B.s.d Crown Share Discussion Threads

[moneyman18] 28/11/2014 08:16

IF I had known this was going to happen I would have loaded up at 15p

[hugepants] 28/11/2014 07:42

Do they still have authority to buy back shares? They'd be crazy to invest in anything else when their own shares are this cheap.

[envirovision] 27/11/2014 23:53

I just find it really weird where those shares have come from, meanwhile unless directors have an intention to defraud the company which clearly one can safely say they don't its pound coins for sale at less than 30 pence each.

A very unusual situation indeed.

[waterloo01] 27/11/2014 20:21

I thought it was a good solid statement and worth repeating. Trading at 50% of cash.

Jossef Schneorson, CEO, commented: "The Company's consolidated financial
statements as of 30 September 2014 demonstrate significant cash and cash
equivalent resources and a total owners' equity to total assets ratio of 86%.
These parameters are clear indicators of the Company's financial stability. In
light of its actual results, the directors and management consider that the
Company's current share price does not duly reflect its performance and the
real value of its assets. We believe that the company will have positive
results in the following years due to its solid investment in WFI and its
strong cash and cash equivalent resources which enable it to continue its
strategy of acquisitions and growth through active participation in the
management of its subsidiaries."

[landsker] 27/11/2014 19:51

yes its staying listed, for how long though

they dont seem too concerned about the shareprice or even a website for that matter, if this stays around where it is now for the next two years i will not be surprised if they try and take it private again with an offer way below the cash, if you owned this company and had no qualms about british shareholders losing out you would try and get hold of the cash , its the only reason i can see why the company was taken over in the first place, time will tell and i hope i am wrong

[waterloo01] 27/11/2014 19:02

Landsker, exactly. It's not going bust, it's staying listed and the story remains the same as it was at a significantly higher share price before a large seller emerged and I think was cleaned out today.

Some director buying would not go amiss though, but surely this will mark the low.

[landsker] 27/11/2014 18:51

nothing new there then

pity they could not tell us why they think the shareprice has collapsed, i think they know a lot more than they are letting on, if its so cheap why cant they state an intention to buy back their own shares

[waterloo01] 27/11/2014 18:26

$62m in cash and equivalents. Total current assets $177m, current market cap $31m.

$15m loss for 9 months (consolidated so mainly WILC). Sladjo, would be interested in your reading of the balance sheet.

[waterloo01] 27/11/2014 18:18

Thought it might be tonight given tomorrow is a Friday!

Jossef Schneorson, CEO, commented: "The Company's consolidated financial
statements as of 30 September 2014 demonstrate significant cash and cash
equivalent resources and a total owners' equity to total assets ratio of 86%.
These parameters are clear indicators of the Company's financial stability. In
light of its actual results, the directors and management consider that the
Company's current share price does not duly reflect its performance and the
real value of its assets. We believe that the company will have positive
results in the following years due to its solid investment in WFI and its
strong cash and cash equivalent resources which enable it to continue its
strategy of acquisitions and growth through active participation in the
management of its subsidiaries."

[moneyman18] 27/11/2014 16:04

Options can just an agreement between two people, beting on whether the share price of certain companies go up or down, often also used as a way of covering positions,

just the same as selling shares you already own, except at a lower cost. If you see how they brought the company they used options to secure shares and share prices.

Nothing illegal;

But a good way to pass around money, and always a winner and a loser, but the loser can use the tax loss to reduce say another profit,

IMHO, something else is going on other than normal punters, otherwise why the BIG quarterly volumes with no real price movement

[waterloo01] 27/11/2014 15:59

Stemis, I suspect he thinks he's referring to CFD's.

Suspect volume the AM might be the end of Aurora selling (had 900k shares total). Must have been placed. BLZ/BSD updates are usually fairly bland, but we will at least get some comment on the current share price

Interesting now a number on offers at 17.5

[hugepants] 27/11/2014 15:51

perking up a bit here

[stemis] 27/11/2014 14:31

Moneyman,

What options are ya talking about

[moneyman18] 27/11/2014 13:23

all the loose ends being tied up ?

What happened to the News ?

After close ? new suspension ?

These quarterly volumes are imho due to other forms of trading such as options, as with options you either supply the goods or the cash, looks like they are closing longs between themselves, more tax losses on their books, we can only hope the next batch will be put options so we can see the share price go up !

Maybe we should be trading these trends, rather than wishing on a star ?

[landsker] 27/11/2014 10:41

over a million shares sold already today, something is up

[moneyman18] 26/11/2014 13:16

Normally I would be saying : "GET THOSE SHARES BROUGHT"

But now I would not trust my instinct

[hugepants] 26/11/2014 12:53

I don't think its all that spooky. It could only drop so far. Its currently valued at half of cash and the Willi-Food stake is worth another 20p on top. If the reason was a large shareholder selling down then we should get an RNS?
It will be interesting to hear what they say in friday's update.

[moneyman18] 26/11/2014 12:49

This is SPOOKY,

Level 2 looks really strong, and its not done that since we re-listed

[landsker] 26/11/2014 11:15

look at the trades so far today, most are sells of 100-200 shares, when i see that i think WTF , are there really people holding such small amounts or is it manipulation to walk down the sp

[plake] 26/11/2014 10:38

Only MoneyMan knows.

[stemis] 26/11/2014 08:33

What are these 'options' of which people speak?