Milestone Group Share Discussion Threads

[k123] 03/12/2007 09:10

This will get even better.
How much available free stock do we have?
Hold on to your shares,better buy some if you can?

[maytrees] 03/12/2007 08:57

Greetings Chesty1

It looks good atm but could still be a little like EEL just b4 suspension
and then what happened...

This time however I think that the RTO will happen though dyor

[mister md] 03/12/2007 08:56

tighter spread than vodafone!

[maytrees] 03/12/2007 08:55

MSG share price 26% up now
1.80p to buy
1.80p to sell
Can't buy or sell online
MMs as puzzled as PIs lol

[eggbird] 03/12/2007 08:54

gary, I just tried to buy a few, to put some major pressure on the mm's, cannot buy 1 share!!

[garykc] 03/12/2007 08:53

My first 3 bagger for a while, if I sell of course. Ha ha. Can't buy anything online at the moment with Selftrade.

[maytrees] 03/12/2007 08:41

Another small buy and share price 12% up now

[maytrees] 03/12/2007 08:26

Greetings Dorset64

The only msg trade I can see atm is a 112,000 buy
at well over offer share price of 1.75p

5% share price gain and still no chance online

[dorset64] 03/12/2007 08:13

250K buy just gone through and up she ticks.

Dorset

[maytrees] 03/12/2007 08:10

Presumably still in theory trading as offer share price is blue now -lol

[maytrees] 03/12/2007 08:09

Good morning

Can't buy or sell any on line atm.
Is MSG share trading suspended? RTO news imminent perhaps?

[maytrees] 02/12/2007 12:11

The possible downsides to being an MSG holder atm
appear to me to be:

i. The RTO does not go ahead.
ii. The group is wound up.
iii. Share trading suspended during RTO

The RNS above indicates that if i. above applies so will ii.
ii. should not imho leave msg holders at current share price levels (or below)
with very much if any loss as cash in bank quite apart from proceeds of
sales of TV interest etc even after admin expenses should
cover current share price So investing in MSG should (like premium bonds)
at least give PIs their money back.
iii. Might apply but given that there have been talks since
June 2007 if not b4 suspension should not be for very long.

Possible upside however is:

i. RTO does go ahead.

My back of envelope calcs of c.2.4p a share value for
PI holders do not take into account any enterprise value
goodwill or worth of TV licences. Nor do they factor in any
benefit for an unlisted co acquiring a co with previous
sizeable tax losses which a half decent accountant might
enable the NewCo to reap benenefits from. Also if the
recent stakeholder like many recent PIs inc yrs truely
bought a number of their shares at well under current SP
they could afford to pay a further premium over the 2.4p.

Any existing MSG directors/holders not party to the RTO
would I assume be wanting as large an share price as possible not
least because their shareholdings unlike those of recent PIs
may be in the red from MSG's previous deterioration.

All imho so dyor

[maytrees] 01/12/2007 14:15

cougar6 this is what MSG said in their June 07 results:

"...the Company essentially has
two options: (i) a paper-based acquisition expanding the group's interests and
taking the business in a new direction or (ii) the winding-up of the group
following a sale of the TV division and distribution of any outstanding cash to
shareholders. The Company is currently investigating a possible transaction with
one particular entity although the final outcome, at this stage, remains
uncertain. The Board is doing all it can to reach a conclusion and intends to
make a further announcement in due course. Throughout this period the Board will
remain focused on minimising overheads and losses..."

No further announcement since then other than of Stakebuilding
or holdings RNSs that I can see. One due v. soon imho - hence the
lack of stock to buy atm - even for ready money.

[garykc] 01/12/2007 13:45

P.S. Just off to watch Bristol Rovers in the FA Cup if the game is still on. Just had an absolutely fantastic thunderstorm here in Bristol which has dumped about 5mm of hailstones everywhere. It's just like a Victorian Christmas scene.

[garykc] 01/12/2007 13:43

Hi cougar6, I believe you stated that to me a while back. I have trawled through every bit of info I could find and can't find anywhere that the money was returned. I am still very confident that they have c£500k left which equates to an share price of 2.2p minimum. Have stopped buying now as very cheesed off with only being able to buy about £100's worth at a time. I have temporarily release some funds from GOO and put my spare cash into URA as they are due to announce their finals next week. I'm probably stuck with what I have in MSG for the time being. Good luck to all holders and here's to a great week for us all.

[cougar6] 01/12/2007 12:20

Might be wrong but sure they raised this cash subject to a deal to buy a company the deal never took place and cash returned !!

[maytrees] 01/12/2007 12:16

Greetings Courgar6

You may be right though I have been averaging up over
the past few weeks and am already in fair paper profit.
The key appears to be buying in smallish tranches over a period rather
than in one buy.

During my telephone call to the CEO a few weeks back he made plain
that they were hoping (no guarantee given) to give shareholders some value - possibly
the board feel a bit sheepish given the share price plunge over the months b4
and their last results statement hinted as much too.
Directors forgiong option rights and any more severance payments
c.£600,000 cash in bank then unlikely to
have reduced much since given tiny staff count now.

November comes to mind as the hoped for timing so
news if any could be imminent - dyor

[cougar6] 01/12/2007 12:06

Maytrees dont think they have much cash and there other trading ops prob a run at loss, its just a low cost entry into a shell company. feel there could be a lot of upside for a few small holders. as I stated tried to buy 5m share. now looking at another company on AIM

[cougar6] 01/12/2007 11:36

The company will need to do a rights issue, or reverse a deal in ? this would have to be done a 10p a share so the stake building will be so they dont give away to much when they do there deal. just my thoughts

[garykc] 30/11/2007 16:16

The true spread with Selftrade is 1.46p to sell, 1.5p to buy with a max of c7k shares. Pathetic really.

[market maker2] 30/11/2007 15:59

MMs trying very hard to keep a lid on this, dont want to attract too much attention with a very large rise quickly.