FONTY
- 31 Aug 2005 23:17
I have started a new thread with a more formal thread title for ease so that everyone gets a chance to get in on this one.
I have copied the last few day's postings from the 'no hobby mags' thread.
If Kelvin MacKenzie is going to make a killing so am I! It's about time I did.
FONTY - 28 Aug 2005 22:33 - 22 of 35
We don't want McKenzie going in through the back door - we want him to make a take over please!
lizard - 29 Aug 2005 09:13 - 23 of 35
only a matter of time imo!- i am sure he has the necessary people around him to make this happen.
FONTY - 30 Aug 2005 08:27 - 24 of 35
I think this is going to be my 2005 Iomart and I am going to enjoy Christmas - fingers crossed anyway. I am surprised this thread is so quiet. But then Kelvin McK has been clever acquiring stock at the most quiet time of year - the week before August Bank Holiday when every man and their dog Spot and kids are in the South of France. Clever stuff.
I spent the weekend with a publisher friend and we went through the mags that HHO have - they have a few which can be really built up and sold for a fortune and the rest are dogs which need to be binned.
We can see what Kelvin is going to do and it is not difficult. HHO's websites are terrible and their subscriptions website is a disgrace - you have to work really hard to part with your money.
Look forward to this and wonder when others will join us Lizard and John50.
belisce6 - 30 Aug 2005 17:00 - 25 of 35
Fonty......i have been trying to work out their market cap, but can't find much on their website.......any idea what it is ?? (post restructure).
I assume that the final part of the current restructuring is the Board changes which are supposed to take effect at end of next month....
WOODIE - 30 Aug 2005 18:05 - 26 of 35
fonty what will you think he will do ,a full take over or a place on the board?
NielsJensen - 30 Aug 2005 18:11 - 27 of 35
Belisce6: I calculate they have around 317,330,979 shares so you can work it out from that.
FONTY - 31 Aug 2005 00:53 - 28 of 35
Woodie - I think he will really develop the lad mag Front and develop some of the prosperous titles - anything to do with boats etc and dump non lucrative titles like Old Steam Engines!
If I was him and I had the opportunity I would take the whole sad affair over completely and make a killing. Get a brilliant team together, marketing team, attractive leggy blonds with brains on board to develop the 'sexy and powerful' mags and hand it over to my friend. He would turn it around in a couple of years and make a few million.
Alternatively, he could try and get a place on the board but let's face it - a man like Kelvin McKenzie - would he really settle for that? If I was him I would want to get rid of the existing board and be the Chairman and create my own Board. I can't see him playing 2nd fiddle - he's not the sort.
FONTY - 31 Aug 2005 09:11 - 29 of 35
B6 - Market Cap is 9 mil - all the best
WOODIE - 31 Aug 2005 10:48 - 30 of 35
fonty what do you think the take out price would be as the last rns has not moved the s/price much.
FONTY - 31 Aug 2005 13:11 - 31 of 35
I wouldn't like to say but I bought in yesterday and I would like to see myself doubling my money at least but wouldn't we all.
FONTY - 31 Aug 2005 16:23 - 32 of 35
17% up from this morning - just made 1K so hope this is just the beginning.
Snip - 31 Aug 2005 16:28 - 33 of 35
I bought this morning on the basis of this chart. The p+f target is so high that it is off my screen
lizard - 31 Aug 2005 19:10 - 34 of 35
didn't they recently reject a 10pps offer?- the company is now better positioned with game win.
ateeq180 - 31 Aug 2005 20:48 - 35 of 35
If thats the case we might hit 5p tomorrow,or not.
Thread List Earlier Posts All Posts
pumben
- 11 Sep 2005 16:27
- 103 of 185
In the Independent today it suggests that KM is already facing some opposition/disagreements, not sure what the details are though !! Could he go for a complete takeover if he gets too much opposition to his ideas ???
lizard
- 11 Sep 2005 19:24
- 104 of 185
i think i may get out of these tomorrow depending on open - may be one for the long term recovery but short term i am not that optimistic- these levels are due to takeover speculation not km joining the board.
ptholden
- 12 Sep 2005 23:21
- 105 of 185
Fonty
Pleased you made a good profit and your recent purchase hasn't cost you anything. My arguement would be that you have now possibly locked funds away into a company with poor potential in at least the short term when you could have used that money to generate more profit in another stock. Main thing though is that you are happy with your investment strategy.
Lizard
Hope you made the right call today. Out of interest, barring an unexpected surge, my short is now running a trailing stop loss and am in a no lose situation.
As always good luck to those holding the faith
pth
miah786
- 13 Sep 2005 11:40
- 106 of 185
It may touch 3p today! imho
ptholden
- 13 Sep 2005 15:08
- 107 of 185
Why?
All the buys are small investors. Catch a falling knife?
pth
supermono13
- 13 Sep 2005 15:38
- 108 of 185
Highbury House Communications PLC
13 September 2005
Highbury House Communications PLC
('Highbury' or the 'Company')
Board Changes
This notice follows the announcement on 7 September 2005 of the appointment of
Kelvin MacKenzie as Executive Chairman to the board of Highbury and contains
certain information required to be disclosed in accordance with Schedule Two
paragraph (g) of the AIM Rules:
Full Name: Kelvin Calder MacKenzie
Age: 58
Current Shareholding in the Company: 62,895,000
Percentage of issued share capital: 19.89
Current Directorships: TalkCo Limited
Past Directorships (in the previous 5 The Wireless Group plc
years):
The Wireless Group Holdings Limited
talkSPORT Limited
Talk Radio UK Limited
TWG Impact Limited
TWG Payments Limited
The Wireless Group (ILRS) Limited
The Wireless Radio Company Limited
Newstalk 105.2 FM Limited
Signal Radio Limited
Radiowave (Blackpool) Limited
Imagine FM Limited
Swansea Sound Limited
Pulse FM Limited
Valley Radio Limited
Independent Radio Group Limited
96.3 QFM Limited
Allied Radio Limited
102.4 Wish FM Limited
Switch Digital (London) Limited
Switchdigital (Scotland) Limited
TWG-EMAP Digital Limited
TWG-EMAP Digital (B&H) Limited
The Digital Radio Group (London) Limited
Soccerbet Limited
Wyke FM Limited
New City Radio Limited
Forever Broadcasting Limited
Grand Central Broadcasting Limited
Wolverhampton Area Radio Limited
Tower 107.4 FM Limited
Forever Broadcasting Digital Radio Limited
Newport FM Limited
Torbay 106.8 FM Limited
Alltalk FM Edinburgh Limited
Alltalk FM Limited
Armada FM Limited
Ashford FM Limited
Norwich 99.9 FM Limited
Alltalk FM Solent Limited
Town & Country Broadcasting Limited
Radio Advertising Bureau Limited
Off The Telly Productions Limited
Wave 105 FM Limited
MLR 87.7 FM Limited
TWG Digital Limited
Flame Radio Limited
City SportsRadio Limited
Radiostore Limited
The Sports Station Limited
Big FM Radio (West Midlands) Limited
White Rose Regional Radio Limited
Therapy Street Limited
Therapy Street.com Limited
Psychic TV Limited
World Interactive Television Limited
Kellypops TV Limited
Save as disclosed in this announcement, Kelvin MacKenzie has confirmed that
there are no further disclosures required pursuant to Schedule Two paragraph (g)
of the AIM Rules.
Contact:
Mark Simpson, CEO 020 7608 6600
This information is provided by RNS
The company news service from the London Stock Exchange
Crikey !!!!
Kelvin's had more directorships that I've had hot dinners !!!
Mono
FONTY
- 13 Sep 2005 17:01
- 109 of 185
ptholden
I know where you are coming from but I am relieved that I have locked away my dosh for a 12 month return. As you know you lose on more than you win on and I am relieved to just buy at a very low price and sit back and not be so obsessive on the computer! I know from experience such as Iomart and Atkins that if I had just sat on stocks for the longer term I would have made a ton so trying to do half long term strategy lock in and carry on with the short term excitement. I know KM will do it but patience is not my best virtue however this is too good an opportunity and I have knowledge in the subject this time.
ptholden
- 13 Sep 2005 17:11
- 110 of 185
Fonty
Best of luck to you. Quite a good day today for the Bulls, although the majority of the buys looked like smaller investors.This is still being ramped all over the place and inevitably many will be sucked in, for better or worse remains to be seen. From my perspective, I was quite happy to see the 2M sells, although slightly tempered by the 1M late on. When all said and done, it will either go up or down, if it goes up my stop will kick in and I am no worse off and will use the dosh elsewhere. Not a company I would chose to invest in at the moment though, all too volatile after the last month or so.
pth
WOODIE
- 13 Sep 2005 17:45
- 111 of 185
have not got a postion now closed out last week this could go either way a lot depends on how long positive news takes to come out from the co
john50
- 13 Sep 2005 18:36
- 112 of 185
I will hold for the moment and see how things go
FONTY
- 14 Sep 2005 08:33
- 113 of 185
ptholden
My short term trade at the moment for fireworks is Thor Mining (THR)
ptholden
- 14 Sep 2005 08:44
- 114 of 185
thanks fonty, will take a look
britshare
- 27 Sep 2005 09:59
- 115 of 185
With the last of the T traders bailing out today, the price has bounced off the 2p support and looking like a very good play by Friday, when the results should be published. What is really anticipated is the chairmans statement which will accompany the results and reveal Kelvin Mackenzie's strategy.
Looking promising as both a short term and long term investment.
john50
- 27 Sep 2005 10:04
- 116 of 185
Buyers are back and volume is picking up today.
britshare
- 27 Sep 2005 11:13
- 117 of 185
This is going great guns now, I for one can't wait to see what Kelvin Mackanzie's future plans are.
Exciting times ahead for HHO!
ptholden
- 27 Sep 2005 12:14
- 118 of 185
Sorry guys, think ur all barking mad. Good chance the MMs will walk this up between now and Friday, shift some stock at a premium and then come the Results, bang, 20% mark down. It won't matter what KM says, the market will look at the numbers, (which everyone knows are going to be rubbish), and down the SP will go. if it even holds todays SP I will be amazed. If I'm wrong, there will still be plenty of opportunities to buy later, but wouldn't touch this with a barge pole at the moment. Take a look at those other disasters, EVS, YOO, etc etc.
Good luck
pth
WOODIE
- 27 Sep 2005 12:21
- 119 of 185
pt i agree its only good for a trading play if you can get the timing right pt have you still got your open position on if so you are doing well.what a lot of people forget is this is still down 50 % from the high a month ago if you brought there and still hold, it is not good sitting on a paper loss, some of you that are bullish how long do you think it will take to get back to this price and stay there my guess is it wont be this year.
ptholden
- 27 Sep 2005 12:33
- 120 of 185
woodie, closed my short a little premature, so watching from the sidelines now. But, I can't get out of my mind that the only reason this went up in the first place was based on a possible takeover. That seems to have gone now and the market will react to the figures. Just take a look at YOO and MOI as two examples where peeps have got all excited and the SP has been hammered. Talk about potential all you want, but its the numbers that count. Anyway good luck to the current holders, I think you might need some strong nerves. Hope I'm wrong though.
pth
WOODIE
- 30 Sep 2005 11:02
- 121 of 185
after the results this morning only a brave man will stick with this
Interim Results
RNS Number:0105S
Highbury House Communications PLC
30 September 2005
Highbury House Communications PLC
Interim results for the six months ended 30 June 2005
Highbury House, the UK publishing group, today publishes interim results for the
six months to 30 June 2005.
Summary:
* Revenues down 28.6% to #39.6m (2004: #55.5m)
* Revenues on continuing operations down 8.2% to #14.5m (2004: #15.8m)
* Group operating loss (before exceptional items, goodwill amortisation
and impairment) of #2.0 m (2004: profit #4.5 m)
* Operating loss on continuing operations (before exceptional items,
goodwill amortisation and impairment) of #0.8m (2004: profit #0.6m)
* Group loss before tax of #11.8 m (2004: loss #25.7 m)
* Disposal of consumer businesses and titles and US business to Future
plc for net proceeds of #28.7m; Highbury Business, Highbury Local and
certain other assets also divested for net proceeds of #13.7m
* Further rationalisation since the half-year end with disposal of South
African operations for #2.0m, disposal of Real Homes magazine for
#0.5m and closure of certain other titles
* Net debt reduced from #62.6m to #27.3m at 30 June 2005. Total bank
borrowings at 27 September 2005 are #29.5m.
* Kelvin MacKenzie appointed Chairman and Chief Executive; Mike Frey
appointed Chief Operating Officer
* Discussions with Highbury's lenders commenced to reduce bank debt and
restructure balance sheet
Kelvin MacKenzie, Chairman and Chief Executive commented:
"Our number one priority is to reduce bank borrowings and refinance this
Company. To this end, we are involved in detailed constructive talks with the
banks. It has been a very disruptive and testing time for everyone at Highbury,
but this business will now get the strong focus it needs."
they are to long to put all the details on here
ptholden
- 30 Sep 2005 11:13
- 122 of 185
should have had the courage of my own convictions and kept that short open :-(