Goodwin Share Discussion Threads

[linhur] 18/8/2017 23:44

I expect results might be published 25 August at 4.31 pm!!

[alexisk] 18/8/2017 18:18

I don't think the results are going to be appearing this evening -- strange.

[bench2] 18/8/2017 16:31

Leaving it late on a Friday !!

[henchard] 18/8/2017 16:29

The time of the annual results releases has been pretty consistent:

29 Jul 2016 7:00am Preliminary Results
24 Jul 2015 9:00am Final Results
25 Jul 2014 9:00am Final Results
26 Jul 2013 9:00am Preliminary Results
27 Jul 2012 9:00am Final Results

but maybe the delayed date this year will also be accompanied by an irregular time.

[kneecaps2] 18/8/2017 16:11

I have known Goodwin for over 20 years and they always do things their way

[kneecaps2] 18/8/2017 16:11

Rubbish Bench they are often out after hours or the next morning

[rhomboid] 18/8/2017 14:37

They do tend to do middle of the day RNS iirc so this afternoon is still possible?

[bench2] 18/8/2017 12:27

No results out yet , not a good sign

[bench2] 09/8/2017 19:54

John Goodwin , emailed me back , yes 18 Aug is correct , he said they have decided to give themselves more time as they seem to hit auditors vacations .

[rhomboid] 08/8/2017 09:18

According to their website financial calendar prelims are due 18 August TBC

Seems a very slow reporting cycle to me which I never like to see

[bench2] 08/8/2017 08:49

Final Results are overdue : Have been announced at end of July for last 5 years . Not a good sign . I will call the company sec .

[linhur] 07/8/2017 12:16

No trading statement this quarter?
Does chart indicate £10?

[quattro44] 10/3/2017 16:12

Not any more. Too many warnings and no end in site. Most negative and shortest report yet.

[redartbmud] 07/3/2017 14:29

Just a few hundred shares traded moves the price by a fairly large number. At least, for now, it is going in the right direction.

[deadly] 07/3/2017 14:25

A spark of life?

[deadly] 10/1/2017 12:15

Oil and gas sector has been strong recently but this hasn't joined in the fun.

[redartbmud] 11/11/2016 13:49

Foundries are out of favour.
They supply the Oil&Gas sector.

Nuff said.

[phat hair] 11/11/2016 13:46

What's going on here then? Why the recent decline?

[duncan doughnut] 10/10/2016 18:29

Just in from work and checked my shares to see an RNS with what looks like a batch of director buying. Is that correct?

I've been holding a long time wating for these to rally and have them down as doing all right from the weak pound but it hasn't affected the share price yet.

[deadly] 10/10/2016 17:25

The year's high today strangely.

[rhomboid] 05/10/2016 20:05

My issue is simply that Base Salary implies a level of performance, any gravy on top needs to be a response to the competitive landscape, I cannot see that they are at risk of losing key staff , especially as many are family members, the whole thing left me feeling that I'd misjudged the company ethos & that they were less ethical than I'd hoped

[westcountryboy] 05/10/2016 19:43

Unfortunately I don't find your calculation very easy to follow, which is probably my fault.

But if I understand you correctly they have to deliver nearly 15% share price growth a year from here in order to create 8% of extra shares.

This is surely beneficial to me as a holder. I don't care whether it is also disproportionately beneficial to them, especially as they have contributed to the growth whereas I have just sat at my screen wondering when the price is going to move up again.

[skanjete2] 05/10/2016 15:59

They award themselver 8% extra new shares if they can create 8/0,05 = 160% extra TSR from 2009.

Share price 30 april 2009 : 922p
TSR at 166,09 on 30 april 2016 : 922 x 2,6609 = 2.453p
TSR for 8% extra shares : 166.09+160 = 326.09%
TSR 326,09% on 30 april 2019 : 922 x 4,2609 = 3.928,5p

TSR from 30 april 2016 to 2019 : 3928,5/ 2453 = 1,6015 = 60%

But TSR from 30 april 2016 to now is already : 2200sp + 42,35p divi = 2245,35 - 1925 = 320,35p.

So starting price x TSR on 30 april 2016 : 2453 +320,35 = 2773,35p at the moment of AGM.

TSR left to realise in order to create the 8% extra shares : 3928,5/ 2773,35 =41,65% in 2,5 years time, this is an annualised return of 14,9%/year.

Stated otherwise : if they create 7200000 x (3928,5-2773) = 83.196.000£ of value, they pocket 576.000 x 3928,5 = 22.625.000£, or about 27,2% of the value created, on top of their salary.

I invite everyone to evaluate my calculation and make remarks.

[deadly] 16/9/2016 17:41

Massive spike before close of 14% after 4000-odd shares bought.
I know these are thinly traded but that's bizarre.