any views new about this one when investment company now marine company with profits and payin divi and cash in bank talk of new weel know chairmen coming in anyone know a name ???

Too late bid speculation already in the price.

Hold a lot of these for the Div. + very safe investment.

Never heard about any bid speculation as it won't happen - check out who now owns the Company after old directors ousted and the agreed in place strategy by the institutional shareholders. All main investments have now been sold.

Intention is to return money to shareholders. Last piece of jigsaw is to sell the very high margin/profit generating marines couplings business (Gall Thompson) which have a virtual monopoly in their field with contracts often specifying Gall by name. They are waiting to get the right price for Gall then this Investment Company will become a cash shell and the money returned to shareholders. Most analysts reckon the Company will return about 9-10p net which is reasonable. Meantime overheads have been minimised so no real risk to your investment but this one won't go above 11p unless the price paid for Gall is exceptional.

G

the full article from shares magazine no mention of return of capital ??An offer for Lupus Capital is likely to be announced before Christmas valuing it close to its current market valuation of 13 million. A well-known corporate figure is expected to become chairman and a major shareholder.

This chap intends to expand Lupus into a leading UK oil industry servicing company, possibly quadrupling its size within a couple of years.

Lupus’ main asset, other than its listing, is the highly successful Gall Thomson company based in Great Yarmouth. It is the world’s leading supplier of marine breakaway couplings and its offshoot Klaw Products supplies quick release couplings to the oil industry.

Stricter environmental legislation means oil companies are increasingly penalised for spills and leakages. They are spending more on anti-leakage devices like GT’s couplings which enable a loading line to part safely and then shut off automatically instead of spilling the oil if the vessel moves off station. GT’s sales are rising by around 15% a year and are expected to total almost 8 million this year and produce operating profits of about 4.5 million.

Current chairman and turnaround expert Konrad Legg was appointed by disgruntled shareholders a year ago. They were fed up with the previous management failing to deal with Lupus’ problems and large overheads.

Legg and his team have sold the six listed investments, slashing debt from 3.5 million and leaving the balance sheet ungeared. The dividend is expected to be maintained at 0.5p a share equating to a juicy yield of 7%.

Profits before tax are expected to total some 1.2 million this year. Since Lupus announced it was in talks to sell the company at the interim stage in late September the shares have risen sharply but have since eased back a tad making it a good buying opportunity.

Shares Summary

The wolves are closing in on this tasty titbit. The Gall Thomson pipeline couplings company is likely to be sold part and parcel with Lupus to form the basis of a new rapidly growing oil services business.

BUSINESS: oil service business that was formerly an investment company

VITAL STATS:
market capitalisation: 12.7 million
historic PE 2002: losses
prospective PE 2003: 9.3
prospective PE 2004: 5
spread: 3.4%
dividend yield: 6.8%

Is this the reason for the delay in selling off Gall Thomson and "returning the value to the shareholders"? Looks like price heading for double digits ??


This snippet from the guardian last month

Their Market Forces page says that there is "talk that Greg Hutchings, the former boss of conglomerate Tomkins, could be set to take the helm [at Lupus]."

"Lupus would be the perfect vehicle from which to launch his comeback.
Apart from Gall Thomson....Lupus is effectively a shell company whose paper could be used to snap up other undervalued companies."

gg - if Hutchings gets LUP (unlikely) then I'd be out like a shot :-)

Shares magazine research no better than most journos - check out the RNS's when Directors ousted and the declared aims.

what shares magazine does is introduce new shareholders gets the information
to a wider audience and give the share momentum I not saying its research is
great but for such companies as LUP information is scarce

Gordon, after reading your research it does look a good one. Going to have a deeper delve into the accounts. Thanks for the leg up.

cheers GF.

plenty of buyers today yet no hint of a movement looking at the previous results
the final divi was increased by 100% possible this will be done again to release value as generate cash ??

again many more buyers than sellers yet still not willing to budget upwards ?

I have been in and out of these for years at a profit most times.
Reluctant to sell this time.
Know this stock backwards.
For new holders possible to get 10p plus dividend over 24 months which rougly equates 10.3 to 11.2p therefore fom here that is a return of 17% per annum over 2 years and possibly a quicker return than that.

two camps here those that expect sell of and those that expect to
be turned into bigger group either way downside limited ???

any up to date news of Lupus and any informed opinion as to what the price will be after suspension ceases ? . the open offer is at 14p per share. will shares open above or below that 14p? . crystal ball owners please promptly respond!!!

grateful appreciation ...particularily for a response from gordon geko

Read the prospectus and decided not to take up the offer
If the shares were not suspended then we would have some idea of how the market views this deal.
Full listing -> Aim, then maybe later Aim -> Full listing
Totally confused and probably will miss out on a good profit, but just too much uncertainty and not enough information to take the risk.
I hold quite a lot, so even taking up the 1/3 would be quite a payout for me.

Hope that my nerves are unfounded and that they fly on 4th April

regards and good luck

Peter

pjstanton posting no 14

i think it will suit gary and others to see the shares on aim.......as the value of the shares will not fall into an estate for inheritance tax purposes.

interested that you are not even going to take up your 1 for 3 rights ...which means your shareholding will be diluted. you will not even gain by the usual sale of rights in the market by the company

i intend to take a (mad) gamble on a very substantial basis. if the shares do rise above the 14p then i have an even greater problem in that do i sell?

there will be no hidden asset value in these shares. however the driving forces have substantial holdings ... so it is very much in their interests that the ship sails well.

i have had two profit warnings this week on shares held for many years viz; Northern Foods and Northamber ... lightning cannot surely strike three times.

WATCH THIS SPACE

TRUST YOU ENJOY LIFE IN CANAL LAND ..... in fact you are in the land where LUPUS now seek to make a fortune !!!!!!!!!!!!

mpw777, Oh canalland is OK'ish, U get used to it.

Interesting to look at the graph and realise that they priced the offer well above the current price at the time of negotiations. They watched the hype in the share price on the first "leak" of information and then priced it accordingly. All a bit like Mr B's govenment don't U think, leak it to the press and see if the public go for it!!
If it was around the 12p mark then I would go for it, but 14p is really too expensive given the information that I have now.
Oh btw last time I bought was at 13p and before that it was 7.75p, so for me if 14p holds, then I'm still well in profit.

Anyway great luck with your gamble

Peter

pjstanton, what is it you don't like about the deal?

Looking at the numbers, 14p looks good value to me. They are adding 10m profit by issuing 378m shares and borrowing 45m. That means EPS will rise from 0.9p to, allowing a good slice for interest payments and tax, to above 1.12p (and probably a fair bit higher). A share price of 14p for that EPS looks very cheap.

Am I missing something?

can someone explain to me why Lupus was able to divert nearly 7m of company value into a LESOT for the benefit of Gary and his familly. this 7m was a cost to the company in that trading year which resulted in a huge loss for the year which in turn reduced balance sheet values.
gary did subscribe seperately to 2m or so of shares but, of course, he has the value of those shares as an asset. thus for a spend of, say, 2m gary/familly have 9m of assets
the lesop matter was put to the shareholders and approved ....i do not know if that was before or after gary had the shareholding for his 2m
i see that gary's salary is 150,000 which is not mega ...and he really does not have any other directorships. the company states his role with lupus is a full time one. Just as well because after tax gary will not get far free-time-wise on the net of tax amount. if i recall correctly in his previous life gary enjoyed the goodtimes across the world. Fine if the fireplace is not neglected

pjstanton posting no. 16
you mention the jump up of the share price on announcement of the proposed takeover. is it not the case at the same time lupus intimated quite good trading plus enhanced dividends ???? .. those aspects on their own might well have been sufficient to push up the share price
the results announcement plus the dividend will have been polished to get the new share issue awayat 14p. however as the new share issue is quite substantial to the previous market cap there is simply more money going into the shareholders pot ...in broad terms

what do they say about this in Holland

pjstanton ......any other comment???
trading is expected to commence again on 4th. april
since the shares were first suspended the market has moved up quite a few % so this may tipple the fresh trading price upwards.
here's hoping ..... as i did make my substantial stake

any further thoughts/information on this share ?????

dealings are expected to start on 4th. april 2006

I've taken the plunge and gone for my allocation.....

Encouraging news today that the open share offer has been oversubscribed. Apparently the total applications received represented 134.5% of the new shares offered.

Here we go then - up 14% so far this morning :-)

Did everyone bail out of LUP then? Shame if you did as today repaid some of the faith shown by long-term holders and I feel there will be more to come.

existing shareholders of lupus had their asset/income values diluted. what happened was that of the new shares 80% went in firm placings to merchant banks and whoever was favoured ...with only 20% being allocated to cover:
(a) the one for three issue
(b) those existing shareholders who had the opportunity to apply for "extra shares"

the end result was that my application for shares under (b) above was scaled back by about 40%
clearly there should have been more shares available for (b)

the first day price of 16p would appear to be about right ......if it had been much more then it really would have been a very raw deal for existing shareholders

my purchase gamble has paid off ...except for the fact it will be difficult to sell a lump of share at the bid price shown on the screen.

where is the contributor to these postings who lives in holland ...and was not going to subscribe for any shares.
you win some and ypou lose some !!!

Well seeing as I deal in certificate form and have not as yet received the certificate I cannot sell can I. I am stuck with the old certificates which I assume are worthless.
I already topped up last year at 13p, so effectivly I got them at a fair price.
I suspect that once the selling starts they will dip below the 14p offer price.

I should have gotten out after the Hutchings first jumped in at around 22p, but I was abroad and missed it all.

Great if they do well and I wish for all the small shareholders that they will, but only time will tell.

I did not subscribe to the recent open offer as I have enough and would be happy to see the back of the shares that I currently hold. Far too much uncertainty.

regards and good luck

Peter

Much like a blue-sky pharma, the carrot with LUP is that Hutchings will weave his magic once again and 14p will become 140p etc. However as with blue-sky pharmas it could all go spectacularly wrong leaving you wondering why you ever invested in the first place. A toss of the coin but with his track record the odds must be stacked slightly in favour of the former scenario.

Wonderful scenario Queen1,
Oh how I'd love to believe that, I'd make a killing !!!
Peter

I wouldn't be complaining either Peter!

Somebody buying, but who are they ??

SCHEDULE 10




NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company


Lupus Capital plc

2) Name of shareholder having a major interest Polar Capital Partners

3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 The shareholder named in 2 above

4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them Goldman Sachs International Nominees Ltd. 5) Number of shares/amount of stock acquired 23,571,428

6) Percentage of issued class 3.8%

7) Number of shares/amount of stock disposed - -

8) Percentage of issued class - -

9) Class of security Ordinary shares of 0.5p

10) Date of transaction 4 April 2006 (subject to verification)

11) Date company informed 6 April 2006

12) Total holding following this notification 23,571,428

13) Total percentage holding of issued class following this notification 3.8%

14) Any additional information - -

15) Name of contact and telephone number for queries J.L. Luetchford 0207-490-4355 16) Name of authorised company official responsible for making this notification J.L. Luetchford

Date of notification 10 April 2006


- ---END OF MESSAGE---


Copyright Hugin ASA 2006. All rights reserved.

polar capital partners are a hedge fund. their address is 30 buckingham gate which is just along the street from LUPUS which is at number 85.
polar is closely associated with the mighty Caledonian investments
in the prospectus for the recent share offer (page 25) i was surprised to see that our "GREG" had to borrow money to take up his share allocation rights and further surprised to see the revelation on the same page that our GREG HAS " AN EXPECTATION OF REPAYING THE LOAN ON THE DISPOSAL OF (lupus) ORDINARY sHARES AT A LATER DATE" WHEN THAT SALE DOES TAKE PLACE THEN LUPUS SHARES WILL DIVE
WHILST A SUPPORTER OF LUPUS ...and ,of course GREG, i do feel that Greg needs to have ready a good photo for the press. The photo that appeared on page 6 of this weeks FINANCIAL MAIL ON SUNDAY was not a good one (for lupus shares)

Hi Chaps & Chapesses,

So what happened to all the hype (read ramp) after the suspension.
Cheaper now than at the share offer.

But then again we are all (well I guess a lot of us) losing hand over fist during the last few weeks.

To top up or not to top up, that is the question.

Good luck

Peter

Compared with the majority of my portfolio LUP has actually held its ground pretty well during the last 6 weeks which I believe is a big positive.

Anyone know why the sudden price jump ??
Up 9.60%
Must be someone knows what we don't know
Peter

Not a clue. Nice though.

Excellent interim results out today accompanied by a small jump in the sp at present. Great profit figure and exciting times ahead :-)

No wonder the sp is up again today as well:

28th September - Mrs EM Hutchings has today bought 2.10m Lupus Capital plc shares and the A & M Trust of Mr GF Hutchings' children has today bought 2.80m
Lupus Capital plc shares at 13.5p each, all from the personal holding of Mr GF Hutchings. As a result Mr Hutchings beneficially owns 26,766,666 Lupus shares (4.34%) of Lupus Capital plc share capital.

Up and UP and UP and UP

As someone said when GH originally took over
"Were in the money"

Peter

Nice Piece in "The Independant" last Friday 29/09/06
Further to go in the short term I think

Peter
===================================================================

Lupus Capital

Our view: Buy

Share price: 14.5p (+1p)

The investment company named after a wolf and run by a former star of 1980s capitalism is quietly building a head of steam.

Lupus Capital, is chaired by Greg Hutchings, who built the guns 'n' buns conglomerate, Tomkins, two decades ago,

A nascent mini-Tomkins with a private-equity twist, Lupus revealed yesterday that profits before tax jumped to 3.88m in the six months to the end of June from 870,000 a year ago.
Gall Thomson, which makes specialist valves for the oil industry, delivered a record performance. Schlegel, a maker of seals for doors and windows swallowed for 84m in April, has been fully digested.

Markedly improved sales (23.68m against 3.14m in 2005), productivity and cost controls are generating healthy cash flows after capital expenditure and working capital requirements. That allowed for a total interim dividend of 0.163p, 23 per cent higher than last year. Lupus now predicts "double digit" earnings-per-share growth over the full year.

The shares, 1p higher at 14.5p yesterday, value the company at 89m. Trading at about 10 times expected earnings this year, against about 15 times for the whales swimming in the same space, they look a bargain.

Lupus has plenty of scope to make its next acquisition and is actively hunting for a deal. Mr Hutchings is in no hurry, however, and stressed he would take his time to land the right target.

Lupus is too small to cross analysts' radar, though this may change by the year end. To invest in it is to back Mr Hutchings. This column does, and so should investors. Buy.

Excellent piece of journalism - let's hope some of the reading masses take the advice and jump on board!

At 10:17am this morning two times 2 million shares purchased at 16.5 pence.
That's 660,000 Sterling, no small buy.

Could this be yet another director purchase ??
If so then expect another rebound once the word is out.

Peter

The sp is down a little though at present. But if it is director buying then I think you're right Peter, north will be the only direction!

Anyone know why the 6.5% jump today ??

Peter

press rumour in the times i think linking greg to tomkins

From the "UPS" thread ..........

Keep an Eye

LUP - Mid 15.875p ( 15.75 / 16p )

Reason - Improving on good large size volume, after the retracement Interim results were strong and will produce double digit earnings growth on future years, so undervalued. "Lupus Capital has achieved excellent growth in sales, profits, dividends and cash generation, which, together with a strong balance sheet"

Now that's analysis I can appreciate....!

Quite a bit of trading in these today, so many cross trades!

Anyone heard any rumours ??

Happy New Year to you all

Peter

Going Crazy Again.
Gotta be a reason!
Is Greg buying again?
Peter

98% buys today
Great volume yesterday
Someone out there have any info on this recent jump ??
regards
Peter

Amities /Very positive trading statement leading the city to fully anticipate the more than successful intergration of their new aquisition -Schlegel - and high fiscal percentile increase in receipts from oil couplings business- Gall and Thompson- has exited trading in LUP ( as recent volumes illustate ) . ,.................................................................................................................What with both the Bank of NY and Cazenove both very recently taking sizeable principal positions; and CEO Hutchins placing 30 million shares in both his wifes name, and a furthur 30 million in a family trust for his immediate family leads one to logically assume Lupus will not be a 10 minute wonder; and all the director buying bodes well in the house of Lupus for the forseeabe future .Also there is talk of a furthur acquisition on the cards ..Love him, or hate him, Greg is no-ones fool and knows his marbles . ln addition what with Fred Hoad on the board we will be assured of shareholders getting their fair share of profits {sic} in the form of progressive divies and so forth .Come to that . Now think about it ?? >.....How many shares of this s/p carry a dividend ??.......ln addition surely a re-rating is on the cards what with the takeover of Schlegel which in effect ammounted to a reverse takeover, and a corresponding massive increase in m/c. This still must be one of the most undervalued smallcaps on the market. . ..l have been in and out of this stock since it was 2p { and out @21p in a frenzy of crazy speculation } Oliver Stockern made some shrewd snazzy moves such as bringing Octari out of a long suspension; and in the process getting his hands on 2m in cash and oil/ gas services outfit- Gall and Thompson - which has gone on to become something of a jewel in the crown with one of its products KLAW rapidly emerging as a "brand" market leader.What with the increase in drilling/ workover activity and a 98.7% rotary count Gall and Thompson are growing organically on an annualised rate of 20%, and well placed to see further growth . . Juste a pity old Olly was a little lavish with the companies money . A great pity as i happened to have learnt a lot from this man ; BUT in Greg we have the proven article to my mind; and thus far he has acted with great caution and patience, and the process of turning LUP from a single entity company into an aggresive foreward looking highly cash generative outfit with a decent portfolio of mid/small caps under its wing has began in earnest . lf he attains the same success with LUPUS as with Tomkins we will be more than happy. .And dont forget this 80s entrepaneur has a point to make ......Bonne chance et al ..Sante @+ J

THIS COMPANY IS BEEN QUOTED ON RHPS FOR A TARGET PRIZE 30 PENCE

Amities / COBRA - l cant find it but what time frame did it give for target to be achieved ?.l heard through the grapevine they were more interested in looking over other oppertunities in gas/ oil services. Someone like the poorly run HBS which would be easily digested by gall and thompson ......Anyone else heard this unfounded rumour ??

' J'

I had a choice between LUP & AFE and went for AFE.

french i talking about lupus capital 30pence in12 month i think they will achive that rate before

lf the momentum increases at this current rate; and results surprise all expectations ( which the trading statement suggested it would.) this could be 30p overnight . l know every nut and bolt of Lupus . lts not speculative as such . Very liquid and cash generative .lronically l bought a shedful as a long term hold. but traders have jumped on it as at 15.75p as at that point every variable was in place for a big short term run. with Chunky buys still coming in now @ 19p ..........................................Roly . AFE has yet to happen ..Phelps Dodge dont interest themselves in something they dont want . Also AFE has no debts.BE patient. Not to late to get in on this LUP R @+ J

you know you want too lol

look is going to be very good day many buys ,,but the prize dont move

On first glance it appears 19p could prove a resistance level. As soon as the "offer" was raised to 19.25 sellers appeared. Bid has juste been raised to 19p on a spead of 19 / 19.25 so a couple of ticks up thus far.Hopefully selling short term. ln saying that both Volume hence momentum are holding up nicely. @+ J

Back to 19.75 offer !
Will it hold this time Frenchie ??

Peter

another Tomkins....

WE should be so lucky !!! ilf this does half as well as Tomkins some of us will not be able to physically carry our winnings ...hehe ......in city it is believed,after much money crunching, turnover has increased by a whopping 35% to 40% not only due to organic growth but fron acquisition which has increased correspondingly & margins in goods sold. Gall & Thompson have performed in aces & have a full order book for the full fiscal year, and as word gets around its products like KLAW which has become brand leader in the field of oil couplings , the companies future looks assured And all this for 18.5p & 3% divi .!!!!!..PJ -the 19.75 offer will come today ;and if not today, it will come on monday or wednesday of next week .That is inevitable . Be patient -- not a lot - but dont sell your position lower than 30p if you have too ....lf not this time next year i think you will be very happy,, Bonne chance et al ....@+ J

Strong finish today.

quid by xmas (old joke, sorry!)

This is not merely a good punt; lt is a well positioned company buying control of cash generating players whose management lacks vision / contacts / access to capital amongst other things - But all investments are cash heavy,emerging, exiting and seemingly progressive otherwise i doubt greg would have executed a personal order for 30m. or his wife- 30 million shares, or indeed his family trust with a further 30 million.,,,,Also Cazenove who may have a prestigious name , but very limited investable monies compared to the likes of Merrill Lynch or Goldman Sachs or HSBC,have bought a tad shy of 20 million last month as did BNY. ........Prop - Have you a position ? ,or merely adding a little levity to a board that takes itself too seriously at times ?? ....As for a quid by end of year- Quite eeringly you may be right !! ....Look at their accounts !...and cash flow and the talk of yet another acquisition ................a'bientot mon pote ///@+

Looks like the next jump up point !!
What's the rumour on the street??
A quid by the end of the year, I fear not, but oh how I wish
Peter

pjstanton

Boy in my class at school called John Stanton lived in Fulham, must be aged 61 now.

Believe me Roly trading sentiment in this stock is quite amazing.. A few weeks ago volume went up twenty fold for a few days with inevitable rise in s/p . Fundementals speak for themselves ; but lest you like like a little simple chartism thrown in - The !0 and 50 day expotential moving averages crossed vertically at 15.75 level chasing the upper bollinger band So the froth in s/p is anything above 15.75 . Now today was the call for settlement on t +10 players yet very few sold their positions . i thought today would witness a few big sellers banking hansome profit but it seems everyone awaits results which word on da street has it that even the optimists will be pleased in a smug sorta way ..hehee ,,Now mms are short of stock after spending all week selling to punters @ 18 to 18.75 level . .only to be forced to rise the price today in order to attract sellers to satisfy another wave of buyersof which many were in the region of 50,000 to 400,000 . This company is reaching that point were its plain literal constant momentum of 23% rising progressively over 3 weeks will start hitting radars of most traders. This stock @ 20p has very little premium as it stands. Very little . A P/E ratio nearer 10 than 20. ,ample cash in the bank to make more aquisitions following its 75 million takeover of Schlegel . , lt has in Gall and Thompson something of a rarity and which i believe should remain a core asset. lt s portfolio is not only full of leading brand names such as KLAW with customers actually ordering as matter of choice .lt also contrubutes 4mg stg to the enlarged group. and on an annuaulized basis has been grown by 31% per annum ,,And they pay a dividend ,,,lol Can you believe it .? A progressive one at that . .Look into it . Having been in this stock since it was 3p during hi tec boom....and in and out about 30 times before that when it was @ 2p after reverse takeover in about 1998 to attain a listing on LSE on the cheap it has had a bizzarre history,,,But a very successful bizzarre history . Now with Greg "Tomkins" Hutchins as CEO and a very succesful management team accustomised to success everything now seems very normalized with the corporate image of a mimi conglomerate . And what with such diverse activities from making couplings and a range of products for the gas/oil sector. to making the cushioning to make airtight door frames and window frames. Also while remaining financiers to other co-orporate clients this company is heavily cash generative ,lt is in its infancy and what with the recent aquasitional size of Schlegel it is surely due a rerating ................................... As for its market dynamics/ mechanics .As results approach and volume increases l can only see its own momentum driving it on as lts chart suggests it almost ready to break out towards 30p and beyond. A m/c of 123 mlln stg is derisory considering assets. @+ J.

Amities / .buyers outstripped sellers by a ratio of 20~1 ..{ 2.5 mn buys - 200K sells - and not even a single tick upwards .....What do mms want ? ..The moon on a stick ? !! ..@+ J ..pfff... Les branleurs !!

Some very nice 300,000 trades @ 19.25 today..Holding up well in such a volatile market .......

up a few ticks -..18.75 to 1950 - somewhat bucking the trend . Nice 519,000 buy & 19.50.......Hopefully breach 20p........'@+ j

19.5 v 20p,,,,,,,,the fight is on ,,,...mms soaking up any stock sold ....as i speak spread is marked up ,,19.75 v 20.25........a tad shy of 5 million thus far traded today .

Lup suspended,Greg in for another reverse takeover.

I've waited weeks for new funds to buy in here. Funds came in yesterday. Tried to buy at 9.53am today, nicely catching the dip below 20p - on-line and brokers too busy to take my call till after 10.00am by which time shares suspended. Very f**king frustrated!

Any views on whether SP will be up on prospects or down on dilution on readmission? Anyone know how I can get a text or similar alert immediately on readmission?

ln Feb of 2006 when Lupus last had recourse to suspend thier shares in what was again a reverse takeover of Schlegel, the shares positively flew upon readmission. The market liked the deal so it added a third of its weight.. Of course, it would be folly to use this example to proove the same will occur again. . But looking at our latest accounts, we are running at such a discounted level to our peers its gauling . Not only do we have a nice pile of cash for a smallcap, a full order book for 2007 ,rapidly depleting gearing , and a P/E of 12.8,and offer a 3.2% div, but in small subsidiry Gall and Thompson we have a company in itself which if afforded the same P/E of LUP would command an s/p of 56p.- Profits up year on year from 750k to 4-5 mlln stg in 4 years; and taking orders for 2008 .lt is a gem of a company in the provision of gas/oil couplings and the trademarked "KLAW" range of products. .Little wonder the board turned down the derisory 12 mn stg offer in 2003 when Chairman , Charles Ryder CEO- Oliver Stockern /and Head bean counter James Orr were sent packing after THEIR co-orporate costs became unnacceptable.. LUP appeared a very vulnerable one horse pony which attracted every shark in the water in those days . Only for the temporary stewardship of Fred Hoad did LUP survive intact. Decent ?/ perceptive? man. . But then came a very large shark with a capital "H" in Greg H. injecting 20 mn of his own monies in the company, his two year patience in finding exactly the type of company he should make his new companies first aquisition. The ultra succesful intergration of Shclegel is reflected by the highly impressive increased profits. With such a man at the helm with such a vested fiscal interest and perhaps something more important - Someone who has something very personal to prove - ln that proving the ultra succesful Tomkins was not a "one off " . .... . .. ..At the end of the day lets see exactly what he has / hasnt bought.......But even without ANY aquisition LUP is trading at a ridiculous discount to its peers. ..and needless to say i am very overweight. concentrated @ 12.75 to 15p ,,and with buy signal at 15.75 with convergence of 10/50 ema so bought a few more @ 16.25 and 18p. .bonne chance et al .....@ J................................

Juste look at the massive positions taken by the cream of investment institutions in a single day . (25th ) ....Absolutely phenomenol. Havent see 5 instutions all buying on the same day for a long time ..............As soon our new aquisition is nicely bedded in with appropriate synergies l see 60/75p by next finals ........lf NOT before .....All illustating what GOOD management can do .....Like a bar of blackpoool rock this has "WINNER written right through it ,,,,,,,,,Nice one Greg ....a'bientot ....@+ J...............................S/D Apologies but i missed your posting , As i remarked to Aldwick at the time of issue via e-mail that what with such an enormous rights issue this stock will hug the 18 19 mark for a while...........................................................and then once the dust settles it will go straight to 30p and by interims ,,,,Qui sait ? S/D - Furthermore l am aware you dislike me ;but this games not about liking me/disliking me -lts about making hard cash so lets make it ,,,,,,,,You wont regret your LUP buy . l originally bought at 2p when brokers wouldnt sell on a T settlement without you first placing 50% upfront.................................How times change huh ? Be good and if you cant be good - BE BAAAAAAD ,,,,@+ J

TFC
In truth it's your posts, not you, I don't really like. But I have my suspicions! lol!

But much more palatable when we are in agreement over LUP than arguing over CHP. Funny that.

The French Connection
You have done well perhaps you can tell me when you bought for 2p. I will be really interested to know.

Well considering you are so "really interested" in my share dealings i shall tell you. .l bought into a company called Octroi group ,which despite, having 9m in banked cash ,and 2 fledgling oil support group companies in both Gall and Thompson and "KLAW" products ,were suspended from the LSE ,,Lupus under the then "new" stewardship of Stockern /Ryder/Orr/ immediately saw its glaring potential and brought the company out of suspension and absorbed it ..Negotiations were hard as Octroi knew what with monies banked and a full order book it was a going concern and as such bargained from strength ..The cash / share offer LUP paid Octroi shareholders in effect equated to 2p per Lup share...Mid at the time was about 4.5. ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,Those Octroi s/holders with large principal positions and uncertain reg Lup future- considering its shares had halved in a year- were juste glad to get something back that they constituted " distress sellers " and i personally know of a few people who paid as little as 1.45p for blocks of stock.....................

Well done you must have held them at least 5 years probably a lot longer.

Feed the birds, 2p a share, 2p, 2p they're calling to you . . .
lol!
There he goes again, 'e is incorrigible!

Poacher,

Why don't you go and fry a egg.

The Octroi prospectus for sale document is no secret Stockdog.. You should try reading it before you end up with poachers freshly fried egg all down your smug face. ,,,,............................Your sniping comments only but serve to illustrate your OWN ignorance and lack of research. ...@+ j . ...As it happens l havent always written on this BB...lf you scour either the MF or AOL boards you will see that when you lot were all faffing about with hi tec stock i was buying mining and oil stock. GFM for 3p, CEY for 9p , JKX for 36p , FDl for 35p,,JLP for 24p and PMO ,,,,,,,,,,,,,,,,,,,and ,of course "shorting" hi tec crap like DUC , VOC , KWL , and Baltimore tec .....oh sod it i cant be arsed. /your wasting my time ........,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,But more recently who was right reg. CHP ? Sharesure,his cronies, and the poor wretches scared of missing the boat going long ? ,,,,or me going short ? .....Yet as happened before with NML, PET, SEO i who was right was derided and filtered . Now SS is only arsed about his taper relief ,,lol ...Not even a hint of admission he was WRONG !!! Like you are wrong now

Ridicule is the tribute paid to the genius by the mediocrities

Aldwick, since I am happy to admit to mediocrity (sad, but true) what else but ridicule could you expect me to offer TFC?

TFC is 100% reliable in never allowing a chance for self-justification to pass unanswered - a peculiar trait for a genius to bear, n'est-ce pas?

Ptholden,

Give us a clue, whats the pic for ?

Lupus Capital PLC
18 May 2007

The Annual General Meeting of Lupus Capital plc was held on May 16 2007. All

resolutions set out in the notice were duly passed. Greg Hutchings, the
Executive Chairman, made the following statement:

'Lupus had another very successful year in 2006 with earnings per share up 37
per cent and dividends increased by over 21 per cent. It also included the
acquisition of Schlegel.

'2007 has started off well with record order books at Gall Thomson and good
progress at Schlegel. In addition, 19 days ago we completed the 242.5m
acquisition of Laird Security Services Division on 27 April 2007, financed by
136m of equity and 120m in bank debt. These businesses are an exciting
addition to Lupus and we expect to be able to grow and develop them'.

Just catching up now with this posting ....in the recent "rights" plus "excess" shares issue I have staked my estate
LUPUS is now in share capital size within the top 500 companies ...albeit loafing in Aim. Is that because rules are just a wee bit softer there?
Hopefully the next company interim report will be favourable. If that is coupled with a dividend increase then the capital size will increase as share values jump up.
Here is to LUPUS reaching the "250"!!
I have made an enormous amount of money out of PZ Cousins. From its days of 240p (in about 1999) share values increased and brought it into the "250" where the shares where of the greater status. A year or so ago there was a 10 for 1 issue.

PZ Cousins is a defensive share, i think there are two types quoted A & B

re posting 91 ....B were non-voting shares. However B shares went about a year or so ago and all shares are now voting
Keep your eye on PZ COUSINS ...as price will zoom one day, which could be sooner rather than later.
Do not let the decoration of a "defensive" share confuse anyone
Meantime the weak dollar does not do PZ earnings any good

down again - seems to be in freefall at the moment. anyboby got any news why the sp is falling??

U S housing slump , thats why i sold out @ 18.75

Maybe the falling $ didn't help as well.

lupus is falling with the 250. Nothing has changed in fundamentals. I continue to hold.
Any body there buy Aussie stocks? I was out there Jan and met some very big share holders in Marion Energy. This co is drilling for gas in USA and has had big finds. I bought Jan at 63cents. Current A$1.50. Several big holders (10million shares plus between them) say they won't sell out until A$2 but may expect $A3. Try asx.com and enter ticker mae and watch!

TOO MANY SHARES OUTSTANDING NOW TO MAKE SIGNIFICANT MOVES WITH THE SP.

I HOLD LUPUS FORM WAY BACK IN 1999 WHEN AT 10P OLD SHARES.

I HOLD FOR THE DIVI ONLY ANY SP INCREASE IS A FREEBIE

See my posting no. 90
I am now very sober and its looks as though my estate is a "bob or two" down ...to put it (very) mildly
The interim results look/read good.
If any one has read those results and can make a learned comment that will be very much appreciated
So where is the signal of danger in those interim results ??????????
If i recall correctly GREG H could commence to sell his holding in September but there has been no director sale announcement
Greg H owns a good chunk(3.62%) of the company
His right hand man at Tomkins is his right hand man at Lupus i.e. D Mulhall who owns 6.65 million shares
Thus there is every incentive for Hutchings and Mulhall to both maintain and increase the value of the shares
One could buy the shares to-day at 13p ...sadly i am out of cash at present other-wise i might well have made a substantial purchase

From another thread ........

"UPS" (Added by Master RSI on Wed 03 Oct 09:28 am)

LUP - Mid 13.125p ( 13 / 13.25p )
Reason - on the way UP today, as a 12M "X" trade went through the ticker, it could be an overhang cleared,
good interim results last week and trading on a PE of under 8 and the Indicators now rising from oversold

A lot of buys at the close.

big fall today my original thread will have another look as they look too cheap at this level

The moneyam chart is incorrect.

Can U explain what you mean Franco?