Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
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.
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 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!
The problem is that as 'New' share, there really is no price other than what people will buy or sell for.
That's why so many auctions and volatile prices. I think this will settle down over the day.
For new buyers, it could be big!
johndean:
You haven't lost anything, my combined holding in Bovis / GFRD is up £1485 from last night's close when it was all GFRD.
If you really aren't sure what's happened, read the prospectus or talk to your broker. It has all been well publicised.