Redde Northgate Share Discussion Threads

[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

[flyfisher] 24/11/2020 12:33

This will explain how it works.

[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.

[zho] 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.

[flyfisher] 23/11/2020 18:35

Calculation day is 1st december, result announced 2nd.

[zho] 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.

[rogthepodge] 23/11/2020 17:35

are AIM stocks in FTSE250? genuine question

[flyfisher] 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.

[zho] 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.

[flyfisher] 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.

[skinny] 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.

[grahamburn] 05/11/2020 20:43

No problem with II - in on 3 November.

[chaders2] 05/11/2020 19:52

did anybody get the divi mine dosent show in my HL account

[flyfisher] 31/10/2020 06:38

45% vote against directors remuneration at the AGM, board will engage with institutions to find out why.

In my view, the current performance bonus targets reward poor performance.

It looks like the directors incentive schemes will be adjusted.

[indiagolf12] 29/10/2020 18:55

Good write up by Paul Scott on Stocko today. Not sure why Mr market is marking the share price down?

[3800] 29/10/2020 17:39

thanks for that info zho and skinny, I had never heard of marketscreener and as it appears to be free if you register I will give it a try.
3800

[zho] 29/10/2020 15:04

Thanks Skinny

[skinny] 29/10/2020 15:00

That link is ok for .

5 buy, 1 outperform & 1 hold - TP 354.14

[zho] 29/10/2020 14:58

Hi 3,800,

A 16/9/20 article in the Investors' Chronicle said "Analysts at broker Numis upgraded their forecasts to adjusted earnings of 26.3p per share for the year to April 2021, rising to 35.7p for FY2022."

That's all I've got, I'm afraid, apart from the likes of

[3800] 28/10/2020 13:15

Hi zho, do you know what the the consensus of FY2021 analyst forecasts are?
3800

[zho] 28/10/2020 07:27

Current Trading

In the first five months of FY2021 the Group has seen sequential monthly
improvements in trading, with a recovery in VOH to slightly above pre-COVID
levels, strong used vehicle prices and disposal profits, but slower recovery
than expected in Redde volumes due to several factors including local and
regional lockdowns.

Absent a deeper or more prolonged impact of COVID-19 than currently expected,
the Board is comfortable with the consensus of FY2021 analyst forecasts that
have been updated since April 2020.

[zho] 11/10/2020 09:13

It's behind a paywall, but ...


"White delivery vans enjoying Covid-inspired renaissance

"The price of secondhand vans has risen for five straight months as demand for home shopping deliveries continues rising"

[largeronald] 09/10/2020 11:42

At around the 420p level, Redde shareholders will be back at the level they were before this merger was announced.

[flyfisher] 09/10/2020 11:37

Redde Northgate is currently ranked 359th by market cap in the all share index.

At the 230p level it would qualify for ftse 250 inclusion, ie companies from 100 to 350 in the list.

If it gets there, presumably some index buying would occur.

[skinny] 07/10/2020 13:59

Don't rub it in!