dilbert on tour
19 Mar 2015
Re: Long way to go Double may be a little optimistic but certainly 150p could be achieved in the coming months given that Autofocus must be nearing completion, which may result in another special divi. They still have a chunk of cash to spend too so a positive acquisition could send the price soaring
Rosycheeks
19 Mar 2015
Re: Long way to go This is a strange one to predict, we had that massive rise of 20p with the results announcement and then the slight sell off whilst savvy investors cashed in on the 20p profit, a small sell off then it went ex-div followed by a bit more decline and now the SP is again rising on the expectation of a bright future. You win some you lose some, early investors in this stock are showing massive gains and I join with Lankie in seeing a very bright future even for those joining now. A doubling of the SP over the next 12 months is well within sight.
lankie
05 Mar 2015
Long way to go I think this one has a long way to go. It's market has evolved with massive change over the years but now looks relatively stable . Competitors have fallen by the way side with only the strongest surviving. The positive outlook encompasses a bonus from the Autologic debacle and possibly opportunities from the demise of Quindell. New Law seems to be performing well and provides opportunities in different but related markets.After a number of changes to the senior management team over the years we now seem to have stable set up. The CEO seems focussed on managing expectations -under promising and over delivering - as we saw in the dividend just announced. Looking at the share register the likes of Neil Woodford gives this stock credibility and being an income man you can expect dividend growth to be a big part of strategy.Onwards and upwards !
itssoconfusing
04 Mar 2015
Re: Strange to see... D on TAgree with you. Mgt here now running profitable business, cash generative, good payers....means it goes higher.Market just waiting for weak sellers.I've been in since the old 4pps and added in the last week.itsso...
dilbert on tour
03 Mar 2015
Strange to see... .. people bailing out just before the date to get the dividend. You expect it after but not necessarily before, although i guess some are taking their 15p gains.
casabanker
02 Mar 2015
Re: Superb performance Hello IOM, "Locked" was a bad choice of word. I don't hold a huge quantity of REDD so I am keeping all of my stock for dividend receipt. Have a nice holiday, Rosycheeks.Casa.
Rosycheeks
28 Feb 2015
WOW! 20% rise in 2 days WOW! 20%+ in 2 days, (94p -114p) how long before this rally runs out of steam? With a 4p a share divi coming on 25th March I'm off with hubby to Benidorm for 2 weeks all inc. What the SP is when I get back will be an indication of how investors feel about this gem, personally I believe that investors are very wary after the problems of a few years back, forget the past, this one is now a winner.
IOMINVESTCOM
27 Feb 2015
Re: Superb performance Totally agree RC - For me it works to take out the initial investment on 100% gain.Interested to know where the house broker has revised target price.
Rosycheeks
27 Feb 2015
Re: Superb performance IOMINVESTCOM'I see the SP has reached broker targets of 1.04', more like 'crushed', the trick now is to sell just enough stock to recover the purchase price, then in for free.
IOMINVESTCOM
26 Feb 2015
Re: Superb performance nb - I see the SP has reached broker targets of 1.04 so over the next few days it will be interesting to see any new upgrades.26 Feb 15 N+1 Singer Corporate 104.00 - - Retains
IOMINVESTCOM
26 Feb 2015
Re: Superb performance Hi Casabanker,We are both in around the same area me at 59p so currently paper gain showing 72%. I have felt the same way about topping up and like others have not done. (Shame)Am I understanding you right that you have sold your entire holding today and locked in your gains or just the profit banked?Too often the shares I follow show good gains only to see slip away which is something I am trying to improve on. I like this one as a core holding.GLTA
casabanker
26 Feb 2015
Re: Superb performance That's right, IOMINVESTCOM. My buying in price is 54p. The dips in sp have not been particulary severe so I haven't topped up at all more's the pity. It still looks a reasonable buy now, especially if the final dividend is at least equal to the interim. On a cautionary note, REDD has achieved the rise I have locked in, in just over twelve months. I am more used to shares rising and falling so have always been anticipating a pull back. On today's news, any pull back in sp will be unexpected to say the least.Casa.
IOMINVESTCOM
26 Feb 2015
Re: Superb performance Hi Pistonbroke - It will be probably be based on his purchase cost price that equates to 15% on his original investment.
pistonbroke1
26 Feb 2015
Re: Superb performance Where you getting 15% from. Interim divi is 4p and if they maintain that at final divi its more like 8% at todays share price.I do however expect the SP to rise to at least 120 and probably nearer 150 before final results, so that would equate to 5.34% for SP of 150.Still a stonking good return of divis and capital growth.
IOMINVESTCOM
26 Feb 2015
Re: Superb performance here,here - well done
