Pendragon Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:PDG.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9265768 http://www.iii.co.uk/investment/detail?code=cotn:PDG.L&display=discussion&id=9265768&action=detail Wed, 08 Feb 2012 19:36:00 GMT Cleevelodge tag:iii.co.uk,2003:tst.9265651 http://www.iii.co.uk/investment/detail?code=cotn:PDG.L&display=discussion&id=9265651&action=detail Wed, 08 Feb 2012 19:00:00 GMT Swearword tag:iii.co.uk,2003:tst.9265424
It should happen soon I think.

Any thoughts guys?

Viv

By Vivan ]]> http://www.iii.co.uk/investment/detail?code=cotn:PDG.L&display=discussion&id=9265424&action=detail Wed, 08 Feb 2012 17:59:00 GMT Vivan tag:iii.co.uk,2003:tst.9261689 http://www.iii.co.uk/investment/detail?code=cotn:PDG.L&display=discussion&id=9261689&action=detail Wed, 08 Feb 2012 07:23:00 GMT josrael tag:iii.co.uk,2003:tst.9256991
Certainly capable of a movement upwards although a significant rise in the short term is only likely on rumour of a takeover By Expenman ]]> http://www.iii.co.uk/investment/detail?code=cotn:PDG.L&display=discussion&id=9256991&action=detail Tue, 07 Feb 2012 09:05:00 GMT Expenman tag:iii.co.uk,2003:tst.9247531 Thanks for the update, will watch with interest. Would love to think that after all these years we may at least get something out of the dragon apart from a lot of hot hair. Sounds as though i may be a bit better, my average share price is 4.25p managed to buy a load when they were around the 1.5-2.0p barrier which brought my average down loads. Would love to see this up around the 50p mark, dont laugh, its been there once so why not again at some stage.
Again thanks for your reply lets hope it goes steady northwards.

Fluff By fluff1954 ]]> http://www.iii.co.uk/investment/detail?code=cotn:PDG.L&display=discussion&id=9247531&action=detail Fri, 03 Feb 2012 22:34:00 GMT fluff1954 tag:iii.co.uk,2003:tst.9237862
The div payment will start if they satisfy some bank covenants. Since both debt level is going down and operating profits are reported to be improving, I expect a small interim div to be paid this year.

But we all hope to be rewarded by some takeover activity soon.

I have held this for a year or so now but bought a large stake at 7.35p so my average is down to 12p. I will hold it for longer unless the SP goes closer to 18p.

GL,

Viv By Vivan ]]> http://www.iii.co.uk/investment/detail?code=cotn:PDG.L&display=discussion&id=9237862&action=detail Thu, 02 Feb 2012 02:50:00 GMT Vivan tag:iii.co.uk,2003:tst.9236864
fluff By fluff1954 ]]> http://www.iii.co.uk/investment/detail?code=cotn:PDG.L&display=discussion&id=9236864&action=detail Wed, 01 Feb 2012 19:18:00 GMT fluff1954 tag:iii.co.uk,2003:tst.9235496 1 Feb 2012
http://bit.ly/AvFUYd By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PDG.L&display=discussion&id=9235496&action=detail Wed, 01 Feb 2012 14:25:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9234788
Also the 4 week volume shows trades of 77 million shares, but Odey accounts for only 24m of those. Others are also piling in in view of a takeover bid.

Viv By Vivan ]]> http://www.iii.co.uk/investment/detail?code=cotn:PDG.L&display=discussion&id=9234788&action=detail Wed, 01 Feb 2012 12:29:00 GMT Vivan tag:iii.co.uk,2003:tst.9234148 If no buyer is about in the time frame they have set then the shares will be off loaded at a substantial profit the small PI's that buy @ say 14p will see the price [in the later scenario] drop back to 10p ish.
What we want is for OAM to sell their stake on at a good price that keeps the ball rolling, and then the profits if any can be taken. DYOR [seen it before] By share hound ]]> http://www.iii.co.uk/investment/detail?code=cotn:PDG.L&display=discussion&id=9234148&action=detail Wed, 01 Feb 2012 10:42:00 GMT share hound tag:iii.co.uk,2003:tst.9231955
And yet even after the conversion of the CFDs completed on 30 Jan, there was trade of 11m shares on 31 Jan. That is they continue to buy large volumes.

Only explanation for this is that they are building a stake of 30% so that they can make a bid for the company.

Viv

By Vivan ]]> http://www.iii.co.uk/investment/detail?code=cotn:PDG.L&display=discussion&id=9231955&action=detail Tue, 31 Jan 2012 18:41:00 GMT Vivan tag:iii.co.uk,2003:tst.9229816 http://www.iii.co.uk/investment/detail?code=cotn:PDG.L&display=discussion&id=9229816&action=detail Tue, 31 Jan 2012 12:39:00 GMT Brookie Boy tag:iii.co.uk,2003:tst.9228557
For YE Dec11, EPS is estimated at 2.0p, With falling interest payments, I estimate the EPS to improve to 2.50p for this year and 3.0p for 2013.

Based on this, I think 20p will be a good fair value.

Viv

By Vivan ]]> http://www.iii.co.uk/investment/detail?code=cotn:PDG.L&display=discussion&id=9228557&action=detail Tue, 31 Jan 2012 08:34:00 GMT Vivan tag:iii.co.uk,2003:tst.9228298 http://www.iii.co.uk/investment/detail?code=cotn:PDG.L&display=discussion&id=9228298&action=detail Tue, 31 Jan 2012 07:40:00 GMT Cleevelodge