after results today furture looks promising spoke to fd today widney cabs have started to ship the cabs to usa, company broker should be upgrading full year figs in next couple of weeks.shares and ic should follow with buys.what other company can increase div by 100%.yes iam holder brought at 16.5,26,42&56 cheers woodie

one bit of news which has not been released by company in rns statements is the contracts are with caterpiller so it is not a small co that have selected widney,fd hopeful they can win other orders.cheers woodie

I am thinking of buying.Any negatives ?
rgds aj

arjen i can only think of 2,the shares are only traded in large vols on release of news ie rns statements,shares ic mag tip,the other is the board hold a large number of shares between them over 40% on friday one board member offloaded 1million shares still holds a large holding,he invested around 5 years ago before the downturn in markets.hope this helps not much info cheers woodie

arjen at time of this post no trades reported see my last post.cheers woodie

Thanks for useful information.
rgds aj

Woodie,
Acording to the AFX,it was an ex chairman (Michael Frye) who sold.

LONDON (AFX) - Widney PLC said its former chairman has sold 1 mln shares at
60 pence apiece, cutting his stake in the company to 10.6 pct.
newsdesk@afxnews.com

affc21 he is still a board member gave up chairmans role when joe grimmond took over,never stated in post 6 he was chairman?however that news released on friday has not been negitive for stock,up on a weak market.cheers woodie ps holds non-ex role.

WOODIE,
Thank's for the info,I was not aware joe grimmond is still a board member
(Having read the AFX I presumed joe grimmond was no longer a board member).

Vgood thread,
keep up the good work.

affc21

wow, have you seen shares mag today.
States that for year 2005 WDNY are on for 3m profit which equates to a current pe of just 6.....yes 6 for this company.

Even a lowly manufacturer like this should trade over 10, so we are looking for a share price of about 80p/100p minimum & that is without any new contracts.

buy em boys, they may not be this cheao for long.
Expect IC have more positive news tomorrow.

waiting for ic comments today will they backtrack from sell advice a few weeks ago when share price went up 60%in one day wait for more info on contract bit late if you sold on there advice just shows even in ic mag they can get timing wrong.cheers woodie

NICE TO SEE WDNY GIVEN A NICE WRITE UP IN TODAYS SHARES MAG,REASON FOR TODAYS RISE.CHEERS WOODIE

nice rise today up 7% so far cant find reason?anybody know.cheers woodie

I think it's the fact that people are just realising that they could put their money in this stock, forget it for 12 months or so, come back & they should be double todays price.
Excellent yield of 6% as well. Don't see many stocks on the market like this.

time to post more info as it has been quite for a month just as posted on this board widney releases rns statement re 3 new contracts at time of post up 11% on day also hit 52 week high.cheers woodie

about time this pup back in eye of traders up again today in a falling market nothing has changed since my last post re 52week high same today fresh 52 week high set today.agm statement due thurs looks like more good news awaits.cheers woodie

as i dont get investors chronicle can someone post why they have a buy on stock,your help reqd cheers woodie

woodie, I have not seen the article either, allegedly one of its main tips, but stole some info from 'the other side':

(Title:)

WIDNEY (WDNY)
A new management team has been doing great things, and although the shares have prospered, they still offer plenty of value

The IC's key points are:

Bull Points
Impressive track record
Strong management team
Attractive market niche
Good dividend yield

Bear Points
Belcot division is weak
"Belcot Tool and Die... accounts for 5% of sales and is Widney's smallest division... faces tough competition overseas."
High Gearing (157%) "

not much to go by but explains fridays small price spurt. I still regard WDNY as one of the most reliable stocks in my portfolio based purely on 18month performance.
tau.

tau sorry for delay in thanking you for info,looks like the same info as when they tipped them last year.cheers woodie

results due on thursday. Recent RNS suggests they are in line with expectations, will be interesting to see if they exceed these.

nice set of results divi up 200% looks good for full year still good value.cheers woodie