Redde Northgate Share Discussion Threads

[my5harebox] 26/5/2016 14:12

Thought this game had finished and didnt expect it drop back down again. Still nice time for a top up.

[pistonbroke1] 23/5/2016 18:17

Yep it would be good if this little run could break above 179 to reverse the trend. Lets see what the rest of the week brings!

[petersinthemarket] 23/5/2016 17:46

It would be great if the rise actually held this time, but I have my doubts. We have a series of lower highs and lower lows behind us. Every time it has gone up there in the last few months it simply arrived in the over-bought zone and came right back down again. There must be a good few who are consistently trading this rise and fall. GL all holders, pete

[fizzypop] 23/5/2016 16:56

A few more day's rises like today and the 50dma should cross the 200dma and 200p should be in sight. But profit taking may dent the climb. Most stocks made headway today not just REDD.

[skinny] 23/5/2016 16:34

Back above the 200 SMA.

[bc4] 23/5/2016 16:33

Well it does look like things are picking up here

[fizzypop] 19/5/2016 10:22

PIs putting their head above the parapet, looking strong this morning with increasing momentum.

[bc4] 18/5/2016 17:43

Why do people say institutions are selling when there is no RNS to back it up!

[fizzypop] 18/5/2016 16:56

LSE close 165.5p - not so sure about the breakout but now we're the right side of 165p. Fingers crossed.

[gleach23] 17/5/2016 23:48

Nicky Name - is it any wonder they follow you? Why even acknowledge them?

fizzypop - hope you're right. Chart certainly needs a break upwards.

[fizzypop] 17/5/2016 21:20

A nice uptick to 164p to close. Wishful thinking perhaps but this looks like a possible breakout above 165p is imminent.
But some very large sells today of 2X50K + 70K + 75K + 200K shares on LSE so it looks like an institution is off loading.

[nicky name] 17/5/2016 20:39

'IOPABBM' you really are a fool.
Apologies to this thread that the troll's aliases have stalked me here again.
I am not Steamy, but the troll likes to tell me or imply that I am!
People like 'IOPABBM' aka Hvs1 rackers1 etc etc are debasing Advfn.

[my5harebox] 16/5/2016 16:10

Looks like MM's holding the share price down, guess they have a big order to fill.

[nicky name] 13/5/2016 20:18

deafening isn't it?
there seems to be support at this level
not that I am a technical analyst, so don't hold me to that!

[bc4] 13/5/2016 17:34

Nice recovery today from 154p just beginning to show a little strength you can tell by the silence on this board

[nicky name] 12/5/2016 19:38

Junglee, I agree that Osborne's utterances are of limited relevance to Redde, but it is worth considering that it's one thing proposing radical change to access to justice, and quite another getting it through the Commons and Lords.

Osborne is proposing to remove our rights to legal representation on any claim for injury below £5000, following a road traffic accident. This is unfair, and will be difficult to enact, with such a small Conservative majority. Even Tories will vote against it, in my view.

[bc4] 12/5/2016 12:29

Well there will be a trading update at the end of June with guidance on full year profits and the divi so not too long to wait

[junglee] 12/5/2016 11:37

The issue of legislative changes re: accident claims was raised by the Chancellor during the autumn statement. Redde issued a response --- see RNS of 27Nov2015. Relevant extract : "The Board of Redde notes the comments made in the Autumn Statement on 25 November 2015 regarding compensation claims...Redde supports the efforts of insurers to eliminate fraud and notes that the majority of the cases handled by NewLaw are handled on behalf of insurers and brokers.

Redde further notes that the activities of the Group which would be covered by
legislation of the sort proposed by the Chancellor contribute less than 2.5% of
the Group's revenue."

Thus the company made its stand very clear on the draft legislation that it would be subject to consultation and that in any case it was relevant to only 2.5% of the Group's revenue. Thus it is not considered material. Redde is a great home-grown business and its management needs to be applauded and feted for serving the interest of all its stakeholders. Any insinuations are a sad and mischievous attempt to pull down a success story.

[fizzypop] 12/5/2016 08:58

Price being pulled down by a succession of AT sells. Machinations by MMs I guess.

[bc4] 11/5/2016 12:55

They must be very lonely with no one to talk to LOL
All the best Toyin

[toyin] 11/5/2016 12:49

Agreed bc4

Been here a long time and with a personal yield of cica 15% tax free I am not worried in the slightest!

All the best

[bc4] 11/5/2016 12:36

Says it all really,it is amazing how many people are worried about us REDDE shareholders they seem very worried about a share they are not invested in, also they will not have had the 13p we have received since November 2015