Ennstone Share Discussion Threads

[vatteton] 26/8/2008 20:13

Interims tomorrow, should make interesting reading,

[monkeywrench] 26/8/2008 12:26

and the 'footie' in Poland.

[roadwalker] 23/8/2008 15:48

Now that the 2008 Olympic Games are nearly behind us let us look forward to 2012 and ENN competing for some of the structure work in the run up. I believe they have the capability to gaining some of the work which will be contracted out IMHO.

[vatteton] 21/8/2008 15:49

Did you miss one ??
lol

[kallista] 21/8/2008 11:59

I've seen some bllody funny things over the tears, but 550 transactions and all for 3 shares. Come on. Looks like someone fell asleep on the enter button. Mind you with this share.......who'd be surprised.

[palwing] 18/8/2008 15:26

"but I have my reservations though after reading an article in todays paper."

Hmmm...(up 14% as I type) do you think you might not quite have grasped this Share dealing malarky yet?

[roadwalker] 17/8/2008 22:01

VATTETON - I certainly read it the same as you and I only hope they manage to survive the present problems we are encountering during a time of uncertainty; still believe they will though. The share price IMHO should be higher.

[roadwalker] 17/8/2008 21:15

pw, have just picked up your post, could certainly be worth a punt tomorrow but I have my reservations though after reading an article in todays paper.

Took the plunge and bought more BARC last week.

[palwing] 17/8/2008 09:31

RW...re: last line of my post 1013.. watch tomorrow AM.

[vatteton] 13/8/2008 15:30

RW,
can we assume that in the statement below,
(External valuers Gerald Eve has reported that the
market value of Ennstone's UK minerals and mineral bearing land at July 1 was
about 73 million pounds greater than the estimated book value at June 30.)
would imply an increase of 15p per share to NAV.??

[palwing] 13/8/2008 11:25

Good luck with BARC...just dont tell anyone!

[roadwalker] 13/8/2008 09:41

Palwing

Still a Company to be with even in these uncertain times, roadwork still goes on but perhaps not at levels that were previously witnessed.

Decided to get a shed full of BARC a couple of weeks ago, doing well too.

[palwing] 13/8/2008 09:09

RW??...Must be mopping up shed loads at this price?

Good luck....with the missus!

COMSEC is the name of the game and detachment rules STILL apply!

No probs, what's said in the Mess...stays in the Mess. Old habits die hard huh?

Playing with WLW at the mo....you?

[lucky_elliott] 11/8/2008 22:31

well yell survived so far

[vatteton] 11/8/2008 17:21

I've made my position clear on numerous earler posts about extra paper diluiting equity in this company, after todays announcement and contrary to the statement, would prefer a further righs/issue than sell the assetts

[hvs] 11/8/2008 14:37

U looking for an invite then ?

[kathryna] 11/8/2008 13:02

Might be a good idea to ask them why they have a plush corporate hospitality box at Leicester City FC when they appear to be in dire need of cash.

[vatteton] 11/8/2008 09:02

I believe i feel another perennial rights coming,going through another auction second intraday, however plenty of buyers

[palwing] 11/8/2008 08:23

"The revised covenants are likely to require an additional injection of funds of approximately £11 million, either by way of asset disposals or further funding before 31 December 2008."

Oh oh...

[ed 123] 11/8/2008 08:10

Strong two way sentiment here today, reflected in the order book - backwardation.
Edit: now uncrossed at 8:11am.

Is it to slump further due to banking covenant issues or will someone come along with a juicy bid and take out ENN?

Not holding, sorry for long-termers.

[hvs] 03/8/2008 09:19

Hi rw,

Think everyone is waiting for the review that the management promised when they
said budget setting was a little amiss.

Like you I believe the fundamentals are still very good , however we need the
management to tell us the scale of the damage asap.

[roadwalker] 30/7/2008 17:00

No one is talking out there, are we all pondering what to do next and wondering whether this may a good time to top up? IMHO the share price is a little low and although the company is no doubt suffering as the rest are there is still a need for ENN to continue the good work it is renowned for, which I expect it is.

[miss bossy boots] 21/7/2008 05:19

Agree, I made no comment on timing, found on Bloomberg.com this morning:

"U.K. Takeovers to Drop for Another 15 Months on Credit Crunch, Survey Says Mergers and acquisitions among U.K. companies will go on declining for the next 12 to 15 months as the credit crunch slows Britain's economy, advisory firm Grant Thornton LLP said."

A news item is worth noting.

Have a nice week.

[roadwalker] 19/7/2008 20:00

Miss Bossy Boots - ENN have been a possible takeover on numerous occasions and I hardly think it will happen in the near future. IMHO they are a Company to have in your Portfolia for the future as their prospects are good.

Have a nice weekend.

[miss bossy boots] 19/7/2008 07:48

Express Tuesday says Ennstone a possible takeover target.

Gadsden has previously bought into a company which was subsequentially takenover.

He has bought alot of shares, the last lot, a million shares in June. Whatever the price (27p), that is committed money and he will not want to lose.

DYOR