Member Info for ljandct

That's fine - all entitled to opinion and sometimes you need a devils adocate to bring things back into focus. Yes Banditt there has been a few but it really is very far and few between at the moment you've got to admit. No I hadn't done the NAV per share so yes at a discount. Still there might be several companies interested but this might make the RTY board a bit anal about the offers and may not be open to much in way of negotiation and therefore they all pull out! As I said although it looks very good, nothing in this game is ever a dead cert! Ps: If NAV if 22p then for the past 5 months the markets valued it at 5p or less a share since mid-november, sorry but this dont mean diddly-squat at the moment with regards to offers, they will almost certainly take this as a rolling average I'm afraid - that's what I'm saying you need to take this on board. Anyone in before the recent spike is surely leaving the party which is why people are selling or at least taking the top off it (in answer to your original question Craig).

Yeah see that, big auction buy in for 5M shares, but it's still a tiny drop in the ocean with over 5.6Bn in issue it wont make a dent.

PS: Also thinking further ahead with my logic, with companies making bids they usually offer 'above' 14-day or 30-day rolling price. So they'll take an average of past months and offer X percentage above that price..... Average price aprox 4p (to make it easy). 50% above average price = 6p offer price. Even if they did 100% that's just 8p which is higher than todays current price. WOULD you as a buyer, therefore offer 300% above for a company as you know it's shot up purely on speculation. This means that YOU on todays buy in price of 10p you'd make 16.67% on return of 12p offer, whereas - the price has ALREADY risen 250% from average of 4p. Please find me a company that has over the past year thats offering 300% above book price as they are EXTREMELY few and far in between. As a result, I'm recommending this as a very strong sell.

That's easy to answer - Spread is high because MM's are playing with it and that is how they make there money (thanks loftya for the in sight), with regards to selling, a lot of people got burnt by AXE all of a sudden going to the wall at 11:50am without warning and the price was up nearly 30% that day. People are profit-taking, just look at previous days graphs - wouldn't you??? I certainly would thanks very much as nothing in this game is a "dead cert".

For the interim results: PART I: http://www.investegate.co.uk/Article.aspx?id=200809031010596195C PART II: http://www.investegate.co.uk/Article.aspx?id=200809031011006232C PART III: http://www.investegate.co.uk/Article.aspx?id=200809031011016235C Go and DYOFR - Cause I AINT reading that lot!!!! LMAO

Triple point did this - basically there are zero shares on the market available to buy or sell that's why it's screwed up so badly that the system cant work it out.

That's EVIL spread!

They have E62.9 in the bank as of 31st December, 2008 and only E38.2 uncommitted. Total value of properties is just under 1.5Bn. This means that they have a Loan To Value rate of: E1.095Bn approx. They have interest payments at average of 4.72% so that's E52M in interest payments which has average debt maturity of next 5.4 years. Therefore outgoings of E52M with E38.2 cash uncommitted and they are generating E75M per annum in rental which is growing. Current Market Cap of 72M GBP which is: E89.59M. Seems to be in reasonable shape to me! DYOR of course!

Price has jumped since announcement, rental volumes up considarably from 51M to 76M, however the big downside for me is the LTV ratio of 73% including CASH in the bank. They dont have much room for manouver I'm afraid. But there was a lot of late punts on this one and with just 337M shares in issue, worth sticking on the old watch list for a couple of days.

BIGJOHN123 - It's Johnny back again the little F!"£$"!$

Ouch! Feeling your pain mate, not nice after AXE yesterday and agree the guy should be hung drawn and quartered.

BARC, LLOY also saying the same.... The DOW effect perhaps?

It's not just you guys, big sell off's at SEY, BDEV, SAR, RTY, TAN also reporting the same a sudden sell off... Although I believe we should have got the stake out for **** face johnny - FFS what an idiot.

The company code...... "AXE". Certainly fell on shareholders today :(

That's a LOT of sells under auction for a whole load of wonga! I wouldn't want to be holding for the opening bell on that lot..... Could a volatile day tomorrow boys, get yourself a spare pair of pants! I expect open considerably lower (howsoonisnow - you might be opening lower than 42 mate!) lots of stop losses kicking in automatically but it should bounce after about an hour or so.

No not too kind at all.... we dont count for sh1t mate (well I cant really talk as didn't have any shares in this company) but you cant tell me that within a couple of hours of administrators being appointed that they were able to sell the lot and continue as "normal" and everyone is delighted. This has been a stitch up and lined up by someone well in advance. Who was the major creditor that pulled the plug this morning on them after they gave their backing just last month?

Lowlights: - Sold all of it within hours to AG holding ltd - "Creditors of Axeon Holdings plc (in Administration) and of its subsidiaries should be unaffected by this process. It is unlikely that the shareholders will make any recovery." So write it off and move on looks like you guys lost the lot.... Feeling your pain

Added to Takeover panel today and not even a sniff of a trade! There was some whoppers in Feb if you look at previous trading history so be interesting to follow!

Well there you go... think you've just reassured yourself!

I'd disagree - Rule 1 - NEVER bet more than you can afford to lose - this is gambling and you can win or lose. Rule 2 - Never put all your eggs in one basket (ask the guys at AXE today about rule 1 and 2) Rule 3 never buy on ramping, always DYOR and buy your own thoughts (learnt that with SOLG) Rule 4 - Never panic buy or sell. That's my list.