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If we can breakthrough 15p there really is little selling showing on L2. Currently 2555k v 660k Come on LONR !
The Company was advised on 4 October 2010 that four directors purchased ordinary 2p shares (Shares) in the Company on 4 October as follows: Garvis Snook, Chief Executive - 200,000 Shares at a price of 19.0p per share Sean Cummins, Finance Director - 210,000 Shares at a price of 18.75p per share Ian Ellis, Non-Executive Director - 52,000 Shares at a price of 18.75p per share Rob Olorenshaw, Chief Operating Officer - 53,237 Shares at a price of 18.66p per share
he Board has now completed its detailed review of the issues concerning the Plumbing, Heating and Electrical (PHE) business. As a result of these full investigations, the Board has concluded that the problems in the ex Avonside PHE business were due to a scaling back of sub-contracting work from the private housing sector and a combination of weak operational, commercial and financial controls within that part of the business. The actions to resolve these issues have already been taken by management.
The Board continues to have confidence that the Company will meet market expectations this year.
he Share Consolidation, under which each 23 Existing Ordinary Shares will be consolidated into one New Ordinary Share;
Any further news or rumour re Centrica potential offer ?
Highlights: · Business Division revenues up 71% to £17.7 million (2009: £10.3 million) · Business Division Underlying EBITDA* up 70% to £3.1 million (2009: £1.8 million) · 15% organic growth in Business Division revenues · Current Group trading significantly ahead of the reported results for the year to 30 April 2010 · Cross sales contracts totalling over £4 million signed during the year · £5 million contract signed with Punch Taverns post year end · Customer base increased by 74% to 4,055 at year end (2009: 2,337)
Looking good to reach £2 before year end in my view. And the divi's not too shabby. Interim x-div (1.5p) payable 29 Sept. The Divi history makes good reading and suggests an increase is likely over time as the market recovers 2005 2006 2007 2008 2009 DPS p 8.10 8.30 8.77 9.25 0 Norm EPS p 12.04 23.93 20.86 3.17 7.26 Reported EPS p 5.13 16.81 18.76 -11.68 -3.20
Doing well thanks mate.Did some bottom fishing over the last few weeks which has paid off nicely in AHT, AFR,HAS, GKP, SEY UEN etc..My Scots blood stopped me jumping in earlier when I felt prices were a bit on the high side. Patience is a virtue - and particularly so when in these turbulent times in the markets. Never be rushed.
Digging around to appreciate the size of the pie to be divid up. This what from a press news release on 27 April. I see headline numbers that CNT had revenues of £355m and an order book of £2.9bn, pre some additional contracts from Norwich City Council worth £250m over 10 years. - Connaught is working on schemes across the region including revamping council housing in Hull and North Yorkshire, as well as a £28m contract to repair and maintain 12,000 Yorkshire homes, won last year from housing association Yorkshire Housing. - The group said order intake was strong in the six months to the end of February, helping its order book grow to £2.9bn from £2.7bn a year earlier. Its pipeline has grown more than 30 per cent over the year to £4.9m. - Connaught posted an 18 per cent rise in adjusted pre tax profits to £23.8m, with revenue up 17 per cent to £355m. The group also raised its dividend 20 per cent to 1.308p per share. - Its biggest arm, social housing, grew operating profits 17 per cent. The environmental business saw profits surge 60 per cent, and its compliance arm grew profits 13 per cent.
good to see you on here and I trust you are invested to share the spoils as this one rises. Directors bought a large wedge recently @ 22p and I expect good things going forward. The unfortunate demise of CNT should help further establish ROK's position and reinforce their commercial edge.. Been keeping an eye on MWA and others which are coming together nicely in the current upturn. Hope all is well and prosperous with you ? GLA
this morning. 2 x 250k @4.15p. There are some confident investors out there and I share in their sentiment. All the fundamentals look good. Check out the recent announcements and see for yourself.
signals a massive opportunity for ROK to take advantage. Few co's can be better placed to take over the contracts and service the black hole which will be left from the demise of CNT. I feel for those small investors caught out but there have been strong financial warnings for some weeks and months now. I noted one poster a few weeks back saying he thought it was a 'no brainer' to invest at these low prices. 8p at the time. Well only if you get out quick with your profits. Hopefully ROK can grow strongly on the back of the new contracts it can take over from the old CNT operation. Watching out for announcements over the next days and weeks on this one,.GLA
Not sure if there is any info re special divi entitlement date
HDY was way oversold previously and is now beginning to bounce back with some conviction ! Happy days !
may reduce new build costs. But the end result is that maintenance and repair spend dramatically increases. This is the more lucrative end of he market with far higher returns on investment.. Even if the sp does not double in the near future - I think it will and more - I will be pleased to sit back and ttake the 10+ % Divi thank you very much. And let's not make too many comparisons with CNT. ROK is in far better financial shape. I have no concerns on that front here. This is a solid robust operation as re-affirmed by the directors in their recent Interims RNS on 17 August . DYOR of course - and I think you will be in for a very pleasant surprise. GLA
ROK Mark Cap £33.62m. Yield 10.67%. Contract Value just won expected value £40M
Rok anticipates this contract leading to a significant increase in the volume of home emergency claims it handles with an expected contract value of £40 million over three years
RNS ...and its good news !!!