COA - Coats Group plc (formerly GPG - Guinness Peat Group Plc)

[Ted2]

Don't forget the value GPG have in TWR and AUW. The stellar rises in both these stocks have underpinned the price.

TWR now over $3.00 and AUW trying its best to catch up at $2.62. In fact that equates to over $3.00 NZD! Not bad for 80c a year ago.


All boom and boom!

[stevieb]

I can certainly vouch for that AUW bit. I have some (not many unfortunately) from when they split from TWR. They tried to mop up small holders at about 90c as I remember and while it was hardly worth making a decision at the time due to my small holding am now very glad I did say "NO I'll hold and see what happens".

Has turned something not worth bothering about into something that now is!

[warthog]

quote:Originally posted by Ted2


Don't forget the value GPG have in TWR and AUW. The stellar rises in both these stocks have underpinned the price.

TWR now over $3.00 and AUW trying its best to catch up at $2.62. In fact that equates to over $3.00 NZD! Not bad for 80c a year ago.


All boom and boom!

Amidst the fervor and fireworks we should not lose sight of the fact - as Base Trader (I think?) has pointed out - that Coats is GPG's *big* investment. If that's going well, GPG goes well.

This other stuff is there, but nowhere near as significant.

Somebody at some time somewhere said that GPG is Coats in drag.

Good line I thought.

[Gryffyn]

Boom boom.

I think the large bundle of cash they have is also exciting.

[stevieb]

I thought I read somehwre that Coats is 33% of GPG, so yes a big investment but not the only one.

While I think it is true that Coats will be a significant factor in their results over next couple of years I do also think that one of the things I like about GPG is that they have a lot of things going on and they do keep turning these over. Any of them could provide some good profits in present climate. So if Coats is the cake some of their share investments could prove to be the icing on that cake!

[Ted2]

[/quote]

Amidst the fervor and fireworks we should not lose sight of the fact - as Base Trader (I think?) has pointed out - that Coats is GPG's *big* investment. If that's going well, GPG goes well.

This other stuff is there, but nowhere near as significant.

Somebody at some time somewhere said that GPG is Coats in drag.

Good line I thought.
[/quote]

Don't disagree with Coats for sure. But holding 34% or so of AUW going from 80c to $2.62 is no small matter!

[bronson]

Does anyone know the exact date for the 1 for 10?

[winner69]

Isn't GPGs share of TWR the equivalent to 20c in GPG currency? ..... so it needs a huge increase in TWRs shareprice to move the GPG shareprice?

[warthog]

quote:Originally posted by bronson

Does anyone know the exact date for the 1 for 10?

As far as I know, 30 May 2006 is bonus shares in lieu of dividend (1:90) and 30 June 2006 for the 1:10.

[Gryffyn]

quote:Originally posted by warthog

quote:Originally posted by bronson

Does anyone know the exact date for the 1 for 10?

As far as I know, 30 May 2006 is bonus shares in lieu of dividend (1:90) and 30 June 2006 for the 1:10.

are you talking issue or entitlement dates?