Powerflute Di Share Discussion Threads

[tole] 22/1/2009 15:40

Yep he definitely could have done with having a better broker to have picked up the loose stock from whoever the seller was the other day. At least he is back at break even after todays rise. Good opportunity for anyone to pick a few up on the cheap yesterday though.

[pugugly] 22/1/2009 09:43

BUT COULD HAVE BOUGHT YESTERDAY AT 10P. !!!!!!!!!!!

[tole] 22/1/2009 08:15

Directors buying some more - 125k @ 14p

[tole] 21/1/2009 14:50

Worth a punt at the lows now? Large volume today.
Share price has lost 50% of its value this week from the 20's - and noticed the director bought +£40ks worth at over 18p the other day.

[tole] 09/1/2009 12:40

Watching as still like this lil' one.

[cmabey] 13/12/2008 11:37

stinker (can't better that and stay polite ;-)

It seems that we agree this is a reasonably sound company, so not sure what the argument is. I do think though that potential new investors need both sides of a story to help them make their decision.
Thanks for the filter - you are my 1st! It was fun - gl.

[smicker] 13/12/2008 10:21

Crybaby,

I'm not saying they arent a good investment at this price. I'm saying, in a nice way up to this point, that you dont know what you are doing and i was trying to point you in the direction of some information which should help you judge the company in the context of its peers. I dont waste time arguing/ namecalling etc so i'm filtering you. We'll just let it go at that.

[smicker] 12/12/2008 16:08

cmababy,
Re "As for access to credit, they don't even appear to need that either"

From the interim results Net borrowings reduced to € 24.4m (€ 25.6m at 31 December 2007).

They have a market cap of 13M.


Did you look at the shareprice performance of SKG?

[cmabey] 11/12/2008 23:04

smicker, I am speaking from experience, and most other sectors waited for September to start their nosedives.
POWR has even out-dived most mining and oil/gas stocks in Canada and the UK since April - so no I can't put this down to the same old 'crisis' excuse.
As for access to credit, they don't even appear to need that either - see below.

And that's my point - they were/and maybe are a sound company - but that won't help anyone's investment perform. No de-ramping intended, and I'm still holding - so I personally hope they get it together. However, whatever they are doing is not helping their shareholders and potential investors need to hear that.


10.01.08 (read 1st October)

LONDON (Thomson Financial) - Finnish paper mill operator Powerflute Oyj said it has agreed terms with the insolvency administrator of Papierfabrik Scheufelen GmbH & Co. to buy the assets and business of Scheufelen, a German manufacturer of coated woodfree paper.

Powerflute said the agreement is subject to due diligence and final approval by the board of directors and may or may not lead to the purchase.

The acquisition will be financed from internal resources, it said.

[smicker] 11/12/2008 22:48

You'd be as well to have a look at the Smurfit price as a comparison before damning this company. Theres a very obvious reason why it has headed south since April, mainly that the world economy is tanking. How are they going to make money if nobody wants their product. The company intends to buy up underperforming assets. How can it do this if the debt markets are closed to it?

[smicker] 11/12/2008 15:34

No bad news?? Did uou read the update

[lane1] 11/12/2008 13:50

why has this company share price breen decimated on no bad news ? Any answers ?

[johnrxx99] 11/12/2008 12:06

Borrowings - say no more

[theuniversal] 08/12/2008 18:39

looked at the dividends, not sure if they were at £3.96 on the yahoo website or are they 3.96p as on digital look, this company looks good medium to long term. any help on this would be welcomed.

[tole] 02/7/2008 16:13

Still have this one on the watchlist - looks like everyone shares your concerns MASURENGUY - no posts since march.

New low today...

Though am sure it will make a good recovery at some point.

[masurenguy] 17/3/2008 07:49

Results look good - the current market climate and level of debt may hold this back.

[pachandl] 15/3/2008 11:28

Tipped again in Investor's Champion Small Cap review.

[smicker] 23/2/2008 14:40

As a matter of interest SmurfitKappa share price has moved similarly in magnitude to powerflute so you could assume the fall is market related rather than stock specific. Smurfit have said they arent seeing any weakness in business worth talking about

[buzzaldrinsballs] 21/2/2008 13:03

Ooooh. A little tickle upwards.

[intuanua] 18/2/2008 14:32

Bacchantes ltd are industry investors with a lot of market knowledge - I guess they see this as one fundamentally undervalued at 50p.

The big issue though is - will POWR be in a position to make an aquisition before the first anniversary of the listing. My guess will be yes and that will have a major bearing on the direction of thisa share.

Looks to have a mkt cap of 68M Euro and net debt of 27M Euro with a predicted EBITDA for 07 of 20M Euro. The industry is trading on a multiple of 5.5 times EBITDA at present = 110M Euro = £1.25 per share and would allow the company to buy a business of some 50M Euro on a debt position only.

Getting into value territory but I'm still cautious and think buying on acquisition news is more secure.....

[m.t.glass] 06/2/2008 08:37

Explains some of this week's volume:

LONDON (Thomson Financial) - Powerflute Oyj said Bacchantes Ltd has raised
his stake to about 15.25 mln shares, or 17.33 pct of the company, after buying
about 1.53 mln at 49 pence a share on Feb 4. Bacchantes previously held about
13.73 mln shares, or 15.6 pct.