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

[Ted2]

Seems to be benefiting from high opening for AUW. (up 30c)

More value to GPG!!

Disc. Hold GPG, TWR, and plenty of AUW (I think)

[Gryffyn]

It's all good :-)

[Taijon]

GPG going great guns over the last week. Has anyone seen a date for the release of the annual result? What if Sir Ron and co decide not to have a 1:10 bonus issue this year - watch the share price fall away again.

[neopole]

with the money coming from TEN and RBC and the TWR play a 2:10 bonus could be on the cards( just dreaming)

[limegreen]

a 2:10 doesn't seem too odder proposition. GPG have kept the stock trading in a relatively tight range over the years while maintaining actual value growth. I wonder if perhaps it is in part to play on the perception of it being a cheap stock. I should be doing other things, but it would be interesting to work out what value GPG would be without splits and DRP etc. over the years, all of which have kept increasing the number of shares on issue and held by each shareholder, rather than changing the sp much.

[Gryffyn]

and why would the price fall just because there isn't a 10 for 1 split???? it's not as though they are actually giving us cash or anything.

Disc: GPG and loving it

[gulf]

a little action in London last night with price up to 88.50p(1.72%) on 106306 shares

[Gryffyn]

hopefully we'll see that here nett of currency moves

[shasta]

With all that money on its way, regardless of the annual bonus, any chance of an increased dividend on the way?

Personally i'd rather they keep the money & use it for the next wounded duck!

[Gryffyn]

I think dividend is a dirty word at GPG so I'm not expecting morecthan the usual 1-2% yield which is fine b me - cap growth not taxed :-)