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.
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Thankyou very much HHO, can't see any need for that RNS, has kicked the arse out of the SP. Fortunately, stop loss has meant getting out even. All that seems to have achieved is for Mckenzie to stake build at much lower prices. Must be laughing himself to bits.

Nothing has changed, but look at them all falling over themselves to sell. Totally amazing.

i had the same with alk and now hho- alk has bounced i would expect this to do the same v frustrating as have been watching like a hawk. a total over reaction why the panic?.

Becuase small investors didn't appreciate that nothing had changed Lizard and had completely forgotten why they bought in the first place. It certainly wasn't based on the fundamentals and only on the take over play. From a personal standpoint, I am hugely frustrated as I probably would have taken profits this morning had I been at home. Walked in, just in time to watch my stop barely hit and have had to start again. I think you are right that it will bounce and indeed is in the process of doing so.

pth

the 4.6million share T-trade buy was soon followed by a 1million share T-trade buy (i think) - that's almost 1.7% of market cap.

may close at 4p?- if i had more available funds would have bought more when 3.5 3.6 spread.

Well, if HHO wanted to help Mckenzie snap up the company on the cheap, that RNS has done him a huge favour. What a farce!

pth

was looking at previous news when future plc 10pps share fell through.

Highbury House Communications PLC
02 September 2005


Highbury House Communications PLC
("Highbury" or the "Company")

Re. Share Price Movement

The Board notes the recent press coverage concerning the Company and the
continued upward movement in the Company's share price together with the
continued significant share trading volumes. As a result, the Board feels it is
appropriate to remind existing and potential new shareholders of the financial
position of the Company as documented in the Circular to shareholders dated 31
May 2005 and updated in the announcement released by the Company on 8 August
2005.

a great way to p**s us off for the weekend!

2nd Sept 2005

LONDON (AFX) - Shares in Highbury House Communications PLC lost 15 pct of
their value this afternoon after the troubled consumer magazine publisher
punctured hopes that ex-Sun editor Kelvin MacKenzie will launch a takeover bid
for the company, dealers said.
The group, which was forced to sell the majority of its titles earlier this
year after it ran into financial trouble, has enjoyed a meteoric rise on the
stock exchange in recent weeks after it emerged that MacKenzie had built a near
20 pct stake in the company.
From a low of 0.42 pence in early August, shares in the owner of the lads'
magazine Front rallied to 4.40 pence by yesterday evening, fuelled by hopes that
MacKenzie would launch a formal bid for the company.
However, the stock dropped to 0.65 pence to 3.75 pence by 4.10 pm after
Highbury House this afternoon "reminded" investors that its financial position
was exactly the same as it was in early August, when it told the stock exchange
that a painful restructuring programme was still underway.
"What Highbury House is trying to do is introduce a dose of reality and
caution into this story," an insider told AFX News.
"The shares have risen over 60 pct in the last two sessions to over 15 mln
stg, which is in no way justified for a publisher that will probably only book
revenues of 10 mln this year

That was fun sold at 4.30 bought back at 3.60

Panic!!!! and then 8.6m buy after the bell - hmmmm.
Will there be an RNS on Monday? and if it is Mr Mackenzie those who did panic will be very pissed off IF they took a loss on the chin. IF it was KM then the board of HHO did him a big favour. Fun and games with this one for a while?
Question I have, say if KM does launch a takeover, I understand there are large debts, how much are they and could he cope?

Don't know about any fun Andy, picked the wrong day to go and play golf! Doh!!

Pete, would you expect sp to recover on Monday after those large late buys?
Do you think it could be KM and the speculation will return next week?
If so, John50 played a blinder.

dont expect 10p a share bid as what as been put around on other b/b over the last few days.

Andy

Clearly many 'investors' jumped on this particular bandwagon (as did I) in the expectation of a take over at a greater SP than is currently the case. The RNS from HHO was a complete distraction that totally panicked the smaller investors and many would have lost money and will perhaps not risk their hard earned twice. Therefore I think the buying pressure will be somewhat reduced next week and I will be surprised if we see similiar volumes from the small punter. However, the 8.6mil trade was not delayed or protected and indeed does look like a Buy, so it would appear that the game is still on. Generally any completion of a takeover from the initial rumours to the actual completion takes an age and often the SP goes through the mangle in the process. I did not expect this to be a straightforward investment and certainly today lived up to expectations, although I would have preferred it had not happened.

Thankfully, I was able to set my stop just above my purchase price and not lose out. I was expecting some volatility today and the stop was set more as protection rather than any thought it might actually be hit. In the end I lost just two transaction fees. It has certainly taught me to set a limit to lock in profits in future!!

I suppose the plus is that I have bought back in at a lower SP than yesterday, but really should have done what john managed to do. (4 figure profit down the drain in a matter of minutes, funny old game this!).

In summary, the KM business isn't going to go away in a hurry and I still expect to see substantial upside. Will probably be a rocky old ride though. Hope to see a RNS on Monday stating that KM has increased his holding.

DYOR etc

pete

Can't see a 10p bid whilst accumulation at sub 5p is possible BUT and IF (two big words) KM is attempting a take-over at what point would he be able to do so?
If he isn't interested in the business, why buy such a large stake UNLESS he's taking the piss, buy 20m shares for 3p and sell for 4-5p once speculators take it up? If he launches an attempt to buy the company, what will realistic likely take-out price be?
These are the questions that new and potential investors should ask, the RNS today had to happen becuase as far as the board are aware there has been no approach and they are going through a difficult time BUT either someone else got carried away with 8.6m buy or it played right into KM's hands IF it was him.
I know sod all about this, just taking a look as much activity. It looked like some burnt fingers in process or on the way at 4.30pm but that large buy at the end could set things running again with a new benchmark? BUT what do I know?

I think we were both typing at the same time Pete and agreed, either a deep-pocketed PI getting carried away or KM has another 8.6m.

Or perhaps someone else who knows that an offer will be made and is making sure they are on the same bandwagon as everyone else, albeit with a bigger stake? I don't think KM is messing around, but then that is just my opinion. If that buy was KM's, then there will have to be a RNS on Monday, assuming that particular order is filled and off we go again.

pth