ShareSoc Blog
The ShareSoc blog provides news and informal commentary from directors, members and other contributors. Entries reflect the personal views of the authors, which do not necessarily reflect ShareSoc’s formal position. Contributors may hold shares in the companies mentioned. Nothing in this blog should be viewed as financial advice. You may submit comments on blog posts, but ShareSoc reserves the right to remove or edit inappropriate or defamatory submissions.
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If the Government has its way, we’ll all be driving electric cars (EVs) soon. One of the concerns of drivers though is they might run out of battery power so the provision of chargers is of key importance in driving acceptance of electric cars.
There is clearly a big potential market for chargers, not just in homes but also in public places, at office car parks, supermarkets and other venues. One of the providers of chargers is Pod Point Group (PODP) who ...
Think BIG, who ShareSoc are supporting in their campaign, have sent the following letter to the Board of Bacanora Lithium. This letter will be RNS’d by ShareSoc at 07.45 tomorrow morning 25 November.
Think BIG - Bacanora Investors’ Group
24 November , 2021
To the Board of Directors Bacanora Lithium plc (the “Board”).
In this Open Letter we explain our reasons why we think the offer from Ganfeng is not in the best interests of shareholders, suggest the Board seek to negotiate a ...
Yesterday energy supplier Bulb collapsed and was put into Special Administration. Bulb has 1.7 million customers and is the largest of 20 alternative energy suppliers to go bust recently. Most of their customers have been taken on by other suppliers but apparently nobody was willing to take on Bulb’s so effectively the company has been nationalised.
These companies have all been hit by the rapid rise in gas prices while the price cap imposed by Ofgem meant they could not raise their ...
The views expressed in this article are those of its author and not necessarily those of ShareSoc.
Boris Johnson has said that the Glasgow climate deal is a "game-changing agreement" which sounds "the death knell for coal power". Let us hope so. My father worked down a pit in Nottinghamshire in his early life and was all for replacing coal power stations by nuclear power. Coal mining is not just a great creator of pollution but is also positively dangerous for the ...
The FT has published our letter about "Letter: Investors are let down by the decision to dilute boardroom rules" see https://www.ft.com/content/ff6af1c7-6cb9-4fd8-9be0-43c11bcf89bb
The letter we wrote was as follows:
Sir
Many investors will be disappointed to read the article headed “Backlash spurs dilution of audit reform” (Report, November 9). The reforms are supposed to restore trust in governance and audit. Sir John Kingman’s review emphasised that the best way to do this was to focus on “the interests of consumers of financial information, not producers”. ...
An announcement this morning from Alliance Trust (ATST) says that the board has concluded that an increased dividend “will benefit existing shareholders and enhance the attractiveness of the Company’s shares”. They expect the overall annual dividend to increase by 32.5% over the 2020 dividend. The proposed increase will be well covered by distributable reserves and income it is suggested although no doubt some of the extra dividend cost will come from capital.
ATST had a reported yield of 1.43% last year according ...
Sharesoc continue to support Think BIG. ShareSoc have requisitioned the shareholder register and Think BIG have this week sent the following letter to close to 10,000 shareholders. This had to be sent by post, incurring significant costs which were met by crowdfunding from dissatisfied investors, as the company refused to supply us with email addresses:
Think BiG Letter to BCN Shareholders
https://www.investorschronicle.co.uk/news/2021/10/14/the-battle-for-bacanora/ is a good write up of the issues and why we think there should be a higher offer for Bacanora.
More information ...
The views expressed in this article are those of the author and not necessarily those of ShareSoc.
It’s a sparkling wine budget – or at least one to celebrate for investors as there are no really negative changes in it that were widely rumoured. At least that is apart from the rise in dividend taxes and freezing of allowances previously announced.
Here’s a list of the key points:
The National Living Wage is being increased.
The Government is substantially increasing funding for R&D.
...
From Cliff Weight, ShareSoc Director
A friend from Punter Southall, sent me a round robin email and I thought all ShareSoc members would find it of interest and many would find it useful to help them find their investments.
Hello and good morning. You are one of just 30 people I have chosen to send this message to.
National Pension Tracing Day (NPTD) is coming up this weekend and I’m hoping that you can support the campaign in some way, whether that’s with your ...
The views expressed in this article are those of the author and not necessarily those of ShareSoc
There were several good articles in this week’s Investors’ Chronicle. I cover them briefly below.
The Editor, Rosie Carr, reported on feedback on readers’ views on taxation. Should the wealthy readers of the IC pay more was one question previously posed and the consensus answer seemed to be Yes. For pensioners it was suggested that they should pay National Insurance on their income and that there ...
