ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

REDD Redde Northgate Plc

429.50
0.00 (0.00%)
12 Jul 2024 - Closed
Delayed by 15 minutes
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
  0.00 0.00% 429.50 429.00 430.00 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Passenger Car Rental 1.49B 139.24M 0.6141 6.94 973.85M

Redde Northgate Share Discussion Threads

Showing 4101 to 4119 of 4900 messages
Chat Pages: Latest  172  171  170  169  168  167  166  165  164  163  162  161  Older
DateSubjectAuthorDiscuss
05/11/2019
16:21
And his cronies like Ltcm1
bc4
05/11/2019
10:58
Tom Winnerfrith is wedged up tho, the ledgendary Sheriff made a killing on WPCT and now his cash mountain is looking for a new target.
ltcm1
01/11/2019
17:17
If you had any money or bottle!!
bc4
01/11/2019
15:53
The chart is also looking really good for a short!
ltcm1
31/10/2019
07:36
I hope not! (pain in March) :-)
skinny
31/10/2019
07:26
Fizzy Feb is when the divi is declared and paid in March
bc4
30/10/2019
18:00
It makes sense that they would put it to the vote at the 2019 AGM because they've done the same every year for as long as I've been paying attention (ie since 2016 at least) and probably as long as the company has been in existence. Likewise at many if not most other companies. Usually it isn't used, but it makes sense to have it available in case they want to use it.

What's "wrong", fxpro?

zangdook
30/10/2019
17:47
if it makes sense to you fatboy then its wrong
fxprotrader
30/10/2019
16:45
makes sense if they've got the cash and the shares are so low due to Woodford factor etc.
rogthepodge
30/10/2019
16:40
Resolution 10

That the Company be generally and unconditionally authorised to make market
purchases (within the meaning of section 693(4) of the Act) of ordinary shares
of 0.01 pence each in the capital of the Company on such terms and in such
manner as the directors may from time to time determine

??????????

jam2day
30/10/2019
09:47
March not February.
fizzypop
30/10/2019
08:33
Yes another big divi in February, well under valued IMO
bc4
30/10/2019
08:04
NOt looking good. anything with fatboy in it is doomed to failure.
fxprotrader
30/10/2019
08:03
All looking good!!
donemyhomework2
30/10/2019
07:02
.

At today's AGM, John Davies, chairman of Redde plc will be making the following
statement regarding dividends and by way of an update on current trading of the
business in respect of the first quarter of the financial year ended 30 June
2020.

Dividends

Shareholders are being asked today to approve a final dividend of 6.15 pence
per share, amounting to £18.8m which, if approved, will be paid on Thursday 7
November 2019 to those shareholders who were on the register at the close of
business on Friday 4 October 2019. This dividend, if approved, will result in
total dividends in respect of the year ended 30 June 2019 amounting to 11.65
pence per share totalling £35.8m in aggregate and will be our sixteenth
consecutive dividend since June 2013. Payments since that date will amount to £
176.2m representing 61.30p per share.

Current Trading

The first quarter's trading of the new financial year is in line with
management expectations.


more.....

skinny
25/10/2019
17:23
MIDAS SPECIAL: Are there any companies worth backing from the Woodford wreckage?
Redde makes life easier for motorists when they are involved in road accidents. Woodford probably thought the firm would make life easier for him too.
REDDE
The group has contracts with several large insurers and dealerships so, when customers ring up to say they have had an accident, they will be referred straight to Redde

Woodford probably thought the firm would make life easier for him too

The business has a fleet of more than 10,000 cars and prides itself on top-notch service, providing replacement vehicles from standard hatchbacks to luxury convertibles to ice-cream vans.

Redde also works with a network of garages to ensure that repairs are completed quickly and efficiently and it manages claims for insurance firms.

Ward works with big companies too, handling damaged fleet cars or vans. And there is a legal division, that covers motor injuries, employer liability and negligence claims. This division works on behalf of insurers but it has some large public-sector customers too, such as the Royal College of Nursing and the British Medical Association
Ward did not just put the business back on its feet, he changed the dividend policy so that virtually all the profits are paid out as dividends.

In the year to 30 June, Redde paid a dividend of 11.65p, putting the stock on a yield of more than 10 per cent.

In most cases, such a high yield rings alarm bells with canny investors but Redde is slightly different because the generous payments are part of a deliberate policy and the board is committed to making sure that there is sufficient cash left in the business for its needs.
Redde had a difficult time earlier this year, when it lost a contract with a large insurer and the stock halved from £1.80 to 90p. Other contracts have been won since but these have not been fully reflected in the share price. This presents an opportunity for investors.

MIDAS VERDICT: Redde is linked to the Latin word restoration, helping drivers to get back to normal. With the stock at £1.14, the word is relevant to investors as well. Redde is a strong business with an attractive dividend and the shares should move higher.

The Woodford stake is large but big investors have been expressing an interest in the stock so the holding should be sold off relatively smoothly

This is a very good summing up about REDDE and its business

bc4
25/10/2019
10:28
FXprotrader rog is almost a lost cause. Last year he was advised by an expert on the Purplebricks thread, one of the top boys, to sell and go short at 500, ofcourse he cheerfully ignored only to endure an 80% decline.

He is a danger to himself mainly but it is only fair to warn others I think.

ltcm1
23/10/2019
17:39
definitely demand at these levels. And who can blame them!
rogthepodge
23/10/2019
17:04
Yes but the price held so someone is picking them up!
bc4
Chat Pages: Latest  172  171  170  169  168  167  166  165  164  163  162  161  Older

Your Recent History

Delayed Upgrade Clock