Rank Share Discussion Threads

[hamhamham1] 16/8/2024 10:30

Can't see that, there are better things to spend their profits on IMO.
If the company is doing well, that atmosphere eminates through to investors and will lift the share price more than any buy backs ever manage to do.

[blackhorse23] 16/8/2024 10:29

They probably engaged share buy back soon !! Group is making excellent profits

[hamhamham1] 16/8/2024 10:26

To be fair, there has been a share dilution of 19.9% of old issued amount when they did a raise of £50m (in 2021?), the raise price was 90p I think for those who took part.
So an 8p divi pre-raise would be a 6.5p ish divi today.
But the company is on an excellent footing and growing, so see no reason why it can't head back up to say 150p area pretty quickly (equiv to 180p in old money).
GLA.

[blackhorse23] 16/8/2024 08:32

Yes after 4 years. This is one stock pays dividends very well. Before COVID RANK has paid 8p per share dividends

[pooldar] 16/8/2024 07:33

Article in Investor Chronicle, Rank reinstates dividend after return to annual profit.

[gotnorolex] 16/8/2024 06:51

The after thought of divi reinstatement alone should be good for at least 2p this session!

[blackhorse23] 15/8/2024 10:25

100p plus is coming

[scepticalinvestor] 15/8/2024 10:21

It was the wrong board actually Am nicely up today, but thanks for your concern

[scepticalinvestor] 15/8/2024 08:35

Typo, I meant to say i went long yest so doing v well thank you

[hamhamham1] 15/8/2024 07:22

Not seen anything yet.
My initial target to get to over next couple of weeks is back to May 21st 2024 high of 96p.
Patience :)

[boonkoh] 15/8/2024 07:06

Any new broker notes out yet? Haven't seen any cme through but I don't have access to all brokers...

[hamhamham1] 15/8/2024 07:04

Gonna be a long opening auction :)

The longer we wait. The louder they scream!
(The shorts, that is)

[barnes4] 15/8/2024 06:40

Ffs horse shut up

[blackhorse23] 15/8/2024 06:39

100p plus with this result

[barnes4] 15/8/2024 06:33

What a horse

[blackhorse23] 15/8/2024 06:32

Excellent results !! 1st dividend after covid

[the white house] 15/8/2024 06:28

Decent numbersThe current post cut off data for 6 weeks is v encouraging up 10pc demonstrating continued momentum. Divvi is a clear indicator of confidence. Given the delayed gambling Act will come in at some point, this autumn?, both the significant increase in machines and sportsbook in casinos will affect here positively more than all others there is only one way this is running for the next year

[gotnorolex] 15/8/2024 06:10

Excellent results as predicted and here's the icing!
The Board is recommending a final dividend of 0.85p per share.

[hamhamham1] 15/8/2024 06:05

300k shares short opened yesterday by someone. Doh!

This will be back to quid before you know it IMO.

Could be top of the boards today for share price risers?