Monday 12th May 2008
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Galiform finance boss takes stake

Galiform finance boss takes stake

15.04.2008

This genius investor does dizzying levels of research to uncover...Half Price Shares!

Galiform's chief financial officer Mark Robson spent more than £100,000 on shares in the kitchen furniture supplier today.

He took 132,385 shares at 77.5p, having previously had no stake in the company.

Shares in Galiform, which owns Howden Joinery and Howden Kitchens, have fallen by around half in the past year, amid fears of softening demand.

However, last month the company said profits surged 39.5% in 2007 and that trading started satisfactorily in the first part of 2008.

Pre-tax profit increased to £79.8m from £57.2m the previous year on revenue that rose to £976.5m from £733m. The revenue increase reflected the increased sales of Howden Joinery depots and higher sales to MFI and Hygena Cuisines.

Top Director Buys

Charlemagne Capital (CCAP)

Director name: Mr Robert H van Griethuysen

Amount purchased: 500,000 @ 39.00p

Value: £195,000

Symphony International Holdings (SIHL)

Director name: Mr Anil Thadani

Amount purchased: 200,000 @ $0.81

Value: $161,800

Galiform (GFRM)

Director name: Mr Mark Robson

Amount purchased: 132,385 @ 77.50p

Value: £102,598

Charlemagne Capital (CCAP)

Director name: Mr James (Jim) Mellon

Amount purchased: 250,000 @ 38.00p

Value: £95,000

Clean Air Power (CAP)

Director name: Mr John Pettitt

Amount purchased: 411,429 @ 17.50p

Value: £72,000

Healthcare Locums (HLO)

Director name: Ms Kate Bleasdale

Amount purchased: 54,054 @ 92.20p

Value: £49,838

Zetex (ZTX)

Director name: Mr Hans Rohrer

Amount purchased: 40,604 @ 82.80p

Value: £33,620

IDOX (IDOX)

Director name: Mr Martin Brooks

Amount purchased: 250,000 @ 10.00p

Value: £25,000

IDOX (IDOX)

Director name: Mr Richard G Q Kellett-Clarke

Amount purchased: 200,000 @ 10.00p

Value: £20,000

Zetex (ZTX)

Director name: Mr Colin Greene

(Article continues below)

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Amount purchased: 21,584 @ 82.80p

Value: £17,872

Top Director Sells

SEGRO (SGRO)

Director name: Mr John A N Heawood

Amount sold: 48,561 @ 474.50p

Value: £230,422

SEGRO (SGRO)

Director name: Mr Ian D Coull

Amount sold: 46,099 @ 474.50p

Value: £218,740

SEGRO (SGRO)

Director name: Mr David J R Sleath

Amount sold: 19,144 @ 474.50p

Value: £90,838

Hammerson (HMSO)

Director name: Mr Peter W B Cole

Amount sold: 5,202 @ 1,014.00p

Value: £52,748

Pennant International (PEN)

Director name: Mr John Waller

Amount sold: 330,000 @ 15.50p

Value: £51,150

Meggitt (MGGT)

Director name: Mr Terence Twigger

Amount sold: 11,350 @ 265.90p

Value: £30,180

Jardine Lloyd Thompson Group (JLT)

Director name: Mr William J N Nabarro

Amount sold: 7,949 @ 350.00p

Value: £27,822

Meggitt (MGGT)

Director name: Mr Philip Ernest Green

Amount sold: 8,229 @ 265.90p

Value: £21,881

Geopark (GPK)

Director name: Mr Christian M Weyer

Amount sold: 5,000 @ 359.00p

Value: £17,950

Geopark (GPK)

Director name: Mr Christian M Weyer

Amount sold: 2,893 @ 422.00p

Value: £12,208



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FTSE 100 - 12 May 08