Buy into renesola at £1.64, they will go up by 2% tomoz, then u will have £7500 X 2% = £150.00. Duno what ur costs are for this - isn't stamp duty loads though? Wouldn't u be better having a betting account to bet the shares up or down a penny or 2, shares are for holding medium - long term really to make decent money....
I have bought into these at 13p, when the "hype" of them were making them strong, think with this latest buy of £48k, someone knows something, I reckon it could be some news on Tuesday 1st September (heres hoping) as they seem to have an announcement every week if you look. Price on the table has surely gotta be in the 50 million range at the very least inc the preference shares, so 13p should at least double up I'd have thought. Hold on and wait for the news, its gotta come some time, and is a safer gamble, £1k in this could make you £4k plus holding, and even if it went down, your risking less money than what the upside will bring. I've owned TW and money supermarket lately, now have renesola (should be £2.90 at least, now £1.76, bought at £1.77) and this.
I bought in yday, was considering buying at 4p, gutted didn't and got now at top dollar - still a way to rise, so just gotta wait for a while, especially with mm not giving the sellers the good price. Other buyers today (more than sellers) will also hold because of this and this should bring the SP up, slow start yday, and look at end of day, so plenty of time yet. Also hold renesola, but they are long term winner.
This created 350 million shares at £1.00 each, doesn't this mean that the value of the share should be half of what it was (£2.36 on 27/02/2009), so £1.18. I might be ignorant with fund raising options that companies take, but there is another 350 million shares to service dividends to etc isn't there? Cheers for any responses. I've been in TW, but looking at this now, as I feel the housing market has a way to go with rising unemployment, whilst the positives of this company offer more opportunity and safer investment.
Recent news shows that they need new management, I'm wondering if it means they have a poor performance from current management. I really want to buy, as the 7million pound capitalisation doesn't relate to the profit of 4m and revenue of 17m (predicted) Please can someone help me out here? Relax Group PLC 11 August 2009 Relax Group plc ("Relax Group" or the "Group") "Management changes and strategic review Following Ken Gaskell's appointment as Chief Executive Officer the Group now announces that John Simms has been appointed as acting Finance Director. John has previously held a number of senior financial positions including with National Car Parks Limited and the former BET Group. The current Finance Director, Trevor Moore, has now left the Group. The new team has been holding discussions with important business partners in the process of undertaking a strategic and financial review of the business. The review will also cover the management structure. "
This company is going to be up to 60p by end of the week, the housing market is starting to pick up, people looking for saving come to this website with it's heavy marketing campaigns, and it has prepared for the drop in revenue by decreasing staff members and increasing efficiency savings, once more confidence comes back, these will be at £2 levels again. Short term 65p, medium 80p - £1, long term £2+. I hold a few thousand shares in this company at 50p, but looking at medium term.
The shares look a good price, but don't appear to have fallen in line with some of the rest of the leisure industry, this may be as they weren't hit as bad, but revenues for advertising are down with all industries. I'm looking to buy at £1.25, and keep till around £1.50 hits, although may be tempted at £1.30. Unsure of the drop today, but medium term looks like a winner. The retention of the customer through the £13 a month scheme is a good way to keep customers, and have a stable basis for revenue, which I like about the company, and also increases staff morale, as it will be busier and sell more food and drinks through this. I would like to hear from anyone how many people they have on the scheme, whether they think it's profitable, what other sides of the business benefit it. Cheers