Discover Leisure Share Discussion Threads

[pablo1uk] 17/6/2009 14:54

majority sells gone through today, not dipped though..

[knitcraft] 17/6/2009 09:48

robandk

Large buy order my a..e. 800k at 1.4p ish. You seem to have a funny idea of a big order.

[robandkerry] 17/6/2009 09:45

A 600k buy and a 200k buy. Those could have been the buy orders I talked about yesterday. Now the mms have dropped the price like I said they would. We could see the price now fall lower on any selling activity.

[jayson26jay] 17/6/2009 08:09

I would guess that the person putting in the large buy order doesn't agree with that.

IF the company is now on track to be profitable I would start valuing this on a P/E ratio basis, I could see this heading higher over the next few months.

[robandkerry] 16/6/2009 19:00

When you have been trading as long as I have, you get a feeling for these things. The mms are buying too much stock and giving a good price for it too. They must be trying to fill a large buy order. When its filled they will go back to their old tricks and kill the price on any selling activity.

[jayson26jay] 16/6/2009 18:49

how do you know if the mms are filling a large buy order?

[robandkerry] 16/6/2009 16:49

I have today sold all my holding in DISL. I do think the company will turn this around, but the mms are trying to fill a large buy order and as soon as that is filled they will mark the price down again. I will buy back in when the price drops to below a penny again.

If it does not, then I missed out, and good luck to all holders.

[robandkerry] 16/6/2009 10:01

So you are bullish now then. :)

[knitcraft] 16/6/2009 09:29

Have gone in again this am and will buy more on dips ....if they come. I suspect they wont now that this news is in the public domain.Will see how they settle before buying any more.

[robandkerry] 16/6/2009 09:26

Are you in for more Knitcraft?

[knitcraft] 16/6/2009 09:18

Good news indeed.
Just what was needed, as I suggested yesterday PM.
Company now has 12 months to get back to sustainable profitability and therefore a long term future

[robandkerry] 16/6/2009 08:54

Good news for shareholders. This shows confidence in the future of DISL. Onwards and upwards. :)

[this_is_me] 16/6/2009 08:33

I think that if the creditors had known before the meeting that the directore were stocking up that they would have thought that they were being shafted by the deal and demanded a better offer so the directors bought before the meeting and arranged for the RNS to come out the day after the meeting. I expect that any creditors who find out will be fuming.

[getting started] 16/6/2009 08:12

Maybe they HAD to do it for the agreement!

[this_is_me] 16/6/2009 07:26

The Company has today been notified that the following Directors and a
Non-Executive Director of a subsidiary company of Discover Leisure purchased
5,750,000 ordinary shares in aggregate at 0.8p each on Friday 12 June 2009.

These were allocated as follows:


Ian Currie - 1,937,500 closing total 5,114,973 (3.30%)
Trevor Parker - 1,937,500 closing total 2,145,293 (1.38%)
David Morrow - 625,000 closing total 874,793 (0.56%)
Neil Harwood - 625,000 closing total 5,625,000 (3.63%)
Philip Wilbraham - 625,000 closing total 2,939,352 (1.90%)




That is £46,000 extra invested between them; not a huge amount but bought before the meeting and they wouldn't have done that if they thought the company was going belly up.

[getting started] 15/6/2009 20:39

Lol, it seems you lot can not read properly.

I would not touch this with a barge pole!

The company has been closing stores and sales have slumped, id say this will go lower yet. Today mms played games and I bet lots of mug punters bought in at the highest point thinking this would rocket.

Truth is, this will go down and sideways until the company starts producing results, ie higher sales!!!

[david77] 15/6/2009 20:26

"I got back in the other day and sold half of them today at 1.4 and 1.3."

Rob doesn't say how many he bought so kitcraft's comment is not called for.

[knitcraft] 15/6/2009 19:35

Rob
I don`t think so, check number of trades at that level. Liar IMHO

[robandkerry] 15/6/2009 19:28

Its funny that Knitcraft, because I purchased around 2 million myself and sold them all at around 3.5p. I got back in the other day and sold half of them today at 1.4 and 1.3. Its really easy this share dealing thing, it certainly beats working for a living.

[jayson26jay] 15/6/2009 19:28

I was wondering earlier why the directors hadn't brought in before the results of the CVA, seems they were buying on Friday, surprised that was allowed. I am glad that I brought at 0.6p earlier in the week.

I agree at some stage there could be a rights issue to pay off that expensive non performing loan (if they do not manage to sell off the freehold land). However this would only be achievable if investors have confidence in the company and at the moment we are not at that stage yet.

This CVA was put into place with the expectation that trading over the foreseeable future will be tough and the finances should cope with difficult trading over the course of the next 18 months.

But good to see all the directors buy-in.

[knitcraft] 15/6/2009 16:24

This is me

Fair point but do you know the directors holdings?

The whole co is only capitalised around £1mill.They should be buying shares now
everything is out in the open and they have confidence in the co.

The minute there is director buing I will be straight back in but no doubt at a higher price than today.

When and when not to buy ??????? time will tell.

[this_is_me] 15/6/2009 16:19

It all depends on trading this summer. If trading is very good this summer there will be no deed for more capital and the company can simply trade its way out of trouble. The founders still run the company and don't want shareholders diluted to nothing. The risk is there for all to see, but so is the upside. I have risked a small part of my portfolio and intend to hold until either it goes belly up or I make a very large profit from my 0.55p buying price.

[knitcraft] 15/6/2009 15:50

Rob and Kerry

Look back earlier in the thread and read my posts.
I purchased over 1 mill at avg .85p and sold all between 3.2p and 3.6p.
Not quite as stupid as you imply.
I do really believe that this company will survive BUT there will be a capital reorganisation which could include a consolidation and/or a rights issue.
Unless someone is daft enough to post price sensitive info as fact on bulletin boards, everything is based on supposition from the facts in the public domain.

I intend to re invest here but not until the dust settles and a few weeks have passed and we get to the next set of figures from the Co.

[pablo1uk] 15/6/2009 15:13

This_is_me - 15 Jun'09 - 15:08 - 599 of 599

true...I suppose 20-30% in the grand scheme of things is nothing if to hold long term.

[this_is_me] 15/6/2009 15:08

pablo manipulation happens, but will make little difference in the long term.