Driver Share Discussion Threads

[norbert colon] 13/11/2018 07:32

Results confirmed for Tuesday 11 December 2018

[from8to800] 19/10/2018 17:03

Have kept this one under my watch for quite some time. Finally checked the box for buying so I am now a proud owner. Seems to be holding up quite well in this weak market, can only hope it may spring to new heights once the weight of Mr Market come off.

[rp19] 16/10/2018 21:31

Very pleased with the update and nice and quiet on here. Thank you NC for the updated forecasts.

[royaloak] 16/10/2018 15:34

Hi Norbert, I agree, I reckon there was a big sale of 25000 shares at 81.5 which is holding the price back, think when this is cleared we may see it move up, might take a day or so.

[norbert colon] 16/10/2018 10:36

Excellent update this morning with N+1 Singer now forecasting £62.1m rev for FY2018 and £64.5m for FY2019 with EPS raised to 5.6p and 6.5p respectively. Of equal significance is the net cash position which rises from negative £0.2m in 2017 to positive £10.8m by FY2019 although no divi shown. I personally maintain a 135p price target and will be surprised if they don't see some sort of Corporate Action over the next 12 months.

[battlebus2] 12/6/2018 17:31

Added a few more, looks increasingly cheap and of course there’s a possibility of M&A. As Norbert says there’s quite a bit of consolidation in the sector.

[norbert colon] 11/6/2018 09:59

More M&A in this space:https://www.curriebrown.com/en/media/press-releases/2018/sporle-consultancy-services-team-joins-currie-brown-middle-east/C&B acquired Sweett Group in 2016

[norbert colon] 05/6/2018 12:44

Pleased to see N+1 Singer further upgrade their forecasts by 13% today - all looking good for 2018/19

[norbert colon] 13/4/2018 20:50

New office in Kuwaithttps://www.driver-group.com/middle-east/driver-trett-kuwait-office-celebrate-their-official-office-opening/

[sharw] 13/3/2018 13:24

No trades at all yesterday when the SDL Bufettology fund announced had moved up from 16 to 18.6% on Feb. 16th and 23rd (late reporting tut tut). Perhaps that triggered this morning's rush of buyers pushing the price up.

It does show how illiquid this one is. I got an offer quote for 72.4 around 10 a.m. but later it was 'negotiated trade only' and just now 83.9

225k traded so far of which only 2k looks like a sell. 12 month average volume 49,518

[barkboo] 13/3/2018 12:20

What has happened here - nice!

[norbert colon] 06/3/2018 16:42

There is a detailed report on Driver Group's recent AGM which can be found in our members area here: hTTps://www.sharesoc.org/members-area/ To access the report, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hTTps://www.sharesoc.org/membership/ Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the report (and reports on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hTTps://www.sharesoc.org/contact-us/

[sharesoc] 06/3/2018 16:32

There is a detailed report on Driver Group's recent AGM which can be found in our members area here:

To access the report, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here:

Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the report (and reports on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here:

[battlebus2] 23/2/2018 07:33

Excellent news this morning with trading ahead and a strong pipeline 👍

[norbert colon] 22/2/2018 16:25

Hi David yes I will certainly ask them as they would be an ideal company to present.

[davidosh] 22/2/2018 16:16

I have another Agm at 2.30pm same day and then a tour round the new PPH hotel in Waterloo which you might like to join on at 4pm.

Can you ask Driver if they would like to present at Mello2018 as it would be good to raise their profile and get them along ?

[norbert colon] 22/2/2018 15:58

Anyone attending the AGM next week - 28th Feb at 3pm (London EC4N 6EU)?Hope to see some others there.

[norbert colon] 20/12/2017 19:50

Yep agreed RP - I have upped my price target to 92p today.

[rp19] 20/12/2017 18:35

Encouraging to see the Group CFO purchase 50,000 shares today.

[norbert colon] 10/11/2017 20:18

Investors with access to Research Tree (although access my otherwise be available?) may was to refresh their memories as to the Driver Group offering here:http://webcasting.brrmedia.co.uk/broadcast/5919d52d2fea63527a1ed6c2Results due mid December.

[norbert colon] 21/9/2017 14:59

Some useful commentary here from Paul Scott:http://www.stockopedia.com/content/small-cap-value-report-thu-21-sep-2017-beg-axs-drv-qxt-tmmg-tfw-221183/

[norbert colon] 21/9/2017 08:23

Yes BB and if they don't get acquired for around 90p over the next couple of years I will eat my hat.

[battlebus2] 21/9/2017 08:11

Excellent update this morning and marked up accordingly 👍

[battlebus2] 09/8/2017 21:28

Castlefield Buffettologly fund ups stake to 6 million shares