Search results

Fiberweb buying continues – directors treble holdings over last four months

It was announced yesterday that John Juric, a PDMR [senior manager] of Fiberweb (FWEB, 52p), had on September 8th invested GBP 52,000 by buying 100,000 shares at between 52p and 52.2p. This led me to review recent director buying at Fiberweb. Directors of the group have trebled their positions in Fiberweb by buying over 1.2 […]

Fiberweb – directors buying, cost cutting, poss takeover target

Fiberweb (FWEB, 43.5p) are up 26% today (August 7) on the back of interim results demonstrating substantial benefits from cost cutting (Reuters results comment here). In spite of this move, the CEO David Dayan and CFO David Abrams today bought 115,000 shares each at 43.11p. This takes Dayan to 1,085,000 shares, and Abrams to 224,000 […]

Fiberweb directors pile in after takeover talks collapse

This reminds me a little of EMI and Enodis, where takeover talks failed, directors piled in, then the takeover talks were resumed, this time successfully. Fiberweb (FWEB, 51p) however is tiny, with just a £60m market cap. Takeover talks collapsed on April 23rd (see Independent comment here). Between the 8th and the 15th of May, […]

A reminder of directors buys with a ‘strong signal’

I’m off on hols tomorrow for a week. Before then I want to remind you of the “STRONG SIGNAL’ companies where we’ve seen directors buying shares. A STRONG signal involves more than one director buying shares, in significant size both in terms of amount of money and as a proportion of previously existing shareholding. So […]