Dewhurst Share Discussion Threads

[jaf111] 04/6/2018 11:57

market seems to be agreeing, albeit a little slowly!

[topvest] 04/6/2018 11:21

Yes, looks like a nice bolt-on.

[jaf111] 04/6/2018 09:49

Looks like fairly significant acquisition news...although only showing up on DWHT! Always like the sound of immediately earnings enhancing......


Dewhurst plc, an independent supplier of quality components to the lift, keypad and transport industries is pleased to announce it has entered into an agreement to acquire the entire issued share capital of A&A Electrical Distributors Limited ("A&A") for an initial consideration of £10.5 million plus a deferred consideration based on profits generated over the next two years (the "Acquisition"). The Acquisition will be funded from existing cash resources.


The Board expects the Acquisition will be immediately earnings enhancing.

[jaf111] 04/4/2018 09:29

Things happening...the T shares continuing up but now joined by the A shares????

[topvest] 03/4/2018 16:50

Yes, a massive discount. Seems a little unwarranted.

[cockerhoop] 03/4/2018 14:00

Well the discount has risen to approx 45% now to the T shares (with the voters volume also at an increased level since December)......something afoot that requires a vote?

[coolen] 10/1/2018 22:17

Back to earlier chat about the value of the vote. Been many moons since the Takeover Panel have needed to rule on this aspect.

[gustavfenk] 10/1/2018 22:15

Yes, but are the voting shares overvalued, or the non-voting shares undervalued???

[topvest] 10/1/2018 21:11

These are on a 33% discount to the voting shares after the dramatic rise in the voting shares. Interesting!

[coolen] 23/10/2017 20:02

Interesting that the Tel tipped the Young Non-Voters and it is the Dewhurst Non-voters that are flying here, not the Voters.

[topvest] 23/10/2017 19:56

Well this is flying.

[coolen] 23/10/2017 18:54

Noticed an article a week ago on Young & Co. I think they predicted other IHT exempt suggestions to come. Cannot recall how regular it is going to be.

[cwa1] 23/10/2017 07:03

Hello coolen. That's an area I'm interested in, do you happen to have a link to that/or could provide a precis of what it's about/what stocks are in it if not? Cheers

[coolen] 21/10/2017 21:03

Wonder if the Telegraph might add this to their new IHT Exemption Portfolio ?

[tilly99] 20/10/2017 19:49

I notice I hold!!

[jaf111] 20/10/2017 14:38

Run up continuing.....but clearly no one noticing 😀

[jaf111] 18/10/2017 12:11

On a bit of a nice run up....results not due until early December but hopefully we will get a trading update soon?

[davebowler] 22/6/2017 10:13

Cantor;
Dewhurst (BUY) – A solid first half of trading
DWHT LN (660p, TP 800p from 750p), Market Cap: £47.4m
(Corporate Stock)

Dewhurst’s FY2017 interims confirm a continuation in positive trading across most territories, supported by a strong contribution from foreign exchange. Group sales grew 22% to £26.1m, or 10% at CER, and given Dewhurst’s operational gearing, adjusted PBT increased by 76% to £3.0m. Notable contributors were Dewhurst’s Transport and Keypad businesses, which both achieved double digit growth, as well as the first time sales contribution of £0.4m from February’s accretive purchase of P&R in Australia. As usual, the balance sheet is strong, with £16m of net cash, and management has increased the interim dividend by 17% to 3.5p (CFE forecast 3.3p). Despite potentially less certainty in the UK over the shorter term, the outlook is generally positive. As such, we increase our PBT forecasts for FY2017E/18E/19E each by approximately 3%, and raise our TP to 800p from 750p. We reiterate our BUY recommendation.

[jabberstocky] 02/5/2017 18:57

10 * since thread began.

[patviera] 19/2/2017 19:11

My favourite two stocks are spectra and nuog for 2017Spsy tgt 70pNuog 3pThese stocks have all the attributes to motor over the weeks and months ahead

[blueeyes13] 15/2/2017 08:48

One off fee of £199 limited to 200 people. The Motley Fool Microcap Report is the title so google it or email MF. I'm on their Hidden Winners subs so was sent the email offer.

[boystown] 15/2/2017 08:44

Is there a link anywhere or is it a subscription thing?

[jaf111] 15/2/2017 08:42

Can one get hold of the Micro Cap Report.....i was a Motley Fool member but cant find anything on the home page?

[jaf111] 15/2/2017 08:35

Thanks blueeyes....looks like i have 2 of the 5 (VLE & DWHA)

[blueeyes13] 15/2/2017 08:30

Motley Fool Micro Cap Report last night