MWB Group Share Discussion Threads

[sharw] 16/4/2009 16:26

MBE may account for some (but not all) of the rise.

Just been checking the maths:

MWB holds 46,951,379 MBE

There are 72,371,482 MWB units in issue

Thus each unit contains .648755 of a share of MBE

At 50.5p that is 32.76p

With MWB at 28.5p then LBE, Malmaison and H du V are in for less than nothing!

[xlairways] 16/4/2009 13:02

MBE is doing well today too!!

[whiterussians] 16/4/2009 11:01

Once this pops up, it wont stop

[xlairways] 15/4/2009 20:46

Hope the results are out soon. Have taken a small punt on these. Should still have a nav of over 80p i would have thought (fingers crossed)

[hibberts] 08/4/2009 16:21

looks like a bit of volume going through.

[phuckerty] 05/4/2009 11:27

Hi
Looks like the share price has bottomed i have allways said this is way way oversold.
Results should be out soon.
Regards

[jdung] 03/4/2009 09:44

check trade limited order list, maybe will very fast up to 38P?
because no trade at 21-22p, only one way up. then can have trade size..

[sharw] 01/4/2009 19:09

Suggest you go here for the number of shares:



16.1 @ 22.25

That may look cheap but at the interim operational properties were on the balance sheet at £492m and there could be a write-down there.

I am increasingly concerned at the delay to the results. I can only assume it is something to do with LBE - MWB can't publish until LBE has. The January LBE trading statement referred to "the annual results proposed to be issued in early March 2009".

[empirestate] 01/4/2009 17:11

what is the market cap on this one at 22 pence plse?

[alfred] 30/3/2009 16:59

Because the net assets have little realisable value, because leases can turn into balance sheet busting burdens, because the market doesn't believe occupancy levels can be maintained.

[jdung] 30/3/2009 08:23

check net ass, then take a way - debt = 38 p./shares. ( also company hold cash 18 p/shares), so should 38 + 18 = 56p/shares?
why the share price is 22p at now?

[phuckerty] 29/3/2009 16:47

Hi
Results should be good
Office space doing really well as this is a lot cheaper for companys especially in a recession.
Liberty performing well
Hotels not as bad as the market is expecting.
Regards

[sharw] 26/3/2009 17:16

This is odd - normally MWB together with MBE and LBE report at the same time, but today we have just MBE - which was a good result in the current climate. We have only tomorrow, Monday or Tuesday for the others to report. The key is going to be revpar at Mal/HduV.

[hmkwan] 26/3/2009 08:51

looking good for today's company report, any comm ?
please...

[markt] 11/11/2008 12:45

If property values fall...and look to have further to go...

(occupancy at hotels will continue to fall....as redundancies slowly take effect and continue....)

then MWB could easily have NAV of zero

and then the fact that it is loss making will make the shares worthless

previously it was only the NAV keeping up the share price I think...

[phuckerty] 05/11/2008 17:56

Hi Paddy
I hope you managed to top up as this has fallen with very little selling pressure. I t was not that long ago that a director brought at £1.26 so he must have seen value at thet price.
Regards

[paddyloyd] 04/11/2008 10:28

Hi Phuckerty,

Looking at the notification from MWB it seems they sold some shares and now have 6.84% unless I am missing something. I too hope that these are now bottoming out - I also agree they are very cheap at this price and may top up myself this week.

Regards

Mon 03/11/2008 15:58

RNS Number : 3242H
MWB Group Holdings PLC
03 November 2008

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
MWB Group Holdings Plc

2. Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights: ( Yes )

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )

An event changing the breakdown of voting rights: ( )

Other (please specify) : ( )

3. Full name of person(s) subject to the notification obligation (iii):
Deutsche Bank AG

4. Full name of shareholder(s) (if different from 3.) (iv):
Deutsche Bank AG

Tilney Investment Management

5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
30 October 2008

6. Date on which issuer notified:
31 October 2008

7. Threshold(s) that is/are crossed or reached:
7%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if Situation previous to the Triggering transaction (vi)
possible using the ISIN CODE
Number of shares Number of voting Rights (viii)

GB00B2PF7L39 5,078,895 5,078,895

Resulting situation after the triggering transaction (vii)

Class/type of shares if Number of shares Number of voting rights (ix) % of voting rights
possible using the ISIN CODE
Direct Direct (x) Indirect (xi) Direct Indirect
GB00B2PF7L39 4,950,143 4,946,317 3,826 6.83% 0.01%


B: Financial Instruments
Resulting situation after the triggering transaction (xii)

Type of financial instrument Expiration Date Exercise/Conversion Number of voting % of voting rights
(xiii) Period/ Date (xiv) rights that may be
acquired if the
instrument is
exercised/
converted.
N/A

Total (A+B)
Number of voting rights % of voting rights
4,950,143 6.84%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
N/A

Proxy Voting:

10. Name of the proxy holder:
N/A

11. Number of voting rights proxy holder will cease to hold:
N/A

12. Date on which proxy holder will cease to hold voting rights:
N/A

13. Additional information:
N/A

14. Contact name:
Andrew Blurton

15. Contact telephone number:
020 7706 2121


This information is provided by RNS
The company news service from the London Stock Exchange

END

[phuckerty] 04/11/2008 09:06

Hi
I see deusch bank took their stake to over 8% the other day and looking at todays action i think these have bottomed.
Regards

[phuckerty] 30/10/2008 19:06

Hi
Picked up a few thousand yesterday as i think these are way to cheap.
Regards

[malkie] 26/10/2008 17:38

ever wonder why you don't see the PLUS markets quotes displayed on L2 ADVFN anymore?

I think i may have the answer:

below is a tariff announcement form PLUS markets and i would draw your attention to the line below.

......................



Market makers may subscribe to a Voluntary Maximum Spread Regime, contributing to the high quality of execution available on PLUS, to earn a 100% discount on stock registration fees.

......................

Market Makers can get a 100% reduction on registration fees if they sign up for VMSR as detailed above.

This means they agree to limit the maximum spread quoted, but its for PLUS only.

This doesn't apply to AIM so they display the AIM quote with a wide spread but actually transact on PLUS with a much tighter spread. (they probably transact on AIM at the same price if need be - but thats another matter).

Watch out for the next Kill The Spread newsletter this week - some new developments and some really interesting people are now helping the campaign!

[sharw] 26/10/2008 17:37

I am also holding on grimly. The market is totally insane at the moment and normal valuations have gone out of the window. They will hopefully extend the break-up deadline yet again because it would make things worse now. (There is a clause that says the Directors may extend the programme should market conditions dictate that it would be in the best interests of shareholders). Presumably there are fears that everyone will trade down in a recession and the top-of-the-market hotels will be the first to suffer. However, the profit has been held back by expansion/start-up costs.

The company bought back 2m units @ 70p at the beginning of the month. Why no more at the lower prices we have seen? It could be because they only deal in a big block (Paddy mentions 3k trades - not worth the paperwork/RNS) or perhaps they would need PTM consent for the concert party. Any thoughts?

[phuckerty] 26/10/2008 13:36

Hi Paddy
You may well be right but they have taken a couple of large hits on property valuations and i think there is more to come.
Regards

[paddyloyd] 25/10/2008 19:32

My own view for what it is - is that the market makers are marking them down probably because of the state of general gloom over the matket. There were two trades today both at 3K and the price dropped. The price can't be varied without concrete trades. There were two price monitoring extentions the other day after the market closed which seems to me to be a try-on that didn't work.

Glad to see you are still on board pluckerty - I have lost on these but am still holding on. The Directors still own a substantial holding and that must be the greatest incentive to get the best possible deal in the end. We should all then prosper!

All the best

[phuckerty] 25/10/2008 15:33

Hi
Is this falling because of the state of the economy eg. no one cen raise the capital to buy the hotels or a more seiouse reason.
Regards

[sharw] 15/9/2008 23:48

Interesting article on Liberty: