Water Hall Share Discussion Threads

[solarno lopez] 14/11/2013 09:00

like I said

[barnetpeter] 14/11/2013 08:59

Despite all the comments on this thread over the last couple of years, this has turned into an excellent investment. PEG soared to over 25p yesterday (sold all mine) and have these convertible 7% stock in for nothing now.

Well done solarno for keeping the faith....

Thats all folks!!

[solarno lopez] 15/8/2013 08:01

somebody is enjoying this

[solarno lopez] 14/8/2013 15:16

And yes the big buyer has popped up again paying 2.40p for a chunk


Just what is going on ?

[solarno lopez] 14/8/2013 08:10

I wonder if our big buyer will once again be in the market today

[solarno lopez] 13/8/2013 14:16

MYPENSION someone has the same idea as you and is buying large lumps on a regular basis, well done ( posting 289 )

[solarno lopez] 13/8/2013 14:02

Ah ha this is looking interesting from a good old fashioned arbitrage play

[solarno lopez] 13/8/2013 13:24

Appears that they are in the background mopping up loose stock from sellers like me.

Probably have some inkling about the future of Petards and can see a good profit as did a previous poster

Onwards and upwards says I

[solarno lopez] 13/8/2013 13:20

Once again a sizeable buy goes through.

Somebody has at last seen the true value of this deal

[solarno lopez] 12/8/2013 15:41

A very sizeable buy just gone through

[solarno lopez] 08/8/2013 15:26

A few more buys going through

[solarno lopez] 08/8/2013 11:37

some nosey buying this morning

[tiltonboy] 01/8/2013 08:41

I have already told you I'm a seller!

[solarno lopez] 01/8/2013 07:39

There you are something positive from TILTON ..that your maths are correct.

With Tiltons clear assessment he must be a seller otherwise he does not believe what he says ! sorry mate but that is the message coming from your posting

[mypension] 30/7/2013 18:53

Thanks Tilton

[tiltonboy] 30/7/2013 17:47

mypension,

Nothing wrong with your math, but try and put it into practice and you might find yourself a little light.

Firstly you are making an assumption that the loan note will pay out it's coupon every year, let alone pay the principal back in five years. In the meantime it will not be listed, so the only access to the cash would be to convert into PEG shares and sell.

My main concern however is in the ability of the directors to turn this nice little business into a company of substance. Have a look at the graph of both companies over the past five years, and it does not fill you with a great deal of confidence.

So, nothing wrong with your assumptions, the question is do you believe the company can thrive under this management team?

[mypension] 30/7/2013 16:00

Thinking about it a bit more the worst case scenario is PEG going but and I don't get the £2000 loan notes paid.

[solarno lopez] 30/7/2013 15:46

I will let TILTON answer that otherwise he may accuse me of something !

[mypension] 30/7/2013 15:40

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???

[solarno lopez] 30/7/2013 15:14

Take Heart Mon Ami (E)

[tiltonboy] 30/7/2013 15:08

A lengthy process, if they ever get it.

[solarno lopez] 30/7/2013 14:55

interesting how the £500k has been completely ignored adds a bit to the asset value

[solarno lopez] 30/7/2013 13:59

The unaccounted £500k will come in handy

[tiltonboy] 30/7/2013 13:51

Given the incestuous links between the two companies, and the reliance on WTH funds for the survival of PEG, I see little alternative.

When in a hole, stop digging!