Reflec Share Discussion Threads

[philmac56] 11/7/2016 19:34

Question...
Does anyone know if Martin Cope, has retired from Reflec????

His name seems to have disappeared from their website as a point of contact? Now replaced with John Kinder!!!!

[johndee] 09/7/2016 01:07

Worth holding as the tax free dividend is a much higher earner than you are likely to get anywhere else.

[philmac56] 08/7/2016 20:12

Twodeg, I sold out close to a yr now.

[twodegrees] 06/7/2016 18:56

philmac56 if you sold out why have the amount of holders not dropped???

[darias] 01/7/2016 08:17

Philmac

May be something to do with Brexit. We leave the EU and then have to negotiate trade deals. Small companies like Reflec will be the ones that suffer as they probably cannot afford to relocate.

[philmac56] 01/7/2016 07:31

There are quite a few shares sub £300 now for sale.

I sold out at £295, if I recall correctly.

Temptation lures me back, to reconsider my position.

But why are so many being placed at these prices!!!

What has happened over the last yr????

I have missed ojut on the last two/three company updates!!!

[twodegrees] 18/6/2016 12:03

£3.00 per share dividend in the bank.

[darias] 03/6/2016 08:32

Engines were better, though slower, when they had tappets and pushrods operating the cam shaft. It all went wrong when we started using shims.

[twodegrees] 02/6/2016 21:07

cheers man1
You should know about daily vehicle checks....

[philmiboots] 01/6/2016 11:40

Any "feedback" from last weeks AGM?
Did anybody attend?

ps 2016 Annual report and accounts now downloadable from the website.

[johndee] 03/4/2016 16:57

Under £300 is a bargain with 4% Dividend expected to continue.

[twodegrees] 03/4/2016 13:56

johndee I agree re the disaster that is aim at the moment...the question is what is the true value of the shares...

[johndee] 03/4/2016 02:21

Is it fairly easy to buy more of these still?

Appears to be a better prospect than any AIM shares at present.

[twodegrees] 02/4/2016 09:10

philmiboots I am looking forward to you changing the headers...

[illiswilgig] 01/4/2016 21:51

Likewise, always nice to receive the cheque, especially when I know it cost them so much to print it out and send it to me. I feel honoured :-)

[twodegrees] 01/4/2016 15:32

Thank you reflec for the money in my bank account.

[darias] 01/4/2016 10:42

Anyone will be able to see the increased costs in the annual report as I am sure that they will be hidden in the "admin" costs section.

If there is a massive increase in admin costs without a corresponding increase in turnover one can expect that this is due the 100% increase in the period payment of dividends.

If there is not a massive increase then phil will be proved mistaken in his posts. In other words be patient and all will be revealed.

[upthepool] 01/4/2016 09:52

Johndee;

True, apart from the astronomical costs associated with paying dividends a couple more times a year of course :-)

[johndee] 01/4/2016 09:25

Reflec are doing very well since going private, obviously the costs of a private company are much lower than that of a PLC.

[upthepool] 01/4/2016 09:21

Significantly less than REF, but that is a pretty irrelevant question as the process for calculating, generating and paying dividends is so straight forward.

You seem to be looking for a reason to have a go, and this cost in the overall running of a business is really so far down into the weeds.

Can I ask you again (as this seems inportant to you) - You suspect admin costs are higher than we might think - go on then, what do you think these sky high costs might be? Based on what? What are the parameters influencing these costs?

Ta

[philmiboots] 01/4/2016 08:58

How many shareholders do you have UTP?
Who said anything about a "conspiracy"?