White Young Share Discussion Threads

[overeager] 16/4/2009 12:54

Resolution of funding issues is the key - and good progress appears to have been made so far

[ceckyspunt] 16/4/2009 12:54

ok, so no takeover, but nobody even suggested that!

as for ikmproved cash management, thats got to be good!

and for reduced headcount, also positive!

so good news all round really...

[topinfo] 16/4/2009 12:53

Put your profits into Jarvis or BXTN

[velvetide] 16/4/2009 12:53

why include "entire" ?

[topinfo] 16/4/2009 12:53

oooouccchhhhh

[overeager] 16/4/2009 12:51

I take that as a positive RNS

[ceckyspunt] 16/4/2009 12:51

tdw, bid 19.5p offer 16p...??

[topinfo] 16/4/2009 12:50

RNS Number : 6866Q
White Young Green PLC
16 April 2009

?


White Young Green plc ("White Young Green" or the "Company")
Statement re share price movement


The Board of White Young Green notes the recent movement in the Company's share
price and confirms that it is not in discussions with any party regarding a
potential offer for the entire issued share capital of the Company.


The Board remains focused on reaching a successful conclusion to negotiations
with White Young Green's lenders and delivering its new strategy as set out in
the Company's interim results. In this regard, the Board has made good progress
in achieving substantial cost and headcount reductions, as well as improved cash
management.


Enquiries:


Buchanan Communications 020 7466 5000
Tim Anderson

[ceckyspunt] 16/4/2009 12:49

some extreme movements here today!

[whiterussians] 16/4/2009 12:44

MWB - here's what you get for 24m pounds at 31p - hoping this does a WHY!!


- control of Liberty store in Oxford Street. I really like Arts and Craft stuff and designer clothes
- two dozen Mal Maison Hotels
- control of MBE which is listed on AIM and owns a load of very profitable Regus type serviced offices and has #14m of cash in it

Can imagine some rich middle eastern jonny wanting to cop a load of that. A breakup was mooted last year.US investment fund Oaktree Asset Management tried to buy Liberty for £80m two years ago.


I think the Net assets are over 200p compared to a share price of 31p. Im researching that now. But looks remarkably cheap. As CR would say, its a maximus hornicus chart too!!

[arab3] 16/4/2009 12:40

surprise surprise
why the name change, spammed enough threads today in your old guise?

[captain kurt] 16/4/2009 12:37

Run your winners :-)

[parvez] 16/4/2009 12:29

what is AT trades? UT & O trades?

[davidlloyd] 16/4/2009 12:19

Too many AT trades for just day traders panic buying IMO.

DL

[sleveen] 16/4/2009 12:18

More like panick buying from day traders.

Must admit I bought at 14p sold at 19.5p in half an hour:-)

[parvez] 16/4/2009 12:13

or is it traders are closing out their short positions in anticipation of something coming through? How would one find out what the short position is in this stock?

[ceckyspunt] 16/4/2009 12:11

..or a daft £500!!

[overeager] 16/4/2009 12:00

Suspect this down to someone getting wind of a solution to the funding issue. It's dirt cheap if so. One for the brave or those in the know IMHO

[dixi] 16/4/2009 11:57

Presumably the worries about WHY needing to raise circa 30-40m have gone out of the window today?

Well this is the busiest this thread has ever been over the years!!

Not holding - I made my money from £1 to £5 a while back, but this really is bombed out now!

[ceckyspunt] 16/4/2009 11:52

in auction?

[parvez] 16/4/2009 11:51

rise has started again and think you guys will regret having sold them however I guess profit is a profit..