Dewhurst Share Discussion Threads

[patviera] 16/4/2006 19:06

imstill a buyer but on weakness..crucial times with acquisition

[insipiens] 01/4/2006 18:50

Patrick,

Hope all is well with you.

I sold my DWHT at around the 250 mark, with a 55p gain + dividend income. I have now started accumulating DWHA initially at 190p as per my theory of a while back (seasonal downtrend).

the first half has closed so will be looking at the interim dividend later this summer for indication of whether to continue accumulation.

I expect, due to the economy having not contracted as much as some doomsayers have been thinking [moi?], we might expect a continued growth in sales thus implying continued dividend growth.

My only possible concern will be the integration of the January acquisition subsequently it's effects on margin, cash and any one off costs associated - will be watching very closely.

Assuming continued sales growth, in-line dividend growth, and no surprises I will continue to accumulate from August.

[manrobert] 22/2/2006 13:48

yes we probably do .its just a question of whether the tax advantage is considered more beneficial than the individual share/

[insipiens] 22/2/2006 13:44

I'm quite aware of that - I meant buy back outside an ISA.

Sounds like we mean the same thing. doh.

[manrobert] 22/2/2006 13:40

i should have added also that they cannot be held in isa s.

[manrobert] 22/2/2006 13:01

aim shares are not allowed to be held in peps.see company announcement 6th jan.2006.

[insipiens] 22/2/2006 11:57

not sure I follow you there. Surely they just have to remove the holding from the ISA by selling & buying. Perhaps they believe it will come down a bit on the sale and wait to buy back lower (doesn't seem likely though).

[manrobert] 22/2/2006 08:10

yes they may buy back but more likely they would replace the holding to preserve the tax advantage .i hope they follow in the footsteps of youngs and monsoon which have both risen strongly since coming to aim.i remember many years ago buying dewhurst for 11p.

[insipiens] 22/2/2006 01:32

Possibly, but wouldn't they sell from an ISA and immediately buy back?

IMO I think the voting shares will converge towards the A share value for now, a feature of dual listings.

Possibly the AIM issue will generate some short term volatility.

[manrobert] 21/2/2006 15:52

today s sales are probably forced re the move to aim market.

[insipiens] 24/1/2006 15:30

Off we go to AIM.....

[patviera] 13/1/2006 13:44

insipiens..good spot..maybe people want to attend the agm as you say.

[insipiens] 12/1/2006 20:59

Cheers patrick,

I suppose, in comparison, I have been lucky then.

I wouldn't dream of going short - rather see it as opportunistic arbitrage and would then stay at A class......

Although this hasn't been the biggest differential....appears that the ords are very popular around AGM then the gp closes. Fairly obvious why....

[insipiens] 12/1/2006 11:13

What if: someone wants the voting rights for the EGM on the 24th? Selling A shares to buy voting shares?

Personally I think I'll do the opposite if they diverge much further.

Wonder what Patrickviera thinks of this?

[dumpling] 11/1/2006 16:07

Looked at Barclay Brokers site. 5000 sell @ £2.40 @1503. Still can't understand why no technical correction - not that I mind.

[dumpling] 11/1/2006 15:56

Strange- no drop in the price and no share volume. What's going on?

[insipiens] 10/1/2006 22:04

exdiv tomorrow - will have to be alert for selling action.

[insipiens] 22/12/2005 11:14

Well, an acquisition already, paid for in cash.

[patrickviera] 20/12/2005 20:35

insipiens...being one of the largest shareholders in this company i am a very happy bunny...i bought most of them at 60/70p in 98....and am being rewarded now for my patience...still a long way to go xxx

[insipiens] 20/12/2005 12:35

patrick, price seems to be following your estimates.

[patrickviera] 16/12/2005 19:56

yes ...i have some shares in a pep...with mkt cap of 18 mill..cash of 6..mkt cap ex cash of 12 and make 3.5m..am i stupid or is this share undervalued by at least 35 pct? plus they have a property/warehouse in hounslow!! im soooo excited.

[insipiens] 09/12/2005 13:36

Patviera,

You may be interested in the AIM document that FW Thorpe recently issued - they are transferring to AIM in January.

[insipiens] 09/12/2005 11:11

patviera,

Nice one.

[patviera] 08/12/2005 15:09

insipiens...im a very large holder of the A share...mkt cap is 18 mill as there are 2 lines of share...you say things can go wrong..yes but ive held since 1998 and nothing has gone wrong.the mngt are very shrewd and cautious...i love this share and it has made me lots.