Oak Holdings Share Discussion Threads

[gbb483] 27/3/2009 08:47

Are we heading back up to the face value of the certificates ??

[kkringe] 08/12/2008 13:46

As the share price is about to go south of the face value of the new certificates, they'll have to do another 're-adjustment' down to 1/2p.

[boadicea] 10/11/2008 16:47

LOL.
I suppose that's about par for the course with advfn.

[gbb483] 10/11/2008 14:07

I see that ADVFN have taken the revaluing of the certificates (5p for 50p) as a stock consolidation (1 for 10) and adjusted the historic share price accordingly. Never mind.

[longtech] 14/10/2008 17:35

As always long suffering private investors will be diluted out of existence.
Thanks a bunch.
Then if Rotherham Council and the other Councils, Sheffield etc hadn't spent
so long navel gazing, this project would have got under way years ago, before the credit crunch.

[kkringe] 14/10/2008 17:21

A , which essentially says that they're tippexing out the '50p' on the share certificates and putting in '5p'.

I would suggest that they should put in '1p' to save themselves the bother of going through the whole excercise again in a few months time.

[grahamcm] 10/10/2008 01:12

It would have been better than buying at 43p !!! I wasnt really that confident of actually seeing 2p again, now im not so sure.

[gbb483] 09/10/2008 14:39

Back to 'buy-in' prices for the very brave.

[timely3] 23/9/2008 20:52

We just need the dust to settle and for an rns to confirm funding is in place and we can get motoring again. I personally think they have gone too far now to be stalled by this for more than a few months anyway. All imo.

[gbb483] 23/9/2008 19:34

Remember Skanska were once in the frame for this project? Well they've started having projects cancelled. , so, although that project was in States, it doesn't bode well for Oak.

[stable] 18/9/2008 13:59

The fact that RBOS were the bank quoted as the one to fund Oak does not inspire confidence in the near term.
We have to await management comments when the position clarifies. In the meantime we suffer the price dropping after every sell.

[gbb483] 02/9/2008 08:32

Yesterday's RNS on the revaluation didn't add anything to what was already known or expected. It did cause the MM to up the price momentarily which was enough for a few holders to take profits. The promise of more MoU has been an ongoing statement from Oak, so that also doesn't add anything to what was already known or expected.

[ghbg] 01/9/2008 14:41

I haven't expected much to happen to the share price (albeit it has now dropped a little) but I have doubled my money (theoretically) on the purchases I made at 18p and 20p - I have also held since 2005 so I can wait; previously the net assets were circa 68p so on Friday the share price was at a discount of some 35%. Therefore in time it would not be unreasonable to expect it to close to that discount again. I will be interested to note the outcome of "compelling options" re working capital and also the prospective memoranda of understanding envisaged to be concluded shortly.

[grahamg8] 01/9/2008 14:16

ghbg, unfortunately the rest of the Company has a negative value ie liabilities exceed assets, hence the repeat warning about fund raising. H1 results gave NAV of £9.8m of which Yes project was worth £10.5m. So given that everything else is largely unchanged the NAV is now £19.3m or 127.56pps or share price is currently at a discount to assets of 67%. This is only slightly more than the discount for the property sector as a whole so don't expect much to happen to the share price until funding has been sorted and construction begins towards the end of the year.

[timely3] 01/9/2008 09:11

Nice one!!

[ghbg] 01/9/2008 08:49

£21,000,000.00 divided by 15,130,133 equates to £1.3879 according to my calculations.

[timely3] 01/9/2008 08:42

The valuation of £21m just announced would equate to at least £1.20 which is the equivalent price (before consolidation)at which I originally bought my shares. Having averaged down since then I am now hopeful of at least getting my money back and hopefully more.

[stable] 27/8/2008 08:38

The mm's priced both buy and sell with a volume, currently 2 mm are priced at up to 1000 shares and the other 3 are 500 shares.Anymore than the numbers are at the mms discretion. These are very low numbers reflecting the low volume in these shares

[kkringe] 26/8/2008 14:14

Strange, one sale today, at 2p below the bid, and the bid price isn't moved down to reflect it. If you can't sell at the 'bid price', how can it be the 'bid price'? (it was only a few thousand as well).

[amorruso] 20/8/2008 16:32

Moving towards breakout territory...

[gbb483] 20/8/2008 13:16

If I didn't know better, I'd suggest that the MMs were trying to stifle trading in this stock.

[kkringe] 19/8/2008 14:04

So a 5,000 sale went through at above the sell price without knocking the price down (though it did have 'bargain conditions' - whatever that means), which bodes well for a further increase later today.

[sanroc32] 19/8/2008 12:22

grahamcm I have always been long term on this, I am hoping for a nice boost to my pension in 2012 from this one. Good luck to all

[grahamcm] 18/8/2008 21:16

As in any rise there will be short term profit takers all along the way, but there will also be new buyers both for the short term and long term. Im looking long term now, not short term, and there will be fluctuations.

[kkringe] 18/8/2008 16:11

I think the MM tried to put the frighteners on on Friday with the 1p drop in price mid afternoon. They probably now realise that that wasn't going to work.