Goodwin Share Discussion Threads

[wjccghcc] 30/7/2019 08:42

Financial Calendar on their website says week commencing 5/8 (TBC).

[westofengland] 26/7/2019 21:29

It's not a question of convention; it's about being good stewards of the business. On that front their record speaks for itself
. Like Kneecaps2, I am proud to be a Goodwin shareholder.

[redartbmud] 26/7/2019 21:10

Laid back or what. They don't believe in convention.

[kneecaps2] 26/7/2019 18:39

I asked their company secretary at lunchtime today. She said they had no firm date yet but said probably next week or the week after.I also expect the results to be good.

[cellars] 26/7/2019 13:06

I think so

[westofengland] 26/7/2019 10:59

I spoke to the Company on another matter ten days ago and they indicated August.

Anyhow we shall enjoy them when they are reported!

[cellars] 26/7/2019 10:38

30th on company website

[mw8156] 25/7/2019 16:54

results tomorrow?

[westofengland] 04/7/2019 15:00

My gut reaction is that the market is slightly short.

The sixth generation all bought stock in both April and May and I sense that the numbers will be very solid.

This is a very capable business.

[crazycoops] 04/7/2019 14:14

How dare they! Results end of the month, hopefully H1 strength has continued to get the sixth generation off to a flying start :-)

[rhomboid] 03/7/2019 18:22

No news ...30k worth of sells...it’s a function of the illiquidity of the stock...most people holding are holding it tight but occasionally someone breaks ranks🙂

[deadly] 03/7/2019 18:15

7% drop today; any news?

[danny baker] 03/5/2019 09:58

Directors topping up their ISAs on 30th April.

[mw8156] 01/5/2019 14:04

this younger generation appears to be no fools, well-educated, accountants and graduates of Imperial College, UCL....

[danny baker] 01/5/2019 13:31

Haha the Goodwins passing the baton to the younger generation but also holding on to it by remaining on the audit committee to check what the young whippersnappers are doing. The Goodwin family don't really hold much truck with this corporate governance malarkey. By remaining involved in the company the retiring directors also still qualify for entrepreneur's relief for CGT. I know it is easy to knock them for their old-fashioned views but at the same time I would like to acknowledge and thank them for their excellent custodianship of the family business and the returns they have generated for shareholders.

[cockerhoop] 01/5/2019 11:27

There was never a absolute target imo. It was as explained up the thread - 0.4% of the company for every 92.5p of TSR above £22.20.

Regards directors succession I imagine the retirements were all planned at the advent of the LTIP in 2016.

[redartbmud] 01/5/2019 10:37

O The so far,to give us the facts. All change at the top too. Have they fallen on their swords, for not reaching £35?

[cockerhoop] 01/5/2019 10:31

At the uncrossing price of £31 last night I think the directors gain approx 4.4% of the companies shares as part of the 2016 LTIP.

[redartbmud] 16/4/2019 11:33

Well, the quote is 3100 - 3280
They are gonna do it🤑

[cockerhoop] 15/4/2019 08:22

Red,

I've seen a Richard Beddard article suggesting £42.50 would be the maximum (ie 8% dilution) which roughly correlates to my figures although he doesn't appear to consider dividends in his TSR calculation.



This one though suggests £35




My reading suggests a TSR of 1850p above April 2016's £22.20 is required to get the full 8%. On that basis at the current share price we'll see about 4% dilution with it rising by 0.4% for every 92.5p rise in share price

[redartbmud] 14/4/2019 22:44

Hi dacian,

I have to confess that I took Beddard's figure of £35 as being accurate.
He did an in-depth report on it a while ago, (I cannot find the article that I read, otherwise, I would attach the link.) and I have no reason to suspect his published figures are inaccurate.
The precis of the scheme, as reported in the Annual Report & Accounts is very opaque, as to the precise numbers, and I thought it not worthwhile attempting to 'split the atom' all over again.
I did revisit my copy of the latest accounts and that conformed that 8 directors could receive up to 72,000 each.