Driver Share Discussion Threads

[gary1966] 15/10/2019 07:27

Cash adjusted P/e of 7 and new year off to a good start. Cash balance flat in second half despite profits in excess of £2m is the only thing I can’t fathom. Guess we’ll have to wait for the numbers to explain that.

[norbert colon] 18/7/2019 19:31

https://www.hka.com/hka-acquires-the-kenrich-group/

[cheshire man] 29/6/2019 15:00

A 16% holding still shows confidence IMV and yes agree DRV may get taken out but at what price,,,,I would be a little disappointed at 80p but time will tell :-)

[norbert colon] 29/6/2019 10:12

Yep a great interview - just a shame KAL has reduced his holding in DRV down to 16% since the March profit warning.Can only hope the October results are more robust although the Middle East remains a challenging market.My investment thesis remains that DRV will be acquired by a larger peer (probably US based) for at least 80p

[cheshire man] 29/6/2019 09:27

Interview with UK Buffettology Fund CIO Keith Ashworth Lord

[rp19] 11/3/2019 22:15

I echo the above and thank NC for sharing his findings. For me, I still think the longer term prospects remain good (some buoyant business areas, pipeline of opportunities, re introduction of dividend) and am happy to hold. However, profit warnings often come in threes, so am looking for evidence that this is a blip and not more serious.

[junior21] 11/3/2019 21:09

I took a maiden position this morning in my SIPP. Though disappointing news I feel the fall was harsh but not surprising given the current climate. Thanks to NC for sharing his views and discussions earlier today.

[ronwilkes123] 11/3/2019 18:16

More big delayed prints from fridayV sorry episode - doesn't reflect well on management

[nickjoseph] 11/3/2019 17:24

I got it wrong Simon Thompson actually had four profit warnings last week not three forgot cog. Yet still people can't wait to jump in the minute he re tips the same share for the 10th time?

[norbert colon] 11/3/2019 15:54

https://www.stockopedia.com/content/small-cap-value-report-mon-11-march-2019-scvr-grim-tales-mello-tsla-ntbr-xar-qrt-orch-drv-456533/

[ronwilkes123] 11/3/2019 13:35

Yes it was rather obvious he'd say that

[kemche] 11/3/2019 13:32

Quelle surprise!

[hiraniha] 11/3/2019 13:05

For what it's worth, DRV has been described as heavily oversold in Simon Thompson's tip update from an hour ago.

[ronwilkes123] 11/3/2019 12:30

Ding - another long term negative is this bb is now trashedIt was once peaceful

[blueball] 11/3/2019 12:29

About 5 foot.

[ronwilkes123] 11/3/2019 12:28

Are you short

[blueball] 11/3/2019 12:27

Not looking good here in 2019 my target is 35p.

[ronwilkes123] 11/3/2019 11:15

If someone of these directors still have belief that this is an isolated incident - they'd be buying at these levels Nothing but silence so far

[hiraniha] 11/3/2019 09:24

Well I'm down a lovely 35% per cent this morning from my initial investment.

But am happy that the insiders that managed to sell in February got out at the right time.

God bless them, I say.

[ronwilkes123] 11/3/2019 09:11

Would be very happy with jonwog now with some action regarding the suspicious trades here as well

[podgyted] 11/3/2019 08:44

Dividend not paid yet - and it's only £270k.

[jonwig] 11/3/2019 08:43

This should be taken over, by a law firm such as Gateley, which specialises in construction law. BoD haven't a blocking shareholding, and institutions such as Baronsmead/Gresham House might be keen on an exit. Wouldn't expect much of a premium, though.

Just a thought.

[melody9999] 11/3/2019 08:29

too big a spread for me to get involved

[ronwilkes123] 11/3/2019 08:24

Dividend payment is the reason for most of it