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Thread: speirs group

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  1. #1
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    Somebody showing a bit of interest.
    Last sale 4.4c
    Current offer of 7.5c
    Package of 35k sold for 12c

  2. #2
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    Quote Originally Posted by beetills View Post
    Somebody showing a bit of interest.
    Last sale 4.4c
    Current offer of 7.5c
    Package of 35k sold for 12c
    Are you going to attend the AGM in November in Palmerston North? I intend to go.

  3. #3
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    Long drive for me and expecting a grandchild the day before so staying put.

  4. #4
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    Quote Originally Posted by beetills View Post
    Long drive for me and expecting a grandchild the day before so staying put.
    Ok fair enough. I am happy to provide some updates on this forum if you would like. I bought in (small parcel) about a year ago, so its more a learning experience for me and a fascination with small companies. Will be good to press the flesh and get an insight into their business model.

  5. #5
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    That would be great,thanks.

  6. #6
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    Quote Originally Posted by beetills View Post
    Somebody showing a bit of interest.
    Last sale 4.4c
    Current offer of 7.5c
    Package of 35k sold for 12c

    Interesting movements on Share Register between 2019 & 2020 Holdings reported in Accounts

    The 2019 Active Equities Holdings Ltd holding of approx 500k shares has been sold down
    (possibly the parcel in posting #11 mentioned by beetills)

    Companies Office records Paul Collins as one of two AEHL directors for some time

    Who knows - they may have given up hope waiting & off pursuing other opportunities ?

    In 2020 Company Annual Return, the Cushings appear with a small 10k holding

    Speirs in recent years has never really excited

    Is it still the majority family controlled Produce company busy hiving off meaningful interests in
    it's businesses from time to time, & basically not going anywhere fast ?

    Perhaps everyone is waiting hoping for Spiers Family to do a buy up & privatise the outfit completely
    to get rid of the onerous reporting requirements & get things out of the public spotlight.. ?
    Last edited by nztx; 01-11-2020 at 12:38 AM. Reason: add more

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