RNS Number : 8534O
Clean Energy Brazil PLC
25 September 2013




Clean Energy Brazil Plc

(the "Company")



Interim Dividend Payment



The Board of Directors of the Company is pleased to announce a dividend of 3.2 pence per share. The Dividend will be paid on 18 October 2013 to shareholders recorded on the register on 4 October 2013. The shares will be marked ex dividend on 2 October 2013.

doodlebug4 they are due to get another $2.1m cash from the sale on the 16th of
october so any drop from the ex divi date will be quickly bought up IMVHO.So i do
not think it will be the dividend amount of 3.2p lower afterwards when they have
all the cash in the coffers on the 16th.

In short they will still be sitting on a big cashpile mid october and could announce a
new investment or two :-) and you still get a 45% dividend !

Looks like a no-brainer to me whichever way you decide to play it. Depending on how the MMs move the share price the next few days I may buy some more, since the timing of my buy wasn't too clever on Friday! :-) Looking at the chart following on from the last big dividend pay out (3.5p) at the end of November last year it took the sp about 6/7 months to recover to the same pre-dividend level.

nice company resume from Master RSI

It looks like the directors have been investing on the right places and now have got the results with the cash coming in from the sales

doodlebug4,do not forget they will be getting the rest of the asset sale cash in around
two weeks time so any drop from the dividend will be short lived.Could get lively later!

Good movement up today on early buying ahead of going X-dividend on Wednesday

On moving further up a posible BREAKOUT will occur

ontheturn

And only around 13m of shares in free float :-)))

Thank you for the heads up on this one Mack R - not a share that was on my radar before! :-)

another bout of buying is going on again

doodlebug

I only came across them in feb but been watching them carefully since,i think they
look after their shareholders very well indeed in relative terms.Have bought more
today too :-)

It is very interesting that the institutions holding 90% of the shares here have not sold any at all,i wonder if they been briefed on the company,s next move ?

Nice chunky 600k buy after the bell. The next few days/weeks/months will be interesting! Finger poised on the buy button here!!

going X-divi tomorrow..... so expect the 3.20p drop, anything less will be the bonus

4.75p is the price now so only 2.75p has been discounteda plus of 0,50p on the day


5 days chart

Reading the CEB threads on some other bulletin boards it would appear that some posters are clueless that share prices usually drop on ex-divi days! As you say ontheturn, a drop of anything less than 3.20p is a bonus here.

reference - ex-divi day

It seems some investors need to learn a lot yet

is like withdrawing money from the bank and expecting not to show on the statement.

I find it strange, after all it's very easy to use a search engine and find a website that will explain ex-divi dates etc.

doodlebug

A very interesting day here,as i thought the mm,s did not overdo the drop ex div
because more funds from the sale are due in shortly.

PS - I added more today with my divi proceeds

I bought more on the drop yesterday as well Mack.

Could that be a case of great minds think alike dood :-)

Well if we had both waited until today we could have bought in at 4.40p! Never mind I'm quite happy to wait until the share price bounces back to its pre-divi level and looking forward to a nice divi being paid into my bank acoount on 18th October. On top of all that there is a possibility of another divi announcement in the not-too-distant future.