Redde Northgate Share Discussion Threads

[nicky name] 20/7/2016 22:33

good one Toffee LOL

[toffeeman] 20/7/2016 22:22

I've got a trailing stop (as opposed to stop trolling)with a 210 limit

[hvs1] 20/7/2016 14:35

'hovis loaf'...... like it, made me larf ;-)

[tday] 20/7/2016 14:13

173p cleared. Who is a clown now hovis loaf.

[nicky name] 20/7/2016 13:30

come on REDD!

you can do it

need to clear 173p?

[jeff h] 15/7/2016 00:30

FMG trading well:-

Accounts covering the year to 30 September 2015 reveal that turnover rose past £100m for the first time in the company's history, rising from £93.6m to £101m.

EBITDA before exceptional costs also climbed by 109 per cent to £5.2m, while the business made a pre-tax profit of £3.3m.

Chief executive Mark Chessman said: "The past 12 months have been particularly significant in FMG’s 30-year history, and we are now widely recognised as the specialist incident management expert.

"We have enjoyed record growth in operating profit, successfully secured new business in new markets and achieved an outstanding customer retention rate."

As part of a restructure to focus on its core strengths, FMG withdrew from loss-making contracts and non-core services such as fleet maintenance services. The results were said to reflect the success of the changes along with strong underlying growth.

Looking ahead, Chessman added: "Following FMG’s acquisition by Redde last year, we are already seeing the benefits of marrying FMG's people, knowledge and innovative capacity; to Redde's long term investment and commitment to the vehicle claims industry, which will continue to result in an outstanding service and technical proposition for our customers today, tomorrow and well into the future."

[scottishfield] 14/7/2016 08:45

much better

[pistonbroke1] 12/7/2016 10:57

173 is the next critical point to pass. If it closes on 173 in next day or so I would expect a pull back as this will be the top of a decending line drawn from End of December @ 210p through beginning of March @ 198p.
If it pushes through 173 then its on its way back to £2.00 IMHO.

[my5harebox] 12/7/2016 10:18

lets hope so. some single share trades today which i have not seen here before.

[fizzypop] 12/7/2016 09:37

Looks like we have the breakout.

[fizzypop] 11/7/2016 15:49

Range bound again since Friday and needs news to kickstart a bit of momentum.

[bc4] 08/7/2016 16:44

Yes this is looking very positive and the yield is still around 6%

[capricious71] 08/7/2016 11:56

Look at the long term with REDDE. If you want capital growth, just think of those reinvested dividends and if you want income, you'd be hard-pushed to get anything as good as this.

[pistonbroke1] 08/7/2016 08:10

Next 2 trading sessions should confirm either way. Today really needs to finish in positive territory.

[donemyhomework2] 07/7/2016 22:46

Beat me to it RR. If not broken it's very very close. Welcome views from Chartists

[retailronnie] 07/7/2016 18:28

Downtrend broken? I hope so, but I'm no chartist. Any views?

[bc4] 06/7/2016 22:32

Some very strong trading today could be a good sign on a down day

[napoleon 14th] 04/7/2016 23:00

fizzypop - I remember one I missed 'cos of the VERY high risk - Kunick Leisure's
8% convertible cumulative prefs, about 2 years before I forget who took them out of their misery & redeemed the prefs at par = 100p aqs part of their bid, including three years of divis in arrears = 24p.
Price of these shares when I hesitated - 25p!
_______

Still, the rapid bounce back to 160p so soon.
More later, IMO.

[pistonbroke1] 04/7/2016 08:34

Lets hope this isn't a bounce off the top of the down trend line as it could get messy if it is with 130 being the next stop.

[donemyhomework2] 01/7/2016 05:32

Nicky NameI bought mine at 0.06p. I recall they went to nearly 3p and then we had a massive rights issue at 2.5p. to pay off the bank debt.A year later they probably went to 8p and then came the 10 to 1 consolidation.It's an unbelievable story !!!!

[nicky name] 30/6/2016 17:25

Toffeeman

Helphire shares were about 0.8p a few years ago. 10 for 1 consolidation made them 8p each

8p to 150p is a pretty decent capital gain, and just the divi for this year alone, pays for the original investment

now that's what I call 'investing'

I wonder if there are any other credit hire/legal services companies that have been heavily shorted, with potential for a rebound?

[pistonbroke1] 30/6/2016 16:40

Nice rise today but I agree with Wally we need to break the down trend. A bit of a vacuum now till September so next day or so may provide guidance as to whether we break the trend or resume it.