Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to johnstevens77,Bhoddhisatva,scotia,Anonymous,Cornytiv34, for Donating to support the site

Record (REC)

For discussion of the practicalities of setting up and operating income-portfolios which follow the HYP Group Guidelines. READ Guidelines before posting
Forum rules
Tight HYP discussions only please - OT please discuss in strategies
BenValue
Posts: 36
Joined: November 7th, 2016, 11:01 am
Has thanked: 6 times
Been thanked: 16 times

Record (REC)

#304513

Postby BenValue » April 30th, 2020, 2:14 pm

Simon Thompson of the IC recently tipped 4 high yield small cap shares. One of them was currency manager Record (REC) following the fourth quarter trading update. He tipped it on the basis of the company’s sustainable high dividend, cash-generative asset light business.

It is probably too much of a minnow for this board but I thought I would mention it in case any of us are looking for income! The current yield seems to be about 6.69% but the cover is 1.42.

Does anyone know the names of the other 3 high yield shares he tipped?

Breelander
Lemon Quarter
Posts: 4179
Joined: November 4th, 2016, 9:42 pm
Has thanked: 1000 times
Been thanked: 1855 times

Re: Record (REC)

#304520

Postby Breelander » April 30th, 2020, 2:28 pm

BenValue wrote:Does anyone know the names of the other 3 high yield shares he tipped?


The IC is published by the FT and, like the FT, if you Google for the title of article the search result link will let you read the article in full.

Google for: Simon Thompson April 27 2020 In search of yield

GrahamPlatt
Lemon Quarter
Posts: 2059
Joined: November 4th, 2016, 9:40 am
Has thanked: 1032 times
Been thanked: 823 times

Re: Record (REC)

#464376

Postby GrahamPlatt » December 8th, 2021, 10:23 pm

BenValue wrote:Simon Thompson of the IC recently tipped 4 high yield small cap shares. One of them was currency manager Record (REC) following the fourth quarter trading update. He tipped it on the basis of the company’s sustainable high dividend, cash-generative asset light business.

It is probably too much of a minnow for this board but I thought I would mention it in case any of us are looking for income! The current yield seems to be about 6.69% but the cover is 1.42.

Does anyone know the names of the other 3 high yield shares he tipped?


Hope you bought!

I put it on my watch list a year ago. :roll:

BenValue
Posts: 36
Joined: November 7th, 2016, 11:01 am
Has thanked: 6 times
Been thanked: 16 times

Re: Record (REC)

#464552

Postby BenValue » December 9th, 2021, 4:01 pm

I did buy some Record and made a nice capital gain when I sold. However the current yield is only 2.88%.

I generally hold most of the usual big cap high yield mentioned here. However I like to throw in a few small cap high yielders for fun. Where should I be looking to find small cap high yield on the Lemon Fool?

GrahamPlatt
Lemon Quarter
Posts: 2059
Joined: November 4th, 2016, 9:40 am
Has thanked: 1032 times
Been thanked: 823 times

Re: Record (REC)

#464560

Postby GrahamPlatt » December 9th, 2021, 4:28 pm

Forward yield is 5.85% - predicting 4.12p in 2022 (source = Stockopedia).
As for where to look here, not sure there’s any single place, but try
viewforum.php?f=33

BenValue
Posts: 36
Joined: November 7th, 2016, 11:01 am
Has thanked: 6 times
Been thanked: 16 times

Re: Record (REC)

#464578

Postby BenValue » December 9th, 2021, 5:14 pm

Thank you for the details of the thread. Thank you also for the tasty forward yield of Record. They have fallen in price over the last few months and I am pretty tempted to buy them again


Return to “HYP Practical (See Group Guidelines)”

Who is online

Users browsing this forum: BigTim and 18 guests