Midwich Group (MIDW) has come back to the field since May's debut on Aim, and its shares, at 218p, are now only slightly in advance of the price on admission. The market value of Midwich, a trade-only distributor of audiovisual and document products, has oscillated through much of the second half of 2016, due in part to the initial sell-off and subsequent retracement in the wake of June's EU referendum.
IC TIP:
Hold
at
218p
Although the shares have come off the boil since the early August peak of 275p a share, that presents a buying opportunity. Enter Stephen Fenby, managing director of the Norfolk-based company since 2010, who has snapped up 100,000 shares for an outlay of nearly £204,000 to augment a stake on an institutional scale.
Buys | |||||||
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Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Active Energy | Richard Spinks (ceo) | 04 Nov 16 | 147,000 | 3.19 | 4,689 | 10,372,000 | 1.574 |
Ambrian | J Conrad (ceo) | 03 Nov 16 | 50,000 | 2.25 | 1,125 | 24,503,407 | 9.381 |
Ambrian | J Conrad (ceo) | 03 Nov 16 | 1,000,000 | 2.225 | 22,250 | 23,439,666 | 8.974 |
Ambrian | J Conrad (ceo) | 07 Nov 16 | 50,000 | 2.25 | 1,125 | 24,553,407 | 9.400 |
Arcontech | Matthew Jeffs (ceo) | 09 Nov 16 | 46,000 | 35 | 16,100 | 430,000 | 3.477 |
BT | Mike Inglis | 09 Nov 16 | 1,400 | 354 | 4,956 | 2,600 | 0.000 |
Berendsen♥ | Iain Ferguson (ch) | 04 Nov 16 | 5,000 | 940 | 47,000 | 125,000 | 0.072 |
Computacenter♥ | Gregory Lock (ch) | 08 Nov 16 | 3,605 | 720.5 | 25,974 | 535,600 | 0.437 |
Computacenter | Gregory Lock (ch) | 08 Nov 16 | 11,895 | 720.5 | 85,703 | 531,995 | 0.434 |
Computacenter | Gregory Lock (ch) | 08 Nov 16 | 15,500 | 720.5 | 111,678 | 520,100 | 0.424 |
Computacenter♥ | Gregory Lock (ch) | 09 Nov 16 | 6,025 | 719 | 43,320 | 560,600 | 0.457 |
Computacenter | Gregory Lock (ch) | 09 Nov 16 | 6,475 | 719 | 46,555 | 554,575 | 0.452 |
Computacenter | Gregory Lock (ch) | 09 Nov 16 | 12,500 | 719 | 89,875 | 548,100 | 0.447 |
Debenhams | Matthew Smith (cfo) | 09 Nov 16 | 44,465 | 55.914 | 24,862 | 97,465 | 0.008 |
Dialight | Michael Sutsko (ceo) | 04 Nov 16 | 4,669 | 675 | 31,516 | 4,669 | 0.014 |
e2v technologies | Neil Johnson (ch) | 07 Nov 16 | 10,000 | 185.5817 | 18,558 | 180,000 | 0.082 |
e2v technologies | Steve Blair (ceo) | 07 Nov 16 | 10,000 | 188 | 18,800 | 139,338 | 0.064 |
Fidelity Special Values | Nigel Foster | 08 Nov 16 | 10,000 | 198.7 | 19,870 | 30,000 | 0.011 |
Flybe | Simon Laffin (ch) | 09 Nov 16 | 191,404 | 38.983 | 74,615 | 479,404 | 0.221 |
Green REIT | Thom Wernink | 09 Nov 16 | 20,000 | 131 | 26,200 | 60,000 | 0.009 |
Huntsworth | Neil Jones (cfo) | 08 Nov 16 | 45,000 | 39.66 | 17,847 | 375,000 | 0.114 |
Hurricane Energy | David Jenkins | 08 Nov 16 | 3,338 | 34 | 1,135 | 203,338 | 0.017 |
Hurricane Energy | John van der Welle | 08 Nov 16 | 4,159 | 34 | 1,414 | 154,159 | 0.013 |
Ladbrokes Coral | Mark Clare | 04 Nov 16 | 50,000 | 130.35 | 65,175 | 50,000 | 0.003 |
Maven Income and Growth VCT 3 | Keith Pickering | 04 Nov 16 | 20,000 | 85 | 17,000 | 40,000 | 0.098 |
Midwich | Stephen Fenby | 08 Nov 16 | 100,000 | 203.5 | 203,500 | 22,280,000 | 28.043 |
Proteome Sciences* | Jeremy Haigh (ceo) | 04 Nov 16 | 400,000 | 5 | 20,000 | 400,000 | 0.146 |
Proteome Sciences* | Roger McDowell | 04 Nov 16 | 2,000,000 | 5 | 100,000 | 2,500,000 | 0.914 |
Quarto | Marcus Leaver (ceo) | 03 Nov 16 | 2,076 | 284 | 5,896 | 390,576 | 1.983 |
Quarto♥ | Marcus Leaver (ceo) | 03 Nov 16 | 2,280 | 282.8 | 6,448 | 392,856 | 1.995 |
RSA Insurance | Isabel Hudson | 03 Nov 16 | 1,817 | 546.75 | 9,934 | 1,817 | 0.000 |
RSA Insurance | Isabel Hudson | 04 Nov 16 | 1,901 | 529.32 | 10,062 | 3,718 | 0.000 |
Regus | Dominik de Daniel (cfo) | 04 Nov 16 | 173,000 | 239.7 | 414,681 | 503,889 | 0.054 |
Riverstone Energy♥ | Ken Ryan | 07 Nov 16 | 15,000 | 1240.45 | 186,068 | 64,000 | 0.076 |
Riverstone Energy♥ | Ken Ryan | 08 Nov 16 | 6,732 | 1236.62 | 83,249 | 70,732 | 0.084 |
Riverstone Energy♥ | David Leuschen | 07 Nov 16 | 15,000 | 1240.45 | 186,068 | 5,065,000 | 5.995 |
Riverstone Energy♥ | David Leuschen | 08 Nov 16 | 6,732 | 1236.62 | 83,249 | 5,071,732 | 6.003 |
Riverstone Energy♥ | Pierre Lapeyre Jr | 07 Nov 16 | 15,000 | 1240.45 | 186,068 | 5,114,000 | 6.053 |
Riverstone Energy♥ | Pierre Lapeyre Jr | 08 Nov 16 | 6,732 | 1236.62 | 83,249 | 5,120,732 | 6.061 |
Rolls-Royce Holdings | Ian Davis (ch) | 07 Nov 16 | 273 | 725 | 1,979 | 41,758 | 0.002 |
Rolls-Royce Holdings | Ruth Cairnie | 07 Nov 16 | 267 | 725 | 1,936 | 10,756 | 0.001 |
Rolls-Royce Holdings | Sir Frank Chapman | 07 Nov 16 | 546 | 725 | 3,959 | 21,239 | 0.001 |
Schroder Asian Total Return Investment Co | Christopher Keljik | 03 Nov 16 | 768 | 259.1809 | 1,991 | 115,515 | 0.158 |
Shawbrook | Dylan Minto | 03 Nov 16 | 5,000 | 237.69 | 11,885 | 20,000 | 0.008 |
Shawbrook | Dylan Minto | 03 Nov 16 | 15,000 | 237.74 | 35,661 | 15,000 | 0.006 |
Sportech | Richard McGuire | 04 Nov 16 | 300,000 | 67 | 201,000 | 300,000 | 0.145 |
Tate & Lyle | Javed Ahmed (ceo) | 09 Nov 16 | 15,000 | 660 | 99,000 | 3,071,837 | 0.659 |
Tate & Lyle♥ | Javed Ahmed (ceo) | 09 Nov 16 | 15,000 | 660 | 99,000 | 3,086,837 | 0.662 |
Thor Mining | Paul Johnson | 08 Nov 16 | 15,000,000 | 0.0249 | 3,735 | 60,066,237 | 0.803 |
Ubisense♥ | Oliver Scott | 07 Nov 16 | 46,000 | 40 | 18,400 | 15,682,993 | 28.080 |
Volution | Tony Reading | 07 Nov 16 | 10,000 | 145.94 | 14,594 | 70,000 | 0.035 |
Sells | |||||||
---|---|---|---|---|---|---|---|
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Old Mutual | Jonathan Hemphill (ceo) | 07 Nov 16 | 133,963 | 191.9262 | 257,110 | 48,300 | 0.001 |
*Placing/tender/open offer ♥Spouse/connected party |