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

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

What a nightmare day - I had to take my friend to the hospital this afternoon as some bastxrd mugged her and broke her leg and she is six months pregnant for God's sake! The joys of living in Chelsea. Missed all the action! Managed to get out with profit but not as much as this morning - but friends come first of course. But all rather exciting - looks like it will plummet and then spring back but now the difficult bit is to know when to jump back in UGH - I can't bear the suspense!

Well if it plummets I guess the person who just bought 8.6m @4.15p will look pretty stupid? and if it wasn't KM and he does want more shares he won't beleive his luck. PTH, you sure point me towards some volatile stocks to watch.

Secrets making some money out of them Andy. :-)

I shall be making my exit first thing on Monday morning after the announcement as the directors feel the price is too high.


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.

For further information please contact:

College Hill 020 7457 2020
Tom Baldock/Adrian Duffield

This information is provided by RNS
The company news service from the London Stock Exchange

Very interesting reading this thread.
Charles, unless you have a clear profit already, don't you think its worth seeing who bought that 8.6m, if it was KM and he thinks its worth 4.15p won't the sp head back there?
Fonty, whats changed for you, a few days ago at a price around 3.3p you advised people that this was a chance for big profits due to a possible take-over, nothings changed other than the current board of directors reminding people of the companies situation and isn't it just that situation and low sp that might bring in KM fresh with 7m from a recent sale?
When you say plummet and bounce, did that happen yesterday and are thinking again on Monday, I suggest depends on that 8.6m buy at the end of day.

Charles, whilst respecting your decision to sell, why did you buy in the first place? Of course the SP is too high, it's a crap company and if you bought on fundamnentals then you should seek medical advice. This is all about what KM is prepared to pay for the company and whilst it won't be 10pps, it will be higher than the current level I think. The RNS has changed nothing except to shake out the easily panicked, no disrespect intended. Hopefully you will have made a profit and good luck to you. This isn't over by a long chalk yet!

pth

charles1952 is on the SEO thread making similar comments......i'm not taking much notice; as he/she seems rather too negative......perhaps with a short lined up on both SEO and HHO

I think HHO is definitely a traders share at the moment, all I know about HHO is that it has been a disaster zone but that someone respected within the media industry and with dosh aplenty seems to either want to place on the board to turn it around OR to take it over and overhaul the company into a profitable one.
If it wasn't for that last decent buy it may well have been further panic on Monday, apart from the fact that KM paid 3p a few weeks ago but with that big buy I expect that even if the panic merchants take it lower at open it will rebound, and if that buy plus others was KM the hare should be running again.
I read he might try to get 30% for a place on the board but others think he would prefer a take-over, I don't know enough to comment but its very interesting.
For what its worth, I reckon this should touch 5-6p during next week IF KM took advantage of the drop to fill his boots again on Friday.

andy if it was km buying on friday you will know by tuesday at the latest as it has to be declered in 2 trading days if no rns then expect downside.

Next week should be very interesting.

jjohn50, are you comfortable with your getting back in at 3.60p?

andy,yes i did not sell all my holding on Friday to buy back in i held on to 100k at 2.80 i will be watching very closely first thing on Monday to see how it goes