Redde Northgate Share Discussion Threads

[fizzypop] 18/5/2016 16:56

LSE close 165.5p - not so sure about the breakout but now we're the right side of 165p. Fingers crossed.

[gleach23] 17/5/2016 23:48

Nicky Name - is it any wonder they follow you? Why even acknowledge them?

fizzypop - hope you're right. Chart certainly needs a break upwards.

[fizzypop] 17/5/2016 21:20

A nice uptick to 164p to close. Wishful thinking perhaps but this looks like a possible breakout above 165p is imminent.
But some very large sells today of 2X50K + 70K + 75K + 200K shares on LSE so it looks like an institution is off loading.

[nicky name] 17/5/2016 20:39

'IOPABBM' you really are a fool.
Apologies to this thread that the troll's aliases have stalked me here again.
I am not Steamy, but the troll likes to tell me or imply that I am!
People like 'IOPABBM' aka Hvs1 rackers1 etc etc are debasing Advfn.

[my5harebox] 16/5/2016 16:10

Looks like MM's holding the share price down, guess they have a big order to fill.

[nicky name] 13/5/2016 20:18

deafening isn't it?
there seems to be support at this level
not that I am a technical analyst, so don't hold me to that!

[bc4] 13/5/2016 17:34

Nice recovery today from 154p just beginning to show a little strength you can tell by the silence on this board

[nicky name] 12/5/2016 19:38

Junglee, I agree that Osborne's utterances are of limited relevance to Redde, but it is worth considering that it's one thing proposing radical change to access to justice, and quite another getting it through the Commons and Lords.

Osborne is proposing to remove our rights to legal representation on any claim for injury below £5000, following a road traffic accident. This is unfair, and will be difficult to enact, with such a small Conservative majority. Even Tories will vote against it, in my view.

[bc4] 12/5/2016 12:29

Well there will be a trading update at the end of June with guidance on full year profits and the divi so not too long to wait

[junglee] 12/5/2016 11:37

The issue of legislative changes re: accident claims was raised by the Chancellor during the autumn statement. Redde issued a response --- see RNS of 27Nov2015. Relevant extract : "The Board of Redde notes the comments made in the Autumn Statement on 25 November 2015 regarding compensation claims...Redde supports the efforts of insurers to eliminate fraud and notes that the majority of the cases handled by NewLaw are handled on behalf of insurers and brokers.

Redde further notes that the activities of the Group which would be covered by
legislation of the sort proposed by the Chancellor contribute less than 2.5% of
the Group's revenue."

Thus the company made its stand very clear on the draft legislation that it would be subject to consultation and that in any case it was relevant to only 2.5% of the Group's revenue. Thus it is not considered material. Redde is a great home-grown business and its management needs to be applauded and feted for serving the interest of all its stakeholders. Any insinuations are a sad and mischievous attempt to pull down a success story.

[fizzypop] 12/5/2016 08:58

Price being pulled down by a succession of AT sells. Machinations by MMs I guess.

[bc4] 11/5/2016 12:55

They must be very lonely with no one to talk to LOL
All the best Toyin

[toyin] 11/5/2016 12:49

Agreed bc4

Been here a long time and with a personal yield of cica 15% tax free I am not worried in the slightest!

All the best

[bc4] 11/5/2016 12:36

Says it all really,it is amazing how many people are worried about us REDDE shareholders they seem very worried about a share they are not invested in, also they will not have had the 13p we have received since November 2015

[toyin] 11/5/2016 10:58

On the basis of the response below I would assume the new insurance legislation will have no material impact because if it did they would have to release a statement.

All the best

I am replying to your email to Redde of 10 May on the Company’s behalf.

As you will appreciate the Company is not permitted to comment on an ad hoc basis on the possible future impact of external events. If there was, at any point, a material and relevant impact on any of the Company’s operations from an external event, it would be obliged to make a statement to The Stock Exchange and would of course do so.

Thank you again for your email. I am sorry I cannot give you a more specific response.

Kind regards,

[rackers1] 11/5/2016 08:42

mr lame
who is the grecophile ? I presume as you discuss no one apart from your long term lover TW it must be him.
Cant remember when I said that support was broken at 161 - but looking at the price now ..... I see support at 161 has been broken haha

whats your next hot share tip for us all to short el muppito extraordinaire

[nicky name] 10/5/2016 22:29

hvs1/rackers1

I have to congratulate you (not) on your 'guru' technical analysis on Redde, when you confidently assured us here that the 161p support was broken

it seems not

maybe confess to us all exactly how you are connected to the Grecophile?

you aren't the man himself are you?

I suspect that he uses quite a few aliases

[rackers1] 10/5/2016 20:38

Oh god.Nicky lame harping on about winnifroth again.You need help NLame. Google some self help places or seek out a shrink. You have serious problems, although keep up with your share tips. Gives us great shorting chances.Chins upYer mate rackers

[nicky name] 10/5/2016 20:10

Panic Investor

he is good mates with the Grecophile blogger

a mistake in my opinion, to be close to such a loose cannon

pesonally, I would not trust the Grecophile blogger one inch

all those limited companies and family trusts

while disclosing that he has no personal financial interest in companies he damns and tells others to short

at least pauly admits he owns the shares he ramps

[petersinthemarket] 10/5/2016 18:57

NN is always very positive about redd - as I also hold, I wish the mkt agreed.

[panic investor] 10/5/2016 18:42

Always found it a little weird why he didn't register his real name on advfn - plenty going on behind the scenes imho

[bc4] 10/5/2016 18:30

SOLIRI LIKE YOU SAY EVERONE IS ENTITLED TO THEIR OPINION AND I THINK NICKY NAME IS SPOT ON. BY THE WAY OMHO