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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
  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 4201 to 4222 of 4350 messages
Chat Pages: 174  173  172  171  170  169  168  167  166  165  164  163  Older
DateSubjectAuthorDiscuss
03/12/2019
10:50
Why tie in with a heavily cyclical company as the cycle starts to turn down? NTG results were not very good. We're now being dragged down because of them. Reject the bid.
aleman
03/12/2019
09:48
I think the merger makes sense and I believe them when they say there are some synergies and economies of scale as well as cross selling opportunities. I'm also surprised that the combined market cap has reduced, but I'd be amazed if this merger does not go through.
blobby
03/12/2019
09:12
Unusual to see a coherent bull argument on these pages. I am simply doubtful because all Woodford's other investments cratered, a huge red flag given his lumpy bets on the likes of AA, PFG, KIER. REDD also has a very dodgy looking chart, if you are on the sidelines like me there is no reason to dive in.
ltcm1
02/12/2019
20:34
I think the market has overreacted here in a rather irrational way. I don't dispute that this is an uninspiring deal, but the combined market cap of REDD and NTG is now around 9% lower than it was before the announcement. Surely at the very least the market cap of the combined business should equal the market cap of the 2 separate businesses. If you think there are synergies then the market cap should be higher. While each of these businesses have their issues, I think this is reflected in their low ratings (both around 8x earnings after the recent falls). I'm probably the only one judging by the comments here, but I certainly won't be selling.
riverman77
02/12/2019
18:24
Roger Minerve knows what he is talking out so you had better listen up.
ltcm1
02/12/2019
16:11
Company with falling ROE and falling ROCE with growing capital employed and large debt merges with company failing to generate any movement on NAV over the last five years, increasing working capital and increasing payment days on a no cash/zero premium deal. Sell.
minerve 2
02/12/2019
15:41
Held since 2013. Sold with great sadness.
fizzypop
02/12/2019
15:24
Avril stood down as chair of Redde, and might now be using her influence to try to boost NTG, where she is a director (chair?) now? Surely the institutions holding Redde (what's left of their shareholdings) won't be turkeys voting for Christmas?
rogthepodge
02/12/2019
15:22
Could not agree more sold the lot on Friday at 113p
bc4
02/12/2019
15:00
Price currently -4% down at 106.6p Stock now trading below the Thursday close price, the day before the merger news. That's bearing in mind that the stock was already massively depressed by multiple overhangs. You don't have to listen to anyone on these forums of course, but even Mr Market is telling you how bad this deal is. It is an absolute TRAIN WRECK of a proposal - NTG is literally dragging down REDD as I type. I can't stress enough to folk just how much more likely the possibility of significant returns are with REDD as a standalone entity, well out of the midst of NTG. No position in here now, but I'd love to buy back REDD as the standalone recovery play that was beginning to bear fruit. Will common sense prevail? I don't trust institutional fund manglers. They could easily vote this one through - most of them really can't read markets at all well. Going to be a damn shame if it goes through. I guess I will live in hope and see how things transpire. Good luck folks! Luck, that's what it boils down to now.
sphere25
02/12/2019
14:17
Martin Ward, CEO of Redde for 14 years, will take over the new company Redde Northgate as CEO with the immediate departure of the previous CEO at Northgate Kevin Bradshaw. I rate Martin so will also monitor developments.
fizzypop
30/11/2019
10:17
I didn't realise Avril was NED at NTG, recent appointment, I rate her so will watch how this transpires.
owenski
29/11/2019
17:47
IC review NTG results and move from BUY to HOLD. Says it all really. Those results might normally be worth a 10% price drop. Hire revenue growth is expected to weaken but the key is that a more subdued outlook usually means weaker resale values, and resale is where vehicle hire companies make most of their money after massive discounts on fleet sales purchases (Buy new at 40% off list price and sell in 12 months at 30% off list price). NTG looks to be at the top of its cycle, though lower fleet purchasing enhances cashflow (more sold and fewer bought) which will tend to push their debt back down again. NTG cashflow should be strong as earnings fall. I don't see it as a good merger for REDD shareholders, though. NTG shareholders will put their share price fall down to the merger news, as probably will some media commentary, but I think it would have happened on those results with no merger news. NTG is past it best in this economic cycle. Vote no to this opportunistic bid to get REDD on temporary weakness caused by an overreaction to one contract loss that has been compounded subsequently by Woodford woes. Https://www.investorschronicle.co.uk/shares/2019/11/29/northgate-looks-to-merge-with-redde/
aleman
29/11/2019
17:30
What do you think? Glad it went up, that's 4 sure
alamaison5
29/11/2019
17:25
an opportunistic move by Avril? I wonder what Invesco thinks, and the substantial smaller institutional holders
rogthepodge
29/11/2019
17:09
So now in addition to Woodford and Invesco, we will have all the people who bought in for the AIM IHT exemption dumping their shares as NGT is main market. I shall certainly vote against. The share price collapse earlier this year from the 160-190 range to the 90-120 range was always going to correct itself in time - that is why the current dividend return is so high. If they want it to come down to 6.5% all they need to do is offer more like 0.5 NGT per REDD.
finkwot
29/11/2019
14:39
OK got it - thanks
jam2day
29/11/2019
14:34
jam It is based on the assumption you are buying Redde shares today. I hope that helps. :)
minerve 2
29/11/2019
14:33
So regardless of the share price divi is set at 6.5% ?
jam2day
29/11/2019
14:24
The dividend is effectively being rebased at c6.5%. That's it!
minerve 2
29/11/2019
14:20
% divi share price related an share price of 150 equates to a minor reduction in dividend to present.
jam2day
29/11/2019
12:20
Well it looks like the market is underwhelmed by this deal. NTG and REDD share price falling away. I agree pretty much with Owenski, nothing in this for REDD
martincc
Chat Pages: 174  173  172  171  170  169  168  167  166  165  164  163  Older
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