Member Info for MattTheBrave

..by 10.35p per share. Stock actually down by 1.3% today.

Hots (and most others) has overtaken me! If only I'd known that that renewable energy malarkey wasn't going to catch on....?..! ;-))

Agreed, but if the stock goes XD £2, the stock price will also fall by £2 which will add value to their short by the same amount - net effect=0.

Through £4 - Lovely stuff!

Are you a MM Miti?

Q1 release shows good volumes up 7% or so, but weaker rates pulling revenues back to around 4%. Whilst the EPS numbers were ahead, stock is down 6%which I guess has rolled into the Ashtead price as well. Probably an overreaction, but worth keeping an eye on. Looks like we'll have to wait until 13 June to get AHT's quarterly numbers.

Yep, picking up nicely now.

You're right, when a company undertakes a share consolidation, the stock price rises as the EPS also increases (same earnings, less shares in issue). Of course when a stock pays a dividend, it falls as the cash paid out is no longer owned by the Company. All Grid are seeking to do is implement the two things together, and ensuring that the price rise associated with the consolidation exactly matches the expected fall from the special divvy. Not quite sure why they feel the need though, unless it has some ramifications for stock options held by senior management? Hope that helps (and hopefully this post won't be removed...;-))

Ok, potential ADR issue, got it now.

...7% today. Anyone know why?

...back to the 380p level. Will we test the £4 level again....?

Norwegian Kronor/Swedish Kronor exchange rate.

:-))

Ha - yes. Only so many times you can hear (I paraphrase) "Stop having a rationally built opinion that's different to mine, which has also turned out to be correct" before you suggest that listening to other views than their own might not be such a bad idea after all......;-))

Just some light banter between bulletin board mates was my intention. if someone who I like and respect wants to tease me down the road about my lengthening life, then that's fine by me. It's affection really, certainly not disrespect. Besides, he's probably only 10 or so years older than me!!

Think JRP comments should have been direct at Tasky mate. You're quite old though, so only to be expected.....;-))

Dar - why would the same results (and they will be the same) provide new info, and hence the next leg-up?? Seems odd to me.

For 'on-off' read 'one-off' in post below. On a related topic, fantastic to see the stock climb through £24. I've held this from £3 and am delighted with its progress!!

Monty - You are looking at the wrong figure. What you are showing is the basic EPS (74.5c) rather than the adjusted fully diluted eps which was 146.5c. the adjustments strip out all exceptional and on-off accounting items, and is what the market has always looked at in this stock. If you want the detailed differences, they are in the report which I have copied below: 'Adjusted items comprise amortization of purchased intangibles $181,934,000 (2015: $88,298,000), share-based compensation $28,793,000 (2015: $15,561,000), exceptional items $27,853,000 (2015: $96,678,000) and exceptional interest costs of $nil (2015: $2,384,000).' Ok?

Optimus - You're living the dream my friend. Us 9 to 5 'ers (actually closer to 8 to 7 'ers) can only imagine such a relaxing existence. Very jealous!!