Wt Rene Etf Discussion Threads

[coley15] 22/9/2010 12:31

Could be tempted ;o)

[themoneymonster2] 22/9/2010 12:25

The fall from 6p to current 2p in WREN was to sharp and there will not be many sellers in there till at least 6p so worth buying WREN at 2p.

[daicaprice] 22/9/2010 12:23

Also have a look at EFD another of tara's recovery stocks.

DC

[themoneymonster2] 22/9/2010 12:21

coley15, this could be a quick 5-10 x bagger if you get in around 2p.

[coley15] 22/9/2010 12:21

Now then - what's this all about. Could be another little belter .....

[pre] 22/9/2010 11:38

another where distressed seller forced sale recently was HDD...can buy 0.35-0.37...not much left there so i expect that one to show sharp recovery too. This is doing very nicely today, well done folks:-)

[themoneymonster2] 22/9/2010 11:13

Over 1 million shares bought on plus.

[tara7] 22/9/2010 10:53

I like to try and 10 bag.

I have found if one does that, the the odd few that go bust are not a worry.

[themoneymonster2] 22/9/2010 10:51

tara, what's your target here?

[themoneymonster2] 22/9/2010 10:13

Straight back to 6p

[tara7] 22/9/2010 09:52

The drop was caused by one seller, when cleared[as could be the case now] up ??

[themoneymonster2] 22/9/2010 09:51

All 3 mm's bidding for stock : )

6p anyone?

[5teady eddie] 22/9/2010 09:50

Looks like a lot of upscale here do you not agree tara. Big drop in August, believe there could be a bouce back here!!

[tara7] 22/9/2010 09:45

Yes, [so long as it does not go bust.]

I point out it is still trading, today, and last week, and last month and last year.

[themoneymonster2] 22/9/2010 09:36

I have just bought and not showed up. tara, surely this could multi bag from here?

[tara7] 22/9/2010 09:34

Looks like we have yet another buyer here.!!

[tara7] 22/9/2010 09:25

When were you in NTA, along time ago.?

[philjeans] 20/9/2010 16:37

Tara darling - I wrote it to save others from your folly! As I stated on Sept 8th - see post 94.

I was in this years ago as WHG - see the thread I started - made a packet and sold at 70p! Glad I did - downhill ever since.

And don't forget who gave you the NTA lead - I was in long before you took my advice.

[tara7] 20/9/2010 15:25

Thankyou, no prob, just bear in mind ALL shares have risk and by reading other posts here many think its all over.!!

That said, they are still trading.!!

They also said that about NTA 2p to 130p today.!!

[envirovision] 20/9/2010 15:22

tara7, reading your post after my last one, I never meant to offend you by suggesting you were tipping this stock.

I know your better than tipping outright basket cases like this. I never meant to imply you were tipping it, please dont get confused and take offense.

[tara7] 20/9/2010 15:16

Now, why would you write that long post here, are you a shareholder.?

[philjeans] 20/9/2010 14:58

The co update has been very carefully worded.

But, behind the clever prose, I suspect;

NatWest (RBS) has this on special report to HO and is calling for monthly updates.

The borrowing has not been formally renewed - how could they with a heavily loss-making, insolvent and illiquid dormant business? - but simply renewed on a monthly temporary basis since May.

They await a cash injection to repay their debt and facilitate a return to normal trading - currently they have no sales and no working capital to build.

If it doesn't arrive, they will appoint a receiver under their debenture which will have a fixed and floating charge over all co assets.

At the moment, all that is happening is the business is selling off it's few remaining assets to cover interest; there is no cashflow available to service the loans or overdraft.

The bank lending covenants will enable NW to load the interest rate to anywhere between 5 and 10% over base; who would possibly lend at 1.5% over base to this bag of spanners! And no other lender will want to lift it out.

If the bank don't pull the plug soon, the firesale will not cover the debt; no doubt they are re-valuing their security as I write.

ALL IMHO - DYOR.

[empirestate] 16/9/2010 15:51

tara, you prob won't have had a look at PRA but would sincerely recommend it

[5uchchi] 16/9/2010 15:36

No way,I am not that rich--I am just a trainee learning about stock market functions-