Member Info for Hardboy

It was a very big volume the other day

It was the Italians. They now own over 25%. I feel a bid coming.

I wonder if the Italians are buying more.

He's bought some more.

It probably included the Bosch shares

The majority of increases in costs will be project related rather than overheads.

"I’d rather they didn’t publicise anything until Trading update"

If a PLC has knowledge that would affect the share price they HAVE TO publicise it - they can not pick and choose when to announce things or hide things away till it suits them.

No thoughts of adding. I had set myself a target of 640 to sell before the deal goes through. I'd revisit that if I had an idea of when. It's tantalisingly close, but never quite made it.

I have bought into Ramsdens after their recent dip. Looking at sales, profit, dividend, and NAV progress over the last 4 years it looks to be heading in the right direction for sure.

Good luck.

Everything got approved, but I'm not very impressed with the timetable briefing: "Likely to complete in the send half of this year."

Just skipped through it. All very positive. Not sure comparing it with the defence sector is particularly useful. And it took them ages to get round to talking about Nexus, which they suggest will be launching this month. (Sunday or Monday?) Should help.

Closed at an all time high on Monday and has slid significantly since. I'm guessing ths is just profit taking.

No problem.

The scheme timetable is frustrating, but what is expected. Until the court hearing and EGM are done there is still uncertainty. We will have to wait at least another month to know the timetable.

If, in that time it goes about 640, I will probably sell and go.

Ramsdens up & down a bit today. but not shot off too high. I shall keep watch.

Thanks for your very useful analysis, Lord.

On gold I went to the AGM of Black Rock world Mining recently and they spent some time talking of gold. The reason why gold has been so strong over the last 3 years is because central banks around the world have been buying it. (Interestingly the nation's central bank which bought most in 2024 was Poland. Not sure how that information can be used for gain, but still interesting.) I suppose while there is an increased expectation of conflict that trend may continue.

I am with you on buying companies when undervalued, though Ramsden does not look over valued on fundamentals despite being at an all time high.

If I take a punt it may be a small initial investment, then follow more closely. (No matter what my intentions I always follow shares in which I'm invested more closely than ones in which I'm not.)

Their interims today look excellent

Agree, my Lord, normally with takeovers I like to take the money early rather than wait what can be a very long time to make some small extra %, and of course possibly see something go wrong. In this case I can't really see things going wrong, and that 2-3% (include dealing costs if you sell rather than wait) maybe worth waiting for..

Must research Ramsdons

The placing and retail offer are set at 33p. It closed tonight at 33p. Will people buy it in the placing when it could be cheaper to buy on the open market?

Seems a dangerously close price to set it, unless of course they have all the placing subscribers set up and don't care too much about £0.5m from retail.

I stayed at one othe Premier Inns in Leeds a couple of 2weeks ago - I had not problem with the website.

It's quite nice to have people quoting your words but what was the point of that post?

No real mention of timescale - just that there would have to be another General Meeting to vote on the take over.

I went to the AGM today. I expected a lot of private investors asking lots of questions which would be subtly avoided. There were only 3 of us PIs, and one had not heard the news of the offer! The place was full of brokers and lawyers, and we PIs were ignored a little bit. I sat next to the CFO, who was quite chatty (she must wonder if she will keep her job.) I did ask her about Ramsdens. She thought it was a well run business, with a slightly different focus, and geographic reach than H&T. She thought they did more Forex.