driver
- 02 Mar 2006 15:23
robertalexander
- 03 Apr 2007 20:05
- 629 of 934
what am i missing?[its bound to be obvious but i cant for the life of me see what]. If/when COIL get taken over the new comapany, XTR,will give you a new share on the given ratio. fair enough i am with it so far. the RNS states that the 9 for 10 offer at the SP listed in the RNS on 16 mar gives a 30% premium. therefore if i was ,theoretically to lump in, then it would suggest a 30% instant profit[providing XTR dont dive on 1st day of trading.]
using current bid SPs and an arbitary figure to keep maths easy
90 COIL shares @3.75p=3.15
81 XTR shares @4.75p=3.85
this still leaves you in profit by approx 19%
is it as easy as this?if so why isn't everyone jumping on the bandwagon[this is why i think i am missing something]
any takers
Alex
moneyplus
- 04 Apr 2007 01:22
- 631 of 934
I''ve just bought into WHG wren homes as the sp is rising nicely since tranferring from ofex. It is profitable and paying a maiden div, has a large land bank and a steadily growing market as the only quoted builder of retirement homes and apartments for the comfortably off elderly. It looks a safe bet to me-any opinions?
cynic
- 04 Apr 2007 06:15
- 632 of 934
try buying Southern Cross (SCHE)
cynic
- 04 Apr 2007 06:21
- 633 of 934
Alan ..... in the long(er) term you are almost certainly right re UK house prices, though location is everything ..... in the short(er) term, i don't think there is much doubt that current house inflation will slow significantly and, if we run into any kind of recession or credit squeeze, there will be an awful lot of people being forced to liquidate their buy-for-let portfolios.
As for buying abroad, let alone locations like Bulgaria, then caveat emptor ..... Spain, with a supposedly quite sophisticated property market, continues to con many investors; France has some pretty frightening tax laws; Portugal has recently (i think) introduced tougher property taxes ..... so if you think buying property abroad is like money for old rope, be very aware that you could end up with a lot of old rope.
G D Potts
- 04 Apr 2007 10:41
- 634 of 934
Just on the subject of housing has anyone ever heard of Eatonfield (EFD)? I read a positive article recently and it seems they are a front runner in developing and building eco-friendly houses. Recently bought a 24 acre industrial site for 5 mil and then had it valued on the same day at 7 mil. Gordon Brown is also raising the stamp duty threshold on eco-housing to 500k, which only makes EFD's service/product more attractive and profitable, mrkt cap os fairly low at 33million. Could be a good long term investment IMO.
hewittalan6
- 04 Apr 2007 10:46
- 635 of 934
I've never heard of them, but eco-friendly is a good position in the market, currently.
However housebuilders have been forced by the government to ensure all their new builds are carbon neutral over the next few years and the introduction of efficiency ratings in the Hips packs means that they will all be eco friendly before long, so the niche dissappears. IMO
Not doubting EFD quality or suitability as an investment as I don't know them, but be aware of the coming changes.
Alan
moneyplus
- 04 Apr 2007 11:55
- 636 of 934
you are right about location Alan--I recently looked at a house in Polzeath Cornwall from the outside only-I hasten to add!! My dream location on the cliff and in need of renovation--offers over 1250000 and it was last on a bid os 1750000 with 3 bidders fighting between them!! now where are my seo and yoo shares when I need them?? ah well off to try to make another pound.....
moneyplus
- 04 Apr 2007 11:58
- 637 of 934
anyone in TOM--it's doing well and has the smell of a multi bagger for those with patience IMO.
G D Potts
- 04 Apr 2007 15:30
- 639 of 934
Just read the 1st page of this thread Driver and I hope you were patient, or at least heeded your own advice, and bought some CCT shares.
G D Potts
- 04 Apr 2007 15:34
- 640 of 934
thats a good point hewitt and I'll watch out for that but I reckon they may have built some invaluable expertise in the area already and have two more years to get even more. Early builders may look to EFD for advice or EFD may begin winning large eco-build contracts in the short term thus propelling them into becoming a big player in the long term! All IMO of course.
G D Potts
- 04 Apr 2007 19:12
- 642 of 934
May as well take the profit whilst its there
moneyplus
- 08 Apr 2007 12:21
- 643 of 934
My son is a 27 yr old officer in the Army leaving in Nov--07 and wants to go into the City. He needs to find out more about specific areas such as broking or trading so he can target his job hunting efforts. Can anyone help a bright and ambitious young man with a shadow day or advice?
moneyplus
- 11 Apr 2007 14:10
- 644 of 934
CFE and TOM are rising strongly today and I'm pleased to be back into NU. maybe sell in May won't apply this year??
moneyplus
- 12 Apr 2007 10:04
- 646 of 934
not in yet driver--I kept waiting for a sharp pull back which hasn't happened!! I'll get some when I have some funds.
moneyplus
- 12 Apr 2007 11:16
- 647 of 934
couldn't miss the party--I'm in for a few! I sacrificed my dcd to do it. vml look much more exciting.
robertalexander
- 13 Apr 2007 14:32
- 648 of 934
would anyone think me mad to trade SER for VML at this stage of the game?
Have held SER for ages and now in profit - just. have no spare cash and would like to get a 2nd stock in uranium before missing the boat- assuming it isnt too late.[already hold THR-not their primary tgt but will be soon i am guessing]
Alex