Prestbury Share Discussion Threads

[mjcrockett] 21/6/2007 19:48

nick, I am interested in your comments re results. I would have thought that current market conditions would be fairly tough for PBH and I would have expected at least a weakish outlook statement with the results. Do you know different?

MJ

[baggywrinkle] 21/6/2007 15:20

reckon that you could get 250K is you wanted them. Hence the drop on small quantities.

[latestarter] 21/6/2007 15:15

maybe we shall see there are some orders in under the current bid if the seller throws the towel in

[nickcduk] 21/6/2007 15:11

Im not sure you will see what they have taken. If the order is being worked as I imagine it is then it won't be printed today unless its completed.

[latestarter] 21/6/2007 15:07

i would rather wait to see what they have taken before my next move

[nickcduk] 21/6/2007 14:59

I have bumped his expectations up a little. A dummy trade was quoting me 11.7p versus 11.6p I paid. I reckon another 50-100k are available. They are a steal at current levels imho.

[latestarter] 21/6/2007 14:55

the seller does not seem to want single digits, i have tried

[nickcduk] 21/6/2007 14:51

I took 25k and it didn't seem to budge them so there might be a little more to go. I reckon they could do at least 2p in earnings this year. That would put them on a p/e of about 5.5 at the moment. They raised a million a few months back as well which beefs up the balance sheet. A substantial re-rating should be on the cards if results are in line.

[baggywrinkle] 21/6/2007 14:46

Agreed. Suspect that there has been minimal buying since the takeover talks were called off, so that following that the market makers have an accumulation of stock which they want to shift, rather than take on more.

[nickcduk] 21/6/2007 14:17

Im in at 11.6p. Made a few quick checks and have been told that there is no trading reason to explain the fall. I imagine there is a seller desperate to exit their position at any cost it seems. Results should be due in a few weeks and they should be accompanied by some positive developments. Would expect a re-rating back towards 20p in due course.

[baggywrinkle] 21/6/2007 14:06

think we will see a delayed trade later, as 5k wouldn't move price that much.

[latestarter] 21/6/2007 13:40

evos doing the damage all week, volume up for grabs............ 15% fall on 5k says to me someone wants out, stating the bleeding obvious i know

[mgstone] 21/6/2007 13:31

exactly how bad is this? The results weren't exactly shocking, is this now good value???

[latestarter] 21/6/2007 13:16

think someone has frightened the MM with a sell order to fill

[baggywrinkle] 20/6/2007 09:56

Agreed - but what could it be ?
Maybe profitable and cash flow positive in interim results ?

[1ocnik] 20/6/2007 08:05

This needs another "story" and quick....

Regards

H C Anderson

[1ocnik] 11/6/2007 07:36

RNS Number:0888Y
Prestbury Holdings PLC
11 June 2007


11 June 2007

Prestbury Holdings plc

("Prestbury" or the "Company")

Change of Nominated Adviser

The Directors of Prestbury are pleased to announce that John East & Partners
Limited has been appointed as Nominated Adviser and Broker to the Company with
immediate effect.

Enquiries:

Prestbury Holdings plc

Lee Birkett, Chief Executive Tel [phone]

John East & Partners Limited

David Worlidge Tel [phone]

[wormcatcher] 31/5/2007 15:22

People who bought in on the last offering must be really pleased.

[tinpotdik] 29/5/2007 19:24

Where do we go from here? Any views ...
I havent been following the sector for some time - thanks

[mrsasal490] 14/5/2007 17:16

Broker to broker trade i believe, so no actual "real ownership", maybe they feel there is some milage in this, problem is just cant sell in size for a decent return, If any offer ever came about I tnink all the long termers here would bail as we cant get our holdings out at a "nice price".

[1ocnik] 14/5/2007 12:51

Someone still has Faith....;-)

[baggywrinkle] 10/5/2007 15:08

Has anyone else seen recent brokers forecasts ?
I have come across a couple which I am having difficulty accepting without adjustment:
A: Year to 31 Oct07: Revenue 13.4M is said to give EPS 3.3p, but my calcs point to something nearer 2.5p. 2.5p implies current year PE of 7.

B: Year to 31 Oct08: Revenue 18.2M, which is said to give EPS of 2.5p, but which I reckon implies EPS nearer 5p. That implies next year PE of around 4.

If these figs are anywhere near the mark, PBH is rated very lowly.

Which may explain why talks terminated (we don't know who did, nor why).

[latestarter] 10/5/2007 10:18

I am, could have done with releasing some gold

[wormcatcher] 10/5/2007 10:14

Everyone lost for words?