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Could be end next week & they should be decent with a very positive trading statement for current trading - but I am an optimist.You could see your 3/4p but whether you could sell in any volume remains to be seen.
Looking for a minimum of 25% uplift in sp. Last year was 8 December, so only a few weeks to wait
Didn't notice the red spot on the rns, AGM done and dusted. Idiot.
Thanks for the welcome note. With this 5% uplift today, may be a Chinese whisper is talking! with the AGM tomorrow. Most cos. rns a pre agm trading statement nowadays.
Welcome back !Your return may prove to have been well timed if a positive trading update is released to accompany the AGM tomorrow as JG has suggested that our current year should be much better than last year & tomorrow gives him the opportunity, almost 6 months in, to prove it !
of 0.5p so decided to get back in and look forward to doubling my investment within 12 months, or sooner if there is a co buyer out there.
but turned out be a duster nevertheless
I emailed Joe yesterday asking that very question & although he overlooked responding we at least have the results today.Probably as expected with a positive outlook statement, notwithstanding adverse currency conditions.A smaller final divi was unexpected & welcome & my best hope here is for a takeover,at some point (probably when Joe decides to retire) for 25-30p
where the kin results then ?
MrBB Last year it gave us a Notice of Results on RNS for RNS on 25th for FYR. I expect the same this year so as not to be caught with one's pants down. lol
You are tight about Amazon & news of a contract with them could ,at last , create some excitement here.The final for the year to 30/4/17 could be published any time now & I agree that the results are likely to be poor, as was well signalled earlier this year.However,the problem at Mouldings seems to have been dealt with promptly & I am hoping that the divi will be maintained , or even increased, on the basis that we are now almost 4 months into the current year & if it really is going to be stellar ,that should be reported in the outlook statement .Prob here us dealing in volume & 300/400k of shares could be difficult to acquire without pushing the price up on yourself (assuming you wanted a decent hooting here as with Plus .I await the results with interest !
A quick move over from PLUS.!! What we need here is a sale of crates to Amazon, who I believe are moving into Home Delivery of food?This will have a big impact on Ocado and MS. As you know I sold out here sometime ago since I believe the FY results will be disappointing. JG said next year will be stellar, and I agree if he can get Amazon business.Will keep my powder dry and wait 'til FY result. GL
Looks like no news will be forthcoming until Finals although the recent heatwave & recently reported "booming" ice cream sales will have helped Interpack achieve or exceed its targets.Pity we havent heard more about the large contracts due to have started at the beginning of the current trading year.
Solid enough with the problem division having been rapidly turned around & the prospect of a strong 2017/18 year being reiterated ( 5 weeks into the new year).I now expect the dividend to be held & perhaps our SP will be able to recover ground lost ,nothwithstanding the joy of a hung parliament....again
The rumoured tie up could result in more crate orders which togethercwith our new automotive orders could help us move forward positively again.A year end trading update would be useful .
Where have his interesting & informative posts gone ?
JG did give a trading update in todays rns, but only to say next year will be stellar. ? I agree with MrBB in that what he didn`t say is significant. There is still the weak £ v $, and I suspect FY figures will be v disappointing, with a sharp fall in sp. 3putt made a very valid point re: debt mountain, and although the gearing is not a red flag area for me, I think payment of a final divi is questionable. On that basis I have sold my holding, and look to re-buy after FY result rns . JG has lost a lot of credibility with the fiasco of Board appointments and sackings over recent months. However, we have to take on trust what he said in todays rns, and should see a return to c25p sp in 18 months. All IMHO of course. GL all
I started buying at under 10p when JG first became involved,expecting the shake up & diversification which eventually came.The profits warning earlier this ( together with the large bad debt last year) dented confidence & interrupted our slow but steady recovery.My average cost is about 11p per share & the current yield ( assuming held) is just under 6% ( at current prices.I did not & do not expect my investment here to be stellar but as JG diversifies our small group I would hope that he will ,one day, be made an offer which he will accept, retire gracefully into the sunset & ,over time, provide me with some capital growth & a steadily increasing yield.disappointed that a tradfing update was not included in todays RNS as I dont think that one small extra paragraph would have been too demanding on their time & may have comforted we investors that we are back on track & the problem division is beingturned around.The lack of comment could be interpreted negatively.
if it wasnt for that debt mountain I was really interested here, I guess it may be priced in but £5m debt at half year is a no go area for me. Gl all
Very positive news & will hopefully prove your re entry here,CS,to have been very well timed.Pity JG did not see fit to provide a trading update with the RNS,as our year ends in 5 weeks & ,if positive,would have helped our SP recover.
To see staff adverts referring positively to roles within our moulding business but we must remember that it was only the end of Jan the the RNS was issued advising as to how dire trade had been in moulding, culminating in the exit of our CEO & FD & it is doubtful whether JG could have turned it around this quickly.Encouraging to receive the dividend earlier this week & on a worse case scenario that would have been shelved.I am not hopefully of a trading update any time soon but it would be good to know if moulding is in the process of improving substantially.
Sid- this board hasn't been the same since your departure!Another great find suggesting we continue to developed new & interesting markets -although they are asking much of a prospective employee for a modest wage - cleaners( &.no disrespect to them) earn £9-£10 per hour in London.Lets hope JG is son able to announce that we are back on track,thecdivi is safe & a new CEO ( or at least COO) is appointed.
Hope they havent started selling down their stake following the disappointing trading statement.
Directors buying @ these levels is counter productive ,i.e. 100k for JG & 20k for DL-at best a poor attempt to portray confidence .It would have been more impressive & supportive had they bought a few hundred thousand each & if they could announce that senior managers( i.e. those selling their companies to CRU ,for cash & shares) had increased their holdings.Additionally our II won't be impressed & will be unlikely to support further fundraisings unless &.until the damage is seen to be repaired.Pity the statement didn't include more details if the financial implications other than to say that the rest of the group (apart from mouldings) are trading profitably.Only 3 months of the year to go so they should have a good idea- unless they don't.
hardly big deals, probably using proceeds from a bonus or a divi they have had in the past