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GDYA Gibbs & D.Assd

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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 Shares Traded Last Trade
  0.00 0.00% 0.00 -
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
- 0 GBX

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Gibbs & D.Assd (GDYA) Discussions and Chat

Gibbs & D.Assd Forums and Chat

Date Time Title Posts
19/8/200311:45Best family run business, up 416%-

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Gibbs & D.Assd (GDYA) Most Recent Trades

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Gibbs & D.Assd (GDYA) Top Chat Posts

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Posted at 16/7/2003 20:37 by kombimatec
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.
Posted at 16/7/2003 09:29 by kombimatec
My target price for these in next 3 months is 360p
Posted at 11/7/2003 09:09 by kombimatec
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.
Posted at 07/3/2003 11:06 by kombimatec
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.
Gibbs & D.Assd share price data is direct from the London Stock Exchange

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