Post by
Larry50 on Jul 22, 2022 7:27pm
Distribution versus no distribution
Is there a prize for being the first to announce something? Why did participants announce DGS would 'NOT' be paying a dividend prior to Brompton announcing their decision. Interesting to speculate and make forecasts but disturbing to spread false information as news.
Comment by
oldtrustguy on Jul 22, 2022 8:04pm
I do not think anyone who posted was trying to spread false information I for one have other Brompton holding . They sent me my monthly email listing distribution for all thier funds. DGS was not listed as paying. Since they listed the NAV on thier site a 5.09 for the commons I assumed as probably others that they were 01C short so no pay. I have not idea why they changed thier mind.
Comment by
BlueGuitar1 on Jul 22, 2022 10:37pm
This is a first for me- I have never seen anyone spell "higher" as "hire". Hooked on phonics works for me.
Comment by
EdPaquette on Jul 23, 2022 9:38am
Arathoon1 you're like a high school kid that has the right answer to a math problem, but when the teacher looks at the work, you fail. Your fluke answer is garbage. The nav is not directly related to selling price. Your method of adding up the selling prices is a laugh.
Comment by
EdPaquette on Jul 24, 2022 9:59pm
If next week is positive in the market, I will indeed be the fool. I sold all my dgs last week, and 35% of my bk. I believe there will be better reentry the next few days as the fed meets a d spooks the markets.
Comment by
flamingogold on Jul 25, 2022 10:43am
Ed, you bought in the $4's and sold in the $5's. No one is a fool whenever you make money in these markets.
Comment by
mouserman on Jul 25, 2022 12:15pm
Apparently you cant read.... IF the UNIT NAV is 15 $ or less AFTER payment of distributions to commons , DGS commons are not paid. This month the UNIT NAV WAS $15.12 , SO DGS COMMONS GOT PAID , as the UNIT NAV was $15,02 after distributions to commons. Please stop calling people fools who have MORE knowledge of the split fund structure of Brompton than you.
Comment by
flamingogold on Jul 25, 2022 2:11pm
While we may not all agree on a time to buy and sell, name calling is non-existant on this board. If you need to vent, go to a weed board but your antagonistic comments are uncalled for. On ignore you go.
Comment by
cashworx22 on Jul 25, 2022 2:42pm
This post has been removed in accordance with Community Policy
Comment by
Arathoon1 on Jul 26, 2022 7:28am
. So the Name calling so you and Mouserman Blame me. All started With EdPaqyette. Who says that I'm a high School Kid and my statements are garbage. Then it blew up. Go to the source who started this.
Comment by
amugsgame on Jul 26, 2022 9:05am
Hey Arathoon1 - you're getting noticed and then put on Ignore - the knowledge on this board has made me a lot of money - I respect and appreciate their opinions - your's not so much - bye
Comment by
JRand3 on Jul 26, 2022 12:42pm
This post has been removed in accordance with Community Policy
Comment by
Eoj123 on Jul 25, 2022 2:39pm
Your the goof and you should stop talking as you just embarrass yourself. Another clown who dosn't understand the concept of NAV, just like @Java over on ceo.ca, is that you?? Never mind, your now on ignore
Comment by
EdPaquette on Jul 22, 2022 9:14pm
Agreed. Brompton left dgs off the announcement list, and they bent their own rules adding the dividends after today's close. I've never seen them do it before. Now we all know a new trick. I call it a squeaker.
Comment by
flamingogold on Jul 25, 2022 9:33am
No one I read here is spreading false info. It was borderline and as of the morning of the 22nd Brompton announced distributions and DGS was not included. See here... https://www.bromptongroup.com/wp-content/uploads/2022/07/SplitsCEs_Distributions_July_22.pdf Obviously the decision came a little later and a nice surprise along with my special distribution for SRV.