ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

ALNT Alent

502.50
0.00 (0.00%)
07 May 2024 - Closed
Delayed by 15 minutes
Alent Investors - ALNT

Alent Investors - ALNT

Share Name Share Symbol Market Stock Type
Alent ALNT London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 502.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
502.50 502.50
more quote information »

Top Investor Posts

Top Posts
Posted at 16/7/2015 10:08 by rabbar
"I guess the extent of the takeover timeframe is perhaps an issue for some investors, waiting quite a while for the extra 3% plus any divi."


Interim dividend has been cancelled and if I read it correctly a one off final dividend will be paid instead, so as you say timescales is quite long probably at least 6 months to completion.
Posted at 16/7/2015 08:30 by woodcutter
I guess the extent of the takeover timeframe is perhaps an issue for some investors, waiting quite a while for the extra 3% plus any divi. Taking the money now and reinvesting it might provide a better return. I've quite a sizeable holding so it's worth the wait provided it happens, which i figure, like you, is more likely than not.

woody
Posted at 04/12/2014 13:54 by rabbar
Important thing to note is that over 60% of shares are held by 8 (mainly activist) institutional investors. I believe that notifications to the LSE only start over 3% so no way of knowing if this is a new holding by Norges Bank.
Posted at 04/11/2014 21:48 by wipo1
Alent PLC (LON:ALNT)‘s stock had its “buy” rating restated by analysts at Liberum Capital in a research report issued to clients and investors on Monday. They currently have a GBX 400 ($6.38) price target on the stock. Liberum Capital’s price target indicates a potential upside of 20.49% from the company’s current price.
A number of other analysts have also recently weighed in on ALNT. Analysts at Barclays reiterated an “equal weight” rating on shares of Alent PLC in a research note on Wednesday, October 15th. They now have a GBX 357 ($5.69) price target on the stock. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of Alent PLC in a research note on Thursday, August 7th. They now have a GBX 430 ($6.85) price target on the stock. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Alent PLC has a consensus rating of “Buy” and a consensus target price of GBX 381.17 ($6.08).
Shares of Alent PLC (LON:ALNT) opened at 332.00 on Monday. Alent PLC has a 52-week low of GBX 294.56 and a 52-week high of GBX 393.614. The stock has a 50-day moving average of GBX 346.6 and a 200-day moving average of GBX 334.2. The company’s market cap is £884.1 million.
Alent plc (LON:ALNT) is a supplier of advanced, consumable specialty chemicals and engineered materials used in the electronics, automotive and industrial end market segments.
Posted at 06/9/2014 17:37 by robertfaulkner
City AM had article on Alent saying they think a dispute between Steve Corbet(ex CEO) and Cevian the activist investor was reason for him going

Over future balance of bolt-on acquisitions, cap;ex and CASH RETURNS

I suppose they mean the special div

City AM is a free London newspaper, it is available on line
Posted at 04/9/2014 13:22 by woodcutter
rabbar agree entirely with your point on take over and today's announcement implies a possible major shareholder rift over compnay direction most likely by activist investor Cevian Capital. Imv this is a good move, we'll see.

Your point on the subjest of 506 shares is also noted. This was more tongue in cheek nevertheless it's about the smallest number i think is reasonable to purchase given stamp duty, broker commission and spread, it's hardly worth buying less, although multiples of 23 beyond that seems okay.

i've added to round my holding.

woody
Posted at 01/9/2014 17:04 by rabbar
Yes it saves money in the long run for those who still hold paper shares. Some holders with less that 23 shares would have had a holding of around £1500 (in the old cookson group) - prior to the crash in 2008 - as the shares were above £7 and there has also been a 10/1 consolidation prior to the company split. (22*10*£7=£1540).
So there are probably thousands of those with paper shares sitting in the bottom drawer who have to be sent various documents throughout the year and this is the only way of forcing them into selling.
Given that there is a special dividend I don't believe the costs will be that much more as the excess shares are simply pooled and sold, with the proceeds going back to the individual shareholders. The other impact is that most votes are simply on a shareholder basis rather that the amount held and a large proportion of these shares are owned by a few Institutional Investors.
BTW you don't have to have holdings in batches of 506 shares, as stated above, but simply in multiple of 23, but you will still only get 22 shares for every 23 held - but none sold off.

On a personal note I believe a takeover is in the pipeline.
Posted at 06/2/2014 10:16 by 123ct
I have just bought into this stock, been watching since November following the director purchases,interesting comment from Investors chronicle last week concerning Alent and the chemicals sector in general
Posted at 18/12/2013 12:26 by uklou2000
Smacks of the MMs shaking the tree yesterday. I still have confidence with the direction given the recent spate of director buys, even though a few of the larger investors have recently lowered their holdings.
Posted at 05/12/2013 20:18 by trav5
Hi Robert, Some information from RNS also a small article in the shares magazine on the purchases by Cevian Capital and some internet research. I also own some shares in RGS that followed a very similar pattern of events director and a 3rd party buying. In the case of RGS Hanover Investors (turnaround specialists as opposed to a hedge fund)made a significant top up investment. RGS shares then appreciated by approximately 35% in the next 2m's. I am not saying this will happen here.But I always think the chances of a positive outcome increase if other parties have invested particularly when it is both directors' and a 3rd party investor who needs a return on their outlay as is the case with Cevian who have invested a very significant sum. In a nutshell their interests are aligned with us the shareholders and the fact they have a representative on the board allows them to influence things going forward.

Your Recent History

Delayed Upgrade Clock