Hmm, when updating my HYPTUS today I notice that Digital Look are suddenly showing a forecast yield of 21.8% for Petrofac.
Much as I'd like that to be true it seems a tad suspect!
Anyone know what could be causing this anomaly?
Any fellow holders and HYPTUS users, be aware that you may be seeing somewhat inflated total forecast dividends today.
Spiderbill
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Petrofac forcast yield
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- Lemon Slice
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Re: Petrofac forcast yield
spiderbill wrote:
Hmm, when updating my HYPTUS today I notice that Digital Look are suddenly showing a forecast yield of 21.8% for Petrofac.
Much as I'd like that to be true it seems a tad suspect!
Anyone know what could be causing this anomaly?
Spiderbill
Hi there,
The HYPTUSS tool only uses the Forecast Yield figures available from the Digital Look website, so the best thing to do when any anomaly like this is seen in your spreadsheet is to head to the main DL page for the share you're interested in, and take a look at the raw data.
We've included a button on the tool that's titled 'Open DL Site', and if you select the Petrofac PFC ticker on your HYPTUSS portfolio and then press that button, the DL site will open in your browser on that share, helping you get to where you want to be really quickly.
Doing that on your spreadsheet will take you here in your browser - http://tinyurl.com/kp8mzw9
If you take a look at the 'Key Financials' section of that Petrofac DL page, and then look at the Forecast Yield, you can see that it's currently showing as 21.7%.
Why that is, I can't really say, but that's the data that the tool is using, and until that anomaly goes then you're stuck with it unless you manually put something more sensible into the cell on your spreadsheet. You're able to do that because we've not protected the Forecast Yield column in the tool, knowing that these anomalies arise from time to time, and manual intervention is sometimes needed unfortunately.
Hope this helps.
Cheers,
Itsallaguess
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- Lemon Slice
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Re: Petrofac forcast yield
Itsallaguess wrote:The HYPTUSS tool only uses the Forecast Yield figures available from the Digital Look website, so the best thing to do when any anomaly like this is seen in your spreadsheet is to head to the main DL page for the share you're interested in, and take a look at the raw data.
Itsallaguess
Hi Itsallaguess
Yes, sorry if I gave the impression I was criticising the ever-useful HYPTUSS tool - not my intention at all - I was querying the DL figures which I had indeed gone to look at directly, and wondering where they'd come up with that from.
cheers
Spiderbill
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- Lemon Slice
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Re: Petrofac forcast yield
I see Digital Look have finally reverted to rather more sensible predictions of 6% yield and 1.7 cover.
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