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?
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Record (REC)
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Tight HYP discussions only please - OT please discuss in strategies
Tight HYP discussions only please - OT please discuss in strategies
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- Lemon Quarter
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Re: Record (REC)
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
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- Lemon Quarter
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Re: Record (REC)
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.
Re: Record (REC)
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?
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?
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- Lemon Quarter
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Re: Record (REC)
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
As for where to look here, not sure there’s any single place, but try
viewforum.php?f=33
Re: Record (REC)
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
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