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Berendsen Share Discussion Threads
Showing 251 to 271 of 275 messages
|Prudential now owns more than 7% BRSN stock....... Check latest RNS Dated 27 March 2017.
Also, RSI of 20 = massively oversold.
Plus Low beta 0.63 - This was also important when buying in here although the manipulative broker downgrades in recent days resulted in panic selling and senseless/unusual volatility. I would still class this as a defensive share though - the demand for laundry services in hospitals etc. will remain come what may and regardless of Brexit! Good buying opportunity right now in my opinion.|
|BRSN Chairman bought 25,000 shares on Friday. This is way oversold at the moment, BRSN is a solid profitable company which is paying good dividend, otherwise chairman wont be putting his own money in to it. Also, 22.5p dividend next week, goes ex-dividend on 6th April.|
'Berendsen hit by RBC Capital downgrade'
|And yet another downgrade today.....
RBC Captal cuts to 'underperform' from 'outperform' price target 660p from 950p|
|Most significant PDMR share purchase recently was the CEO's 6th March purchase of nearly £1M worth.
Why did he have to splash out so much at one go? could have waited a bit. Already had a holding.
Agree Graham Burn that the legacy issues, ie 'creaking' infrastructure, plants struggling to cope, are chickens coming home to roost and will take some capex to sort. Management caught on the hop in my book.
Not expecting any fireworks in short term.|
|Well each to their own I suppose. I am a long term investor and actually picked up a few more BRSN shares at a bargain price on Friday and will add a few more next week when some of my divi payments come through. As far as drop after ex divi is concerned, it always bounce back up to the levels before ex divi in couple of weeks time, so no issues there at all. I personally love shares that pay good divi and BRSN is definitely one of them. Given the chairman's hefty purchase of 25000 shares on Friday. This will open UP on Monday and head north switfy. Sure share price will be volatile for a few days but watch the space, BRSN will be trading over 900 in few weeks time :).|
|I think you have missed the potential drag of the legacy issues in the UK operations which are going to take considerable investment and time to resolve. The full statement spent many paragraphs discussing these issues.
I do accept, however, that in the medium term business has genuine potential for income and growth. It's just that, though a long term holder, I do not see much upside in the short term, especially as the share price has - as you say - shown some recovery since the results.
PS The fact that the ex-dividend date is fast approaching doesn't necessarily mean there will be uplift before then. Save for a very few income funds, there is little point for the average investor to buy now simply to get a little of your own money back in a few weeks time in the form of a dividend. Far better to buy cheaper after the ex date!|
|Are you reffering to the results announcement below?? It really depends on how you interpret the results. Profits and revenue both rose year on year and divi was also increased by 5%.
BRSN share price has been hit by market manipulation + overreaction = unexpected/senseless drop over the last couple of days. This is still a profitable and expanding business which is paying good divi, hence it rose very quickly back up to 860 level after the post result panic selling. Great BUY in my book, snap it on the cheap while you can :).
Commercial laundry company Berendsen posted a rise in full-year profit and revenue but sounded a more cautious note on its outlook as it said it will continue to be affected by legacy issues.
For the year to the end of December, adjusted pre-tax profit increased 4% to £140.6m on revenue of £1.11bn, up 2% on the previous year.
Statutory pre-tax profit rose to £120.3m from £113.4m as revenue grew to £1.11bn from £1.02bn.
Meanwhile, the dividend per share was lifted 5% to 33p.|
|No need to look anywhere other than advfn - the RNS is listed under the News Tab as usual. The buy is, indeed, significant and substantial.
However, in the current uncertain climate and based on the recent results, IMO any significant rise in the share price is unlikely - though you can always be an optimist until the real world kicks in.|
|Not sure why you could find it, it's on all brokers websites. It doesn't let me post competitor's web links here. Just search by ticker on HL or LSE and look under Directors Deals. BRSN will open UP on Monday. Will get up to 850-60 levels again in no time now :). Especially as we are approaching the ex divi date on 6th April. 22.5p divi!!|
|can you please provide a link cjones for the ceo buy can t see it anywhere- thanks|
|23p Divi, goes ex divi on 6th April. Great time to top-up, as this is bound to head north from here on, especially as it goes ex divi on 6th April, 23p final divi along with interim divi of 10p this gives a fantastic yield of nearly 5%. Great buy in my book :). Chairman has just bought 25,000 shares. Just goes to confirm what I have been saying all along anyways. This is a solid profitable company with great future, otherwise chairman wont be putting his own money in to it :).|
|Hard to so these not rising from these levels.... looked at these ages ago and missed out..... quite tempted to nick some .|
|Out, quick scalp.|
|Had a very small amount '68|
|I sold at 7.92 and was kicking myself as it rocketed on up.
Anyone feeling brave?.
Phil, many thanks for the RPC comment.|
|And yet another downgrade this morning..
Credit Suisse 'underperform' .. target cut from 1200p to 700p|
|And how about this broker rating??
31Berendsen PLC 61% Potential Upside Indicated by JP Morgan Cazenove: 10th March 2017.
Berendsen PLC with EPIC/TICKER LON:BRSN had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘OVERWEIGHT217; today by analysts at JP Morgan Cazenove. Berendsen PLC are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 1249 GBX on its stock. This now indicates the analyst believes there is a possible upside of 61% from the opening price of 776 GBX.|
|Some downgrade, 40% churn of UK managers?, moved on? Not a happy ship.|
|Hit by a Barclays downgrade today.... underweight, target 700p
|Now that the market overreaction is over. As predicted, BRSN is well on its way back up. snap it while you can :). Expecting this to smash the 850 mark by end of next week.|