Share Name Share Symbol Market Type Share ISIN Share Description
Connect Group LSE:CNCT London Ordinary Share GB00B17WCR61 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.30p -0.44% 67.50p 67.50p 68.90p 69.40p 67.50p 69.00p 133,048 14:31:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 1,594.3 34.2 11.0 6.1 166.83

Connect Share Discussion Threads

Showing 876 to 900 of 900 messages
Chat Pages: 36  35  34  33  32  31  30  29  28  27  26  25  Older
DateSubjectAuthorDiscuss
20/2/2018
13:28
Oops, and it's way too big to be rolled into a tax shelter. But rolled I suspect it was.
colonel a
20/2/2018
11:31
By definition, if it is a rollover, however large the connected trades are, that will not trigger a holdings RNS. The end result doesn't change percentages.
grahamburn
20/2/2018
11:28
Rollover I suspect. Hopefully big enough that we'll find out who.
colonel a
20/2/2018
10:37
Two massive sells of 2m this morning. Price seems to have held up well.
retsius
16/2/2018
18:56
Good to see the price recovering from the depths. I am here for the yield, this is an income stock for me.
rcturner2
16/2/2018
08:43
up 5% so far
mister md
15/2/2018
19:48
British bulls CNCT Buy 15/02/18...........
retsius
15/2/2018
19:44
Aleman Many thanks
retsius
15/2/2018
17:58
Http://uk.advfn.com/stock-market/london/connect-CNCT/share-news/Connect-Group-PLC-Disposal-of-Books-Division/76342252 Connect Books' EBIT for the 12 months to 31 August 2017 reported a GBP2.0m loss within the Group's discontinued operations, which included GBP3.2m of exceptional charges to operating profit before the decision to treat the division as 'held for sale' on 31 August 2017. Adjusted loss before tax was GBP2.0m and statutory loss before tax was GBP12.8m, after impairment and amortisation charges.
aleman
15/2/2018
15:11
Edmundshaw Just was going to post the same query from Aleman. R.
retsius
15/2/2018
14:58
Aleman, where did you get the "ongoing loss of £2m per annum"? Until recently, I thought the books was profitable.
edmundshaw
15/2/2018
13:29
They've got £6m instead of an ongoing loss of £2m+ per annum and/or time and costs of reorganisation to come. I would have been okay with it going for nothing so £6m is a bonus. I presume it will mean an extra asset write-down in the results but it means the company should be okay to pay the dividend and still have a bit of flexibility for small acquisitions to try build on its existing strengths. I will be happy if they just concentrate efforts on filling the driver shortages and building PMP into profit before they get ambitious again. I think we can look forward to the May results now.
aleman
15/2/2018
12:45
I think from market response this morning that there is general relief that a solution to the sale has been achieved. Not a stunning price you might think but as someone alluded to on earlier post,no litigation worries and subsequent costs. The relief is that uncertainty has been now been removed . The Book division although profitable in the past must have been declining recently for a new price almost half of what was expected.
retsius
15/2/2018
11:46
IMHO buys from yesterday. Too large to be PI to MM so most likely arranged trades I'd have thought - a willing buyer and seller in large volume often signals a price change to come.
nigelpm
15/2/2018
11:38
IMHO buys from yesterday.
morgoth1
15/2/2018
11:23
Very chunky trades rolling through at 66p.
nigelpm
15/2/2018
10:49
Fenner66 Very good point. R.
retsius
15/2/2018
10:20
Just goes to show that they should have agreed a sale with a funded vehicle with redress from the parent and a penalty clause for dropping out - at the time not allowing themselves to get done later. Lesson learned ? But where were the expensive lawyers whilst that was happening? Who are the lawyers?
fenners66
15/2/2018
10:17
weird thing about all of this is the physical book sales are reported as increasing. hTTps://www.theguardian.com/books/2018/jan/18/waterstones-annual-profits-jump-80-percent-books-sale Asagi (long CNCT)
asagi
15/2/2018
10:00
Lots of people will know lots of things behind the scenes in deals like this - almost impossible to stop it.
nigelpm
15/2/2018
09:41
In particular, Aurelius staff likely had foreknowledge of the outcome. Not casting aspersions (on my lawyer's adice), but...
edmundshaw
15/2/2018
09:29
Well you have said it all boys! Sold at a mark-down price for £6m. I was checking the previous accounts and in the last four years they made on average of £2.5 m a year. There must have been a marked deterioration in outlook for them to clear it out. Anyway it is sold now and we can move forwards. I thought news had leaked due to massive buys over the past two sessions.Someone had some knowledge of outcome.Wellcome to the stock market.
retsius
15/2/2018
08:47
Maybe but management credibility takes a hit -you come across as naive and a hopeless negotiator. Still if that's the way you were seen before then its status quo!
meijiman
15/2/2018
08:24
Aurelius on the face of it went away like a highway robber. And another write-off of £10m (given the carrying value at last results was £15m) not exactly pretty; but I agree, that clears the air. For some reason management wanted to get rid of the books operation at pretty much any price; for all we know £5m is a good deal!?
edmundshaw
15/2/2018
08:06
I agree wllmherk. Looks like Aurelius had them over a barrel and manipulated the situation to get a 50% discount on the original price. Whatever...at least they can move on from here with some additional cash in the bank.
masurenguy
Chat Pages: 36  35  34  33  32  31  30  29  28  27  26  25  Older
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