Redde Northgate Share Discussion Threads

[tday] 28/2/2017 15:12

Sold two thirds of my holding this morning.

[capricious71] 28/2/2017 14:35

3.5% drop - tree shake? Or is that too optimistic?

[prokartace] 28/2/2017 14:14

Was about to buy this weakness then I looked at the chart. I am now nervous that we may trade sub 150p.Sorry I am not responsible for investor behaviour but I will only buy more around 140p now

[silverfern] 28/2/2017 13:04

woodcutter, you must factor no growth at all in your considerations. Note the message that they are looking to acquire. A business this strong with a history of acquisitions will not merely consolidate what they have.

[capricious71] 28/2/2017 11:35

I think the best shares are the ones you can imagine keeping for a long time. I hope to keep Redde for many years, reinvesting those dividends.

[bc4] 28/2/2017 11:05

Well just done the opposite nothing has changed here 10.5p divi looks on the cards for full year so topped up

[woodcutter] 28/2/2017 10:56

being doing some further analysis and decided on the basis of the drop in the last half hour to sell down, mainly on the rating and the eps growth, also a little uncommfortable about the overall sector outcomes with news this week.

woody

[bc4] 28/2/2017 10:54

Yes but where can you get 7% plus?, nowhere

[prokartace] 28/2/2017 10:51

Agreed Woodcutter. Rating is a little stretched and share price is helped by divi. If interest rates rise share price may lose up to 15% as investors will go to a safer haven for their income.
A SOLID HOLD

[woodcutter] 28/2/2017 09:45

It's a little concern that the gross margins are falling, notwithstanding on the plus side the revenue is growing at a faster rate than the adjusted admin expenses. will be interesting to see what, if any, impact this weeks insurance sector news has on margins going forward.

hopefully we'll see the COS come down when all the system upgrades are fully implemented and working

The impportant points are they have reduced debtor days and are generating plenty of cash. Reteined earnings remain steady as well. They're giving quite a lot back to us shareholders so can't complain.

i would expect consolidation around the current share price in the short term, possibly a rise into the divi xd and then a pull back.

woody

[prokartace] 28/2/2017 07:58

Steady as she goes. No surprises so I dont expect a large initial movement but over the next week the share should rise

[bc4] 28/2/2017 07:43

Very impressive typical REDDE when many companies divis are reducing or under threat Redde is storming ahead, growth and high yield does not get any better

[retailronnie] 28/2/2017 07:36

Looking great to me.

[jam2day] 28/2/2017 07:28

Very positive Interims should see a steady rise back to £2.00+

[fizzypop] 28/2/2017 07:27

Pretty impressive figures for H1 and positive outlook for H2.
As they say Controlled Expansion Fuels Another Strong Performance.

[donemyhomework2] 28/2/2017 07:18

Interims look very promising to me and 5p dividend next month!!!

[capricious71] 27/2/2017 10:06

I hope you're right.

[pistonbroke1] 27/2/2017 09:40

Chart is poised for another run up before a drop back so with a decent set of interim's and uplift in divi could see over £2.00 before any retrace.

[capricious71] 27/2/2017 09:35

I think the recent, welcome upturn in price is factoring in a positive but business as usual update.

I'm looking forward to another dip of about 160p so I can buy some more.

A very long term hold for me, I hope.

[fizzypop] 27/2/2017 09:26

Interims tomorrow.

[woodcutter] 23/2/2017 14:32

NAHL flying on the back of their comments on MoJ proposals for small claims

woody

[pistonbroke1] 23/2/2017 08:09

Only 3 trading days to results, surprised volume has been so low.

[prokartace] 15/2/2017 07:42

Got the first part right lol