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Agree Oldbadger, the decisive break through 170p means its a lot easier to be patient for a trading update. Some great links added in last couple of days. Chequemate --> is stockopedia worth the money? I have been to a presentation and it looks very good but i already use sharescop to mine for stocks and frankly could not be bothered to learn another platform. Interseting comment also this being quite a sleepy chat board. The guy at stockopedia had one slide in his presentation. it charted volume of message board chats vs returns over a year and there was a completely inverse relationship. the more chat and discussion the lower the return!
Hi Chris, how do you know trading update is next week? lse.co.uk has nothing in the financial diary!!
Hi Oldbadger, Today is push through day!! I am a holder here whilst Photome see the benefits from their booths taking off abroad (and possibly at home) and i am really excited about the return profile of the laundry business. the next several trading updates over the next year or two will make very good reading in my view. pick these up in the 170p region before its too late . . . . . with the divs these guys offer they will be very attractive to institutuional invetsors once they get into the FTSE 250. at market cap of 650 today they look to be able to qaulify as approx number 240. At 180/185 i think their case for inclusion will be solid. this will obviously have the added benefit of funds having to hold them to track the FTSE 250 index.
apologies oldbadger! Posted in a rush. I was busy topping up. expecting we break above 170p soon with or without trading update. I expect the laundry business will super drive cash flow and therefore divs . . . and then the share price. sit tight its coming!
oldbagger - thanks for this. I had an idea this was being trialled in France but did not know if was scheduled to be in the UK too. very interesting.
Hi Oldfool13. I made the conclusion that an early trading update was due too. However do you think we got one last year purely because of the significant uptick in Japan (and therefore potentially earnings enhancing)? or are we genuinely scheduled an update?
yes its quite a big rise considering no news
so the CEO has bought 2 lots of £3m (£6mil in total). i think they can see internally that the laundry business will supercharge returns. if i remember rightly PHTM pay out all cash over a ceratin reserve (£50mil or something like that). so as soon as they have a good year or they expect above long term average returns they will start to pay (much) bigger dividends. also from a while back do i remember rightly that at around the 190p level this is a FTSE 250 candidate? i wonder whether the CEO has taken a view that if they execute as planned PHTM will get there in 2017? A short synopsis on how i am seeing it. opinions welome . . .
Hi Rock would we expect a trading update in Jan too? to give us an indication of Xmas trading?
Does anyone know much about scrip dividends? Are they a good idea for private shareholders? Notice of Dividend OPG (AIM: OPG), the developer and operator of power generation plants in India, announces that its maiden dividend, an interim dividend of 0.26p per share, will be paid on 16 February 2017 to shareholders on the register on 30 December 2016. Ex-dividend date is 29 December 2016. There will be a scrip alternative, based on a reference price calculated on 5 January 2017 and announced on 6 January 2017. A scrip circular, scrip election form and EGM circular (to approve the scrip alternative) will be despatched to shareholders on 10 January 2017 and the EGM will be held on 25 January 2017. Subject to shareholder approval, the last date for the scrip election will be 1 February 2017. A timetable for the key dates is set out below: 20/12/2016 Dividend announcement date 29/12/2016 Ex-dividend date 30/12/2016 Record date 06/01/2017 Scrip reference price announced Despatch of scrip circular, scrip election 10/01/2017 form and EGM circular 25/01/2017 EGM 01/02/2017 Deadline for scrip election Dividend pay date, CREST PAY instruction 16/02/2017 and despatch of scrip documents
£3mil in from CEO! Trading announcement on 8th Jan. starting to look very positive indeed!
does anyone know why this has broken above 1600p?
From the June trading update. . . The results from the units in operation in France, Ireland and Portugal remain extremely encouraging with takings during the period averaging €1,282 per unit per month across the operating estate. For the full year, the turnover of the entire laundry business units was £11.8m (including a contribution of £1.2m from Fowler(UK)) (2015: £6.3m), which has more than trebled since 2014. Laundries represented 13% of total turnover in France, 47% in Ireland and 52% in Portugal.
Hi All, any idea why we have come back 50p in a couple of days? every sharp decline so far has resulted in a grind back up. normally occurs due to a seller and not anything else like poor update as we have not had one yet. Just wondering if anyone knew anything on this as this looks a solid top up price.