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REDD Redde Northgate Plc

429.50
0.00 (0.00%)
24 May 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 6.99 973.85M
Redde Northgate Plc is listed in the Passenger Car Rental sector of the London Stock Exchange with ticker REDD. The last closing price for Redde Northgate was 429.50p. Over the last year, Redde Northgate shares have traded in a share price range of 310.50p to 433.00p.

Redde Northgate currently has 226,741,545 shares in issue. The market capitalisation of Redde Northgate is £973.85 million. Redde Northgate has a price to earnings ratio (PE ratio) of 6.99.

Redde Northgate Share Discussion Threads

Showing 4676 to 4697 of 4900 messages
Chat Pages: 196  195  194  193  192  191  190  189  188  187  186  185  Older
DateSubjectAuthorDiscuss
07/12/2022
12:18
You've probably already seen that the 8 analysts covering REDD have an average eps forecast of 49p to 4/23. This page should be updated as and when forecasts are changed.
zho
07/12/2022
12:04
Anybody got broker notes on forecast eps?
disc0dave45
07/12/2022
08:55
Actual Nav now at 2.99 growing business lines across the board, great results once again.
deanowls
07/12/2022
07:46
25% increase in next divi. That’s good.
ramellous
24/10/2022
21:48
Think you're right.
disc0dave45
24/10/2022
14:15
>>Has the company notified us of the running total of the buy back>>

I think that's the 13,116,556 shares held in treasury.

zho
24/10/2022
09:56
Has the company notified us of the running total of the buy backOr has anybody kept a tally
jam2day
13/10/2022
18:04
Missed todays dip!, oh well there's always another day.
disc0dave45
12/10/2022
20:10
Had these on my watch list for a while and now having another look.Looks undervalued IMO with forward PE on underlying eps of 4.8x (assuming my 63p eps is achieved). On normalised eps forecast (49.4p consensus) on a forward PE of 6.1x. Also trading below NAV (388p) by 22%. Div yield over 7% too, what's not to like?......okay net debt isn't brilliant, quick calcs it's nearly 3x underlying pbt (whereby 3x is my upper rule of thumb). Also, the cost of their debt is only 1.9% with 76% at fixed interest rates, so fairly well protected against rising interest rates. The share buyback could be contentious but with 7% div yield and an additional 17m shares potentially purchased, increasing eps by circa 7%, thus generating additional value, then it's not a red flag for me.
disc0dave45
27/9/2022
15:01
Aw cmon Fenners - the poor old board have ot do something to enable their bonus to be trousered.

Erm did I also read in that RNS about renegotiating debt?
Leverage remains well within our stated aim of 1-2x, supported by our refinancing in October 2021 with debt maturities extended up to 10 years.

Would it not make sense to reduce the debt before doing all the financial shennanigans. Its the way it works in my house.

swiss paul
27/9/2022
08:13
Current Trading

Following the encouraging start to the year, as previously announced, the Group has continued to trade well. As expected the UK&I market for new van supply remains tight, while new car availability is showing early signs of improvement. In Spain, new van supply is performing better than anticipated and the ongoing levels of new fleet are supporting growth. Residual values are softening gradually in line with expectations, but remain significantly above historic levels. Margin levels have remained strong, with inflationary pressures being actively managed.

zho
23/9/2022
10:25
NED John Pattullo buys 20,000 shares
zho
08/9/2022
16:14
Same here at 3.17, watched the last presentation last night, decent dividend and buy backs so they aren’t afraid to reward shareholders. Big customers coming on this year and with no lockdowns should benefit on the redde side.
deanowls
08/9/2022
15:53
Nice little top up here for me today
rental
02/9/2022
12:22
Pendal Group ("an Australia-based independent, global investment management company") has declared a 5.01% stake.
zho
02/9/2022
10:08
Every used van is getting mopped up out of the system right now from the people that know

Expert profits here to soar

rental
02/9/2022
10:07
Repeated post
rental
01/9/2022
14:32
Perhaps 'they' read this thread - that definitely said "Ex Dividend Date 2 September 2022" earlier!
skinny
01/9/2022
14:29
Nothing misleading, today is ex div day, as posted here by others, as stated on their website and in their prelims.
disc0dave45
01/9/2022
11:40
Slightly misleading :-
skinny
01/9/2022
11:10
What is the divi yield on these seems a fair old drop although it is a bit of a " down day" on the market I suppose
pottsypotts
01/9/2022
11:00
I’m a buyer today, nice little buying opportunity here today for me.

Answering the question above, used vans peaked in price around March april 2022, they dropped back a bit in August 22 but there was still shortage of stock and now as I predicted used van prices have gone nuts again and we are on course for my predicted disruption in October 2022 due to the shortage of vans. As I’ve said before Prices I think will peak in October 22 to new highs and continued for 12
Months as that.

Rental prices will rise due to shortage.

rental
Chat Pages: 196  195  194  193  192  191  190  189  188  187  186  185  Older

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