Wynnstay Share Discussion Threads

[gelp] 26/9/2005 09:05

How many pref shares and what is convertible price? Why do the deal if they do not see ultimate rise in shareprice for all.
I also have been holder/fan for some time, similar co to NWF, and although also at small loss have bought again today at 215 (without the above information to hand). The company does not have a record of overpaying, and on the contrary has generally got a sound record. I see nothing untoward in the recent statements. At any price below present levels surely would be very attractive to predator like NWF.

[mw8156] 25/9/2005 15:06

marvel I have a small number of shares showing a loss at the moment;
The problem was that they took over Eifionydd using preference shares convertible at a price well below the present price which will dilute the shareholders which explains the difference in fully diluted earnings per share from the other figure.

[marvelman] 25/9/2005 14:58

mw

Is this the 3 million shown as goodwill or could it be more?
Do you have an interest in this company or any knowledge which might help?

Sorry to bombard you but there doesnt seem to be a lot of input from anywhere else at the mo.

regards

[mw8156] 25/9/2005 13:35

Think they paid too much for Eifionydd which will require the issue of a large tranche of shares in due course depressing the price.

[gateside] 22/9/2005 14:28

Very tight spread for WYN... usually a good sign its getting ready to move.

[marvelman] 22/9/2005 14:13

Full offer price being paid now,lift off soon??

[gateside] 22/9/2005 09:09

I wish I did!

[marvelman] 22/9/2005 09:03

Have a feeling that the MM's are trying to suck traders in with the small spread in order to get these 150,000 Hunters shares away.Anyone got a spare £300,000 ?

[marvelman] 21/9/2005 16:51

Looks like I was right.Hunter Hall had 253,804 shares left,2.9% of the company and now below a notifiable size.The last trade of 128,804 was obviously part of that holding leaving exactly 125,000 more they will probably get rid of.This is what has been killing the price.This has made these an absolute bargain.Rarely in my experience does a share go below NAV and stay there for long especialy with a balance sheet such as this.Unless Hunter Hall has inside knowledge of a disaster (unlikely),they have created a coiled spring the moment they have finished their fire sale.

Regards to all watchers

[marvelman] 21/9/2005 15:53

All the trades today have been buys @ 2.11 and upwards.

[wiganer] 21/9/2005 14:15

Not holding, but watching, and listening also :-)

[gateside] 21/9/2005 13:53

marvelman... I'm listening!!

Yes looks like we might have seen the bottom here, unless there are any more big sell orders we don't know about.

[marvelman] 21/9/2005 13:37

That 9k was obviously a purchase so somebody has some confidence.

P.S.No more talking to myself.

[marvelman] 21/9/2005 11:28

Well the offer has gradually moved up from the 210.5 low to 2.15 which I paid for my last 500 tranche.

Have we seen the bottom?.

[marvelman] 19/9/2005 13:23

Yes Gateside,my own take is that the same seller is still selling.
Must be desperate to take 201p.Opening up some peoples stop losses too and helping the slide along.Agree fundementals of this company cannot warrant too much more downside.

Regards

[gateside] 19/9/2005 12:55

marvelman...

When the price was around 230p there were some BIG transactions, which went through at 201p. See the RNS from last week.

So would expect this not to fall any lower than the £2 mark.

[marvelman] 19/9/2005 11:23

Does anybody have any knowledge or know of any reason why the share price in this company is in nose dive.Now well below NAV.

[marvelman] 16/9/2005 08:47

Gateside

You are right.My 2k purchase just came through as a sell @ 2.22.These are trading below NAV as I am sure you have spotted.

[gateside] 15/9/2005 10:17

Any trades that go through at 222p at present are BUYS, although they are showing up as sells.

[gateside] 14/9/2005 10:28

Wynnstay Group PLC
14 September 2005

The Company announces that it has been informed that on 13 September 2005,
Thomas William George Charlton purchased 150,000 ordinary shares of 25p each of
the Company ('Ordinary Shares'). The resultant shareholding of 369,936 Ordinary
Shares represents approximately 4.23 per cent, of the issued ordinary share
capital of the Company.


On the same date, Hunter Hall Investment Management Limited sold 250,000
Ordinary Shares reducing their shareholding in the Company to 253,804 Ordinary
Shares, representing approximately 2.9 per cent, of the issued ordinary share
capital of the Company.

[linhur] 13/9/2005 22:47

Big sales today! 350,000 @ 200/201p.

Problems on the wheat or feed side or a large shareholder getting out in an illiquid market?

May be a chance to pick some up sub 200p.

Regards
Linhur

[growthhunter] 01/7/2005 07:35

mr fugazy...i don't think it works like that, its a seasonal business

[mr fugazy] 30/6/2005 19:30

Am I missing something here?

The turnover for the year ended 31st October 04 was £103.4m
The turnover for the 6 months to April 05 was £55m

PBT for year ended 31st October 31st Oct 04 was £2.6m
PBT for 6 months to April 05 was £1.99m

Surely if a similar performance is achieved in the second half of the year we can expect:
2005 2004

Sales £110m £103.4m

PBT £3.98m £2.6m

Is there something obvious i'm missing?

[diogenesj] 30/6/2005 15:54

Good luck, G and other holders. See you on another board.