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DWHA Dewhurst Group Plc

675.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Dewhurst Investors - DWHA

Dewhurst Investors - DWHA

Share Name Share Symbol Market Stock Type
Dewhurst Group Plc DWHA London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 675.00 07:36:01
Open Price Low Price High Price Close Price Previous Close
675.00 675.00 675.00 675.00 675.00
more quote information »
Industry Sector
ELECTRONIC & ELECTRICAL EQUIPMENT

Top Investor Posts

Top Posts
Posted at 10/2/2015 10:17 by cockerhoop
Mr Viera,

This is his latest comment titled '5 Top Picks for the Future' (there is some earlier Dewhurst pieces on the site)

[...]

Of the 90-odd companies I track, Dewhurst could be the most undervalued. The company is a manufacturer of push-buttons and components for lifts, ATMs, and railway carriages, as well as bollards and signage for roads. Although its illiquidity is off-putting for some, it shouldn't be off-putting for long-term investors. Dewhurst is a respected specialist, which probably explains its record of high profitability, maintained in the year to September 2014.
Posted at 11/6/2014 21:47 by coolen
A touch naughty that no reference was made to legals. New investors would have to scroll back to discover that a threat exists.
Posted at 11/6/2014 08:52 by gengulphus
If they win I would estimate a negligible to small price rise - they are trying to clear their own name, not win a settlement.

They don't need to win a settlement to increase the value of the shares - just getting rid of the threat of losing a settlement will do the job.

Look at it this way: When this legal action was announced in January, no money actually left the company - and yet the share price still dropped around 40p (roughly estimated by looking at the chart in the thread header). What had changed was not the company's actual current business operations, assets and liabilities: it was just that the market had become aware that there might be a big legal settlement against the company in the future.

I.e. the appearance of that possible big future loss in what investors know about the company was enough to cause a 40p-per-share drop in the share price. That's good reason to believe that if that possible big future loss disappears, it will have roughly the opposite effect.

Of course, if it instead becomes a definite big loss, one can expect the share price to drop further. This is a "heads you win, tails you lose" scenario, not "heads you win, tails you draw"!

Gengulphus
Posted at 27/2/2013 13:51 by coolen
Re the "A"'s discount to the "Ords", 10-15% used to be the difference when a larger number of companies had dual share capital.

Most enfranchishments were done on that basis.

A bigger premium used to arise if a take-over bid was in the wind or if there was a family dispute. Bear in mind that after several generations, the interests of some key family members may not be aligned to those of the minority non-voting investors.

In the Cakebread situation, a punter forced up the price of the Voters (over a long period) and then persuaded the board (also big holders of the Voters)that dilution caused by enfranchising the non-voters could be minimised by giving the voters 7 times as many shares in the new share capital. Result: Voting share price 350p: Non-voting price 50p.
Posted at 27/2/2013 10:59 by markrogers88
Coolen - I hadn't thought about index funds, that's very interesting. An artificial discount, but one that any buyer of A's can benefit from.


Pat - Make that a £27m asking price for the A's! Nothing like a vague profit warning eh, they might as well release an RNS saying "BOO!" with a picture of a spider underneath! Market is suitably scared, can't help but feel a bit more detail/guidance would be helpful to investors.

Naturally I'm more interested in today's price than yesterday's, although that also factors in today's disappointing update. No change to long term outlook.
Posted at 04/2/2005 10:59 by cwa1
Investors Chronicle today...

Bargain Shares for 2005: GRAINGER TRUST, ABBEYCREST, NORTHAMBER, BOVIS, DEWHURST, INDIGOVISION, NCIPHER, MJ GLEESON, JAMES LATHAM

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