1Yr

@stabil_xc They have sold all their ships. They will be gone by the end of the year. Then they still have a lot of cash, a share in BW LPG and in a few years they will get 4 new ships. If you think that will work and the dividends will continue to flow, go ahead. But I don't think it's sustainable.

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1Yr

@Transporter Somehow you are misinformed.

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1Yr

@VfB Then enlighten us

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Daniel@UserDaniel

9Mon

What is the current situation?

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9Mon

@UserDaniel Who is the question for? To our friend from Stuttgart?

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Daniel@UserDaniel

9Mon

To all who know where

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9Mon

@UserDaniel The company will be closed and dissolved next year. We no longer have any ships.

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Roman@VillaSuisse

9Mon

@Transporter They still have 4 ships and will receive a large block of shares and bonds from $BWLPG, which will make Avance the second largest shareholder. I don't understand why such panic is being spread here.

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View all 3 further answers

9Mon

@VillaSuisse Then I strongly recommend reading the latest reports from Avance Gas.

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dividenden_pilot@dividenden_pilot

8Mon

The dividend yield is now 94.45%. And at the end of December there was a warm cash shower!

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8Mon

I now have them in my portfolio too

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7Mon

I advise caution...Avance Gas is supposedly being wound up and dissolved.

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7Mon

@RP73 That's a rumor!

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7Mon

@VfB Excerpt from the meeting on 12.02.2025:
Sometime in late April, maybe early May, we will present a final report for the first quarter where we will make the final capital distribution to shareholders.
And then we will initiate some sort of liquidation process by appointing a liquidator in
Bermuda, and that will be the end of the Avance Gas story, about 11 years after we took this company public in Oslo. So it's been a good run, especially the last couple of years here with a lot of dividends, which I'll talk about on the last page.

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https://seekingalpha.com/article/4757479-avance-gas-holding-limited-avacf-q4-2024-earnings-call-transcript

7Mon

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Simon H.@financial_wizard_1522

6Mon

What does this mean now

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Simon H.@financial_wizard_1522

6Mon

@financial_wizard_1522 The decisive date was February 12. The number of Avance shares you had there was divided by 4. A few days later, BW shares were automatically added to your account. It's best to hold Avance until they are canceled, you will still receive dividends for them until the end of the year... at least that's the plan.

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6Mon

I have held a small number of shares since February 14. This was before the ex-dividend day. What can I expect here now

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Petar@Petomba

6Mon

@RP73 Nothing has been added to my account
I haven't received any dividentes in February yet either

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6Mon

@Petomba Did you have shares in avance before February 12?

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Petar@Petomba

6Mon

@RP73 yes I have held the shares since the beginning of December
About trade republic

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View all 3 further answers

6Mon

@Petomba Oh, you'll have to ask TR. obi is with scalable and I was automatically credited 15 BW for my 60 avance shares. I haven't received the dividend yet either, but I think I will next week.

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GHF@GHF

1Yr

I find $HAUTO much more stable, even if it is very sensitive to the economy.

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Pedro M.@serkeftin

7Mon

What just blew my mind is that the last dividend in December didn't pay any taxes. I was really so happy to get my biggest dividend up to now as clean benefit! Really it made my past December as the best month in dividends so far (ok not so many, but I'm building on it ;-))

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Deleted User

1Yr

Comment was deleted