||EPS - Basic
||Market Cap (m)
Stobart Share Discussion Threads
Showing 1226 to 1250 of 1250 messages
|The Board of Stobart Group Limited, the support services and infrastructure group, notes that Eddie Stobart has, today, published an admission document in connection with its proposed institutional placing and admission to trading on AIM, which is expected to occur on 25 April 2017.
The terms of the transaction value the interest that the Group held in Eddie Stobart at £184.6 million, at the issue price of 160 pence per Eddie Stobart share, and the Group expects to receive proceeds comprising cash of £113.1 million and a retained shareholding of £71.5 million, representing 12.5% of Eddie Stobart's share capital on admission to AIM.
Eddie Stobart is a leading supply chain and logistics organisation in which the Group currently holds a 49% economic interest prior to its flotation. The stake was held at a book value of £54.7 million as at 31 August 2016 and contributed profit before tax of £6.9 million in the year ended 29 February 2016. The Group has no current plans to sell its remaining stake in Eddie Stobart and has agreed to standard lock-up arrangements for a period of 6 months. The transaction will generate a significant profit for the Group and demonstrates the ability of the Group's management team to continue to create value for shareholders. The proceeds will support the Group's progressive dividend policy and increase the scope for adding value to the Group's other businesses through selective investment. The Board will consider the best use of the cash proceeds of the transaction and will provide an update with the Group's annual results announcement on 11 May 2017.
The Board looks forward to maintaining its close working relationship with Eddie Stobart and continuing to support the company as a shareholder following its successful flotation on AIM.|
|Eddie Stobart is being floated by Cenkos shortly. Think this was always a better business than their diversification strategy.|
|Nice finish indeed - 36k in the auction at 209p bodes well for a strong start on Monday too.|
|Nice finish :-)|
|DIVI just arrived|
|Same here tim :-0))|
|Yes it is all still looking good. My best investment of last year.|
|only in a good way Stobart logisstics is held by Stobart as an investment any flotation will crystaliase a profit in that investment but wont affect your Stobart ahares directly.|
|The Board of Stobart Group Limited, has been informed by the directors and controlling shareholder of Greenwhitestar UK plc, the holding company of the Eddie Stobart Logistics business in which the Group holds a 49% economic interest, that the Company intends to seek admission to trading on AIM.
this won't affect my Stob shares?|
|STOB Stobart Group 6 month breakout, 1 year high and see below 5 year high.
Big Director BUY.........http://www.investegate.co.uk/stobart-group-ltd--stob-/rns/director-pdmr-shareholding/201703071722467942Y/
5 Year chart
Stobart Group Ltd. engages in the multimodal logistics, warehousing and biomass fuel sectors as well as operating in the property development, port, airport and civil engineering sectors.It operates through five segments: Energy, Aviation, Rail, Investments and Infrastructure.
Valuation 2017e 2018e
P/E ratio (Price / EPS) 36,5x 24,8x
Capitalization / Revenue 4,71x 2,74x
EV / Revenue - -
EV / EBITDA - -
Yield (DPS / Price) 5,98% 5,98%
Price to book (Price / BVPS) - -
Note, P/E drops to 17.2......2019, which historically looks very cheap.|
|Somewhat cautionary article, if I understand it correctly, by Edmund Jackson on Interactive Investor.|
|Guess there may be some profit taking at this level.|
|Breakout, finally, to next level.|
|This has been a tough resistance level, maybe about time it was broken through?
Just noticed advfn figures for Stobart dividend and yield are out of date and don't yet reflect the doubling to 12p annually. Making current yield 6.25%, reason enough for the shares to be rated higher.|
|certainly has skin in the game, I like it|
|And now he has bought a subsequent 25,000 shares, also at 190p.|
|Nice director purchase by new deputy CEO Warwick Brady, ex easyJet (see post 828 above) of 27100 shares at 190p.
Over £51,000 worth.|
|Yes it's been a great start to 2017 here, added some more to the income folio.|
|Yes and one of my largest holdings too.|
|Very keen on this share long terms holder.|
|Market seems to like this news :-)
RNS Number : 7723R
Stobart Group Limited
14 December 2016
14 December 2016
Stobart Group Limited ("Stobart" or the "Group")
Deputy Group CEO Appointment
Stobart Group is pleased to announce that Warwick Brady will join the Group on 3 January 2017 as Deputy Group CEO. It is intended that Warwick will join the Board following the Group's Annual General Meeting in June 2017. Warwick was Chief Operating Officer of easyJet plc until 30 September 2016 and has extensive commercial and management experience which will be extremely valuable to the Group, as a whole, and its Aviation division,|