||EPS - Basic
||Market Cap (m)
|Connect Daily Update: Connect Group is listed in the Media sector of the London Stock Exchange with ticker CNCT. The last closing price for Connect was 153p.|
Connect Group has a 4 week average price of 152.93p and a 12 week average price of 143.91p.
The 1 year high share price is 168p while the 1 year low share price is currently 126.50p.
There are currently 247,159,565 shares in issue and the average daily traded volume is 220,998 shares. The market capitalisation of Connect Group is £376,300,437.71.
|owenga: 6p dividend, 7p drop in share price, hopefully it will pick up towards the trading update at end of January.|
|edmundshaw: Ex div tomorrow, so last chance to buy today.
I already have plenty, and sometimes the share price takes time to recover from ex div on this one, but I am pretty hopeful for that trading update. Online shopping seems to be taking a bigger hold nowadays...|
|billy5: You are right, its very difficult to predict a share price, BUT with the carrot of 6.5p dangling, dont you think that there will be some interest in these come early Jan? These touched 160p not that long ago. He who dares wins Rodders.
Its just the way I see things but dyor.|
|linton5: I've been there many a time you just can't predict share price when divi is close (mms don't give a hoot about it) up,down,even gla|
|edmundshaw: XD today, so add back 3p to the share price for comparison with recent history...|
|edmundshaw: Had these 4 and a half years now, no complaints, with nearly half my original investment returned in dividends and a doubling of the share price. And still undervalued.|
|lord gnome: Headline numbers look very good and Mark Cashmore sounds very bullish for the future. Perhaps this statement might just be what we need to turn the tide for Connect's share price.|
|edmundshaw: See the directors have got new options about 10% below the current price. Nice timing...
At least it is better than quite a few companies I have/am invested in, where the exercise price is nil. So more skin in the game, as with an exercise price near to the current price there is a far greater leverage to the options on share price upside from here.|
|edmundshaw: Yes, basically our shares are cheaper by 10% as the rights shares were at a steep discount at 102p. The average price of shares was therefore c.10% lower, so the dividend is rebased by that 10%.
If there had been no discount to the rights shares, there would be fewer shares and the dividend would actually be higher (for the same cost to the company). Same difference.
On the price side, if the stock should have been valued at 200p, that should also be adjusted downwards to around 178p, or if 170p, to 155p. So our expectations for the share price should also be shifted down by around 10% (assuming you think Tufnells will give the same ROCE as the rest of the company).
Anyway, a very nice yield and a cheap stock in my view.|
|germalene: Advice please.....
Today is the 7th January, tomorrow, the 8th January CNCT goes ex-dividend paying .06p, which seems a fairly good return on the offer share price (as I type) of 154.75p.
So, would shares purchased today (7th Jan) still attract the dividend?
I ask as I can see no obvious reason for the share price drop today prior to ex-dividend.|
Connect share price data is direct from the London Stock Exchange