Stobart Group Ld Share Discussion Threads

[garycook] 08/3/2019 11:23

There must be a Trading update due,regarding the next dividend ? Anyone have any info on this matter.Checked the STOB website Re Investors,but nothing.Last years Trading update with dividend was announced on 08/03/2018

[gaffer73] 22/2/2019 11:10

Ahh that's what happened.

[gaffer73] 21/2/2019 17:01

What's happened here then?

[gaffer73] 15/2/2019 17:36

Though this would have stayed above 150p at least!

[gaffer73] 15/2/2019 12:14

Hopefully this is the start of a move back to the 200p mark.

[minerve] 15/2/2019 11:59

Thank you. Same to you and good luck! ;)

Just Flybe to resolve.

I am concerned that Stobart may have just taken on the same problems that Flybe failed to resolve. I am just hoping that the airports, civil engineering capability and Virgin connections can deliver pricing power where perhaps Flybe failed. It is a concern though and I would encourage all Stobart investors to observe Flybe accounts and profit history.

[whatsup32] 15/2/2019 11:52

Well done Minerve. Good judgment

[minerve] 15/2/2019 11:39

"A further hearing will take place in due course for the Court to consider what relief the Company is entitled to receive from Mr Tinkler arising from the breaches of his fiduciary and contractual duties to the Company. "

Oh dear. Rather him than me. LOL

[gaffer73] 15/2/2019 11:26

Yep that's it and it's all they needed.

[petewy] 15/2/2019 10:35

HCJ issued today.
the removal of Mr Tinkler as a director of the Company on 7 July 2018 (following his election at the AGM of 6 July 2018) was valid and effective.

Is that it?

[petewy] 12/2/2019 18:28

HSBC Holdings plc. They set a "reduce" rating and a GBX 138 price target.

[mhin2] 19/1/2019 19:13

Why did Tinkler sell 14% of his holding in Stob, but take a (over) 12% holding in Flybe? Is todays leaking of threat of legal action against Flybe by Hoskings part of a counter offensive...Will stob be implicated in a conspiracy to defraud?

[bluemango] 18/1/2019 13:41

genierub. Perhaps this resolves your apparent confusion:

"Stobart Group also announce the subscription of 16,492,884 ordinary shares of 10 pence each in the company by DLP Holdings, a company owned by Cyrus Capital Partners, at a price of 150p per share to raise approximately £24.7 million. This represents 4.65% of the of Stobart Group."

10p is only the nominal or par value, of all Stobart's shares. The actual price paid by DLP/Cyrus in this subscription was 150p per share.

[minerve] 15/1/2019 12:14

I'd personally be happier if they dropped the dividend altogether.

[fenners66] 15/1/2019 08:33

GARY I take it that is a cut and paste quote rather than your analysis ?

It seems to think the dividend cut was one qtr - whereas I believe it has been permanently reduced.

Never thought it made sense to spend all the cash on dividends so not surprised at all.

[bluemango] 15/1/2019 07:41

Significant increase in holding revealed by major shareholder Invesco.

Up from 25.08% to 26.29%.