Ennstone Share Discussion Threads

[palwing] 24/12/2008 12:08

"Marwyn buying the profitable parts of Ennstone"

Leaving ENN with?

[shawzie] 24/12/2008 11:49

Marwyn up 10% and Ennstone up 14% today.
Perhaps a deal is about to be concluded,
with Marwyn buying the profitable parts of Ennstone.

[vatteton] 23/12/2008 17:14

Thanks,
Rw Have a good one.

[roadwalker] 23/12/2008 17:07

VATTETON - Lets try enjoy the festive period and hopefully come back to see ENN attempt the survival plan. Basically they do have a good vehicle with demand for work which will always be there, but unfortunately they find themselves heavily in debt. Restructuring is definately the buzz word for them at this present time but will they be allowed to carry this out.

Happy Christmas folks and do not drink to much either.

[vatteton] 23/12/2008 16:48

We all know the basic fundamentals of what, or should not have been done, everybody is so good at, ( and i include myself )in the running of Ennstone.
I sincerly believe that if a successful, sensible restructure can be put forword then we will prosper, but it will take time, the problem there is, no matter how much money you have , you can't buy time.

[philo124] 22/12/2008 11:19

feliz NAVIDAD TO YOU

THANKS

[scrapman] 22/12/2008 11:02

phil . if its any consolation , I am with you , but from a far higher level and a far bigger stake , If you want to organise a party with the chairman and the cfo down a dark alley , would be happy to bring the baseball bats.

As far as I am concerned ,this has been a scam operation all the way through , regardless of the economic climate this was badly handled.

No more to add other than wait and see what the next few months bring .

Feliz ano in the Costa

[palwing] 22/12/2008 08:48

ENN

* Believes that the shortfall in funding required to provide sufficient
working capital for at least the next twelve months is estimated to be
approximately 50 million pounds to 60 million

* Are unable to confirm at this stage what form any renegotiated banking facilities may take.

[philo124] 21/12/2008 09:23

Maybe can get a Govt bail out with hard assets it's crazy it should go bust.

[roadwalker] 21/12/2008 08:15

VATTETON - I guess not, could be a lot sooner IMHO

[philo124] 20/12/2008 17:15

And who is FP McCann?

[vatteton] 20/12/2008 11:52

So we cling-on till the end of January like a wet cobweb !!!!

[bull_mega] 19/12/2008 09:54

QXL was same story from £18 it was .001 p for some time at the end it did recover and taken over. Wait and see.

[nod] 18/12/2008 21:10

It is noteworthy that Guinness Peat Group (GPG) has held its 9.3% stake.
They are very shrewd guys, who would be very happy to run Ennstone.
Perhaps GPG plan to make a bid for the whole or buy it from the receiver.

It's hard to imagine that Ennstone is worth almost nothing.

[bull_mega] 16/12/2008 12:18

June 89 ENN was threaded as high as 5318.14 , see the chart

[vatteton] 16/12/2008 10:46

Bull_Mega
I noticed that, both trades were NT marked buy @ 0.4
The news don't sound good this morning

[palwing] 16/12/2008 08:30

Up another 42% from the opening. This is flying!

RW..looks like you will be having a bumper Christmas?

Unfortunately, we will be having ours in Woolies.

[bull_mega] 15/12/2008 20:08

On an ADVFN competitor site 9 million transaction shows as buy who is right ???

[philo124] 15/12/2008 19:51

Somebody is going to pick up some good hard assets at a very cheap price!

[roadwalker] 15/12/2008 19:13

palwing - not me sunshine, got to be the MM's but we are still in existance for the time being. Saw a couple of ENN lorries exiting Longwater today.

[monkeywrench] 15/12/2008 16:45

Surely, whoever sold 9 Million @0.36 must have made a loss ?
Or am I missing something obvious ?

[palwing] 15/12/2008 13:55

UP 46%!! Someone must be making some money....???