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DHIR Dhir India

42.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Dhir India LSE:DHIR London Ordinary Share IM00B1YC5V43 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 42.50 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Dhir India Share Discussion Threads

Showing 501 to 524 of 775 messages
Chat Pages: 31  30  29  28  27  26  25  24  23  22  21  20  Older
DateSubjectAuthorDiscuss
07/12/2011
13:54
They'll run out sooner though with days like this and yesterday.
christianf12
07/12/2011
13:51
Despite all the purchases, there are still 50k on offer at 15.88p!
tiltonboy
07/12/2011
13:23
Have any of these Indian IPOs ever been a success. The only ones I can think of have all been pretty awful. ie. Hirco, Unitech, Dhir.
hugepants
07/12/2011
13:20
ie bad news has been more than priced in ...unless we find out they have been for their Xmas party to Las Vegas and accidently spent all the money!
moreforus
07/12/2011
13:19
even if its fallen through we are trading at a 50% discount at least to cash...
moreforus
07/12/2011
13:19
If the Cygnet sale has fallen through it will be interesting to see if DHIR have retained the deposit.
hugepants
07/12/2011
13:09
He also says its worth X but if they sell stuff its worth more than ...X...

doh!

moreforus
07/12/2011
13:06
@moreforus - that amused me too, the idea it's PI's getting out that has caused the fall from 80p. I bet PI's have been 95%+ buyers, if only because until very recently, the MMs simply weren't taking sells.

@HP - has Cygnet actually sold? Some think not. It might be "worth" what was bid, but not if the sale didn't happen.

astock
07/12/2011
12:32
Im not so sceptical about the valuations tilton. eg. Cygnet was valued at a public auction at £12.4M. And the buyer paid a 10% deposit. That seems fairly conclusive to me. Apply a haircut for prudence sure but why more than say 10%?
Also most, if not all, of the investments appear to be property-backed and the assets are supposedly "distressed" which implies Dhir got them cheap in the first place.

hugepants
07/12/2011
12:11
More buys, what are the limits now m4?
christianf12
07/12/2011
12:04
tilton many thanks for that .. there are only 3 market makers the nms is 10k shares and EVO is on 3k.. if you wanted to sell 500k in a hurry...

the research from rexboy blames pi;s selling forcing the price down..most here have been buying all the way down.

moreforus
07/12/2011
12:04
tiltonboy

Thanks for the response and I will have a look at your previous posts . . . Mr Market seems to think this story is too good to be true . . . probably worth waiting for the results as you suggest . . .

cufes2
07/12/2011
12:00
moreforus,

One thing that gave me some comfort was that CH mentioned the seller was not selling for DHIR specific reasons, rather it was to meet it's own needs.

You can read into that what you want, but if CH is to be believed, it is not an insider selling.

I will wait for some sort of clarification in the figures before I buy anymore.

tiltonboy
07/12/2011
11:56
More buys.
christianf12
07/12/2011
11:56
CuFeS2,

I am extremely sceptical of the valuations, and as previously mentioned have concerns on how accessible the cash is.

Hopefully the forthcoming report will clarify the current situation, and give an estimated timescale of likely disposals.

tiltonboy
07/12/2011
11:55
tilton... there is a lot of bad news in the price here...but if the BoD know who is selling then the reason for the dramatic fall in something so illiquid....
moreforus
07/12/2011
11:51
Seen it thanks . . .
cufes2
07/12/2011
11:43
see here, good read:
christianf12
07/12/2011
11:39
tiltonboy

Should one take it from your use of the term "apparent discount to NAV" that you're not convinced of the valuation of the assets . . . do you know if the cash and cash equivalents would be easily realisable . . .

cufes2
07/12/2011
11:38
50k buy.

Few more and we will be off I reckon.

christianf12
07/12/2011
11:30
I have spoken to Christopher Hambro, and a client has spoken to Alok Dhir. I posed all of the points mentioned above to CH, and after taking advice from the NOMADS they were told they didn't need to make any RNS announcements. They had not been advised by any selling shareholders of changes in their holdings, and while they know who is selling, they do not need to make any announcement until they have been told.

I'm sure, given the apparent discount to NAV, that others have had a look at them. Perhaps they didn't like what they saw.

tiltonboy
07/12/2011
10:54
Is this the new SEA where no one trusts the management to deliver value to shareholders . . . are they still burning £1.2m per year of that cash . . .
cufes2
07/12/2011
10:39
No RNS re Cygnet sale either way, no comment on share price fall, no RNS on what's clearly been a significantly more than 3% seller, no reply from the company when I try to contact them (others may have more luck), assets stuck in SPVs and stuck in India, cash - where's that, India too? Exchange controls?

Negatives to go with the positive.

astock
07/12/2011
10:32
Tilton I reckon you are probably correct as regards Cygnet has not completed. However I'm a bit disappointd there has been no RNS, especially since the share price has totally collapsed! I mean what are the management thinking.

I think they should just try and sell the whole company to a private company that specialises in this field. The time scales are long and Dhir isn't suited to being a plc imo. There must be larger vehicles in this field that would regard Dhir as a tasty snack.

hugepants
Chat Pages: 31  30  29  28  27  26  25  24  23  22  21  20  Older

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