Birmingham City Share Discussion Threads

[frogboyz] 03/5/2009 20:01

Had the faith all along, well done you blue boys.

Next step to survive in the big time.

I might be able to sleep tonight.

[andyash] 03/5/2009 18:54

Huge relief - don't think I've got any fingernails left. Well done Blues and I'm sorry for my lack of faith!!

[eggbird] 03/5/2009 15:17

Congratulations to all the bluenoses out there,
The club is £30-£50 million better off thanks to that, and thoroughly deserve to be back in the Prem where they belong.
SP going to go crazy on tuesday, 50p here we come. Going to grab some more myself first thing if I can get hold of any under 40p, for an easy 25% gain

[eggbird] 03/5/2009 15:05

Great game of football!! a few minutes to go, and with the blades still drawing, its looking very good.........Fingers Crossed !!

[andyash] 01/5/2009 19:18

More confidence in the stockmarket today than in this particular Bluenose household!! Here's hoping!!

[bluenose851] 01/5/2009 16:19

too right . come on you blue boys!!!. I live in spain and everytime I have watched the match on TV (apart from against wolves) we have lost. Im not gonna watch it if I can help it as I seem to be a bad omen.!! Keeping everything crossed but I think we may blow this, like we always do!

[eggbird] 01/5/2009 13:20

Similar rise to last friday starting to unfold, as people take postions for a 50-100% rise if Birmingham get promoted on Sunday. Lets hope they do it this time, and don't have to rely on the play-offs !

[yesrupnel] 01/5/2009 08:33

Birmingham Will Focus on Running Tight Ship and Staying Afloat, Insists Gold
Birmingham City's chairman, David Gold, says the club will resist a spending spree if promoted
David Gold, the Birmingham City chairman, has warned the club's supporters that there will be a prudent and cautious approach to life in the Premier League if promotion is won for the second time in three seasons. Birmingham will be about £30m better off if they go up by beating Reading on Sunday or via the play-offs, but Gold insists he will not sanction a spending spree that could lead to the kind of financial problems that have afflicted several former top-flight clubs.

Gold believes that the bottom of the Championship table, as well as the plight of Leeds United in League One, should serve as warning of the potential pitfalls of what might be termed "chasing the dream" in the Premier League. The St Andrew's co-owner and multi-millionaire says that he would like nothing more than to see Birmingham established in the top flight again, but he believes that the first priority should be ensuring the club operates from a stable financial footing.

"I think the question is not how do you stop yourselves from becoming a yo-yo club but how do you stop yourself from becoming a Leeds, Leicester, Charlton or Southampton," Gold said. "That's more important than saying how you become successful. Our fans ask me all the time whether we are going to establish ourselves and challenge Aston Villa. That's not the question. The money you receive [from winning promotion] gives you a chance of survival. No more than that."

Birmingham thought they had managed to become part of the Premier League furniture after three successive seasons in the top flight following promotion in 2002, but relegation in 2006 delivered an unwelcome reality check. Gold admits that there is a belief among some that the only way to succeed in the Premier League is with a "speculate to accumulate" attitude. "There isn't a formula for establishing yourselves – a lot of people tell you there is: spend the money," he said. "But spending the money is like gambling."

The West Bromwich Albion chairman, Jeremy Peace, has adopted a similar approach at The Hawthorns, although running a tight ship does have its problems. The west Midlands club are bottom of the table and facing up to the sobering prospect of their third relegation in seven seasons. "I've got a high regard for Jeremy Peace," said Gold, "because what he is saying is what I am saying: 'My club is not going into administration and finding itself struggling at the bottom of the Championship'. That's my first priority."

Birmingham, however, are not short of financial muscle. Gold and his brother Ralph, who is a director at St Andrew's, are estimated to be worth £300m between them, while the plc chairman, David Sullivan, is believed to have a personal fortune of about £450m. Their interest in Birmingham looked to be coming to an end the last time the club were in the Premier League but Carson Yeung's attempted takeover, which contributed to a period of uncertainty that precipitated Steve Bruce's departure as manager, collapsed amid much acrimony.

Two years on and Gold would not countenance another offer for control at Birmingham without cast-iron guarantees. He would, however, welcome the addition of another wealthy benefactor to the board to help to drive the club forward. "All clubs are looking for the investor to come along and join the football club, whether it's a massive sponsor or whether it's one person who wants to join you," Gold added. "I don't really want to sell but I would love to have another wealthy guy join the board because that's what you need [in the Premier League]."

© Guardian News & Media 2008
Published: 4/30/2009

[andyash] 29/4/2009 20:14

Price seems to be based on promotion prospects rather than takeover prospects. Can't honestly see anyone taking over unless promotion comes but if it does then there is a possible quick rise to 50p+. However, as a Bluenose of many years standing, I'm not holding out much hope for promotion!

[reels] 29/4/2009 19:48

Price now very attractive if someone decides to take a position. Given Carson paid 63p for 1/3rd - this looks like bargain.

[whatlp] 27/4/2009 21:48

My advice would be to sell these shares now. There is no way that Birmingham will beat Reading; and Sheff Utd will win on Sunday. Best hope is for the play-offs but they are a lottery.

[pomp circumstance] 27/4/2009 09:32

break a leg

[frogboyz] 26/4/2009 19:40

We will beat Reading 3-0 and everything will be ok again!

Its Birmingham we always do things the hard way.

[bleunose] 26/4/2009 16:26

from one bleunose to another i have to agree. i was prepared to eat humble pie yesterday because i have just got issues with the brand of football played. sending off changed the game for me . could only happen at the blues . that miss from jerome didnt help . perhaps its easier after the event . i did say before the match why we had our captain and top goalscprer on the bench from the off . still got another shot at it lets pray

[bluenose851] 25/4/2009 19:32

Whatever happens that scittish prik has to go. Why he wants to play one player up front is beyond me. As soon as we scored the midfield dropped back to defense. Ridiculous. The guy is an idiot

[bluenose851] 24/4/2009 15:45

sod the share price. lets just win!!!

[reels] 24/4/2009 15:40

Rumours of overseas interest based on weak sterling and cheap access to Prem club.... suppose we will have to hope for a win this weekend and then see what happens to share price ..

[andyash] 24/4/2009 15:25

I always look at the results to see what they say about a dividend as it wasn't beyond the realms of possibility when Sullivan and the Golds held most of the shares. The standard line taken was to do with accumulated losses and therefore the company was unable to pay a dividend. With Carson Yeoung having 30% of the shares now, there is no way the board would consider a dividend even it were able to.

Am debating whether to sell my shares or not at the moment because I don't think they will go much higher unless there is significant takeover speculation. This may of course happen if we get promoted (no assumption there as I've been a Bluenose too long to know we rarely do things the easy way!).

Here's hoping all goes well at the weekend! BTW - we can't go up before we play as Reading don't play until Monday and they can still catch us if we loose tomorrow (which would make for a horribly nervous next Sunday akin to the promotion away at Huddersfield under Barry Fry for those with long(ish) memories!)

[bluenose851] 24/4/2009 13:59

Football clubs need all the cash they can get. No way would they pay it to shareholders via divi!!

[reels] 24/4/2009 13:48

Could they sell the ground and leaseback from a property company and generate cash to fund players and cash to shareholders as a one off dividend?

[a44] 24/4/2009 12:35

They own the ground and the training pitch. However, Carson proposed (in his failed takeover) that the cost of a new rebuild would add further value to the balance sheet than the current market value worth.

[poppadom2] 22/4/2009 19:43

Appreciate the maths you are doing my friend but if you look at the rise graph last time round when the price went to 50 and the graph this time it is acutally rising faster. This may be down to the fact that many shares are dodgy and any company doing better than expected is good news and appears to attract more than the normal interest. Remember there wasn't a recession on last time round! I also agree that Birmingham in its share price will be a peg or two below Tottenham but this time round if they can go up and stay up we might be seeing a price nearer 70 to 80p by may 2010.
Not bad given that the share was bottoming at a silly 20p only a month ago.
Anyway let's not count chickens till they have hatched they still have to win or get a gift from the blades!!

[a44] 22/4/2009 10:10

poppadom2 - 21 Apr'09 - 21:06 - 885 of 886

Do you serious believe you can compare Tottenham and Birmingham? Tottenham are one of the richest clubs in the world (top 14 last year and top 11 I believe now). On top of that they have one of the richest investors behind the club and are being touted as a possible takeover target.

I hope you also did not simply compare the share price of both?

BMC only reach an intraday day peak of 51p last time in the premiership and then only as it looked like Carson was offering 61p a share via a takeover.

I would suggest the value of Birmingham now (even with potential promotion) would be lower than last year, again I would love to be wrong.