oldjoe1
29 Oct 2015
REDD, BROKER NOTE OUT NOW......... REDD ReddeFirst broker in..........[link] PLC Earns “corporate” Rating from N+1 Singer (REDD)October 29th, 2015 - 0 comments - Filed Under - by Doug Madison</b>Redde PLC (LON:REDD)‘s stock had its “corporate” rating reaffirmed by equities researchers at N+1 Singer in a note issued to investors on Thursday, ARN reports.Redde PLC (LON:REDD) opened at 179.000 on Thursday. Redde PLC has a 52-week low of GBX 72.25 and a 52-week high of GBX 184.34. The firm’s 50 day moving average price is GBX 163.07 and its 200 day moving average price is GBX 141.14. The firm’s market cap is GBX 510.85 million. The firm also recently announced a dividend, which will be paid on Thursday, November 5th. Investors of record on Thursday, October 8th will be paid a dividend of GBX 4.25 ($0.07) per share. The ex-dividend date of this dividend is Thursday, October 8th. This represents a yield of 2.72%.Redde plc, formerly Helphire Group plc, is a United Kingdom-based holding company. The Company operates a group -based businesses supplying legal services, accident management and insurance services, corporate fleet management and insurance policy service fulfillment services. It gives accident management services, including repair management services and vehicle replacement to motor claims. The business supplies legal expenses insurance services via an operational call center site and solicitors’ services through Principia in Northwich and NewLaw in Bristol, Cardiff and an affiliated office in Glasgow. It also supplies insurance claims and accident management services through Cab Aid Limited, Total Accident Management Limited and its subsidiaries. The organization handles a fleet of around 6,000 vehicles. Its subsidiaries comprise Albany Assistance Limited, RunmyCar Limited and HHFS Limited, amongst others.
oldjoe1
29 Oct 2015
Re: REDD, TRADING AHEAD, Superb performa... Current TradingThe positive start to the new financial year, which I described in my statement of 2 September 2015, has continued since that date. Sales show an increase over the corresponding period last year reflecting stronger trading volumes and the commencement of new contracts. As a consequence, trading profits are ahead of our expectations and the corresponding period last year. Early indications are that this trend has continued during October and the Board remains confident about the Group’s prospects for the financial year as a whole. The Group is seeing an increasing level of new business opportunities and is well placed to take advantage of these opportunities to grow revenue and profits with no undue increase in working capital.
oldjoe1
29 Oct 2015
Re: REDD, TRADING AHEAD, Superb performanc REDD Redde PLCFundies show the stock is on a forward P/E of 18.7 reckon brokers will have to upgrade in the next 48 hours.Redde PLCFORECASTS2016 2017Date Rec Pre-tax (£
EPS (p) DPS (p) Pre-tax (£ EPS (p) DPS (p)N+1 Singer 28-10-15 CORP 27.00 8.80 8.70 29.90 9.60 9.90Cenkos Securities 03-09-15 BUY 26.40 8.80 8.70 28.50 9.00 9.002016 2017Pre-tax (£ EPS (p) DPS (p) Pre-tax (£ EPS (p) DPS (p)Consensus 26.72 8.80 8.70 29.25 9.32 9.481 Month Change 0.01 0.00 0.00 0.03 0.01 0.023 Month Change 4.78 1.27 1.35 6.81 1.02 1.48GROWTH2015 (A) 2016 (E) 2017 (E)Norm. EPS 18.29% 13.48% 5.92%DPS 2,138.81% 16.00% 8.98%INVESTMENT RATIOS2015 (A) 2016 (E) 2017 (E)EBITDA £28.35m £33.26m £36.29mEBIT £22.24m £m £mDividend Yield 4.29% 4.98% 5.42%Dividend Cover 1.03x 1.01x 0.98xPER 22.54x 19.86x 18.75xPEG 1.23f 1.47f 3.17fNet Asset Value PS 33.98p 54.00p 53.70p
IOMINVESTCOM
29 Oct 2015
Re: REDD, Broker UPGRADES?????????? Morning oldjoe,Thanks for posting and agree it will be interesting to get revised broker upgrades.Maybe we will be heading to 2.00 quite soon.GLTA
oldjoe1
29 Oct 2015
REDD, Broker UPGRADES?????????? REDD Redde PLC up 5% and climbing. Trading ahead of expectations. Must be a broker update perhaphs upgrade.
oldjoe1
29 Oct 2015
REDD, TRADING AHEAD, Superb performanc REDD Redde PLC,Cracking update <b>.REDD: Redde PLC As a consequence, trading profits are ahead of our expectations and the corresponding period last year.</b>[link]
PIE-EATER
30 Jul 2015
Re: Grab it while you can.. RosieThere are several things I try and do1. Have consistent reasons for buying2. Do my own research3. Dont invest in something I don't understand4. If I am a customer (in one form or another) and have bad service - DONT INVESTSome people don't invest in certain companies for ethical reasons....number 4 is my moral stance, if you like. I appreciate it may make money, but given the experience I had, I would rather put it on there BBQ to cook my steak! They were totally CARP.PEGLTA who are invested, for your sakes I hope my experience doesn't become more of the norm.
Rosycheeks
29 Jul 2015
Grab it while you can.. Hi PIE-EATER, Redde is not a share to be watched unless you are taking advantage of the present share price decline to grab an extra special bargain before things pick up again, you have just missed the 1p special dividend (not paid yet) and 4p is coming towards the end of the year. Take the plunge, you were unfortunate in your experience, REDDE is making loads of cash and with a policy of paying much of it out in dividends is a winner all the way.
PIE-EATER
29 Jul 2015
Re: Budget - Claims Management Companies... Had been watching REDDE for a while and have now decided NOT to purchase following a recent accident where someone ran into our parked car. Their handling of the case was generally far from acceptable, so much so that I told the insurance company to take over the handling of the whole case and get the car in for repairs (which they managed in 1 days as against REDDE getting nowhere in over 2 weeks) One customer lost and a bad reputation earned.I suspect many of you are going to say there will always be an exception to good service etc etc......but if a company doesn't deliver the service for me, despite prompting, then I won't invest. Plenty of other fish in the stock market sea.PE
lankie
26 Jul 2015
Re: Another closely linked opportunity Refer to my previous post re Haversham holdings which acquired and adopted the name of BCA ( British Car Auctions) - same Charwoman; common heavyweight institutional investors; linked industries ; possible collaboration - share price ticking up nicely since my last post but hasn't run away yet.
Rosycheeks
26 Jul 2015
Re: Budget - Claims Management Companies... From News/ Motley FoolReplacement vehicle provider, Redde (LSE:REDD), continues to be a surprisingly appealing income play. It currently offers a yield of 5.7% despite its shares having soared by 53% during the course of 2015. As such, there is scope for them to continue their rise - especially if the company can deliver on its forecast for a 6% rise in earnings for the current year. Certainly, Redde has a rather volatile bottom line, with it having made a loss in two of the last four years but, with upside potential and improving investor sentiment, it seems to offer a potent mix of growth and income potential that make it worth buying.
lankie
26 Jul 2015
Re: Budget - Claims Management Companies to ... Regulation is a good thing for Redde being one of the reputable players in this industry. Regulation squashes the Cowboys leaving a bigger slice of the cake for the good guys and reduces the cost of acquiring business through reduced competition.You have mis understood the share sale. The directors have exercised options to increase their shareholding (or acquire a shareholding) to possibly benefit from the fantastic yield this company generates. When you exercise such options you have to pay a significant amount of income tax on the financial benefit of the option scheme - as such they have only sold enough shares to pay this tax - very understandable and reasonable . The whole process represents a vote of confidence by management.
LoadsaDosh2
08 Jul 2015
Re: Budget - Claims Management Companies to ... The title was supposed to read: Budget - Claims Management Companies to be regulated. Announced in today's budget.
LoadsaDosh2
08 Jul 2015
Budget - Claims Management Companies to be regulated Might have their excesses curbed like excessive hire car charges and dodgy whiplash claims. Also noticed directors sold £850K's worth in March. Seems like a good point to sell.
Rosycheeks
30 Jun 2015
Re: AT trades, the future... Thanks Guys for your replies, I had previously asked Google and the answer was that AT trades are matched trades organised by SETS, the Stock Exchange Trading System but, does it really matter when the slightest squeak from the company and the SP shows its real potential. Recently the SP has been drifting downwards as those with little faith pulled out their pennies, now, POW! hundreds pile back in. Redde is still only a humble AIM share, would it do any better in the main market where it could be more noticed? A 1p special coming up and a 4p final possible by the end of the year to say nothing of the gains in the SP makes REDDE a winner all the way. From a little acorn a mighty Oak will grow.
