COA - Coats Group plc (formerly GPG - Guinness Peat Group Plc)

[Snow Leopard]

you have plenty of time, so don't rush.

[Sideshow Bob]

quote: Originally posted by Paper Tiger:

you have plenty of time, so don't rush.

Indeed - almost exactly two months. Anyway, have to find some spare cash from somewhere!!

Bit of a silly question, why do they pay 1p per share dividend? Is it tradition like the 1:10 bonus?


SSB

[Snow Leopard]

1) yes
2) you can not invest in a dividend yielding stock if it pays no dividends* [tax man]. They do offer a dividend re-investment programme this year at 1 new per 80 held according to the announcement.

*Perhaps I had better clarify that. If it has no intention of ever paying a dividend. You can buy on the expectation of future dividends but if the company says it will never pay a divvy then it can get to be great fun, as an investor, later.

[Sideshow Bob]

Thanks PT.

[Gryffyn]

Spot on PT.

Recent weakness disappointing but most of market down a little - still in it for the longer term and may top-up.

[Contrarian]

Gidday
In the prose of my daughter...
Like, what part of "BUY GPGGA" don't you understand,Like.

I like GPG and can't imagine being without them.

[Gryffyn]

and I don't think you need to be a contrarian to have that view either

with the dollar looking to be peaking and with their diversity of holdings, esp off-shore, I'm also not imagining being without GPG.

[neopole]

hi,
when is the date of the 10 for 1 bonus ?
i looked at last years news but couldnt find it.
i think its about june, can some one help?

[KJ]

23 May

[limegreen]

1.6 mill through at 2.02 this afternoon, and Mr Gibbs has flicked off a million yesterday at 2.07...