Fletcher King Share Discussion Threads

[bigmolly] 14/11/2006 03:22

Not so sure about £1 which would be nice but that's another 30%, however looks like it's going to take the 70p resistance out which will then hopefully turn to a support area.

I still think this is a easy take out for someone, will stay with it for the yield.

take care

BM

[churchill2] 26/10/2006 20:10

It must be getting on to an all time high. Onwards to a 100p by the end of the year.

[bigmolly] 26/10/2006 12:29

Ticking along very nice, wouldn't think there are very many of these in free float hence generally following mkt direction.

Nice!!!

[churchill2] 19/10/2006 19:19

Still ticking up.There does not appear to be an obvious reason apart from robust share prices in commercial property.

[contrarian2investor] 11/10/2006 21:56

Hi Churchill2

The RNS today stated that a director of Urban bought 75000 shares does this mean they are expecting some action or some news.

Watch this space c2i

[churchill2] 05/10/2006 13:21

I cannot see any reason for the gradual tick up in the share price. Hardly any activity in the shares so will just have to wait and see.

[contrarian2investor] 28/8/2006 11:58

Hi fellow long-term holders, this stock has been kind to us. So I believe we should appreciate the fact that in spite of market volatility it tends to hold it own while providing a steady stream of income via dividends. How many other stocks can we all say that about? No sleepless nights here. With property sales peaking again I believe FLK'S forthcoming results will be good.

ALL THE BEST
C2I

[churchill2] 23/8/2006 19:16

Interesting up 4% with no trades. Must be close to all time high. Perhaps Bigmolly is right.

[bigmolly] 20/8/2006 15:31

That's very honest of you NTV.

I didn't think the £237K was of any concern and without trying to ramp I just think FLK is an excellent long termer.

I also think one of these days of continuing M and A acticity that it will get swept up.

Take care.

[ntv] 19/8/2006 09:25

regretting selling now

[brad1] 17/8/2006 08:45

This company look very solid and they pay a handsome dividend - in for the long term

[bigmolly] 17/8/2006 07:07

Ships 1 sold with a return of 35% p.a. That should negate that £237k.

A new rugulated fund to be launched, have to assume the SHIPS 1 investors will be happy to go again based on that performance.

[ntv] 12/7/2006 18:55

not worth shorting either because of quantities
doh
down to 45p rapidly now i hope

[ntv] 12/7/2006 18:53

i did rivaldo and sold my few today
shame i did n't read finals carefully
£237k should have been included as exceptional credit
dodgy and i won't be back!!!

[rivaldo] 12/7/2006 12:42

Hey, thanks churchill2! I'll take that as a compliment, despite the share magazines penchant for writing rubbish a lot of the time....looks like others are agreeing with me about FLK too.

[churchill2] 11/7/2006 20:29

Rivaldo

Excellent review. You could get a job with one of the share magazines.

[rivaldo] 11/7/2006 10:18

Hmmm....good pipeline, but the results are cunningly flattered by the £237k "other income" compensation on head office. Without that the adjusted PBT would have been down from £441k last year to £363k this year - and H2 profits would have been down to £150k from £213k in H1.

The divi is good and that pipeline looks encouraging, but the results were not good. No reason to buy back in yet imo unless you like dividends - could be another few months of stagnation and drift for the price unless there's some corporate action or the market takes a favourable view of that pipeline over and above the pretty average results.

[bigmolly] 11/7/2006 09:57

Nice set of numbers and pipeline looking OK for 1st half.

[ntv] 11/7/2006 07:37

some good size transactions to be completed in first half (£60m)
by then reits should be in full swing

[jwe] 07/7/2006 17:10

Certainly looks like there is a buyer for these currently.

[churchill2] 06/7/2006 22:22

Figures due out shortly expecting them to be good. FK issue nearly all its profit as dividends so it is an income rather than a growth stock. Some years ago David Fletcher said he received offers for the Company on a regular basis so I expect it will happen one day. It would be attractive to other companies in this line of business plus David Fletcher is not getting any younger. One drawback is lack of liquidity in the shares if they went through a bad patch. Have been a good investment for me.

[ntv] 06/7/2006 18:42

glad i bought a few recently

[pav 1] 06/6/2006 11:39

Any holders out there, this time last year there was a trading update followed by a price spike any views?

[lauders] 16/3/2006 09:14

Haven't visited their website for a while, but business look quite brisk/positive judging from this page:

[lauders] 15/3/2006 12:32

Yes! Very quiet. But why the spike? Is it for no particular reason like the massive spike that took us to nearly 70p or is there some substance this time?

Hmm.... interesting!