devonplay
10 Jun 2019
Trumped Again! Hi @PrefInvestor1 I had a look at RMDL last year/earlier in the year. I think at the time it was around 104 and I didn’t fancy it at that price. I came away with impression that it was a good team and they’d be able to increase the yield over time. But, in the end I decided on LBOW.L I’m going to add the Fool thread to my watch list and see what’s been said about it. I see there’s a Hardman research note just been released on the business. I might give that a look over in the morning. rm-funds.co.uk Hardman-Co-Research-RMDL.pdf 1397.99 KB Longish read at 45 pages. I’ve been making little top-ups in LBOW when it’s gone under 100p [link] Jack Perry is the Non-Exec Chairman (of LBOW): Jack Perry pursues a career as a portfolio non-executive director. In addition to a number of current public and charitable appointments, he is chairman of European Assets Trust NV and a non-executive director of Witan Investment Trust plc. He was Chief Executive Officer of Scottish Enterprise and prior to this was a managing partner and regional industry leader for Ernst & Young LLP. Jack was also chairman of CBI Scotland. He has served on the Boards of FTSE 250 and other public and private companies and is a member of the Institute of Chartered Accountants of Scotland. I’ve met him in the past I think, long, long time ago. LBOW hasn’t been around a great length of time 2013 ( I think), but I believe ICG itself has been around for 30 years and has nearly £40b under management. I believe it’s a very big player in public sector pensions. Don’t quote me on that, but I remember when I started doing the reseach there’s was a lot of info. on the future of public sector pensions and they (icg) played were in on a number of discussons. I watched some very long boring videos! I never got round to looking at the KID, imagine that! DL
mememe
10 Jun 2019
Slight surprise that no comments on price collapse here? @Footsie_Explorer, how long did it take to transfer to AJBell and were you able to trade right up to the settlement date?
PrefInvestor1
10 Jun 2019
Trumped Again! Hi Again @J_Westlock, Seen a discussion of another debt related IT that has interested me today over on the Lemon Fool. Ticker RMDL priced just over 100p, yield 6.x%, low risk (rated risk level 2 which is the lowest I’ve ever seen) if you believe the KID. Much smaller company though and havent been around a long time. Slightly interested and am thinking about it. I know little more than that and certainly cant provide ANY recommendation, but as you are in SEQI I thought you might be interested in taking a look. If you do I’d be interested in your opinion. DYOR etc !. As I say no guarantees from me… Dont even know if I’m prepared to invest there myself as yet. ATB Pref
mememe
10 Jun 2019
Slight surprise that no comments on price collapse here? @Footsie_Explorer, good to know that your VP account is still open. I do like the portfolio monitoring on the VP site for me it is one of the best. I have been with AJBell for several years though with the new platform I don’t think it’s as good as it was. They also still have exit charges unlike many other providers. Let’s hope the FCA make no exit charges mandatory sometime soon.
Footsie_Explorer
10 Jun 2019
Slight surprise that no comments on price collapse here? Hi there @mememe sorry for the slow reply. Yes - I moved to A J Bell and I am relieved. II has left my Virtual Portfolio open but in fact that was the main reason for me leaving because I could not get used to the new platform. A J Bell has a portfolio watching facility but it was the discussion board that made II so great (before the changes). I just cannot forgive II for failing to realise what their biggest benefit was. Good luck.
Simbrad
10 Jun 2016
"The deal between SKY and Vodafone is beneficial for both companies. It provides SKY with the opportunity to broaden its offerings beyond the traditional satellite broadcast market and compete with giants such as Netflix and Apple’s online content service. Moreover, SKY could leverage on the large customer base of Vodafone NZ, covering over 2.35 million mobile connections and more than 500,000 fixed-line connections. The combined group would be one of the largest firms listed on the NZX main board with an expected revenue of NZ$2.9bn. For Vodafone, the deal provides it an easy exit from the market that it had considered non-essential for a long period. Recently, Vodafone extended its partner market agreement with sub-Saharan African telecommunications provider Afrimax Group to cover Zambia. The companies have already partnered to launch 4G services in Uganda, and plan to provide high-speed 4G data services to consumers and businesses in Zambia." Beaufort note on Research Tree
Simbrad
07 Jun 2016
Beaufort published another note out this morning: "The extension of Vodafone's partnership with Afrimax would allow both the companies to explore market opportunities in sub-Saharan Africa. The firms have already partnered to launch 4G services in Uganda and plan to provide high- speed 4G data services to consumers and businesses in Zambia. Recently, Vodafone reported strong results for FY 2016, recording organic growth in revenue and EBITDA for the first time since 2008. Vodafone's Project Spring turned out very fruitful as service revenue in AMAP and Europe recorded strong growth. Looking ahead, for FY 2017, the company expects organic EBITDA growth of 3–6%, implying £12.4–12.8bn. Free cash flow for the period is expected to be at least £3.2bn, while capex (after Project Spring) is targeted to be in the mid-teens, as a percentage of annual revenue. We are encouraged by Vodafone's performance and confidence towards progressive dividend per share growth, demonstrating the board's optimism in future cash flow generation." scraped from Researchtree
