Member Info for sundancer

of course, i don't mean northern foods would be interested in europe. =) i meant buy UNIQ while it's on the cheap, then sell off European operations anyway. there will be no opposition from UNIQ management because that was already on the roadmap. once UNIQ consolidates and completes these moves, the share price will probably be above 20p.

don't think u are serious but i just happen to work in tech. try www.laptopsdirect.co.uk if u are price conscious. besides shares, part of my day job is also to research market trends and review laptops for my company. i wanted to top up when EML dipped below 5p recently but d*mn...had my funds all tied up!

have held for 2 months but no more. all the best for those still in here.

interesting, but i reckon if i was northern foods, i'd rather make an offer now while the shares are cheap.

it was the director purchase that upped the price recently but it was actually credit suisse's 1.3m share purchase as mentioned by onedb. i thought he meant a previous RNS- just saw the one released yesterday. anyway, it's just another "sign" there shouldn't be a rights issue, which is my main concern. i don't think it will, but if it drops below 50p again, would be good to top up...if i can get some other funds out!

the Earl of Balfour, Lord Balfour, has been nominated to join the board as non-executive director and chairman of the board starting 1st July :- http://www.investegate.co.uk/Article.aspx?id=200906080700134944T After drawing a line under the Delta-T litigation fiasco, I reckon this is the first step moving forward towards rebuilding Bateman Litwin and regaining shareholder trust again. Lord Balfour also sits on the directorship of the world famous Rothschild investment banking service and a host of other companies. I don't think someone like that would agree to join a company that is going down. From here on, I'm assuming things can only get better as I see steps are being taken to regain investor trust, a few more contract wins would be good too) so I'm taking a position here. Anybody else here?

correct - i'm assuming the MM didn't have enough share liquidity for that director purchase so that is why the price shot up by 10p recently, then came back down within the same day after enough private investors have sold and the MM has filled that order. if the directors are still buying(although through an SIP) shares, i doubt a rights issue is on the cards for QED although i believe it will be a "last resort". asset sale is still the way to go, for QED(so far). so without dilution, there is still a chance this share could hit £4 again in the coming years.

this for some time and the time looks right-ish to make an entry now. but, i wonder why did the greaves(director) offload shares on the 29th of may? the share has taken a plunge since then...

i sympathise with u. but imo, if u don't need the cash, just hang on. i admit i feel tempted to pull out at a loss too, especially when i see other risers around me. but that single act doubles the risk of a(nother) loss. up to u, but i'm holding till next year...unless (if ever) i really need the cash which i hope i won't!

northern food didn't choose to stop supplying M&S on 9th june. the article appeared in fmcg enews on 9th may, not june. either way, all the potential development on UNIQ keeps this share interesting, imo. we just have to be patient. as for sale of marie, UNIQ said they will try to finalise by june so we should get an update within this month.

i thought i was the only one to hear that rumour. believe it or not, i called UNIQ, left a message and when they returned my call, I asked the lady who gave the standard "declined to comment" answer - can't blame her. my thoughts are this is entirely possible because northern foods gets a third of it's revenue from supplying M&S. on 9th june, they chose to stop supplying M&S and proceed closing down the fenland foods plant. the business model was not attractive enough for northern foods(because they supplied a smaller quantity). this means that northern food's lost market share is now eaten up by UNIQ! this does not include hain celestial's lost share of M&S business too. UNIQ is now the biggest beneficiary from M&S's ongoing supplier consolidation :- http://www.foodmanufacture.co.uk/news/fullstory.php/aid/8722/Uniq_picks_up_new_sandwich_business_from_M_S.html UNIQ doesn't have northern food's concern because they will be prolificly benefitting from economies of scale(google the term if u don't understand). losing a third of revenue is a major setback for northern foods. and now that UNIQ commands a much better piece of the cake(excuse the pun) from M&S and the company is still on the cheap, it is not entirely impossible that northern food will make a bid!

ex-divi in august? gosh, that's a long wait. fjp73, hard to concentrate on work when my sidebar contains all my shareholdings! =)

am at work at the moment - could you please let me know when is the ex-dividend date? cheers

more than USD$1 billion on their orderbooks, the share price appears to be quite low.

as of now, the deal is still speculation and exact details unknown(till tomorrow i suppose). telegraph & guardian reports BGI is going for £8bn but barclays wanted £12bn...in the end, the deal could still see barclays getting a proportionate stake in the combined investment firm, of 20%. i can only assume it will make no difference here perhaps because BGBL is just a small part of the $1 trillion of funds under BGI management.

of heading down the path of equity fundraising although it's a considered option. wyatt is now in talks to sell a further stake in wembley for £481.4m :- http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/5444962/Quintain-Estates-warns-of-material-uncertainty-over-future.html i think they are trying to raise this money through this wembley asset disposal, then renegotiate covenants again.

article on WSJ 3 days ago :- http://online.wsj.com/article/SB124397202782578277.html and that news appeared as early as 26th may :- http://www.guardian.co.uk/world/2009/may/26/china-invests-solar-power-renewable-energy-environment

http://www.investegate.co.uk/Article.aspx?id=200905150700112890S the weighted average loan-to-value is now 79% against a weighted average loan-to-value covenant of 76%. no loan breaches have been formally declared...yet. "in the event that lenders decide to enforce security where the loan-to-value exceed covenant levels, lenders can only seek recourse to the assets and any excess cash in the SPV holding the relevant assets after costs as defined in the loan agreements". as mentioned, i believe the banks will work with property companies, REITs, builders, etc. (hence, no announcement yet) because so many in real estate are at default or at least close to being at default. it will be crazy for the bank to kill all of these companies off and dispose of their assets one by one just to recover debt. if it was a company or two, the bank would probably bring the company down but we're talking about the whole industry here. moreover, at least RTY is still generating income, has low vacancy rate and seemingly reliable tenants - most losses are only due to impairment charges. RTY are just momentarily stuck at the bottom of a cyclical industry. if i was the bank, i'd rather wait a few more months to a year since i'd already refinanced myself with taxpayers money...or that's how it's supposed to work. the above is just an expressed thought, not hardcoded facts.

by barclays :- http://www.investegate.co.uk/Article.aspx?id=200906051556024781T are they acting on behalf of someone? seems silly to dispose of 14,538 shares only.

because rutley has breached the bank covenant. however, they are still running. the only danger is at any time, the bank can call in the administrators. i am inclined to believe that the banks will work with the property market instead of forcing them into adminsitration. this is because it is a lot more work for the banks to sell off/dispose properties or even manage the disposal. TW is a good example of a property builder that recovered. another one is IPI which is a property fund - they are far worse, having surpassed the covenant ratio by about 20%. but, they are still running and shares are still being traded on the market. i'm not stuck here but if i were and i don't need the cash, i'd write them off from my portfolio instead of selling at a loss. then, get down on my knees and pray. =) however, please don't take my word for it. if u have a big holding here, perhaps sell some shares off....just in case.