Dewhurst Share Discussion Threads

[cockerhoop] 11/2/2021 16:46

Richard Dewhurst stepping down from Exec duties, chunky A share stake changing hands, T shares more than buoyant! Doesn't get any more exciting than this at Dewhursts!

[forensic] 11/2/2021 10:10

I would love to know why

[profdoc] 10/2/2021 10:04

What is going on? The voters have gone nuts - why? who is paying these prices?

[cockerhoop] 09/2/2021 17:32

Someone bought 250 shares!

[3800] 09/2/2021 16:22

I wonder what happened at ten past 11?

[gengulphus] 30/1/2021 21:39

No, additional voting rights over 50% are not effectively worthless, because a 75% vote is needed to pass a special resolution. Since a special resolution is required to be passed to implement the scheme of rearrangement in one form of takeover, and to delist the company in the other, additional voting rights over 50% are of significant value to potential bidders. And since bidders are entitled within reason to offer different amounts for different classes of share (with what "within reason" means being determined by the Takeover Panel), there is reason to believe that if a bidder aoppears, they'll be offering as much as they can for the T's and as little as they can for the A's as the Takeover Panel will let them get away with... Gengulphus

[cockerhoop] 19/1/2021 11:08

Richard Beddard has tipped the DWHT shares which have bounced strongly and I suppose the 'A' shares have joined in. Why he would tip the T's over the A's is a mystery to me as the family owning over 50% of the T's mean any additional voting rights is effectively worthless.

[18bt] 19/1/2021 10:59

Amazed no one has commented on the 20% spike in these shares in a couple of days.

[cockerhoop] 10/7/2020 16:03

Not sure via a TR1 but the AR certainly includes significant holders of the 'A' shares which actually includes some family members which I find reassuring. I think MI Discretionary were potential the recent sellers.

[coolen] 10/7/2020 15:43

Am I correct in thinking that, being non-voters, we would never get a clue via a TR1 as to the identity of the large players in the "A" shares ?

[jaf111] 06/7/2020 13:57

Nice move up ....only news being a chunky share buyback which the company can clearly afford.....certainly suggests to me trading can't be too bad and a final dividend more than likely...

[cockerhoop] 11/6/2019 10:52

Circa 35p EPS (adjusted for acquired intangibles) a decent step up from last year and consistent with FY forecasts.

[jaf111] 11/6/2019 07:21

Somewhat underwhelmed by results....was expecting a little more especially after recent run up in share price. Certainly surprised that currency movements had no material impact.

[jaf111] 16/5/2019 11:48

very very quietly the share price keeps moving higher...... interims should be out mid June......

[jaf111] 03/5/2019 13:52

Wide spread not encouraging much activity in either share currently after higher volumes last week.....but trend still seems in the ascendancy with thee DWHA still following DWHT

[contrarian joe] 26/4/2019 20:46

Broken out from it's high in 2018 with higher volume than normal in last couple of weeks.

[jaf111] 17/4/2019 09:34

Both DWHA & DWHT moving up nicely....fingers crossed this just the start....

[cockerhoop] 25/1/2019 20:33

Share Buyback hTTps://www.investegate.co.uk/dewhurst-plc--dwht-/rns/transaction-in-own-shares/201901251733451957O/ The 2 previous recent occasions this has happened in Feb 2017 & July 2014 performance was decent in the following 12 months. Their timing appears sound.

[bench2] 30/11/2018 12:17

Final results in past 3 years have been announced on the first Tuesday of December . But no mention in todays Inv Chron .

[jaf111] 06/11/2018 08:27

continued hibernation....but FY results due early December so hopefully some life in run up....and post results. Seem very cheap, esp with sterling remaining weak - see my post 8 August

[coolen] 26/9/2018 22:23

New 3% stakeholder today. A bit of guesswork needed, but seems Mr I.R. Scott may live up to his first name "Ingmar". I see that, in Swedish, this means "shrewd and successful in business". I'm guessing that a purchase of 1,000 shares at £10.80p on 24th September tipped him over the 3% level. Guessing also that he built up this stake through his privately-owned "Rio Capital" companies. Records at Companies House show that the Rio Group upped their profits from £300,000 to £1.4m last year. Given their percentage holding in Dewhurst and Rio's small net asset base of £2m, I calculate that last year's profit of £1.4m was achieved by holding shares almost solely in Dewhurst. Not only an apparently shrewd investor but an honest taxpayer: A quick look tonight at Official records shows that Rio duly paid over a full 25% of that gain to HMRC in Corporation Tax, with no fancy reductions claimed, putting the likes of Amazon and Facebook to shame.

[jaf111] 08/8/2018 13:00

Both DWHT & DWHA shares seem to have gone into holiday hibernation, but recent weakness of Sterling should benefit the company..... As noted in the half year report (13 June) "another significant negative impact on the results was the strengthening of Sterling" Perhaps we could get a trading update soon as in August 2016 where the fall in the pound following the Brexit referendum was stated as a benefit to reported sales and profits.......here's hoping!

[contrarian joe] 20/7/2018 18:39

Yes both pay 12p,though you get a far better yield on DWHA.