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DRV Driver Group Plc

24.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Driver Group Plc LSE:DRV London Ordinary Share GB00B0L9C092 ORD 0.4P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 24.50 24.00 25.00 24.50 24.50 24.50 5,000 07:37:12
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Heavy Construction, Nec 42.63M -336k -0.0064 -38.28 12.87M
Driver Group Plc is listed in the Heavy Construction sector of the London Stock Exchange with ticker DRV. The last closing price for Driver was 24.50p. Over the last year, Driver shares have traded in a share price range of 22.30p to 33.50p.

Driver currently has 52,550,462 shares in issue. The market capitalisation of Driver is £12.87 million. Driver has a price to earnings ratio (PE ratio) of -38.28.

Driver Share Discussion Threads

Showing 826 to 849 of 1375 messages
Chat Pages: Latest  43  42  41  40  39  38  37  36  35  34  33  32  Older
DateSubjectAuthorDiscuss
02/10/2015
07:42
Trading update soon as well.
orange1
02/10/2015
07:11
Ah, thanks, wynmck. :-)

Holding a few and hopeful for a recovery. I was pleased with the Steven Norris appointment. He has the right background, contacts and experience.

ed 123
02/10/2015
07:02
A flurry of buys this morning. No news that I can see. Has it been tipped somewhere?
ed 123
08/6/2015
15:00
250,000 shares changing hands
2breakout
08/6/2015
09:08
Yes same iffy.
it may just be the fact that the Ceo is getting on with re-shaping the business and that the second half should be better .It was ludicrously under-priced .
I'm only 35% down now!

buffetteer
08/6/2015
08:58
Nice, unexpected rise the last couple of days. Most unusual and I feel something is going on here.

Takeover?

effy123
04/6/2015
08:13
> Norbert Colon

How can you wish for ¨more haste less speed next time...¨?

You should be wishing for less ¨more haste less speed next time...¨

I think you writing that illogical wish was a case of ¨more haste less speed¨.

orange1
04/6/2015
08:05
Ta, Nobert Colon.

No problem with that tiny error. Thanks for the write up. :-)

Regards Driver, a small holding for me and keeping it as a turn around prospect. They say they expanded costs to move into new areas and now looking to build up revenues to justify higher cost base. It's a credible story, but who really knows how it'll go? Steve Norris has some good history and I'm hoping he will lead Driver on to better days.

ed 123
04/6/2015
07:50
Ed

Thanks for the feedback and yes I agree with <7 increase - I expect there are a few more errors as I had limited time to write it up - more haste less speed next time...

Good luck with DRV

norbert colon
04/6/2015
07:42
Nobert Colon.

For me, Driver carries enough risk. Driver has trading issues it is supposed to be resolving. I can be patient if I think the turn around will come.

On the other hand, Sweet Group has survival issues - a much higher level of risk and not for me. Btw, a small point, but you wrote of Sweet, market cap of 18M rising to 120M would be a 10 x increase. It would be <7, of course.

ed 123
04/6/2015
07:29
For anyone who is interested I have recently posted a short write up on Sweett Group (CSG) on the Fool website.

Driver also has interesting prospects.

norbert colon
03/6/2015
10:56
Unusually, WINS are at the top of both the bid and offer sides. Not much of a market then. Hmmm ....
ed 123
02/6/2015
11:39
ShareSoc

Investor Masterclass to Driver HQ, Altrincham to Haslingden, would take about an hour each way, by car and allowing for inevitable traffic delays. So, not 'nearby', as most would understand that expression.

Anyway, perhaps that distance is a good thing, as it's probably too far to carry a few bricks to chuck through Driver's windows! (Interim loss will not be endearing them to their shareholders.)

ed 123
02/6/2015
10:49
We are holding one of our popular Investor Masterclasses in Manchester so local investors and shareholders in DRV may be interested in attending as DRV is based nearby our venue...
sharesoc
19/5/2015
15:41
Interims should be out any time now. Be interesting to get an update as to how things are going and also whether the second half loaded comments come out again.
effy123
09/4/2015
18:16
Not so sure Africa is a major issue. It is only a small part of the business, £2.3m worth of sales out of £39.1m in 2014 (6%) and £3m out of £47.3m projected this year. Most recent AGM also suggested Africa performing towards the top end of expectations.
rp19
09/4/2015
15:50
Why on earth wouldn't they open a new office? DRV have increased revenue steadily from £8m in 2005 to a forecast £47m this year with shares in issue increasing only from 23m to 27m. Quite impressive I'd say. Profits have been up and down over that period but with a good increasing trend. They've invested for growth recently and a few contracts have been delayed so profits will have a down year. Only time will tell what happens going forward but to suggest that they stop expanding is, frankly, absurd, unless you believe a big construction recession is round the corner. All IMVHO.
eezymunny
09/4/2015
14:29
They need to concentrate all their attention on delivering their current work pipeline, opening new offices is just a distraction.
Sadly I have now added companies that are heavily exposed to most of Africa to my "Do not invest" list along with China and India.
For me the risks simply outweigh the rewards.

salpara111
08/4/2015
09:55
A new office opening. Is that really the best news the Board has to offer?

Can't see this rising for quite some time if it is.

billy_liar
25/2/2015
13:02
Interesting!
I looked at this last year but felt that it was a bit fully priced at around 120p at the time.
After the recent pullback I added them back to my monitor list but thankfully did not take a stake.
I have to say that I am not sure that the update was that bad but equally there is now plenty of execution risk going forward so I will leave it on my monitor and pay close attention to the next update as that may provide some clarity going forward.

salpara111
25/2/2015
11:32
Profit warning. Strategy refocus. Chairman resigning ... not encouraging signs. I'm not convinced that the drop is overdone. Wait for the new broker forecasts ...
mctmct
25/2/2015
09:45
My comment above yours makes me look like a bit of a wally. And now a wally that is underwater!

All part of the learning process. I am currently reading Mark Minervini's book 'Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market'. I think if I'd have read it sooner I'd have taken at least some profit once the chart started topping out. However, I felt that the fundamental story was still in-tact and choose to hold. I need to work on the balance between technicals and fundamentals in my buying and selling decisions.

In the first instance I think I'd agree with you in saying that the drop looks overdone. However, I think a bit more digging is required.

rp19
25/2/2015
09:28
Disappointing update but doesn't warrant a 35 per cent drop in what was already a fairly low rating.
stegrego
09/12/2014
20:53
Pleased with the results too and that the second half weighting was met (I see they are forecasting a similar weighting for '15). Always difficult with options, balance of incentivising management vs best interests of shareholders. They do seem generous but I guess if they meet the targets (more likely given seeming focus on bolt on acquisitions) then the share price will look after itself and I'll be happy. Not sure if that justifies it though! Not a chartist but does look like a bit of a base of a bowl forming on the longer term chart, which will hopefully see a return to the 120+ level. No advice intended dyor etc.
rp19
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