Airbath Share Discussion Threads

[clive the cockroach] 06/5/2005 20:50

Try and stay on topic knowing.
Not content with starting a thread that has cost a lot
of people a lot of money, you now seek to attack other
posters.
Have you no shame man ?
Why do you always pick companies that collapse in value ?
Where did you get this skill ?
Even a chimp throwing darts at the financial pages would
do better than you.
I don't know, I really don't.
Nor do you.

[knowing] 06/5/2005 10:02

zincon - 6 May'05 - 06:02 - 1343 of 1345


Rabbit,Anderson

When you say you have filtered someone you read their next post.
You are both well known for your stupidity and lies as you document them every day.
When will it be before the rest of your juvenile mob turn up with comments such as "My friend has won a trading competition held by Barclays"

I would suggest waiting until puberty kicks in before considering another post on here, up until that time why not return to your own childish threads and leave the adults alone.
In the event that you do post on here again, I will have you on filter
(that means I will not see the garbage you write and therefore you will not get a response).

[knowing] 06/5/2005 09:55

Rupert the rabbit - 6 May'05 - 09:50 - 184 of 184


clive, you are a complete idiot.

You haven't a clue what you're talking about, yet seem to think you have earned respect?





Business News - Sponsored by Yorkshire Forward Airbath cuts down on the debtGroup prepares to say farewell to stock market
A WORD to chief executives and chairmen: Never have your picture taken lying down, fully clothed, in a bath.
Eric Barkas
City Editor
Bill Rooney did it before his kitchens and bathrooms company Spring Ram went belly-up. Clive Gilham did it before he quit Airbath, the maker of upmarket and specialist baths.
No good will come of it.
Airbath is tidying itself up before leaving the stock market. But leaving it most certainly is following the collapse of talks with a potential buyer.
Nobody is saying who the buyer was. Rumours put Gartland Whalley & Barker, the Halifax corporate developer and major shareholder, in the frame.
What's undeniable is that GWB has a big say in the restructuring of Airbath's debt before delisting. It's lobbing in £300,000 of secured debt. Add that to £1m of asset financing – selling debt to invoice factors who take it onto their books – and you get a big debt reduction. Observers say debt could be as low as £1.4m.
With a market cap skimming the bottom of the Aim pond at £82,500 and the estimated cost of listing on Aim at £60,000 a year, going private is a natural. Shareholders get to vote on it in June.
If Halifax-based Airbath goes private, chief executive Lawrence Warriner is not ruling out an eventual return to the stock market. Let's see.
GWB created Aquarius, the Bridlington company that took in baths, furniture and homewares. And GWB broke it up into Airbath for baths and Collins and Hayes for furniture. Aquarius was left with the homewares rump and delisted in April 2003.
Airbath was always a niche business. On the one hand was the eponymous product that blew hot air, rather than water jets, through the bath water. That was the luxury end of the market. At the other end was walk-in baths and baths with hydraulic chairlifts for the elderly and disabled.
The problem appeared to be that the company's products were neither cheap enough for ordinary consumers or expensive enough for high-rollers.
Caught between two stools, it lost £442,000 before tax in the last financial year and lost £270,000 in the latest half year.
One way out would have been the takeover approach. The talks ended without any clue as to who might want to buy this company. GWB was touted because it would want to keep its baby at home.
However, the corporate developer – which itself delisted from Aim – is unlikely to want to be involved with a failing Aim-listed company. Better to sort out the debt, take it off the market and take it from there. GWB has 55.92 per cent of Airbath ordinary shares. As part of the debt restructuring, it is giving Barclays 35 per cent of its preference share holding. That gives the bank a strong position on debt repayment.
On the outlook, Airbath says trading in the second half of its financial year has been disappointing. Low-cost products from overseas are hitting sales.
At home it's the old story of companies who want to put products into your house: Downstairs is OK – neighbours and guests will see that. Upstairs – if that's where your bathroom is – is bad because it's just for you.

Now who looks an idiot !

[knowing] 06/5/2005 09:42

No.

Just another example of you lot trashing a thread as you have continued to do over ADVFN recently.

ATU will be delisted with the majority of debt wiped off. They will either then sell it or relist.

Watch and see how the average RI is screwed by the system yet again.

REBELLION

[rupert the rabbit] 06/5/2005 09:36

Opthalmist - 25 Feb'05 - 15:24 - 20 of 181


"What's level2 looking like?"
..............................................

Knowing - 25 Feb'05 - 15:28 - 21 of 181


"No idea...my trading budget doesn't stretch that far"
.................................



LOL!!

clive, I've just spent a few minutes reading this thread.

May I suggest you do the same, and cease posting.



Rabbit

[dell314] 06/5/2005 08:56

Knowing - I've just followed your advice and read the first post on this thread.
In fact, I reproduce here the first few of your posts, as they clearly demonstrate that you have absolutely no idea what you are talking about and you are a danger to other investors:


"Knowing - 23 Feb'05 - 20:17 - 1 of 179

Thread created to monitor the stock as no charts on the other threads.

The drop in share price seems to have been primarily due to the last results and stopping of the divi. Have a read and see if you think it is justified;


Knowing - 23 Feb'05 - 22:20 - 2 of 179

There are some positive comments to be had in the above. Well worth the risk at this level.


Knowing - 24 Feb'05 - 00:02 - 3 of 179

So, going by ADVFN's figures, we have a market cap of 290K on a comapny turning over 4,000,0000 and having circa 25M shares in issue ! Although ATU reported a small loss for the year I belive that on a PE ratio they look very cheap!"



Where do we start??
Firstly, your suggestion that the fall in share price was due to the cessation of the dividend shows a complete lack of understanding of the financial issues facing ATU. The accounts even included an auditor's qualification that made it clear to any sensible investor.
Your comments about PE are hilarious, as ATU made a loss and consequently had no earnings to produce a PE ratio. Anyone following your advice to buy ATU, when you started promoting it, would have lost around 80 or 90% of their investment, if they tried to sell now....

In summary, you have absolutely no understanding of company financial statements and simply pick stocks that have experienced large price drops, with no appreciation of whether those drops are justified.
You then fill threads with an incessant stream of vacuous nonsense to entice in naive investors before you dump the stock and move on.

Your recent record of stockpicks aptly demonstrate the dangers of following your advice. In just the last four trading days, three Knowing ramps have announced bad news:
TTL suspended pending clarification of financial position
ASR warned on profits and needs further funding
PCF ditched new failed venture

Surely, that kind of stockpicking record is more than just bad luck??

Rgds
dell

All IMHO, DYOR etc.

[mike crowsoft] 05/5/2005 23:56

clive

You are always looking for someone else to blame for your appalling investment decisions.

Look in the mirror for the guilty party.

You buy penny share dogs, in the hope that they will become multi-baggers.

One in a hundred do, and the percentages aren't with you.

[knowing] 05/5/2005 23:26

I suggest that you all read the first post on this thread.

Yet another company that will be delisted with the retail investors screwed after they lose most of the debt. Rumour is that they will re-list when back into profit.

Nice to see that there are so many sick individuals on ADVFN ! No wonder the share price of ADVFN is so low. Journalists would have a field day writting about this site if they wanted to !

[shirishg] 26/4/2005 04:20

Post removed by ADVFN

[clive the cockroach] 25/4/2005 23:35

Knowing - 23 Feb'05 - 22:20 - 2 of 174


There are some positive comments to be had in the above. Well worth the risk at this level.


Very poor piece of research here. I hope no one got
suckered in by the author, who seems to make a habit
of promoting bankrupt stocks.

[knowing] 25/4/2005 11:09

Same old song.

[dell314] 25/4/2005 11:08

Knowing - I wasn't born yesterday!

It appears quite obvious that you bought this, ramped it and got shafted, as your only reason for buying it was that it had fallen in price.
Your earlier posts show that you stupidly thought that a lack of a dividend was the reason for the fall.
PMSL!!

Perhaps, you'd care to explain this post from iii:

Author avoint
Date posted 2005-02-23 23:30
Subject Joking
Opinion Strong BUY

What is up with everyone ?

O 300k Market cap. T/O 4M only just made a loss. Forward looking posiitve ! Only 1.25p to buy !!!

Blimey a bargain if I have ever seen one !


Avoint is another alias of yours, isn't it?
You wrote that, didn't you?

Rgds
dell

[mike crowsoft] 25/4/2005 11:08

if you say so clive.

[opthalmist] 25/4/2005 11:07

100k market cap?

Ripe for a dead-cat bounce?

(or should that be dead-dog bounce)

[knowing] 25/4/2005 11:03

Is starting a thread tipping it ? Seeing as I never bought and only started the thread as others did not have charts I think you are sadly mistaken.

[dell314] 25/4/2005 11:01

Knowing - how on earth have you managed to tip two stocks that have lost nearly all their shareholder value and are about to be delisted(PRSC being the other one)??
As delistings are thankfully quite rare, to ramp two at the same time seems almost beyond the laws of probability!

Rgds
dell

[double6] 22/4/2005 19:36

So they'll seek shareholders permission to de-list .

GWB own 55%, so I think we know what response they'll get.

The small share-holder SHAFTED again.

[mike crowsoft] 22/4/2005 17:39

Trading in the second half has been disappointing due principally to weakness in
the bathroom sector



A bit of a blow to a company that seems to operate in the bathroom sector imo.

[farsight] 22/4/2005 17:37

Pah. Airbath. I remember this from way back when Bruce the Goldfish was pushing it. I wasn't tempted then or ever since, thank Christ. And hello, my old friends Barclays. Oh there's a surprise.