Member Info for GedW

HHO. There is a conflict of interests in the strategy of Mr KM and the Board of HHO. The Board will do all it can to keep the share price high, why, because Mr KM wants in to control them or wants them out. Mr KM wants the price to drift so that he can ponce for that 15-29.99% on the cheap. The stakebuilding rules are a double edged sword. They prevent would be takeover merchants from rapidly building up stakes, but on the other hand they allow a respite for the numbers of share trades to drop, giving the illusion that trading has dropped off, not the case, the trading has dropped off because the would be bidder is prevented from increasing the holding from buying shares for a week if he already owns 15%+ and between 29.99%. By mid week when holders of the stock lose interest and sell, Mr KM and anyone else acting in "concert" will pounce. I kid you not.

FGO. After selling its stake in Highbury House. Morgan stanley Securities Ltd ("MSSL")has bought into FGO with a Part V1 Companies Act 1985 declaration to the Board of FGO, who pursuant to FAS Listing Rule 9.11 announces that it has been notified by MSSL that is has an interest of 3.16% of issued share cap. Go for it investors follow suit. As Sir Phil's Harris carpet company has lost market share. Laminate floors seem all the rage. Follow the leader.

ERX. Hello sharedealer. I have been in for a couple of months with no intention of bailing out. I have watched this share closely, judging by my recent and previous footprints my strategy is clear. But someone thought fit to jump ship. Regards

HHO. Hi wayner. I have got the chance to reply to your footprint Mon. In reply, I will say that we do not know at what price Mr KM paid for his stake up to 2.99%, because there is no FSA Listing Rule ("LR") 9.11 that obliges a declaration pursuant to Part V1 Companies Act 1985. However, we can guess at the prices paid for his stake of 3-6% and from 6-14.99% because the LRs state that a Part V1 declaration has to be reported by the close of Business the next working day. So that working backwords I can work out the possible prices paid. If Mr KM is prepared to buy in at those levels, I am more than happy to join in. I think there is more to come via upside in the price because a holding of 14.99% is in limbo it must be increased if his intention and ambition is to control the Board is not thwarted. I think I have answered your conundrem in a roundabout fashion. Let me know one way or t'other.

ERX. Oh dear someone has decided to throw in the towel on this one. 450K shares sold at 2.5p. The shares havn't been much higher than this in their history?

ARX. Agree with your sentiments. I don't think that the market has appreciated the implications of this deal, small deal I agree, but with big potential. If there was one airline to show confidence in the aerobox product, they could not have done better than AA buying it. Enjoy the ride with this play. Yes going long is the option.

HHO. With Mr KM holding 14.99%. Should his shareholding reach 15%, he would have to wait a week before increasing that stake to between the range 15-30%. If his shareholding reaches 30% he must make a full offer for the remainder. So I would second quess the next stake announcement to be anything from 15% to 29.99%. If this is a quick buck situation then we should expect an announcement that the holding has fallen to below 14.99%.

ERX. Waited for news. This is the news long suffering shareholders have been waiting for. Now is the time to show confidence and recover some of your paper losses. Remember Billam has, to my knowledge, a 1% stake in EIRX, whatch Billam shares closely, they could very well move up in sympathy.

PGB. RNS releaseAnnounced a full form contract with Fox Television Stations. This is a tremendous coop for Pilat. I am taking a strong buy position on this stock.

CUC. Here is a classic 5pm "drop" storey. Just when we are ready to go home, up pops a late RNS, two in fact here. 1st 16.54 hours The Unicorn AIM VCT plc holds 1.692940M isc or 6.81% 2nd 16.56 hours. Ravensworth Ltd has acquired 4.101M isc or 16.53%. Shares should rise on the news.

HHO. Gone back into the market and bought within my range.

HHO. It was a deliberate intention of my to be out at 3p today because that was my "stop" price. You will not find any course that will teach you the rules unless you sign up to a Corporate Finance course.

HHO. I will be back in because as sure as the sun will go down tonight, stake builders are as predictable, you just have to second guess them but the FSA/City Code et al give you guidence. Just play by the same rules. It is easy with practice.

HHO. I got out at 3p today, waiting for a fall. But the price is dancing around that 3p mark. If the price moves out of my 2touch2 range that I have set myself ie 2.9p-3.05p I will be back in. But rest assured I am trying to be too clever and getting in and out when the price suits me. At the moment I am in a cash liquid position waiting for the price to come within my sights. I may lose out by selling too early. But there will be another "bus" later.

HHO. If I am teaching my grandmother to suck eggs here with my postings tell me. But I would like to add further since my last posting. The Rules governing Substantial Acquisitions Of shares. Rule 2 "Subject to certain exceptions, the SARS restrict the speed with which a person may increase his holding of shares and rights over shares to an aggregate of between 155 and 30%. The SARs also require accelerated disclosure of acquisations of shares. Also by virtue of rule 1 restrictions. " a person may not, in any period of 7 days, acquire shares carrying voting rights, in a company, representing 10% or mor of the voting rights, would carry 155 or more, but less than 30%.

HHO. So now we know. If Mr KM wants to gain a strong position on the Board, he will need more than the 14.9% interest he has declared so far. So I would expect more announcements in the near future, he will have to move fast, because once the Board of HHO announce they are in a Bid situation, he will have to pay the rest of the Shareholders the highest price paid by hime during the offer period pursuant to Takeover Code Rule 6.2. So look out for 2single protected transactions" or any Listing Rule 9.11 announcements where single purchases are made as acting in concert with Mr KM. Watch this space !!!!!! Also watch out for trades at cross prices.

HHO. It was announced @ 9.22am Today. Mr KM holds 14.9% of issued share cap. But Morgan Stanley does not now have a declarable interest, ie % of ISC 3%+

CDG. RNS release this morning. Confirmed presence of prominent gold-bearing structure at Tivnacree.

HHO. Good morning debbie, I did not include in my footprint here that his stake was to be officially announced sometime today (Monday). But yes it was common knowledge that by late Friday, the stake had been built up to 14.75%. Either way, I think the announcement will give a fillip to the shares, even though the efficient market theorists proclaim that this info should be in the price already. Best of luck.

HHO. News circulating today, is that Kelvin Mackenzie, former Editor of the Sun, will increase his holding from 6.2% as announced Friday to 14%+. He wants to control the Board. If this story proves true then 34%+ of the issued share cap is no longer available. All the best with your investment deals on this one