Ennstone Share Discussion Threads

[palwing] 12/1/2009 21:50

LOL Bull_Mega...like your style!

[bull_mega] 12/1/2009 21:29

palwing & Vatteton you don't need Steel or crystal balls you need Ennstone balls yes stone balls.

[sakamuka] 12/1/2009 18:04

Big noises in the Buxton area...this co is NOT going down!

[vatteton] 12/1/2009 17:45

Balls i have two, neither of which are crystal, but serioursly the days events clearly show there is interest in the company, they have bought some time today, at what they said made no difference to profit figures,So the proceeds bought with our rights @ 42p per share, together with other future disposals of our cash raised, will keep us in business over the next few mnths ?
Don't get the wrong idea but i am one of the 35p holders.This co must not go down !!

[palwing] 12/1/2009 16:39

Price Monitoring Extension is activated when the auction matching process would result in an auction price that is a pre-determined percentage above or below the base price.

Hmmm.. maybe a bit of a dip in the AU at closing. Profit taking?

All in all, a good run today though.

Good luck all...balls of steel needed here?

[sakamuka] 12/1/2009 13:31

A very good contact of mine is well to do with Tarmac based in North Staffs (caldon low) and is tipping Enn VERY highly. Being close to the Derbyshire border he gets a lot of news hot off the press so to speak. Yes, it is all speculation at this point, but its good enough news for me. Buy buy buy!

[bull_mega] 12/1/2009 11:37

market is trying to flush out faint hearted and day traders.Big spread is for the reason lots of high side.

[simon_64] 12/1/2009 11:25

TMC about to blow. DYOR.

[warranty] 12/1/2009 11:06

I'm holding from 30p and had actually written these off completely so although I'm well down I don't intend to add. If the company survives I would fully expect the share price to recover in due course so that's how I'll leave it. Good luck to all those who got in low though I hope it keeps going up for both of us!!

[phbatbjco] 12/1/2009 11:02

some realism then in this latest announcement

RNS Number : 4667L
Ennstone PLC
12 January 2009


Ennstone plc
("Ennstone" or the "Company")

Property Disposal

Ennstone announces that, on 9 January 2009, the Company exchanged contracts for the sale
of its former natural stone works and redundant
quarry at Stainton, County Durham to a group of local businessmen (Messrs Buck, Foster and
Gauja) for a cash consideration, payable on
completion, of £1.325 million (the "Transaction"). It is currently anticipated that the
Transaction will be completed on Wednesday 14
January 2009. At 31 December 2008, the assets subject to the Transaction had a net book value
of £2.234 million and for the financial year
ended 31 December 2008 generated no revenue or profitability.

The proceeds of the Transaction will be retained by Ennstone to meet its short term
working capital requirements. The Company continues
to be in negotiations regarding either a refinancing or an offer for the Company. These
negotiations are on-going, however, the Company's
financing situation remains critical and there can be no certainty of a satisfactory outcome.


See last sentence especially

[phbatbjco] 12/1/2009 10:32

spread on TDW now is sell 2.85 buy 4.0p - ridiculous

[bull_mega] 12/1/2009 10:29

on plusmarket high share price shows at 04p trades 946790

[phbatbjco] 12/1/2009 10:27

interestingly my online broker (TDW) will let me sell but wont let me buy any!

[monkeywrench] 12/1/2009 10:23

phbatbjco, post 1229. As said previously, that's what many
are doing on here. It's called making profits and not being too greedy.
Good advice, but not everyone listens.
You can still get 2.9, so if you got in at 0.38 it's plain stupid not
to take some profit.

[phbatbjco] 12/1/2009 10:23

I still feel if you look at the balance sheet and P & L (see my previous post some time last week) it's worth hanging on in at the moment but as I said at the time its a high risk so dont bet your shirt on it - I havent and am in it on the basis of "what you havent had you dont miss"!!!

[nod] 12/1/2009 10:22

btw - I hold GPG which is the largest shareholder in ENN, so I'm still an ENN shareholder in a very tiny way.

[nod] 12/1/2009 10:18

ph - that's what I had been trying to do but couldn't get a good price. Then I was offered over 3p and could not resist.

Been watching ENN trades closely over recent days and thought rise was largely driven by small traders. Thought could fall quickly if an insti decides to sell more.

Also, I feel it's important not to get too greedy.

I bought Lloyds TSB this morning - boring by comparison but perhaps a bit safer than ENN in these volatile markets.

[phbatbjco] 12/1/2009 10:10

nod why not sell 1/2 keep 1/2

[phbatbjco] 12/1/2009 10:09

not negative - just realistic - but am happy to hang on in at the moment

[nod] 12/1/2009 10:09

I'm out. I was able to sell at over 3p.

Unbelievably, that was a six-bagger for me in one week (bought last Monday).

Net profit of 621%

[bull_mega] 12/1/2009 10:04

Guys if you are not in you have not missed the boat but you have missed flight.SP must go back to 30p level at least. Its profitable business, hicks up of refinancing should be on placed soon. Keep out your negative ideas out of here.

[monkeywrench] 12/1/2009 10:00

Unbelievable.

[phbatbjco] 12/1/2009 09:33

Am in overall profit at the moment!!!!

[palwing] 12/1/2009 09:29

phbatbjco

Luckily I resisted at 30p etc and got in at 0.8p. However, I do know there are a few others in the same situation as yourself. Hopefully you have managed to average down quite a bit and this is the first step to recovery? Good luck.