Playgolf Share Discussion Threads

[currypasty] 24/3/2006 11:58

and under the IPO price !!

[azalea] 24/3/2006 11:57

Just got in for 15K at a super price of 16.15p; this is very close to, if not below the average share price at which shares have been snapped up by institutions in the past 6 months. With a very high (94%+) shares in institutions hands any further significant purchases will put the bite on the MM.

[azalea] 24/2/2006 10:56

PWR, like a number of others looks good, although on a high just before the results.

[beaufort1] 24/2/2006 09:23

One share I do like in this sort of area is Powerleague soccer centres (PWR). Well worth a punt in my view, esp with World Cup coming up!

[azalea] 23/2/2006 17:59

beaufort

Thanks for that input, two heads often better than one! Watching!

[beaufort1] 23/2/2006 17:01

There seems to be a fair bit of VCT/EIS investment in this share - Close Brothers have a lot, and Calculus EIS fund (who know their onions). However PLG have issued a minor profit warning for 2005 and made a slightly worrying comment about planning issues on Northwick with Brent Council. Potentially this is an exciting investment, but a bit early for me yet. I suspect a further price drop when the results come out. Has good asset backing, but what they really need is throughput of golfers into Northwick and then East Kilbride - early days on that score.

[beaufort1] 23/2/2006 16:46

Azalea - looks like you'll soon get the chance to get some at 15p!

[azalea] 22/2/2006 16:32

By eck they do seem to like shelling out more new shares - reflected in the low placing price and nodoubt to ensure no hitches. I would like some @ 15p.

[currypasty] 22/2/2006 08:44

RNS Number:7421Y
Playgolf (Holdings) PLC
22 February 2006

22 February 2006

Playgolf (Holdings) PLC

Placing of Shares

Playgolf (Holdings) PLC ('Playgolf' or the 'Company'), the owner and operator of
golfing facilities in London and Manchester, announces that on behalf of the
Company, Daniel Stewart & Co plc has raised #0.75 million by a placing of
5,000,000 Ordinary Shares of 0.2p each with institutional and other investors at
15 pence per share ('the Placing'). Admission to trading on AIM is expected to
take place today. The net proceeds of the Placing will be used to: -

* Provide the company with further working capital

* Explore new marketing and sales channels (in particular corporate
membership) at Northwick Park

* Accommodate advance payments regarding planning and design of their
proposed developments at East Kilbride

[azalea] 08/2/2006 16:23

Caught the MM off guard this morning, I bought @ 17.4p!!

[currypasty] 24/1/2006 15:48

trying to break that 18p again ?

[azalea] 08/1/2006 10:58

TA
You are probably right. I will just have to wait for an opportune dip? I have moved from the then rip off telephone orders to online trading with a cut of 60% in costs; interesting point though getting a better price.

[the_analyst] 08/1/2006 00:37

azalea...

I am afraid I don't see the spread gettign much tighter than this.

Couple of things to note:

There are relatively few shares issued (compared with many other stocks) and as you would have noticed, combined with the thin market, the share price moves on relatively low volume.

Secondly, if you use a telephone broker, you can get a much better price then the indicated offer price.

When I bought mine, I specifically placed a 'fill or kill' order and the broker was able to negotiate an acceptable price for me.

Regards

T_A

[azalea] 07/1/2006 08:06

I'm watching, but not interested in buying on that size of spread.

[the_analyst] 03/1/2006 23:19

niggle...

Exactly my view....

Have tried complaining about such occurrances before but no one seems to care !


Good news regardless though.

However, I expected to hear about their new Golf Centre(s) by now.....

[niggle] 03/1/2006 19:36

How come the shares closed higher when the announcement came out at 4.40? 10 minutes after the bell?

Looks wrong to me, the mms marked the share up on no volume at 16.22 unless a large rollover appears tomorrow, in which case it could look like insider dealing.

[niggle] 03/1/2006 19:25

Hi Curry you still in these? Good news today two institutions taking stakes in the company, augurs well for this year, finally!, should be worth the wait :O)

[currypasty] 03/1/2006 16:50

03 January 2006


Playgolf (Holdings) plc ("Company")

Holding(s) in Company


Playgolf (Holdings) plc was informed pursuant to the Companies Act 1985 that
Close Brothers Group plc has a holding of 6,068,055 ordinary shares representing
11.45% of the issued share capital of the Company.

[the_analyst] 03/1/2006 16:18

Any ideas any one why the tick up on low volume ?!

[currypasty] 28/11/2005 07:42

good price !

[currypasty] 28/11/2005 07:41

RNS Number:7260U
Playgolf (Holdings) PLC
28 November 2005


Playgolf Holdings Plc (the 'Company')

Placing of Shares

The Company is pleased to announce that it has placed 2,777,778 new ordinary
shares at a price of 18p, raising #500,000 before expenses. The placing proceeds
will be used to provide the Company with additional working capital, allowing it
to develop its sites at Northwick Park and East Kilbride and to develop new
opportunities for the Company. Application has been made for these shares to be
admitted to trading on AIM on 5 December 2005.

For further information contact:

David Piggins / William Frewen 01926 422320
Playgolf

Tom Jenkins / Marc Young 020 7776 6550
Daniel Stewart & Co PLC

Maxine Barnes 020 7430 1600
Bishopsgate Communications

[wooly62] 22/11/2005 12:11

I don't have any shares in PLG and have decided not to invest. Going back over the thread, I see lots of positive comments from the house broker, but price has been pretty flat (the recent upward trend falling a fall pretty much since the day they were listed). Even recently, the share price has fallen slightly. I am an occasional golfer and am interested in the idea of 6 hole golf as I simply don't have the time for 18 holes very often, but I'm not convinced there are enough "proper" golfers to generate the income levels needed to warrant a meningful rise in the share price I'm going to put this in my "monitor" file for now and wait to see how well Harrow performs before reconsidering investment.

[smelleroo] 11/11/2005 09:11

DAN STEWART SAYING A BUY - YEST SAW MMS TAKE ACTION BEFORE THE GOOD NEWS