High-Point Ren. Share Discussion Threads

[panagos] 05/8/2003 16:26

Looks like nobody round here like this share...

Although 92% of Oustanding shares is tightly held
%
Ivory 11
Pru 8.7
Progr. V 8.6
aMVESCAP 7.6
Schroder 7.4
-"- 7.3

etc etc...Over 24m shares tightly held

[panagos] 05/8/2003 15:29

Mcap 1.9m
Loan 2.6m

City values hpt at 4.5m

Turnover 25m

Operationaly profitable

Looks v. cheap BUT why is it like this? Imho due to bank's keeps renewing facility every couple of months. Why is that? Because proceeds from contracts awaited to repay bank.

Do we believe them? Has management history of shafting shareholders? Are management shareholders?

Views?

TIA

[rockbottomone] 05/8/2003 14:29

In for 100k, and if they can't sort their finances out I will!

[panagos] 05/8/2003 14:27

There is a gap between 10-20p.

With news of debt repayment between now and end of Sept. this gap will be filled imho.

Killer spread though..

[minky] 05/8/2003 11:01

Is there an e-mail address for double6 please

[le turk] 05/8/2003 10:52

spread is massive, but that could be a plus-stops people dumping prematurely.
once this loan extension nonsense is sorted then we should see these really motor.

[panagos] 05/8/2003 10:30

cheap as chips, imagine what will happen to the price then contrac proceeds come in.....

[panagos] 05/8/2003 09:39

lol...first place already ;-))

[panagos] 05/8/2003 09:37

good call le turk

[le turk] 05/8/2003 09:36

there she blows captain.

[dontknowitall] 05/8/2003 09:36

Well held those still in!!

[panagos] 05/8/2003 09:33

This thread will be more busy if we appear in the top gainers list today ;-)

[panagos] 05/8/2003 09:27

YEP.....GOT IN....STRONG BUY AS BIOMAX SAYS!!!!!!

NMS low lets take it to 10p

[hooley] 05/8/2003 09:26

Banks are keeping a tight rein on the loan facility - just rolling it forward for another 2 months. Hope they don't lose patience!

[currypata kai] 05/8/2003 09:22

been renewed

[iantc] 04/8/2003 16:59

got to panagos ,suprised it was not today

[panagos] 04/8/2003 16:51

ian

is this rns ever coming?

[iantc] 04/8/2003 16:39

targatarga ,large sells lol ,hold more than was traded today and i am a small invester ,institutions and management hold most shares just t 10ers tacking there profit ,rns due any time hold on tight those that can

[biomax] 04/8/2003 12:09

POSITIVE NEWS WOULD BE NICE

[panagos] 04/8/2003 10:39

if facilites are not renewed its worth 0p. See CRI.

But nonw of the institutions sold which is incouraging.....I'd sit on the sidelines for now, will get in if good ewsfloe comes out...it doesn't mateer if i lose the bottom

Imho

[le turk] 04/8/2003 10:35

Am I missing something here? NtAV at 14p, market cap. 1.3mil. turnover some 26mil. share price 5p, and people question the value offered by this share!

I must be stupid as well as ugly.

see you lot at 14p.

[dontknowitall] 04/8/2003 10:22

I just expected a bounce from its big drop and missed out on selling when it rose to 6p (greed). My original target was 4.5p to make a 25% profit and I decided to take it this morning.

Purely trading on a whim rather than looking at what the final climb might be.

Hope you do well with it though. In theory if it's recently reached 6p with no news there's not much reason why it shouldn't do so again.

[panagos] 04/8/2003 10:18

well, so you are not expecting good news eh? eitherway an rns must come out today....last time it came on the 2nd of the following month when facilities extended......

[panagos] 04/8/2003 09:55

What target?