Milestone Group Share Discussion Threads

[safman] 29/11/2007 13:07

k123..

in order to buy 5 mill.. that would be impossible.. say if the stock was available.. you would be looking to spend over 2p per share at these levelsimo.. u have to consider the illiquidity..thats 100k +..

saffy..

[k123] 29/11/2007 13:02

They can not hold this back.
Some will sell but most will wait.
Just needs another net 2-3m buy.

[andrbea] 29/11/2007 13:01

could it one be big stakeholder buying from another?

[safman] 29/11/2007 13:00

"Let's put a buy order in for 5m"£..

what ..7.5K..don't u mean 75K + ..

SAFFY..

[safman] 29/11/2007 12:58

hmm.. sell @1.27p..455K, around 1.6/7% of equity.. and a buy of 560K ish @ a premium..of 1.6p.. largish trades..

saffy..

[k123] 29/11/2007 12:57

Say we have 3m left then.
Let's put a buy order in for 5m,which should be 7.5k.
Where is the stock coming from?
I will test this when i am ready!
Or let's group together and do it?
Good luck.

[safman] 29/11/2007 11:30

up 4% so far today.. question i'd like to ask is who picked up the 28% stake @ 1p..? could it be picked up by JM Finn on behalf of a private client?

questions, questions..

saffy..

[andrbea] 29/11/2007 10:56

volatility:

Already this year it has dropped by as much as 75% in a day and risen by max 115%/day. so illiquid alright.

and illiquid intra-day too
in 2007, it once recovered from -31% intra-day to end the day 15% up!

And now, compared to 10 days ago, the free float has reduced even more.


So even wilder swings ahead?

[garykc] 29/11/2007 10:30

As far as I can tell, the following have notifiable interests' in the company:

Prism Nominees: 6,800,000
Barclays: 2,100,000
Nat Grid Pension: 1,150,000
Winterflood: 1,700,000
Forest Nominees: 2,320,000
Fins: 7,700,000

This makes a total of: 21,770,000

This doesn't take into account all the holders below 3% or the c1.2m bought yesterday. I know a lot of us on here own at least 2m - 2.5m so stock must be like rocking horse sh1t.
Please correct me if I am wrong, I'm sure you will. LOL.

[garykc] 29/11/2007 10:28

k123 & Dorset64. As I have said twice now check my post out regarding free stock. What isn't shown is today's trades or the additional Barclays increase. Just in case, here it is again: (Next post)

[dorset64] 29/11/2007 10:25

Thanks K123, so if you are correct all we are now looking at is only circa 15-18% of shares in 'free float'.

You can see why then that any persisent buys will rocket the share price

Dorset

[k123] 29/11/2007 10:05

This is only my opinion:
I make it 4-5m free shares.

[dorset64] 29/11/2007 09:58

Again so far looking good for the day, with the mm's marking this up. Reading through the previous posts can someone if possible, list the number of 'free shares' still around after the Barclays addition.

Thanks

Dorset

[eggbird] 29/11/2007 09:54

Right, Its off to work for me. Will check in later to see where things are at.

Keep hold of them shares. More to come here for sure.

[eggbird] 29/11/2007 09:53

well, maybe one person will !! LOL

[eggbird] 29/11/2007 09:52

Limits now:

Can buy 25k at 1.4p can sell 525k at 1.28p

K123, and that free stock is fast running out. Marked up on a buy of about £400

Come on MM's you need to raise the bid a lot higher than this if you want some stock back. No one is willing to sell at these levels.

;-)

[k123] 29/11/2007 09:49

Thanks for correction.
Can i still hope for my 10p SP?Please.
This will be a hot share to trade when free stock are no longer available.

[eggbird] 29/11/2007 09:43

Online limits improving even more.

Can buy 25k at 1.4p can sell 525k at 1.27p

Thats the highest sell limits I have seen here so far..I suspect there are a few buy orders in the background

[maytrees] 29/11/2007 09:11

No difficulty in selling online in decent volume eg quoted
1.25p for 100,000+ in dummy trade but max online quote to buy atm is 1.36p+ for only 10,000 shares

[safman] 29/11/2007 08:32

my gut instinct is that someone will take a controlling stake here, and use this as a vehicle.. thats my opinion here anyway.. i could well be wrong..

saffy..

[andrbea] 29/11/2007 08:32

so Finn (nominees) takes a 28% stake (last Monday)
Barclays ups their holding (yesterday)

my take:
maybe it's been groomed for a RTO? (is it a clean cash shell?)
Look at the example yesterday of krp:

KP Renewables resumed trading at 1.80, up 0.20, after agreeing the reverse
takeover of Island Gas. The new entity will be called Island Gas Resources.
Under the terms of the takeover, Island Gas shareholders will get shares
worth an aggregate of 50 mln stg.


nia dyor

[eggbird] 29/11/2007 08:27

Just had a quick look at online limits,

Can only buy 25k at 1.4p, can sell 250k at 1.26p

[eggbird] 29/11/2007 08:23

Morning all,

A nice 91k buy above offer seems to have got us moving. This hasnt started moving the last few mornings untill at least 09:30, quick off the blocks this morning though!! ;-)