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.

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.

Wait until next week and buy in 2.5p

Okay, I will - 100k @ 2.5p and another dividend of 3.2p approx. perhaps = looks like a no-brainer really. I've bought into this on the basis that I never gamble more than I can afford to lose, so if it all goes pear-shaped I'm not about to commit suicide. On the plus side I could make a lot of money here.

Or not, as the case may be.

Yes, I just said that - if it all goes pear shaped I'm not about to commit suicide. :-)

A movement up on the bid side

Friday is dividend day 3.20p

Dividend will be paid on 18 October 2013

5 days chart

Clean Energy Brazil swings into profit
StockMarketWire.com
Clean Energy Brazil posts a pre-tax profits of $225,000 for the year to the end of April compared with a loss of $678,000 last time.

The group made a net investment profit of $1,136,000 compared with $32,000 a year ago and administration fees and expenses fell to $639,000 from $944,000 but there was foreign exchange loss of $245,000 compared with a gain of $246,000 in 2012.

The group also said it had received the final instalment of $2.16m for the sale of its interest in Unialco M/S to Unialco S/A on 11 October.

The company's current cash position, after deducting the dividend of 3.2 pence to be paid on 18 October, is approximately $3.32m.

NEWS ON THE WAY?

has been strong today after last week large volume
has been smashed lately after paying a large dividend and another one to come
considered now as a cash shell after NEW DIRECTORS

" The Board is intending to propose the Final Dividend of 1.403 pence to be paid on 20 December 2013 to Shareholders recorded on the register on 6 December 2013. The Ordinary Shares will be marked ex dividend on 4 December 2013. However, this is dependent on Shareholders approving at the AGM a change to the Company's legal form. "