ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

RBN Robinson Plc

115.00
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Robinson Plc LSE:RBN London Ordinary Share GB00B00K4418 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 115.00 110.00 120.00 115.00 115.00 115.00 10,591 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Plastics,resins,elastomers 49.67M -820k -0.0489 -23.52 19.27M
Robinson Plc is listed in the Plastics,resins,elastomers sector of the London Stock Exchange with ticker RBN. The last closing price for Robinson was 115p. Over the last year, Robinson shares have traded in a share price range of 85.00p to 122.50p.

Robinson currently has 16,753,445 shares in issue. The market capitalisation of Robinson is £19.27 million. Robinson has a price to earnings ratio (PE ratio) of -23.52.

Robinson Share Discussion Threads

Showing 801 to 825 of 900 messages
Chat Pages: 36  35  34  33  32  31  30  29  28  27  26  25  Older
DateSubjectAuthorDiscuss
13/2/2023
15:17
Reality will be painfull.
charo
09/2/2023
22:09
If power costs fall then customers will seek price reductions.
charo
08/2/2023
07:56
I agree with the above two posts Last time I looked, I came out around a fair value of c.140p, i.e. not to sell, necessarily, but to review again if that price is reached, and to happily enjoy tne divis until thst point.

It's conceivable that Simon T could tip it with his Bargain Shares 2023 tomorrow I suppose.

value hound
08/2/2023
07:14
ALS

Cannot disagree with any of that furthermore Energy prices are falling fast.

Electricity quoted 70/90p a kwh is now in the 40`s and falling.

It might settle high 20`s or low 30`s which would be a huge saving going forward.

Like you we wait for better times in the core business but the dividend gives us a return whilst we wait.
I have £1.50 penciled in this year

tiger

castleford tiger
07/2/2023
19:50
I think despite the recent rise in the share price these are worth hanging on to. It looks to me like they're going to revalue their properties and hopefully this will produce a good uplift with the results thus further widening the gap between mkt cap and NTAV. Also this year the pension escrow money should be released and they may make a further sale of some of that surplus property, hopefully at a profit to book with planning.

OK so trading in the core packaging business may be average but I can see a number of things which may help to increase the price this year and if that dividend is safe then we get a reasonable yield as well.

arthur_lame_stocks
25/1/2023
17:24
MEANWHILE THE PRICE keeps going up.
tiger

castleford tiger
25/1/2023
17:11
In the meanwhile operations drift.Management with no skin in game peel off profits .
charo
25/1/2023
17:11
In the meanwhile operations drift.Management with no skin in game peel off profits .
charo
25/1/2023
09:36
There should be a £3m book profit from the elimination of the escrow account, as R most likely made a provision (over time) when this was set up. This will thus further increase the gap between the share price and the NAV.
baner
24/1/2023
18:48
The escrow funds are already on loan to the company so there will be no L pact on Bank debt.
ardee
24/1/2023
18:43
I assume releasing the escrow money will reduce net debt. The actual cash figure won't increase much but the corresponding liability will go down.

I wasn't too disappointed with today's update, it looks like they're going to recognise an uplift in the value of their property making the discount to TNAV even wider and the company is at least profitable in what is a difficult environment.

I'm going to continue holding and collecting that dividend whilst I wait for the price to rise closer to TNAV.

arthur_lame_stocks
24/1/2023
17:17
Assets are worth what they earn.
charo
24/1/2023
15:17
A note out today from FinnCap.
The pension escrow is £3.2M and as this is already deployed in the business the end result will be a book keeping adjustment. A worrying aspect of the brokers note is capex of £4.4 m next year. This follows from substantial capex in the past if I remember rightly. It is a substantial investment for a company capitalised at £15M. There is a need to be more aggressive on both sales and pricing.

ardee
24/1/2023
10:01
I assume we still have the couple of million held in the escrow account,currently lent back to the company, post the pension buy out.This was not part of the actual pension fund.Otherwise I thought the update was reasonable in a very difficult market with huge price pressures which take time to pass on.
1tx
24/1/2023
09:19
Broker forecast adjusted pbt for 2023 is £1.3 mill so market cap should be circa £10 mill.

Whilst I understand the logic there you have to look at NAV which is £20m exc intangibles and goodwill.

Then add the trading part to that.

So I see 20m nav plus the value of the business £13m,

total 33 million about 200p a share

tiger

castleford tiger
24/1/2023
09:03
Hi Charo

Is there a new note out today please/
Tiger

castleford tiger
24/1/2023
08:56
Broker forecast adjusted pbt for 2023 is £1.3 mill so market cap should be circa £10 mill.
charo
24/1/2023
08:54
Charo - where can we find this research note?
baner
24/1/2023
08:12
So on a forward p/e of 10 fair price 50p.
See research note.

charo
24/1/2023
07:44
So a property asset with barely profitable plastic packaging operation.
charo
17/1/2023
10:03
Trading statement soon.
charo
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.
baner
16/1/2023
20:47
Breaking out of the trading range
castleford tiger
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.

boystown
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.
charo
Chat Pages: 36  35  34  33  32  31  30  29  28  27  26  25  Older

Your Recent History

Delayed Upgrade Clock