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
andysmith
- 02 Sep 2005 22:20
- 44 of 185
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.
ptholden
- 02 Sep 2005 22:55
- 45 of 185
Secrets making some money out of them Andy. :-)
Charles1952
- 03 Sep 2005 05:16
- 46 of 185
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
andysmith
- 03 Sep 2005 10:55
- 47 of 185
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.
ptholden
- 03 Sep 2005 19:13
- 48 of 185
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
belisce6
- 03 Sep 2005 19:31
- 49 of 185
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
andysmith
- 03 Sep 2005 22:59
- 50 of 185
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.
WOODIE
- 04 Sep 2005 08:46
- 51 of 185
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.
john50
- 04 Sep 2005 09:59
- 52 of 185
Next week should be very interesting.
andysmith
- 04 Sep 2005 10:22
- 53 of 185
jjohn50, are you comfortable with your getting back in at 3.60p?
john50
- 04 Sep 2005 11:47
- 54 of 185
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
WOODIE
- 04 Sep 2005 11:55
- 55 of 185
been watching other bbs looks no mention in todays papers
john50
- 04 Sep 2005 13:24
- 56 of 185
Woodie, as you said if KM is buying it will be Monday afternoon or Tuesday before we get RNS, maybe some one else has similar plans to KM
WOODIE
- 04 Sep 2005 13:42
- 57 of 185
live in hope john would be interesting if another party comes in there might be a white knight or the big buy friday could be directors dealing.
lizard
- 04 Sep 2005 14:23
- 58 of 185
tomorrow 's open is a tough call may see small sell off then bounce?- but us holders will hope for a bounce back to fridays levels- tipped as good value in inv chronicle.
andysmith
- 04 Sep 2005 14:43
- 59 of 185
It will be very interesting, funny how an RNS saying nothing new spooked people though and then follows another big buy, 2.5-3.0% of company?
Recent RNS had the same affect on ALK, are companies forced to comment on sp's that rise without news? An RNS on MDW recently caused nervous folk to bale, that was just about retired directors taking options and guess what, MDW recovered and it was a brilliant buying opportunity, the interesting thing with HHO was that there was even more buying when the sp dropped. HMMM. what to do?
WOODIE
- 04 Sep 2005 16:01
- 60 of 185
lizard it was tipped at a lot lower then now in ic
FONTY
- 04 Sep 2005 18:13
- 61 of 185
Yes indeed ho hum oh what to do - just jump in again I think - wait for the dust to settle for the first half hour and go for it. Mind you the late trade of 8 million seems to have brought it all back up!
Good luck everyone. I am setting my alarm.
ptholden
- 05 Sep 2005 07:13
- 62 of 185
Probably not the RNS expected, but just added to the cash value of the company.
Highbury House Communications PLC
05 September 2005
Highbury House Communications PLC
('Highbury' or 'the Company')
Disposal of South African contract publishing operations
Further to the Circular to shareholders dated 31 May 2005, Highbury House
Communications PLC today announces the disposal of its South African business,
Highbury Monarch Communications Pty Limited, to Corvest 4 Pty Limited, a
subsidiary of RMB Corvest, for a total cash consideration of Rand 24 million
(approximately 2.06 million).
The business generated a divisional profit before group overhead allocation of
0.8 million in the financial year ended 31 December 2004 and had a net book
value of 1.4 million at 31 July 2005. Although profitable, the South African
contract publishing operation faced very difficult commercial challenges that
the board believes would have begun to erode shareholder value and distract
management from Highbury's core operations.
The transaction is in line with the Board's stated strategy of disposing of
non-core assets and focusing Highbury's operations on its core entertainment
titles. The proceeds will be used in the normal course of business and to reduce
group net indebtedness.
john50
- 05 Sep 2005 07:18
- 63 of 185
2.06 million not a lot to put in the bank for KM.