Oak Holdings Share Discussion Threads

[grahamcm] 02/1/2008 20:57

Nothing ridiculous about dead cat bounces, they happen a lot, in fact i think a lot of people watch for them and buy into them for a quick short term profit (and also helping to make them self-sustaining) - i did with nrk a little while ago. This could be the bottom, or it may not be - not sure at the moment.

[timely] 28/12/2007 17:16

gbb Don't be ridiculous.

[gbb483] 28/12/2007 15:41

Beware the "dead cat bounce".

[gbb483] 27/12/2007 17:52

Interesting that the date of the article (8th Nov 07) coincides with the start of the slide in the share price.

The map in the article shows that Network Rail's proposed National Engineering Centre would be ideally located in the centre of a railway triangle, and as such is highly likely to get approval (minimum disruption etc. etc.) irrespective of the antics of the nimby's.

I've no idea how such a development would affect the profitability of the Yes! site, it seems far enough away not to impinge directly. I assume that it won't affect the approval of the Yes! project, that being a done deal.

More info here and here (shows that the project has been around since May 2007)

Plus loads more from google.

[ghbg] 27/12/2007 14:44

Slightly off the topic but may explain partially delay in signing development agreement

[bobble2] 24/12/2007 19:54

it seems the only capital in this company now is the acreage bought for the access to the site. and if the site does not get built the land is just an eyefull of scrub. i bought this stock on good authority from the top but must confess i done my dough.. merry xmas.

[ghbg] 21/12/2007 14:20

It is probably correct that it is difficult for the funding - however they have an MOU with RBS - it just depends on the terms - until the development agreement is signed - which it is not - and the full planning is in place - which it is not then the project is delayed - it doesn't mean it is a write off. If the project is worth less then it may cost less - lenders still lend to developers; the situation economically we are in now is not going to be the same in 3 to 4 years time - if it is, it will be a depression. Equally they could just sell the project on which would may the best idea in my view.

[ohwiseone] 21/12/2007 13:39

There's an old market dictum about consolidations:it warns that they often take he share price back to the level from which it was consolidated. Wasn't that 1.5p.

I think it must now be obvious that they can't get the development finance together. Not so surprising when one considers that there is a complete freeze in the world of commercial property lending. Six weeks ago things were still appearing to be moving. Now, nobody knows what anything's worth and, if so, how can you lend on it. Probably right to write this one off, I'm afraid

[ghbg] 21/12/2007 11:49

The former registered office was 15 Half Moon Street, London, W1J 7AT - why the reference to Norwich?

There is reference to the decision on the development agreement on the Rotherham website - not much of one - but if refers to the decisions to be made between Nov 07 and Feb 08 - the model forward plan relating to key decisions.

Clearly the officials involved were expected to make a decision in November. - link to google search results - also look at agenda item 6 for meeting on 12 December 2007 which refers to agreement being hopefully concluded by end of this year and full planning being submitted by Summer 2008.

[katylied] 21/12/2007 09:43

Yep, different here in the UK. No bank problems?
I expect Northern Rock are gagging to lend
some (taxpayers') money... :o)

[gbb483] 21/12/2007 08:53

If you do a search, you'll find that address in Vine Street is the home of both Field Fisher Waterhouse and the Emperor Bar. So I guess Field Fisher Waterhouse are probably now the poste resente for the company (and as such shouldn't be that pricey). Either that or they're all sitting around a table in the snug with a bottle of plonk.

[grahamcm] 21/12/2007 07:44

The voices in my head are now telling me 20p by late January. I must say moving the office to Vine Street should be a good one as it makes them more credible as a serious property business - more so than Norwich. They must be confident of the future and the advantages, as Vine Street wont be cheap. An interesting developement, I feel.

[gbb483] 20/12/2007 17:43

Or a sign of the times for a US bank?

[grahamcm] 18/12/2007 22:29

No, just my guts - or maybe its wind! But then Bob Dylan did say that is where the answer is.

[katylied] 18/12/2007 13:14

Liverpool (football) revise stadium plan...



Suggestion that a US bank has walked away.
Sign of the times for large commercial
construction projects?...

[gbb483] 17/12/2007 22:06

Is it an equilateral curve heptagon weighing about 5grms?

[grahamcm] 17/12/2007 21:21

Something is saying 20p to me.

[bobble2] 17/12/2007 20:02

anybody want to take a guess where the bottom of this one will end up.. i had 40p by spring and weve done that already.

[sanroc32] 12/12/2007 11:30

it seems to me that a very small buy or sell can influence the price of this one, today it has dropped .5p with no share trades at all. Crazy business this.
Good fun though eh? Good luck to all

[grahamcm] 12/12/2007 06:47

It doesnt take long for it to lose 10p at the moment, and that is a big percentage of the price at this level, and getting bigger. It has no more support areas anymore, and the share price is collapsing. I do beleive it is undervalued, unless i am missing some important signs, however no point buying until the trend changes and i alone can not change that.

[gbb483] 11/12/2007 15:32

I thought it'd eased up yesterday, but it's making up for it today with double the normal drop.

[gbb483] 09/12/2007 09:21

The whole leisure sector's taken a hit and this seems to be the cause :

[ghbg] 07/12/2007 16:46

Whether the agreement is signed it does not mean that the digging will start - crucial to this are (1) committed tenants and (2) funding - and the financial markets are currently not favourable to either. Perhaps the project will be mothballed or sold on?

[sanroc32] 07/12/2007 10:54

The only thing that is going to stop the downtrend here is to get a couple of JCBs on the site and start digging, interest will soon return and so will a sensible share price I am still optimistic and am happy to hold for another couple of years, the one good thing about the present share price is that once the agreements are signed and digging starts, we will be well placed to buy more at a very cheep price. Good luck to all

[grahamcm] 06/12/2007 17:55

Not sure what the reason is as it doesnt seem to take much to drop the price. Its as though a price level is being sought that will generate some interest, and it has not been found yet - this could still drop by another 50%. Agree its best to wait to see if the downtrend breaks and levels out. The option price of 122.5p seems a long way of now. If this ends up back at 2p again i will be back in - and it would not suprise me.

The last time they commented on the low share price (they didnt understand it) they commisioned an independant valuation of the company - which we are still waiting to hear the results of, so i hardly think they will find something to say about it now. I guess they find it hard to say that they are taking too long, we were promised the physical work would start at YES this year - not long left now!!