Airbath Share Discussion Threads

[willybaby] 27/4/2004 09:38

well done timbucktoo, you must be psychic. Any more tick ups on the way?

[timbucktoo] 27/4/2004 09:33

i told you so..

[timbucktoo] 27/4/2004 09:23

a buyer please give us another one.so we can put the price up..

[willybaby] 27/4/2004 08:46

not many buyers either. Think this may sit stagnant for a few days until we hear some news

[timbucktoo] 27/4/2004 08:39

first tick up good morning,not many sellers,i think there after stock thats why its going up,its going to be a bumpy few days..

[willybaby] 27/4/2004 08:13

Morning all, what is in store for the bathers today

[willybaby] 26/4/2004 18:28

sorry, was looking at something else. I stand (embarrassly) corrected. you are indeed very right.

[sharw] 26/4/2004 18:07

Willybaby - where did you get the 10% from? I thought that GWB held 14,053,128 ordinaries - 55.31%. Airbath was certainly accounted for as a subsidiary in the last GWB a/cs.

[willybaby] 26/4/2004 17:33

GWB hold 10%

[sharw] 26/4/2004 16:13

It says it will be an all share offer, so don't get too excited folks - remember that GWB holds ALL the preference shares (and they are in arrears) as well as a good chunk of the ordinaries, so it is in their interest to see an offer that is skewed in favour of the prefs. The banks will also need to be paid off, so I'm a little dubious about much value being left for the ordinaries.

In fact, I'm much more curious about what's happening at GWB itself. It has recently disposed all its stake in Quantica at below book value and has also sold a couple of unquoted subsidiaries. That is against its policy of seeking out add-on companies that will boost the value of its groups. Maybe it is winding itself down.

If Airbath goes, to the best of my knowledge its remaining quoted subsidiaries will be Collins and Hayes, the furniture company, and EQ Group.

[timbucktoo] 26/4/2004 16:05

and another

[willybaby] 26/4/2004 15:57

a few more tick ups before close would be nice, perhaps they could bring that bid up a bit!

[willybaby] 26/4/2004 15:53

think we are the only ones in this timbucktoo!! 65% think everyone is missing out!

[timbucktoo] 26/4/2004 15:50

more tick ups looking good..willybaby.

[willybaby] 26/4/2004 15:43

Bloomberg 1 hour ago

Airbath Group Plc (ATU LN), a maker of spa and specialty baths, rose 1.25 pence, or 50 percent, to 3.75 pence, the biggest gain in more than 2 1/2 years. Airbath said it was in talks that may lead to the company being bought.

[willybaby] 26/4/2004 15:32

lots of buys buys buys, a nice rise to 5p short term i hope

[timbucktoo] 26/4/2004 15:25

nice one .another move up before close and il be happy.i dont no much about the company, but there products do sell.

[willybaby] 26/4/2004 15:20

on the move again

[willybaby] 26/4/2004 14:58

welcome to the party timbucktoo. Its all buys, lets hope there are plenty more. Have you done any research into them, as i know very little, just had a feeling that it was a good idea to buy as soon as the news came out.

[timbucktoo] 26/4/2004 14:52

hi every one, i came in on the 80000 buy,hope the news is taken the right way this afternoon..

[willybaby] 26/4/2004 14:48

would be nice to see a tick up

[willybaby] 26/4/2004 14:47

lots of nice buys coming through now

[tryabitharder] 26/4/2004 14:38

Company is heavily indebted - so I doubt that there would be a big money offer - some good brands and products but at this moment company is in a precarious state.

I cannot see someone taking on the debt and paying more than 5p per share

[willybaby] 26/4/2004 14:36

huge spread probably putting people off.