The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
We just have to wait until they confirm that they are a profit making company and the sp will rocket. Hopefully a few larger stones also to give an added bonus to shareholders.
You should have got the shares or the dividend last week.
The SP will be heading north faster after next Tuesday imho. Once it's clear that they are on target for the £550m profit
They could sell off part of the business if the right offer came.
The only times the share price matters is the time you buy and the time you sell.
I don't have a HL account but my account has to be set to reinvest dividends. Go in to your account and check your options. Cash from dividends held by shareholders who have opted for dividend reinvestment is used to purchase shares in the market by the registrar on the day the dividend is payed so if the cash is in your account you will have to manually buy the shares and tick the dividend reinvestment box for future dividends.
Regarding posters claiming that we will have another profit warning soon. It's not possible Revenue is UP and to issue a profit warning profits would have to fall below the predicted £500-£550m which they cannot. It's all explained in the last results The problem is that they will miss their cost avoidance target by £130m which is because of the delayed implementation of cost avoidance projects and so revised the figure to £100m total for full year. They already achieved £41m half year so that is banked meaning they have to achieve £59m in the second half. Most of the £41m comes from a reduction in management headcount and so the benefits will continue into the second half meaning they only have to find around another £20m which should be easy now that they are aware of the problem. Second half profits are usually around £50m better than first half profits due to Christmas so if they have a really bad Christmas and I mean really bad, profits could reduce to just an extra £40m. Management have a target of £525m total profit which they expect to achieve but have said it could be as low as £500m. The £500m is if they could only find £5m of the extra £20m cost avoidance measures and if they had a really bad Christmas and only made £40m profit. The £500m is the worst case scenario which they have already told us so they can't issue another profit warning. However they are making every effort to surpass their cost avoidance target and by all accounts it's been a bumper Christmas with a better than expected January also, due to increased internet returns. £550m+ is most likely imho.
And a very large mail centre to walk sort them.
LoveScotland, you are correct that the matching partnership share scheme will have a positive impact upon the share price over time. I calculate that about £5.5m a months worth of stock is bought under the scheme. Look out for the trade 15th January.
Such schemes are great for employees and the company especially when the share price is low. I would consider pausing your payments if the share price went really high.
Regarding directors, I doubt £100 a month is worth bothering about.
mbennett83, you are correct. Measures agreed in last year's deal are being accelerated. Volumes are up and will continue to rise. All looks rosey as a medium tern( 5 years) investment.
It was a rollover.
Is update in 29th? It was 18th last year. They mentioned on the radio yesterday that 25% of goods bought online are expected to be returned in January which is a bonus for RMG.
Labour won't get in with Corbin in charge. The only reason they did well last time was because they said they were backing Brexit. Now that they have changed their minds they won't get the lost Ukip vote. Most of the people I know will not vote in the next election if Brexit is delivered and if it isn't then they will vote Ukip regardless of who the leader is.
£3.50 a share for the whole company wouldn't be accepted. They may make a bid for part of the company, Parcelforce for example. It is run separately from the rest of the business and would be easier to detach. They would get the network and avoid the complication of the USO.
Shaun, RM do handle many mail order returns including Next.
He's probably in the doldrums.
Here we go. Sentiment has turned. Increase revenue will be announced in the 17th January update which should lead to a steady recovery in the sp
The way that divis work is that you get them every 6 months not just ince.