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
  5.60 4.27% 136.80 134.40 135.40 137.60 127.40 132.00 320,433 16:35:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 589.7 41.7 11.3 12.1 420

Redde Northgate Share Discussion Threads

Showing 4176 to 4196 of 4350 messages
Chat Pages: 174  173  172  171  170  169  168  167  166  165  164  163  Older
DateSubjectAuthorDiscuss
29/11/2019
12:11
NTG down to 325p so bid worth 119p plus a dividend or not. Only 7p difference now..
aleman
29/11/2019
11:54
Frankly, REDD seemed to be doing ok as they were, I wouldn't be buying NTG, why are REDD. Maybe they can synergise and make it good, but that is still some debt pile hanging over it, I'll leave this one to cleverer people to work out. ;-)
owenski
29/11/2019
11:51
Might be good in that it makes for better fleet pool utilisation. But, that NTG debt pile relative to it's earnings makes it a dog. Are REDD marrying a dog. I bought on the back of Woodford's disaster at these distressed levels, wasn't expecting massive capital appreciation, but bought for the relative high yield at such levels, thus it was purely an income play. I don't know whether such payouts can now be sustained or not and as the model has changed unexpectedly, I've sold. NAI
owenski
29/11/2019
11:48
fizzypop - we get 0.3669 NTG shares for each REDD plus a dividend if they do it slowly but not if they do it quickly. It's madness. We're offered two prices. Which will we get? Plus there's whatever variation we get in NTG's share price - which is falling. Seems badly thought out - idiotic even.
aleman
29/11/2019
11:44
I'm inclined to vote against for what it's worth. There's no premium and no advantage gained that I can see. But why do our directors want to give up so easily?
aleman
29/11/2019
11:43
Aleman Not sure how you calculated the bid value. Could you explain. Thanks
fizzypop
29/11/2019
11:36
It all seems a bit 'hurried'.
skinny
29/11/2019
11:31
I agree with a lot of what Sphere25 is saying in his post. I think Redde are undervalued and have the potential to recover in the medium term from the depressive 'Woodford effect'. Unfortunately, a significant % of my holding were bought at a higher price than the current price - but I was happy to keep holding, confident that the price would recover and meanwhile bank the dividends. This "merger" (looks like more of a takeover to me) locks in the losses and ends up with something that to my eyes looks less appealing. Overall, I'm not particularly happy with this news. Maybe the board are aware of some potential issues in the future that I'm not seeing. Will hold, wait and see what happens for now.... Cheers, PJ
pj fozzie
29/11/2019
11:28
-- if the Effective Date has not occurred before 6 March 2020, being the record date for any Redde dividend that may be declared for the six month period to 31 December 2019, Redde Shareholders will be entitled to retain such dividend provided it is equal to or less than 5.5 pence per Redde Share (the "Permitted Redde Dividend"). This is odd. If they can do the deal quickly - we get less money! Never seen this before.
aleman
29/11/2019
11:25
Whether the deal goes through or not, Redde shares are seriously under valued IMV so holding tight here.
riverman77
29/11/2019
11:22
NTG down to 330p so bid value 121p yet REDD shares only 112p. Market is suggesting this will not go through? Or is an ex-dividend in March being discounted, i.e. 0.3669 NTG shares still get received PLUS the dividend?
aleman
29/11/2019
11:01
They're looking at moving to 2x covered dividend so I'd estimate around a 5.5% to 6% yield at current share price.
riverman77
29/11/2019
10:56
Stuck with these mainly because of the excellent divi they pay. Anyone any idea how this merger is likely to affect that?
largeronald
29/11/2019
10:13
Sold out here
trickyricky
29/11/2019
10:09
Seems Redde shareholders got the better of this arrangement, not strange they had lots of buys recently on the run up to the announcement-I wonder when/what constitutes insider dealing?
new life
29/11/2019
09:35
Very disappointing. NTG has been a serial disappointer and highly mismanaged, leading to shareholder value destruction.Crystal Amber have been trying to enforce change their for a while. Some recent comments here:"In March 2019, for only the second time in its eleven-year history, the Fund judged it necessary to requisition a shareholder general meeting to effect change at the board of an investee company. This followed extensive attempts to engage with Northgate's executive and non-executive directors since the Fund's investment in April 2016. In response to the meeting requisition, Northgate announced the resignation of its chairman, Andrew Page, with immediate effect."Perhaps the future can be brighter but there is a lot of caution in that NTG report today too and they could be setting up for a warning IMO.I had hoped for a standalone recovery at Redde with the the expectation of the stock moving significantly higher from these depressed levels (due to well publicised sellers), not a shoddy merger with an outfit with poor form.Perhaps the directors weren't confident in the recovery then? I still feel we've been shafted here, but still managed to make gains here with numerous trades highlighted here down around 105 recently (posted the other day) as well as posts highlighting buys around £1 too.Ultimately, not happy so realising gains on all the recent positions at much lower levels than I thought.Perhaps it won't go through so will watch from the sidelines. Let's see how it goes
sphere25
29/11/2019
09:12
bc4 Indeed and a nice consolidation at 115p for the same price... Shame I sold half of my holding yesterday.
alamaison5
29/11/2019
09:11
Still 10p short of the merger price. Market seems sceptical.
aleman
29/11/2019
08:16
Will this flush out anybody else?
bc4
29/11/2019
08:03
Well the NTG share price hasn't reacted well so far, it's also there interim results this morning
trickyricky
29/11/2019
07:45
At current share price it values Reddes shares at around 128p.
gary1966
Chat Pages: 174  173  172  171  170  169  168  167  166  165  164  163  Older
ADVFN Advertorial
Your Recent History
LSE
REDD
Redde Nort..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20200404 03:17:09