|Water Hall Group
||EPS - Basic
||Market Cap (m)
Real-Time news about Water Hall Grp (London Stock Exchange): 0 recent articles
|mypension: Let me see if my understanding is correct:
I buy 100000 WTH at a cost of say £2300. For that I get:
a) 12500 shares in PEG which at today's price is 11.45P x 12500 = £ 1431
b) £2000 worth of loan notes. That's £3431!!!
Not only that I will get £140 for 5 years after which I can get my £2000 back.
If I convert I will get 25000 shares (at 8p) so more profit if the share price is still 11p after 5 years.
Have I misunderstood???|
|tiltonboy: Large chunks of stock!
I can see a few small buys go through that is about it.
The long term future of the share price will be down to the ability of the directors to turnaround the fortunes of PEG. If you truly believe they can, then take a view(as you have done). If you believe they are incapable (as I do)then sell (as I am trying to do). I do not wish to hold unlisted loan stock, and illiquid PEG shares.
Two views make a market, and I respect the rights of everyone to hold their own.|
|solarno lopez: Perhaps they haven't read the Offer Document in full. A tasty yield of 7% on the loan stock and FREEDOM from the banks
Take out price of 4.6p
Share price a tad over 2p its a GIFT with the above take out price|
Apart from their investment in Premier Asset Management, the rest of their investments have been an absolute shambles. The directors have overseen a fall in assets from in excess of 10p per share to the current level. What makes you think an aggregates and tip operator can run a surveillance company.
Take a look at where they made their first investment into PEG and see where the price is now!
If you believe the WTH directors are capable of turning it around, then surely the WTH share price is an absolute bargain. It will get you into PEG below the bid.|
You having a laugh!
They are making an investment in a company where the bankers were pulling the plug!
Look at the track record in PEG, and look at the share price reaction in WTH. Says it all really.|
|solarno lopez: That is what we are wondering they don't normally spend this much cash on a deal so maybe the share price is at a bargain price.
Remember if you deal especially as a buyer you can get good prices well within the spread|
|solarno lopez: As I said, something of interest despite my concern at the Boards ability...the share price has ticked up|
|solarno lopez: Whilst I have been highly critical of the Waterhall's Board and to some extent still am, the latest announcement should be read with interest on two counts.
First my usual blast at the Board, they buy into a market that was unravelling and have now taken a £27k loss on their investments made a month or so back. You will of course say that is nothinh new for this Board they are good at making investments that lose money ...nothing changes.
They must think their new investment is so special as having caused them to sell their portfolio so soon and also selling out of Lloyds.
Interesting times ahead with a share price at rock bottom so I am starting to accumulate once again.|
|vatacarma: Whilst it is only small buying at the moment, following the directors very large purchases last week I would guess that any purchases at these levels will prove fortuitous in the medium term.
The majority of these penny companies that are carefully managed do come good in the long run either as quality shells or in their own right.
Asset value is still above the current share price which is a MAJOR plus for any shell|
|geoffrey: I expect news soon from WTH following temporary suspension of Petards shares today. WTH share price has drifted recently with wide spread. I remain optimistic for WTH share price recovery in due course, possibly sooner rather than later!|
Water Hall share price data is direct from the London Stock Exchange