Oz Posted 17 February, 2009 Share Posted 17 February, 2009 what is the significance and probable result of sfc's share price tumbling like the proverbial stone? now around 16p. Link to comment Share on other sites More sharing options...
alpine_saint Posted 17 February, 2009 Share Posted 17 February, 2009 Lowe has lost tons of moolah, and the club is a more attractive purchase. Link to comment Share on other sites More sharing options...
Amesbury Saint Posted 17 February, 2009 Share Posted 17 February, 2009 What I dont understand is how quiet Lowe, Wilde Crouch and other key individuals are. My hope is that something positive is happening in the background but it could be they have all given up? How long before the share price drops to 10p? Lowe came back to protect his investment. Perhaps he needs a plan B? Link to comment Share on other sites More sharing options...
smithy Posted 17 February, 2009 Share Posted 17 February, 2009 What I dont understand is how quiet Lowe, Wilde Crouch and other key individuals are. My hope is that something positive is happening in the background but it could be they have all given up? How long before the share price drops to 10p? Lowe came back to protect his investment. Perhaps he needs a plan B? HA HA! Good one. Link to comment Share on other sites More sharing options...
Right sider Posted 17 February, 2009 Share Posted 17 February, 2009 Lowe did have a plan B, sack JP and appoint Wotte. No hang on a minute.... Link to comment Share on other sites More sharing options...
DT Posted 17 February, 2009 Share Posted 17 February, 2009 Gosh, that share price really is low. Anyone would have thought we were a really rubbish team led by an unproven non-entity of a manager employed by a hated toff who appears to be the most arrogant man ever to shoot a duck, in charge of a motley crew of also rans and kids who are about to get relegated into football's third tier, crippled by debts and with no credible investors anywhere near our horizon. Oh. Link to comment Share on other sites More sharing options...
Weston Saint Posted 17 February, 2009 Share Posted 17 February, 2009 Just a point before I climb the stairs. Perhaps protecting his investment is avoiding Administration, then stabilizing and finallly the road to recovery. Share price is not an issue unless he wants to sell his shares now. If he fails he loses everything and has to pay again to hold onto SFC. That will be a football club void of all the add ons, void of most of our better players, cash poor, points deduction to name but a few things. In this economic climate, with no prospect of making money and in a lower division who would want to take it on? I am extremely worried we will see the end of League Football in Southampton if we cannot pay our way. May be not next season but with the rot firmly set by Administration, within a few years. Link to comment Share on other sites More sharing options...
Mole Posted 17 February, 2009 Share Posted 17 February, 2009 Just a point before I climb the stairs. Perhaps protecting his investment is avoiding Administration, then stabilizing and finallly the road to recovery. Share price is not an issue unless he wants to sell his shares now. If he fails he loses everything and has to pay again to hold onto SFC. That will be a football club void of all the add ons, void of most of our better players, cash poor, points deduction to name but a few things. In this economic climate, with no prospect of making money and in a lower division who would want to take it on? I am extremely worried we will see the end of League Football in Southampton if we cannot pay our way. May be not next season but with the rot firmly set by Administration, within a few years. Look on the bright side. With players like Zoltan Lurpak in the side we'll p1ss on noddy clubs like Stevenage Borough in the Blue Square Premier. Link to comment Share on other sites More sharing options...
EastleighSoulBoy Posted 18 February, 2009 Share Posted 18 February, 2009 Look on the bright side. With players like Zoltan Lurpak in the side we'll p1ss on noddy clubs like Stevenage Borough in the Blue Square Premier. And Eastleigh might well miss us, passing the opposite way, like ships in the night. God forbid us dropping that Lowe. Link to comment Share on other sites More sharing options...
Mole Posted 18 February, 2009 Share Posted 18 February, 2009 And Eastleigh might well miss us, passing the opposite way, like ships in the night. God forbid us dropping that Lowe. Many a true word has been said in jest. I can honestly see us being in the old 4th division in season 2010/11. Link to comment Share on other sites More sharing options...
EastleighSoulBoy Posted 18 February, 2009 Share Posted 18 February, 2009 Many a true word has been said in jest. I can honestly see us being in the old 4th division in season 2010/11. That's what is so frightening! Can't see us supporting any other team but don't this lot punish you for your loyalty! Link to comment Share on other sites More sharing options...
skings80 Posted 18 February, 2009 Share Posted 18 February, 2009 what is the significance and probable result of sfc's share price tumbling like the proverbial stone? now around 16p. Somthing else ive just thought of is the sare price is now only 3 pence above the price it was when we got relegated from the prem... Link to comment Share on other sites More sharing options...
Weston Saint Posted 18 February, 2009 Share Posted 18 February, 2009 Think you guys miss the point. I am talking about us doing an "Aldershot" ie going out of existence and having to start again with a new club in the regional non leagues. I really do fear that if we go into Admin. Don't wish it. You really do not understand the implications with the present unprecidented economic background. Link to comment Share on other sites More sharing options...
thorpie the sinner Posted 18 February, 2009 Share Posted 18 February, 2009 We need to stay in the Championship at all costs. With a few tweaks, ie Lowe going, decent manager, the fans will come back!!! League one doesn't bear thinking about as it will almost definitely means administration!! Ron told you the ramifications of that happening Link to comment Share on other sites More sharing options...
SaintRobbie Posted 18 February, 2009 Share Posted 18 February, 2009 The significance is that it is cheaper for someone to buy if the shareholders wish to sell. Or cheaper for someone to buy internally if the shareholders wish to sell to themselves. Lowe sits pretty and take's Wilde's shares would be my worst case scenario. Link to comment Share on other sites More sharing options...
trousers Posted 18 February, 2009 Share Posted 18 February, 2009 Think you guys miss the point. I am talking about us doing an "Aldershot" ie going out of existence and having to start again with a new club in the regional non leagues. Given football is only a game, I would get as much a buzz out of seeing a 'New Saints' playing non-league football as I currently do watching mediocre Championship football, so not sure what the problem is, especially if one compares our fate with more important issues going on in the world. Having occasionally been to see Aldershot play over the last few years I've sensed that their supporters have a great sense of pride in their recent achievements and (devil's advocate alert) perhaps a fresh start from square one is what this club needs in the long run. It's only football. Link to comment Share on other sites More sharing options...
Weston Saint Posted 18 February, 2009 Share Posted 18 February, 2009 Given football is only a game, I would get as much a buzz out of seeing a 'New Saints' playing non-league football as I currently do watching mediocre Championship football, so not sure what the problem is, especially if one compares our fate with more important issues going on in the world. Having occasionally been to see Aldershot play over the last few years I've sensed that their supporters have a great sense of pride in their recent achievements and (devil's advocate alert) perhaps a fresh start from square one is what this club needs in the long run. It's only football. Absolutely. "It's just a bit of fun" not life and death but some with mundane lives may not agree with that statement Link to comment Share on other sites More sharing options...
Mole Posted 18 February, 2009 Share Posted 18 February, 2009 The significance is that it is cheaper for someone to buy if the shareholders wish to sell. Or cheaper for someone to buy internally if the shareholders wish to sell to themselves. Lowe sits pretty and take's Wilde's shares would be my worst case scenario. I cannot see Lowe's friends clubbing together and buying the club. The club is not a good investment imo even if the shares could be bought for peanuts because you're effectively buying debt in a company that will continue to make a loss. This would only be compounded if lowe was still involved because of his negative affect on ticket sales and his poor judgement in terms of man management. The current depression (yes we are in a depression despite what Brown says) makes the situation even worse. The future looks very bleak for Saints, i just hope we can bottom out with our football league status still intact. Link to comment Share on other sites More sharing options...
SaintRichmond Posted 18 February, 2009 Share Posted 18 February, 2009 We need to stay in the Championship at all costs. With a few tweaks, ie Lowe going, decent manager, the fans will come back!!! League one doesn't bear thinking about as it will almost definitely means administration!! Ron told you the ramifications of that happening I am convinced, that by getting rid of Lowe, things would start to improve immediately, for a start, the morale at St Mary's would rocket He is like a Millstone around the neck of Saints He is NOT a good Businessnman as he wants us to think, and he is slowly strangling our Club But, as it has been for the last Twelve or so years, the Problem is getting rid of him. Not just removing him, but forcing the sale of HIS shares. I said many times that as long as he had ONE share, he would come back, and thanks to Judas Wilde he did He MUST be removed completely ...... the problem now is ...... HOW ???? Link to comment Share on other sites More sharing options...
jonah Posted 18 February, 2009 Share Posted 18 February, 2009 He MUST be removed completely ...... the problem now is ...... HOW ???? That is easy - get the club back on an even keel... fix the finances, stabilise in the CCC and get the share price back up to a higher level. Then you have something people might want to buy into and a price at which the main holders might want to sell. Nobody wants to buy into a struggling company no matter how cheap the price. Lots of people want to buy into a company which is stable and well run. Hence, although it probably goes against your anti-Lowe instincts, your best bet to get rid of him is for the club to do well - remember, he only came back because Wilde & Co had messed it up... if they had built the club up he'd have had no reason to return and we might even have found a buyer for his or all the shares. Link to comment Share on other sites More sharing options...
Mole Posted 18 February, 2009 Share Posted 18 February, 2009 That is easy - get the club back on an even keel... fix the finances, stabilise in the CCC and get the share price back up to a higher level. Then you have something people might want to buy into and a price at which the main holders might want to sell. Nobody wants to buy into a struggling company no matter how cheap the price. Lots of people want to buy into a company which is stable and well run. Hence, although it probably goes against your anti-Lowe instincts, your best bet to get rid of him is for the club to do well - remember, he only came back because Wilde & Co had messed it up... if they had built the club up he'd have had no reason to return and we might even have found a buyer for his or all the shares. So why sack Perason and replace him with the Dutch clowns? Lowes bungling decision will cost us our CCC status. Hardly the road to recovery is it? Link to comment Share on other sites More sharing options...
Delmary Posted 18 February, 2009 Share Posted 18 February, 2009 That is easy - get the club back on an even keel... fix the finances, stabilise in the CCC and get the share price back up to a higher level. Then you have something people might want to buy into and a price at which the main holders might want to sell. Nobody wants to buy into a struggling company no matter how cheap the price. Lots of people want to buy into a company which is stable and well run. Hence, although it probably goes against your anti-Lowe instincts, your best bet to get rid of him is for the club to do well - remember, he only came back because Wilde & Co had messed it up... if they had built the club up he'd have had no reason to return and we might even have found a buyer for his or all the shares.Lowe started planning his return back in July 2007. Hence, all the negative stories that were leaked and published by his mate Charles Sales in the Mail. We Haven't heard much from the Mail recently. I wonder why? Link to comment Share on other sites More sharing options...
COMEONYOUREDS Posted 18 February, 2009 Share Posted 18 February, 2009 why does the link from the share price on the os: http://www.hemscott.com/companies/company-summary.do?companyId=1764 show Graham Lowe as chairman and Andrew Jones as finance director??? Link to comment Share on other sites More sharing options...
1965onwards Posted 18 February, 2009 Share Posted 18 February, 2009 Shock Horror. Only the ELITE on her able to understand the FULL implications of administration. Jackasses !!!!!!!!!! Link to comment Share on other sites More sharing options...
Wopper Posted 18 February, 2009 Share Posted 18 February, 2009 Does anyone want Saints to be successful under Lowe.The man acts like a big kid and is an embarrassment to the club. Link to comment Share on other sites More sharing options...
trousers Posted 18 February, 2009 Share Posted 18 February, 2009 6 shares traded earlier with 98 new pence changing hands. http://www.londonstockexchange.com/en-gb/pricesnews/prices/system/detailedprices.htm?sym=GB0007922114GBGBXAIMI0792211SOO Now try telling me that isn't significant. Link to comment Share on other sites More sharing options...
REALIST Posted 18 February, 2009 Share Posted 18 February, 2009 I just felt holding 5 million and six shares looked stupid so I rounded down Link to comment Share on other sites More sharing options...
trousers Posted 18 February, 2009 Share Posted 18 February, 2009 I just felt holding 5 million and six shares looked stupid so I rounded down Cheers - knew there was a rational explanation....(if only I could remember which of the major shareholder's has c. 5 million shares I could put a name to a face.... ) p.s. as you've only had 6 posts since August 2007 I feel it's only fair to ask if you still stand by your last but one post in August 2008....? Let's all move on new forum, new optimisim, new young team, quit the bloody negative stuff. Channel your energy elsewhere this year might just surprise us all !! Link to comment Share on other sites More sharing options...
Stu Man Do Posted 18 February, 2009 Share Posted 18 February, 2009 Just out of interest, because I have pretty limited knowledge of shares and so on, but would there be any benefit to the club de-listing itself from the stock market? Does this have any effect on the club losing money? :-s Link to comment Share on other sites More sharing options...
Fan The Flames Posted 18 February, 2009 Share Posted 18 February, 2009 Think you guys miss the point. I am talking about us doing an "Aldershot" ie going out of existence and having to start again with a new club in the regional non leagues. I really do fear that if we go into Admin. Don't wish it. You really do not understand the implications with the present unprecidented economic background. There has been no other club our size do an Aldershot so I am fairly confident that this will not happen to the Saints. In recent years it just Maidstone, Newport and Aldershot that have gone properly bust and all were a lot smaller and fragile than us. Link to comment Share on other sites More sharing options...
Fan The Flames Posted 18 February, 2009 Share Posted 18 February, 2009 Maybe the best thing for the share price is for us to be relegated and do well in League 1, maybe that is the plan. Link to comment Share on other sites More sharing options...
Mole Posted 18 February, 2009 Share Posted 18 February, 2009 There has been no other club our size do an Aldershot so I am fairly confident that this will not happen to the Saints. In recent years it just Maidstone, Newport and Aldershot that have gone properly bust and all were a lot smaller and fragile than us. I'd have thought Northern Rock and RBS were rock solid till a few months ago... If you look at SFC in the scheme of things in this depression we are small fry. Link to comment Share on other sites More sharing options...
INFLUENCED.COM Posted 18 February, 2009 Share Posted 18 February, 2009 I'd have thought Northern Rock and RBS were rock solid till a few months ago.... So in the same way they didn't do a Lehman Bros Link to comment Share on other sites More sharing options...
VectisSaint Posted 18 February, 2009 Share Posted 18 February, 2009 Maybe the best thing for the share price is for us to be relegated and do well in League 1, maybe that is the plan. So when will the plan be known as to how we are going to do well in Division 3? Because we won't with Wotte we've got. FFS we struggle to beat Lewes Reserves with some of our first team Link to comment Share on other sites More sharing options...
Leicestersaint Posted 18 February, 2009 Share Posted 18 February, 2009 Maybe the best thing for the share price is for us to be relegated and do well in League 1, maybe that is the plan. Does anyone seriously think there is a plan?! Link to comment Share on other sites More sharing options...
Mole Posted 18 February, 2009 Share Posted 18 February, 2009 So in the same way they didn't do a Lehman Bros Are you saying the government would bale us out? Link to comment Share on other sites More sharing options...
CHAPEL END CHARLIE Posted 18 February, 2009 Share Posted 18 February, 2009 I wonder if the depressed share price will have any baring on the banks decision regarding whether to put SLH into Administration or not , the less the PLC is worth the less it's worth their while supporting us ? (possibly , I'm no financial expert) . Link to comment Share on other sites More sharing options...
sidthesquid Posted 18 February, 2009 Share Posted 18 February, 2009 I am convinced, that by getting rid of Lowe, things would start to improve immediately, for a start, the morale at St Mary's would rocket He is like a Millstone around the neck of Saints He is NOT a good Businessnman as he wants us to think, and he is slowly strangling our Club But, as it has been for the last Twelve or so years, the Problem is getting rid of him. Not just removing him, but forcing the sale of HIS shares. I said many times that as long as he had ONE share, he would come back, and thanks to Judas Wilde he did He MUST be removed completely ...... the problem now is ...... HOW ???? The problem is - what do you replace him with? (And please don't say Crouch) Link to comment Share on other sites More sharing options...
SFKA South Woodford Posted 18 February, 2009 Share Posted 18 February, 2009 Are you saying the government would bale us out? Eureka, that's the answer. Get Southampton leisure holdings, listing and name reclassified to a bank, then announce that they are still going to pay the club staff massive bonuses, as the state the business is in, is not the fault of it's employees. Surely the government will step in nationalise it and provide a nice big cash injection to keep the business operating. All our problems solved. Link to comment Share on other sites More sharing options...
SFC Forever Posted 18 February, 2009 Share Posted 18 February, 2009 So in the same way they didn't do a Lehman Bros Don't think the tax payers will bail us out though. Link to comment Share on other sites More sharing options...
Sad Sam Posted 18 February, 2009 Share Posted 18 February, 2009 Share price on the os is showing 3.2p, if it goes down to zero are we bust? Is that when we go into Administration? Link to comment Share on other sites More sharing options...
Ponty Posted 18 February, 2009 Share Posted 18 February, 2009 That's got to be a typo. Link to comment Share on other sites More sharing options...
Whitey Grandad Posted 18 February, 2009 Share Posted 18 February, 2009 Share price on the os is showing 3.2p, if it goes down to zero are we bust? Is that when we go into Administration? Showing 16p at the moment. What does that vaule us at? Link to comment Share on other sites More sharing options...
trousers Posted 19 February, 2009 Share Posted 19 February, 2009 (edited) Showing 16p at the moment. What does that vaule us at? Market cap = £4.49m (which I believe is less than our overdraft. Which I again believe is what underwrites the overdraft facility in the first place....?) Edited 19 February, 2009 by trousers Link to comment Share on other sites More sharing options...
trousers Posted 19 February, 2009 Share Posted 19 February, 2009 That's got to be a typo. The OS are probably just doing one of their usual pre-emptive updates to see if the software will handle such a low amount when, sorry...if the time comes.... Link to comment Share on other sites More sharing options...
bridge too far Posted 19 February, 2009 Share Posted 19 February, 2009 Market cap = £4.49m (which I believe is less than our overdraft. Which I again believe is what underwrites the overdraft facility in the first place....?) Isn't that called 'gearing' - the percentage of debt as a ratio to assetts? Link to comment Share on other sites More sharing options...
trousers Posted 19 February, 2009 Share Posted 19 February, 2009 Isn't that called 'gearing' - the percentage of debt as a ratio to assetts? Gearing Definition (UK specific) The most common use of the term 'gearing' is to describe the level of a company's debt compared with its equity capital, and usually it is expressed as a percentage. So a company with gearing of 60 per cent has levels of debt which are 60 per cent of its equity capital. The significance of the gearing ratio is that it shows at a glance how encumbered a company is with debt. Depending on the industry, a gearing ratio of 15% would be considered prudent whilst anything over 100% would be considered risky or 'highly geared'. 'Gearing' is also used in a related sense to refer to borrowings by an investment trust which boosts the return on capital and income via additional investment. When the trust is performing well shareholders enjoy an enhanced or 'geared profit'. However if the trust performs poorly then the loss is similarly exaggerated. Finally, 'gearing' is also used to refer to the ratio between a company's share price and its warrant price. So, what's our current 'gearing' rating? Anyone? Link to comment Share on other sites More sharing options...
Charlie Wayman Posted 19 February, 2009 Share Posted 19 February, 2009 You asked how to interpret the slide in value of SLH shares. Investor confidence in Rupert Lowe's ability to save the company from administration is very low although a residual belief must remain that something can be salvaged from the wreckage after administration, suggesting that bankruptcy is not inevitable. This assessment must be based in part on the experience of other clubs that have gone into administration. If bankruptcy was viewed as inevitable shareholders would end up with worthless share certificates and would have to join a long list of creditors waiting to get some salvaged recompense from the fall-out. Not only that but share dealing would be suspended. Thus, you can take a small measure of comfort from the fact that SLH shares have any value at all at this time, especially as the very depressed stock market condition s prevailing in this economic slump. Link to comment Share on other sites More sharing options...
trousers Posted 19 February, 2009 Share Posted 19 February, 2009 You asked how to interpret the slide in value of SLH shares. Investor confidence in Rupert Lowe's ability to save the company from administration is very low although a residual belief must remain that something can be salvaged from the wreckage after administration, suggesting that bankruptcy is not inevitable. This assessment must be based in part on the experience of other clubs that have gone into administration. If bankruptcy was viewed as inevitable shareholders would end up with worthless share certificates and would have to join a long list of creditors waiting to get some salvaged recompense from the fall-out. Not only that but share dealing would be suspended. Thus, you can take a small measure of comfort from the fact that SLH shares have any value at all at this time, especially as the very depressed stock market condition s prevailing in this economic slump. So, is that a 'buy', 'sell' or 'hold' recommendation....?! Link to comment Share on other sites More sharing options...
saintjay77 Posted 19 February, 2009 Share Posted 19 February, 2009 The significance is that it is cheaper for someone to buy if the shareholders wish to sell. Or cheaper for someone to buy internally if the shareholders wish to sell to themselves. Lowe sits pretty and take's Wilde's shares would be my worst case scenario. Dont think any of them will want to risk increasing there shareholding when there is a high risk of going into admin and tking a bigger hit. At the mo they can all weild the sword and make the right noises about how they all can take the club forward and how the others are tin pot no hopers, as they are all playing with more of someone elses money than there own. Can you imagine what would be being done if just of of the 3 owned 90% of the club? Losing 2mil while the others lose 5 mill between them is almost acceptable. Losing 20mil and a reputation along with it would not be tollerated by any of them so they will rather fight amongs themselves than put any money where its needed. Link to comment Share on other sites More sharing options...
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