Redde Northgate Share Discussion Threads

[prokartace] 05/9/2019 14:15

I'm sure woodford must be out. At the bottom! Plain sailing. Will buy more with divi money before ex divi

[master rsi] 05/9/2019 11:49

The resistance of 112p has been broken and moving ahead now
volume gone to over 50M

[master rsi] 05/9/2019 11:23

Some resistance at 112p, but looks good to go better once this is passed.
noticed a 45K buy "0" at full offer 112p a few minutes ago, otherwise, all are "AT"s

[sphere25] 05/9/2019 10:14

That's over 50 million now. He must be close to being cleared. Stock rallied over 120 in the past with him overhanging the stock.

[bc4] 05/9/2019 09:54

Well with a update like that they have a bargain let us see who has taken a large stake and for what reason

[bc4] 05/9/2019 09:43

Make that over 40 million traded!

[sphere25] 05/9/2019 09:36

Taken a long. There's just too much volume coming in to ignore now. Up to 41 million and counting

I think Woodford has found buyers in size to clear a significant (if not all....to be confirmed) amount of his holdings at 107 so that should provide a short term floor and if he has been cleared, the stock could rally strong.

[bc4] 05/9/2019 09:23

The value will always poke its nose through 34 mil traded 10% of the company!

[sphere25] 05/9/2019 09:10

Doesn't look a complete disaster in terms of results. It's just hard to go long when Woodford has a potential 61million shares to dump. Someone is selling in size by lumping large orders on the offer this morning - I'd be surprised if it wasn't him.

He is nearly completely out of NSF this week so plenty of selling still going on. He should just take the stock down to 100 or 95, wherever he can find buyers in size and dump the lot there - get it over and done with. It doesn't look like he is able to find buyers significantly higher considering the movements in the stock of late.

EDIT: a few 6m trades hitting the book now so definitely a seller in size here. Need alot more volume to clear him. About 35m so far so half way there - good going! Take a long position soon.

[prokartace] 05/9/2019 09:06

That will iron out with a couple of years growth and a flat dividend payout

[zangdook] 05/9/2019 08:37

net debt up from £8m to £34m

[pottsypotts] 05/9/2019 08:27

Good job they didn't give out bad results then! What does this company have to do to get a share price increase I wonder?

[dmdmdmdm1] 05/9/2019 08:14

Added here, perhaps too soon as share price dropped shortly after

[fozzie] 05/9/2019 08:11

Wouldn't it be lovely to pick some more up at anywhere near a pound. Divi locked in at least at 11.65p and the business performing well. Obvs off many peoples radar.

[owenski] 05/9/2019 07:47

However that's read, the business is still performing and on that plus the div yield, it's worth more than current m.cap. imo

[pottsypotts] 05/9/2019 07:44

Happy with the results and looking like a healthy divi

[fozzie] 05/9/2019 07:31

Looks good on a quick first read. Divi held and paid to shareholders on register Oct 3rd. Reads like divi to be held at least at 11.65p (in absolute terms) going forward.

[prokartace] 05/9/2019 07:29

Wow yielding 11%! This share is substantially undervalued now.SP should be 180p at least

[zangdook] 31/8/2019 12:04

not been declared yet. was 4 oct last year

[computercoders] 31/8/2019 11:50

Thanks Purple

[purplepelmets] 31/8/2019 10:58

twice a yr. nxt goes ex 4th oct

[computercoders] 31/8/2019 10:55

I don't think this one was quarterly divi actually sorry

[computercoders] 31/8/2019 10:50

Is this still quarterly divi and when's next ex divi date?