just got this off sharecrazy board>

http://www.stockchallenge.co.uk/typo/stockchallenge/ftse.php


seems its definately set to move into the smallcap sector and indeed the trackers will be buying.Its up today as a few have already calculated this.

Raymarine passes dividend as markets sink - MoneyAM


Marine electronic products supplier Raymarine passed its final dividend as four consecutive years of record results came to an end.

Adjusted profit before tax was down 37% of 2007 at 17.3 million, with revenue falling to 134.9m from 140.7m.

The group said, 'Raymarine entered 2008 having reported four consecutive years of record results since its flotation, but all of its main markets were badly affected during the year by the global economic problems.'

It does not expect its markets to recover in 2009 but 'is keen to resume payment of a dividend as soon as it is considered prudent and will review this again in 2010'.

Chairman Peter Ward said, 'Whilst the outlook for 2009 remains very tough, our strategy for Raymarine is to strengthen our position in the leisure marine market. We will direct our sales resource to work with our worldwide distribution to gain market share.

'The highly successful launches of G Series and A Series demonstrate how growth in market share can be achieved by leveraging our brand with new product ranges for both the small boat and large boat segments.'

Good results and the market punishes them.

Good results and the market punishes them.

Could be a great oppertunity to buy some cheap

Could be in play.

Would not surprise me if there is a bid of 40/50p in 12 months.

More bid rumours circulating today.

tell me more mitzy.....where are rumours coming from

who is after them

Hard to say could be Garmin their main competitor or could be the same people who bid 300p for them 18 months back.

Can we expect a Ray of sunshine this week..?

Finally its getting noticed.

Moving ahead strongly now.

Have head rumours of a bid for them.

Anyone have any more details ?

The last bid rumour was about 6 weeks ago ans since then the share price has doubled so maybe there is some substance .

Plenty of AT trades going through, so a buyer is there for sure.

It is going to 30p if this continues.

Its 25p now I wonder if it can get to 30p today.

When you look back at the director buying, you have to wonder that any bid must be at a good double to triple of todays price.

Hopefully if we can get some more solid gains it might get a statement out of the company, and perhaps then the fireworks start.

A bid would be around 60p I guess.

Through 30p now.