Redde Northgate Share Price (REDD)

That update was short and very sweet and explains why it has reacted in advance of the announcement. . . some get to know before others. There are some astute directors here too so bodes well and the dividend might go up a little too which would be the icing.
I was in Redde at a good price before 2020 so my resulting slice of the merger pie was a bit reduced but looking healthy now.
Good to see some other holders here at last.

About bloody time - Northgate is the number one van rental business in the UK and has been undervalued for years - maybe we can get a good dividend!?

I sort of agree, but in today's environment steady as they go is a good thing, with a little more on top of expectation. Providing the van hire side of things holds up well and we re-open, there should be some growth to come in the accident management part of the business. Once firing on all cylinders I think this has every chance of getting to £5 in relatively short order. Great to have a dividend along the way as well.

'Based on unaudited results, underlying revenues (excluding vehicle sales) were approximately 51% higher than the prior year, and total Group revenues (including vehicle sales) were approximately 43% higher than the prior year. The increase in revenues year on year is primarily attributable to the inclusion of Redde since the Merger on 21 February 2020, as well as LCV rental and sales growth.'

Effectively this is actually a "steady as she goes"

I think it just looks pretty cheap, even after the rise. Yielding 5% and feels like trading may surprise on the upside.