Member Info for Tomo1980

The share issue is virtually irrelevant. Take a look at the numbers of shares being issued compared to what is outstanding.

To see Tony Rice buy another 2,500,000 shares

The most manipulated stock on the market I think. Looking forward to the results tomorrow so I can be put out my misery of having to put up with these irrational price moves

Are the MM's having a luagh with this one?

Your situation is similar to me with Taylor Wimpey. the rights issue meant for my investment level I was significantly over invested in the. I slowly drew down my position and have held through some frustrating times. If you believe in the company I would perhaps consider. selling and taking the cpaital gain. Diversify with the profits. If you believe in Pendragon you can always buy back in when the price is at the diluted level after the issue. Various options available and only you know your risk profile.

Yes you will be able to buy 9 new shares for every 8 you own at the price of 10p each. From my experience of a rights issue. ( Taylor Wimpey) The share price worked its way down towards the price of the rights issue offer. In the end there was still a discount but not near as much as much as what was stated at the time of the offer. I found it to be a bad thing. If you are holding the shares you really need to take up the offer otherwise your stock will be so diluted. With the current market cap divided by the new number of shares that will be in issue the price works out to be 11.5p and that doesn't make the offer look anywhere near as attractive in my eyes. As always do your own research though.

So glad I'm out of this one. That rights issue is serious dilution. At the current market cap the dilution would see the share price at 11.5p. If the past history of rights issues are anything to go buy I see the price of this stock being eroded away towards the 10p level.

Well, I am watching these with a lot of interest. I don't want to by just yet but these seem to be a stable company with a solid divided. Yes the profits were missing estimates but the profit is there the dividend is there and they are looking cheap. Although I personally don't use them there are many reasons why the public goes to Halfords. They IMO are a good solid brand.

I can't see this going below 400p A very strong company, sitting on a pile of cash. plenty of cash generation. Where is the bad news to warrant such a drop?

Fed up of this dropping off its highs. May get back in after the results / divi depending on what happens with the price.

Thoughts on this one please? Yield sustainable?

What went on with the drop earlier? Just the general drop of the market?

These are the dates I found whilst looking on TD Waterhouse Next prelim announcement 28- Feb- 2011 Next annual report due 12- Mar- 2011 Fingers crossed there is some good news. I have been holding onto these at a loss for far too long.

I foolishly got into these after they ramping rumour speculation (call it what you will) of the 23p offer. After these started going down I was quick to get out but left a small holding on the hope to recover some of the loss. Win some you lose some I guess.

Blowing off the cobwebs. Is there any life around here? I am interested in peoples long term speculative views.

I know ADVFN shows all sales / buys if they are executed on PLUS or LSE

what are peoples views on this? I have been looking through and despite the trading difficulties I believe it is a good strong company with great prospects. It has drive and continually seeks to grow and become the best at what it does? The full year report is out June and I just wonder if there will be much negative to report and if it could have a downward effect on the SP. I don't believe this would be the key to a quick buck but a sure and steady share when the tides begin to turn. I would be interested to hear the views of others. I am concenerned by the Debt though.

But I am going to hang on in there.

I have to say that guy really sppoked me earlier. I had to pop out of work for a couple of hours and couldn't keep up to date I read the post and went to sell looking at a loss of about £300. Barclays wouldn't let me seel which made me certain the story was true. After everything that has been said and a little research I am sure these will come back good and am holding for a while yet. Lesson one. Always always DYOR before listening to what is said by someone on here until you get to know them. I am already after a short time picking some people up as reliable sources. GL all. Night

What I do find frustrating is that why the hell will Barclays not let me sell. Will other peoples brokers let them see or are they getting errors also. It looks like the brokers can just fix things and manipulate them exactly as they see fit.