I was intrigued to see, on the 13th March, Roy Gardner, Chairman of Compass group PLC (CPG, 309p) putting £200k to work (25,000 shares at 310p). I looked at managements track record with investing in their company, and found them to be pretty successful- no great blunders, but not trading in and out either.
I decided then that Compass Group should be watched. And hey presto, my inbox today shows the CEO Richard Cousins increasing his stake by 20% by buying 50,000 shares at 301.25p, investing £300k.
News ahead? Maybe a reassuring comment at the Trading Update on March 27th (see financial calendar).
See also ‘The Compass points South‘ February 8th 2009.
2 comments
Comments feed for this article
May 9, 2008 at 11:48 pm
The week ahead: ARM, CPG, MSY, AMEC, CKSN, III, GFRM, ENO « followthedirectors… a study of directors share dealings
[…] CPG warm already had +ve trading update 27/3. Interims 14/5 […]
February 8, 2009 at 9:13 pm
The Compass points South (after 50% outperformance) « followthedirectors… a study of directors share dealings
[…] outperformer relative to the market, up 50% since we turned positive on the shares on March 18th (‘followthedirectors: The Compass points North‘) as a consequence of share purchases by Roy Gardner the Chairman, and Richard Cousins the […]