Redde Northgate Share Discussion Threads

[kunningken] 07/6/2019 16:49

ok. Thanks

[bc4] 07/6/2019 16:46

Kunn they have had it ok it was brief but here it is

Redde plc
Issue Date: 1 May 2019
Martin Ward said, "Avril was very instrumental in reshaping the Group's
business and has been a very supportive Chairman over the last 8 years. I
admire her determination at getting things done and have valued the time we
have shared together. I am sure this decision was made with a heavy heart and I
and the board wish Avril all the best with her future plans. I am also
confident that, given recent trading performance, the Group remains on track to
meet current market expecations for this financial year

[bc4] 07/6/2019 16:40

Porsche1945 2 questions,1st do you know they wiped shareholders out and 2nd do you know the business is declining ?

[kunningken] 07/6/2019 16:34

Is nobody else worried about the very late publication of a trading update. April last year. Bad numbers always take longer to add up, or so they say.

[owenski] 07/6/2019 16:24

Business seems decent enough, but future clarity over figures post contract loss would be re-assuring plus what traction they've made in securing new business, a concern remains over why Avril left also.

I like REDD but not tempted to buy atm

[porsche1945] 07/6/2019 14:30

Why would anyone take them over, they have a declining business model and have wiped out their shareholders before in the last recession and that is where brexit UK is heading again at some speed.

[skinny] 07/6/2019 12:35

Unless there has been a later RNS :- .

[elcapital2018] 07/6/2019 12:24

Are you sure invesco hold 29% numb nuts? You said they hold 29% of PURP yesterday!

[rogthepodge] 07/6/2019 12:23

If this goes any lower, there will be a takeover bid. Invesco also holds around 29% Profitable, predictable business. Obvious add on for an insurer.

[ltcm1] 07/6/2019 11:09

Remember how Rog's favourite shout was how Woodford was so successful and TW had been fired as a fund manager???

Well it's starting to even up a bit now!!!

[ltcm1] 07/6/2019 11:07

Did we not say sell at 120??? We did try to help.

Really bad chart here, what's to stop it going a LOT lower???

[elcapital2018] 07/6/2019 10:04

Is it Woodford or is it kiss of death nicky numb nuts? He did the same to PURP lol

[fozzie] 07/6/2019 10:02

I agree but i would think looking through his holdings that he has plenty of dross he can sell before looking to liquidate a position here. Great business, share price will recover, Ward said on May 1st that on track to meet expectations and then there's the divi.

[pistonbroke1] 07/6/2019 09:56

Problem is if Woodford has to liquefy assets and starts selling in quantity this is going to take a big hit. Time to buy would be when hes finished if it happens.

[fozzie] 07/6/2019 09:49

Good job we are investors and not traders. Good business which will recover. If you didn't sell on the lost contract you probably have on this news. Imo it is too late to sell now. This is a good business and it will recover, Mr Woodford may not.

[pistonbroke1] 07/6/2019 09:44

Well this is a right mess now, lost contract follewed by resignations and then the Woodford effect. Confidence lost for now!

[ltcm1] 04/6/2019 10:44

Citywire saying all Woodford's big holdings blighted until he sells out.

hxxps://citywire.co.uk/funds-insider/news/there-are-many-casualties-of-neil-woodford-s-downfall/a1235202

The point is both good and bad holdings will get smashed if Woodford is finished, as seems likely as I write.

[fozzie] 04/6/2019 10:35

All just noise imo. Ward said on May 1st 'I am also
confident that, given recent trading performance, the Group remains on track to
meet current market expectations for this financial year' Woodford will survive this and a year down the line we will wonder what all the fuss was about. It will come again, its a resilient business.

[skinny] 04/6/2019 09:58

Minimal volume.


free stock charts from uk.advfn.com

[dmdmdmdm1] 04/6/2019 09:50

Is this people selling for fear of Woodford selling very soon, or Woodford selling already?

[bc4] 04/6/2019 08:18

Woodford effect here and all his stocks today

[ltcm1] 28/5/2019 09:55

It could well bounce off a point around here, you would think there will be support at 104 etc.

GLA especially Rog!

[bc4] 26/5/2019 20:43

Probably not but in these markets and uncertainty there are many shares getting the cold shoulder making it very easy for the short sellers also Avril jumping ship does not help.