Styles & Wood Share Discussion Threads

[gleach23] 31/5/2017 06:28

Reassuring update this morning. I hadn't been expecting an AGM statement so that's a bonus :)

[lefrene] 30/5/2017 10:14

Where did you see that AV? Who did they get the warrants from? Presumably the seller of the warrants is equally confident that they won't have to deliver.

[albanyvillas] 30/5/2017 08:03

Climbing up.
Wont be surprised if BGF buy more

[albanyvillas] 27/5/2017 04:50

I see BGF has acquired 300k warrants at strike price of 9.37. Confident...

[lefrene] 26/5/2017 23:30

The blokes was supposed to be worth £400 million, so I would think bigger pies than his STY holding to liquidate if they convict him of anything. Today might just be squaring of any short positions? The float being so small that it doesn't take much to move it either way. But the overall recent drop does seem too large just to compensate for the explained miss on the turnover and profit.

[middlesboroughfc] 26/5/2017 18:36

Chart in a nice up-trend.

[middlesboroughfc] 26/5/2017 14:41

Rocketing up

[rhomboid] 26/5/2017 12:17

You're quite right I was probably jumping the gun, but if he's guilty of 21m of VAT fraud then asset seizure up to that value is a minimum

[smallcapinvestor1] 26/5/2017 10:58

There is no indication that his shares have been confiscated anywhere that I can see so this is all pure guesswork. The article says cash from his home was seized. How have you inferred from that that his shares have been seized??. If they are seized they would not be sold unless he was convicted but I have never heard of this happening.

[lefrene] 26/5/2017 09:07

Now there's a thought rhomboid, quite ironic if that was also the game plan of the naughty man! But in the meantime the price is 25% off, and only silent insiders will know why.

[rhomboid] 26/5/2017 08:58

Hi lefrene
Their first call would be to the company broker I'd hope, who should have a handle on likely institutional investors, but such a large slush however it's handled is a challenge. The stake would make a great platform for a bid if anyone was so minded though🙂

[lefrene] 26/5/2017 08:46

Surely if POCA had a large holding to dispose of then they would be sold in a block to an institution? They wouldn't be dripped into the market.

[gleach23] 25/5/2017 14:21

Thanks for the info...that might help exaggerate some drift between updates ;)

[rhomboid] 25/5/2017 13:41

Sorry posted in haste, POCA proceeds of crime act , and the agency that flogs off confiscated assets which I guess will include Styles & wood shareholding

[plutonian] 25/5/2017 13:40

According to the last annual report Mr Paul Anthony Bell owns 2,178,533 shares (25.07%).

This is the latest on the story...

[rhomboid] 25/5/2017 13:11

Sorry yes Paul Ellis is my old bank manager..

[smallcapinvestor1] 25/5/2017 12:53

You mean Paul bell?If that happened it would be wonderful news.

[rhomboid] 25/5/2017 12:42

Is there Paul Eliss's sequestered rumoured 30% stake being unloaded by POCA? If so that's a lot of shares to find homes before a rerating?

[smallcapinvestor1] 25/5/2017 12:21

The drop in revenue according to the company is a positive side effect of the company moving up the value chain and going after higher margin work. Overall Revenue now is a red herring.I think today's volume is very healthy a lot of weak holders are being shaken out. Clever investors are adding.I fully expect the shares to double over the medium term.

[martinc] 25/5/2017 12:05

The drop in revenue is going to put a lot of people off I think. You have to trust that won't continue. I'll stick with it for now. I thikn the possible upside is much bigger than the downside.

[gleach23] 25/5/2017 11:59

I agree lefrene, it can be troubling to not be on the inside but that goes for all shares. It can doubly so if you have to rely on just 2 sets of results and a trading update per year, which is what we've had in the last year. However I also think the resulting drift that occurs in such situations can present decent opportunities, especially so with STY because of the exaggerated price movement you mention. It was only last Sept that we had a few trades over £5 and a near on 40% drop since then seems unwarranted to me. I took some today and will take more if it drops further but I will try not to rush it as there certainly seem to be a few sellers about.

[lefrene] 25/5/2017 11:01

gleach23, the trouble is that unless you are inside a business you have little idea of what is really happening. The small share float exaggerates price movement, thus without some reassuring news, those who got in above 250p are likely to be heading for the exit. They might be right to do so? I hope given his interesting past that the CEO no longer over promises, and that the year pans out as projected, in which case this is very cheap. On the other hand that small blip seems to have frightened the horses, but no one holding the reigns seems concerned enough to reassure the paying passengers.

[shanksaj] 25/5/2017 08:08

Bought some more, though still think it could fall to 310p.

[smallcapinvestor1] 25/5/2017 08:03

I think it finishes blue today. Great buying opportunity. Don't see any bad news anywhere for them right now. Remember eps 55p this year.