Thames Water 26 Discussion Threads

[kevster] 05/5/2004 14:56

Yeah, looks a little dodgy after those results.

On the plus side, they seem to have the technical expertise in place, and a market to sell into. However, that loss is pretty substantial. They may well be able to turn it around, recent contracts and some news forthcoming may see it through,

This is a stock for the brave, or foolish,

Kev

I'll continue to hold.

[nissi beach] 05/5/2004 14:47

i agree with picture frame i am waiting for it to fall a bit further before i buy again

[pictureframe] 05/5/2004 13:25

Careful with this guys, a few sells and it tanks, dont get stuck with your shares unless you can hold long term. See a few sellers coming through now and it wouldnt suprise me to see it tank further by close.

[dusseldorf] 05/5/2004 13:11

I have been watching for a few days, and will continue to watch for some time yet.. further funding will be required IMO.

[pictureframe] 05/5/2004 12:31

Hi Nissi,

Scared off by the cash burn and the "admin costs" which semm very very excessive.

Until I see £££ coming in I will wait. Been burned too many times in the past.

Good luck with this though , fortune favours the brave and all that !

[nissi beach] 05/5/2004 12:17

picture frame

why not drip money in i had wanted some more but have held off.
I have put in 50% so far waiting on further news

[pictureframe] 05/5/2004 12:12

Well looks like I guessed right re heavy cash burn and dilution.

Could be worth a punt but I will wait until I see user numbers start to come through the contracts before im in

[malkie] 05/5/2004 08:53

well it was only a matter of time till i joined the brave band of investors here. 5 days precisely!!
Put a toe in the water this morning on the placing announcement. My view is that they will move up from here.
Binexx is getting a lot of exposure - Now the serious research starts!!
this could be a nice little vehicle in which to build a stake......

nice to see some familiar faces here as well!(YOO know who YOO are!!)

malc

[stacks] 05/5/2004 08:44

200k is a sizeable commitment to a sinking ship!
This has to be a buying opportunity before price runs away.
As has been said, we know where we are at now. Savings put in place and adoption of p2p betting being driven globally after proven success with ethos take up in the UK

[paulkent] 05/5/2004 08:41

..and im gonna still keep watching coz i like to find out whether my gut reactions are good or bad (usually the latter!) plus there might be chances to buy in again in future on the back of any positive statments...i still love the sector as a whole..am also in sbt and bought gmc last yr which is doing well today..

[paulkent] 05/5/2004 08:39

good point nissi...i jsut took an instant decision when i saw the cashflow!!..good luck with it

[nissi beach] 05/5/2004 08:33

if the mm did get wind of this 2 months ago they have already adjusted the price down to reflect the cash flow risk.

there are statements about new contracts which should encourage new buyers at these low levels At least the risk is know out in the open and people can make there own mind up

[paulkent] 05/5/2004 08:09

well quite disappointing...have to confess ive jumped ship at 21p, took a small profit, do NOT like that the costs per month were about £140k rather than the £70k...net cash at yr end plus whats raised will only last till august by my reckoning unless some hefty cost cuts are made (how much will closing putney save for instance?) or some decent revenue starts flowing..
it may still do well eventually but this year seems like a make or break now...not sure how many people wil be brave enough to buy so cant see price going anywhere..(this of course will be a prelude to some huge buys going through seeing the price jump to 40p by tomorrow!!)

[rbonnier] 05/5/2004 08:05

Yep definately bust by chrimbo but alarmingly how did the mms get wind of this 2 months ago?

[shirishg] 04/5/2004 20:52

Post removed by ADVFN

[paulkent] 04/5/2004 20:50

good sign that it can handle a trade that size without any major impact i think?

[nissi beach] 04/5/2004 16:55

i put in a buy order this morning so maybe with this sell i will get my stock

[kevster] 04/5/2004 16:37

Nice sell of 100,000 at 16.30

[jimibt] 04/5/2004 10:20

whay the big gapup between 22 and 25p?? (just looking at the top candlestick). am a wee bit tempted here myself as it does look like 'bounce' conditions are on. tried to get £5k there and automatic order failed. will watch for the next few days...

[nissi beach] 04/5/2004 10:14

no my order failed due to the 20K buy

[paulkent] 04/5/2004 10:12

presume that 20000 was you nissi?..nice one!!

[nissi beach] 04/5/2004 09:40

i am in for a few more

[stacks] 04/5/2004 09:14

Quiet so far today.
When are we expecting finals? Must be any day now.

[kevster] 01/5/2004 14:46

I note that Evolution Beeson Gregory have very recently downgraded TES from a strong buy, to a moderate buy. Seeing as they strongly suggested people to buy in the past few months as the TES chart has been looking like something you might absail. Then as it hits (maybe the bottom) they downgrade slightly, if it were now to go up a bit then it would look like their advice has been a bit poor, to say the least.

Where are those people that oversubscribed the share by £1 million? This stock seems to be pretty illiquid and some buying and a little bit of positive news from the results. i.e they haven't got through £2m in six months, then it could get interesting,

Regards,

Kev