The Artisanal Spirits Share Discussion Threads

[shawzie] 30/6/2008 10:34

At half-year end ART shareholder funds stood at £20.9M.
Even if trading losses for the full year amounted to less than £2M and land bank/investment property assets were written down by about 25%, ART could still be a good investment at current market price.

[whyoy] 27/6/2008 19:59

Buying new Art stock is gambling, buying more Art stock means you have a gambling mind....if thats you, stop, and have a word with yourself.

[nicedude1976] 26/6/2008 13:38

Nothing more silly than "averaging down". OK, perhaps some of the New Labour's laws are more silly but thats another matter.
If you havent got anything you may try to buy now, but if you have already lost lots, why increase the risk ???

[stud-muffin] 23/6/2008 15:29

My sympathies to any holders, this is looking bad.

I (unusually for once) sold last year £21k worth after it broke into a very small profit.

I needed to sell and although I could foresee harder times for builders even then I reckoned I would have been better to have held.

Wrong. Question is how many folk are averaging down because this price must be an all time low?

Does the company have a future cos if they have they have said zilch to investors.

Thoughts anyone?

[shawzie] 13/6/2008 14:44

Over the past twelve months Barratt share price has FALLEN by more than 90% and Taylor Wimpey by more than 80%. In comparison ART has fallen about 75%.
Perhaps, if cash is made available by RBS, now is a good time for ART to start
looking again at purchasing appropriate assets to enlarge the company.
A merger or takeover could be paid partly or in whole by shares, thus conserving cash.

[bsg] 13/6/2008 11:48

Trouble is they're all bouncing, where this is still sinking !

[shawzie] 13/6/2008 09:33

Fall in ART share price in line with sector - no worse than Taylor Wimpey or Barratt.

[whyoy] 12/6/2008 22:28

Jim, he certainly does not have the support of the marketiers. Why would he want his company displayed as a dead duck for all to see? Surely, its the damage limitation and self preservation phase. Lets see what happens around this 2003 low level....me thinks about now, the boss will be getting phone calls from those 'friends' who invested back then!

[jim22] 11/6/2008 20:29

Gizzamodo, if the chairman has the money, which he proberably has, would he want to take it private?.

[gjabrj] 11/6/2008 12:00

Worst investment I ever made back in 2001 I think it was.

[whyoy] 11/6/2008 11:57

Would make sense Gizz......what else is left? Just a matter of time IMO. Surprised theres been no announcments, unless there has??

[gizzimodo] 11/6/2008 11:43

If ever the time was right to take this private this is it. Surely the chairman could raise the money given he holds close to 30% anyway. Any thoughts ?

[mad jack mcmad] 03/6/2008 12:28

Just discovered this thread - interesting, thanks.

I've bought six oils by this guy over the past few years - to see the prices creeping inexorably upwards, see what you think:

[sven2006] 03/6/2008 12:22

oh yes and Simeon Stafford which I ranted on about, his 8 x 10 pieces were selling for 500-600 are now 750-1100 !

aLL DAMN FINE WORK.

[sven2006] 03/6/2008 12:21

1 Year after Bryan Pearce died his paintings have all of a sudden started to go through the roof, estimates at a recent auction for two paintings were 8k and 12k respectively, they fetched 28K and 38K !

Now Joan Gillchrest passed away in January, her work is slowly drying up, wonder which way thats going to go ?

sVendy

A new name to be taken seriously is a guy called Andrew Giddens, work collected by Sir Tim Rice none the less.

[sven2006] 03/6/2008 12:19

and another chance to gain some decent pieces is at the Camridgshire Art Fair at Linton.

[cardigan bay] 31/5/2008 23:06

Cool investment is ART.

[sbs] 17/5/2008 10:40

Video is sort of Art. Though technically is about shares.

[little minx] 16/5/2008 10:08

Some cool stuff at Bristol AAF.

[sven2006] 13/5/2008 08:24

Affordable Art Fair Bristol this weekend guys........

see you all there

[sven2006] 13/5/2008 08:24

Affordable Art Fair Bristol this weekend guys........

see you all there

[benw99] 06/5/2008 08:08

heheh forgot i did this thread...glad i bought all the art i did when starting it ;)

[sven2006] 25/4/2008 10:04

interesting stuff Kangeroo, quite like it.

sVendo

[kangaroo joe] 24/4/2008 20:44

Michael Ajerman - graduate of Slade - nice representational watercolours amoungst other stuff. Google him - he is worth following in my view.

[sven2006] 15/4/2008 16:29

Simeon Stafford has two paintings in N Ireland Auction 10,000 Euros one of them, hes taking off for sure.


sVendy