Redde Northgate Share Discussion Threads

[fozzie] 26/4/2018 09:09

I thought RB buying may have given us the impetus we so obvs need to get through the magical 180 here but it seems not. Hey ho a great income stock.

[capricious71] 26/4/2018 08:57

By the way, Robbie Burns has bought some REDD.

[bc4] 26/4/2018 07:38

Looks like it will be a record year for profits and divi

[skinny] 26/4/2018 07:29

The Board of Redde (‘Group') is pleased to confirm that the strong outlook reported in the interim results announcement on 1 March can be reconfirmed, with the increased underlying trading volumes recorded in the first half year being sustained throughout the third quarter. Indications are that this trend is being maintained during April and the Board remains confident about the Group’s prospects for the financial year as a whole.

[bc4] 25/4/2018 17:09

Could be tomoz

[capricious71] 25/4/2018 12:38

Is there a trading update due?

[bc4] 11/4/2018 12:56

BCA Marketplace Avrils other baby just announced a trading ahead of statement today so all bodes well

[silverfern] 11/4/2018 08:06

I would suggest it's an ill beast from the east and rainy day that brings no good. Redde has surely enjoyed really strong business in the last three months. I am topping up ahead of the update

[bc4] 04/4/2018 14:17

There will be a trading update in just over 3 weeks hopefully more good news

[fizzypop] 29/3/2018 08:38

Divi payday today

[bc4] 08/3/2018 10:43

Yes so in effect we are up over 4p has it broke the sell after Divi mode?

[fizzypop] 08/3/2018 08:02

Now ex-div. Pay day 29 March.

[capricious71] 06/3/2018 17:27

Explains the nice rise today.

[silverfern] 06/3/2018 13:35

x-div THUrsday

[owenski] 03/3/2018 11:38

Would've thought the next trading update will be good based on accident volumes over the last few days.

Insurers reporting increased 77m costs of vehicle incidents over this last week.

[bc4] 02/3/2018 18:16

REDDE UP 2.9% on a big down day very encouraging

[capricious71] 01/3/2018 14:42

Dividend payable on Thursday 29 March 2018 to those shareholders on the register on Friday 09 March 2018 (2016: 5.00 pence). The ex-dividend date is Thursday 08 March 2018.

[jam2day] 01/3/2018 09:14

building up the slush fund nicely
Interim dividend 5.50 pence (2016: 5.00 pence) - Increase of 10.0%

[bc4] 01/3/2018 08:56

So what you are saying is these figs are the ice-ing on the cake

[bc4] 01/3/2018 07:39

Redde PLC

01 March 2018

-- News Release --

Redde plc
("Redde" or "Group")
Issue Date: 1 March 2018

Interim Results for the six months ended 31 December 2017

Double Digit Growth

Financial headlines
-- Turnover GBP253.3m (2016: GBP227.1m) - Increase of 11.5%
-- Adjusted* EBIT of GBP22.0m (2016: GBP19.8m) - Increase of 11.2%
-- Adjusted* profit before tax of GBP21.9m (2016: GBP19.7m) - Increase of 11.2%
-- Statutory profit before tax of GBP19.9m (2016: GBP17.5m) - Increase of 13.6
Net operating cash flow/EBITDA 47% (2016: 89%) - ahead of management expectations following new contract
-- Debtor days 97 days (2016: 90 days)

-- Total cash balances GBP24.4m (2016: GBP33.6m) - after funding share buybacks and new contract
-- Fleet and lease debt GBP46.9m (2016: GBP47.1m)
-- Net debt of GBP22.5m (2016: GBP13.5m)
-- Adjusted* basic EPS 6.12 pence (2016: 5.24 pence) - Increase of 16.8%
-- Statutory basic EPS 5.65 pence (2016: 4.58 pence) - Increase of 23.4%
-- Interim dividend 5.50 pence (2016: 5.00 pence) - Increase of 10.0%
Another good set of results with growth and increasing divi

[bc4] 27/2/2018 08:00

This weather will not do REDDE any harm

[silverfern] 26/2/2018 12:27

Results this Thursday.