Member Info for bunny1

sell 77 buy 79.47

I know gold is down, but whats happening here. If the deal is off surely it would not be a bad thing as they could then get on with things and get this share moving??

The post below is a post i pasted from the ADVFN Board last night that someone posted. I thought it was interesting and a good point. The reason why I posted this morning about it being a roller coaster is that they could bring the price down to spook investors to sell. If Mr Wong for instance decided to delist the company because its not working as he thought it would in the AIM Market, he has to buy out the existing share holders. The buy back scheme would make him a 80% share holder of PMHL and of course he would want to buy them for as cheap as possible. But this would also be good for us share holders because there would be more cash left to distribute to us. The calculations would be around about the £3-£4 a share. THIS IS ONLY SPECULATION REMEMBER. As its still not clear what he is doing with the money of the sale of the cement business thats why its only a thought. Either way if you can hold your nerve all will be revealed soon. The thing is if he buys property with the money like he wants to it would be of no value buying it through an AIM listed company like PMHL as the value would not be recognised. It would be recognised through a company on the Main Hong Kong Market.

For a roller coaster ride. This share price is being driven down so private investors bail so Mr Wong can buy his shares buy back for himself as low as possible. All hold your nerve. This is only going one way DOWN. Very clever tactic. All the best who HOLD. Bunny

thought i'd post something that someone posted on ADVFN -- Food for thought Afternoon all, Market cap of around £200 million and a deal just completed giving £305 million now and another approx. £50 million in July, all in cash (HK$). 33.06% of ACC (Anhui Chaodong Cement Company) still retained, but will most likely be sold in July for a conservative estimate of £50 million, and a thriving iron ore trading business. Daniel Stewart, PMHL's nomad, were giving the stock a strong buy with a target of approx. 250p/share before completion of the deal and are now rating them as a hold with a target of 180p/share. There is a lot more to this but I am not as eliquant as the rest of you, so there is more information detailed in the links below: http://online.hemscottir.com/ir/pmhl/ir.jsp?page=news-item&item=398686781715319 http://online.hemscottir.com/ir/pmhl/ir.jsp?page=news-item&item=323125422078683 http://online.hemscottir.com/ir/pmhl/ir.jsp?page=news-item&item=342066227851033 I have watched this sp fall over the last 3 weeks without too much concern as the cash value out ways the market cap considerabley, however, when Daniel Stewart down graded PMHL to a hold I became alarmed. I have been over my research many times and could only identify that many who bought have invested into a cement company which will no long be a cement company because of the disposal of assets and so are looking to exit, but why would Daniel Stewart down grade the stock.- If I am missing something please feel free to highlight it, as I am sure you all will. I have a theory! Maybe Daniel Stewart has been instucted to down grade the stock by David Wong, so that the buy back doesn't consume to much cash. Mr Wong holds 59.82% of PMHL directly and indirectly. http://www.pmhl.co.uk/shareholders.aspx If 40 million odd shares are purchased on a buy back they will come from PI's, hence, adding value to Mr Wong's stock. He will then have circa 85.2% of PMHL directly and indirectly which equates to a bigger piece of the pie without incuring any cost to himself. PMHL could then sell off all of its other assests and return the cash to share holders (primarily PIHL in Hong Kong), in effect desolving the listing on aim. This would leave Mr Wong to use the cash for acquisitions in PRC with a HK listing. If this is the case PI's would be shafted yet again but only if they sell. BW

Its nice to be able to scope up more cheaper as others sell.

Thanks

If these dont get taken over surely this would not be a bad thing with the amount of gold that they are proposing to produce this year, 100 000 oz of gold. But would they have to do a rights issue to raise more money?

lots of sell going through in the last 15 mins???

after a sell of 44,000 and 50,000 went through.

Thank you both for your reply. Don are you still in CEY? I bailed at 138, thought i'd have time to go back in but missed it, oh well. Look at them now.

Would you know why these are being held back?

Her is your answer to your question. Someone on advfn posted (livinginhope posted it) http://www.advfn.com/cmn/fbb/thread.php3?id=21143993&from=2856

Announcement of what they are doing next could come any time when they are ready, could be this week, next week, months time who knows. And as for the buy back they have a year for that.

Mr Wong obviously wants to buy back shares as cheap as possible, just hope the price does not trickle down from this level. Any other thoughts from others?

In this market if you short the shares that are good and buy the shares that are crap then you would make lots of money, that probably were i'm going wrong.

100% agree with you, its frustrating though, but yes im a long term investor with these so what does it matter. Thanks

Does anyone know why PMHL are down?????????????

I bought a load more today at 171.25. Fully loaded now and waiting patiently. All the best to all who hold this share.

Thursdays papers: tips and comments. http://www.citywire.co.uk/personal/-/news/markets-companies-and-funds/content.aspx?ID=397993&Page=7