Rhigos
30 Mar 2016
Re: Another new all-time closing high bigmacone " I don't know where you got a dividend of 7.4p"Sorry for delay in posting. Did not notice yours until today. I have no idea where I got 7.4p, clearly wrong. They reported a 14% increase in dividend to 29.7p.Yesterday saw a new all time closing high which prompted me to look at latest news. This was yet another own share buy back. Looked at figures more closely. Rounding to nearest 10 thousand, Shares in issue not in treasury 1,103.69 million and 72.88 million in treasury so of total number of shares 6.2% held in treasury. Not cancelled but treasury shares not entitled to dividend so that will save company £21.65 million. I assume they hold so many in connection with employers share schemes. They can only buy shares out of profits.[link] article states having shares in Treasury can improve liquidity.I am a bit concerned at them buying back when SP so high.Interesting that yesterdays SP of £12.9 x 1104m = £14,241m close to Market Cap of £14,237.6m quoted by ShareScope. So treasury shares do not seem to count towards Market Cap.REL now about twice my average value for a company share holding and is up 55% on average purchase cost since first purchase 3 years ago. One of my most profitable investments in the last 5 years.
bigmacone
02 Mar 2016
Re: Another new all-time closing high Rhigos - I don't know where you got a dividend of 7.4p from - that would have been catastrophic and the share price would have bombed. The full year dividend is actually up 14% @ 29.7p.
Rhigos
01 Mar 2016
Another new all-time closing high I do not know why iii shows SP -0.08% as yesterdays close was 1242 and today's 1268 so in fact went up 2.09% a new all-time closing high.In the 5 years (60 months) to today SP has increased 131% compared with FTSE 100 that has increased 2.7%.One thing I do not like is dividend cut. For the last year they announced 7.4p previous year was 26p.
LK Hyman
25 Feb 2016
Re: Name Change I find the name change very puzzling. Apart from anything else it is unclear how to pronounce it. Is it Are ee el ecks? Or Relcks? Or Rellecks? Or what? Bizarre!I wonder which genius came up with this damnfool name?Can't complain about the share price, mind, though I've never owned it mesen. There do seem to be a lot of people who disapprove of much of what the company does (if that matters a damn).LKH on the flybridge I do like Anglo Dutch companies
Yee Wo
30 Jul 2015
Re: Name Change I understand the name change is to take account of Lexis Nexis which is a big growth area for the business.
pharmaspecialist
10 Jul 2015
Re: Name Change I can understand changing the name if the company had a bad reputation, but this is not the case. It seems strange that widely recognised brand names are considered to be valuable assets whereas widely recognised company names are considered to be so worthless that you can throw them away. I would suggest that changing the name is, at best, a waste of management time.
Rhigos
10 Jul 2015
Re: Name Change dxo, "Can anyone explain the reasoning for the name change."From their web site:Simplification of corporate structure, share listings,and modernisation of corporate entity namesObjectives• Simplify corporate structure• Increase share price transparency• Modernise corporate entity namesWhile remaining at least cost/profit neutral for the company, without changing the economicinterests of any shareholder, and without affecting any customer facing brand namesAbove from this presentation:file:///D:/Documents/Company%20Reports/REL/reed-elsevier-results-2014-presentation.pdf
dxo
03 Jul 2015
Name Change Can anyone explain the reasoning for the name change.I would like to see a projected cost-benefit analysis when the case was made and an actual analysis in next years accounts.dxo
Rhigos
02 Jul 2015
Name changed to Relx Group If anyone wondered what happened to their Reed Elsevier shares they have today become Relx Group shares. Still shown as Reed Elsevier in 'My Portfolio' on this site but RELX heading on discussion option. EPIC code stays same which is convenient.SP been under performing the last 3 months. Let's hope re-branded company does better.
albent
05 Apr 2015
Reed Elsevier looking undervalued? Anyone interested can see an infographic on Reed Elsevier [link]
II Editor
09 Mar 2015
NEW ARTICLE: Chart of the week: Moment of truth arrives for this share "John C Burford, Author of Tramline Trading, and Editor MoneyWeek TraderIn these weekly articles, I will highlight a share that I believe has an interesting chart pattern. I am primarily a technical trader and use the methods I have developed ..."[link]
Rhigos
04 Mar 2015
Re: 2014 results SP fell by 7% from last high then today went up 2.35%. I think now would be a good time to buy. I decided not to sell after results. I think REL will hit new highs in the next month or two. In terms of AER of SP, it is my 5th best share with an AER of 26.8% + yield of 2.3% giving an overall compounded total return of about 29% pa for the last 2 years (it is exactly 2 years since I first bought REL and my unrealised CG is 60.8% on REL).
Tim Eyre
27 Feb 2015
Re: 2014 results Current bout of profit-taking hang on.
gravy
26 Feb 2015
Re: 2014 results I Rhigos can see the case for taking some profits but on the whole this is a well led company in a growth sector, expanding steadily year after uear. I am going to stay put unless the management changes.
Rhigos
26 Feb 2015
2014 results "Reed Elsevier Full-Year Profit Falls"[link] obviously expecting better results judging by sharp fall in SP.Wondering if it is time to take profits. They have had a very good run since I bought 2 years ago. Not particularly overweight but considering selling 1/2. Yield is below average.
