I think you will find this is to do with the employee share plan the share will be still be there .normally on a share buyback they reduce the amount on the market the ones they buy they or don't exist no more ie tear them up as for the share price we are in a bear market and win are holding very good
They have been a shareholder for some time already and they have topped up now.on win's website you'll find an article which suggests that xmas must have been quite good for them.On the other hand,according to Reuter's we cannot hope for a trading statement which could help us a lot to better understand what business is like .
Somebody sold £1m plus of shares Friday or Thursday I saw. Just after they announced a buy back. That surely is a director or an X CEO ? Need to check to see if it might be a large shareholder exiting. Bit of a co incidence they announce a share buyback boosts the price then 1m+ dumped alongside many other director looking 50's and 60k shares around it. Co incidence
The sp movement is rather strange.It looks as if the company itself massaged the sp down in order to be able to buy the shares on the cheap.It wouldn't be a bad strategy and we would also benefit in the medium term.However,all depends on the results.By the way last year they issued a trading statement.Hopefully we'll get some information soon
There is nothing to worry about at Pullman any more. One loss making contract has ended and the other has moved to open book and this no losses whatsoever. All flushed out well before this year end where you will see it start to recover because of that.
Secondly pullman's what left doesn't actually make a huge amount of money c. 3-4m and that's before he costs so not material enough to worry the share price.
The fact is it doesn't trade many shares until Feb-June when year end gets talked about ie those in the know.
Shareholders need to focus on other stuff now like debt reduction and pension deficit as all other revenue and profit is fine it's all contracted or open book so not at risk. They also have far more cash available not records business has gone both from sale and from their large caped they used to consume every year so all roads lead upwards
Remember since birth contracts were 1-5 years long so in theory every year 25-30% come up for renewal so no need to get jittery as this is the case every single year.
Large share options are also out at year end so huge efforts I'm sure will be made to boost the share price like Old CEO did just before he left
They are recruiting again.Is this a positive sign or do they just replace people who have left the company.Anyway if they were on the verge of losing big contracts they would probably not hire anybody.
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