Rok Plc Share Discussion Threads

[warwick69] 08/10/2010 15:55

yes but since that article was written 4 directors have purchased quite a few shares so must be looking better now for them to have confidence.

[jeavom] 08/10/2010 13:47

This article may be of interest:

[jeavom] 08/10/2010 13:44

I agree with you ThorpeMatt, it's very poor and raises substantial questions over the management's general ability to make a success of ROK.

[argylerich] 08/10/2010 09:05

Wow fivefive! I'm in awe of you, please, please, impart more wise words on our humble discussion thread.......

[thorpematt] 07/10/2010 19:37

2010
Panmure Gordon 06-10-10 SELL £12.50m 5.28p 1.49p
Arbuthnot Securities 06-10-10 NEUT £13.20m 5.40p 1.50p
KBC Peel Hunt Ltd 05-10-10 SELL £12.96m 5.32p 1.50p
Numis Securities Ltd 17-08-10 BUY £13.40m 5.40p 1.50p
Evolution Securities Ltd 17-08-10 ADD £14.00m 5.00p 2.00p
Consensus: £13.18m 5.29p 1.59p
1 Month Change £-0.02m 0.00p -0.01p
3 Month Change £-6.61m -2.83p -0.81p



2011 Broker Date Rec Pre-tax EPS DPS
Panmure Gordon 06-10-10 SELL £14.20m 6.01p 1.49p
Arbuthnot Securities 06-10-10 NEUT £16.00m 6.60p 1.70p
KBC Peel Hunt Ltd 05-10-10 SELL £16.36m 6.72p 1.60p
Numis Securities Ltd 17-08-10 BUY £16.00m 6.50p 1.80p
Evolution Securities Ltd 17-08-10 ADD £16.50m 5.60p 0.00p
Consensus: £15.80m 6.31p 1.64p
1 Month Change -0.00pm 0.02p -0.00p
3 Month Change £-5.67m -2.56p -0.82p

[peter27] 07/10/2010 16:57

had i bought at 15 or 16 i would be taking a quick profit around 20/21 so that may be holding back the rise. failure to rise feeds on itself!!

[argylerich] 07/10/2010 16:31

Doubt it's the spending review, they're always hot air in the end, as spending always get shifted sideways to look good on paper. Maintenance and improvements are legal obligations at the moment. It's the new stuff that will be affected most.

Tis most likely just simple distrust from the City until the banks accountants have concluded their audit and the next few years banking facilities are in place.

Chocolate buttons tomorrow :)

[stigskog] 07/10/2010 10:57

Does anyone else think that it is the spending review on October 20th that is holding this stock up ? how bad can it be ? 7% reduction in business from councils per year ?

[philjeans] 07/10/2010 08:36

No - we're off the bottom now and rising.

Miles to go.

[warwick69] 07/10/2010 08:11

testing recent highs looking for a break out i am with the directors 4 all buying together you dont get a better buy signal than that imo

[philjeans] 06/10/2010 15:02

Exactamundo my son - follow the boys in the know!

[haywards26] 06/10/2010 14:01

Motley Fool article snippet;

Directors Are Buying Shares Again

Rok (LSE: ROK.L - news)

Rok (LSE: ROK) shares plunged in August when the building services group revealed it had uncovered "serious failings" in the financial controls in one of its divisions, and suspended -- then subsequently vindicated, only to lose to resignation -- its Chief Financial Officer.

Despite this turmoil, chief exec Garvis Snook felt confident enough to spend £50,000 on 250,000 shares in mid-September, paying 20.25p per share. On Monday he bought another 200,000 shares for 19p, this time being joined by new CFO Sean Cummins, who bought 210,000 shares for 18.75p, and two non-execs who bought just over 100,000 shares between them. The shares rose over 10% on the announcement of these purchases to 20.25p.

Back on 30 September, Rok said it had satisfactorily completed its review of its rogue division, and that it was on track to meet market expectations for the year. These expectations put the shares on a P/E of less than 4, and a yield of 9%, so Rok is a clear bargain if the directors' faith is well-placed.

[argylerich] 06/10/2010 13:48

Back to sleep here for a while now. Next management statement not due until Nov and the accountants may not even have started yet. Just hopefully boring business as usual for the next month.

[philjeans] 06/10/2010 08:12

Just cracked 20p then.

Nice.

On to 30p.

[qipincha] 05/10/2010 16:52

may I ask how to add an image in post?

[tom.muir] 05/10/2010 16:21

kimboy - sadly the CEO sold some shares a while back to fund his divorce .

[philjeans] 05/10/2010 15:36

silly voddy!

Try another SHORT - see how it goes.

LOL!

[kimboy2] 05/10/2010 14:45

I always think the creme de la creme of director buys is if the CFO's wife buys.

You can be certain you are on a good thing then.

[aaainvestment] 05/10/2010 14:40

I wold not be surspised to see more directors buys to help the share price on its way, it was clear that the BoD felt responsible for failing to spot the lack of control in the disgraced division.

The CEO has said he needs to prove to investors that the company is a winner again and build trust - I suspect he will feel duty bound to show a lead - we'll see. Not forgetting that they are an excellent buy at current prices

All IMO, DYOR

[vod999] 05/10/2010 14:35

peanuts still a big sell

[jeavom] 05/10/2010 14:27

The clustering of director buys is a very good sign, especially as they are of a good size.