The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
looks like I was correct.. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=R4E&ArticleCode=od8k49bt&ArticleHeadline=Holdings_in_Company
This share seems to trade in thousands rather than hundreds compared with other share on AIM. I agree, it would be nice to see 2p by Christmas especially now the finances have been sorted out.
SP rebounding nicely now from placing, chunky trades going though is a good sign paired with SP direction.. I can see this back over 2p by Xmas, TW targetting 3p here I believe.
Sorry Jam looking back the holding rns is for the shares he got in the P, my bad. Price holding nicely some big trades so it wouldnt surprise me if these were significant holders adding to their pot.
Sorry EB, how do you know he is buying more - what have I missed?
On the contrary Mr Nigel Wray mopping up even more on the open market... Excited for the newsflow to start landing here.
absolutely no sell off... good to see! David Stoller, Executive Chairman of the Company, commented "I am very pleased to welcome the new shareholders and thank existing shareholders for their support. With the completion of this fundraising and the re-financing of the Company's debt, r4e will immediately become a very different business. No longer overly constrained by debt, we will have the opportunity to pursue our strategies aimed not only at maintaining, but expanding upon our leading positions in marketing theatre shows in the West End and Broadway."
I think at current levels if you sell now at 1.25p youll struggle to get back in cheaper even when the placing shares hit the market due to the spread as wouldnt expect the bid to go below 1p meaning the ask will be around 1.25p (current sell price) anyway.
Why is this share not 1p , it does not make sense. A tsunami of shares will hit market in placing .
had some in the placing to go with the remaining shares that I held previously. Had sold down most of my holding prior to the placing due to what happened on GUSC and Marcus Yeoman's involvement there. My thought process being that if Yeoman was their connection with the market then a discounted placing was almost inevitable. Am surprised that the share has risen to the levels it has given the huge amount of placing shares coming on to the market shortly.
had some in the placing to go with the remaining shares that I held previously. Had sold down most of my holding prior to the placing due to what happened on GUSC and Marcus Yeoman's involvement there. My thought process being that if Yeoman was their connection with the market then a discounted placing was almost inevitable. Am surprised that the share has risen to the levels it has given the huge amount of placing shares coming on to the market shortly.
I’m like a few others in that I’m waiting to see if the flippers drive the price lower, but it may not happen and if it doesn’t then fair play to those who got the placing price and to those who have bought in the last few days. People like TW of shareprophets who bought yesterday are doing so because they want to hold to see if fair value plays out in time and maybe they are right to buy now because as R4E have said …….. “the Company will deliver EBITDA for the year to 31 December 2015 in the region of £1.6 million to £1.8 million.” On an EBITDA multiple of 10 that makes the sp north of 3p so there is definitely value to be had now that the placing has been announced.
pulled 1million half pennies out of this , that's skiing paid for. Cant see why anyone wants shares prior to placing but Good luck I hope it works for you.
Yeah i noticed that ...whats that all about i wonder?
Shareholders always get a good spanking when a company goes through the placing process.
Bid was never anywhere near 1.72 yesterday and you wouldn't have got that price to sell that amount of shares. It was a buy.
Bloomin eck.
sorry to hear that draft. From my experience (and believe you me I learnt the hard way also) buy when others panic sell (when you know fundamentals are still sound) and sell when others panic buy (when hype over reaches that of fundamentals). When the share is trading down 50% on good news as it was on Friday (ok the 1p price was not great but a clear base was established at 1p) I would be loading the bottom and not selling but its hard to do on heat of the moment when emotions are running high. Detach emotion in these times where market is in panic on a stock and think logically... is the key to beating the market. If I were you I would wait for rentry here but wait until placing is voted through there could be another dip. I shall be waiting in the wings to add another chunk in here at this time, managed to buy 400k Friday at 1.1p. Ultimately as I say this should be above 2p by Xmas IMHO.
sold at 1p. and had bought at 2.5 or thereabouts, i blame this flu
Maybe Tom W. is right- treble ur money here.
I would assume it will drop back once P shares are voted through but not much.. depends what other newsflow lands around that time. Certainly by Christmas I expect this to be trading back at 2p+
likely
To quote his last few paragraphs: "A circular providing further details of the placing and bank refinancing and including a notice convening the General Meeting has been sent to shareholders and the market price has fallen to a 1.25p offer price, which would capitalise the company post-placing at just under £6 million. Given recent profitability despite its debt constraints, we continue to see decent valuation upside from here and note that famed investor Nigel Wray - who is to participate heavily in the prospective placing - has also “expressed a desire to make a further investment in the company”. Wray is usually worth following and, this morning Tom and he had a long chat. Bottom line: R4E should report a pre and post tax profit of £2 million at some stage within the next two to three years. Put that on a PE of 10 - assuming that over time remaining borrowings are cleared and assuming that employees grab their 20% stake and the market cap is £20 million. At 1.25p on a fully diluted ( bar the 5p still out of the money warrants) basis the market cap is £7.5 million. So buy in the market and you should almost treble your money. Of course placees will do even better but do not let (justifiable) anger get in the way of you making a return. Buy - FIML has inded done just that today."
Re-rate on the cards from 1p