Playgolf Share Discussion Threads

[pharma2] 07/4/2009 16:22

at .26.750k in cash in sept from east kilbride sale and still have the management thier.talk that bank has given them more cash.imho 800k forced sell.will bounce when rns comes

[pharma2] 07/4/2009 16:19

i just bought 414k

[double6] 07/4/2009 16:19

Talks over ??

[orvil] 02/4/2009 15:38

currypasty-take a look at PAA if you are interested in Golf and making money.

[sportbilly1976] 05/2/2009 14:43

seems it has awoken again.....

up on steady smallish buys too, suggesting that it could go quite a way if the herds arrive.

[wooly62] 04/2/2009 10:32

well, the bizarre rise has proven unsustainable. so what was the trigger - was it simple manipulation and if so why? glad i didn't get sucked in against my instincts, although there was an opportunity to make a fast return if you got the timing right. if the mbo theory was right (which i doubt as i can't see why the management would want any more of what i believe is an ailing business than they already own) maybe an offer will be forthcoming once the price drops back to around 1p. i wouldn't bank on an offer from anyone.

mryesyes - good observation re the non execs (who may just be jumping ship because they want to distance themselves from something) and reg'd office. one thing i'm not sure i understand though - what do you mean about this being a front for plg themselves to make money?

[zztop] 03/2/2009 18:06

gavapentin, dyor.. but trp are gonna drill Q1 2009,at 2.55p to buy i feel we will have a run up to drill results and a hit on the target 100mill bbl would imo send the share price much higer, tullow oil have had 100% +ve results in the same area
i hold ready for the action.

DYOR!!!

[3frog] 03/2/2009 17:46

Watched the fantastic rise, finally tried to take the plunge near 5p, bloody glad l decided against it.

[powwow] 03/2/2009 17:04

can't quite remember but did the intraday day go to 5p.. the other day before settling at 3p......

[orvil] 30/1/2009 13:24

For those interested in Golf take a look at PAA and read the 2008 summary on the website

[gavapentin] 30/1/2009 11:28

themoneymonster2
I have had a dreadful time of late with shares(like most!) and am trying to recoup some losses
Do you have any other tips aside CWO as that has now moved quite a bit
Thanks

[mryesyes] 29/1/2009 22:28

Change of registered office PLUS resignation of all non exec directors means only one thing : delisting and a tender offer to you or you hold delisted stock

Someone got the wrong end of the stick, thought it was an MBO, and it started a mad bubble (easy in in mico cap like this) ending at 5p

Trouble is the company may now decide to take advantage of this unexpected madness and place more stock at 1p + instead of the planned 1p tender offer to holders

As of today they could place loads of stock at above 1p and dilute you into oblivion

In any event their golf club was no more than a front for PLG itself to be used as a source of funds for them. Sell now the few of you who bought recently.....

[induna123] 29/1/2009 18:33

I cannot believe people chased this up to 5p this morning. Madness.

[careful] 29/1/2009 17:19

golf is a dead duck as a business.
too many clubs chasing too few members.
falling over each other to compete, all offering incentives for members to introduce new blood.
old players dying off, not being replaced by thirty somethings.
it is a demographic problem and the same for tennin clubs, athletic clubs, clubs of all sorts.
a golf club costs a fortune to run and the income is no longer there.
many will close over the next 10 years.
a bloody frustrating game for the poorer player also.

[smelgy] 29/1/2009 17:12

.............forecast of drop below 3p vindicated.

[themoneymonster2] 29/1/2009 14:30

Get into CWO. Don't let the spread put you off. Going back to at least 7p in my opinion!

[induna123] 29/1/2009 12:20

cheers mate. Will take a look.

[eggbird] 29/1/2009 12:06

Induna123,

Themoneymonster has had another similar tip by the sounds of it, look interesting this is an extract of his very recent posts on the thread
(CWO is the ticker) Very illiquid, could easilly do a PLG imho.




themoneymonster2 - 29 Jan'09 - 10:00 - 1362 of 1371


There was no news in December from this holding company of machinery, engineering equipment and component parts manufacturing businesses operating from China. With the company having reported a pre-tax profit of ,546 and basic earnings per share of 1.10p for the six months ended 30th June 2008, the current share price looks to materially undervalue such performance and a balance sheet which at that date showed net cash of ,505. Our stance remains buy.

From a broker update yesterday!!

simonparker5 - 29 Jan'09 - 10:09 - 1363 of 1371


themoneymonster2, where did you see this broker update yesterday?

themoneymonster2 - 29 Jan'09 - 10:14 - 1364 of 1371


It was sent as an email from GE&CR! They have a target price of 25p! They originally said buy at 12.5p, that would do me! Evil (Simon Cawkwell) said buy also at 5p!!

simonparker5 - 29 Jan'09 - 10:17 - 1365 of 1371


Thanks

themoneymonster2 - 29 Jan'09 - 10:19 - 1366 of 1371


See the "W" shape forming on the graph too?!!! Looks good for a return to 7p!

themoneymonster2 - 29 Jan'09 - 10:36 - 1367 of 1371


HerE's the original tip!

[induna123] 29/1/2009 11:00

money monster, what made you buy on monday, did you hear a rumour?

[smelgy] 29/1/2009 10:50

..........day-traders still piling out - another fall on the way.

[smelgy] 29/1/2009 10:06

..........all hot air and pump and dump. Ready to go below 3p now.

[themoneymonster2] 29/1/2009 09:55

I am gutted
Bought 300k shares on monday for £670 and sold all of them for 0.65! Made £1,200 but could be sitting on £10,500 now!!! LOL