O Twelve Estates Share Discussion Threads

[jayson26jay] 24/8/2009 14:55

lol short killer - did you keep some?!

[jayson26jay] 24/8/2009 14:54

yes, if you think house prices are going up
thats why this share price is going up.

[lol short killer] 24/8/2009 14:54

I am out. Bought at 5.75p and sold at 13.25p. Leave some profits to others.

GL to piggle and all other holders! lol

[hamblyr] 24/8/2009 14:54

WR - for 120%+ gains in 24 hours - that's why!

[whiterussians] 24/8/2009 14:49

have they breached bank covenants



from the statement


At 31 March 2009 the LTV ratio on properties charged as security was 98% and the ICR was 126%. The fall in property values reported above led to the Group breaching its LTV covenant at the year end.


ie. Equity is 2%

would you buy a house with 2% equity,lol

[jayson26jay] 24/8/2009 14:47

MMs make the extremes worse, watch out for a share price spike!
I am taking half my profits now, for a free shareholding, watching out for that 20p!

[esanlfc] 24/8/2009 14:42

those pesky MMs lol

[sven2006] 24/8/2009 14:42

shakey shakey

[sven2006] 24/8/2009 14:41

shakey shakey

[esanlfc] 24/8/2009 14:40

going back up now hopefully

[jayson26jay] 24/8/2009 14:39

nothing trading on the plus for the last 15 mins, must be trading thru the MMs?

[ydderf] 24/8/2009 14:38

most heavily geared property stocks will eventually go through the roof because even a small advance in commercial property values will have a dramatic effect on NAV, another a heavily discounted illiquid property stock in this position is arguably, Safeland, though the potential candidates are rapidly being spotted and run up now.....

[jayson26jay] 24/8/2009 14:36

still holding, dow is up at the start, good sentiment at the moment!

[bunky3] 24/8/2009 14:36

got 14p for mine. ill wait and see. not turning down 2k profit on £700 investment

[double6] 24/8/2009 14:36

IMHO the MM's just sucked the mugs in - then the first sell (no matter how small) brings the share price back down

[lol short killer] 24/8/2009 14:36

exactly, I sold LTW at 10p, and then kicked myself all the day later....

[esanlfc] 24/8/2009 14:35

must have been a tree shake cos looking at the trades there wernt that many massive sells?

[getting started] 24/8/2009 14:34

Over 300% in 1 day LTW!

[terzoalan] 24/8/2009 14:34

paragon157 - same here. :)

[lol short killer] 24/8/2009 14:34

yes,still in. lol

[hamblyr] 24/8/2009 14:34

LTW did this Thurs pm and look what happened Friday!

[esanlfc] 24/8/2009 14:33

hmmm not sure if its worth selling now - LTW tanked after its sharp rise but then bounced sharply again. hoping the same happens here

[lol short killer] 24/8/2009 14:33

lol, as you wish, but....

[aalli] 24/8/2009 14:33

next leg up anyone?

Piggle, SK are you guys still holding?