High-Point Ren. Share Discussion Threads

[targatarga] 15/7/2003 09:04

I expect the worst.

[mrslug] 15/7/2003 08:57

I haven't bought any yet. This loan business has put me off. It seems to be every month the loan is extended.

[iantc] 15/7/2003 08:54

not yet mr slug ,but must be paid by end of july, just hold on not long to go

[mrslug] 15/7/2003 08:49

Have they actually repaid the loan?

[iantc] 15/7/2003 08:43

not a lot of trades over the last few trading days but all have been buys ,good start 7% up ,loan repaid and we will see a scramble for what little stock there is

[biomax] 14/7/2003 08:51

unlike ronson, over 50% of HPT is held by institutions and 15% by directors

[targatarga] 13/7/2003 22:04

I hope your right Ken. Another tactic management could try would be to delist similar to Ronson.

[ken50] 12/7/2003 17:35

A rights issue is very unlikely at this level of shareprice.It would be too dilutive.
The management must currently hold less than 30% of the shares or they would have been forced to table a bid under takeover rules.
If they bid for the company at an unreasonable level other bids will appear.
At the moment there is a lot of cash out there and most people see the start of a market upturn.
A ridiculous bid would backfire on the management.

[targatarga] 12/7/2003 12:15

Unfortunately the banks may lend management money to buy the company at a discount knowing the shareholders have given up the ghost. The important question is would any shareholder subscribe to a rights issue if offered new shares at 1p a share?

[ken50] 11/7/2003 23:29

Probably as getting the cash into this yrars results would make the annual figures very respectable and keep the banks happy.

[donkeyy] 11/7/2003 10:12

Gents, do you recon they will hit their debt repayment at the end of the month?

[targatarga] 11/7/2003 07:53

Hope your right Biomax. I have brought these all the way from 60p to 9p.

[biomax] 11/7/2003 07:47

possibly, but so far they haven't sold, which is a good sign

[targatarga] 11/7/2003 07:29

Maybe Biomax but institutions will get out asap. Look at the way millions went through the market at 1p weeks ago.

[biomax] 11/7/2003 01:13

lots of institutional holding in this one, which is good

[mrslug] 10/7/2003 17:56

Are they expectting to pay this loan off or simply extend it for another month?
Am I correct in thinking that they seem to be owed millions for work already carried out?

[iantc] 10/7/2003 17:38

20 days left to sort the loan ,expecting it sorted sooner than that

[garth] 09/7/2003 20:38

Ken,

the only, but fairly significant, block? That and the question of who's side the management are playing on....?

IMO, of course - but still watching.

G.

[biomax] 09/7/2003 17:07

looks promising, imo,
20 p is not out of question

[ken50] 09/7/2003 16:16

Company website showing another design contract win in middle east.
The only block to a major re-valuation is the reduction in debt demanded by the banks.

[biomax] 08/7/2003 14:35

looks cheap at 4p, resistance at 60 p

[iantc] 08/7/2003 14:27

bit of a + outlook from the interims ,,,,,,, We
have secured major assignments in China, Denmark, Italy, Qatar, Taiwan and
Thailand, each with international customers of significant repute and standing.
The amount of repeat orders from customers has again increased.

[iantc] 08/7/2003 13:36

costing more to buy now ,loan repaid and double your money ,not repaid and say bye bye ,50/50 risk reward ,though imho the loan will get repaid before the end of the month

[biomax] 08/7/2003 11:27

looks cheap to me