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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
  -8.00 -2.9% 268.00 268.00 269.50 277.50 267.50 274.00 313,316 16:28:49
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 779.3 59.0 30.8 8.7 822

Redde Northgate Share Discussion Threads

Showing 4451 to 4475 of 4475 messages
Chat Pages: 179  178  177  176  175  174  173  172  171  170  169  168  Older
DateSubjectAuthorDiscuss
23/2/2021
12:36
Good to see the company buying in to honor the LTIP and future LTIP awards, far better than issuing more stock. It also implies that cash flow is good, so the dividend looks increasingly secure.
flyfisher
21/2/2021
20:07
lifting of restrictions will yield substantially more income for the Redde business. A change from purchase to lease of vehicles will massively improve the balance sheet. Then a re-rating?
tennis123
02/1/2021
15:20
Featured as one of Stockopedia's Top 20 Stocks for 2021
tanneg
15/12/2020
00:31
and the rest, 300p for starters but still way too cheap
purplepelmets
14/12/2020
08:05
Looking good for a run to 300p by end of year
shammytime
08/12/2020
19:40
Transition on course - in line with expectations and Hire side of the business above expectations. Wait until normal post lockdown traffic is here and Redde side of the business will come good. Will take a year bunt heading north of 400p IMO DYOR
greenhat2
08/12/2020
09:45
That's more like it - was worried I'd missed something!
janhar
08/12/2020
08:32
Strange price reaction to positive update
jam2day
08/12/2020
07:41
Martin Ward, CEO of Redde Northgate, commented:"Since our preliminary year end results announcement on 16 September 2020 we have continued to make excellent progress in delivering on our strategy to become the leading integrated mobility solutions provider. Our integration plan has now delivered synergies and permanent cost savings of GBP15.9m run rate savings to date and we fully expect to reach the increased targets we set out of GBP19m in year 2."We have also commenced the integration of FMG RS which broadens our service proposition and capabilities in repairs and, in October, building on Redde's expertise, we launched our accident and incident management product to Northgate customers. We have had a good early response to this and are confident it will be a source of revenue growth for the Group."I have been immensely proud of the way the team has stepped up to ensure we can operate as effectively as possible and deliver our services during these difficult times. COVID-19 continues to impact us all and we remain primarily focussed on ensuring a safe and effective work environment for our employees and safe contact with our customers who require our services. We can clearly see the impact of COVID-19 in this set of results, particularly in Redde where accident volumes were depressed in the first quarter. However, these have significant potential to increase when road traffic volumes and incidents revert back closer to historic norms. Meanwhile, the buoyancy in used vehicle markets, particularly in the UK, has led to higher disposal profits, and the Northgate businesses have also both benefitted from an increase in VOH since year-end such that VOH is now above pre-COVID levels. Recent regional lockdowns and the second national lockdown in the UK have highlighted the need for agility and we continue to keep cost and cash controls in place in order to monitor and manage the business closely. We currently do not expect the impact of these new lockdowns to be as severe as the original national lockdowns in April and May. We are confident on performance in FY2021 and our views on FY2022 will be determined by the exit run rate we see at the end of FY2021."Our cash position has remained strong in the first half with continued good steady state cash generation and free cash flow. We have made good progress with our new capital model for funding vehicles and now have over five hundred vans on contract hire, with substantial LCV contract hire credit lines agreed with lenders and now in place."I am confident that the actions and measures we are taking are already creating value which will be further enhanced as we continue to deliver on our strategic priorities."
janhar
08/12/2020
07:24
Interim Results.
skinny
24/11/2020
16:57
I expect that they are paying increased rental rates tho which if passed on at a margin would increase the top line.
deanowls
24/11/2020
14:22
REDD are degreasing the fleet Used van prices up 15-25% on last year which means a huge balance sheet uplift which isn't reflected on the last bs The next set of accounts will show the true picture - I.e. debt being paid down Still plenty of legs especially if it gets into the 250
greenhat2
24/11/2020
14:21
Who cares what the directors get paid We only care about the profitability of the company and share price
greenhat2
24/11/2020
12:33
This will explain how it works. hTTp://www.stockchallenge.co.uk/ftse.php
flyfisher
23/11/2020
21:02
Yes, there are several hurdles that must be overcome, along with different cut off dates. Free float is earlier as it is does not change with the share price. To get automatic entry one must be above 325th, below that they take as many as are needed to replace the evictions.
flyfisher
23/11/2020
19:32
Okay, I was going on "The cut-off date for normal quarterly share and free float changes will be the Friday five weeks prior to effective date" but perhaps I've got hold of the wrong end of the stick. https://research.ftserussell.com/products/downloads/ftse_faq_document_uk_2020.pdf
zho
23/11/2020
18:35
Calculation day is 1st december, result announced 2nd.
flyfisher
23/11/2020
17:52
Well spotted flyfisher, although I think the cut off point for the December review may already have passed. >>are AIM stocks in FTSE250?>> No, but I don't think REDD is an AIM stock.
zho
23/11/2020
17:35
are AIM stocks in FTSE250? genuine question
rogthepodge
23/11/2020
17:14
As of today REDD is 349th in the all share list, so we have a sporting chance of joining the FTSE 250 index at the next review in december.
flyfisher
17/11/2020
14:38
>>Directors remuneration report shows that the CEO stands to earn £3.7m for on target performance, a figure that would make a ftse 100 CEO blush.>> Perhaps not, because the median FTSE100 CEO's salary is £3.6 million, but I agree with your sentiments. https://www.cipd.co.uk/knowledge/strategy/reward/executive-pay-ftse-100-2020
zho
17/11/2020
14:31
Directors remuneration report shows that the CEO stands to earn £3.7m for on target performance, a figure that would make a ftse 100 CEO blush. The remuneration committee are trying to add further bonuses to this. No wonder for the heavy vote against the directors remuneration policy at the AGM. The company is on the cusp of ftse 250 entry, yet does not have appropriate corporate standards. If this is of concern, email the company, let them know your feelings.
flyfisher
16/11/2020
07:06
Redde Northgate plc (LSE:REDD), the leading integrated mobility solutions platform, confirms that it will publish its interim results for the six months ended 31 October 2020 on Tuesday, 8 December 2020.
skinny
05/11/2020
20:43
No problem with II - in on 3 November.
grahamburn
05/11/2020
19:52
did anybody get the divi mine dosent show in my HL account
chaders2
Chat Pages: 179  178  177  176  175  174  173  172  171  170  169  168  Older
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