|Eliza Tinsley Group
||EPS - Basic
||Market Cap (m)
Real-Time news about Tinsley(E) (London Stock Exchange): 0 recent articles
|charo: market cap divided by share price suggests 50 mill plus.in shares issued.rumour is indeed of mbo with poss sale of hardware side to reduce debt my doubts as to
any eventual benefit to shareholders remains|
|jonwig: Hello zeppo, and thank you for this.
I thought everyone was in hibernation for the last three weeks. Lowland's share price is certainly performning well.
|jonwig: The share price behaviour recently prompted me to take some notes.
This week, the price has hardly moved to date: 18/19 bid - 21/22 offer.
Buys have been bigger orders than sells, the largest buy being 25000, the largest sell 8100.
There have been more sell orders than buys (about 3:1).
The only news since the AGM has been the broker 'buy' note.
The AGM news was as positive as one could wish for, and nothing much seems likely before December.
If there are weak holders (ex-open offer) the psychology of market makers may well be to flush them out by keeping the share price soft. It seems to be working.
Of course, with a small company such as this, any bad news will knock the shares hard before an exit chance presents itself.
I realise that adding to my holding at these depressed prices would be an act of faith, but equally selling doesn't enter my head.|
|huntie2: zeppo - I live not too far from cradley, have always been aware of their premises there and for whatever reason followed their share price over a year or two....then saw the article in shares magazine which got me to look a little further, and then..dip the toe in the water! I'm sure you are right though, nothing will happen to the price without some news. it's hardly a household name amongst the share trading fraternity! not yet, anyway. all the best, huntie.|
|jonwig: Proposed move to AIM announced today could be promising:
first of all, it will save them £££
second, there's a load of AIM-type VCTs chasing too few stocks. I'm sure a few would want to buy into TNL.
Another engineering company moved to AIM last year (Stadium Gp) in which I've had a long position for some time. The share price has done well since, though of course, the reasons are probably quite unrelated!|
|jonwig: You've always got to factor in a bit of speculative froth in open offers etc. Some may have taken up the offer in the hope of a quick, though small, turn. These will be weak holders and may depress the share price in the short term. We're talking about small-cap, so small deals can have an effect. The fact of under-full subscription is more a comment on general malaise, I think, than a raspberry towards TNL.|
|timbo003: I don't know if I would describe TNL as a jam tomorrow company, after all they have chucked some pretty decent divis at share holders over the last few years.
I personally think the open offer is a bargain and I'll be taking up the offer (assuming the share price stays where it is or goes up) and I'll be asking for a few more.|
|hybrasil: well That is a pleasant surprise. Iwill be taking up all my entitlemnet. I would have thought they would have to go a much lower price than 22p. Iam very pleased with this progress . It certainly underpins the current share price|
|currypasty: results slightly dissapointing, but share price is holding now.|
|this_is_me: The trend is your friend - the share price is following a trend up to a more sensible level than the present depressed one.|
Eliza Tinsley share price data is direct from the London Stock Exchange