Redde Northgate Share Discussion Threads

[donemyhomework2] 19/12/2017 12:21

But we seem to experience higher highs so may be 190 this time.

[pistonbroke1] 19/12/2017 10:26

I'd expect it to go back to 180 now, as it's done before.

The question is will it then go back down as it always seems to. The chart is like a roller coaster at Alton towers!

[ruethewhirl] 18/12/2017 23:39

Yeah it's a money fountain, a great hold, and a great trading stock if that's your thing.

[capricious71] 18/12/2017 10:16

I'd expect it to go back to 180 now, as it's done before.

[fizzypop] 18/12/2017 08:16

A forecast 10% increase in the interim divi for March would give 5.5p dps (was 11.1% last year).

[w1ndjammer] 18/12/2017 08:00

all looking good a great stock to hold.

WJ.

[bc4] 18/12/2017 07:24

Also will mean an increase in the Divi

[donemyhomework2] 18/12/2017 07:18

That is what we wanted to hear.

[bc4] 18/12/2017 07:14

More good news

[fizzypop] 18/12/2017 07:13

Monday 18 December 2017

Redde plc ('Redde' or 'Group')

Trading Update - Continued Growth in the First Half

Current Trading

The Redde Board is pleased to announce that the Group's positive start to the
year that we referred to in our full year results announcement on 7 September
and AGM statement on 25 October 2017 has continued through into December.

Sales continue to show an increase over the corresponding period last year
reflecting continued growth in trading volumes and as a consequence, trading
profits are ahead of the corresponding period last year.

Results for the 6 months to 31 December 2017

The Board expects to announce the results for the 6 months to 31 December 2017
on Thursday 1 March 2018.

[bc4] 15/12/2017 16:38

166.75p another strong finish

[sphere25] 15/12/2017 09:37

Spoke to investor relations and trading update confirmed as being early next week.

There was alot of buying coming in yesterday ahead of that update so clearly the market is confident. Unsure how confident, but it would be nice to get a beat, although an in line statement should be sufficient to help the stock higher as it likely means another year of continued growth and another nice dividend in the bag.

Broke out on strong volume yesterday with some large buys mopping up what was persistent sellers at 160. Abit of volume today should really see the stock push on higher.

There's an indices re-jig today too, so I think we might get some added demand coming in this afternoon with a larger than normal closing auction.

Been adding to my position on that break of 160.

[donemyhomework2] 14/12/2017 16:41

Yeap. 163p and 1.3m shares traded. Looking good.

[donemyhomework2] 14/12/2017 16:21

Looking good!!!

[bc4] 14/12/2017 15:13

Let us hope today breaks it

[donemyhomework2] 13/12/2017 16:02

The 160p proves to be a real resistance point. Tradimg update any day now.

[bc4] 12/12/2017 17:12

Close above 160p could bode well maybe trading update tomoz or Thursday

[toffeeman] 08/12/2017 08:28

I should have sold the BOO I bought at 47 when they were 250 - but more fool me - I didn't - same argument.

[bc4] 07/12/2017 17:28

So what up 250% since February 2017 that is an unbelievable return in less than 10 months so how con you call that? Here is a question do you wish you had bought them at 100p. I wish I had

[toffeeman] 07/12/2017 17:10

Bc4 and down 33% in the last 5 months!

[owenski] 07/12/2017 16:39

Surprised this is still below 160, what with the div and outlook statements.

Decent business here with a bit more in the tank yet.

May turn out to be Woodford's only decent punt.

[bc4] 07/12/2017 16:28

Purple bricks! They are up from 100p to over 344p in less than a year

[toffeeman] 07/12/2017 16:01

Some would say the same about Allied Minds and Purple Bricks!

[bc4] 07/12/2017 14:17

Well he knows this company inside out

[toffeeman] 07/12/2017 14:14

Not sure this is a good sign given Woody's recent disasters:)