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

[gulf]

quote:Originally posted by Gryffyn

MLs increase is a good sign.

I agree.ML would have had agood look at the Coats position I assume,also they would understand the currency situation.GPG looking good.

[Gryffyn]

As always, it is not a share that steadily increases like some. I'm still positive that as the 2006 unfolds and the dollar come off the highs, that GPG will appreciate - possibly in a rush with an announcement or two.

[shasta]

They are still far too overweight in cash & perhaps a move on AWM isnt too far away?

The money from Rubicon has largely been used to buy into TUA & Bluestone Tin, and they have hardly touched the funds they are sitting on!

When they do make an announcement on a new purchase id expect the SP to starts its annual rise up to the bonus issue

[Gryffyn]

Yes.

[gulf]

shasta,they may pay out a large dividend - just dreaming !

[warthog]

quote:Originally posted by gulf

shasta,they may pay out a large dividend - just dreaming !

Isn't the current dividend enough for you?

Besides, it's expensive to borrow money right now, so it's better to have it on hand for the right opportunity than have to go cap-in-hand to somebody for it ...

[Gryffyn]

Mmmmm - a share buy back would be great - tax friendly use of cash.

[shasta]

Warthog, Not bothered by a dividend at all, the bonus provides enough upside.

They must have something in there sights thats all

[Gryffyn]

Santa appears to be arriving early :-)

[warthog]

quote:Originally posted by shasta

Warthog, Not bothered by a dividend at all, the bonus provides enough upside.

They must have something in there sights thats all

Reported connection between GPG and NZX (the stock).

FWIW.