|North Midland Construction
||EPS - Basic
||Market Cap (m)
|Construction & Materials
Nth.Mid.Cons Share Discussion Threads
Showing 326 to 350 of 350 messages
|And still the buying continues. Lovely jubbly|
|The "construction" sector (as opposed to house-building) has woken up. SFR (steel construction) is flying too.|
|I haven't seen momentum like this for many many years. Very positive in my view.|
|Joined in with a few. Emphasis on construction in the Autumn Statement will hopefully result in an increase in work.|
|Good to see him adding to his holding.. Posted this before but for anyone new here's his background.
Mr. Thomas William George Charlton, also known as Tom, MA served as Managing Director of Merrill Lynch Investment Managers from 1998 to August 2002. Mr. Charlton has in-depth investment knowledge together with broad experience and interest in the smaller companies sector. He served as an Executive Chairman of Pinnacle Staffing Group PLC from September 1, 2008 to April 7, 2011. He served as Chairman of Feedback PLC until June 1, 2016. He has been a Non-Executive Deputy ...|
|Rns explains buying. I trust he's close to the business and sees current share price as a bargain|
|I'm a bit later to this one than most here, but with legacy deadweight being dealt with and order book very healthy, plus the resumption of dividend, I'd argue the share price is only just underway, 10 year chart gives a good perspective IMV
|Yes job vacancies in all areas can only bode well unless half the staff have walked out :)) but I doubt that if everything I've read is anything to go by they are very engaged with all employees.|
|This is turning into a truly excellent trade and it's moving up again.
It looks to me like all these 10k trades that are going through are sells but we continue to find buyers to soak them up. Given how tightly held this stock is the 10k sells can't go on much longer as they have to come from somewhere.
I can't fathom the buying though and what's driving it - there's always a reason but I'd love to know what it is.
I took a look at their twitter feed and they appear to be very focused on recruitment, so one assumes they've got lots of work|
|Moving on up :))|
|Another nice buy at full price, with bid ticking up.|
|I believe the trust is buying them from Mrs Moyle. I did some research on this some time ago which I can't find to hand but I think this Mrs Moyle is the widow of the founder.
I assume she doesn't need the money and is releasing them as and when the trust has dividend income to buy them and conveniently within her capital tax allowance so she has no tax to pay on the transaction. She's still got around 225,000 shares left so at the speed the trust is buying them it's going to take a long time before she runs out. If I'm correct the family will need to consider some additional tax planning to avoid inheritance tax. (with £360k worth of shares I'm not sure why the family don't set up yet another trust)
More interesting perhaps is the impact of this affect if the company really does start performing appropriately and ramps the dividend back up. I am hoping for a minimum of a final dividend of 1.5p but believe it is likely to be more.
If ever the family do absorb Mrs Moyle's shares the remaining free float is not large|
|I think he's purchasing from the legacy shares that he has first option to buy as it was a trade off market.
On disposal of the shares from the William Morris Settlement, the Moyle family have the option to purchase any such shares before they are made available to the public.|
|As the director buy appears to be through a beneficial trust I assume it looks like it is using what is left of the dividend after tax and other costs to purchase shares in NMD.
All good news as it shows faith in the future of the company.|
|Couldn't figure how to paste the 10 year chart but I've posted a link cc.|
|I see the Director bought some stock.....|
|Any chance you can change the header to a 10 year chart Battlebus?|
|And nobody selling either.|
|And still the buys keep trickling through. Rather curious as people aren't waiting for a pullback to buy but buying close to the full offer every time|
|Good finish to the week.|
|NMD secures contract in Sheffield ..hTTp://bit.ly/2dkMuI2|
|It's a slow rerate imv.|
|And up again we go on very little volume. It's clear the MM's are adjusting their prices to trade flow but not clear to me what is driving the buying.
Perhaps it has been reviewed/tipped somewhere or maybe the chartists are jumping on the momentum, or maybe someone has run their ruler over the fundamentals and has realised the share price was crazy low.|
|Coincidently I was looking at the 10 year chart yesterday and I don't see why the share price shouldn't reach previous levels. NMD have always been very prudent in their statements so I take the return to dividend payments as extremely positive.|
|To think I turned down a buy quote for 2000 shares at 98p back in Feb. It would have been the first trade of the day and I dithered too long. Took 6 minutes to make my mind up and bought 5000 at 103p.
I have lots more at various prices but all very healthily in profit. If I get a moment I'll post a 10 year chart. As you say it still looks cheap to me and I'm looking forward to a decent second half dividend|