Hawtin Share Discussion Threads

[sharw] 28/2/2005 21:24

There was mention of the acreage of the Blackwood site. I have just re-read the circular of 25/2/03 regarding the disposal of Hawtin Park. This states:

"Hawtin owns 19 acres of vacant development land adjacent to Hawtin Park which is not part of the disposal. It is anticipated that this land will eventually be sold."

[arthur_lame_stocks] 24/2/2005 08:18

No position, but I might buy some depending on the price. If they go back to 10p that would be cheap as the Blackwood site would be in the price for next to nothing then.

Perhaps Perloff will bid but at 15p a share he's paying a pretty full price for a fairly odd assortment of properties, plus he'll still have the uncertainty of the future of the Blackwood site to consider.

I still think his interest is in the Blackwood site, it's that that is mentioned specifically in Panther's results.

Arthur

[topvest] 23/2/2005 21:55

At the end of the day is this earnings enhancing for Panther. Yes, I think it probably is as they can totally eliminate the administrative costs. Can possibly see a bid at 15p with a share alternative coming in the Spring.

[ntv] 23/2/2005 15:40

thanx arthur,have you got a position?

[arthur_lame_stocks] 23/2/2005 13:32

NTV

The site itself is bigger than 19 acres (which is probably where Panther get their 35 from) but according to Hawtin only 19 are suitable for development.

I think that's where the discrepancy comes in.

I don't know what building land in Blackwood goes for theses days, it's not exactly Mayfair but perhaps the site is worth more than the 5m book value.

As far as I know no application has gone in yet and I am trying to follow it to see what happens when it happens.

If Perloff's going to make a bid I wouldn't mind betting he'll wait until the picture is clearer on this site, since I think this is probably where his interest lies.

Arthur

[ntv] 23/2/2005 11:29

good name arthur,i need your name sometimes

[arthur_lame_stocks] 23/2/2005 11:28

According to Hawtin it's 19 acres (and yes I have asked them to confirm it).

[ntv] 23/2/2005 11:26

according to panther its 35 acres

[arthur_lame_stocks] 23/2/2005 08:45

NTV

Only 19 acres of that land is suitable for development.

[topvest] 22/2/2005 22:15

Didn't realise that Perloff paid 13p NTV - I got a good deal on my purchase then!

[ntv] 22/2/2005 20:34

you can still buy cheaper than mr perloff did a few months back

[ntv] 22/2/2005 20:33

On 21st June Panther acquired 15% of Hawtin PLC, an AIM quoted company (Portnard
Limited, one of my private companies, having previously acquired 14.5%). The
price paid in both instances was 13p per share. Hawtin PLC was previously a
conglomerate which had, in recent years, sold off all of its trading businesses
whilst retaining its former freehold factories as investments. It also holds 35
acres of land in Blackwood/Gwent, South Wales zoned for residential and
industrial use. The revalued book value of Hawtin PLC's net assets was 15p per
share. I have been appointed to its Board and hope it will prove a successful
investment for Panther.

[ntv] 18/2/2005 17:30

i might have guessed you boys nudged the price today!
looks like a good one

[topvest] 18/2/2005 13:24

Yes, think Panther may be tabling an offer soon for this one. Happy to await the action.

[cockneyrebel] 18/2/2005 12:35

Just had some today, been watching these for a while - results not far off - might be an announcement in advance imo.

CR

[rbf] 18/2/2005 12:18

Likewise....hoping for a bit of action soon........

[ntv] 18/2/2005 11:04

panther securities paid a decent price for their shares ,good bid propects,been picking up a few recently

[topvest] 02/12/2004 21:48

Can't be in bid talks yet, if a director has bought some shares. Maybe a deal after their year-end though? I supect Perloff will make a move when it is most prudent and cost effective to do so.

[rbf] 02/12/2004 17:47

......and a little bit of life this afternoon, helped by a 50k purchase by a non-executive.

[topvest] 30/11/2004 21:02

Panther share price has been going up. Hawtin down/sideways. Connected?

[topvest] 21/11/2004 10:07

Yes, it will be interesting to see whether Perloff takes control or not. Could be some excitement next year. See Perloff has also entered the fray at Abraxus Investments.

[kenos1] 21/11/2004 09:50

It's very quiet on this board.

I was looking to top up but the spread is too big.

Watching closely though.

Kenos

[arthur_lame_stocks] 13/10/2004 17:11

Disposal of a property for a modest profit



Arthur

[topvest] 12/9/2004 14:57

All quiet on this BB for the last couple of months. What's the view on this one. Are Panther about to bid?

[simonevans] 30/7/2004 19:48

quite a drop over the last few days for some reason.