Redde Northgate Share Discussion Threads

[paulypilot] 10/5/2016 00:48

Unsurprising to see you lot here.

I merely flagged up the risk of a change in the law to my blog readers. So they can do their own research. They are intelligent, so they like titbits like that.

PP.

[retailronnie] 09/5/2016 22:48

I agree Nicky, very dangerous.

[bc4] 09/5/2016 18:57

Someone told me, who? I do not know ANY details, why mention it then?. Typical Paul Scott about REDDE!

[pistonbroke1] 09/5/2016 14:19

This being the same Paul Scott thats had a downer on REDDE ever since he sold.

[fizzypop] 09/5/2016 13:39

A mention in Paul Scott's report today:

Someone told me that apparently there's a new legal framework for the insurance sector being created by the Govt. I don't know any details, but have been told that this could undermine some companies in that area. This could perhaps explain the softness in the share price of Redde (LON:REDD) recently, despite its regular excellent trading updates? - See more at: hxxp://www.stockopedia.com/content/small-cap-value-report-9-may-2016-grg-bhs-130568/#sthash.vlANZQgL.dpuf

[capricious71] 09/5/2016 12:00

Thanks fizzypop, that's a good article from III.

[sogoesit] 07/5/2016 10:23

Bought into this on weakness this week for the yield.
Good luck.

[bc4] 07/5/2016 09:56

Cheers for that FIZZY I notice this years profit forecast to be £30.9 million and £33.4 for 2017 these look very conservative to me

[fizzypop] 07/5/2016 09:14

odsjp Interactive Investor article may be accessed here:

[fizzypop] 07/5/2016 09:06

L31 Oh, cambre is french for arch so you meant the REDD chart appears as a sequence of descending arches which makes sense. It was the french word that puzzled me as I only knew it as a type of position or movement in ballet. Of course our roads have a negative camber to aid drainage.
As a writer I still aim to learn ten new words every day hence my interest.
GL

[leeson31] 07/5/2016 08:11

Fizzy: cambre, sorry...

[odsjp] 06/5/2016 22:54

iii has an interesting article on Redde
[...]

[sphere25] 06/5/2016 15:02

Good trading stock this, moves around alot.

Stock is finding its range between 150 and 160.

That means:

Go long on a break of 160 and short on a break of 150.

Make trading simple and you can make money.

KAPOW!

[napoleon 14th] 05/5/2016 08:04

Plus...... look at the rest of the market.

[fizzypop] 05/5/2016 08:01

L31 ... cabre is not a word I am familiar with?

[leeson31] 04/5/2016 22:25

....imo, lower lows, lower highs..... If share price can get above ~180p then min down trend cycle broken.... But if sellers come in at ~175p then i think a new lower low...

Great co. great yield even, but chart does look like have/having rolled over by way of lower highs.....

I do think yield buyers would come in at ~130p area, if it were to continue the lower lows cycle.......

Then theres next years expected growth, that surely would bring buyers at lower prices....

Nothing to worry about imo, but does look on a negative cabre at present.

Cheers

[capricious71] 04/5/2016 22:16

I agree with pistonbroke1 as well. The price did get over-heated. The dividends may buy some cheap shares over the next year. The P/E is back at a sensible level.

It's a great company with excellent management.

I pray we leave the EU but won't be selling Redde, either way.

[my5harebox] 04/5/2016 17:27

Id rather be in here for income at these levels than some of the main market builders. As you say Pistonbroke1 I see these as an excellent "safe harbour" away from the Brexit storm.

[napoleon 14th] 04/5/2016 13:42

Yep, piston not so broke after all!

Been in since Helphire pre-rights while Evil was shorting it,
but I don't like 25% pullbacks anyway...
although obviously patience pays.

[rackers1] 04/5/2016 13:25

well don't listen to liquid kid if you want a reasoned argument. hes full of bs and despises woodford .

[bc4] 04/5/2016 13:24

My point is there is a lot of misinformation being posted on here by people who no very little about REDDE by the way not you Piston

[skip10] 04/5/2016 12:51

That sounds a very sensible comment to me, piston

[pistonbroke1] 04/5/2016 12:43

At the end of the day this is a UK company trading solely within the borders of the UK. It isn't at the perils of Brexit, Trump/Clinton mania, the price of gold, oil or any other commodity for that matter.
The truth is the share price got a little over heated when it went above £2, the PE was over 20 and it was over bought, a pull back was bound to happen. That said this company continues to make astute acquisitions which together with a good management team are producing increased profits and dividends year on year. I fully expect the year end results to show continued strength which will in turn increase the share price without the PE getting overheated.
Buy on the dips then sit back relax and collect your divis, the share price will do just fine over time!