Bould Opportunities Share Discussion Threads

[shatoy] 02/7/2004 08:48

just bought some too, stock very short imho

[nissi beach] 02/7/2004 08:35

sorry that was 21.4p offer before i bought some more.

Now 24.5p so they must be very short of stock

[nissi beach] 02/7/2004 08:24

current spread 20.2p-21.4p

[nissi beach] 30/6/2004 13:16

RNS Number:2788A
Boustead PLC
29 June 2004

Boustead plc

Boustead plc has changed its financial year end to 31 March, reverting back to a
twelve month accounting period. This change was effected for acquisition
purposes.


looks like we have action

[nissi beach] 30/6/2004 13:14

well spotted raygun

i have bought back in

[raygun] 30/6/2004 08:54

Noticed the announecment yesterday of change of accounting period FOR ACQUISITION PURPOSES. News about to be released methinks on the long awaited acquisition. This could fly.

[nissi beach] 21/5/2004 09:01

another few days and time to take profit

looking at AUK now with an unjustified fall today

75K sold and 50K bought leaves only 25K extra with mm

[goldent] 20/5/2004 15:54

a little tick up, more to follow.

[nissi beach] 20/5/2004 12:07

you can buy 1.5p inside the spread

[nissi beach] 14/5/2004 16:22

rise to 20p will simply be correction of the fall i highlighted
the company buy will lift it over 20p

[goldent] 14/5/2004 16:19

Interesting buys recently think anythings happining with the buying of another company.

Nice rise today..

[nissi beach] 14/5/2004 15:17

a few buys and up it goes a few more and it will soar

[bartonski] 13/5/2004 15:53

not selling yet guys

[nissi beach] 12/5/2004 08:50

Boustead PLC sold all its business and now has 2.5m cash

A recent fall has produced a big discount to NAV

So what happened to make it fall small sells on the 6th of may

1 some one sold 10K at 17p followed by 2 smaller sells of 2K at 16 and 13p
Tiltonboy bought 25K at 14p and then another person 10K at 15.5p
So net buys 35K less 15K equals mm with 20K LESS stock and the prices falls

It has risk because the cash is lent out not in the bank but does that justify such a big discount

The company is also in the process of buying another company so while you wait you are buying into a company which has undervalued cash

DYOR but i think it is worth a 10K buy

[8 ball] 11/5/2004 19:45

Have just had a look at FOS.
Another interesting Cash shell.

I am only holding MKP at the moment, plus the remains of Lionheart.

Will do a bit more work, but do fancy adding another to the portfolio.

[nissi beach] 11/5/2004 12:46

8 ball

yes i too would feel better if it was in the bank earning money.

IMO like MKP this will slowly adjust to NAV over next month in run up to final results

[ben value] 11/5/2004 10:37

tiltonboy

The Value Thread is still on the London Forfaiting thread (LFC). There was some talk about moving it to the 600 Group thread but this never happened.

I look forward to reading your suggestion.

Ben

[tiltonboy] 11/5/2004 09:20

Ben,

I haven't posted on the value board for a long time, and have forgotten what thread it was on. I have an interesting suggestion, but do not want to be seen to be pushing it on other threads.

tiltonboy

[ben value] 11/5/2004 09:11

StewJames - Thanks for your message. I do hold FOS and they seem a safe bet. At the same time I bought FOS some months ago I also bought shares in Mid-States. Mid-States is also a cash shell and making a profit. It has deferred returning cash to shareholders to assess acquisition opportunities.

[8 ball] 11/5/2004 00:24

Thanks for the tip on the MKP bb Nissi.
A few familiar Cash shell followers on here.

So 17p to buy 24p cash(debtors) looks interesting.
Would feel more at ease if it was in the Bank.
How safe is the debt?

[stewjames] 10/5/2004 17:15

Ben, have you looked at FOS. Basically a cash shell trading at a cash discount but which also has a (small) profitable business already.

[stewjames] 10/5/2004 17:04

nissi, no I got distracted. Lots to do at the moment. Have to mull this one over for a day or two, I think. Need to be sure given the spread. I really don't like the way the cash is sitting in someone elses account, and that's only partly because it's earning them no money at all. Skyship, did he not give any explanation at all why they have this bizzarre set-up?

[ben value] 10/5/2004 16:56

Skyship - I picked up the 6K. No problem at getting it at 16.5p

[nissi beach] 10/5/2004 15:45

slowly but surely the stock is being taken up.

those in early can get all the stock they need although buy price is now 17p on a dummy order