Cavendish Financial Share Discussion Threads

[marquis] 01/2/2002 11:34

I was beginning to wonder whether ADVFN had been 'nobbled' by somebody?!

[marquis] 01/2/2002 11:33

Within two minutes of placing this notice, ADVFN make it miraculously reappear!!!

[marquis] 01/2/2002 11:29

CHELSEA VILLAGE discussion board has disappeared this morning. Why?

Anybody got any good conspiracy theories as to why it has been taken off-line?

[pkvidean] 27/1/2002 10:08

Slytherin,

You are probably quite right in your prognosis but people have been swinging this line about Football clubs for a couple of years now and I am starting to sense the time is not that far off when the current view will be old news!

I do not own Chelsea Village but as they are my team I will be looking to do so as soon as I get a good enough excuse! Profitability does not look to good at the moment, though.

On a more positive note the Leisure sector is currently the hottest sector in town and although Football teams, generally, are still out of favour the sectoral dominance could easily start to spread to the sub-sector.

Chelsea losing out early in the cups could be good news - should be able to concentrate better on winning the Premiership. Very open this year! IMRO.

[marquis] 25/1/2002 16:37

Still going down. Bid 20p Offer 22p

No real buyers/takers of the shares.

[palawrence] 21/1/2002 17:09

Chelsea Football Club has under its various guises been "bankrupt"(in liquidation) at least once before. Would be surprised but not displeased (purely because of my dislike for the club and its chairman, sorry for the investors) if it were in any serious trouble now, although rumours often circulate that it is.

[slytherin] 21/1/2002 16:53

Speaking generally, I would be nervous to buy any football stocks at the moment. Yes, I'm sure there are trading gains to be made short-term, indeed I did so very successfully with Leicester last year. But how will any club get their market cap (plus a market return) back into shareholders's hands before the end of the world occurs? This just isn't going to happen, which means overvalued!

Player salaries and wages are obscene for unqualified people who usually only 'work' for 90 minutes per week! No-one would invest in a non-football company whose payroll made up 95% of turnover!!!

There will be a crisis in the next couple of seasons, probably when NTL goes under. At the end of the day, football's excesses have been funded by non-sustainable debt taken on by television companies like NTL and BSkyB, and this is about to dry up. There will be a major knock-on effect as TV money dries up, and a lot of players will be offloaded or forced to take big pay cuts. Clubs like Forest, Swindon (my team!) and York could all soon vanish - wealthy white knights will not keep appearing forever.

It seems that TV viewing figures are now suffering from overexposure. I for one have cancelled Sky Sports, disgusted at the thought of my money going to foreign reserve players on £2 million per annum.

Football will return to being a viable business one day - the laws of economics dictate that this will be so. However, I would think twice about football shares at any price until the big bang is safely past.

All IMHO - good luck to those who hold.

[marquis] 21/1/2002 10:30

Monday 21st Jan 2002.

Chelsea Village Bid 20p, Offer 23p.

Not many takers/buyers. It is becoming obvious to me that the market makers are trying to entice the market with a lower price, because they know they have to offload a lot of shares. There can be no other reason for the drop, as currently there are not the significant sells registered to merit the drop that has happened in the last few days.

How far will they drop to?

Comments please.

[marquis] 18/1/2002 14:40

Chelsea Village Bid 20p, Offer 25p.

Spread is now 5p. Currently only two trades today but showing a decline on the board of 1p, with current price 21.5p. The person who has bought, has had to pay 24.5p!

Market makers know something. They are trying to entice the market, but so far not much interest is being shown.

[bloolee] 17/1/2002 17:10

That sounds a reasonable call Hilary. Enjoy your comments here and elsewhere.

[hilary] 17/1/2002 10:11

My money's on it being Ruth Harding getting out.

[marquis] 16/1/2002 18:12

Chelsea Village, Bid 22p, Offer 25p.

After some days the difference in the bid and offer has dropped to 3p from 4p.

Does this herald a further drop as the market makers have some to offload?

I wonder. Comments please.

[stucom] 16/12/2001 20:15

fobfitz,read post 2, good thinking, but as for 1-2-3, i think if you reverse it, you'll have the top three of the premiership come end of may!! stu.

[robfitz] 16/12/2001 18:53

Well Pommy...... Now I know who you are........ read your posts on the Recall thread.

How is Oliver?

[abix47] 16/12/2001 18:51

Robfitz
Good point about an open league. Looks like it could go all the way. Even Manchester United are back in it!
abix

[robfitz] 16/12/2001 18:47

A real 6 pointer next week and then we have the Blues over Christmas.
If we get through the Christmas period without losing I might agree with you!!!!

At least the league is interesting this year.

Apparently Utd were 10-1 after last weeks loss but are now 7-2 after the two wins......I don't know how accurate this....came from my brother...been drinking when he told me...lol

[pommy] 16/12/2001 18:45

if youre the robfitz i think you are you shouldbe ashamed of yourself, never enter Highbury again!

[abix47] 16/12/2001 18:37

Robfitz
Nice to hear but in all honesty I think you're being a bit hard on your own club. Win in midweek and your top mate.
abix

[abix47] 16/12/2001 18:25

Soulshaker
Please make more interesting posts and I will be glad to respond.
abix