Energiser Investments Share Discussion Threads

[scrapheap] 08/7/2009 07:40

Good old Billam. Results showed they've now gone in to negative NAV, if someone charted the fall in NAV for this company over 5 years it would look appalling.

[mike111d] 30/6/2009 20:37

Yes, they were released after the bell today.

[ant15] 30/6/2009 10:28

Mike arent their results due today or sometime very soon???

[mike111d] 21/5/2009 21:30

The bulk of the EPL loan has already converted and the direct loan converts at .3p. As for CYH, they sold down their holding last year.

[ant15] 21/5/2009 10:36

Mike111D ENGI will benefit from having a substantial holding in PYC when its loans are to Eirx Pharma are repaid in cash and shares and further from its holding in CYH which is destined to meet targets set a year ago by the brokers...for memory this was circa 2m of profit. Add this to the housing stock and landbank they are building up and this could be a very interesting "small" punt.

[kteis] 08/1/2009 15:09

Guru predicts 20% fall for house prices

[mike111d] 07/1/2009 12:38

Correct the_alchemist, BLLM hold stock in Eirx Pharma Limited, not in Billam AG. With ENGI = what was BLLM (Billam PLC).

[the_alchemist] 07/1/2009 09:06

Thanks Mike but ENGI do not hold Billam AG stock, i am afraid i get confused between Billam =ENGI and Billam AG
regards
Mike

[mike111d] 06/1/2009 20:31

the_alchemist, in response to your updated post, you are correct in respect of ENGI being what was BLLM, who do have large indirect holdings in both PYC and ERX. The latter which they have written off but still retain.

[mike111d] 06/1/2009 13:04

A few via a limit order, as I could not deal immediately on-line for more than 1,000 at the time.

[the_alchemist] 06/1/2009 13:02

Did you buy some ENGI last week Mike3d?
the ENGI/PYC/ERX associations/connections are interesting ENGI was BLLM , and ENGI seem to be doing very well , perhaps this represents not just their housing aquistion but also news to be released in connection with PYC /ERX or both ,??? ENGI has a large holding in both companies , or am i getting confused with BLLM=ENGI and BLLM AG , Mike3d can you clarify ?
In any case we should get more news soon re ERX , AGM ON 29/1/08 and i would imagine company must release more news in good time to allow their shareholders/proxies to vote on the resolutions. Early next week is my bet for an RNS but i have no information to back up this hunch.
Regards
The_alchemist

[mike111d] 06/1/2009 12:52

Being up 400% on the week, they will presently need to comment on the rise.

[mike111d] 06/1/2009 12:14

Perhaps an investment written off some months back may soon have a market value to write back into the accounts?

FWIW, this stock was not that easy to come by last week.

[glennborthwick] 06/1/2009 09:36

if they rent them out i guess they would get 500 a month net x say 18 rented out at any given time - 108 000 a year. Not a great yield on 1.75 million. Depends what they borrowed at i guess

[glennborthwick] 06/1/2009 09:32

ah. ok 20 units compelted for about 90k each sounds ok. If tey can kncok them out at 130 theres a nice profit given the market cap

[newkid] 06/1/2009 09:25

Did not say that glen. The old directors have gone. This does look like a good deal but would need to see money in the bank before I would say we had a good business. You need to look at the Billam Plc website to see their history.

Regards NewKid

[glennborthwick] 06/1/2009 09:06

cheers, worth avoiding then

[newkid] 06/1/2009 08:52

This is Billam PLC re-born. Can this be the Phoenix from the ashes? I lost a shed load of money with BLLM. They were a load of crooks. By the way my holdings here are now worth £90 along way off the £5k that I invested in Billam.

Regards NewKid

[glennborthwick] 06/1/2009 08:31

1.75 million for 20 completed houses - anyone local know the development

[glennborthwick] 06/1/2009 08:30

ENERGISER INVESTMENTS PLC
("Energiser" or the "Company")


The Company is pleased to announce that it has today completed the acquisition of Gramm
Partnership Housing Limited ("GPHL") for a
consideration of £5,000.

GPHL is the owner of a substantially completed development of 20 houses in Wellingborough,
Northants.

Engeriser intends to complete the development, retaining most of the homes for letting
whilst selling others to reduce GPHL's
outstanding bank loan to Barclays Bank, which currently stands at approximately £1.35m.

Energiser will be spending approximately £350,000 to complete the development.

The Board anticipates the completed development will be worth approximately £2.75m.

[glennborthwick] 06/1/2009 08:29

Have no opinion yet, but good rise this week and no thread