Wiggins is a property group turned airport operator.

They currently own land at and or will operate 8 airports(planestations).

These are

Manston in Kent
Lahr in Germany
Parchim in Germany
Cuneo in Italy
Odense in Denmark
Smyrna in the US
Pilsen in the Czech Republic
Ajman airport

The main initial focus is on cargo operation manston is currently the 7th biggest airport in terms of cargo weight in England. cuneo is the only Airport that currently has scheduled services from 3 febuary there will be 3 flights a day to Rome and 1 flight a day to Strasbourg in the summer there will be charter flights.

As well as the airports Manston still has a valuable non airport related land bank which it plans on selling/developping and using the money generated to invest in the planestations.

yep

Paul Merson would of been proud of that straight line on the charts today!!!

i read today that wiggins are to change them name to PLANE STATION lets hope they make a better go of it ?

I see that somebody bought 3,000,000 Wiggins shares today - and no it wasn't me.
Whoever it was does that represent blind optimism, sheer bravery or some really good solid "inside" information?

Hopefully the latter!!

Loads of sells this morning!!!

Remember some big names have stakes in Wiggins, and have bought since re listed
D.Y.O.R you will be surprised and feel more confident with this stock.
From little acorns DO BIG OAK TREES GROW.

All

An FT comment from website

Wiggins has suffered more turbulence in the past couple of years than a single engine Cessna trying to land at Manston in heavy crosswinds. Quite how a property development company managed to show so much red in its books at such a good time for that sector does not inspire confidence. That said, it was partly a casualty of bad timing. So perhaps the new focus, new name, and, eventually, a new chairman, will restore some lustre to the shares, which closed down _p at 4_p yesterday

:)))))

Melbourne will be a great money maker as will London racecourse when permission
granted.rgds aj

Its all looking good for medium / long term

:)

I agree -- unless we are deluding ourselves.
I think/HOPE private investors are panicking.What do you think ? rgds aj

There are a lot of sells today of fairly large ammounts so assuming that you are correct once these are flushed out it should take steady rise??

We are definately not deluding ourselves.
:)

Just a few sells Aj
It will get better
:)



Next

Time Price Quantity Type Bid Offer Buy/Sell Total Buy Total Sell Total Unknown
12/12/03 13:48 3.5 17,391 O 3.5 3.75 Sell 1,901,561 8,372,906 1,618,085
12/12/03 13:47 3.5 10,003 O 3.5 3.75 Sell 1,901,561 8,355,515 1,618,085
12/12/03 13:44 3.5 5,947 O 3.5 3.75 Sell 1,901,561 8,345,512 1,618,085
12/12/03 13:44 3.51 40,000 O 3.5 3.75 Sell 1,901,561 8,339,565 1,618,085
12/12/03 13:42 3.62 750,000 O 3.5 3.75 Sell 1,901,561 8,299,565 1,618,085
12/12/03 13:39 3.5 8,650 O 3.5 3.75 Sell 1,901,561 7,549,565 1,618,085
12/12/03 13:37 3.51 6,000 O 3.5 3.75 Sell 1,901,561 7,540,915 1,618,085
12/12/03 13:30 3.5 9,523 O 3.5 3.75 Sell 1,901,561 7,534,915 1,618,085
12/12/03 13:29 3.6 100,000 O 3.5 3.75 Sell 1,901,561 7,525,392 1,618,085
12/12/03 13:29 3.67 61,500 O 3.5 3.75 Buy 1,901,561 7,425,392 1,618,085
12/12/03 13:25 3.54 100,000 O 3.5 3.75 Sell 1,840,061 7,425,392 1,618,085
12/12/03 13:21 3.75 5,000 O 3.5 4.0 ? 1,840,061 7,325,392 1,618,085
12/12/03 13:20 3.58 100,000 O 3.5 4.0 Sell 1,840,061 7,325,392 1,613,085
12/12/03 13:20 3.58 100,000 O 3.5 4.0 Sell 1,840,061 7,225,392 1,613,085
12/12/03 13:18 3.5 45,000 O 3.5 4.0 Sell 1,840,061 7,125,392 1,613,085
12/12/03 13:12 3.58 100,000 O 3.5 4.0 Sell 1,840,061 7,080,392 1,613,085
12/12/03 13:12 3.5 18,000 O 3.5 4.0 Sell 1,840,061 6,980,392 1,613,085
12/12/03 13:12 3.58 100,000 O 3.5 4.0 Sell 1,840,061 6,962,392 1,613,085
12/12/03 13:12 3.58 100,000 O 3.5 4.0 Sell 1,840,061 6,862,392 1,613,085
12/12/03 13:12 3.58 100,000 O 3.5 4.0 Sell 1,840,061 6,762,392 1,613,085
12/12/03 13:11 3.5 14,269 O 3.5 4.0 Sell 1,840,061 6,662,392 1,613,085
12/12/03 13:08 3.75 6,014 O 3.5 4.0 ? 1,840,061 6,648,123 1,613,085
12/12/03 13:08 3.5 7,907 O 3.5 4.0 Sell 1,840,061 6,648,123 1,607,071
12/12/03 13:07 3.5 15,000 O 3.5 4.0 Sell 1,840,061 6,640,216 1,607,071
12/12/03 13:04 3.58 19,950 O 3.5 4.0 Sell 1,840,061 6,625,216 1,607,071
12/12/03 13:02 3.5 90,000 O 3.5 4.0 Sell 1,840,061 6,605,266 1,607,071
12/12/03 13:01 3.55 20,000 O 3.5 4.0 Sell 1,840,061 6,515,266 1,607,071
12/12/03 12:58 3.75 39,404 O 3.5 4.0 ? 1,840,061 6,495,266 1,607,071
12/12/03 12:57 3.55 10,905 O 3.5 4.0 Sell 1,840,061 6,495,266 1,567,667
12/12/03 12:55 3.5 37,155 O 3.5 4.0 Sell 1,840,061 6,484,361 1,567,667
12/12/03 12:47 3.62 450,000 O 3.5 4.0 Sell 1,840,061 6,447,206 1,567,667
12/12/03 12:44 3.53 94,369 O 3.5 4.0 Sell 1,840,061 5,997,206 1,567,667
12/12/03 12:41 3.53 100,000 O 3.5 4.0 Sell 1,840,061 5,902,837 1,567,667
12/12/03 12:41 3.6 22,516 O 3.5 4.0 Sell 1,840,061 5,802,837 1,567,667
12/12/03 12:34 3.5 400,000 O 3.5 4.0 Sell 1,840,061 5,780,321 1,567,667
12/12/03 12:28 3.58 50,000 O 3.5 4.0 Sell 1,840,061 5,380,321 1,567,667
12/12/03 12:27 3.5 50,000 O 3.5 4.0 Sell 1,840,061 5,330,321 1,567,667
12/12/03 12:24 3.58 80,050 O 3.5 4.0 Sell 1,840,061 5,280,321 1,567,667
12/12/03 12:20 3.58 130,000 O 3.5 4.0 Sell 1,840,061 5,200,271 1,567,667
12/12/03 12:16 3.55 500,000 O 3.5 4.0 Sell 1,840,061 5,070,271 1,567,667
12/12/03 12:14 3.55 84,747 O 3.5 4.0 Sell 1,840,061 4,570,271 1,567,667
12/12/03 12:13 3.55 15,000 O 3.5 4.0 Sell 1,840,061 4,485,524 1,567,667
12/12/03 12:10 3.92 12,372 O 3.5 4.0 Buy 1,840,061 4,470,524 1,567,667
12/12/03 12:08 3.79 10,000 O 3.5 4.0 Buy 1,827,689 4,470,524 1,567,667
12/12/03 12:08 3.55 49,000 O 3.5 4.0 Sell 1,817,689 4,470,524 1,567,667
12/12/03 12:05 3.75 100,000 O 3.5 4.0 ? 1,817,689 4,421,524 1,567,667
12/12/03 12:03 3.8 108,359 O 3.5 4.0 Buy 1,817,689 4,421,524 1,467,667
12/12/03 12:02 3.5 500,000 O 3.5 4.0 Sell 1,709,330 4,421,524 1,467,667
12/12/03 11:58 3.55 24,000 O 3.5 4.0 Sell 1,709,330 3,921,524 1,467,667
12/12/03 11:57 3.5 900,000 O 3.5 4.0 Sell 1,709,330 3,897,524 1,467,667
Next

Wiggins

Proposed placing of up to 1,03,750,000 shares of 1p each at 4p per share proposed placing of 6,550,00 8% convertible unsecured loan stock 2010.


Regards G12

Hi G12
Thanks for so much quality information.
Stabilised @ 3.62 now with only 1 m volume.I think/HOPE all the nervous holders
are gone.rgds aj

Note the new release from Wiggins ref. press speculation.

All

Worth checking WWW.wigginsgroupplc.com for full PDF download.

Regards G12

Socrates.What do you make of the press speculation/new release and do you
think this will have any effect on price ? rgds aj

ajren
I think the press speculation is a lot of uninformed hot air. I don't think the price will be affected until January when the placing etc. is signed, sealed and delivered. Frankly, I'm fence sitting. I don't know enough about Wiggins near future plans to make an assessment.

But let's face it, if Liverpool or Fairlop proceed to obtain planning permission there will be a sudden change in how Wiggins is perceived by the markets. Whether people dislike the current management or not, an asset that changes from next to nothing in the balance sheet to multi-millions cannot help but have a considerable impact on valuation and subsequently the share price.

In the meantime, airports are gradually starting to inject income into the balance sheet. Every pound earned is a pound less debt.

I tried to scan an article in the local rag on Friday but was unsucessful.

The current chairman is due to standdown when a replacement has been found.

And Wiggins have reduced their current debt i think by 12m


Regards G12