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Share Name Share Symbol Market Type Share ISIN Share Description
Redde Northgate Plc LSE:REDD London Ordinary Share GB00B41H7391 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.50 -0.6% 250.00 249.00 250.00 251.50 249.00 251.00 267,742 16:35:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 779.3 59.0 30.8 8.1 767

Redde Northgate Share Discussion Threads

Showing 3926 to 3950 of 4475 messages
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DateSubjectAuthorDiscuss
12/9/2019
15:58
Back to 120p! I wonder where the muppet is ?
bc4
12/9/2019
15:56
120p +5.20p A very good bounce today after the last couple days of retracement There was some demand for the stock on the order book after 10am to the end of the day with UT at 120p with 35K, that was the lot place at this higher price on the order book and all was given. Noticed the "AT"s after the close almost the same amount as the UT. The volume today was about double 851K of the last couple days of 436K, 360K and 408K
master rsi
09/9/2019
19:08
Found this in the Law society gazette Listed PI firm owner flexes muscle before small claims assault listed owner of personal injury firms will go into next year’s reforms on the back of impressive financial results. Redde plc, which owns south west firm NewLaw and alternative business structure Your Law, yesterday reported pre-tax profits up by 7% to £49m in the year ending 30 June. Revenue was up 12% to £590m. Although regarded as a market leader in accident management, the group has moved gradually into legal services in recent years, culminating in the launch of Your Law last year alongside National Accident Helpline. The accounts show profits from the legal services arm more than doubling from £2.2m to £5.3m in the year. Redde reported to the London Stock Exchange that its latest legal business has showed ‘encouraging progress’ and continued to build its caseload and levels of settlement. This has resulted in a greater proportion of cases from outside the RTA claims sector, which is affected by the Civil Liability Act reforms coming into force next April. While the business has diversified, Redde confirmed it is investing in IT systems to provide a customer portal that will integrate with the system being created by the Ministry of Justice. This investment is intended to ‘provide efficiencies to deal with low-value claims after the reforms take effect’. Redde also confirmed that during the year it completed the consolidation of all NewLaw operations into its Cardiff building. That process ended up costing the company £900,000. The company is paying shareholders an unchanged dividend of 11.65p this year. Shares rose almost 5% following the announcement, opening at 114p today Looks like the legal business is going great guns
bc4
09/9/2019
15:43
UT at 119.40p with 18K, recovery at the end
master rsi
09/9/2019
12:38
Steady progress on the share price after the Marked down at Opening with UT at 115.20p, order book act funny sometimes, and this was the case today, currently at 119.40p
master rsi
06/9/2019
15:44
A reasonable UT @ 120.20p for 11.788 shares, better than the spread at close and very neear to the high of the day.
master rsi
06/9/2019
12:40
Spiking UP after crossing 116p and going all the way to 121.20p
master rsi
06/9/2019
11:58
+8% today after yesterdays rally. Starting to push on this like NSF with both stocks being the most recent beneficiaries of Woodford overhangs getting cleared. RNS out: Market popped abit on Griffith continuing stake building (4.68% to 7.67% on 12/06/2019 and 7.67% to 9.81% on 05/09/2019) - he is shrewd. He is clearly one of the buyers of Woodford's stock. We'll get more holding RNS in future to paint a clearer picture of the recent whopping transactions. Stock is starting to push higher on less volume now. Alot of the sellers were cleared yesterday, allowing the stock to push on now. The market liked the results and the change of tact in being firmer on the collections front. There is no way buyers come in to the tune of 50m + volume straight away after the report if they didn't see value. I was watching this and just waiting to buy. It was just Woodford acting as a drag. Hard to fight selling pressure when someone has 20% of a company to offload. There is enough in that report to suggest forecasts will be hit, so unlike the majority of stocks where I am bearish (Far too cyclical, politics, growth contracting and so on), this is one of the few where I suspect market confidence could return with the unwinding of working capital, profit and cash being generated to fund the dividend and a continuation of growth. It's all about confidence. EDIT: Invesco have reduced by a few percent too from 29.04% to 26.28%. Are they going to overhang the stock now? Jeez, ya try and clear one 20%+ fund mangler and another one comes along! (Booked a quick 10% on some of the shorter term positions on that just in case the party gets spoiled short term - lovely rise though!) Come on Woodford, what have you done. Out with it.
sphere25
06/9/2019
11:52
Richard Griffiths managed yesterday to increased his stake to 9.81% from 7,67%, most likely he was happy with the results and more yet with the dividend .... Name Richard Griffiths and controlled undertakings 5. Date on which the threshold was crossed or 5 September 2019 reacheed of 8. A) (total of 8.B 1 + 8.B 2) Resulting 4.49% 5.32% 9.81% 306,706,045 Position of previous notification 3.43% 4.24% 7.67%
master rsi
06/9/2019
11:10
Grant of options with EPS target of 15.46 by 2022. Might drag the share price up if achieved.
rik shaw
06/9/2019
09:31
From the "UPS" thread .......... REED 114.30p +2p Redde alert - By Alex Newman - 5 September 2019 - Investors Chronicle On the surface, there is much to suggest Redde (REDD) is trading well. Though margins fell in the year to June, the vehicle replacement specialist saw a 9.4 per cent rise in credit hire cases, a decent utilisation rate for its expanding fleet, and increased demand. Look beneath the bonnet, however, and gremlins that contributed to the sell-off in the group’s shares earlier this year are still there. For one, the working capital strain has worsened, as debtor days climbed to 116, up from an average of 109 in the first half of the year and just 91 in the year to June 2017. And while current assets rose from 112 to 116 per cent of current liabilities, trade and other receivables continued to climb, from £181m the prior year to £220m at the end of June. Given the group often already discounts claims in return for a supposedly more efficient and faster settlement process, it should be of little surprise that management is now taking a firmer line with insurers who take the discount and then defer payments at their leisure. “If the group has to sacrifice some debtor days to preserve value, then it will do so,” is Redde’s new position. The decision of one insurer to return to its protocols after life on the outside has, apparently, only added to that conviction. Consensus forecasts are for earnings of 13.5p per share for the 12 months to June 2020. REDDE (REDD) ORD PRICE: 112p MARKET VALUE: £ 342m TOUCH: 111.2-112p 12-MONTH HIGH: 200p LOW: 82.3p DIVIDEND YIELD: 10.4% PE RATIO: 10 NET ASSET VALUE: 52.5p* NET DEBT: 22% Year to 30 Jun Turnover (£m) Pre-tax profit (£m) Earnings per share (p) Dividend per share (p) 2015 249 24.3 9.0 8.3 2016 379 31.3 8.7 9.7 2017 472 31.8 8.9 10.6 2018 527 38.8 11.4 11.65 2019 590 41.7 11.3 11.65 % change +12 +7 -1 - Ex-div: 03 Oct Payment: 07 Nov *Includes intangible assets of £99.2m, or 32.3p a share. IC View The return of a large insurer newly convinced of the cost-effectiveness of Redde’s claims protocols is an important development. These high-yielding shares look cheap, and tempted investors should now watch for signs that the strain on cash flows is abating. Hold.
master rsi
05/9/2019
15:10
Small "AT" trades are taking over the share price over 114p after doing zig-zag around 113p for some time
master rsi
05/9/2019
14:16
Broken from the downtrend
master rsi
05/9/2019
13:15
I'm sure woodford must be out. At the bottom! Plain sailing. Will buy more with divi money before ex divi
prokartace
05/9/2019
10:49
The resistance of 112p has been broken and moving ahead now volume gone to over 50M
master rsi
05/9/2019
10:23
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
master rsi
05/9/2019
09:14
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.
sphere25
05/9/2019
08:54
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
08:43
Make that over 40 million traded!
bc4
05/9/2019
08:36
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.
sphere25
05/9/2019
08:23
The value will always poke its nose through 34 mil traded 10% of the company!
bc4
05/9/2019
08:10
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.
sphere25
05/9/2019
08:06
That will iron out with a couple of years growth and a flat dividend payout
prokartace
05/9/2019
07:37
net debt up from £8m to £34m
zangdook
05/9/2019
07:27
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?
pottsypotts
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