The buzz
28 Jun 2016
BrExit I would have thought that with the 10% odd fall in the value of the £ means that DVO should be a small net the winner of BrExit. They have just made a major investment in the USA and China so the value (in £ terms) must have increased (albeit there is a US$100m loan to finance the new factories) - and likewise remitted profits in US$ will also be higher.Consulting page 23 of the final report[link] is a statement on the effect of BrExit on trading and regulatory relationships. The risk is deemed to increase due to:-"A vote to leave would result in these arrangements lapsing, thereby leading to a period of uncertainty while new relationships were negotiated. New arrangements may not be secured before the existing framework falls, or may be on disadvantageous terms compared to the current conditions"However the mitigation is:-"With seven manufacturing plants across the world, the group’s diversity provides significantprotection against this risk. Exports from our Scottish plants amount to c.10% of group turnover."See this web page for a breakdown of production locations:-[link] most of the Scottish production is for the UK, then the consequences of BeExit on trading and regulatory relationships almost seem to be an academic question as 90% of the company's production is outside of the UK.The B
The buzz
09 Jun 2016
Short Selling Positions I was curious what the declared short selling position is with DVO. Checked on:-[link] transpires that short positions above 0.5% (of the total number of shares) are held by:-Ardevora Asset Management LLP 0.51%OLD MUTUAL GLOBAL INVESTORS (UK) LTD 0.64%So not that great a short position, so no big consensus that DVO is on the way down.The B
The buzz
26 May 2016
Stakebuilding Noticed two recent RNSs for NN Group NV. The first announced of 5.5.2016 holding changed from:-18,702,435 to 20,066,233 (12.02%)and the latest one at 17:38 last night (24.5.2017):-20,066,233 to 21,890,708 (13.11%)I make that an increase in their holding from 11.2% to 13.1% has been announced this month. Useful support for the share price and shows that they have confidence in the company to have built such a large holding.The B
The buzz
20 May 2016
Re: Price dip Update - price fell back a bit so got 1672 at 249.53, and just now 3k at 248.78pThat will do for now. Still 248.25-249p. I am wondering if this was the usual shorters ploy of pushing the price down at the end of the day to make the charts give signals?The B
The buzz
20 May 2016
Price dip Just noticed a drop to about 250p a share! Wow that is cheap I thought. Got 1148 and then 2k (different accounts) at 249.7p a share. Before I could buy some more the quote went up - possibly because there were other buyers at the same time and not much being sold. Now 249.5-251p. Ah well a least I got some for under 250p a share - and will keep an eye out for the price to retrace again.To me it is nonsense to fall so much on a rising market so soon after a good update causing the share price to go above 280p.The B
