Shares bombed - Advice pls

[T_Mar]

Anyonme that knows anything about the stock market tell me what the best thing to do is here, hold on or sell quick?


In the ongoing discussions with the Group's lenders, the Board, in conjunction with its advisers, has been working to identify ways to reduce significantly borrowings to levels that the Board believes can be supported by current market conditions and ensure that the Group has an appropriate and robust capital structure going forward.

The options being considered aim to create a stable and long term financial base which should benefit clients and employees in the long term, enable the Group to be more competitive in its chosen markets and assist in delivering the Group's strategy.

The work underway to establish the appropriate long term capital structure for the Group is now based on considering options which are likely to result in a material dilution for existing holders of equity.  Furthermore, the Group may not, in such circumstances, continue to satisfy the conditions for listing on the main market.



Shares bombed to about hlf what I paid for em - Should I get out now, or hold on? Does this last section I highlighted mean I could lose the lot if they get taken off the main market?

Any help appreciated

[AndrewT]

They cut 324 jobs in May and have closed seven offices, and yet still are warning of trouble ahead?

I'd cut my losses and red up.

[T_Mar]

They cut 324 jobs in May and have closed seven offices, and yet still are warning of trouble ahead?

I'd cut my losses and red up.

I have decided to take a hit and get out, I was 'reliably' informed few months ago that they were about to secure refinancing deal with the bank which would of had positive effect - obv not then.

Do you specifically know what the implication of 'being taken off the main market has'.... do they still continue to trade normally?!

[GreekStein]

Send said money to Blatch.

Recover aforementioned losses.

Simple.

[T_Mar]

Send said money to Blatch.

Recover aforementioned losses.

Simple.

already on it

[GreekStein]

Send said money to Blatch.

Recover aforementioned losses.

Simple.

already on it

Lump more more more, get in ridic deep!

[bolt pp]

buy

[bolt pp]

now sell

[lazaroonie]

what company is this ?

[Lucky]

what company is this ?

A quick Google reveals that it is White Young Green.

[doubleup]

If you sell any shares without some knowledge that is not available to the general market, you will always get less than they are actually worth. 

The reason for this is that a buyer will only buy if he believes you are selling too cheaply. 

[The-Crow]

I blame it on Quantitative Easing, If you need more cash , just print your own.

Nearly half the pound coins in circulation now are fakes

Wonder if they got sponsered by Dragons Den, that really was a no brainer

[bolt pp]

buy again

[T_Mar]

yep White Young Green - no idea if I done right thing or not, sick as was considering selling day before for small profit, came in yesterday and seen down 12p...oh well

[boldie]

buy again