Robinson Share Discussion Threads

[castleford tiger] 18/8/2020 16:50

GOT NO MORE just the 5k at 1.29.

MM played games today with very few for sale.
I expect this to be 140 to buy this week

tiger

[castleford tiger] 18/8/2020 11:00

My 5000 showing as a sell
It was a buy at 129

[castleford tiger] 18/8/2020 10:10

MM playing games here.
Who sold at 120??
Got a buy order in for 50 k at below 130

Let’s see what they fill

Just been told 5000 bought only to date
Not reported yet.

Huge investment this year will eat into profits but boy will we get some growth next year.
Huge dividend and at least 10 m to come from property sales.
Fair value 175 on what we know

Tiger

[davemac3] 18/8/2020 08:40

that divi is worth at least 10% if you got in over the last year below 80p, 20% if you got in in the mid 40s ;-)

[18bt] 18/8/2020 07:35

These results will repay a bit of looking at later. The increase in the dividend for the full year (8.5p is a yield of 6.4%) is a lot more than I expected and the increase in turnover is a bit more, but I was expecting the earnings to increase more. The key statements which will need looking at are:

"...we expect to report mid to high single digit revenue growth in the full year, whilst continuing to drive further efficiencies across all aspects of our operations in order to compete and win in the market.

We are committed to investing in new production equipment and additional capabilities to grow the business in the second half of 2020, including developing our go-to-market approach and reinforcing our sustainability proposition. As a result, operating costs will be significantly higher than the same period in 2019. Notwithstanding this increase and subject to any disruption to trading that may arise from the ongoing pandemic, we expect full year earnings to be slightly higher than last year and remain committed to ongoing delivery of our target of 6-8% return on sales".

At first sight, the reason must be the repaying of furlough/bonus payments plus the additional investment - but the additional investment must be a lot given that H1 earnings are £0.853m compared to £0.223m for H1 and £1.21m for the whole of 2019. But I think this is one where analysing the H1/H2 split will explain more. The overall picture is very positive and there is still the big gain on the surplus property to come (with dates put back slightly). They have a strong product, a strong customer base and a pretty strong balance sheet to go forward.

[castleford tiger] 17/8/2020 08:16

Results tomorrow 18 th

[castleford tiger] 14/8/2020 16:22

might get results next week?

[castleford tiger] 14/8/2020 16:01

I bought them 1000 and pushed the price up to 139 to buy!

tiger

[castleford tiger] 14/8/2020 15:06

127.5 MID
VERY LITTLE AVAILABLE AT 130

[castleford tiger] 13/8/2020 16:49

125p mid now

[red army] 13/7/2020 12:31

Bought in this morning for first time as chart suggesting 160p and fundies look good.

[castleford tiger] 13/7/2020 10:23

I think from what we know 130 p is about right with further increase based on good updates.
Does everyone agree we will get 5.5 p plus the 3.5 this year?
Tiger

[tole] 12/7/2020 09:50

https://www.thisismoney.co.uk/money/investing/article-8512933/MIDAS-SHARE-TIPS-UPDATE-Dividends-Robinson.html

[davemac3] 08/7/2020 10:50

ex divi tomorrow (3.5p)

[castleford tiger] 06/7/2020 11:26

You can buy inside it via a broker.
However agree it’s too much
Tiger

[davemac3] 06/7/2020 10:33

the spread is ridiculous

[jimsyone] 03/7/2020 20:58

Robinson (LON:RBN) – more than doubled in just over two months
They are estimating a 130p share price, compared to the current 106.5p, which has doubled since I profiled the company just two months ago.

Still more to go for and looking undervalued.

[castleford tiger] 02/7/2020 14:46

Further strong gains

[arthur_lame_stocks] 01/7/2020 09:56

A small article on AJ Bell

[sphere25] 30/6/2020 13:52

Impressive stuff.

It's also one of the few stocks that doesn't look grossly overvalued pinning hopes two years and more out with what looks like very expensive multiples. 11.2p in earnings and a 5.5p dividend pencilled in FOR THIS YEAR.

Single digit multiple and nice dividend. That's actually dirt cheap in this market. Shame the spread is so wide or it would make for a trade but if the wider market does come off, I have this on the buy on weakness list.

Probably go storming higher now ha

[jaf111] 30/6/2020 08:21

Surprisinly muted response to this morning's news....
Accept shares very illiquid but very little reaction thus far......

[jaf111] 30/6/2020 07:51

Some "lucky" buying yesterday???

[riddlerone] 30/6/2020 07:49

I like the fact that as soon as they could they have reinstated the Dividend,it says bundles for their ethos.With that in mind when the property does sell will they distribute a reasonable proportion of the proceeds to shareholders...looks possible to me after this.