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OAH Oak Hldgs

0.20
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Oak Hldgs LSE:OAH London Ordinary Share GB00B1XLNB88 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.20 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Oak Holdings Share Discussion Threads

Showing 1726 to 1749 of 1800 messages
Chat Pages: 72  71  70  69  68  67  66  65  64  63  62  61  Older
DateSubjectAuthorDiscuss
17/4/2012
06:51
In future I'll stick with 100% holdings in my own companies and never buy a share in another company. What a tale of incompetence OAH was. Stuck now with an investment in this Pires company.
ghbg
23/3/2012
11:52
Me too.
I assume the price will open around 0.001 so not great!
However, if their new business (and a competent management team) look interesting, I may well average down later in the year.

timely4
23/3/2012
10:43
Hi timely....The same gang have a few shells at the moment waiting for developments, so it wouldn't surprise me if it's a few months before we get going.

I daren't think what my 800k holding is going to be worth, but I'd written it off as a lost cause in any case!

Not one of my better selections.

the_beagle
23/3/2012
10:32
I will be interested to see which sector they enter by buying a business with the proceeds of the fund raising.
timely4
23/3/2012
10:23
Which was?
the_beagle
23/3/2012
08:54
If you do a web search of Rivington Street Corporate Finance Limited, you see it was acquired in 8 Nov 2011 by DJ Webb and then promptly disposed of in 2 Dec 2011.

Part of their 'boast list' includes :

- Mergers and Acquisitions
- Takeovers and Reverse Mergers
- Mediator between companies, the regulatory authorities and the Takeover Panel BROKING


and Company Check lists them as :

SIC classification: OTHER FINANCIAL INTERMEDIATION

It looks like Oak are going the way of Anglo Welsh.

gbb483
23/3/2012
08:04
Life of a sort!
the_beagle
20/1/2012
11:15
Whoops - its back again.
gbb483
19/1/2012
17:09
This web site is now classifying OAH as an 'unknown stock'. Other web sites are still showing it.
gbb483
29/12/2011
10:06
The trading statement gives a bleak outlook. It seems that just about everything is now pledged against loans.
pifedayo
04/11/2011
15:13
My broker has just sent me an 'important' corporate announcement on OAH - it appears I cannot exercise my warrants whilst they're suspended. Oh I am put out.
gbb483
29/10/2011
12:06
Today's Yorkshire Post has an interesting article regarding the development of Rother Valley National Park:-
pifedayo
26/10/2011
16:23
It looks like there isn't going to be a quick solution to this ...
gbb483
24/10/2011
15:09
I agree timely4 that there is not much we can do but wait. I'm going to leave it a few days then see if I can get to speak with the chairman. I can't find anything in the Rotherham press re the break down, but the park's website has an apology that some entry cards are not working temporarily!

If anyone sees or hears anything at all relevant, please post it here.

the_beagle
24/10/2011
15:03
All we can do for now is speculate on what might happen, so I am going to just sit back and wait now for the outcome, whatever that may turn out to be. I reckon it could be some months before we hear any news if they lock horns with the council, and/or get embroiled in negotiations with the new developer over the strip of land.
timely4
24/10/2011
11:15
The matter nagging at me most is how a 7 year agreement can just be terminated without notice after just 2 years. The company said it was out of the blue. If that is the case we need to be told what the agreement contained, and what were the conditions regarding terminations.

However, it sounds as if Oak didn't see much value in running the park, and I'm sure we would not have taken it on had it not been for the Yes project, now dead in the water.

As timely says above, Ringwood was fortunately the baby of our remaining director and chairman, and the reason he is still there, which is good. Once free of Rotherham I think he and the new man will probably hatch a plan for expansion through acquisition in the more attractive region of the south coast, where people traffic is more catchable.

We may well get our shareholdings diluted by the issuance of new shares, but at least there would be some future. Time will tell. GLA TB.

the_beagle
24/10/2011
10:56
True, or maybe the other way round, given the RNS about renovating those cars. I would like to know what he is up to.
timely4
24/10/2011
10:30
Probably the recently appointed Associate Director was appointed with a view to expanding the asset? at RVCP along with the other RTCE asset.
ghbg
24/10/2011
09:25
The chairman came from his Ringwood association. It was Steve Lewis and the previous directors who were associated with Yes and RVCP. Surely the strategy must be to get a pay-off from Rotherham/and or the new developers and then build on Ringwood's assets? I wonder what progress the fairly recently appointed director has made in determining the way ahead?
timely4
24/10/2011
07:19
Surely the business it know best was RVCP generating the most revenue.
ghbg
24/10/2011
06:12
With regards to administration of OAK, there is no need whatsoever. The Rotherham business is not connected with Ringwood etc and could be put into receivership independently if so required, leaving OAK with the businesses it knows best. I know there may be some guarantees but equally there may not be any.
the_beagle
23/10/2011
16:09
The Directors have significant shareholdings but did those shareholdings cost them anything. The only one could possibly be the chairman who sold the RTCE business including vehicle restoration. I think they probably could and in the interest of shareholders should make a nuisance of themselves to RMBC, in fact it is totally unacceptable that the RMBC appear to have approved planning with staged development until 2016 and then pulled the plug on the whole business plan and now with the Country Park as well particularly as it is documented that the idea was that the Council would end up with no cost running the park and this was the supposed benefit. I think the company is left with little option but to take action against the council and if not then against their former directors and advisers if the agreements were not watertight enough.
ghbg
23/10/2011
07:25
Re your last point - do you think that they could make themselves of sufficient nuisance value to extract a buy off by the new developers?
Your point about administration makes sense of course except that the Directors also have significant shareholdings. So I was assuming that to find an alternative solution might be in their interests too?

timely4
22/10/2011
21:23
No doubt the move is in part to do with wider site. But the fact is it leaves OAH with nothing at present. If the planning permission is altered there is no guarantee that site access will be required over the land but over land that either already forms part of the park or over the existing approved site. The land has a Vendor mortgage on it i.e. the Vendor had a secured charge. I would put the company in to administration so as to get rid of the liabilities of the YES costs and the mortgage in respect of the land and then acquire the remaining bits of the company, almost a pre-pack administration similar to the type that retailers use when they need to get out of leases etc.

On the other hand I would already have my lawyers working and putting the matters to Court and delaying the China MCD/RMBC new proposals.

ghbg
Chat Pages: 72  71  70  69  68  67  66  65  64  63  62  61  Older

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