Share Name Share Symbol Market Type Share ISIN Share Description
Gibbs & D.Assd LSE:GDYA London Ordinary Share GB00B2RFTQ07 ORD 10P (ASSD ST-GOBAIN CASH)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p - - - - - - - - -
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Unknown - - - - 0.00

Gibbs & D.Assd Share Discussion Threads

Showing 1 to 11 of 25 messages
Chat Pages: 1
DateSubjectAuthorDiscuss
12/12/2003
10:59
Bought these at 211p a year ago, now 375p. It's a very well run and successful company, but are they beginning to look a little expensive? Or is there something up?
diogenesj
21/7/2003
18:51
Why not visit one of their branches? I work in Luton where their HQ is so it's easy for me to keep an eye on their activity.
kombimatec
17/7/2003
23:02
Yep - seems a big premium for the voting rights when there doesn't seem to be any intention of corporate action - i've tried to find out what a typical premium is but there are few comparable examples (in UK at least - apparently the stock echange discourages this sort of structure, more common in Germany) - however those that i have found seem to have the non-voting stock at more like 75% of the voting stock. Would like to get a better handle on this before I buy more stock though
tictac
16/7/2003
19:37
All the shares rank the same except voting or non voting. I'm sure if a take over is attempted they would have to make an offer for both. Although I think it's acedemic because the family are unlikely to sell. They certainly couldn't beat the investment returns anywhere else at present. The special dividend they paid last April was because they company had surplus cash. They didn't need to retain any profits for working capital. They only needed cash if a target company appeared. I can only imagine if they do not find another suitable target to acquire they surely must make another special dividend payment. Their ability to acquire other businesses at the right price means we win either way from further growth or a fat divi. I think it's the shortage of stock that pushes up the price of the voting shares.
kombimatec
16/7/2003
08:44
Does anyone know if there are any regulations regarding relative payments for voting and non-voting stock in the event of a takeover?
tictac
16/7/2003
08:29
My target price for these in next 3 months is 360p
kombimatec
11/7/2003
23:56
Amazed at how big the gap is between these and the voting stock. Agree with you that they seem quite cheap and have stuck a toe in the water, setting what looks like an all time high in the process. Hopefully it won't remain the high!
tictac
11/7/2003
13:08
Well done TicTac, if past experience is anythink to go by you'll be rewarded at least a return of double what you'll get leaving your money in the building society and hopefully an appreciation in the value of the stock as a bonus.
kombimatec
11/7/2003
08:09
Inspite of the 36p dividend paid out in April this stock has recovered. They are now well above the pre-dividend announcement price. They are still very cheap and a very impressive track record.
kombimatec
07/3/2003
11:06
The GDYO shares have always been at a premium to the GDYA non voting shares. In 1996 GDYA were 69p & GDYO were 91p. Their values have grown consistently over the years. There are far fewer GDYO shares in issue than GDYA. That's because it was a family run business and the GDYO shares are held more tightly. Both these shares rank equal except for the voting rights. Both will receive the 30p special dividend. The appointment of the new non executive directors I believe is significant. Perhaps the main holders of the GDYO shares are looking to widen the share ownership. Certainly it must be viewed as a move towards wider control. A question to be raised at the AGM. I do hold these shares and have done so since 96 and I have witnessed the management's skill in action. Acquiring other merchants at the right price and still delivering increased profits and ever higher dividends. As they grow their buying power improves and their successful format is applied to the new additions. They are a top quality team and worthy of far more attention than the markets hitherto has given them. When you compare them to other small companies like AFN etc. you wonder why. They have hidden assets like their HQ in Luton. It's in prime house building position(BG recently closed next door and now is a housing estate)with recently added traffic calming measures in it's approach it is likely to mean a relocation and a release of this asset. Probably big enough for 50 homes. They will surely continue acquiring other merchants or maybe lining themselves up for a bigger fish to swallow them up.
kombimatec
06/3/2003
11:08
See results posted to GDYO
kombimatec
Chat Pages: 1
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:43 V: D:20161209 09:45:50