Member Info for ljandct

Yes definately it will crash very heavily if offer not confirmed. They always do. Have a look at BLVN to see what happened to them and BLUE as well are examples when a offer doesnt materialise.

yes agree on that mate, almost identical. Quite often work (look at JJB were right on the brink) but in this case like Woolies it didn't. Another one I can see going like this is CTT.

Now they've been suspended and administrators coming in you wont get market price at all for a takeover they'll be going at a bargain to recoup as much money as possible. There will probably be nothing left in the pot for shareholders I'm afraid.

Feeling your pain guys! What a shocker, especially as price has almost doubled in past week. Whoever was that last person that sold out at 09:30 this morning must be the luckiest person in town at the moment.

Careful, was only 5p-ish a few weeks ago and now at over a 6 month high. More likely to re-trace due to profit takers soon but longer term agree has potential.

Your way out of date, it's now up 29p and nearly 40% and has been for a while.

Look at the trades, talk about obvious price manipulation with sells at single-digit volumes today

Fair point as well. Nice one for holding before the rise and wish you luck. As I said I'm not going to go for this one personally and GL to all that do.

Lets take an average - properties worth 23.5M in October, 2007 (we'll say 2007 to be sure!) Price drop in asset value of 50% for commercial property = £11.25M Now we dont know WHAT assets they are referring to, this could be just land on brown field sites with some form of commercial structures (like a warehouses or plantations) which is why they require planning permission to turn into residential. In that case you'd normally drop the value by another 50% as no planning. However, almost ALL building companies have shut up shop, got to first fix or not even out of the ground and closed the site. Therefore price now just worth 25% of that value with no planning. Even then, if they get planning there really are no buyers out there for this land. My Dad works for a mid-sized building company and they are turning away land at 25% the October, 2007 levels as they just dont want any negative assets on the books. You really cant give it away! HOWEVER, if this valuation was £22 - £25M in October, 2008 without planning permission this gives an entirely different story as the independent valuers would take all this into consideration as this was (arguably) the height of the housing market issues as most big players were attempting to re-negotiate on loans, debt swaps, etc.... but CAN they actually find a buyer is the REAL question???!!!

Company has 142.30M shares with a market cap of £2.85M. Here is a link to the company website: http://www.inveresk.co.uk/ (you dont need to download the fonts!) Here is the last interim statement which was released 22/12/2008: http://www.investegate.co.uk/Article.aspx?id=200812220700085250K Here they clearly state: "Our alternative real estate strategy endorsed by independent valuations over the Company's freehold brownfield sites in the range of £22M to £25M subject to appropriate planning consents." - Note the asset evaluations were done in October, 2008 APPARENTLY (according to the end of year 2007 accounts! - now how can you add in to the 2007 accounts a valuation from October, 2008???) - I believe this might be a typo error and they actually mean from October, 2007. Therefore please note that the property market has crashed considerably since this time. So obviously they have the assets (subject to planning) to be able to ride out for a while, however the interim statement does point to the company in trouble so will almost certainly have to sell off these assets. DYOR of course! I'm NOT going for it as also the company was suspended from AIM for not releasing financial statements on time. I hate companies that do that.

JUST look at the actual transactions depsite what the site tells you! Transactions regularly buy around 0.30 and sell at 0.10 - 0.15. That is a ridiculous spread so BE VERY CAREFUL!

No.... http://www.investegate.co.uk/Article.aspx?id=200904171000007433Q Emerging Metals Limited has just bought 1.78M shares in KAH and KAH has a 38.68% holding in Extract Resources listed in Australia.

Takeover a possibility then???

At previous history company on the slide but they have aprox 30M in assets on brownfield sites so whether they've turned some of these to put back into the pot? Did a google on last 24hours for this company and not a bean. Curious!

This turned into a 50%-er from my tip on the 7th when they were at 99.50p - If I was Phillips I would get out at this price as well after making that profit thanks very much. Dont forget peoples they significantly upgraded their 2009 forecast after a number of contact wins (see my post on page 3 - currently - from the 7th April)

nuh, nuh ni nuh nuh..... NUH! lol

Why is this not showing???

Thanks - really appreciated. Picking this stuff up as quick as I can but I'm not invested that much so no point in paying for L2 for me so at disadvantage but seriously not worth like the 20 quid a month at the moment when only in for small amounts (in comparison to a lot of people on here)

Thanks let me see if I get this right then: level2 showing 4 mm's and 20,000 shares each side = 4 MM's with 20k shares to buy and sell. buy side mm's 1,2,1 prices 33p, 32p, 29p = 1 MM going to buy at 29p, 2MM's going to buy at 32p and 1 MM lined up to buy at 33p sell side mm's 1,1,1,1 prices 34p, 35.5p, 37p, 38p = 1 MM set to sell at 34p, 1MM set to sell at 35.5p, etc. 1 trade so far and was a buy at 33.5p for 5000 shares. = Pretty obvious, 1MM already traded at 33.5p for 5k shares. Is that right???

going to be honest here mate and something not got my head around as dont have l2.... can you explain that again in laymans terms please! Like "mm's 1,2,1 WTF" is that? Thanks very much in advance.