Member Info for Barlew

The sp has dropped by over 10% in about a week, Admittedly it had risen fast too over the last 2 weeks reaching nearly 450p. Is there any expalanation for this recent extreme volatility. - sharply up sharply down? I can find nothing on the internet. I like this company but find this recent hike and drop somewaht unsettling.

It looks as if they have just saved themselves 3 p per share. Is it now a done deal? The cash element has gone up about 50 p which is something. Arsenal58 you were right and I am glad I finally pressed the button.

I am beginning to wonder if Schneider are going to walk away with this or with the current lack of interest and optimistic sp they w ill come in at a lower figure. Almost tempted to buy back in - almost!!

After disposal of Islands at 807M Dollars CWC seems to have reduced debt from 1.388M Dollars to 263M Dollars which would suggest an operating reduction of 320 M Dollars whcih is not bad for 3 months. If they keep that up the debt will be wiped out in less than a year.

Hi there. I agree re Dominican Republic. and indeed that sp will not move much until cost cutting exercise concluded. How close is CWC to Columbus - any prospect of a tie-up or even take-over (by Columbus not other way round as they are so much bigger)? Future seems interesting to me.

Having done a bit of research it seems that Monaco may not give approval to hte sale of CWC's operation there. This would mean that CWC would buy back the 25% sold and continue to operate there and in the Seychelles. This as they (CWC) say is not a bad problem, to have as Monaco is very profitable but does it upset future expansion and investment plans and indeed containing the debt? Cannot see the SP soaring on this news - perhaps we will be below 40p again??

..today ends with the words" We are continuing to progress the Seychelles and Monaco disposals but at this time there is no further update." I had thoiught it was a done deal. Does this mean it could fall by the wayside thus upsetting financial predictions?r

Yes you were right It was apparently Walter Oil & Gas in Houston and the well was off Louisiana. Let's hope that was the reasdon for the drop and that tomorrow will bring good news. Ok for the long term I guess. It should be!

2.5% so far and Friday is still 2 days away! Anybody got a clue what is hitting SP? It should be going up!

Thanks for your comment, which I respect and so far you are right, apart from the rise on Monday morning. I actually on balance agreed with you particularly when I realised that the share part of Schneider's offer was of French shares on the Paris Bourse which as far as I am concerned are of no interest whatsoever. I gather that UK funds can only invest in UK shares so I am not alone. This would suggest that an all cash deal would be preferable so if I were a rival bidder I woiuld be offering less than 505p but all in cash. I sold on Monday as sp came off its best at 517p or thereabouts. I could have had that had I not waited but fortunately hit the button before it got substantially lower..

Anybody know why the sp has come back sharply in the last few days and in aprticular today. Sector peers all rising. Is it just thin trading or something else despite the good results recently?

Take it and run or wait for a better deal? Surprised that BoD incicating acceptance so quickly. Any views anybody?

I agree with you. We have seen quite a few ups and downs of late and it would be good if sp could get up to 50 or even 45 but the Market is getting redder by the day which does not help. Sit tight and hope I guess

Per CWC website it's 2.67 US cents ie 1.77 GB pence per share . Good to see that share price is fairly stable despite ex div and the general market weakness.

Fingers crossed for the big div. I wonder how many people will use the special div to buy more shares thus driving the price up albeit temporarily. Sit tight I guess!! I think probably worth buying more once price settles post div.

Thanks for that. Seemed to settle around the 350 mark but now it's down again to approaching 340. Probbaly as you say going with the flow but hope no hidden hiccups round the corner! I suppose that approvals all create uncertainty and the Market does not like uncertainty.

Anybody know why the sp has dropped 20p in the last few days including 10p today? Could not find anything from usual sources.

Do you have a link to the Sunday Times Article pse or what did they say?

I had the same business with the website which was down around 8 am yesterday and for some time after that. This is not the way to conduct business and treat shareholders. I have sold out as much on principle as anything else. I have had shares in RSA for years but really feel shafted by them, apart from the divs over the years although they take 3 months from ex-div date to pay which is long. The Statement was flannel as the figures were rotten!. Sentiment should not enter the business of investing but sometimes it cannot be helped., I assume that people woill now buy RSA for capital growth as opposed to income provided the price is right ie in my book around £1. I also take the view that Aviva hasving already cut its div about a year ago should not be compared with RSA and has been slashed unnecessarily - at least I hope so as March 7 is their day. and I don't want to see their shares doing an RSA!

27 March is ex-div date as far as I can tell. Aviva is 20 March and their figures are out on 7 March. Exciting times!