Robinson Share Discussion Threads

[baner] 17/1/2023 09:33

This is today a very sound company and an obvious take over-candidate as the pension trust is now gone. 150p is a totally realistic price target for any such transaction.

[castleford tiger] 16/1/2023 20:47

Breaking out of the trading range

[boystown] 13/12/2022 20:01

Well it will be one or the other. The last few years' TUs moving backwards from 2021 have been 9 Dec, 21 Jan, 12 Dec, 21 Jan, 21 Dec.

Anyway, it's a sitting duck IMO.

[charo] 13/12/2022 12:16

Makes sense,though with update on pension,good news,would have been sensible to give guidance with only 2 weeks trading to go.Cynically thought being softened up.

[castleford tiger] 13/12/2022 09:12

A strange one as normally trading statements come just after year end.
With a month to go with sales to year end its risky having a stab at unknown data.

I would not be doing one till 14 th of January or thereabouts as guidance to full year.
prices and markets are now more normal

tiger

[charo] 13/12/2022 08:59

Last year trading statement on 9th Dec.Can we expect update?

[charo] 08/12/2022 07:26

Now more attractive target.

[arthur_lame_stocks] 07/12/2022 19:26

I'm not sure why the price fell on this news, personally I am very pleased. It should substantially de-risk the balance sheet and hopefully getting the surplus cash back will make a small dent in the net debt.

It looks like they've missed the boat on getting top dollar for all that surplus property though, will they wait another 15 years for the next property boom before selling?

[1tx] 07/12/2022 17:08

The pension buy out removes a potential risk esp when the fund is around twice the size of the company in terms of assets.The small surplus in escrow being returned is a bonus.

[charo] 21/11/2022 15:19

2011 £23.2 million
2022 £ 24.5 million (Inc £4.9 mill goodwill and intangibles )

[castleford tiger] 21/11/2022 10:31

Market cap is just the market value. How much has the net asset value increased in that time

[charo] 18/11/2022 06:02

At this time 10 years ago market cap was £14 million. Today having blown £23 million on acquisitions market cap £14 million.
Good job.

[castleford tiger] 12/11/2022 16:40

Market cap still 50% below NAV.

Tiger

[arthur_lame_stocks] 12/10/2022 23:44

We should get the 2.5p dividend on Friday.

[arthur_lame_stocks] 29/9/2022 20:29

I think the company has blown its chance to get a good price for the surplus property. 6% interest rates are going to cause carnage for property prices and I believe potential purchasers will already be much more cautious before committing to a new land purchase.

[baner] 08/9/2022 11:31

This looks OK. Hearing towards 12-14p of EPS after substantial depreciations. Further property sales will reduced net debt while enhancing the Equity further. Shares no doubt worth 100p+ With long term scope for more.

[1tx] 08/9/2022 09:50

Not too bad a performance in difficult times in my opinion.Obviously energy prices will be a problem going forward.I remain confident that Robinson will survive..

[charo] 08/9/2022 09:15

Lipstick. Deduct profits from property sale £2275k say £500k profit on £25 million of sales. Cash flow negative before dividend.
Profit warning on second half.

[charo] 22/8/2022 13:28

Purely technical point but surely company is in a close period.

[charo] 19/8/2022 08:52

Good results released today last year,?????

[charo] 15/8/2022 13:29

Interims due this week?

[charo] 09/6/2022 14:51

Management excluding guy Robinson has holding worth a miserly? £60k.WOW

[charo] 26/5/2022 21:11

Reading statement chair should be Embarrassed comfortably ahead of £28000 ,could mean £35000 maybe £50000 certainly does not suggest reasonable profit of say £1.7million 9n sales of £45/50 million.
Complete shambles.

[charo] 26/5/2022 21:03

What BS .profits are ahead of first 4 months of 2021,that was a loss .Did they reduce losses or make a £1.

[castleford tiger] 28/4/2022 15:10

you can deal inside it