Directex Real Share Discussion Threads

[marab] 02/12/2010 16:23

So who sold the 150,000 this afternoon?

[snickerdog] 02/12/2010 15:25

Just trying to piece all this together.


How much cash does DXR have in the bank?
When is the EGM?

TW discounted rights issues as a way of raising cash - what other ways will the company use to raise cash? Will this turn into a sort of Unit Trust type fund?

[leedsu36] 02/12/2010 13:41

Right lets all try to come up with a mega negative,suspicious plan that TW might be trying to put into place,that gets his hands on the money which he then tranfers somehow to Hameldon(or along those type of lines,using our Miss Marple heads).
PWhite i expect you to start things rolling.

[engelo] 02/12/2010 12:07

leeds: what I am hoping as an XEL holder is that some DXR money is going there too. Looks like a leak there ahead of news imo ;)

[marab] 02/12/2010 12:02

knowsleyman - I agree. If you can't make a reasonable profit on the amount of cash here there is something amiss. HRE suffered a lot of dilution and I see no need for that here and would certainly vote against it. TW's deals are great if they are reflected in share purchases, but I don't fancy them much from the raising cash point of view.

leedsu36 - Always a possibility, but there are only so many times you can do that before PIs start to bail en mass and the share price suffers and TW's reputation with it. I don't know how this will go but we should find out soon.

[leedsu36] 02/12/2010 11:44

Anybody wishing to buy atm,hang fire you will get a lower price than this,apparently the whole world and his dog are trying to sell these atm, because of lack of news and wanting to trade abit of DES.

[leedsu36] 02/12/2010 11:17

lets just presume now he's letting it drift lower intentionally,his cronies pick up the stock and he can push through anything he wants at EGM.

[knowsleyman] 02/12/2010 11:13

Marab

If you and others vote against disposal of pre-emption rights then there will be no dilution.

The cash already in the bank is more than enough to make a good start.

Once there has been something positive, if there is, then it may be reasonable to give some rights away, but not at the moment.

I feel that the stumbling block at the moment is that the share price is not a lot higher than it is. TW would have expected to maintain the higher levels and it having fallen some of his "mates" may be looking for more jam.

[leedsu36] 02/12/2010 10:32

Well that confirms TW can actually speak when he chooses.

[marab] 02/12/2010 10:26

engelo - I totally agree, look at HRE. If TW isn't careful people will start to bail out when ever he comes near a company, which is not something that would make him much money. Doesn't matter if NAV goes up if the share price keeps drifting down. The great thing here is the cash we have and the fact that the funds got in at roughly the current market price. There is no profit unless TW delivers, and that is why I am holding here. So his gold fund is up 70%, look at all the gold stocks that have more than doubled this year. I am hoping a rising silver price will lift the share price here but only if we buy something.

I think that a bit of news now and then would help tremendously. The email I received from TW said he was pushing the nomad as hard as possible to get things moving, and while I have no reason to doubt that, I would have appreciated hearing that sooner with perhaps some indication as to why the delay. I think a lot of us have suffered from the lack of news through the Landers period (although credit where it is due they did what they said they would) and fear the same thing is happening here. I know there are rules regarding passing on company info but there ought to be something we can be told now and then just to prove there are things happening.

We have a pile of money sitting there and I feel fairly confident that TW will want that working as soon as possible both to boost the share price and the NAV. I draw a degree of comfort from that and the fact that the share price is sitting around the 3.8p mark. My reason for buying here was the sort of leverage TW can get on a deal, look at the Ascot deal by HRE and RRR, and a few of those would encourage investors back in. Hopefully 6 months from now we will be congratulating ourselves on buying these shares. Not that long ago that people were selling RRR at 2.5p because of lack of news, and look what a few RNSs did there.

[engelo] 02/12/2010 09:34

Seem to remember that TW is due to talk at one of these TiPS organised dos soon. Will look up the details. Edit it's 8th December

[engelo] 02/12/2010 09:33

marab: thanks for keeping our spirits up. The simple truth remains that TW's funds are going to suffer, and his reputation with them, if their substantial holdings here don't make a good return.

[backwoodsman] 02/12/2010 09:24

Cash shell anyone? Possible RTO: AUR [no bolshie directors]

[marab] 02/12/2010 09:10

Back to being in DXR with an average price higher than the current price. TW can only get value at the moment if he is buying more shares, which wouldn't be a bad thing. He doesn't get his 15% unless he increases the NAV though and I would argue that a sale of the club shares or the French tax losses would not be an increase in NAV. In addition, silver related shares should be moving up along with the silver spot price, so unless TW is buying shares in the market I would have thought it in his best interests to move things along as fast as possible. I am guessing that the delay is not something he wants. The reasons for being here are the same and, unlike HRE, hopefully we won't suffer heavy dilution of share value by raising cash. I know we are all looking at the profits we could have made elsewhere, (I certainly am), but still intend to stick with DXR for a while yet.

CPS, after your meeting with TW you got the impression of someone keen to make a bit of cash, and I doubt that has changed. I also still believe that deals are already lined up but have no evidence to support that belief. You have met TW so do you think that the current hold up is likely to benefit him more than getting on with the investments we are waiting for? Would value your opinion since you have had a face to face. Do you feel happier with him holding the cash than the Landers?

[knowsleyman] 01/12/2010 20:47

Could the EGM be arranged for 24th December to ensure that nobody turns up?

[devil20] 01/12/2010 17:35

Are you still here? All the rest of us have sold! lol

[the_beagle] 01/12/2010 16:59

This is the first post of the day!

Does no one have any news or thoughts?

I'm bored!!!

[leedsu36] 30/11/2010 16:46

Dear Marab
In response to your email,
Leedsu has it absolutely spot on apart from the fact that it is Aunty Ethel and not Uncle Bert.

[leedsu36] 30/11/2010 16:27

Would be quite funny though marab if your reply came back along those lines,

[marab] 30/11/2010 15:03

I have sent an email to Tips and will let you know if I get a response.

[marab] 30/11/2010 14:47

leedsu36 - Thanks for posting the RNS. It doesn't seem to be showing on my monitor. At least now we know what the hold up is. rtu