Member Info for revshep

I have been in here for some time now, but dont think that there is a lot of upside potential, unless the merger goes through and cost savings are obtained. Very nice to foresee end week prices but some are IMO a tad optimistic. I have set an exit target of £1 but may have a long wait. In the mentime I shall just keep takinmg the dividend as the yield at the moment is very attractive, given the BOE proposed cuts. GLA.

This share has been very disappointing. It is one where I feel that whatever it does, the city just does not trust or like them. I am out this morning with a small profit. Hope that it flies as my wife is still in them. GLA.

I t would seem that we clearly heading towards recession. Even before tha,t and the hint of interest rates, I was wondering who is going to be able to afford these new houses. I would be in no rush to buy housebuilding shares at the moment.

No matter what Marstons do the city just does not like them. We have fallen today but when I looked earlier M & B were actually up a tad. I am also a long suffering shareholder but will keep the faith. GLA

Do you think that the recent aquisition is to deter any third ;party predator?

With all of the inherent risks involved I certainly would not like them in my pension pot. I shall continue to hold as an individual, but regard them as highly speculative, especially at the moment with the VAT, talk of nationalisation etc etc. I do hope that it comes right in the end, as I consider it to be a well run company. At the moment it is not a share for the faint hearted. GLA

Thank you for explaining that Just goes to show that you are never too old to learn!

I bought these shares a number of years ago as with all of its oil leases it seemed to be full of potentfial. The value of my stake has just gone down and down and been further diluted by various cash raises. IMO the company has been grossly mismanaged, as until anything happens, ie drilling etc, there should be very little cost in the way of overheads. After all of this time we are still not in a position to benefit from our oil and tar sands. Very very disappointing.

Was thinking of taking a position in TW until I saw several large SELLS going through yesterday including one for 62 million.

Interestingly there were a lot of large buys that went through yesterday including one for 48 million.

I think they have issued bonds to TW so technically a loan and are about to issue other bonds at 9.75%. Court has approved. If I have my wire crossed then please correct me. Hence the worry of the exposure which may explain the weakness in the shares in the last few days.

I think that the market thinks that the Government's new housebuilding plans are not achievable. If it did we would have seen a good bounce in property shares such as TW.

I am considering selling my stake in ABN as I am worried of its exposure to the loans to Thames Water. Does anyone know how much is outstanding on them, whether a provision has been made in the accounts if TW go pop, and what future impact it will have on ABN . Thank you.

I think that if you look closely 139k was a SELL. GLA

Girls, girls, can we all just stick to the facts about the merits or demerits in owning ITV shares. GLA

It is all very well building more houses, but I am worried that people will not be able to afford them. Indeed IMO property has been a root cause of our finanial woes. House prices rise which does not really do any body any good, rents rise, minumum wage increasses. QED. I think that TW is a good short/medium term investment as it has a styrong balance sheet. The added bonus I feel, that everyone seems to have missed, is that TW can releae the provision for Grenfell Tower it had built into its accounts. GLA

Whether you buy back shares or pay diidends it wil still cost cash. Looking at their latest balance sheet they were very solvent. I think that a lot of underhand things have gone on being a typical AIM company. This needs to get to about £8 in order for us to break even. We could have a long wait.

GLA

As I posted previously, instead of buybacks why not pay down debt? Buybacks may only enhance vaklue if the shares are bought for cancellation. If they are bought, sit in treasury, and then are given out by way of executive bonuses, then IMO there will no advantage. GLA

This is a dog of a company. Even with the injection of the I3E funds they are struggling. Why oh why did I3e let themselves get taken over. Me thinks a lot of devious action went on behind the scenes. GLA

It would seem that whatever good news comes from MARS, the city just does not like them?