The Artisanal Spirits Share Discussion Threads

[trying1sbest] 16/5/2006 19:50

Allow them to continue re-investing and me accumulating cheap shares and forget dividend meantime and I'll be happy with that.

You should also remember recent share placing of 40m shares @ 2.75p for investment so I think you're whistling dixie for a dividend, mate.

The quicker all this screaming, whaling and gnashing of teath for a dividend is put in the bin, the better. The figures will eventually speak for themselves, I think

[sll] 16/5/2006 12:01

Moving on - we are now back to a 20% discount to tangible net asset value (being mainly land and buildings and buildings under construction, less attached borrowings). For a profitable business in a solid sector, that discount seems a tad overdone (yet again). Maybe with ART, its the familiar story of 'show me, don't tell me'. We already know the 2006 results will be OK, and Seymour Pierce are now forecasting a repeat performance in 2007 - so what is restraining this stock? Guess that's still more of the past issues than the future prospects. This time last year, the market noted the very solid 2005 results and then promptly started fretting about 2006. Very soon, will it will be more of the same, with the numbers simply rolled on by one digit? Or will a mini-dividend re-introduction (hard to resist on some key measures) cause the long-awaited re-rating?

[vaneric] 09/5/2006 11:45

I wonder if that's yesterdays cold caller having a bit of success. V.

[daz1966] 09/5/2006 11:17

Another tick up if we reach 800,000 buys. Call me mistic Daz

[vaneric] 09/5/2006 09:36

Had some broker cold calling on the phone yesterday trying to sell me some of these. V.
Ps. I've already got enough.

[steeleye] 09/5/2006 08:18

somebody pinch me?

[torabora] 08/5/2006 08:56

Look at news out fri [after market closed ] on NTA, London house builder in a boom!!

[sll] 08/5/2006 08:45

At a mid price of 4p, I make it that ART stands at a discount to TNAV of some 18% today - that is after the recent share issue and factoring in the TNAV created by the estimated 2006 results. Is 18% a reasonable discount to TNAV for such a business? I would guess not, which may be why there has been recent director buying at around this pricing. steve

[alf godson] 04/5/2006 12:31

Picasso portrait fetches $95.2m
A Picasso portrait of his lover Dora Maar has been sold for $95.2m (£51.8m), the second highest amount ever paid for a painting at auction.
The 1941 masterpiece Dora Maar With Cat was sold to an anonymous buyer at Sotheby's in New York on Wednesday.

Sotheby's said Dora's "sculptural presence" and the "gorgeous palate of colours" made it worth so much.

Its value ranked it behind another Picasso piece, Boy with a Pipe, which fetched a record $104m (£57m) in 2004.

Sotheby's co-chair of Impressionist and modern art David Norman said he was "surprised, thrilled and grateful" at the sale's result.

"Besides just being Dora - who was one of his most famed lovers and subjects of his work - it's really just the presence and the execution of the picture that makes it so valuable," he said.


MOST EXPENSIVE PAINTINGS
1. Boy with a Pipe, Pablo Picasso, $104m
2. Dora Maar with Cat, Pablo Picasso, $95.2m
3. Portrait with Dr Gachet, Vincent van Gogh, $82.5m
4. Au Moulin de la Galette, Pierre Auguste Renoir, $78m

Dora Maar, who was also an artist, is said to have helped with the execution of Picasso's Guernica, his masterpiece depicting the horror of the Spanish Civil War.

The couple's relationship lasted a decade in the 1930s and '40s.

Her influence on the artist is thought to have resulted in the most daring portraits of his career.

Other auction highlights included a new record for a Matisse work, which sold for $18.5m (£10m).

Several other Picassos were also sold, including Harlequin with Baton, fetching $10m (£5.5m).

"The energy in the room was incredible," auctioneer Tobias Meyer said.

"There's just a very clear, strong demand for the kind of intense painting with an emotional pull that the Picasso represents - things that are made for our times."

Story from BBC NEWS:


Published: 2006/05/04 09:10:09 GMT

© BBC MMVI

[daz1966] 04/5/2006 11:24

EVERY LITTLE HELPS !

House prices show sharp increase

House prices rose by 2.0% in April and by 4.4% in the first four months of 2006, the Halifax bank has said.
April's price rise was considerably up on March's figure of 0.9%.

Halifax expects prices to rise further over the summer but then level off later in the year due to a "softening" of the labour market.

Meanwhile, the Bank of England (BOE) revealed that mortgage lending jumped by the biggest amount in two and a half years during March.

Mortgage lending rose by £9.3bn compared with a forecast of £8.6bn. Loans agreed for house purchase rose to 116,000 in March from 114,000 in February.

We expect the recent softening in the labour market and the continuing high level of house prices in relation to earnings to curb demand

Martin Ellis, Halifax

The strong showing by the UK housing market took many economists by surprise, particularly as the most recent data from the Nationwide had indicated that house price inflation was slowing.

Howard Archer, chief economist at Global Insight, described the results of the Halifax survey as a "real shock that will heighten concern that prices are gaining excessive upward momentum."

[maxk] 03/5/2006 11:30

A snip at $40mill.

[canford cliffs] 02/5/2006 12:20

Artisan (UK) PLC
02 May 2006



2 May 2006

Artisan (UK) plc

Director's Shareholdings


The Company was informed on 2 May 2006 that John Jones, a Director of Artisan
(UK) plc, purchased on 27 April 2006 a total of 120,000 shares at 4.0p per
share. Of this total 60,000 were bought in the joint names of John Jones and
Hayley Jones, John Jones' daughter, and also 60,000 in the joint names of John
Jones and Michael Jones who is John Jones' son. John Jones is now beneficially
interested in 220,000 ordinary shares, representing 0.07% of the Company's
issued share capital.

Artisan (UK) plc: 01480 436666
Chris Musselle Chief Executive [e-mail]
www.artisan-plc.co.uk

Seymour Pierce Nominated advisers 020 7107 8000
Sarah Wharry

Bankside Consultants Financial PR advisers 020 7367 8888 /
Simon Rothschild 07703 167065

[torabora] 27/4/2006 10:58

You might like to look at two very under valued property shares, NTA, and COM.

[blueblood] 27/4/2006 10:46

Bits and bobs of buying going on but at least its more positive that the constant drip selling of last 6 months. C'mon art lets get to 5p please!!!

[mistertibbs] 24/4/2006 10:06

Well you can ignore all the previous as i see now it was SSL. Late breakfast you see doesn't help the old eyesight

[mistertibbs] 24/4/2006 10:03

Could anyone enlighten me who started this thread with the undervalued artisan headline as it's un-named. As most folks already know, I agree with the above statement but would like to know who started it all.

[mistertibbs] 24/4/2006 10:02

Could anyone enlighten me who started this thread with the undervalued artisan headline as it's un-named. As most folks already know, I agree with the above atatement totlly but would like to know who started it all.

[mach10] 21/4/2006 18:02

I hope so Daz. It is at a tipping point and could go either way! Seems like it is hitting resistance at 4p so to breach it again would be good.

[daz1966] 21/4/2006 11:13

afew more buys, should tick up to 4 to sell ?

[mistertibbs] 20/4/2006 05:24

hosede...thank you for refering back to an earlier message I've left and totally agree with everything you are saying. That's why I am so damn positive on this in a very small way, if you know what I mean. I'm only hoovering up £250 per month in this stock which I hope to increase soon as previously mentioned. I'm not a big player, definately not attempting to ramp up this share in any way and I try to be as honest about what I do. There are thousands of stocks available to all of us out there with far better prospects than art. For some odd reason, I like to look at bad news bears, so to speak and consider if it's going to turn around eventually. I just feel art has got what I'm looking for.
Art currently represents about 0.4% of my total shareholdings in the market and hope eventually to raise this to about 2%. As previously stated, I buy this through hbos sharebuilder so if you next see a buy going through equivalent to £250, it could be old tibbs.
Virgil couldn't sleep so here I am at an odd time posting you a happy and successful investing whenever you decide to leave the good ship art.

[hosede] 18/4/2006 16:44

I'm afraid your problem Mr.T is that you are as you admit a new shareholder - you don't know the history and you haven't suffered (for years) like many of us here. The city doesn't easily forget and it will take a long time for ART to shake off its shameful past that's why its been trading well below TNAV for so long. But all being well it will happen - Eventually!

[gjabrj] 18/4/2006 13:21

I wonder if Mr T is hoovering up the surplus again?

[mistertibbs] 18/4/2006 13:16

As far as i'm concerned thats just dinky doo as I'm accumulating on a monthly basis so the average cost will stay below what I believe it should be. Then again, what do I know.

[hosede] 18/4/2006 09:10

Back down a tick this morning. As I've said before "progress will be slow". Even assuming the news continues to be good there are thousands of small investors just wanting to get their money back and this creates resistance at every level