Robinson Share Discussion Threads

[ed 123] 23/8/2017 13:54

Castleford Tiger.

Support? I think the family hold over 30% of the shares, so you're unlikely to get any change. As you'll probably know, there's a very long history here and many family members hold shares. The business is part of their identity.

The dividend is a 'problem'. The family like it. It pays c 4.8% pa at the current share price (115p). If they sell the business for cash what will replace that income?

However, there is a chance that, when the property value has been realised, the family may decide it's their best time to check out .... but they won't be pushed.

If no sell out and no big shareholder return on the sale of the property, then the cash will go to growing the packaging business. They've had some good products in the past. With such a small company, if they do design something novel and commercial, it could make a big impact on their figures.

[overmars] 23/8/2017 13:35

Enough is enough. Time for a change

[castleford tiger] 23/8/2017 09:13

buying close to 120p now.
Maybe if a get enough I can gather some support to push some changes here.
Apathetic is probably the right word for current board
tiger

[bookbroker] 23/8/2017 08:09

All they are doing is running up the debt!

[castleford tiger] 23/8/2017 07:48

Certainly needs shaking up that's for sure.

Tiger

[bookbroker] 23/8/2017 07:47

As expected, the sooner this company sorts out the surplus properties and then liquidates itself the better, has no future as a minnow, directors just running this to keep themselves in jobs, a thoroughly dull bunch of crows with little imagination, companies like this have no future, needs someone to reverse in to it to utilize the listing!

[dozey3] 23/8/2017 07:42

Out today, and pretty underwhelming.

[dozey3] 22/8/2017 22:32

Does anybody know what has happened to the interims? Due on 22nd August according to the website and Sharescope. Delays without warning are not generally good news; nor are delays with warning.

[castleford tiger] 16/8/2017 09:53

MANAGED a few more today.
Not sure why its always 3000 but that's what was offered again. Today at 131.95 so inside market price and my cheapest for some time.

Got a nice holding here now but looking for another 30-50k shares which will be in small chunks.
Yield of 4.25% makes it ok till this turns the corner.

For the record the next batch today were at 135p so very little available.
Tiger

[castleford tiger] 29/7/2017 08:13

hxxp://www.chesterfield.co.uk/developments/walton-works/

[castleford tiger] 29/7/2017 07:39

Buying price did nudge up.
I bought at 1.39 spread was 135/145.
No more available at the 139p mark but still within spread.
Seems to be stock about as on the other side there were few takers.

I think there is value here and some dividend to boot.

The property play is also in the mix. A slow first half but I expect a stronger 2nd half.

tiger

[ed 123] 28/7/2017 18:33

Ta, Castleford Tiger. :-)

[castleford tiger] 28/7/2017 16:46

that's me I guess got another 5k yesterday.

keep nibbling
tiger

[dozey3] 28/7/2017 16:04

Surge in volume on Weds 26th but no shift in share price Interims due on 18th of August according to Sharescope, but we really need news on the disposal of land to get things moving in the right direction.

[ed 123] 27/7/2017 17:46

Are you expecting good news?

[castleford tiger] 27/7/2017 17:26

picking up stock at sub 140p.

nice its there
Tiger

[rhomboid] 14/7/2017 12:06

Obviously someone from Heritage England is a keen stock market investor then..

Re Directors I'm the same but I'm working hard to eradicate bias , but still work in progress, o/t ps I've messaged you on Twitter

[cockerhoop] 14/7/2017 12:01

Yes, i'm hanging in. I've an unfortunate character trait that makes me more loyal once I've met the directors :-)
I did though get the impression from the Agm that H2 & 2018 would be operationally improved and investments are being made. Ironically I thought the property angle had slowed up but they now seem to have Heritage England onboard.

[rhomboid] 14/7/2017 11:51

Nice to see you're holding on ch 🙂 I sold out during a recent pruning exercise to raise funds to buy into Molins, I keep watching events here as I'm fascinated to see how property upside arrives

[cockerhoop] 14/7/2017 11:48

Seems to been someone who only accumulates on Fridays! (no trades since last week) in blocks of 2,500 to 3,000 shares.

Looks like no stock available now, couldn't get a quote for 1,000 whilst 140 offered for 10,000.

[dozey3] 08/7/2017 17:34

Just noticed a tiny tick up in the share price which is quite something for such a moribund share. Interims are still over a month away but could this be just the first indication of some good news leaking out for once?

[charo] 26/6/2017 14:55

Looks like vastly overpaid for maddox.