Wagon Share Discussion Threads

[killieboy] 05/6/2008 10:43

I'll tell you what type of stock it is........ but decency precludes me!

[deanroberthunt] 05/6/2008 10:23

250p to 7p...let me guess, this is an AIM stock...

[killieboy] 05/6/2008 09:37

More buys than sells this morning but why as realistically these are worth only 4p.

[kiwi2007] 05/6/2008 09:18

Its not a brgain though.

hvs - you have some insightful analysis to back this up?

[kiwi2007] 05/6/2008 08:59

A bit of clarification if possible.
Is the RI offering to let you buy 10 shares at 4p each for every one share you now hold?

[papalpower] 05/6/2008 02:16

Poor old Aleman........talking this one into the floor, however the talk is of moves up, as it actually moves down.

[dumbarton2] 04/6/2008 18:37

Well stockscreeners seems we think alike.

As ydderf says CR has done a dissapearing act having ramped this dog.

Check out his other ramps lately WGB jqv wdny axn

All collapsed.

[stockscreeners] 04/6/2008 16:48

back to top for the rnvo numptys.

[stockscreeners] 04/6/2008 16:39

money for old rope.

i did warn the bulls here.

its been a very profitable day and i expect more falls tomorrow.

[8trader] 04/6/2008 16:32

Cast iron short if you are into that sort of thing !

[aleman] 04/6/2008 16:29

Amazing lack of trades. I take it many have not seen the news yet.

[aleman] 04/6/2008 15:57

Earnings forecast was 5p then 10p so increased shares in issue suggests 0.45p and 0.9p plus interest saved could be 0.2p so 0.65p then 1.1p. I would think these are headed for 6 or 7p.

[deanroberthunt] 04/6/2008 15:43

10 for 1 rights at 4p.....so heading for 4.5/5p ish then.

[deanroberthunt] 04/6/2008 15:42

I thought results were on the 12th June.....maybe they got itchy feet??

[dumbarton2] 04/6/2008 15:19

LOL down it goes.

[killieboy] 30/5/2008 10:51

Look forward to 12 June then - more shocks!

[peter11] 29/5/2008 09:15

Notice of Results

Wagon confirms that results are now expected to be released on
Thursday 12 June 2008.

[farkyus] 26/5/2008 19:50

It seems to me at this price it could be very well a takeover target

[jimmycarter] 26/5/2008 18:45

Talk of lower demand + exceptional cost for 2008-09 financial year is for me a great worry. If more positive happenings are mentioned in the next set of results then maybe it might be ok. But the current climate in the market place is still gloomy like the wkd's weather(unless your up north). The debt is just another reason why this might still get hit(downwards). If all else was ok and it was just the debt that was the issue then I might feel a little more optimistic. But if the next set of results repeat this message I can not see this doing anything positive untill some time in 2009 at the earliest?

This from last Trading statement:

The Board expects this strong order intake will contribute to Group revenues and
profits from the 2009/10 financial year and onwards. In the 2008/09 financial
year, however, changes in OEM schedules and model changeovers, together with
general expectations of lower market demand are expected to materially impact
volumes, revenues and margin.

As announced in the Interim Management Statement on 18 February, the Group's
largely euro-denominated debt remains above expectations, with additional
impacts coming from exchange rate factors and a material exceptional transaction
cost relating to the potential acquisition of ISE, a major European automotive
structures producer, which is no longer being progressed. The Board continues
to pursue several options to improve the Group's debt position.


Wagon's preliminary results will be issued in early June.