bosley
- 20 Feb 2004 09:34
wilbs
- 09 Feb 2005 15:23
- 941 of 27111
Beat me to it dexter!!
dexter01
- 09 Feb 2005 15:27
- 942 of 27111
afternoon wilbs,
I only bought back in this am, don`t really know too much, is this RNS good news?, apologies for sounding thick!
Dexter
wilbs
- 09 Feb 2005 15:33
- 943 of 27111
The way I read into it is that Asda wants it all to themselves?
I am not sure about the placement. What affect will this have on the sp?
Sorry for sounding thick to!
wilbs
jimmy b
- 09 Feb 2005 15:36
- 944 of 27111
That sounds a bit crazy, Asda having it all to themselves..
dexter01
- 09 Feb 2005 15:36
- 945 of 27111
wilbs,
is that TO as in go to , or TOO as in as well as ??, whatever it is this is certainly exciting !!!.
dexter
L2 5 v 6 all blue
Fred1new
- 09 Feb 2005 15:37
- 946 of 27111
Total shares prior to placement about 843million. Dilution is minimal, but the have working capital or cash enough to survive. Also K Peel have been over the books with a spy glass and microscope and think it is worth at least 12.8p a share which is a cushion to land on!!!
Jacks
- 09 Feb 2005 15:39
- 947 of 27111
Eric, like you can't believe people a dipping out before the sahre price hits 20p. It's difficult to me to give too mauch onformation because I work in the packaging industry, but this is causing major waves. Hold tight and we can all make a killing. Bought some more this afternoon, now have a range from 4p to 15p.
Paulo2
- 09 Feb 2005 15:40
- 949 of 27111
Minimal dilution but placing 38m shares must have been holding the SP back slightly so I guess now it could fly again!
AdieH
- 09 Feb 2005 15:41
- 950 of 27111
so jacks you don't think the placing will dilute existing shares, price moving up on the release of RNS, i'm confused...
wilbs
- 09 Feb 2005 15:41
- 951 of 27111
Fred1new,
thanks for that.
dexter,
I told you I was thick!! I blame it on a typing error.
I wonder what is going on with the other trials?
wilbs
regandjess1
- 09 Feb 2005 15:42
- 952 of 27111
My opinion (for what it's worth) is this is a good RNS. The placing took place at above yesterdays closing price, which shows confidence in the company and also, if asda take up the rights to use it exclusivly, I think they would have to pay extra for that otherwise seo would be better selling it to all and sundry.
regandjess1
- 09 Feb 2005 15:46
- 953 of 27111
There's the second RNS, option for 60 days.
AdieH
- 09 Feb 2005 15:49
- 954 of 27111
Yes don't forget asda are owned by WalMart so it wont be exclusivity to just Asda it would include the parent company (I think). Maybe thats why Asda wont the agreement because of parent company, if it is the case then this is huge because it opens up the whole WalMart market...
Jacks
- 09 Feb 2005 15:52
- 955 of 27111
Adie, 38 million shares in normal circumstances would have a drastic affect, however these are not normal circustances. We have a company who have gained a major competitive advantage over the rest of the packaging market. I know I keep banging on about it but this is potentially huge. The extra shares at above yesterdays price only demonstrates confidence as the price looks to be pushing on again.
Tesco and Sainsbury will get the technology through contract packers, believe me they will not let ASDA steal their thunder.
dexter01
- 09 Feb 2005 15:52
- 956 of 27111
wilbs,
The way i read it is, Asda want to be the first chain to use this technology, remember they are huge, i think the trials will still continue with the other companies. If one co. can be the first to use it,it gives them a boost and any little bit of an advantage can mean a lot in this field IMO
Dexter
brain2brain
- 09 Feb 2005 15:56
- 957 of 27111
Couldn't wait any longer. I had to get in (14.94). I may have got the timimg wrong in the short term but everything I read suggests there is lots of room for growth long term.
Cheers
B2B
regandjess1
- 09 Feb 2005 15:58
- 958 of 27111
adieH....yes, the option is just for the UK and Ireland, if Walmart want to use it the US that would really set this share alight.
wilbs
- 09 Feb 2005 16:00
- 959 of 27111
I read on the other side that wal-mart do not sell food. Does anyone know if this is true? I have looked on their web site and there seems to be everything else there except food.
wilbs
dexter01
- 09 Feb 2005 16:03
- 960 of 27111
wilbs,
walmart sell everything!!
dexter