Member Info for mathsprof

If the RI is well subscribed this won't stay under 11p for long. In fact the sp could quickly recover much of the recent losses (since going ex-rights). I still believe this is worth at least 14p very short term, and 16p+ by the end of the year, even if the RI is a flop.

After the rescue from oblivion the sp reached 45p - an overreaction and anticipation of a quick economic recovery and the feeling that the large debt would go away gradually in a few years. The sp then steadied since the last finals at around 24p imo a fair price for the company 6 months ago. We could easily see the eqivalent to this by the end of the year - but this will now be around 16-17p given the dilution. 20p is my new target, but realistically sp could only appreciate slowly from the 17p level, depending on perceived economic conditions. What I can't quite get my head round at the moment is what the forecast eps will be once the rights issue is all completed. It will be much less because of dilution, but less interest to pay will mean eps should go up.

Found it - its appeared in the listings today as pdgn - @ 2p - sp 12p now as I guessed. 12p must be worth a punt since 12x(17/8) = 25.5p and recent high was just under 25p. You're practically getting the rights for nothing compared with recent high, which in my opinion was fair value then.

Anyone know the code to find the price of the rights? - I assume they're being traded. Oldtimer you'll be lucky to buy for 10p - no chance of 5p again. I'll settle to get back in at 12p.

I think we might even see 12p xr next week - then I will switch from sell to buy! Expect a bit of volatility, too.

The other alternative is to sell some or all or the nil-paid whne you get them in August. If you can get 4-5p that mgiht be worth doing. I think it could well be at least 5 years before we see 30p again, with the dilution. 20p at end of year would be nice, though.

but market doesn't - looks a steal @17p

I like this news - divi coming, debt reduced - I'm for the rights issue.

Not the present "clowns" but the previous cute operators who had already moved away with a tidy sum plus dreadful lease terms.

Sorry folks, if you are still invested here. It was always going to be a gamble to hold on in the last month instead of cut losses. I regret being tempted in the past by this.

Well said. Monks are looking good value compared with their peers at present.

Could go under 5p again - by end of next week when news seems distant. 5p might even tempt me back.

This share is worth no more than it was yesterday. Why? Because the news of talks about sorting out finacncials in the next 4 months shows the problems are not fixed. Still a complete gamble.

Does SCHE actually have any assets? Won't it just be carved up with PIs getting tuppence if they're lucky?

How strange - and only 176k traded in total. Someones been busy or bored, like me waiting foir this share to reach its true value.

so far. Who's having fun today?

Read and digest the articles you post. The landlords have a plan - which will suit them. Will anyone else agree. We don't know. Does Fisher know what will happen. NO! What he'd like to happen - maybe. This share is a compolete gamble now. You might win a lot. or. . .

That's what we need here. We can all read the news - but comment is often lacking. Imho SCHE will survive, but I've sold a little while ago because I now believe that the plans afoot look likely to 3rd parties (ie not PIs) getting the remains of the spoils, or a rights issue /placing at a derisory price. The real news is expected on Wednesday. GLA

Its going up because its fallen so far recently. Its still a complete gamble - could be worth nothing by the end of the week.

What's the guarantee worth? Someone will surely run the homes - yes. But if landlords get a chunk of the equity at give-away price and/or there is a 2p placing what'll happen to the SP?