Member Info for Stalin

The issue about PHE is old news and the reason for the £3M write down in interim profits. More important now is the discussion about future financings and the independant review of ROKs accounts. When this is resolved then the share will move. Before then am I expecting it to hold steady in the 15 to 20 range. Statements from ROK indicate that end of year results will be in-line witheexpectation and that there is no concern about bank covenants being breached. Would have felt that there would have been a cancelling of the interim dividend if things were worst than this.

Believev that the PHE division is being restructured and pulled into the main maintenance areas. Large number of contracts being wound up as operated at a loss; restructuring costs of £6.8M. However, PHE was a relatively small part of the business and financial miss-control apperas to be constrained to this area.

Cannot see ROK taking over CNT. ROK have enough problems to deal with at present. Also, I cannot see them being able to or wanting to raise additional debt. They are more likely to attempt to get work from CNTs customers. On the positive side it is nice to see the dircetors buying substantial number of shares.

If management statement is correct then the company is on a solid foundation. Certainly if bank borrowing reduces in interim statement then agree that this is a major over-reaction, possibly based on what is happening to Connaught. Would envisage a rally to above 20 on/by the 17th. Puts teh future dividend under pressure.

A mini-rally. Another 10 of these and I will be back in profit. Still it has happened in the past.

I can only attribute the downward move to the overall concern with regards Government cut backs. There are safer shares around although I am happy holding my present investment in expectation that dividend will be maintained. Unfortunately no news scheduled until August.

The present price takes into consideration the new share issue. Discount has already been applied. However there will be drop after it goes ex-dividend tomorrow.

Do not understand why it is so low. Unfortunately all my spare money has been sucked into other shares, and I was already over-extended here. A lot of high dividend safe shares around totally unconected to Greece. Surely time for a bounce

The news about the Swansea plant was identified in the last interim statement. It seems that Northern Foods is focussing on profitable lines. Believe Fridays move is nothing out of the ordinary. Although dividend return is very good, there are FTSE100 shares that pay very good dividends with minimal risk. Therefore personally believe share price is not reflecting potential of a dividend cut.

Do not get phased by the number of sells. Again bought some more this morning. Firstly, the buy would again have registered as a sell on this site as was at 37.03, and secondly cannot even see it registered here. Presently the share movement seems to be supporting day trading.

Believe just nervousness about the future spending cuts. As long as dividend holds then should be alright. I have other small listings doing the same thing.

Hate the way this site records buys as sells. Bought 4Ks worth at 37.11 this morning - recorded as a sell. Probably all buys today

Most highly rated of the shares I hold. Seems like the Blue Chips are doing well with the smaller stocks not performing. Fortunately a good dividend return with strong order book so will keep buying.

Not expecting any news until 20 May. This is a safe share witha good dividend. Not designed for day trading as less than 1% move throughout the day is the norm.

Nothing exciting reported. However starting to get a bit of movement on the share. Worth investing in it for the dividend!

Nice to see that the share is coming to life again. Would expect a significant uptick on Wednesday if good news is reported and dividend is maintained. Have not heard of anything that would make me believe that this is not the case.

Just to add that they have strong presence in low cost housing and insurance work. The dividend date is Wednesday so expect a drop then.

Bit surprised we dropped down below 40p as no apparent reason for this from what i can see. However, appears that low risk good dividend shares are generally not flavour of the month at present. Miners and Banks are the main drivers for the recent gains in the FTSE. Looking forward to the dividend and waiting for the bounce back.

Good luck to you too.

Just bought back in. Too good an opportunity to miss now especially as last years results give me confidence.