Redde Northgate Share Discussion Threads

[dodddy] 07/3/2016 17:47

stand back and look, its up massively from a year ago

[petersinthemarket] 07/3/2016 17:36

Down 20% now. I thought I understood some of this game but this one has me baffled. Can someone explain how the share price can get forced down this far if there is such a demand for redd stock?

[propercharlie] 07/3/2016 16:28

a load of buys at 167- I think this was the target!

[nicky name] 07/3/2016 16:02

I am guessing game playing and a tree shake

private investors swim with sharks!

especially on the AIM

[dodddy] 07/3/2016 15:58

a few stops getting hit

[capricious71] 07/3/2016 15:47

Tree shake?

[dodddy] 07/3/2016 15:11

not worried, story is still the same.

[propercharlie] 07/3/2016 14:52

i think 167 might be bothom of this trend as that was the point that a large set of purchases went through when the price dipped down.

[nicky name] 07/3/2016 12:41

how do the market makers get away with this?

it might not be just Neil Woodford and the new guy at Fidelity that want these

or maybe they are topping up

not much leeway there though, aren't they both approaching 29.9%?

[deadly] 07/3/2016 12:30

I think someone wants to sell the shares, and they are......

[wallywalrus] 07/3/2016 12:14

I think someone wants the shares also. I'm not letting go!

[juuunx2] 07/3/2016 11:27

I think someone wants our shares.....

[fizzypop] 07/3/2016 10:53

Next Trading Update due in 7 weeks circa 27 April.

[petersinthemarket] 07/3/2016 10:25

Tks for link toyin: Disclosed short position appears to be less than 1% which is nothing really and made me wonder whether there was something more structural going on. But cannot think what as all TU's to date have implied continuing good progress. Down around 15% from peak now and must be hitting some stops so if this is just an mm drive the share price might start to turn up again. Anyway, GL all holders. pete

[toyin] 07/3/2016 10:08

Link to short interest.

hxxp://shorttracker.co.uk/company/GB00BLWF0R63/all

All the best

[fatnacker] 07/3/2016 10:01

should be a modicum of support at this level, interesting chart pattern.

[petersinthemarket] 07/3/2016 10:01

This is plainly being driven down towards its old support level around 162.
Does anyone have access to the current short interest?
I have a pile of these and I am not enjoying this one bit.

[donkyman] 07/3/2016 09:49

Anybody any Idear why this is retracting so much?

[ods] 05/3/2016 23:21

Turnover for H1 was £165M (32% improvement on H1 2015) and that included only 2 months of FMG which was a 100M business.

I would expect H2 to be £165+£32M (Additional FMG contribution) so £197M giving a total turnover of around £360M which would be a 45% increase over 2015.

I think this share has further to go yet...

[discodave4] 04/3/2016 18:53

Thanks for the feedback.Will see.GLDD

[pistonbroke1] 04/3/2016 09:11

Company is making growth performing acquisitions that will reflect in future earnings figures so think we have a way to go before the parties over.

[napoleon 14th] 04/3/2016 08:59

There's only 1 other share combining growth & yield so advantageously
& that's PHTM. I also have a load of those.

Let's hope we get a good bounce, for starters, but one day the party will have run its' course. question is when?.

[bc4] 04/3/2016 08:28

DiscoDave4 Well there is one thing a 5% divi yield, where can you get better than that? Also REDDE management team have beat the last 6 forecasts and I expect more of the same with new contracts kicking in from January

[nuttynige] 03/3/2016 22:50

The forward yield is pretty high, about 5% I think, and they seem to generate plenty of cash. But, you may be correct, it possibly is rated about right in the short term.

[discodave4] 03/3/2016 20:30

Been watching these for a while.Not wishing to offend but why should this go above 180 - 200?2017 eps say 10p, average PE 18 (20 tops) single digit eps growth, just cannot see enough at the moment to get in, or am I missing something?.ThanksDD