Member Info for steddyeddy

If I were in your position I would sell and take the loss. It will be painful now but their last RNS basically said they would very likely have to delist. If that happens you will effectively be left with nothing. Sell now and get half of something or hold and risk having all of nothing. Up to you. This is the tough part of investing, taking the losses, but it's how you end up making money in the long run. There is a slim chance that the share will recover but I would say it is far more likely that they will de-list.

Yes, 40% was possible if you were very quick and jumped in at about 8:30 this morning when the price was still nosediving. Would have been very brave. Remember this share has been as low as 7 or 8 p, and that was before any share dilution was proposed. I presume the banks are going to take some equity in return for keeping the ship afloat. Still think you would have to be either bonkers or have balls of steel to buy this now. I could of course be wrong - it has happened in the past!

Well something's happening and the overall trend seems to be up so I'm leaving my money in here. Bought at 3.88 with money that I could afford to lose if it all goes wrong. The portfolio contains some stinkers but also some real gems with prospects for growth and with a capitalisation of £11 million it still looks cheap to me. Gems outweigh the stinkers at this price in my opinion and I wouldn't be surprised if someone else has come to the same conclusion. Nothing worse than a boring share and this isn't going to be boring. Hold on for the ride.

Quite honestly I think you would have to be mad to put your money in here after an RNS like that. It costs a lot to maintain a listing on AIM and it's an expense that WHY, in my view, could well do without. Management and their banks will be are interested in the survival of the company not the interests of the private investor. I have dealt with WHY in the past and they are a good company but the market is against them. Your own research may lead you to a different conclusion but I have taken my money out and moved elsewhere.

This will be through the 30p mark like a shot when the next set of interim results come out. Last valuation was at the end of June, since then values have started moving back up. Its a good company, fundamentals are good, made an operating profit in the last accounts and even paid a dividend. All properties are in and around London which will be the first place to see recovering property prices. Still trading at a discount to NAV whilst most other property companies are trading well above theirs, e.g WNER at 43p and a NAV of 8p. I don't understand what's holding it back to be honest.

WKP still trading below the nav per share value, unlike a lot of other property companies and is still good value. Good tenant mix and well located properties all in and around London which should be the first to benefit from recovering commercial property valuations. Wouldn't touch OTE with the proverbial barge pole by the way, too risky for me, even at 3.5p, but up to you.

I've got about 60,000 of these so I am very happy to see this rise but must admit I don't understand what is behind it. NAV of 27p per share and a share price of 24p doesn't make sense. As for £1 by Christmas, surely that would mean that the NAV would have to be £1.20 or thereabouts which would have to mean an incredible recovery in commercial property prices! It's a great long term share but I think we may be getting a bit ahead of ourselves here (unless anybody out there knows a different reason for this quite spectacular rise)

The Independent cited 'vague bid rumours" as a reason for yesterday's 3.4% rise. Could be something to do with that. Or it could be market makers influencing the share price. There do seem to be a large number of very small transactions going through. Why would anybody want to buy 1 share for £5 ?! All looks very dodgy to me.

I've been in and out of this one for the past few months. Currently in at just over £5 so nurturing a bit of a loss at the moment. Fundamentals seem sound. I am a bit concerned about the reliance on the Brazil contract which runs to 2012. However, management seem alert to that and are looking at expanding the customer base. The company is well financed and profitable. The share price seems to yo yo with the oil price so is quite volatile and not linked directly to the performance of the company. Once the demand for oil picks up again this share will no doubt follow suit but that could be some time off. I'm prepared to wait. If you are looking for an entry point then follow the oil price. Barclays have gone into he oil trading business themselves, hiring a supertanker with a view to offloading the black stuff on the european market when the price recovers, so they are confident that the oil price will recover in the medium term. Good to see they are consistent and recommending this as a buy.