Georgia Healthcare Share Discussion Threads

[mungoa] 12/12/2000 22:49

Most/all of the ? trades seem to be buys.....but I guess you knew that.

:O)

[mungoa] 12/12/2000 22:48

Most/all of the ? trades seem to be buys.....but I guess you knew that.

:O)

[bruno] 12/12/2000 20:23

18:22, Tue 12 Dec 2000
Everson-Crane comes back to Gearhouse
James Everson-Crane has bought back a stake in conference and exhibition group Gearhouse just a week after selling off his entire holding.

He started building his original 6% stake when the company was reeling from two profits warnings last year. At the time his presence prompted speculation that he might reverse his private exhibitions company, Presentation Group, into Gearhouse(GHG).

In recent weeks shrewd investor John Hemming has emerged as the largest shareholder in Gearhouse with a 13.5% stake, taking a non-executive role on the board. This coincided with Everson-Crane informing Gearhouse on 28 November that he had sold 944,365 shares or 4.87% of the £7 million company. He then sold his last 96,242 shares at the beginning of this month.

How strange then that today the company has announced that Everson-Crane has a notifiable interest in 680,001 shares or 3.51% of the company. We called him to get to the bottom of this mystery but he was unavailable for comment. With Gearhouse’s share price rising over the past week or so it is likely that Everson-Crane sold out well below the price at which he bought his new holding.

In the past two days the share price has gained a further 10.5p to close this afternoon at 41.5p, up 5p on the day. This is still a far cry from two years ago when the shares peaked at 395p. Those profit warnings enabled Hemming to buy his stake from an institutional investor at 14p.

Intrinsic Value, the special situations fund run by Luke Johnson and Mark Horrocks also has a holding but appears to be sitting tight. It took a holding of 500,000 shares or 2.58% of the company in January.
©2000 citywire.co.uk

[dave46] 12/12/2000 19:08

Got this from citywire, any other press?

Everson-Crane comes back to Gearhouse
James Everson-Crane has bought back a stake in conference and exhibition group Gearhouse just a week after selling off his entire holding.

He started building his original 6% stake when the company was reeling from two profits warnings last year. At the time his presence prompted speculation that he might reverse his private exhibitions company, Presentation Group, into Gearhouse(GHG).

In recent weeks shrewd investor John Hemming has emerged as the largest shareholder in Gearhouse with a 13.5% stake, taking a non-executive role on the board. This coincided with Everson-Crane informing Gearhouse on 28 November that he had sold 944,365 shares or 4.87% of the £7 million company. He then sold his last 96,242 shares at the beginning of this month.

How strange then that today the company has announced that Everson-Crane has a notifiable interest in 680,001 shares or 3.51% of the company. We called him to get to the bottom of this mystery but he was unavailable for comment. With Gearhouse’s share price rising over the past week or so it is likely that Everson-Crane sold out well below the price at which he bought his new holding.

In the past two days the share price has gained a further 10.5p to close this afternoon at 41.5p, up 5p on the day. This is still a far cry from two years ago when the shares peaked at 395p. Those profit warnings enabled Hemming to buy his stake from an institutional investor at 14p.

Intrinsic Value, the special situations fund run by Luke Johnson and Mark Horrocks also has a holding but appears to be sitting tight. It took a holding of 500,000 shares or 2.58% of the company in January.
©2000 citywire.co.uk

[lrguk] 12/12/2000 16:05

These shares have been, and still are damn difficult to buy in any sort of quantity,usually struggle to buy in excess of 5000 shares per hit. Will worry about profit later!

[mungoa] 12/12/2000 15:47

Resistance ....not that we saw any...was smashed. Now the 38p will be support for any dip we might meet. As VC argued all these figs. are too low anyway, as the stock was way oversold after the profit warning that brought it so far down. Hence his view...a good "buy" up to 60p pre results.

[dave46] 12/12/2000 15:47

It was £1.30 a year ago, so I wonder how high it can go.
When do people plan to take profits? 70 pence anyone?

[boyblue] 12/12/2000 15:39

Thanks !.....And up again amazing....I wish I had put all my money on this one!!!!38 was a resistance point or so I thought!!!

[mungoa] 12/12/2000 15:36

No views on AUY I'm afraid. I havn't been following it. I know SMTM and Tom W. were raving about it.....but that was a month ago now.
Try Motley and see what they are saying there perhaps.
ps.....no sooner had you posted than the price went up again. :O)

[boyblue] 12/12/2000 15:21

Up to 40p to buy now.......Whats happening at level 2......Mungoa. I am wondering what to do about AUY .....You have some sound views Mungoa...have you been following this one....Its a bit like PRE....

[mungoa] 12/12/2000 15:01

Its certainly positive to see such large investing before the results !! I'm feeling we'll see the price tick up another penny or so now.

[mungoa] 12/12/2000 14:59

Neither Hemmings or Crane knew what the other was up to, alas, however we should check back over the historical trades, Crane may well have bought in for less than he sold. So he will be happy !

However it is very good to see such large investing.

[adipaul] 12/12/2000 14:53

So, if you followed him out, go back in :-)

[adipaul] 12/12/2000 14:51

Now if everyone who sold out when he did, buys back in again.......

[dave46] 12/12/2000 14:04

Well thats great news, it must have taken some turn around for him to sell up and then come back in!
Does anyone else get the feeling that they hate being outside the board-room!

[mungoa] 12/12/2000 14:01

He sold 1mill and caused the fall after Hemmings. He was then non notifiable. So if his holding is now notifiable.....its increased...as he now knows Hemmings is on board, so feels co is going places.....we hope.

[dave46] 12/12/2000 13:57

Who is he?

Gearhouse Group plc was informed on 11 December 2000 that James Everson-Crane
is now interested in 680,001 ordinary shares representing 3.51% of the issued
share capital of the company.

Sorry I have gone blank to his name

[mungoa] 12/12/2000 13:53

Well....I'll be a ...
He's bought back in !!
See RNS

[dave46] 12/12/2000 13:53

I think the comment today was very good news. The El Dorado site obviously has a lot of potential, and also the surounding areas. The fact that they are heading towards production, not exploration means more certainty, and the fact that the magic o word was mentioned 'oil' can only help. It is just too over-crowded. When everybody tries to all make money on the same thing, it appears no - body does. I think that the Mm's dont like to unify BB posters in success - better left upto institution they think! but Urbanek will be pleased though. Long run, 6 months (when it has quitened down it will be good)
Have you ben following CMR Cambridge Mineral resources. A quiet one that could easily double! Check it out

dave

[mungoa] 12/12/2000 13:53

Well....I'll be a ...
He's bought back in (Crane that is)!!
See RNS

That bodes very well indeed !!

[dave46] 12/12/2000 11:57

Thats why we are all here mungoa. You can teach people a lot, but then again people never forget their mistakes and experience has taught me more than any one person could. Like I have in the recent months made more from GHG with no real news (apart from Hemmings) than from PRE whose news today should have nearly doubled the price (but it hasn't). People on that thread can't understand it, but I strangly can. Its very simple, popular BB stocks struggle to rise, where as this is creeping up nicely as it is being mostly unnoticed.
Either I am going mad, or I am starting to understand (it has only taken 3 years!)
All the best
Dave

[mungoa] 12/12/2000 11:02

Thank you for your comment on that posting. I debated whether or not to post. However, in balance I aimed to be cautionary to those who had not even bothered to read back on the thread, before posting the same question yet again about trades.

It is overwhelmingly true to say that those who do no research whatsoever will lose their shirts in a bear market. iii has little advice for those of such naiveity (unlike other good sites and bb's) . However when I see a lamb wandering around a slaughter house......a little advise is demanded.

Their are many important ways to improve ones investing skills: courses, study, paper trading, mentors etc. However a most basic element is to read what is easily available for instance on threads, and form opinions selectively from whats contained therein. Not to bother to do so smacks of laziness.

Anyway, this is not the forum to bore others with my scribblings. I want us ALL to make money, and enjoy doing so.

Regards
:O)

[lrguk] 12/12/2000 10:44

To mungoa, just to say thanks for the Level 2 info, both here and on the iii board. A touch scathing on the iii muppets are u not?

[mungoa] 12/12/2000 10:17

Current 37-39p
but......
Wins...lead mm, now raised buy price to 40p !!

I expect further price rise