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REF Reflec

6.25
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Reflec LSE:REF London Ordinary Share GB00B1VW8R45
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 6.25 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 6.25 GBX

Reflec (REF) Latest News

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Reflec (REF) Discussions and Chat

Reflec Forums and Chat

Date Time Title Posts
04/4/202306:58REFLEC - 2009 - A New Beginning1,992
08/7/202015:24REFLEC plc493
05/9/201418:02Reflec Active Shareholder Forum7
27/3/201216:53REFLEC SHARES WANTED!3
20/3/201221:19Reflec Shares Wanted!-

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Reflec (REF) Most Recent Trades

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Reflec (REF) Top Chat Posts

Top Posts
Posted at 30/1/2022 14:09 by fred198198
Received my £50 cheque today for a £7000 investment some 20 odd years ago when I held 10s of thousands of shares. This is now for a 1/50th of a share. How does that work?

In my mind Reflec are just ran by a bunch of unscrupulous bunch of sharks who need criminal investigations, The final act to force small time shareholders out is despicable by their latest so called "reconsolidation".

If I was mugged in the street it would be subject to criminal prosecutions why is this any different?
Posted at 29/1/2022 15:33 by philmac56
Well I must post my disappointment today.

In the past, I had been a long term share holder, through previous consolidations, etc.

I admit I sold out, after the last consolidation had been completed, sold all my holding at a loss.

Then last year I decided to dip my toe back in, buying up 8 share for £800, with the intention of any future divided payments would be shared and deposited into accounts for my grandchildren. So I was grateful to receive the £32 Divi late last year.

Today I received a cheque for £400, quite out of the blue.

I would ask here, has any other shareholder asked if they wanted to purchase extra shares to make up the required amount of shares for £2,500??

So that was an easy way to lose 50% if my money.

I just hope they don't do another consolidation years down the road, when the share register shows share trades of £500...!!!
Posted at 26/1/2022 10:01 by philmac56
I can see the share register has been cleared for the next phase!
Posted at 10/1/2022 14:27 by philmac56
So after the vote to consolidate share.

What next?
Do individuals have to contact company, who have less than 50 shares?
Or
Will the company contact individuals with less than 50 shares?

To establish the individuals intention??
Posted at 13/12/2021 22:46 by man1
Well tomorrow is pension day for me .......

So if anyone want to sell early let me know ....

Looks like the price is £50...
Posted at 13/12/2021 14:04 by philmac56
I was in here years ago, sold up.

Bought a few a couple of months ago, I will see that value halved.


No doubt, those that lucky? enough to remain should see a good Divi return, as less holders to share the pot around with.

But I see a share price of £2,500 hard to trade, if at all.

Why not put the company back into the open market, that may make it easier to trade shares, but add to the costs that are incurred!
Posted at 13/12/2021 10:10 by clocktower
LOL - This is not the first time the BoD have done this sort of thing and is nothing more than another step in the direction they took last time around.

Good Luck but as I have not kept up to date, what sort of value would one of the original shares be worth today (i.e. the price they were say a month before de-listing)
Posted at 13/12/2021 10:01 by twodegrees
I do wonder if the board ever look at the postings here...If they do I would love for them to answer if those who do not have the full 50 shares will have an opportunity to buy in order to have the 50 required for the consolidation.

Long term holders surely must be given some chance to continue to share in a company they have stayed with for many years.
Posted at 12/12/2021 20:49 by twodegrees
Villyvilson, I have sent a polite e-mail to Reflec, and pointed out that recently the cheapest quoted option to buy was £195. The sale of 2 shares suggests that the valuation of the company has crashed from over £200 down to £50 a share when in fact no profit warning has been given and they paid out at least one dividend in the last 12 months. This is so unfair to shareholders who in the first place lost thousands when the share was consolidated when they moved to a private company....and now we are kicked again with a valuation that stinks in my opinion.

I am fuming....
Posted at 20/4/2021 21:09 by twodegrees
Reflec Plc Shareholder Update 11th December 2020
Dear Shareholder
We hope that you are keeping well in these difficult and uncertain times.
Further to our communications of the 26th March 2020 and the 24th September 2020, we are making
this announcement to inform shareholders of a change in strategy regarding future dividend
payments.
Reflec has performed well during this challenging year and has played an important role in
supporting our customers who have been producing essential products throughout the pandemic.
The company has already distributed £244,818 of interim dividends during this financial year which
equates to £18-00 per qualifying share. This has been a significant achievement which has been
hard won.
The impact of the Covid 19 pandemic, Brexit, the current recession, and the intensifying uncertainty
that all types of business are experiencing, makes it extremely difficult for us to predict the future
performance of the company.
Your board believes that continued caution and cost control remain essential for the business. Our
priorities are to protect our employees and to maintain our strong financial position, providing a
strong base to face future challenges, and so that we can continue to invest in the business to
enable us to meet future requirements.
To be prudent we have therefore decided to suspend interim dividend payments until the financial
performance for the year 2020/21 is finalised.
Depending on the year end performance and the business circumstances at that point, it may be
possible for a final dividend recommendation to be put to shareholders by way of an AGM poll.
We will notify shareholders when appropriate, whether the postponement of regular interim
dividends will continue or if the company will be able to reinstate them.
You will no doubt share, and we hope appreciate our frustrations regarding the level of economic
uncertainty and the impact of macro events on the business which are out of our control.
Thank you for your continued support for and interest in Reflec.
Stay safe and best regards
Reflec Plc Board
Reflec share price data is direct from the London Stock Exchange

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