Member Info for sundancer

cheers mate...may have a nosey around at your interests. i'm holding off any buying till unemployment figures tomorrow. the market's been pretty quiet/drifting because i think everybody's waiting for tomorrow's news, imo.

two bigger buys suddenly towards market close today. Spac3y + fjp73, your buys? =)

check the result of shareholding "before" and "after" the triggering transaction. it will tell you if the institution bought or sold shares.

agree...but my stand on ramping is quite balanced. i'm not against ramping(or "tipping"?) as long as it is a truly quality share that is not a total gamble AND the ramps are backed up by the stuff that matters - financial figures. what annoys me is the typical BUY BUY BUY sort of cr*p that is being blasted in your face. u been looking at anything lately? or do u intend to just stick with NTG?

not sure if u are new but next time, ensure you buy on a drop(unless there is new news that is negative in nature) or a flat line on the graph. perhaps invest in another share elsewhere to hedge any eventuality with WMH...? i hope it goes well for u guys on WMH. i'm still not in but i do have an interest on this share. was in previously.

results is pushing this up. careful if u are a newbie here - UNIQ has not turned to profit yet and this announcement could be the turnaround or not. so unless u want to gamble, then be careful about buying in.

watching and looking out for that development closely. at which stage do you think it could happen? it appears to still be a way off(3 months min?) as the agreement is still non-binding with hurdles to clear :- 1. social plan related to consumer tyre activity at the Amiens North facility 2. completion of due diligence 3. a definitive acquisition agreement 4. other standard acquisition approval requirements moreover, it appears to be titan international and not titan europe that signed the letter of intent. for those reading, titan international is TWI on the NYSE, a major shareholder of TSW. btw, credit goes to Spac3y too for his extensive shredding of TSW's balance sheet last weekend(sure built confidence). =) p.s. although i'm an engineer now, it's great to be able to "count my fingers" at times like these!

don't worry yet...bonds don't dilute shareholders. what is of concern now is that WMH is interested in the government gaming outlets that was announced to be put on sale. how is WMH going to pay for it? interesting developments coming in the future, i feel. WMH just had an RI in february and they won't dare to have another RI so soon.

yes i remember you were around since 18p...? UNIQ is starting to be cyclical, imo. i noticed it since the rise from 30p. i'm holding for 150p so it's long term for me.

wow...cheers mate. that is only because i don't have a life! lol...kidding. i am addicted to looking for/spotting recovery plays after the success of UNIQ and TTG(so far). i'd be more than happy to share what i know as i was once learning too(and still am). perhaps you may want to call up friends of yours who are in accountancy because they are very handy at times like these... i studied accountancy before and my cousin is an accountant.

no worries mate, good to know u're still here. i see u are getting around into quite a few shares yourself...good luck in your choices! i too wished i'd taken note of TSW earlier but i'm confident this will rise in the future, as long as the economy continues to recover/grow.

having a hard time. instead of a second cashcall, WMH is issuing bonds :- http://www.thisismoney.co.uk/markets/article.html?in_article_id=491755&in_page_id=3&position=moretopstories to further pay down debt of £850m.

thanks for your honest and balanced opinion mate, much appreciated. i had a quick look at the financials and it gave me more questions than answers(hence, my questions to you)....i think i'll keep PRA on my watchlist for now but agree this could be a good one to invest as recovery takes place... good luck in your investment here!

btw, thanks for that link on nick harding.

why do u believe this will go up short term? and i don't understand where the money that PRA is using to buy these sites is coming from... when u said "large sales going through on friday", do u actually mean large buys? cheers

regarding your concerns :- 1. if all the debts were repaid today, this share is still worth 126p on tangible assets. that is a HUGE margin of safety. 2. if there was a firesale and tangible assets were impaired by 50%(which is already a very, very prudent figure), the share is still worth 63p. 3. TSW have more than a year to turn the business around. they have already culled headcount by a third! 4. borrowings due within one year is only £20m(see Reconciliation of Movement in Net Debt, after cashflow statement). to be prudent, a concern could be bank charges for refinancing which could be high but which company isn't facing exhorbitant charges now? no reason banks will not refinance at the due date in january 2011. 5. in H1 2009 TSW was still cash generative, of £5m. i believe this will continue, hence the director's confidence evidenced in the director purchases. 6. net debt has been reduced by slightly more than 10%, will continue to do so. this is a recovery play in the works, from a company that was profiting previous years until this financial meltdown. i normally self-impose a 50% discount to NAV when i try to value an undervalued company/share. but this share is at a huge 75% discount currently. i've only brought up your concerns about debt, btw. in all, there is a lot more upside instead of risks attached. i see no reason why this share shouldn't be in the 60p to 70p range now, after taking current market conditions into consideratio

i too, had to make the hard decision of pulling the plug on BNLN despite being at a loss, after sensing trouble ahead. but glad i did because it has tanked since then - would've lost 80% instead of the initial 30%. but i'm still in most of my other (hopefully) carefully weighted safe investments....not much of a gambler in me. glad to know there are lessons learnt! i don't consider myself an "expert" but i do know i've got some sensibility.

aloadabull. =)

which shares were u burnt on?

hey mate...since u appear to be an authority on the gaming business(perhaps authority is too strong a word?), i would appreciate your insight on WMH. i understand they are in a slightly different part of the industry but it appears bookies have had a horrid august & september and i wonder how does this reflect on companies like PRA. the PRA financial statement(year ending 31/12/2008) contains retained losses although i believe the share price is rising because the market could be pricing in future profitability(but when?). as for WMH, it is at a 52 year low but due to the hard times for the gaming industry at the moment, i am inclined to think WMH will drop further. next week's unemployment figures will be interesting to observe. i've noticed your comment about nick harding but all i'm able to find is someone of the same name who's a decorative artist. =) perhaps he's the person behind the revamping of the crystal rooms in leicester square? lol...