Congratulations Plumpicker, thats just about the stupidest comment I've read on here since joining.
I'm liking the attention this share is finally getting.
Nice little rise today. Seems like this may be the reason; Proposed Firm Placing and Placing and Open Offer at 32 pence per New Share The Board of The Innovation Group plc ("Innovation" or the "Company") announces today that it is proposing to raise gross proceeds of £67 million (approximately £65 million net of expenses) by the issue of 209,375,000 New Shares by way of a Firm Placing and Placing and Open Offer at 32 pence per New Share. · Approximately £33.5 million will be raised, before expenses, through a Firm Placing of 104,533,556 New Shares; and · Approximately £33.5 million will be raised, before expenses, through a Placing and Open Offer of 104,841,444 New Shares. The Issue Price represents a discount of approximately 5.2 per cent. to the Closing Price of 33.75 pence per Ordinary Share on 20 February 2014 (being the last Business Day before the announcement of the Firm Placing and Placing and Open Offer). Investec is acting as sole bookrunner on the Firm Placing and Placing and Open Offer. The New Issue is being fully underwritten by Investec subject to, and in accordance with, the terms and conditions of the Underwriting Agreement. The New Issue is conditional on, among other things, the approval of Shareholders at a General Meeting to be held at 9:30 a.m. on 13 March 2014. Details relating to the General Meeting will be contained in the prospectus concerning the Firm Placing and Placing and Open Offer (the "Prospectus"). If the Resolutions are passed and the other conditions to the Firm Placing and Placing and Open Offer are satisfied, it is expected that dealings in the New Shares will commence at 8:00 a.m. on 14 March 2014. It is intended that the Prospectus will be sent to Qualifying Shareholders next week. Further details of the Firm Placing and Placing and Open Offer are set out in this announcement and in the Prospectus.
Gentlemen. I have been looking to invest in AGA for some time now but I just want to ask a question to people that have been in this share for a while. What do you consider the main reasons why the share has not reached its highs before the crash? Thanks.
Another rise today, this share is a nice gradual climber.
More good prospects for this company; - Full-year dividend to be raised - Annual profits expected to be in line - Customers and services grow in Q3 Telecom Plus said it will increase its annual dividend by 13 per cent to 35p as the utility services provider is confident of achieving profits in line with market expectations. The company, which supplies gas, electricity, internet and mobile and fixed-line phone services, saw customers grow to 18,429 in the third quarter from 18,439 last year. The number of services provided increased to 81,429 from 55,488. In the past 12 months, the number of services provided to residential members rose by more than 300,000, representing year-on-year growth of 21%. In November, the group introduced its new Gold Bundle package with the proportion of new members taking up core services of gas, electricity, home Phone, broadband and mobile more than doubling to more than 20%. There was also an increase in the proportion of new members choosing to switch their energy services over to Telecom Plus. Opus Energy Group, in which the group has a 20% equity investment, is performing ahead of budget and is on track to deliver record turnover and profits for the current financial year. During the period the company completed the acquisition of Gas Plus Supply and Electricity Plus Supply for £218m. Activity in the distribution channel bounced back strongly during January after a traditional Christmas lull, with the number of new members joining in the month around 25% ahead of the corresponding period last year. "This uplift has been driven by a number of factors including the continuing widespread public focus on the cost of energy bills, a continuing difficult economic climate, record distributor attendance at our nationwide series of motivational seminars held each January, and a strong positive reaction by distributors to our recent promotional activity," the group said. "We are delighted that this momentum has continued into February, which augurs well for our ability to report further strong organic growth for the final quarter in due course."
Nice little rise today. "Babcock was rising strongly after announcing its joint venture (JV) had been appointed to Network Rail's two billion-pound National Electrification Programme. The JV, between UK engineering groups Babcock and Costain and French transport firm Alstom, will be one of the four suppliers to help Network Rail to electrify more than two thousand miles of Britain's railway over the next seven years."
hehe, cheers.
This is one of those shares that I never feel I have to worry about. Even when its a little low, you always know its going back up again soon continuing onits steady upward path.