Gateley (holdings) Share Discussion Threads

[petewy] 12/1/2021 14:56

I read the same...promises no date.

[epo001] 12/1/2021 12:01

The RNS I've just read contains the following (in CEO review): "We are committed to resuming bonus payments to our staff and dividends to our investors and will look to reintroduce our existing dividend policy following completion of FY 21."

[petewy] 12/1/2021 11:09

All promises:
"make dividend payments to shareholders for the current financial year."
By end of March.

[tole] 12/1/2021 08:31

"So long as trading remains robust for the remainder of the financial year, the board will be in a position to, and intends to, award bonus payments to staff and make dividend payments to shareholders for the current financial year"Also good to hear confirmation of their proposed return to the dividend register.

[this_is_me] 12/1/2021 07:49

Excellent results given the circumstances.

[2vdm] 18/12/2020 07:30

Only 3-4 weeks to go for the results on 12th Jan

[tradertrev] 27/11/2020 16:09

It's also land acquisition and permitting for infrastructure. It's an extremely diverse business.

[jonwig] 27/11/2020 15:56

That's true, but it's housebuilders and their land purchases, which is more palatable!

[energeticbacker] 27/11/2020 15:47

Adjusted profit before tax is anticipated to be not less than £7.0m, compared to £6.6m for the prior year, with net cash of £9.6m at the period end, although it’s unclear how much this has been helped by government support measures.

The group has significant exposure to the property sector which may worry some, according to Investor's Champion.

[bbluesky] 27/11/2020 09:52

Yes, conservative and solid is their trademark. In due course it will return.

[jonwig] 27/11/2020 09:50

prudent decision - dividend or not will depend on performance post-Oct 31, ie. no further deterioration in Covid climate.

[petewy] 27/11/2020 08:13

No mention of dividend. Not a comprehensive update

[johndoe23] 27/11/2020 07:58

Well they did email me this morning saying there was a trading update today!Maybe they meant there was no fixed date for interims, which there isn't.Either way, pleasing update!

[this_is_me] 27/11/2020 07:28

Well John it looks like you were treated like the proverbial mushroom - kept in the dark and fed sh1t.

Anybody think that the share price jump this week could possibly be insider trading due to leaked information?

Impressive results. I can't see anything other than a big price rise on the way.

[robsy2] 27/11/2020 07:20

there is your update. Seems pretty good to me but no mention of a dividend.

[johndoe23] 26/11/2020 11:41

Contacted the company this morning regarding trading update and interims.They said discussions are taking place at the moment, but nothing has been decided yet. I might add they were very quick to respond, always a good thing in my book!

[recut more] 23/11/2020 18:09

Think trading update could be around 25th based on last year, year before was the 23rd

[johndoe23] 23/11/2020 17:06

Yes, tricky resistance at 140p gone. Next stop 160p, if divi is reinstated at interims, maybe higher...

[this_is_me] 23/11/2020 15:59

looking good to reach 160p.

[johndoe23] 22/11/2020 17:25

Last year there was a trading update end nov with interims in December. Anyone know if this is the case this year?

[this_is_me] 30/10/2020 18:18

Yes, that was, I'm sure, a shock to the Board.

[tradertrev] 30/10/2020 16:54

Blimey - directors' remuneration only just squeaked home at the AGM! Work to do there.

[blondviking] 08/10/2020 18:36

Plus 6% today! Should get back to about 140p

[blondviking] 06/10/2020 09:15

This is the forth time in last 6/7 months that we have hit the support level at about 116p. It should bounce back from this level.

[petewy] 02/10/2020 11:13

Still waiting for it to stop falling. But at 118p buyers are not steaming in.