Redde Northgate Share Discussion Threads

[bc4] 03/10/2019 10:52

Ex divi always Thursday for nearly all shares in uk

[zangdook] 03/10/2019 10:50

It's worse than xd. Perhaps it'll recover by teatime. A bit cheap now.

[fenners66] 03/10/2019 10:38

How can you get the xd day so wrong jam2day ?

[toffeeman] 03/10/2019 09:34

My diary says today is Oct 3rd!

[sailing john] 03/10/2019 09:27

No XD today. From Results "The shares will become ex-dividend on Thursday 3 October 2019."

[jam2day] 03/10/2019 09:11

No ! ex div date 4th close of business Ex div effect on Monday

[owenski] 03/10/2019 08:27

XD price dip.

[aleman] 01/10/2019 09:28

I've never seen a share ignore its 200-day average so much.

[ltcm1] 01/10/2019 08:56

It's a very dangerous chart here though. Sorry but with Invesco and Woodford holding so much stock here the chance of a downside shock is really high.

[sailing john] 30/9/2019 12:36

ltcm - If you want a head and shoulders pattern - look at July/August and where price went in September!!! Perhaps twins are needed!!!!!!

[ltcm1] 30/9/2019 10:41

Head 'n Shoulders alert!!! Soon as it breaks the right shoulder line it's going to be crash city here. 80p target cumming up!!!

[rogthepodge] 19/9/2019 12:18

luveley jubbly

[someuwin] 19/9/2019 11:58

No target price. But another snippet... "Cash flow: We forecast a significant improvement in FCF at Redde over the next three years. We currently see the group returning to a net cash position in 2022E as working capital unwinds, and the greater investment in the fleet of 2019 decreases. It is worth noting that if we take the past 4 years, and the next 3 forecast years, the group will have generated just under £230m of FCF, or around 60% of its current market cap (an average yield of over 8%). Dividend cover is improving, and we believe that if the market is not willing to appreciate the double-digit dividend yield, the company should look to use its strengthening cash flow for further in-fill acquisitions (especially considering the success of the legal-operations deals), and/or look to buy back stock at these levels – which would be highly accretive."

[rogthepodge] 19/9/2019 10:13

Does Cenkos have a price target?

[someuwin] 19/9/2019 09:49

Cenkos 22 page note out on Redde today with BUY reccomendation... Redde Plc Cash flow improvement creates opportunity Redde’s full-year statement in September has given significant reassurance to the market, and helped the stock regain upward momentum. Earnings-based valuations and the yield remain attractive, while there is clear potential for improved cash flow to fuel further bolt-on acquisitions in what has been a consolidating sector over recent years...

[skinny] 18/9/2019 15:16

Redde’s annual general meeting will take place at 10.00 a.m. on Wednesday 30 October 2019 at the offices of Bryan Cave Leighton Paisner LLP, Adelaide House, London Bridge, London, EC4R 9HA.

[rogthepodge] 17/9/2019 23:14

Whatever trading is going on, it doesn't alter the fundamental value in this company.Proper price will re-emerge.

[ted1066] 17/9/2019 20:05

Thanks Skinny

[skinny] 17/9/2019 15:28

Société; Générale SA (SG SA) 7.01% ---> 6.99%.

[knigel] 17/9/2019 06:45

What would we do without scanners :-)

[skinny] 17/9/2019 06:32

Ted - its the info in the circles that you should be looking at :-

[bc4] 16/9/2019 22:26

That is the amount in issue

[ted1066] 16/9/2019 20:07

Can anyone explain why the last 4 holdings statements amount to the same figure = 306,706,045 ???