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Challenger Share Discussion Threads
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|VIDEO Chief executive Mark Gustafson Challenger Acquisitions Limited (LON:CHAL)
22nd October 2016
Giant observation wheel investor Challenger Acquisitions Limited (LON:CHAL) has said its New York wheel project is making “fantastic” progress and is on schedule to open in April 2018.|
|~~ADVFN*MODERATEDWhy did CHAL blow 3 millions into that project? What's in it for them? It's 0.5% total cost for the project.
|New York Wheel by the numbers: 12 facts and figures
By Susan Lunny Keag | email@example.com
Email the author
on October 13, 2016 at 1:38 PM
STATEN ISLAND, N.Y .-- When the New York Wheel is complete, Staten Islanders will definitely have bragging rights, as it will top the current greatest observation wheels across the globe, including the Vegas High Roller, the Singapore Flyer, the Star of Nanchang and the London Eye.
The largest observation wheel in the world is currently being constructed in Dubai. Once done -- it will reach 689 feet in height, compared to the New York Wheel's finished height of 630 feet.
It's estimated 6,000 people will visit the New York Wheel each day and the tourist attraction is scheduled to open in April 2018.
For those of you who are wondering what exactly the New York Wheel will look like, consider examining this massive hometown project by the numbers, according to Mammoet, the project's construction managers.
BY THE NUMBERS
6,000: The number of tons of steel the Wheel structure weighs
1,440 people: The total maximum capacity of people allowed on the Wheel per ride
630: The overall height of the Wheel in feet
600: The diameter of the Wheel in feet
200: The design of the Wheel is similar to an enormous bicycle wheel; however, it is over 200 times larger than the average bicycle wheel
144: The number of spoke cables in the Wheel
120: The number of feet the Wheel will be located from the shores of New York Harbor
38: The number of minutes the ride will take to experience
36: The number of climate-controlled capsules on the Wheel. Each capsule will accommodate up to 40 passengers
10: The number of inches the Wheel moves per second (and it doesn't have to stop for passengers to step on and off)
7: The number of days a week the Wheel will be open
3: The minutes it will take to walk to the Wheel from the St. George Ferry Terminal|
|VIDEO Challenger Acquisitions Limited (CHAL) Steel legs for the New York Wheel
10th October 2016
arrive in Brooklyn’s Marine Terminal in Sunset Park, and will be barged in to Staten Island for construction at the St. George waterfront. Challenger Acquisitions Limited (CHAL) Steel legs for the New York Wheel
10th October 2016
arrive in Brooklyn’s Marine Terminal in Sunset Park, and will be barged in to Staten Island for construction at the St. George waterfront.|
|Challenger Acquisitions Limited (CHAL) Kolkata Eye project likely to get nod by October
5th October 2016
|Challenger Acquisitions Limited (CHAL) New York Wheel is marking a major milestone with the arrival of its first physical components.
4th October 2016
|New York Wheel @TheNewYorkWheel 11m11 minutes ago Brooklyn, NY
Piece by piece the wheel’s arrive weighing in at 500 tons per leg...
|ICYMI: @nytimes "Rolling Out a Huge Wheel on the Staten Island Shore" http://nyti.ms/2d8BtnW #StatenIsland #onebigwheel @HeleneStapinski|
|VIDEO Challenger Acquisitions Limited (CHAL) First step for NY Wheel: Legs arrive this weekend
By Tracey Porpora | firstname.lastname@example.org
on September 30, 2016 at 6:00 AM, updated September 30, 2016 at 6:02 AM|
|Rolling Out a Huge Wheel on the Staten Island Shore
By HELENE STAPINSKISEPT. 30, 2016
|The 3 Ways Straco Corporation Ltd Makes Its Money
By Lawrence Nga - September 19, 2016
The company has enjoyed great business growth over the past five years, with its revenue and profit jumping by a total of 177% and 197%, respectively, from 2011 to 2015.
Its stock price has followed suit – since the start of 2011, Straco’s shares have gained 417%|
|More coffers in the bank today looks like they are gearing up for something circa £2.5m in the bank now and a tiny mkt cap|
|CHAL buyers taking what they can get and its not many news looks very close|
|CHAL MOVING FAST GUYS|
|~~ADVFN*MODERATEDLooks like you'r running the CHAL fan club on your own, dice.
It's a shame because this looked like a really good opportunity when it was readmitted last December. Unfortunately, two extracts from announcements made this year tell the tale:
27/04/2016 "… New York Wheel Project which is currently under construction and is targeted to open in 2017"
30/08/2016 “… The grand opening of this NY Project is targeted for early 2018”
Given that the first announcement was made a third of the way through 2016 and the second just four months later, together they paint a picture of poor judgment by management. Even the second announcement uses the expression "targeted" which implies, following the first announcement, that this indicates no more than a wish or a hope rather than a clear plan.
The market always punishes companies that first promise jam tomorrow, then announce that the jam delivery is delayed until the day after tomorrow. Once the jam arrives, I might be tempted.|
|Challenger (CHAL) Staten Island's huge observation wheel makes progress in St. George
The enormous attraction will stand 630 feet tall when it’s eventually completed
BY TANAY WARERKAR AUG 31, 2016
|i will keep buying under 20p but not easy getting them mms know its way cheap news close if you read the rns plenty hints|
|I am looking to pay for my T deal. Rather than to sell it at the end for a loss.
Looks like I am sitting on a sound investment.|
|Topped up again today 25k was torture getting a quote Jakarta news will transform ill keep buying untill this news comes and then watch the herd arrive|
|~~ADVFN*MODERATEDBack testing of the lows would be my guess....|
|CHAL multiple 50k buys are we getting another update|
|Why is this now lower than when the RNS was issued?.
All the 50% rise from 28p has been lost.
Loads of people loosing money and nobody seems to care about thier losses.|
|16:10 30 Aug 2016
Challenger Acquisitions (LON:CHAL) has started to talk to potential funders for a portfolio of London Eye-style giant observation wheels around the world.
The company has a 2% stake in the New York wheel, expected to open early in 2018, but is also waiting for the go-ahead for a wheel in Jarkarta, Indonesia, where subsidiary Starneth will design and oversee construction.