Top Ten Share Discussion Threads

[seanmiller] 02/4/2008 16:17

not guily mate, like a step up before I go for these to try and help with calling the bottom, but whoever that was broke even though lol, sold for more than they paid rofl, excellent.

my kinda trading ;)

[seanmiller] 02/4/2008 16:13

debt is huge, I agree. Was looking at lvl 2 for a bounce, just enjoy mm games. Like a positive move up before jumping in on these ones, nothing yet so moving away ;)

The old smoking ban reaches far and wide eh! lol.

[8trader] 02/4/2008 16:12

Any business where people used to be able to smoke is also
going to struggle, all the pubs are getting hammered, now
the bingo's, what else is there ?...

[safman] 02/4/2008 16:12

"either no debt or a thriving business with debt"..

yeah, thats about right.. anything with sig debt being battered.. unfortunate, but in these markets, little mercy..

saffy..

[8trader] 02/4/2008 16:11

Wise move Sean..small loss on charges :-))

[barn owl] 02/4/2008 16:10

I think it could well be a record year for AIM small cap failures. Debt is death in these dire financial markets and there seems to be plenty of it about.
Stay lucky all.

[wavydavy22] 02/4/2008 16:06

worth 2p max.

Strong sell before the administrators move in.

[8trader] 02/4/2008 16:00

Sean.

28 mil debt, no wonder it's tanked, you cant have a iffy business
and that kind of debt in this market, either no debt or a thriving
business with debt but not what is happening here.

I can understand why it's fell so much.

[seanmiller] 02/4/2008 15:57

excellent, profits are slightly below expectations and the price tanks. MM's so jittery it's laughable.

looks like a bounce is on the cards, level 2 just improved from 1v3 to 1v1

time for small stakes and ride the wave perhaps? lol ;)

[8 ball] 17/3/2008 21:17

Could a management buy out be in the pipeline ?

[goliard] 17/3/2008 10:08

I guess the market has set this price for a reason and poor results could well see it drop further. I haven't bought in again and I am just watching the slide with amazement.

There appears to be a lack of transparency re property and freehold valuations - but even these will need to be adjusted downwards along with all other commercial property assets.

For me the only question is 'how low can it go?'.

[8 ball] 16/3/2008 15:56

Given the interim results and a new guy in charge of the finance.
I think costs will have started to be reduced, plus no divedend to pay.

I suspect we are looking at break even in the full year set of results.

How would break even set of results change the share price.

[kenny] 15/3/2008 09:12

But Rank and others have announced dire results for their bingo halls so it is fair to assume they are trading at a loss with no sight of a turn around.

[8 ball] 14/3/2008 22:04

News flow from these guys is very limited

[tyranosaurus] 14/3/2008 17:58

No trading updates since Nov 21- that`s almost 4 months ago - that`s when the share price was double what is is today.

Let`s hope they do a Pre Close trading update (last year Mar 28).

[8 ball] 14/3/2008 17:24

Not held these for a long time (got out at £1) but they are still on monitor.
The slide look incredable

Would I be wasting my time looking at the figures again ?

A quick look show's 23 million asset value...............How up to date are property valuations??

Debt 30 Million

Please correct me if I am wrong on the above figures

[goliard] 03/3/2008 08:30

Incredible slide in this share price. If the market wasn't in so much trouble I have no doubt that somebody would be bidding for TTH given this ludicrously low share price of 22p. Amazing to think that they successfully resisted a bid of 120p not that long ago. I can't help think that somebody must be running the slide rule over TTH and am quite tempted to buy back in. Things would need to be pretty bad for a market cap of £5m to be justified.

[dogdays] 20/10/2007 09:59

It's interesting to have watched this company over the last couple of years. The business is actually very solid, but at what point does solid become boring?
They never seem to have got away from the Southend on Sea bingo hall syndrome either, which is hardly likely to inspire the market.

The lack of market interest is exemplified, by the number of postings on this thread.

Pity really.

ds

[goliard] 15/10/2007 17:44

And pleased I did too after today's rns re reults!

[goliard] 12/4/2007 09:07

Good to have knowledgable and sensible posters. It is encouraging that Hedgehunter and ADR appear to know some of the inside story as well.
(Have now sold at 75p for a fairly terrible 5% return)

[hedgehunter1] 11/4/2007 15:05

The one thing with this company is it has various strands of value.
1. freeholds with redevelopment angles.
2. Alcohol licences+ Bingo Licences.

Alan Weston and the remaining board are keen to exit with a cash sum, the problem is they keep fluffing up the deals presented through greed.

Am aware Alan Weston gave a party the list of ownership freeholds, and was told to go and persue and come back with proposal, funny how Aubrey Brocklebank bought shares in the same week!

Bluehorn Investment run by Bill Brown ex Foreign and Colonial hold under 2%, and want exit, and is hangging on for potential equity interest to emerge, and will help were necessary, as they are also deep underwater at this level!

The company could realise it's true potential by making it's self transparent, and open it's self up by showing the world what it owns, and how it runs it's self, and by getting a new PR agency on board!

Trying to get any feedback from company direct is hopeless. When you ring asking them questions, like how are you going to mitigate the smoking ban, you get total waffle, that's why they been sold down, people have just lost faith.

However, like all things, this company throws off cash, and has tangible asset backing and by splitting freeholds from the operation, it may create shareholder value.

Think that by keeping pressure on management by letters, and giving them searching questions at the EGM it may agitate things forward.

Power to the small shareholder!!

Happy hunting

[adr05] 11/4/2007 14:50

I have heard lately about Alan Weston buying the shareholders out and taking the company private again. I think he already holds about 70%ish. Just talk though.

I have been suprised with the little affect the smoking ban has had so far. i know its early days yet but profits are only slightly less in comparison with last year in the welsh clubs.

[goliard] 10/4/2007 14:24

I bought back into this last week as I think the sell-off is now overdone and there is a good chance of a rebound. The comments above re the property portfolio are correct and provide a solid backing for the company. The NAV alone justifies a rebound from this price back to about 100p. After that the results will need to be positive to drive the share price back to the 120-130p mark.

Hedgehunter's and ADR05's comments are absolutely right and although I don't have much faith in the management looking after smaller shareholders, they are clearly incentivised to grow the shareprice. As there is no sign of any management willingness to release information and keep investors informed I believe that we may well see Private Equity looking at this company again and potentially even the management looking to take the company private.