Oak Holdings Share Discussion Threads

[sanroc32] 18/8/2008 14:38

we need a bit of news now to keep this running or profit takers will cause a drop again. Once 50p is reached it will be a target price for a lot of holders and the price could drop back. Lets hope we hear something about new tenants signing up to keep this rising. Good luck to all

[gbb483] 18/8/2008 12:51

100% gain on the mid-price in less than a month.

[sanroc32] 15/8/2008 21:16

A nice looking chart now, pity I didn't buy more at the beginning of the month, I could have doubled my money in just 2 weeks. But well done anyone that did.
Hindsight is a wonderful thing. Good luck to all.

[gbb483] 15/8/2008 16:43

Looks like 40p was someones trigger point ... you'll be sorrrreee.

[grahamcm] 15/8/2008 11:25

Just bought 2,500 @ 42. NMS was 500 and the broker had to go to the market for a quote - but it went through to my suprise. Im expecting to hold long term now.

[ghbg] 15/8/2008 09:39

37.37p. So they can whistle because I don't see at the moment that I would be able to buy back in lower.

[ivanaustin] 15/8/2008 09:32

what was the quote ?

[ghbg] 15/8/2008 09:04

Well I can get a quote to sell 15,000 quite easily this morning (no I didn't sell them either) but couldn't get a firm quote to buy 1,000.

[gbb483] 14/8/2008 15:20

Out of curiosity I tried to sell 4000 and failed to get a price quoted (no I didn't sell them). Maybe there's just to few market makers for the stock, though the financials page lists 7 of them (Arbuthnot Securities, Shore Capital Stockbrokers, Peel Hunt Ld, Ther And Greenwood Limited, Terflood Secs Ld, Dsbanki Securities (uk) Ltdf, Uthnot Securities Limited).

[gbb483] 13/8/2008 09:45

... so if you topped up in the last dip be prepared to take profits on that part of your holding ...

[grahamg8] 13/8/2008 09:21

In keeping with the leisure and entertainment concept these shares are likely to be a white knuckle ride for investors. Starting out on a £300m+ project with nothing in the piggy bank is the ultimate high risk experience. Overspend by just 1.5% and the NAV is wiped out, underspend by the same amount and it doubles. Having lost most of their original investment long term holders are likely to hang on making sure there is stock shortage. But newcomers could be tempted to bail out resulting in sharp share price reversals.

[ghbg] 12/8/2008 17:47

Given the preferred developer agreement had a value of £10.8m in the company books at that price since 2003 and the company is now having the land and the development agreement valued and expect it to be substantially more than the NAV of 68p it is no wonder the price is moving. The seven days have passed without objection so the development agreement and 250 year lease is ready to be signed. I would say imho simply the shares are undervalued hence the move up. So, I won't be selling any of my reasonably large holding just yet. In 2005 Property Week described the company as a tiddler worth only £16m (at 2005 prices not now)) whose size could be transformed if the then nascent YES! Project got the go ahead. That time has now arrived and the company is only currently valued at £5m. Even with the credit crunch prices are seriously adrift in my view.

[sanroc32] 12/8/2008 15:18

wow 25% up today isn't it exciting good luck to all

[kkringe] 12/8/2008 12:18

There must be a big buy order waiting to be filled ...

[gbb483] 11/8/2008 17:43

I almost thought we were going to miss our daily step-up today - glad to see a few punters stepped up at the 17th 1/2 hour and did their duty.

[ghbg] 09/8/2008 18:59

I understand that point. My point was that I could offer 15,000 in the market and if I wanted to I could sell them without a problem. This also happened after the 40K odd trade later in the afternoon but you could still not get a price to purchase a further 1000. Normally you couldn't get rid of them for love nor money. Wonder why they are happy to be taking the stock?

[gbb483] 08/8/2008 13:01

The way to buy more than 1,000 is to put in a limit order using the current price as your limit.

[ghbg] 08/8/2008 09:58

Well you can get a firm quote for trying sell 15,000 but cannot buy 1,000.

[gbb483] 07/8/2008 21:23

At least the 30,000 sells didn't shift it down.

[gbb483] 07/8/2008 10:39

I'd have said that each trade has managed to bump the price up a notch ... but not it seems a trade of 510 (who'd buy that few? the dealing charges will mean that they'll require a large increase just to break even).

[sanroc32] 05/8/2008 22:53

timely I agree the building companies will be desperate to get involved with a development of this size and as the companies will be needing the work they will be keen to be competitive.good luck to all.

[timely3] 01/8/2008 16:48

One other good thing is that with the slump in the construction market they should be able to negotiate a good build price and there should be more labour available.

[ghbg] 01/8/2008 15:55

Sanroc32, the interesting point to me is the formal valuation aspect. It would be interesting to see what this comes out at. In my view it may have impact on the share price - or it may not.