Scs Upholstery Share Discussion Threads

[holmess] 10/1/2008 17:17

tanners - no problem - trust no one....................apart from me ;D

[tanners] 10/1/2008 17:10

LOL.....it was a bit tongue in cheek!

I tend to read virtually every post - helps get a good idea of what agendas people may have and who knows their onions!

And there's always the odd very informed post from someone in the know/trade......just gotta spot it (no jimmyc - not u fella!).

[cockneyrebel] 10/1/2008 17:08

holmess - read my post again - I never said I had a '10p target' on these, as indicated in your post above. I said I saw them having 'support' at 10p - a clear difference.

CR

[holmess] 10/1/2008 17:06

A MEMBER of staff

Thanks for reading though ;)

[tanners] 10/1/2008 17:02

holmess - 10 Jan'08 - 16:47 - 146 of 150


....... Listening to BB posts is a recipe for disaster.

It sure is holmess - and judging by today's action no one believed your post about the staff buying shares!

[cockneyrebel] 10/1/2008 17:01

'Support' is a line below which you believe a stock will not go. It doesn't mean you expect it to go that low, it's a 'maximum fall back position' . I think the support will be there at 10p bear minimum. It may be higher than that. Doesn't mean that if I think support is @ 10p it's going to get there.

I've had a punt of 15K on the stock bouncing before 10p. I might be right or wrong. What's the business worth? if they still have a stack of cash it's worth well north of 10p possibly. If there's a bidder for the company what's it worth?

A big infrastrcture and well known brand name valued @ £15m with sales of £100m where the Chairman just bought 500K shares @ 105p. What's that worth? If it's not stable and losing shedloads then not a lot. Stable, making a profit with a bit of cash behind it then in 2 years time it might be worth 5-10 times the current value as Freddy says.

All I know is the worst I'll lose is £4.5K if I'm wrong to have a 'punt' (and it hits my 10p support), if I'm right I might make £50K. Risk v Reward.

The 'support' level has nothing to do with it other than what the maximum I think I can lose is.

CR

[the big fella] 10/1/2008 16:57

I am not saying he is not entitled to post what he thinks - but such a rapid change of stance is similar to many of the pump and dump merchants on ADVFN. I think CR has proved over the years to be above that level.

[jimmy c] 10/1/2008 16:49

Be careful, i can't tell you a public forum. Be careful.

[cockneyrebel] 10/1/2008 16:44

Sorry, what doesn't do me any cred? I guess it's something about me if Gravey's saying it but he's filtered, I refuse to unfilter him.

CR

[kristini2] 10/1/2008 16:43

maybe CR is taking a short term trading punt to close before they drop to 10p

[cockneyrebel] 10/1/2008 16:42

Well Barn Owl, it's a complete punt. I'm sure there's value in here of 10p+ or so as the bear minimum - just a question if there's a lot more and the sell off is over done here just through shorters getting on the band waggon.

I only had 15K but it's 15K at a third of the price Frauddy got them at.

CR

[the big fella] 10/1/2008 16:42

It doesn't do his credibility much good, but it's dog eat dog on ADVFN.

[barn owl] 10/1/2008 16:34

Decided to take a high risk punt on these at, 25% off all furniture and shares!
Good luck all brave punters.

[holmess] 10/1/2008 16:29

I've bought a few down here as well.

First time ever in a furniture retailer!

[cockneyrebel] 10/1/2008 16:27

UK Freddy, I've bought some right down here on a punt that the Chairman isn't completely off his head buying 500K recently at 105p.

I'm prepared to lose the lot if I have to, or treble my money.

Complete punt on the Chairman being sane!

CR

[mister md] 10/1/2008 16:13

interesting 70k trade

[tanners] 10/1/2008 16:11

millionairefools - 10 Jan'08 - 15:47 - 133 of 134


is the company going bust, the problem is this one has £44m debts. It needs over 4m profits just to pay annual payments.

Oh dear me - a little knowledge........

[barn owl] 10/1/2008 15:58

Thanks - millionarefools, perhaps LAN or WLW might be worth a small punt in the bombed out retail arena at some point.

[millionairefools] 10/1/2008 15:47

is the company going bust, the problem is this one has £44m debts. It needs over 4m profits just to pay annual payments.

This one is in real trouble.