Western & Oriental Share Discussion Threads

[ihavenoclue] 16/2/2011 09:56

Knowing ... me ? I said already on post 351

[hectorp] 16/2/2011 09:26

Giving away a Travel Biz to Kumar for 200K and cancellation of a lona of 800K when it has nearly £4M of orders is a very bad move.
AS they say 'I'm out'.

[h d shoring] 15/2/2011 09:05

Selftrade offering at .73p online to buy .

[knowing] 15/2/2011 08:58

What price are you being offered?

[ihavenoclue] 15/2/2011 08:56

Oh obviously Barclays only deals with the expensive MM on this share LOL

[value viper] 15/2/2011 08:43

nice hd. i was about to mention the 2 big sells that printed last night as maybe a seller just being cleared out ? Hence the pop higher on the share price.
As to who has dumped them, dont think I want to know really ?!
At least they are (slightly) better bid in the market.
Need an update I guess.

[h d shoring] 15/2/2011 08:29

Wonder if the 2m and 5m sells are lumps from Raj Kumar getting rid of his 28.5m .
The point is someone is taking them and I can still sell 75k at .7p on line .

[knowing] 14/2/2011 22:27

QANTAS what are you saying?

Completion of the Proposed Transaction will allow the Company to focus its resources on the development and growth of its profitable Events Business. Western & Oriental's Events Business reported a profit from continuing operations of approximately GBP700,000 on revenues of GBP13.8m for the year ended 30 September 2010 (GBP1.98m profits on revenues of GBP21.37m for the year ended 30 September 2009).

[h d shoring] 14/2/2011 19:40

Please dont get me wrong and be guided by anything I have written.
I am not saying this share is a racing cert and people should not put in money they cannot afford to loose .
I am saying that it appears to me on the facts available something doesnt stack up .
The share price appears way too low but often there is a hidden reason for that ,that pi,s are not privy to ..
The share is currently strictly for people not averse to a gamble.
If it does start to move north however it will move quickly as shown earlier today .

[h d shoring] 14/2/2011 19:18

Are you saying the figures are wrong .?
If I read it correctly they are selling the grossly non profitable bit and keeping the good bit ?????.
O C are just going to write off the £1.5m recently invested are they .????

[qantas] 14/2/2011 17:40

It's all in the RNS I am not a holder or shorter just trying to help.
Nothing is left just read between the lines.
The parts that generate money are going.
Any way enough said I hate losing money and it's tempting for people at these levels risk to reward.
Will not say any more don't want to upset anyone.
Another thing to ask yourself why are they selling a profitable business.
The shares price says it all good luck to all that sale in her.

[value viper] 14/2/2011 16:52

how is a business with a 700k profit last year on 14 million in revs and now net cash, nothing left ? a business which the year prior did nearly 2 million in profit on 20 million in revs ? high high risk but on the facts as presented capped at under 3 million something to have a go for in my view.
unless the bubbles mess it up good and proper which considering their investment, i would like to think they will try not to.

qantas please can u validate your view ?

[qantas] 14/2/2011 16:38

point is zero value nothing left.

[knowing] 14/2/2011 16:26

No 0.74 now

[knowing] 14/2/2011 16:21

0.74 to buy with Selftrade

[value viper] 14/2/2011 16:18

better bid now fwiw and less it seems on offer at .85p ?

[h d shoring] 14/2/2011 16:18

Was not at .69p for long

[h d shoring] 14/2/2011 16:09

Bought a few more with a few spare quid .
Any more brave souls at .69p

[knowing] 14/2/2011 15:59

I can get 0.69

[ihavenoclue] 14/2/2011 15:52

mishmash ... I did a dummy buy and even a small amount is 0.85p to buy ... so the MM's making it look worse than it is IMHO

[mishmash81] 14/2/2011 15:29

ihavenoclue - reasonable point to be fair. I've done my research - and I think that if the Events business has begun to recover in 2011 on a standalone basis and including the money coming in for the travel biz would still look cheap at 3p a share. But this is based on public information available to me and everyone else. MAybe it is down on info that is not public, in which case i will be out of the money big style! but I have to go with my own judgement on the fundamentals as they stand. It will be beneficial if and when all this noise is out the way I reckon, but I understand anyone staying clear for now...

[ihavenoclue] 14/2/2011 14:58

Hmmmmm no comment on the drop then ? If these were supposedly cheap at 1.2p and 0.9p what are they are 0.5p ?

[h d shoring] 14/2/2011 12:22

Based on what reason ?

[qantas] 14/2/2011 11:13

Think if you hold these shares best to take whatever price you may get now.