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MWH Millwall Hldgs

175.00
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Millwall Hldgs MWH London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 175.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
175.00 175.00
more quote information »

Millwall MWH Dividends History

No dividends issued between 01 May 2014 and 01 May 2024

Top Dividend Posts

Top Posts
Posted at 11/6/2012 14:59 by chinese investor
Ukranian Businessman, Ivor Banana, is to make a bid for MWH.
Posted at 21/11/2011 18:38 by supercity
oh dear smelgy

the company has nearly 1.4m shares in issue of which 70% are owned indirectly by the one who is proposing to delist from aim...how exactly does that make anyone anywhere able to bid for the company???

sad to say any money tied up mwh by yourself has to either be written off or sold at these levels.
Posted at 18/11/2011 20:13 by smelgy
..............does nobody understand the scenario here?

The whole of the stock in the public domain is available for around £550,000. Do you not think there is someone out there interested?

To buy the publicly traded stake in MWH for that price puts a spanner in the works. Someone is accumulating to thwart not only the delisting but the chairman's intended greed at taking the whole club for a bargain price.

There will be some fireworks at the AGM thats for sure, and I've always said that at these stupid levels there will be a bid.

Watch this space.
Posted at 18/11/2011 17:19 by chinese investor
We at UBS have been given instructions.
I can't say anymore.
Posted at 18/11/2011 16:59 by jfishy55
Yesterday 100 shares changed hands in 2 trades.
Today 3667 shares changed hands in 7 trades.

I think the only reason the price moved up is because they is a background buy ordered designed to mop up any sellers. Certainly bizarre. Perhaps there is so little trading in MWH that the smallest order drives the price?
Posted at 08/11/2011 14:33 by jfishy55
Andy,

I took the figures from ADVFNs figures which claim there are 380,000 shares in issue.

Assets I presume come from the last financial statement from MWH - of course the team may be worth a lot more (what if you had to sell all the players at once though?). The land could be worth a lot more *if developed* - which will take money.

If I wanted to buy a football team perhaps you would be right - but as a business I see little point.

The bottom line is, this company has continuously sought to raise funds in the market but failed to deliver profits with the additional capital. This suggests that the management cannot deliver.

Personally, I think there are many many other companies that show far better prospects than MWH. Once the company de-lists it will be very difficult to trade the shares or determine their true worth.

Whatever you choose, I wish you the best of luck.
Posted at 08/11/2011 09:54 by jfishy55
Smelgy,

You have to look at the facts. Yes the market cap is £700k BUT:
- Net Debt is £16.42m
- Assets are 3.29m
- Working capital is (£8.03m)
- Profits are (£200m)

I.e. The company has no money to redevelop land or the club in any way unless it issues more shares or takes on more debt. It is loosing cash hand over fist so cannot afford to pay down the existing debt. It has no working capital so can barely continue on an ongoing basis.

MWH is bust. Leaving AIM is quite possibly the only option.
If there is any conspiracy by members of the board it is to eke out yet another pay cheque before the company flounders.

On the subject of a rich person buying themselves a club:

Yes they could, for example that person could buy all the shares in the club for let's say £1m. But because they would be taking on the debt, they would actually be paying about £17.5m. Better to let the club go bust & bid for its assets in auction.
Posted at 02/11/2011 13:41 by mylands
Amongst other reasons there are two major points to consider when looking at the fall in the share price

Firstly, we are in a bear market and tiddlers always suffer badly when punters flee the stock market as they see their investments fall in value. Secondly the consolidation the company enacted in October 2010 totally zapped the turnover in the stock. From punters investing in tens of thousands of shares they overnight were punting in a share valued at 800p and turnover plummeted and has never recovered.

I agree the share price will only start to reverse the downward spiral if and when we get into the top 6 in the Championship. So, now is the time to buy before the few investors out there who are interested in MWH start to jump on board.
Posted at 09/10/2011 22:47 by smelgy
......not me 2magpies - but I admire those that have.

Trouble is, some of them think they are the toughest of the tough. They take it to heard too much.

As for MWH - at these levels, I'm convinced someone will now come in with a bid - and the price could surprise quite a lot here.
Posted at 09/10/2011 22:39 by 2magpies
Have you actually served yourself smelgy? A lot of people's dads were in ww2 (and it was compulsory then).

Re MWH: that chart is looking familiar now. The slippage has started it seems.

'Twas ever thus, was it not? How surprising! All the way down to ........?

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