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Legend, thanks
Redde had 306,868,351 shares, exchanged at a rate of 0.3669 for new Northgate shares.
Following Completion, Northgate Shareholders will own approximately 54 per cent. and Redde Shareholders will own approximately 46 per cent. of the share capital of the Combined Group.
Thanks Monkshood, any idea of dilution percentage? Lots, 000s, of RNS from that time.
But of a dip this morning but picking up now. You may have seen Richard Leonard’s interview on PI World where he is very positive on Redd. Cheers
Yes, early this year when Redde and Northgate merged.
Morning all, new to this board. Does anyone know if there have been previous dilutions of this share? Thanks
Which is now looking like it may be a mistake....
I was surprised that Redde was down 10% in Oct (from Sept) it is likely to be down even more during the lockdown in Nov.
They also flag that there is the potential for a negative short term impact from a no deal brexit,
I think that longer term this still has potential but I have reduced until the brexit deal outcome is clear.
They are for H1 of Financial Year 2019 - 2020 and H1 of Financial Year 2020-2021 - in shorthand H1 20 and H1 21.
I don't understand their figures, they show columns for
H1 2021
H1 2020
Is that the H1 2021 a mistake?
Redde business continuing to suffer from reduced traffic volumes and amortisation costs which I didn’t foresee; but overall, my views have not changed about the future potential of this business.
A bit late now, but if my numbers are correct, anyone who sold today is going to regret it. I spent quite a bit of time trying to predict their results and have a nice average around 190p. I have been looking forward to tomorrow since September. They are my biggest holding. Just for the fun of it...
Revenue: £594m
Net income: £33.6m
Interim dividend: 6.1p
Assets: £1,792m
Equity: £871m
Cash: £16.8m
Probably miles out! lol.
traders' play? what doesn't break upwards "sell"
the retrace was v shallow before, so may want to retest 235p area
And a strange drop today? Expecting good results? Have I missed something (again?!)
disappointing retrace
bought more @240ish...belch
tp £3++
Apologies for the confusion. It looks like the system I use has got the wrong info:-
Upcoming Events for REDD
Show recent events
Friday, November 27th 2020
Half Year 2021 Redde Northgate PLC Earnings Release
Tuesday, December 8th 2020
Half Year 2021 Redde Northgate PLC Earnings Presentation
As Warno says the RNS states 8/12
I'm confused, I thought interims were on the 8th?
The RNS came out on 16th Nov saying for 8th December.
Monks do I have the wrong data..I just doubled checked:-
Friday, November 27th 2020
Half Year 2021 Redde Northgate PLC Earnings Release
Tomorrow? They are on the 8th Dec.
Top up time
Expecting excellent results tomorrow
The revised offer for ELM is pushing this higher, thus Redd moves down the list and the price drops.
If ELM does go up and then get taken over, there will be a slot - it does mean that Redd's intrims will come into play more though.
here comes your retrace
what do you reckon 225ish?
At the moment it is tussling with ELM and MSC for a move up, it only needs another 4M on its MCap to gain a slot.
If the big boys want it up, then up it will go.
PS Analyst fundamental estimates on EDITBA, Rev etc look very strong and brokers median target is 306 (highest 407) from 6 brokers 3 with BUY 2 with outperform one with hold...rarely do I see a stock like this that ticks all the boxes
I think you might be surprised..the RSI & CCI showing overbought together doesnt really mean anything. They are more so confirmation indicators and in this context they are merely confirming the strong uptrend. The chaikin is strong and the MACD is about to cross, which will be a BUY indicator for many. Candlesticks showing both bullish 3 line strike and the last 4 days is close on a MATT HOLD etc etc
I wont be selling this until its over 300