Thames Water 26 Discussion Threads

[dusseldorf] 12/8/2004 14:40

The ONLY reason this is rising is that several people are all trying to catch it as it falls...and the MM's haven't received their new stock yet from impending placement at 15p

LOL - at current price level (and with £4m placing at 15p), the company would be worth £12m....thats £12,000,000 for a failed company with an annual turnover of less than £250,000.....my friends company turns that in about 3 weeks!

[dusseldorf] 12/8/2004 14:38

My level 10 screen says all current buyers will be shafted once the placing has been agreed at NOT HIGHER THAN 15p....possibly 10p for example.

[naturesworstmistake] 12/8/2004 13:21

ophthalmist? level 6?!!! what the in god's name is that?

[opthalmist] 12/8/2004 12:48

My Level 6 screen says 140p is on its way!?

[elsworth] 12/8/2004 12:43

Could be on its way back to 80p.

Level 4 looking strong.

[dusseldorf] 12/8/2004 12:18

lambs to the slaughter - IMO

[opthalmist] 12/8/2004 11:32

Looks like this is on the bounce up?

[moneypm] 12/8/2004 11:31

well I've punted few at 31p

[naturesworstmistake] 11/8/2004 14:18

my broker allows shorting of market cap over $10m.....no problems with this one

[dusseldorf] 11/8/2004 13:28

NWS - How do you short a share with market cap less than £10m..?

[naturesworstmistake] 11/8/2004 13:24

not before 20p.....after that I'm out....i only want to trade this...been short at every spike up

[malkie] 11/8/2004 12:34

NWM - sounds perfectly plausable...but more than most stocks at the moment, any news in the next few weeks will send it flying.....so dont get caught out...!!! This is another YOO in my opinion....
I got in on the recent placing, which was massively oversubscribed...and yes I was well scaled down.
Whether you like it or not Ray Ranson is the golden boy with the market right now and I predict some good newsflow when things settle down.........

If they got the Virgin business you could see a huge spike up!

Malc

[naturesworstmistake] 11/8/2004 12:14

malkie...20p price target....been short ever since the rise......

[malkie] 11/8/2004 10:34

in your opinion!

[dusseldorf] 11/8/2004 09:54

turnover in six months of less than £120,000 - even the 'investors' at 15p (who are bailing out an unviable company) are at risk of losing all their money, the business model is clearly not working...and implementing a new one is risky and unproven

[malkie] 11/8/2004 08:27

wakey wakey!!!
this is the big picture.....

Virgin considers a move into sports betting
Dominic Dudley
Richard Branson could become one of the most high-profile supporters of the controversial betting exchange model, with a decision on a Virgin-branded service expected this month.
NMA understands that Virgin Games has been holding meetings with potential partners about a move into sports betting, with several betting exchanges keen to be involved.
The potential deal highlights the way exchanges are steadily moving further into the mainstream of the betting community, despite the open hostility of many big UK bookies.
Branson's newly launched gambling arm has looked at a move into sports betting, but says a traditional sports book wouldn't fit its brand.
The firm has made no secret of its admiration of Betfair, although the UK's largest betting exchange has refused to confirm or deny any Virgin Games links.
'There are a range of options, which include exchanges,' said Virgin Games chairman Simon Burridge. He added that it was looking at a timeframe of 'a month, to make a decision.'
Meanwhile, the UK's two largest exchanges, Betfair and Betdaq, have been strengthening their links with small on-course bookmakers at racecourses across the country.
Last week Betdaq put up loan finance to let a consortium of bookmakers buy Winning Odds, one of two main technology suppliers to on-course bookmakers. The rival Betlink system already has a deal with Betfair which should let its bookmakers trade on the exchange from next month.
The deals mean on-course bookies can manage liabilities via exchanges and bring liquidity to Betdaq and Betfair.
However, Rob Hartnett of Betdaq acknowledged 'it's unlikely that Ladbrokes, William Hill or Coral, all of whom have on-course businesses, will fall over themselves to link with exchanges through either of these.'

[malkie] 11/8/2004 08:19

and your advice is?

[naturesworstmistake] 10/8/2004 23:55

been watching this since the jump up and i really hope people have followed my advice.....

[atlantic1953] 10/8/2004 19:59

Ouch am I Glad im out of this one even with a loss.If i was still holding now i would have lost 50% of my capital in a week.Get rich quick forget it.To those who traded succesfully well done!!!

[moneypm] 10/8/2004 19:25

elsworth

I was out a couple of days ago at a small loss (mostly costs). Overall I did very well out of trading TES (traded it around 5 times).

[dusseldorf] 10/8/2004 16:25

heading below 20p and most likely 15p over the next few weeks...

A word of warning to those who will try and catch the falling knife - DONT BOTHER....funding is too substantial to leave existing shareholders with any 'price influencing' power e.g. WHOG, IAL. The 'worth' of existing shares has just been reduced by 75%.

[elsworth] 09/8/2004 20:06

should have waited....you'll be buying at 13p and 15p soon......

[moneypm] 05/8/2004 09:23

just bought some at 43p and 45p.