Driver Share Discussion Threads

[solooiler] 28/7/2020 19:26

I thought I would get a better entry a few weeks ago but I was wrong so I have bought in. GLA

[sharw] 12/7/2020 09:25

Here is the direct link:

[norbert colon] 12/7/2020 09:16

Yes - link here:https://t.co/Y9M3q20JRl?amp=1

[cheshire man] 12/7/2020 08:57

Tipped by Midas I see,,,,,may give the share price a push in the morning

[thordon] 10/7/2020 20:21

Naughty MMs

Delayed trade after closing time
10-Jul-20 08:38:02 64.3125 80,000 Buy* 61.00 65.00 51.45k

[thordon] 06/7/2020 20:29

Lol takes IC to write up what we already new from the interim results , as said earlier was not expecting this ( the really positive driver Interim results in Covid 19 phase )

[cheshire man] 06/7/2020 16:29

Good day here for us :-)

[norbert colon] 06/7/2020 13:43

https://www.investorschronicle.co.uk/comment/2020/07/06/on-the-hunt-for-recovery-buys/

[fillipe] 06/7/2020 13:39

Perky!
Today.

f

[thordon] 30/6/2020 20:35

Good set of interim results , was not expecting this

[dangersimpson2] 25/6/2020 10:09

AB are the matchmakers of the construction consultancy industry - let's hope we are all attending another wedding soon!

[battlebus2] 24/6/2020 21:57

Always good to see AB adding, they did similar with WYG and WTM and we know what happened them 👍

[thordon] 24/6/2020 21:54

yes noticed , but there are multiple interested parties

[spooky] 24/6/2020 20:03

Good volume again today, its a matter of time before they get taken out IMO.

[orange1] 24/6/2020 18:47

AB Traction have increased their holding from 14.17% to 15.6%.

[thordon] 12/6/2020 21:35

Yes very large trades ; whos selling or buying ?

[spooky] 11/6/2020 19:30

Interesting trades today.

[thordon] 28/5/2020 19:23

explains why share price dropped yesterday , mms had a order to fill

28-May-20 12:24:21 50.00 500,000 Buy* 46.00 51.00 250.00k

[spooky] 11/5/2020 22:11

People appear to have noticed companies like BEG and FRP, but this environment has to be very good for DRV sooner or later.

[norbert colon] 11/5/2020 19:40

https://www.constructionnews.co.uk/financial/contractual-disputes-loom-for-one-in-four-11-05-2020/

[thordon] 24/4/2020 11:06

Driver’s Covid-19 action plan

Driver (DRV:41.5p), a consultancy that provides clients in the construction and engineering sectors with specialist commercial management, planning, programming, project management, and dispute resolution support services, has guided investors to expect profits for the six months to 31 March 2020 to be significantly ahead of the previous year. The results will also be in line with internal budgets which were based on full-year adjusted pre-tax profits rising from £3m to £3.7m on revenue of £59.9m to lift EPS from 4.8p to 5.4p.

The pipeline for April and May is “encouraging”, too, but the board is taking a cautious approach in light of Covid-19 economic downturn in case customer behaviour changes in the future. Prudently, the directors have postponed all non-essential operational and capital expenditure, decided to pass the interim dividend and taken a 20 per cent pay cut. Importantly, Driver’s balance sheet is robust. Current assets of £27.7m were more than double total liabilities of £12.1m at the 2019 financial year-end, and the company currently has net cash of £3.3m and access to a £3m revolving credit facility.

I would also flag up that Driver’s dispute resolution business should do good business in the downturn.

[sharw] 20/4/2020 19:10

The vertical line at noon gives it away - a ST recommendation

[cheshire man] 20/4/2020 15:49

Strong move up today,,,,,long may it continue :-)