Stenprop Share Discussion Threads

[tara7] 01/10/2009 07:52

Thats not the point, debt has gone it was like a hangover. Reading the results looks like huge deal is on the way that will reduce penta shareholding from the NEW 80% back down.

[someuwin] 01/10/2009 07:45

"The proposals include Penta converting up to GBP6.9 million of debt into equity at a price of 0.6p per ordinary share."

This means they will issue a further 1,150,000,000 shares!

There are currently 590 million shares in issue.

i.e MASSIVE dillution to come here!

[longshanks] 01/10/2009 07:35

yes - some dilution - but I can't see Penta looking to sell any shares in the mid-term so it should provide a decent level of support.

Rest of results look very good. Cash flow is fantastic considering where they were last year.

[tara7] 01/10/2009 07:30

Results out, at last the debt is to go,[the main reason this share has been held back].

[martin44] 25/9/2009 21:13

Yes it has been, I have been out all day and hoped a little more would of gone on but next week is another week and who knows, just got to be a little patient for the next few days........

[knowing] 25/9/2009 12:07

Quiet day today.

[martin44] 24/9/2009 23:12

Certainly not the time for reducing holdings but more the opposite!

[knowing] 24/9/2009 22:47

Probably why it has risen.

[ftang ftang] 24/9/2009 22:38

too quiet for too long..i am beginning to twitch with this... and have been reducing my holding over the last few days
ft ft

[martin44] 24/9/2009 21:21

Some half decent results, further good news and directors buying and this price should move up dramatically......fingers crossed for the next few days!

[knowing] 24/9/2009 16:12

longshanks let's get past 3p first. Won't take much to get this going.

[longshanks] 24/9/2009 13:07

for info: my long term (3yr) target is 30p.

They could go even higher given their market but I think they will be bought out by one of the big players once they are a £100m+ business and have done all the hard work.

As ever, though, don't take my word for it - this is a risky play. Anyone considering this share should remember the adage, never invest more than you can afford to lose.

That being said though - I do feel that the biggest risk to anyone aware of this share at this price is that they will kick themselves really hard for not having bought more.

[martin44] 24/9/2009 13:03

Thanks I thought that was the formula but couldn't quite remember.....so only way is up now!

[tara7] 24/9/2009 12:58

YES, and if STP buys again that*s the min price penta pay.

[martin44] 24/9/2009 12:55

Hi tara7 is that with respect of Penta if they go higher?

[tara7] 24/9/2009 12:54

All new shares to the 50% shareholder have to be at 1.5p or more, that alone point to 100% up from here.

[martin44] 24/9/2009 12:46

Here's hoping that longshanks your views are good!? I think you are right....

[longshanks] 24/9/2009 12:41

My target for this is 3p short-term. I think a ~£15m valuation is not too demanding given its potential to deliver staggering, leveraged returns. In the low-interest environment we are likely to see over the next three years, companies like STP that effectively turn debt into income generation with returns in excess of 20% are going to do very well.

Perhaps it is time they added something to their strapline: Acquire, Integrate, Grow. How about: Make Shareholders extremely wealthy.

[knowing] 24/9/2009 12:29

As these markets continue to pick up I would expect this to get back to the 1.5 area but with some good news maybe even higher.

[martin44] 24/9/2009 12:06

Absolutely Blue moving forward or miss out on the rise, long overdue......

[knowing] 24/9/2009 12:04

Moved again as I was typing

[knowing] 24/9/2009 12:01

Let's see how things go as can't seem to get a post in on this busy thread.

[martin44] 24/9/2009 11:59

Certainly starting to firm up and yes little stock available.....

[knowing] 24/9/2009 11:56

STP looks different today....must be the colour.

[knowing] 24/9/2009 11:51

Not letting too many go now.