Reach4entertainment Ente... Share Discussion Threads

[smart_investor] 14/5/2015 07:15

RNSHOLDINGS UPDATE - FRANCIS MACLEAN INCREASED HIS HOLDINGS

[ten bag man] 13/5/2015 15:03

This company is a people business the banks stand to take a massive hit if they bust the firm.

Plus what then.??

No: in my view look for some deal around the 2.5P mark and a doubling of the stock from that price as company is saved.

[smart_investor] 13/5/2015 13:37

Yea there has been some big block buying today.

Will the banks agree a deal? You will be able to tell in the share price before any RNS IMO

[tomboyb] 13/5/2015 13:29

We could see a technical bounce here - 50% up already

[someuwin] 13/5/2015 12:45

Excellent buying opportunity now.

make the most of it - imo.

[smart_investor] 13/5/2015 12:35

Here is an article:

[ten bag man] 13/5/2015 12:33

Read up on the boss.!!

[tomboyb] 13/5/2015 12:08

Picked up a couple 100k AT 0.70p yesterday -

The only drawback here apart from the large debt is will it stay a listed entity?

If they have big backing then it might - but that is the risk

[davydoo] 13/5/2015 12:07

sorry, I missed the confirmation that they'd gone to 0, I just scrolled on my small screen to see below 3%.

Does make me wonder if they should've already told the market though. especially before yesterdays news.

[smart_investor] 13/5/2015 12:01

Glad they are out.

No more shares drip fed to the market

Reversal in trend now?

[ten bag man] 13/5/2015 12:00

Yep they do that time and time again, the very ones who should get it right.! !!!

[davydoo] 13/5/2015 11:58

I like making money, but I REALLY like making money from (professional?)fund managers seemingly ditching at any price.

[ten bag man] 13/5/2015 11:56

Look for a strong rise now that's been bought up .!!

[ten bag man] 13/5/2015 11:55

Great news yet again others made the wrong call at the wrong price.

Could it be they wanted no part of a 2.5P placing.?

[someuwin] 13/5/2015 11:43

Webb Capital down to 0 shares.

Good news.

[davydoo] 13/5/2015 11:43

just been looking at this

hxxp://webbcapital.com/downloads/factsheets/Smaller-Companies-Growth-Fund-28-02-14.pdf

Wow that is some change in conviction, 6% of the fund, then halved, and now gone perhaps

[davydoo] 13/5/2015 11:41

I thought you were supposed to notify within 1 day.

Can we presume if the 7th is when they went below 3%, that yesterday/today is when they sold the rest?

[jon123] 13/5/2015 11:28

looks like webb is finally out thats one overhang gone

[davydoo] 13/5/2015 11:16

Would be daft for the banks to cut this off.

If I was them I'd be looking at the pay of the CEO though and wondering if the board structure is appropriate.

Big question for all, is this a £70m co e.g. turnover, or a sub £1m co, e.g. market value

[smart_investor] 13/5/2015 10:36

Agreed TBM

The banks will needs to come up with a rescue plan to help the company. There will be a team of people within the bank working on it now. The banks want to be seen now as saving companies and not killing them!!

[smart_investor] 13/5/2015 10:26

Someuwin - I would take 4p of course but 2p will do for starters.

[ten bag man] 13/5/2015 09:12

May well be a deal with the bank is only days away

Plus the company thinks a deal is on from the RNS wording.

[ten bag man] 13/5/2015 09:10

Will the bank pull the plug ?

I would say no,as it stands to lose far more than just taking a hit on part of its loan book.

The directors are in the best place to sort this out by far.

Look at the nominal share price that may well turn out to be the floor price here and at 2.5P it's way higher than today's trades.

Also not tiny market cap of around 1 million

A third point is,no billionaire wants a company he is the boss of going under as it make him look a fool in front of his mates.

All in all look for returns here from this share price in my view. That said not without risk.

[someuwin] 13/5/2015 09:08

...More like 4p+ than 2p imo.

[smart_investor] 13/5/2015 09:03

Confirmation of agreement with bank will will send it up way past 2pThe market cap is tiny and its this low on fear