hawick
- 12 Mar 2004 15:13
Invest? If not.........What are your reasons? Lack of liquidity? Fear of a 'different' marketplace? Perhaps you feel wary as you feel you don't yet understand how it works, or your broker is either negative, or doesn't trade Ofex shares.
(Don't worry, most people have never heard of Ofex - perhaps that in itself is a reason!).
Are you then a 'lurker' who'd like to give it a go but aren't sure?
What is it that would convince you to finally give it a go, to buy your first ever ofex share? Or would you never do it?
Do tell! And do ask any questions you have. They don't bite!
goldfinger
- 26 Mar 2004 23:35
- 64 of 69
Must admiit Hawick Im tending to think more defensive at the moment and certainly will be I am sure come the mid to end summer. Im tempted.
cheers GF.
ThirdEye
- 27 Mar 2004 11:09
- 65 of 69
Not been spotted Hawick?
You have written about them on Sharecrazy, Unquoted, MoneyAM, ADVFN, Motley Fool, under Scotland, Hawick, Eyecatcher, Egoi & Eyecatchers, there the ones I know about. I think you must have mentioned them at least 15 times on Unquoted.
Sure have done a good job to get people interested, well done, but the lack of volume says all for me, investors just don't seem interested, I suspect half the volume recently is yours.
Contrast that with the volume of Britannia Finance & even institutions have got involved before the new market makers arrive....that speaks volumes.
Easily the best vlaue on Ofex imo Britannia Finance.
Btw well done for correcting your overstatement of circa 5m.
hawick
- 27 Mar 2004 11:26
- 66 of 69
There was no overstatement, so no apology from me, you appear to be suggesting cash is not part of a company's assets! As I have always stated, nav c.10 million. Total assets c47 million. The nav on my modest figures likely to be nearer 3quid a share in five years.
Britannia - which you have posted about under more than one name and many hundreds of times on many sites (hundreds is NOT an exaggeration quite possibly thousands), faces interest rates up, competition fears gathering pace and would any moral investor support a company that charges borrowers over 30%? I would not and there is talk of legislation to stop such practises in this area, long overdue imho!
ThirdEye
- 27 Mar 2004 11:53
- 67 of 69
I have posted loads correct mostly to answer questions & in debate, all under third Eye though, unless that username isn't available.
I was shouting about it @ 9p, & then Michael Walters picked up on it @ 24p, & then UK Analyst at 39p, obviously not on my own on the merits of Britannia.
The only recent negative posts, & hundreds of them are from 2 posters, yourself (egoi on ADVFN)& goldfinger (Oliverleftwingtit on ADVFN) who never appear to disagree. The ADVFN thread on Britannia makes very interesting reading the one with 940 posts.
If you don't wish to mislead on GSC it's very easy all you do is state 47m assets including 5m cash, which most responsible posters are happy to do.
goldfinger
- 29 Mar 2004 01:32
- 68 of 69
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hawick
- 07 Apr 2005 19:34
- 69 of 69
Interesting to read this thread a year on. Third Eye, suggesting you should buy Britannia at 39p, I was saying GSC at 65.5p made more sense.
Since then britannia had a swingeing profit warning and interims tumbled, but GSC has doubled its indicative nav.
And the shares have reflected the varying fortunes of the two companies albeit in different sectors. GSC now still well below new indicative nav btw. Still worth picking up. On the other hand, Britannia seem to be unable to cope with rising costs, despite an increase in business.
Incidentally unquoted-Analyst who third eye was so pleased at having a buy rating then on britannia have gone to a sell (and there now appears to be a big overhang) - and they have gone from no rating to strong buy on GSC.
Britannia now 28.5p
GSC now 168.5p.
Pleased to say my other two ofex holdings, Vicorp and PHSC are both at all time highs too. I think it proves with the arrival of competitive mms, good stock selection can be rewarded with few of the old risks on ofex!