Basepoint Share Discussion Threads

[wiganer] 17/10/2005 10:14

"Wiganer - 9 Aug'05 - 10:40 - 56 of 59 edit
Sold out today- seems to be going nowhere fast."

LOL! WTFDIK

[topvest] 08/10/2005 11:13

Offer at £1.875. Looks like a done deal.

[wiganer] 09/8/2005 10:01

Thanks Max.

Btw- I see the price rose after my sell, but with only the offer price moving up. Read into that what you will. Wouldnt have thought my £2k worth would have impacted either way...

[maxinvestor] 09/8/2005 09:49

Good luck - I sold out a long time ago as it was flat-lining.

Max

[wiganer] 09/8/2005 09:40

Sold out today- seems to be going nowhere fast.

[wiganer] 29/7/2005 07:26

And another 1.5p today.

[wiganer] 25/7/2005 08:09

Up another penny today: IF pace of recent recovery is sustained then should be looking at 160 in a month or so.

[wiganer] 20/7/2005 13:46

positive AGM statement

[wiganer] 18/7/2005 20:50

nice steady recovery developing

[wiganer] 08/7/2005 15:34

some chunky buys gone through today. seems someone recognises that recent falls have made this one a tad too cheap.

[wiganer] 07/7/2005 12:11

now, it's "obelisk and plinth perched on edge of a cliff"

[wiganer] 28/6/2005 13:10

i wonder how you'd describe the shape of the recent price action chart- i guess "obelisk and plinth" if you were being polite, but a cruder one springs to mind...

[wiganer] 19/6/2005 10:39

maybe they are a little more conservative with the valuations- if so, no bad thing

btw, any thoughts on the price dip this week? seems odd that someone would sell so close to divi date

[topvest] 19/6/2005 10:32

Still hold these and have been looking at the annual report. Any views on why the revaluation uplift last year wasn't higher than it was? If you compare with Bizspace etc. it has definitely under-performed on the valuation front. Still like this one though and tempted to add some more. Looks a solid long term play.

[wiganer] 02/6/2005 14:14

same again today; hopefully start of a re-rating back to the 170s/180s

[wiganer] 01/6/2005 20:28

nice tick up today with a few chunky buys. unusual for this one- wonder if has been tipped somewhere?

[topvest] 26/5/2005 21:11

I'm still holding these. Bit disappointed about the small increase in NAV. Undervalued, good profitability and dividend, but surprised at the low revaluation uplift.

[wiganer] 26/5/2005 12:38

Bought in for first time today, as seems to have become undervalued in relation to NAV/trading prospects. Results RNS has some points of worry, but on balance I feel the upside outweighs the downside from here.
Partly also bought as a hedge of my wider financial position which is bearish/short re property.

[topvest] 15/10/2004 20:28

Not too bad today. Should steady any nerves and now at a rather sizeable discount to the £2 mv. Happy to hold again now.

[sandbank] 11/10/2004 21:29

...And I think BNT should get their act together and put out RNS announcements - like today's - at 7.00 am, not at lunchtime when no one notices them.

[sandbank] 12/9/2004 16:46

TOPVEST: Agreed. As it turns out BNT would have been a decent buy first thing on Friday morning - a way of getting some cash back out of what's been, for me anyway, a rather disappointing investment.

[topvest] 11/9/2004 07:26

I'm not referring to the one off, but the comment in last year's results that management fees are lumpy and that they would be lower this year. Sometimes it's "sods law" - when it is going to be a difficult year anyway, you get another unexpected nasty. Anyway, still a quality company.

[sandbank] 10/9/2004 11:40

TOPVEST: Certainly hope you are right about the company coming back up. I'm not so sure about the "veiled profit warning". If you believe BNT's directors this problem at Farnham seems to have come upon them fairly suddenly

On June 28th I could see the share price slipping and asked the company what was going on. David Boakes Director of Finance & Operations told me "I am not aware of any particular factor which is influencing the share price".

On July 15th BNT's chairman Lord Lifford told the AGM "I believe that we are moving ahead satisfactorily with our strategy on all fronts and whilst uncertainty still exists on timing of new centre development contracts I am confident that prospects for the medium and longer term remain highly positive"

The CEO Rob Cleaver says this is the first time they've lost a significant sum in pre-contract expenditure. They try to balance risk and cost but say that waiting until a contract is actually signed before before they spend any money is often just not practicable in many cases. On this occasion BNT considers it was let down at the worst point of cost exposure.

Anyway the share price has recovered a bit today so hopefully the bad news is now history.

[topvest] 09/9/2004 10:00

The writing was on the wall at the time of last year's results - there was a veiled profit warning then. I should have sold and waited my time and buy back later, but never quite got round to it. Still, it's still a cracking company and will come back strongly in the medium term.