Member Info for KNIGELK

Why is KLN being mentioned? Is it in the same sector? Just because x AIM share doubles does not mean y AIM share will do the same. One shareholder here holds 72% (!!!) of the share issue so obviously the shares will move on low volume but remember - this can happen BOTH ways so be careful if you are trying to buy in NOW imo - existing shareholders should have an exit price and sell (mine is 1.5p for 100% profit) gl

Just look at the chart - it's been flat for a while and about 1.3p is the recent 2-3 year peak. I am not saying this share isn't undervalued but current shareholders know that the real game changer here will be the sale of The Mall and what the company decides to do with the proceeds. We have been expecting the sale for over a year now so glad some have made an quick day trade but this investment is a long term buy with decent dividend yield. It WILL double when the Mall is sold imo but this could be next year (at this rate) gl

Actually late Friday RNS are common with UVEL

Maybe because the NAV has been worth far more than the share price for years - not sure why suddening newbies expect it to happen! The NAV has actually fallen from £19 million to £17 million - so please dyor before chasing a spike...

Yes and this has been known to existing shareholders for a while (debt writeoff). Perhaps the market just noticed after all this time!

Not sure why the rise is so significant except there has always been low free float. As a shareholder - very disappointed in the 65% drop in the dividend and a further delay in the sale of the Mall. I suppose the expected growth rate and possible demerger make up for it

I am sure I will see you on other threads... one last point - there are quite a few AIM shares (and FTSE350) were the bank is in control and effectively owns the company. You could argue that any company with debt can have their arrangements pulled at any time except the bank obviously decides if their clients can service their debts and it's usually the last resort. Let's hope there is not another banking crisis or crash because a lot of companies are sailing close to the wind imo gla

...but they have not lost WH. The RNS states "due to revised trading arrangements with William Hill". This could mean anything to a mere shareholder - less margins, revenue - but it appears there is still a contract in place. Also it was only this June that some £500k was raised via a 15p share subscription. Perhaps Boris should just have waited for a (poss) pre pack instead of putting even more money in here? My point is that he is now a shareholder - so will lose money too if this share is suspended - even if he subsequently gets the pick of the assets. I think it all depends on what happens with the debt discussions - I understand why you sold but I'll happy to sit on my shares for now - however I definitely will not be adding or advising anyone else to buy in here without DYOR gl

I think he acquired his shares at a low level so selling out probably did not incur a (significant) loss - remember there are pently of lowly valued AIM shares out there and I have learnt to let go and not hang around if another share interests me. However, with the results due this month - it will not take long to know whether hanging on or letting go has been the right decision...

I agree that comments on a BB should only be one part of your general research into buying/selling a share. Cookaburrow appears to know a lot more than the rest of us (connections?) so I do take on board his comments - at this price it is probably best to sit and wait for existing shareholders (especially if your holding is minimal like mine) although the risk of suspension/pre pack and/or a low ball offer is there. GL

So you have sold up then? I prefer frosted windows. Who knows whether shareholders (inc Boris?) will be shafted either by a low ball offer or a pre pack but my small holding is remaining for the time being gla

either.... I have seen this share as a recovery stock except it appears as far away as ever. Note the point in the trading update - Re-financing: discussionsregarding the future financing of SnackTime are at an advanced stage with both The Co-operative Bank and the Group's new shareholder, Versatel Limited. Further announcements will be made as appropriate. Shareholders are left wondering was option(s) is on the table? Boris buying the debt/taking the company private - Co-operative Bank rolling over the debt - a mixture etc etc. Perhaps the company should have accepted the offer approach made a few months ago (presuming it was a sensible figure) because I agree that seeing 20p plus is not going to happen any time soon. At least the picture will become clearer when the results are out (NAV will surely be lower with writedowns imo) but this is still a share to have only limited exposure gla

Includes - CEO David Craven commented: "The Board is aware of the significant decline in the Group's share price over recent months and I would like to assure all shareholders that we continue to work to deliver sustained growth and shareholder value across a balanced business."

I would love to - but I'm still in the office :-( gla

Yes - stakebuilding. Share price now back at NAV... go whether there's further upside depends on any IPO-corporate action but well done those who stayed here or acquired some recently gla

Come on that's ridicious! Surely your share price target s/b 2000p! (agree - this poster is getting a very bad name)

Which day?

Probably the company wanted +20p and Boris & Co. were not prepared to pay (in their opinion) a premium - now that he has a significant holding he is on a win-win. If the company recovers (and the savings will help) then the share price increases and he makes a profit - if the company cannot recover then he can make a low ball offer and this time has more chance of success since he does not need to acquire too many more shares to pass 50%.... I reckon 15p is as good a guess as any for a t/o price - so a 20% premium IF a new offer comes I M O

Thanks for the replies - I simply do not see much downside - at present - although the share price isn't going to move upwards without material news and/or a trading recovery - so hopefully the savings made to date might have an impact. Remember this share can move fast on little volume - seen it happen twice over the last year so if you like higher risk shares then SNAK is one to tuck away and return to in 12 months time - imo the share price has the potential to be nearer 20p by then. Of course there's the risk of admin and Boris cherry picking core assets - and this has happen elsewhere on AIM - in the meantime I will be surprised if there's material news before the interims in a months time. Personally only have a small holding here now and the thread needs posters to highlight the risks here as well as the future is still uncertain gla

Any clue who is Mr Jackson - wonder if he posts on here or Advfn? There is at least 20-30% upside as cash NAV is still above 1p. The question really is whether the company are looking at alternative investments to invest this cash or have been pinning all hopes on the Puma investment?