there will be a melt down in the financial system and all my investments will be worth nadda!!
]CNR getting 100% share in La India is great. MC is genius
I'm currently holding Encore at an average of 103p.
It's only a small holding so I'm just going to ride the T/O out and take some PMO shares.
Maybe someone else will make a better offer, but at $17-$20 per barrel being offered, I'm not holding out hope.
Estimated Dividend Yield Rankings of FTSE 100 Company
By Wendy Soong - Oct 4, 2011 7:14 PM GMT
The table below ranks estimated dividend yields of companies in the FTSE 100 Index (UKX) as of today.
The average estimated yield is 4.19 percent. Aviva Plc (AV/) offers the highest estimated yield at 9.76 percent while Randgold Resources provides the lowest at 0.39 percent.
The data is sorted by estimated dividend yield in descending order. Dividends are paid on a semi-annual basis unless noted. Payout ratios are calculated based on the latest annual dividend paid divided by earnings. The projected dividend yield is calculated by Bloomberg of the dividends projected over the coming 12 month.
Estimated Declared Payout Declared Projected
Ticker Name Div.Yld(%) Div.(GBp)Ratio(%) Date Div. Yld(%)
=========================================================================
AV/ Aviva PLC 9.76 10.00 48.5 8/4/2011 10.03
RSA RSA Insurance Group 8.84 3.34 86.1 8/4/2011 9.12
TT/ TUI Travel PLC 8.13 3.30 n/a 5/10/2011 7.86
VOD Vodafone Group PLC 8.12 4.00$ 57.7 7/28/2011 5.72
EMG Man Group PLC 7.47 0.10# 146.9 9/28/2011 n/a
BA/ BAE Systems PLC 7.30 7.50 59.8 7/28/2011 7.28
SL/ Standard Life PLC 7.15 4.60 72.0 8/10/2011 7.31
ADM Admiral Group PLC 6.44 39.10$ 93.8 8/24/2011 10.48
AZN AstraZeneca PLC 6.43 0.85# 44.9 7/28/2011 6.30
LGEN Legal & General Grou 6.31 1.66 29.0 8/3/2011 5.75
NG/ National Grid PLC 6.29 23.47 59.1 5/19/2011 6.29
SSE Scottish & Southern 6.17 52.60 46.7 5/20/2011 6.24
INVP Investec PLC 6.05 9.00 36.5 5/19/2011 6.18
BLND British Land Co PLC 5.77 6.50 27.4** 8/4/2011 7.19
SBRY J Sainsbury PLC 5.77 10.80 43.9 5/11/2011 5.82
RDSA Royal Dutch Shell PL 5.71 n/a @ 50.7**9/28/2011 5.73
RDSB Royal Dutch Shell PL 5.69 n/a 50.7**9/28/2011 5.69
HSBA HSBC Holdings PLC 5.68 0.09# 49.1**7/15/2011 6.17
MKS Marks & Spencer Grou 5.59 10.80 44.0 5/24/2011 5.66
ISAT Inmarsat PLC 5.48 0.15# 64.7 8/4/2011 7.86
IAP ICAP PLC 5.40 14.68 71.0 5/18/2011 5.34
GSK GlaxoSmithKline PLC 5.28 16.00 202.3**7/26/2011 5.41
HL/ Hargreaves Lansdown 5.20 14.37$ 97.5 9/1/2011 5.50
BT/A BT Group PLC 5.15 5.00 40.2 5/12/2011 4.58
ANTO Antofagasta PLC 5.15 0.08# 108.7 8/23/2011 3.46
CNA Centrica PLC 5.14 4.29 39.3 7/28/2011 5.21
UU/ United Utilities Gro 5.13 20.00 57.7 5/26/2011 5.14
BP/ BP PLC 4.99 4.32 n/a **7/26/2011 4.96
IMT Imperial Tobacco Gro 4.95 28.10 56.8 5/10/2011 4.56
PRU Prudential PLC 4.92 7.95 42.4 8/3/2011 5.09
OML Old Mutual PLC 4.92 1.50 52.9 8/5/2011 5.56
CSCG Capital Shopping Cen 4.91 5.00 24.2 8/2/2011 6.67
IMI IMI PLC 4.76 11.00 39.0 8/25/2011 4.87
REX Rexam PLC 4.74 4.70 44.6 8/3/2011 5.00
LAND Land Securities Grou 4.74 7.20 17.6**7/19/2011 4.77
HMSO Hammerson PLC 4.66 7.30 18.3 8/1/2011 4.71
BATS British American Tob 4.65 38.10 78.8 7/27/2011 4.75
SVT Severn Trent PLC 4.57 39.05 56.6 5/27/2011 4.58
REL Reed Elsevier PLC 4.45 5.65 74.9 7/28/2011 4.52
BARC Barclays PLC 4.35 1.00 18.8** 8/2/2011 4.64
BLT BHP Billiton PLC 4.30 0.55# 22.6 7/21/2011 4.13
GKN GKN PLC 4.22 2.00 26.1 8/3/2011 5.10
SMIN Smiths Group PLC 4.19 25.00 46.7 9/1/2011 4.05
ENRC Eurasian Natural Res 4.16 0.16# 18.0 8/17/2011 4.73
STAN Standard Chartered P 4.13 0.25# 37.1 8/3/2011 4.39
SDRC Schroders PLC 4.11 13.00 32.6 8/4/2011 4.41
TSCO Tesco PLC 4.10 10.09 43.8 4/19/2011 4.17
CPG Compass Group PLC 4.10 6.50 49.9 5/18/2011 3.94
AMEC AMEC PLC 4.01 10.20 37.7 8/25/2011 4.08
BSY British Sky Broadcas 3.95 14.54 53.4 7/29/2011 3.81
VED Vedanta Resources PL 3.85 0.33# 18.7 5/5/2011 4.32
ULVR Unilever PLC 3.84 19.62 54.2** 8/4/2011 3.98
RB/ Reckitt Benckiser Gr 3.80 55.00 53.2 7/25/2011 3.96
MRW WM Morrison Supermar 3.76 3.17 40.2 9/8/2011 3.97
PSON Pearson PLC 3.64 14.00 59.7 7/29/2011 3.65
DGE Diageo PLC 3.62 24.90 53.1 8/25/2011 3.59
WPP WPP PLC 3.61 7.46 38.4 8/24/2011 3.79
IHG Intercontinental Hot 3.54 9.80 47.4 8/9/2011 3.65
NXT Next PLC 3.47 27.50 34.0 9/14/2011 3.47
SGE Sage Group PLC/The 3.45 2.68 45.2 5/4/2011 3.35
KGF Kingfisher PLC 3.42 2.47 33.8 9/15/2011 4.67
SDR Schroders PLC 3.37 13.00 32.6 8/4/2011 3.65
JMAT Johnson Matthey PLC 3.37 33.50 53.6 6/2/2011 3.35
IPR International Power 3.25 3.82 n/a 8/9/2011 3.01
GFS G4S PLC 3.25 3.42 47.8 8/23/2011 3.50
CCL Carnival PLC 3.21 0.25# 16.0**7/13/2011 4.09
CPI Capita Group PLC/The 3.15 7.20 51.6 7/21/2011 3.26
WTB Whitbread PLC 3.14 33.25 35.3 4/28/2011 2.89
RR/ Rolls-Royce Group PL 3.06 6.90$ 55.5 7/28/2011 3.01
PFC Petrofac Ltd 3.04 0.17# 27.0 8/22/2011 3.24
EXPN Experian PLC 3.01 0.19# 56.6 5/18/2011 3.06
KAZ Kazakhmys PLC 2.98 0.08# 8.5 8/25/2011 2.94
SAB SABMiller PLC 2.90 0.62# 53.2 5/19/2011 3.06
RIO Rio Tinto PLC 2.88 33.14 14.7 2/10/2011 3.04
XTA Xstrata PLC 2.86 0.13# 15.6 8/2/2011 3.06
FRES Fresnillo PLC 2.53 0.21# 48.3 8/2/2011 3.12
ISYS Invensys PLC 2.51 2.50 17.7 5/19/2011 2.38
ABF Associated British F 2.49 7.90 34.4 4/27/2011 2.40
III 3i Group PLC 2.46 2.40 18.3 5/12/2011 2.69
WEIR Weir Group PLC/The 2.38 7.20 28.6 8/2/2011 2.89
AAL Anglo American PLC 2.33 0.28# 12.0 7/29/2011 2.73
BRBY Burberry Group PLC 2.20 15.00 40.6 5/26/2011 2.25
SN/ Smith & Nephew PLC 1.92 0.07# 24.5 8/5/2011 2.03
ITRK Intertek Group PLC 1.85 10.70 34.9 8/1/2011 1.84
WG/ John Wood Group PLC 1.79 0.04# 34.0 8/23/2011 1.70
SRP Serco Group PLC 1.66 2.50 23.0 8/24/2011 1.80
AGK Aggreko PLC 1.36 7.20 23.8 8/25/2011 1.41
BG/ BG Group PLC 1.33 6.63 23.0 7/26/2011 1.40
ARM ARM Holdings PLC 0.62 1.39 45.0 7/26/2011 0.70
TLW Tullow Oil PLC 0.62 4.00 98.7 8/24/2011 0.97
SHP Shire PLC 0.55 1.52 12.5 7/28/2011 0.58
RRS Randgold Resources L 0.39 0.20# 17.6* 2/7/2011 0.42
4.19
# - Payable in USD.
@ - Payable in EURO.
$ - Special cash or capital returns included.
^ - Indicated Yield.
* - Dividend is paid out annually.
** - Dividend is paid out quarterly.
na = Payout ratio is not applicable if the denominator is negative. Data may
not be available.
Infrastructure savings probably makes that a great idea especially if its a good vein. But how much more money do they need to raise before they are self funding
This seems useful for oil noobs like me : http://en.wikipedia.org/wiki/Hydrocarbon_exploration
RRL has a p90 or almost certain oil reserve its drilling in Georgia. Nothing but noise so far? But I guess it'd be quite a disappointment if not found, they are 1500m of 3500m down
http://www.proactiveinvestors.co.uk...start-mukhiani-drilling-in-georgia-34146.html
So thats 42m barrels and GKP has a p90 of 5bn barrels ?
Chart wise RRL has gone like a boomerang and hit us in the head. Mad speculation over, year on year its on the uptrend line (highs of dec nov oct aug 10)
Downside target for that is about 7p and upside is about 16, a good move above that would maybe be confirmation of the mad speculation and we can think about a new faster trend forming presumably because of grander news
Somehow I think we need to find more then just 42m it would take a few positive events like that
This years falls have mostly been on smaller volume then the 2010 rises which makes RRL a fair go still I hope.
Sold BLT bought tiny bit more RRL
Sold VGM I got recently, nice rise but not on good volume. Gold drifting up in uptrend still
Can someone summarise the 20+ Rockhopper RNSs today ?
Looks like most of them were director offers, details of placing and also the desire farm in?
http://www.guardian.co.uk/business/2011/oct/05/supergroup-profit-warning-shares-warehouse?newsfeed=true
I suspect they will pickup beginning of next year, once they sort out the issue with warehouse IT system.
3rd UPDATE: BP Announces Huge New UK Investment Despite Tax Hike
--UK Govt approves BP-led project to redevelop giant Clair field
--BP to spend GBP4 billion of GBP10 billion total for four projects by BP and partner companies in the North Sea
--BP's GBP4 billion spend on North Sea projects represents its highest investment on annual basis
--Investment goes ahead despite March tax hike on UK oil and gas production
(Adds comments from prime minister in 6th paragraph, BP CEO in 9th paragraph and details throughout.)
By Alexis Flynn
Of DOW JONES NEWSWIRES
LONDON (Dow Jones)--BP PLC (BP.LN) Thursday reaffirmed its commitment to developing oil and gas resources in the U.K. North Sea, announcing a fresh GBP4.5 billion investment in the giant Clair field, as the British giant boosts its spending in its local market despite a steep tax hike on crude production enacted earlier this year.
BP's investment on its home turf comes as the London-based company aims to get back on track after a number of high-profile setbacks that have constrained its ambitions in some key overseas petroleum provinces.
BP said the U.K. government has approved plans by it and partners Chevron Corp. (CVX), ConocoPhillips (COP) and Royal Dutch Shell PLC (RDSA) to proceed with the second stage of the Clair Ridge project, the second stage of development of the Clair field. Including Thursday's announcement, BP and its partners plan to invest almost GBP10 billion in the North Sea over the next five years, the company said.
The decision to go ahead with the investment comes only months after the U.K. Treasury raised its top rate of tax on profits from North Sea production by 12 percentage points to 81%, a move that aroused intense opposition from the oil industry.
Critics have said the increase risked crimping further spending in the region. However, independent tax and government spending watchdog, the Office for Budget Responsibility, has said the increase is unlikely to curb spending given recent high oil prices.
U.K. Prime Minister David Cameron, speaking at a press conference with BP Chief Executive Bob Dudley, said discussions between the government and the oil industry about taxation were continuing. Those talks are focusing on how best to encourage investment in fields that are only marginally profitable to develop, Cameron said.
BP Thursday declined to comment on how the higher taxes had affected its decision to continue investing in Clair, saying only that "each company had different views on the tax."
The four BP-operated North Sea projects are part of a wave of new major oil and gas developments around the world that the U.K. firm expects to come on stream over the next five years in growing provinces like Brazil and Angola, the company said.
The Clair field contains around 7 billion barrels of oil in place and will be among those still operational in 2050, Dudley said at a press conference at BP's North Sea headquarters in Aberdeen. The second stage of its development will come onstream in 2016, he said.
Earlier this year, BP announced plans for the $4.7 billion redevelopment of the Schiehallion and Loyal fields, west of Shetland, and the $1.1 billion development of the Kinnoull field in the central North Sea. And its GBP550 million Devenick natural gas project with RWE AG's (RWE) RWE Dea announced last year is already underway, with production expected by next year.
Despite these announcements, BP's share price continues to lag other peers among integrated oil majors. BP and oilfield contractors are expected to face fines from U.S. as soon as this week related to the Deepwater Horizon disaster last year. Analysts note that unlike some of its peers, BP has not received new deepwater drilling permits in the Gulf of Mexico. The company also confronts a stream of litigation related to a proposed venture with OAO Rosneft (ROSN.RS) that fell through.
Royal Bank of Canada analyst Peter Hutton said that the economics of the Clair project from data provided a few month ago looked "surprisingly attractive."
"I think BP should be spending where they can get attractive returns, and that still includes the U.K. on advantaged projects," he said.
-By Alexis Flynn, Dow Jones Newswires; +44 207842 9471, [email protected]
(James Herron in London contributed to this report.)
(END) Dow Jones Newswires
October 13, 2011 10:41 ET (14:41 GMT)
Herencia Resources plc
("Herencia" or the "Company")
More High Grade Drill Assay Results at Paguanta including Very High Silver Grades of up to 997g/t
Highlights
· High grade assay results from Patricia drill program including:
o 5.0m @ 10.2% zinc, 4.0% lead and 248g/t silver from 88.0m in PTDD091
o 4.6m @ 3.7% zinc, 1.8% lead and 473 g/t silver from 85.5m in PTDD081
o 1.0m @ 6.0% zinc, 2.7% lead and 997 g/t silver from 40.0m in PTDD076
Herencia Resources, a multi-commodity project development company, is pleased to provide an update in relation to its Paguanta Project (Herencia 70% owner) in northern Chile:
· 12,443m of drilling successfully completed at Paguanta thus far this year.
· Results from diamond drill hole PTDD091 (Cathedral Vein) include grades of 22m at 3.6% zinc, 1.6% lead and 93g/t silver from 86m including 5.0m at 10.2% zinc, 4.0% lead and 248g/t silver from 88m depth, including 2.0m @ 16.3% zinc, 7.4% lead and 478g/t silver from 91m.
· Results from diamond drill hole PTDD081 (Central Vein) include high grades of 4.6m at 3.7% zinc, 1.8% lead and 473g/t silver from 85.5m including 1.5m at 4.8% zinc, 2.3% lead and 887g/t silver from 85.5m depth.
· Results from diamond drill hole PTDD076 (Cathedral Vein) include high grades of 1.0m at 6.0% zinc, 2.7% lead and 997g/t silver from 40m.
· All Metallurgical drill holes have been completed.
· Geotechnical drilling of the planned underground mining areas has been completed.
· Site geotechnical testing of plant site completed and tailings dam location nearing completion.
· Detailed topographic survey work has been completed.
· Access Road design work is underway.
· Baseline Environmental Monitoring work continues.
Herencia's Managing Director Michael Bohm commented "These high grades are not surprising as we know from the extensive drilling carried out to date that the Patricia orebody has a significant grade profile. It is pleasing that high grades are being reported across the zinc, lead and silver profile and at shallow depths. The silver grades are particularly encouraging.
Work continues in advancing the drilling program and the Feasibility Study at Paguanta. We also plan to commence drilling at the Guamanga Copper-Gold Project this quarter, so the next six months will see plenty of activity for the team in Chile."
20% up appears great but its only flat on the week!
Ive heard of VOG a few times but I dont really know them. Chart has them recently positive, was a good vol day today but not so much over a year. Maybe 4.75 would be a nice target before they do have to build up more buyers I would guess
Bought some more RRL, its a pretty dismal share now and ignoring these crude oil price rises as of course they are mostly about exploration results
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magic lines again
these ones seem somewhat more arbitrary than usual
(Sorry I know I pull this stuff up all the time but tbh... it shouldn't be left unchallenged - other people might be lead to believe there is some validity to this BS and then potentially lose money as a result)