Member Info for GoldAnOil

The SP has been trickling down for the past 4 years or so!

...the bottom feeding rampers when you need them?

...here, with an average of around 230p, I must say that the dividend has always been the saving grace.
The increasing costs are a worry, especially the talk of 50 more shops this year. In my nearest town, there are 5 stores, 3 within a couple of hundred yards! I rarely shop in town these days, but on my recent visits all the stores were reasonably busy, but then again it was Christmas.
Perhaps it's time to maybe reign in the cost of having so many stores in close proximity and concentrate on cutting costs.
Also the venture into Australia is doomed IMHO. I have family in 3 cities and they all say the same thing, ' Australians just don't do cards like the Brits do'. I hope that the marketing team know more than I do, otherwise it's could be another disaster. We never get even a Christmas card from the miserable bu**ers!
All in all, a big let down. I was expecting a slight upturn with the Aldi deal, but sadly, Aldi seem to concentrate on low cost offerings, so maybe there is little profit there.
With my average, I'll have to ride it out and may even top up at this level to bring my average into the new trading range.
Got to say though, without the dividends, not a lot to hold on for.

Are you sure you're on the correct board?

dnp:
Yes, I'm sure you're right about the price early on, I couldn't get in at all. I was going to buy but HL couldn't give me a price, said I'd have to trust them to buy at the best price. Passed on that!
Still a nice return for some though.
I'm in here, and Bovis, long term for as long as the dividend is maintained. It's my pension!

...seems to have stabilised around 170p so anybody lucky enough to get in early, (many couldn't), will be showing a nice return.
Think of it as an IPO, it is after all a new company, with a launch price of 103p.
Those who bought today for the first time should be happy, the long term holders, will be more circumspect. My average was around 900p, having bought between 300p and 1200p! Overall, I'm showing a small profit, but will hold for now until the Bovis Ex Div effect diminishes and gives a truer picture. #
My feeling is that both companies are better placed and should profit doing what they both do best.

I agree Ginger, that is the big IF!
Sadly, we don't have the benefit of knowing for sure what will happen, it's a matter of faith in the new BoD and hoping they make the right decisions.

As of now the Mkt Cap is £192,122,535

My earlier post!
Bovis shares are NOT included in this SP.
You had to have bought before today, at the old price to qualify.
This SP is for the 'New' Construction business ONLY.
Perhaps you need to do more research before comming your hard earned to the stock market!

dnp:
The 'New' company have said that they will pay a dividend based on the figures up to 31st Dec, published this month hopefully, and have pledged to maintain the divi.
Bearing in mind that the construction business has had a few disasters this year, I don't expect much. However, going forward the prospects are good IMHO.
We now have a construction focused BoD who will (hopefully) not repeat the mistakes of the past. They have pledged to avoid fixed price contracts and concentrate on areas they know to be profitable.
It is still a risk however, the next few months will be crucial, but with the new government, pledged to spending on infrastructure, I think we are well placed to capitalise.
We are well funded, experienced and have a proven workforce.
Certainly a good long term prospect IMHO, but could prove profitable for a trader with good timing!

dnp:
It's not just Halifax, HL have now 'Lost' both my Bovis and GFRD shares from both my accounts. I can only deal by telephone!

Bovis shares are NOT included in this SP.
You had to have bought before today, at the old price to qualify.
This SP is for the 'New' Construction business ONLY.

Mine are in my HL accounts now.

No problem, it's quite complicated for existing holders, but anyone buying today should do well.
It is. in effect, an IPO, but with cash in the bank and a good order book.

dnp:
It's worth what people will pay, but as there are only around 111,000,000 shares in the company, and we've just received £300m from Bovis, plus having over £1b on the order books, I think there's a bit more in it!

BRB1;
I wish!
We've divested the house building business, the value is for Construction!
It is all about the 'New' business and what the big players think it's worth.

Well, simply, GFRD have sold the house building business to Bovis.
This SP is for the remaining construction business that is 're-launched'this morning.

dnp:
Can't believe you asked that!

Those who managed to get in at 103 will double their money today!

What drop?
184 to buy!