Senterra Egy Share Discussion Threads

[bangers] 14/12/2004 14:50

I wouldnt bother altogether.

[pretax] 14/12/2004 13:03

Ooooo I do love Christmas turkey. Yum Yum
Roll on 1p, or maybe I should wait for 0.75p
PT

[pylon] 10/12/2004 13:35

SEN..SORED!!

[divina] 10/12/2004 07:53

felixakulw - 9 Dec'04 - 09:51 - 144 of 145


As a matter of fact divina it was what I now realise was unashamed ramping from 'investors' such as yourself that encouraged me to buy sen in the first place!
------------------

Unashamed ramping LOL

I will make more and have made money from Screen. Live and Learn... but dont lose money learning no fun in that...

[taffychaff] 10/12/2004 07:07

Guardian
EXEL (comments on the outlook for 2005 set alarm bells ringing) - SCI
ENTERTAINMENT (talk that entrepreneur Robert Bonnier has built a 3 pct
stake via a contracts for difference with Cantor) - SCREEN (talk that
Collins Stewart is putting the finishing touches to a 5 mln stg
fundraising at 1 pence)

[felixakulw] 09/12/2004 09:51

As a matter of fact divina it was what I now realise was unashamed ramping from 'investors' such as yourself that encouraged me to buy sen in the first place!

we live and learn!

anyhow, i got £8k of corus at 4.75 so i am not a complete muppet!

rgds

felix

[currypasty] 09/12/2004 09:27

they couldnt bail out for a start... MM's wouldnt take them in quantity!

[felixakulw] 09/12/2004 09:20

that is why i am asking for help from those with more knowledge

rgds

felix

[divina] 09/12/2004 06:42

felixakulw - 8 Dec'04 - 10:45 - 127 of 140


why haven't the institutional shareholders bailed out if it is all so gloomy?

rgds

felix
----------

felix you are a typical retail investor. you have not got a clue how the markets work.

[pylon] 09/12/2004 06:30

It closed yesterday at the mid price between 0.50 and 2.00 pence, at 1.25p. That's how they did it. However, looking at the trades for the day, there were not many sellers. Instead much of yesterday's volume of almost 1million shares were buys.

The best way for punters to deal with this, if the price is artificially low just to get a deeply discounted rights issue off the ground, is to buy (although the spread doesn't make it easy).

Trouble is if the AFX rumour is correct, the institutions can easily cover any purchases made at 2p with their placing shares at 1p and still come out with an immediate profit of 100%.

Level playing field? Promoting confidence in financial markets?

Maybe this is the only way to get issues off the ground these days - who knows.

[kamlani] 08/12/2004 23:41

pylon when was it 0.50p to sell? or have i miss read that ?

[itmak] 08/12/2004 22:37

I still think they need a minimum £10M to pay off current debt and then to fund further investment.

[pylon] 08/12/2004 21:45

So that's how they get the Share Price down to the 1p level.

Guess what folks, it closed today at just over 1p - 0.50p to sell; 2.00p to buy.

Getting awfully near that 1p placing price that the AFX today mentioned.

Unless there are a hell of a lot of brave punters out there who can spot a bargain.

[pylon] 08/12/2004 12:34

Looks like my post 129 elicited a response via the RNS just announced ... interesting.

[rmart] 08/12/2004 12:11

as soon as the big boys have their cheap shares, this will be back up to 5p before you can hit your buy button.

[taffychaff] 08/12/2004 12:08

LONDON (AFX) - Screen PLC confirmed it is at an advanced stage of
discussions with potential institutional and other investors concerning a
significant injection of new equity capital into the company.
The company added that should negotiations continue to progress favourably,
it hopes to make a further announcement by the end of this month.
Earlier there were rumours that the AIM-listed surveillance technology
company is about to launch a heavily discounted cash call.
The company added that it continues to operate within its existing banking
facilities, and that trading at an operating level is in line with expectations.
cml

[felixakulw] 08/12/2004 11:36

can someone explain this averaging down malarkey

i have 7500 0f these @ 76p

if i buy 30000 more @ 2p (say) that will be £600

so my total holding will then be 37500 at a total cost of £6000

which works out @ 16 p a share

is this correct?

ps i am not responsible lad in disguise!

rgds

felix

[pictureframe] 08/12/2004 10:49

LONDON (AFX) - Sellers had a go at Screen, 0.25 adrift at 1.87 pence, amid
talk that the AIM-listed surveillance technology company is about to launch a
heavily discounted cash call.
Speculation has it that a rights issue will be pitched at the 1 pence level
as the company seeks to cut debt.


Good luck you long termers

[felixakulw] 08/12/2004 10:45

why haven't the institutional shareholders bailed out if it is all so gloomy?

rgds

felix

[bernieboy] 08/12/2004 09:27

Itmak - looks like you were too positive with your 2p target!!