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RBN

Robinson Plc

95.00
0.00 (0.0%)
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 Shares Traded Last Trade
  0.00 0.0% 95.00 0.00 08:00:00
Bid Price Offer Price High Price Low Price Open Price
90.00 100.00 95.00 95.00 95.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Machinery/engineering Diverse 50.53 2.34 13.30 7.31 16.80
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 95.00 GBX

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Robinson (RBN) Discussions and Chat

Robinson Forums and Chat

Date Time Title Posts
31/5/202310:12Robinson..... Engineering835

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Robinson (RBN) Most Recent Trades

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Trade Time Trade Price Trade Size Trade Value Trade Type

Robinson (RBN) Top Chat Posts

Top Posts
Posted at 09/2/2023 22:09 by charo
If power costs fall then customers will seek price reductions.
Posted at 08/2/2023 07:56 by value hound
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.

Posted at 07/2/2023 19:50 by arthur_lame_stocks
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.

Posted at 25/1/2023 17:24 by castleford tiger
MEANWHILE THE PRICE keeps going up.
tiger

Posted at 25/1/2023 09:36 by baner
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.
Posted at 24/1/2023 18:43 by arthur_lame_stocks
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.

Posted at 24/1/2023 10:01 by 1tx
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.
Posted at 24/1/2023 09:19 by castleford tiger
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

Posted at 24/1/2023 08:12 by charo
So on a forward p/e of 10 fair price 50p.
See research note.

Posted at 17/1/2023 09:33 by baner
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.
Robinson share price data is direct from the London Stock Exchange
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