Stobart Group Ld Share Discussion Threads

[petewy] 05/9/2017 11:18

Interesting trading statement:


Marking time.

[ridicule] 05/9/2017 09:31

I agree this_is_me. The market will cotton on before much longer.

[this_is_me] 05/9/2017 07:51

6% dividend secure until 2022, increasing turnover and eps.

[ridicule] 25/7/2017 14:12

Davidosh. Thanks for the heads up. Cannot make it I am afraid but would appreciate any feedback.

[davidosh] 21/7/2017 13:58

Stobart are presenting at my Mello High Yield event this coming Tuesday and i have three places left if any of you are interested ?...mellomeeting.co.uk

[bluemango] 29/6/2017 09:34

From today's AGM statement:

'The Board reaffirms its intention to maintain the increased level of quarterly dividend payments to reflect the cash generation of the Group. The Board expects to pay a dividend of 4.5p per quarter, starting from 7 July 2017, representing an annualised dividend of 18p.'

[petersinthemarket] 16/6/2017 20:10

Ref treasury shares - are they available for re-issue or cancelling at the company's whim?

[panic investor] 30/5/2017 10:17

good information guys

[typo56] 30/5/2017 10:12

bluemango, those dates are correct for the annual review, but Stobart entered the FTSE 250 today as a result of HGG being delisted. If you check you'll find STOB is now trading in sector 25FS - i.e. the FTSE 250.

Roger Aitken (Forbes contributor) is a bit behind the curve!

[bluemango] 30/5/2017 09:05

"... a decision which will be made based on the market capitalization of companies at close of trading on Tuesday 30 May and be communicated after on Wednesday.

The changes themselves are effective after market close on Friday 16 June, for inclusion from the start of trading on 19 June."

"According to indicative positions communicated by the LSE last Thursday, FTSE Small Cap companies or new entrants eligible for potential entry into the FTSE 250 Index include FDM Group Holdings; Melrose Industries; Sirius Minerals, Pershing Square Holdings (new entrant), Stobart Group (new entrant) and TBC Bank."

[robertx1] 27/5/2017 22:13

OK, I thought the change over took place on the 19th, however I'm no expert on these matters. I also hold shares in SXX which is also entering the FTSE 250 and all the talk on that BB (LSE)is about 19th June. Whenever it is, I would think it will add some impetus to the share price as tracker funds buy in. I've doubled up on STOB recently, my portfolio is spread between STOB & GVC (for the dividends) and SXX for growth.

GLA.

RX1

[typo56] 27/5/2017 20:24

No, but they will be in the FTSE 250 when the market next opens. They were top of the reserve list when it came to replace Henderson Group. Usually there's a lot more volume in the closing auction prior to entry, typically up to 1% of the shares in issue, as I expect we'll see on 19 June for stocks in the annual review.

[robertx1] 27/5/2017 19:31

Stobart are not in the FTSE 250, currenty they are in position 307, hxxp://www.stockchallenge.co.uk/ftse.php,
RX1

[panic investor] 27/5/2017 12:15

I doubt the market misses anything these days

[typo56] 27/5/2017 12:00

Here



I am surprised there wasn't much volume in the closing auction yesterday. That's very unusual for index changes. I wonder if the market missed this one, or missed the fact that Monday is closed.

[panic investor] 25/5/2017 10:46

where was it confirmed ?

[neilyb675] 25/5/2017 06:46

Could do with an updated header really...

[typo56] 24/5/2017 18:02

It's confirmed. FTSE 250 from 30 May. Expect to see a high volume in the closing auction on Friday (26 May).

[neilyb675] 23/5/2017 22:52

WOWOWOWOOWOWOWOWOWOWWOW, loving this a lot

[nfs] 23/5/2017 16:27

And a great income while we wait

[nfs] 23/5/2017 16:27

I bought in recently, strong assets, enough savvy management and I like the idea of developing Southend airport, if you live to the east of London it could become a Luton at least

[petewy] 23/5/2017 15:57

I'm not selling. ( I just said that on PRSM)
It looks set a steady rise to 300p

[neilyb675] 23/5/2017 12:15

Love it✔