Havelock Europa Share Discussion Threads

[mesquida] 22/2/2018 14:43

MRF, are you referring to greengiant's sale ( 237,500@5.12 ) or has there been another large sale at 5p that I missed?

[my retirement fund] 22/2/2018 09:17

Lol A dump 237K shares at 5 pence. Bet whoever took them will be kicking themselves in time. Seems no shortage of mugs even at these toilet levels.http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/HVE/13541183.html

[greengiant] 22/2/2018 09:12

And just for WH Ireland, I will post what I want, when I want from now on.
To Noble Grossart, you should be ashamed of the advice you gave the company 2 years ago, instead you should have listened to me. This mess could have been avoided.
To Peter Dillon, thanks for your support, you were the only one with any inkling of understanding of what was needed. Unfortunately, not supported by the board or WHI.
Andrew

[greengiant] 22/2/2018 09:08

Jb, at one stage yes I would have. Unfortunately as I told the chairman there is no way I would put money into this company where I have no control. I back myself so have started a newco. The last straw was after a visit by the chairman to Spain where he told me he would consult prior to appointing a new CEO. Only for me to wake up one morning to find Shaun had been appointed. This despite me putting forward a team far superior to the current one.
I can always use the tax loss so I am relaxed about the loss.
Andrew

[mesquida] 22/2/2018 07:25

Against the backdrop of greengiant's share sales this might be an appropriate time for Shaun Ormrod to be seen to be buying some shares in Havelock. Has he actually bought any since his appointment?

[jbarker5555] 21/2/2018 19:49

GG - Harsh but fair. Are you not interested in taking it private? I'm sure many fellow shareholders would be interested in a de-listed co. :)

[my retirement fund] 21/2/2018 18:38

As I said in my post 5608. The Airfield guy you called soft has done exactly what I said he would do. Bunker himself in to secure his salary benifits and pension.As you can see the new debt finacing arrangment is an absolute blinder.

[greengiant] 21/2/2018 18:11

When you have a team of people who have overseen such massive shareholder destruction ( first and second tier management ) then it is difficult to believe that they will deliver. I do not believe that they will. It is easy to talk about what sectors within Havelock' s target market are growing at what %. It is more difficult to DELIVER.
There are weaknesses in Havelock which could have been filled by me and a team, instead we have what we have. Good luck.
In the meantime I will take this reprieve to sell.

Andrew

[dave4545] 21/2/2018 13:34

"you have a weak team"

Could you expand on that please ?

[clocktower] 21/2/2018 13:30

Glad your ok about it gg but it is never a nice feeling. Still surprised you have not put the boot in and taken hold of the beast. Would love to see you turn it around with the support of a good team. Boot them out and you will have support.

[greengiant] 21/2/2018 13:01

CT, don't be sorry my own fault 🙄. There will be ups and downs but you have a weak team so for me it is sell time. Only 8m to go lol.

Andrew

[clocktower] 21/2/2018 12:53

I see AB dumped over 200k- if he unloads the 8 million more he holds where will the share price be?

I guess he is taking a hit on these as his average holding price must have been way above this, sorry to see him suffer these sort of hits.

[clocktower] 21/2/2018 12:17

dave4545 - there`s money in muck! :-)

[dave4545] 21/2/2018 12:11

yawn clocktower

Why not get a job at the samaritans where you can do some real good instead of moaning about stocks all day on here.

[clocktower] 21/2/2018 12:08

dave4545, I expect those that bought yesterday will soon realise they fell into a hole and will soon come to the conclusion that they might be better off trying to jump out of the hole they now find themselves in, no matter what the cost, because they might soon worry about the stock becoming worthless over a longer period of time, and not only that, if it fall further, they might buy back in for any bounce that might come on a hopeful RNS.

[dave4545] 21/2/2018 11:25

Prefer to look at it that a tiny company receiving big funding is a huge vote of confidence. People scrambling over each other to pay 5.5p+ yesterday now others sell at 4p that is Aim for you.

I will add morem just waiting to see how many sheep who bought yesterday sell in next few days for big losses through zero patience

[clocktower] 21/2/2018 11:06

By taking on more debt, they are just digging the hole they got themselves into deeper and deeper, to keep themselves in a nicely paid job at some one else`s expense.

I guess there will be a few bounces when it reaches new lows but the nails seems to be lining up to nail the lid down.

[capricious71] 21/2/2018 10:02

The problem with companies like HVE is that they're always going to be a money pit. They're taking on another £5m of debt.

[cvileservant] 20/2/2018 13:53

Interesting article in this edition of Private Eye about how flyboy ran Farnborough - lots of free labour from the army, navy and airforce to escort round dignitaries, overseas buyers and the likes - is free labour the goal for the future.

[neverforget] 20/2/2018 13:39

Back down to where it was. Medium term 2 to 3 years. Good news is that it is not busy but at what cost? Interesting daily mail saying government funding.

[2perfect] 20/2/2018 12:26

Great to hear some positive news. Especially for the hard working staff who work round the clock in these difficult times. Great to give them a lift and some hope. It has been a long time coming. I hope this is the start of new beginnings and they spend the money well. It will be good news for the suppliers who have stuck by them. They need to cut the cancer as stated previously. Not negative but they need to get rid of the overpaid prehistoric directors moved from one failing position to the other who add noting but long winded stories from old and how it used to be. Some forward thinking new blood like PM, DB and SO it is down to them that this result has happened. Good luck to everyone.

[clocktower] 20/2/2018 11:27

Good time to ditch this dog maybe because any upside (if there ever could be one) is likely to be a long way away imo.

At what price has the deal been struck, and with who - and I guess it will end up that only the large stakeholders get there rewards going forward.

[mesquida] 20/2/2018 09:53

Ignore my previous comment because on re-reading the rns I realise that it simply says that pension contributions have been revised, which does not necessarily mean reduced, they could well have been increased.

[mesquida] 20/2/2018 09:35

Interesting that the pensioner trustees have agreed a reduction in contributions. Difficult for them because they have to protect the interests of the existing pensioners but also they have to think about the welfare of the company/interests of existing employees.