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
WOODIE
- 01 Sep 2005 07:20
- 4 of 185
john no rns write up in todays telegraph should see rise at open
WOODIE
- 01 Sep 2005 07:54
- 5 of 185
The Telegraph
Market report
By Yvette Essen (Filed: 01/09/2005)
Kelvin books more space at ailing publisher Highbury House
Troubled publishing group Highbury House Communications jumped 13pc yesterday as dealers speculated that former Sun newspaper editor Kelvin MacKenzie is looking to increase his holding further.
Mr MacKenzie is currently Highbury's largest shareholder, having amassed a 19.82pc stake in less than a month.
Traders reckon he is keen to return to the media industry, having left radio operator the Wireless Group after losing out to Ulster TV in a bidding war.
Volumes were heavy yesterday with 23m Highbury shares traded, compared with the daily average of nearer 4.5m. There was one large transaction of 2.95m shares at 2.9p, worth just shy of 1pc of the company. The shares rose 0.38p to 3.4p.
all ready up pre-market
FONTY
- 01 Sep 2005 08:34
- 7 of 185
Snip - great we have the chart back.
Hangon - agree - profit depends upon sp rising! The mags that are real 'dogs' may have some value but as far as any publisher or Kelvin is concerned dumping them is the sensible thing to do as they will not make money. Expanding on the ones which will make serious money will be the way to go.
john50
- 01 Sep 2005 08:34
- 8 of 185
Cheers Woodie bought another 100k at 3.60p
bristlelad
- 01 Sep 2005 08:48
- 9 of 185
hi lads/dream ON// this company has still got crap management they are useless AND THEY LOST ME ALOT OF MONEY/////
Snip
- 01 Sep 2005 08:50
- 10 of 185
bristlelad
follow the market. You need to get your timing right
I just wrapped up a profit but will buy again later
FONTY
- 01 Sep 2005 09:15
- 11 of 185
Bristlelad
Absolutely terrible that's why Kelvin wants to buy it and take it over! Don't be bitter just because you lost money on it - we all lose money on shares.
john50
- 01 Sep 2005 13:39
- 12 of 185
Up 19% buyers cant get in fast enough
bristlelad
- 01 Sep 2005 14:03
- 13 of 185
hi FONTY/ WHO SAYS KELVIN WANTS TO BUY//// HE IS ALREADY IN PROFIT all he needs to do now is to SELL IN SMALL LOTS before you lot find OUT////
john50
- 01 Sep 2005 15:56
- 14 of 185
Gingermagician over on advfn has it on good authority that the 4 million T trade is KM, and there is another large trade to come
ptholden
- 01 Sep 2005 16:24
- 15 of 185
The bid has just overtaken the offer!
john50
- 01 Sep 2005 16:35
- 16 of 185
That was some day
john50
- 01 Sep 2005 18:49
- 17 of 185
Article in the London Evening Standard, HHO put on 1p or 30% with rummers KM was increasing his stake
lizard
- 01 Sep 2005 19:54
- 18 of 185
increase stake and buy them out- goodnight!
FONTY
- 01 Sep 2005 21:57
- 19 of 185
Bristlelad - I pointed that one out to my publisher super guru and he said that Kelvin wouldn't settle for making 400K - he is able to make far more and also he is in the right place and the timing is right for him to get on with a new project. Also geographically Highbury House is very convenient for him.
Anyway I don't particularly care - I am going to put a trailing stop order on it and make money. I am up 43% so will help with all my other losses! Hopefully by the end of the year I will be up enough to buy a Christmas tree.
bristlelad
- 02 Sep 2005 08:36
- 20 of 185
hi fonty// I WISH YOU WELL BUT BEWARE/
FONTY
- 02 Sep 2005 10:17
- 21 of 185
Thank you - This is a very short term one with a trailing stop order!
belisce6
- 02 Sep 2005 15:39
- 22 of 185
strange RNS just went out......haha
followed by a T-trade 4.6million shares buy @ 4.63p........hmmmmmm
ptholden
- 02 Sep 2005 15:42
- 23 of 185
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.