The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Hi all, does anyone know how much the dividend will be. Thanks
Disappointing afternoon -any ideas why anyone ??
Cheers Rogue
It shouldn’t. There will just be fewer shares at the same market cap.
So the consolidation won't alter the overall value?
Great results, which are reflected in the rapid uplift today (which doesn’t always happen on good news these days). I’ve been banging on about the need for a move to the main market for a long time. Great to see it’s finally going to happen. I appreciate it won’t be good news for those with IHT obligations, but the impending re-rate should give them the opportunity to get out with a good profit and invest back into them AIM market.
Main listing would be brilliant news, more exposure to takeover too
Looks like good news and more good news
Some chunky buys going through now. Someone knows something?
Results Wednesday
GLA
IMO Tarmac probably would not be an option due to the monopolies and mergers ,a number of quarries and plants would have to be divested
Lononer’s suggestion about BAY is interesting those guys certainly do know the time of day in this business
Just my thoughts
G l a
Yes - a take over would be nice as the current management seem to have run out of steam - Tarmac anyone?
A company crying out to be taken over
Great few days pushing here, bought a load more today as well. Let's hope it continues.
If you mean
31-Jan-23 16:35:04 68.50 1,571,416 Buy* 68.00 68.20 1m UT
that was the UT, not a buy.
Another 1m buy today on the bell, as previous, RNS imminent
Holdings RNS imminent, held down today to fill that late 700k buy
ironknut, thanks for the heads up.
This comment is interesting, “It has a good ‘moat’ and is well managed. A mooted shift to America freaked the market but is now off the agenda. If the share price stays like this, someone will snap it up, perhaps private equity with the support of the founders.”
The moat and the management are reasons I invested and continue to hold.
Talk of a move to the American market freaked me out too. The valuations are much higher than UK. I'd see it as an overpriced buy similar to Lagan, which at the last interims wasn't showing the growth anticipated but I'm reserving judgement on Lagan till the finals. I'd be delighted if Breedon has backed off from America.
I don't buy or hold a stock on the basis of a potential bid. But this is an interesting observation. The founders launched a cash shell BAY to repeat the trick they've pulled off with AI and Breedon. I have a small holding in BAY, just to monitor events, but I hadn't considered they might make a bid for Breedon with private equity backing. Not the daftest idea.
When’s the next 2023 dividend dates here, can’t find them
To-day Questor continues to recommend Breedon in the DT. Given his mixed success and heavy criticism from readers of the paper expect the sp to dip.