whether an advisor leaving is noteworthy enough to require an RNS, so is this confirming he had been released prior to selling shares so wasn’t an insider.
Don’t know why they bothered. Will probably make some nervous for no apparent reason
Edited by Adam. on Wednesday 3rd February 21:10
Good day today, actually sold a stock for profit for the first time 
Saw $TAKOF pop up on T212 and get alot of hype online, so got in early and got out for a decent percentage when it started to dip. Couldn't tell if it was legit or a pump and dump but always good to ride a wave of hype rather than get drowned in it like GME.
It's a drone delivery service in Canada, will do some DD tonight to see if it actually is 'popping'
Saw $TAKOF pop up on T212 and get alot of hype online, so got in early and got out for a decent percentage when it started to dip. Couldn't tell if it was legit or a pump and dump but always good to ride a wave of hype rather than get drowned in it like GME.
It's a drone delivery service in Canada, will do some DD tonight to see if it actually is 'popping'
Edited by l354uge on Wednesday 3rd February 21:23
Adam. said:
Seems a fuss over nothing.
Not sure whether an advisor leaving is noteworthy enough to require an RNS, so is this confirming he had been released prior to selling shares so wasn’t an insider.
Don’t know why they bothered. Will probably make some nervous for no apparent reason
He was important enough to warrant an RNS when he joinedNot sure whether an advisor leaving is noteworthy enough to require an RNS, so is this confirming he had been released prior to selling shares so wasn’t an insider.
Don’t know why they bothered. Will probably make some nervous for no apparent reason
Edited by Adam. on Wednesday 3rd February 21:10
I know its reddit, but $TAKOF actually looks like a decent proposition.
I will monitor it for now
I will monitor it for now
Edited by l354uge on Thursday 4th February 08:05
Can we talk TSCO? 50.9p special divedend coming on the 15th(pays out 26th) I've sold down some losses to offset CGT and I've got some headroom in my dividend allowance, trying to find a reason not to buy in with all of my free cash; usually when chasing dividends, the sp rises on the announcemt date and then spikes again in the week running up to the ex-div date, then rapidly falls by close to the yield%, which then triggers a bit of a 'buy the dip' and it recovers a little.
This special div was declared 25th Jan when the sp was ~242, I've already got a ~4% of pf holding at 245, current sp is ~246, as things stand It'll make me a nice tax free ~21% as a dividend and unless the sp dips by more than that after, happy days. The last time the sp was below 200 was Oct 2018 (it dipped to 206 in nov 2020) so It doesn't feel like the div is just baked in to the sp.
What am I missing?
This special div was declared 25th Jan when the sp was ~242, I've already got a ~4% of pf holding at 245, current sp is ~246, as things stand It'll make me a nice tax free ~21% as a dividend and unless the sp dips by more than that after, happy days. The last time the sp was below 200 was Oct 2018 (it dipped to 206 in nov 2020) so It doesn't feel like the div is just baked in to the sp.
What am I missing?
JustinF said:
Can we talk TSCO? 50.9p special divedend coming on the 15th(pays out 26th) I've sold down some losses to offset CGT and I've got some headroom in my dividend allowance, trying to find a reason not to buy in with all of my free cash; usually when chasing dividends, the sp rises on the announcemt date and then spikes again in the week running up to the ex-div date, then rapidly falls by close to the yield%, which then triggers a bit of a 'buy the dip' and it recovers a little.
This special div was declared 25th Jan when the sp was ~242, I've already got a ~4% of pf holding at 245, current sp is ~246, as things stand It'll make me a nice tax free ~21% as a dividend and unless the sp dips by more than that after, happy days. The last time the sp was below 200 was Oct 2018 (it dipped to 206 in nov 2020) so It doesn't feel like the div is just baked in to the sp.
What am I missing?
Interesting. This special div was declared 25th Jan when the sp was ~242, I've already got a ~4% of pf holding at 245, current sp is ~246, as things stand It'll make me a nice tax free ~21% as a dividend and unless the sp dips by more than that after, happy days. The last time the sp was below 200 was Oct 2018 (it dipped to 206 in nov 2020) so It doesn't feel like the div is just baked in to the sp.
What am I missing?
This is what FT says about it:
The 50p a share payout is equivalent to about a fifth of the share price. Normally, the share price would fall by that amount the moment the cut-off point for eligibility to the special dividend is reached. In this case, it is February 9.
To prevent such a drastic fall, Tesco is consolidating its share capital. Effectively this means the shares will trade at around the same price after the return of capital as they did before — but there will be fewer of them.
The mechanism for doing this is to issue 15 new ordinary shares for every 19 existing ones. For example, an investor with 100 existing shares would find themselves owning 78 new ones.
“Fractional entitlements” — 0.95 of a share in the example given above — will be aggregated and sold, with the proceeds given to the Trussell Trust, a Tesco-supported food bank charity.
Trading in the existing ordinary shares will cease after the market closes on February 12. The new shares will be admitted on February 15. If you hold shares in certificate form, you should retain your old certificates until the new ones arrive — they will be posted on February 26 — or you will not be able to trade.
The dividend will also be paid on February 26
Aiminghigh123 said:
Interesting.
This is what FT says about it:
The 50p a share payout is equivalent to about a fifth of the share price. Normally, the share price would fall by that amount the moment the cut-off point for eligibility to the special dividend is reached. In this case, it is February 9.
To prevent such a drastic fall, Tesco is consolidating its share capital. Effectively this means the shares will trade at around the same price after the return of capital as they did before — but there will be fewer of them.
The mechanism for doing this is to issue 15 new ordinary shares for every 19 existing ones. For example, an investor with 100 existing shares would find themselves owning 78 new ones.
“Fractional entitlements” — 0.95 of a share in the example given above — will be aggregated and sold, with the proceeds given to the Trussell Trust, a Tesco-supported food bank charity.
Trading in the existing ordinary shares will cease after the market closes on February 12. The new shares will be admitted on February 15. If you hold shares in certificate form, you should retain your old certificates until the new ones arrive — they will be posted on February 26 — or you will not be able to trade.
The dividend will also be paid on February 26
so wlll you have c 20% less shares so that nullifies the c 20% gain hes on about?This is what FT says about it:
The 50p a share payout is equivalent to about a fifth of the share price. Normally, the share price would fall by that amount the moment the cut-off point for eligibility to the special dividend is reached. In this case, it is February 9.
To prevent such a drastic fall, Tesco is consolidating its share capital. Effectively this means the shares will trade at around the same price after the return of capital as they did before — but there will be fewer of them.
The mechanism for doing this is to issue 15 new ordinary shares for every 19 existing ones. For example, an investor with 100 existing shares would find themselves owning 78 new ones.
“Fractional entitlements” — 0.95 of a share in the example given above — will be aggregated and sold, with the proceeds given to the Trussell Trust, a Tesco-supported food bank charity.
Trading in the existing ordinary shares will cease after the market closes on February 12. The new shares will be admitted on February 15. If you hold shares in certificate form, you should retain your old certificates until the new ones arrive — they will be posted on February 26 — or you will not be able to trade.
The dividend will also be paid on February 26
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