Enodis (ENO, 172.5p) is a nice little mover, and not new to bid rumours. Its directors seem to consistently take advantage of any setbacks in the share price.

To see if a pattern has been established, let’s go back a couple of years, to January 2006:

Jan ’06- Mike Cronk (non exec) and David McCulloch (ceo) both buy 50k shares each, at prices between 133p and 136p.

June ’06- Enodis reaches 215p (on news of discussions with Manitowic ticker: MTW)

August ’06- Peter Brooks(non exec and chairman) and Mike Cronk buy 38k shares between them at 171-172p

Jan ’07- Mike Cronk buys another 50k at 208p

Feb ’07- Enodis trades up to high of 223p (despite co rejecting AGA bid approach in Nov 06)

Sept ’07- Peter Brook buys 30k shares at 175p

Oct ’07- Enodis trades up to 215p on more bid rumours (supposedly Manitowoc again)

Nov ’07- Joseph Ross (non exec), David McCulloch (ceo), Mike Cronk (non exec) all buy shares between 166p and 186p.

In my opinion these recent purchases are not significant in terms of the number of existing shares held, but they do show a continuation of a significant behavioural pattern, from which you and I should be able to benefit.

Maybe sufficiently to be able to buy a new kitchen!

Enodis Kitchen