||EPS - Basic
||Market Cap (m)
Real-Time news about Amberley Grp. (London Stock Exchange): 0 recent articles
i cant find ambn quoted anywhere. and amb is now xr as far as i can see. but if this is the case why are folks still buying the shares (amb)? am i now going to have to wait to buy the units and do they disappear in 2 weeks and just revert to wrrs? and where do you see the share price once the reorganisation is completed?
sorry for all the questions, but i am keen on the idea.
If J O Hambro was not still holding and had sold inevitably a significant amount, then some of us (not least the MM) would have heard/read about it, either through a company statement or via RNS. That said, J.O.H. certainly would not have sold before the mouth watering 10p div xd 17/9. Of course, they might still yet. Moreover, any sales by directors would have to be declared, I am not aware of any in recent times.
Equally interesting, when the 32p offer was made, Claesson and another major holder(6%+) submitted none of their holdings. As far as I know they still hold.
So there are two others who believed even back then that there was significantly more to come.
As to why the share price has risen post xd could be because its the last, leaving the way clear for whatever might be envisaged. An RTO would presumeably involve making an offer for the outstanding shares whilst taking into account the cash.
Really and truly, the people to answer all these important questions are the J O Hambro boys. IMHO, they simply did not go back in earlier this year - building their stake back up from 11% to 29.9% without knowing the end game - having already identified the company for the RTO. Until there is a more convincing angle I am inclined to be dictated to accordingly.|
My problem is not necessarily with your analysis but with the fact that if you are right why is J O Hambro of all people sitting there still holding its stake and why is the share price rising above 8p after going XD? If someone backs into AMB will that not put significantly more cash into the pot?|
|azalea: I don't quite follow some of the above posts regarding AMB. Overall, its been a good investment for the patient. Since it bought in shares @ 32p, JO Hambro from a resulting reduced stake, bought more taking its holding to 29.9%. AMB then paid out a 10p Div and about to do the same again - now XD; despite which the share price continues to rise. I bought in January this year @ 23p so effectively with 20p of divs in the bag, I am still making a nice profit. With still more to come from the sale of properties there is a possibility that another company might be backed into AMB. Failing this, having disposed of all of its assets to shareholders the company will be wound up. As far as I know, J O Hambro still has its large stake, therefore I shall follow that stance until it changes significantly.|
|wlfc1: from the man who gave you AHT yesterday (risen 16% since), let me make aware of MDY........they have had 3 product launches within the last 2 months and have recently formed good partnerships with smiths, walmart and others, the current share price is a steal.
with the recent launches and an impending trading statement and speculation of bid talk from smiths (smiths agm next week) at under 20p I would say there is potential for QUICK and significant profit.
worth a look...imho|
|martin036: YESTERDAY WAS THE LAST DATE YOU COULD BUY TO QUALIFY FOR THE DIVIDEND !!
"Once a company has announced that it's to pay a dividend, which it normally does twice a year, the shares will be available to investors "cum dividend" or "with" dividend for about a week after the announcement. Investors who wish to buy the shares with this right to the dividend will have to do so before the ex-dividend date, the day on which the seller loses the right to the payment.
The ex-dividend date is set by the company after it has announced its intention to pay a dividend to the London Stock Exchange. Because of the three-day rolling settlement system of the Exchange, this marks the end of the period when investors can buy the shares and still ensure that their name appears on the shareholders register in time for the record date two days later. Those buying the shares on the day before they go ex-div will be the last allowed on to the register to qualify.
Payment of the dividend is usually within five or six weeks of the ex-dividend date. But the market should already have taken account of the payment. In theory anyway, the share price drops when the share goes ex-dividend, taking the dividend out of the share price as buyers will no longer be entitled to it. It is at this point that investors can choose to pick up the dividend or acquire a less expensive share. For shares with larger yields, the ex-dividend movement can be significant. "|
ex-dividend is today - hence the initial 10p (dividend) drop.
the share price was under pressure from the large dividend payout. now that is out of the way this baby can start to head north. imho of course.|
|keffy: Just a novice at this game. Learning things every day.
But how can a company offer a 10p dividend, on a 22p share?
And if so, what will happen to the share price?
LONDON (AFX) - Amberley Group PLC cut its pretax loss in the six months to
Oct 31 2002 to 91,000 stg from 1.87 mln stg a year earlier.
In a statement alongside the results for the first half, chairman Roger
Fletcher said the board is assessing the most efficient way of maximising value
for shareholders, including reviewing a number of approaches from companies
seeking a reversal into the group.
During the first half, the group bought back 60.5 pct of its shares and
returned some 11.5 mln stg to shareholders.
In the event that the board considers that the potential reversal candidates
are not in the best interests of shareholders, the remaining funds will be
distributed as soon as practical, said Fletcher.
The directors have declared an interim dividend of 10 pence per share.
|pfmaguire: Azalea, I am holding firm but have a stop loss. You quote a net asset value of 40p and I note that Hi Jhan66 , quotes 41p from Investors Chronicle for Amb however how accurate and up to date are these figures ? I have been badly burnt by a share called Clubhaus which I bought about 9 months ago .At the time
of purchase the net asset value of the share as reported in the Investors Chronicle was stated as 80p so I bought at 42p and thought I was onto a certainty
The present share price is £0.0275p yes 0.0275p !and needless to say there are alot of shareholders demanding explanations from management as they are writing down the assets at ever decreasing amountsand debt has increased at unbelievable proportions . So be wary of forming oppinions aloneon nav once bitten twice shy .|
Amberley Grp. share price data is direct from the London Stock Exchange