dexter01
- 26 Sep 2005 11:22
Just had a look on Reuters, they give MEQ a risk grade of 85 ie. no risk at all.A no risk share at a silly price!!, come on now.
Dexter
dexter01
- 26 Sep 2005 12:03
- 2 of 78
Final Results
29 June 2005
Microcap Equities Plc
Preliminary results for the year ended
31 December 2004
Chairman's Statement
I am pleased to report the results of the company for the year ended 31
December 2004.
For the year under review, the company recorded a loss on ordinary activities
before taxation of 890,441 (2003 -260,266) which was largely attributable to
the write-off of goodwill of 963,447 arising from the acquisition of Equity
Portfolio plc in August 2004. The company made a profit of 73,000 on ordinary
activities before taxation and the goodwill write-off.
The acquisition of Equity Portfolio plc was effected in order to give the
company access to working capital without diluting its net asset value and put
307,000 in cash on the company's balance sheet.
During the year under review, the company made investments totalling 225,000
in four AIM quoted companies; Healthcare Holdings plc, London Asia Capital plc,
The Niche Group plc and Matisse Holdings plc and one unquoted company and
realised a profit of 267,532 on the sale of its investment in Active Hotels
plc.
Christopher Phillips has informed the company that he intends to resign as a
director to pursue other business interests and his resignation will take
effect on 1 July 2005.
Nicolas Greenstone
Chairman
dexter01
- 28 Sep 2005 12:49
- 3 of 78
looks like there could be another little run upwards, the other day you only had to buy 500 worth to get ti to tick up!
dexter
dexter01
- 28 Sep 2005 15:23
- 4 of 78
now up 21%, up up and away!!
dexter01
- 28 Sep 2005 16:14
- 5 of 78
1,000,000 T trade buy, keep going!
dexter01
- 28 Sep 2005 16:29
- 6 of 78
up 21% today, keep an eye for a quick return.
Dexter
dexter01
- 28 Sep 2005 18:49
- 7 of 78
Microcap Equities Plc ('Company')
Interim results for the six months ended 30 June 2005
Chairman's statement
I am pleased to present the results of the Company for the six months ended 30
June 2005, which show an operating loss of 57,000, a 50 per cent. reduction
compared to the same period last year (2004: 106,000).
To achieve this reduction, the directors have kept overheads to the minimum
required to maintain the Company's quotation on AIM.
On 1 July 2005, Christopher Phillips resigned as chairman and I was appointed
in his place.
The directors continue to seek ways to maximise shareholder value.
Nicolas Greenstone
Chairman
28 September 2005
Microcap Equities plc
Profit and Loss Account
for the six months ended 30 June 2005
6 months 6 months Year ended
ended 30 ended 30 31 December
June 2004 2004
June 2005
(unaudited) (audited)
(unaudited)
'000 '000
'000
Turnover 3 - 5
Administrative expenses (60) (106) (1,164)
Operating loss (57) (106) (1,159)
Profit on sale of shares 3 - 268
Interest receivable - - 1
Loss on ordinary activities before (54) (106) (890)
taxation
Tax on loss on ordinary activities - - -
Loss on ordinary activities after (54) (106) (890)
taxation and Retained loss for the
period
Loss per ordinary share (0.11p) (0.35p) (2.36p)
The profit and loss account has been prepared on the basis that all operations
are continuing operations. All recognised gains or losses are dealt with
through the profit and loss account or statement of recognised gains and
losses.
Microcap Equities plc
Balance Sheet
as at 30 June 2005
30 June 2005 30 June 31 December
2004 2004
(unaudited)
(unaudited) (audited)
'000
'000 '000
Fixed assets
Investments 229 178 304
Current assets
Debtors 118 17 152
Cash at bank and in hand 37 - 8
155 17 160
Creditors: amounts falling due within one (81) (289) (107)
year
Net current assets/(liabilities) 74 (272) 53
Total assets less current liabilities 303 (94) 357
Net assets/(liabilities) 303 (94) 357
Capital and reserves
Called up share capital 1,116 947 1,116
Share premium 3,321 2,257 3,321
Profit and loss account (4,134) (3,298) (4,080)
Equity shareholders funds 303 (94) 357
Microcap Equities plc
Cash Flow Statement
for the six months ended 30 June 2005
6 months ended 6 months ended
30 June 2005 30 June 2004
(unaudited) (unaudited)
'000 '000 '000 '000
Net cash (outflow)/inflow from 45
operating activities
(49)
Purchases of investments - (48)
Sale of investments 78 -
78 (48)
Increase/(Decrease) in cash 29 (3)
Microcap Equities plc
Notes to the Interim Results
1. The interim results are unaudited and do not constitute statutory accounts
within the meaning of section 240 of the Companies Act 1985. The figures
for the year ended 31 December 2004 have been extracted from the statutory
accounts filed with the registrar of companies on which the auditors gave
an unqualified report.
2. The interim results have been prepared using the accounting policies set
out in the statutory accounts for the year ended 31 December 2004.
3. The comparative figures for the unaudited interim results for the period
ended 30 June 2004 are stated as announced on 24 September 2004.
4. Loss per share
The earnings per share for the six months ended 30 June 2005 has been
calculated on the basis of the loss after taxation for the period of 54,000
(2004: 106,000 ) and the weighted average number of shares in issue during the
period of 47,623,600 (2004: 30,649,927). .
5. Copies of the interim results will be available at the registered office of
the Company, One Great Cumberland Place London W1H 7AL.
6. The directors do not propose to pay a dividend for the period.
| Register | Our Services | About MoneyAM | Terms and Conditions | Privacy Policy | Investment Warning | Content Standards | Corporate Solutions | Advertise With Us |
2005 MoneyAM
hangon
- 09 Nov 2005 01:31
- 8 of 78
Went down nearly 10% today but that's just continuing their pattern for the past year -
dexter01 - do you have any knowledge of this co?
They are shown as being "financial" and I've read (your posts)above - difficult to get in touch with them and if their sp is falling this fast, what hope for their investments - unless they are truely undervalued hot-stocks with bags of potential - the sp doesn't reflect this IMHO.
katcenka
- 28 Nov 2005 17:04
- 9 of 78
why these tick ups but no news, anyone know the reason, been watching it, but not bought in, it was up on friday as well and there were no buys at all
Crazyfrog
- 28 Nov 2005 17:44
- 10 of 78
I took a dip today ;-) ... News expected
Treacle28
- 13 May 2009 18:10
- 11 of 78
Statement re Share Price Movement (Microcap Equities)
TIDMMEQ
12 May 2009
Microcap Equities Plc
(the "Company")
Statement re: Share Price Movement
The directors of the Company (the "Directors") note the recent movement in the
Company's share price and the high volume of recent trades in the Company's
shares.
The Directors confirm that they are currently in negotiations with certain
parties with respect to an equity investment in the Company. No guarantees can
be made as to whether or not such negotiations will lead to a transaction being
concluded. A further announcement will be made in due course.
For enquiries:
Microcap Equities Plc 020 7247 9691
Nicolas Greenstone 020 8371 3071
Rakesh Patel
John East & Partners Limited 020 7628 2200
Bidhi Bhoma
END
Treacle28
- 13 May 2009 19:35
- 12 of 78
The below quote from the Interims last September:-
'The company has been seeking to make an acquisition or to attract additional
investment and the directors are optimistic that they will be able to achieve
one or the other before the year end'.
And this week's news:-
'The Directors confirm that they are currently in negotiations with certain
parties with respect to an equity investment in the Company'.
With Finals next month I think the aim will be to conclude the negotiations as soon as possible with everything wrapped up prior to results. IMO should see exciting developments over the coming weeks and a new chapter in MEQ looms. DYOR as always!
XSTEFFX
- 13 May 2009 20:44
- 13 of 78
Treacle28
- 13 May 2009 21:04
- 14 of 78
Volume:-
XSTEFFX
- 14 May 2009 17:07
- 15 of 78
The approximate number of plastic bags consumed this year:
183,112,410,621
Treacle28
- 14 May 2009 21:06
- 16 of 78
In negotiations with more than one party about equity investment. That is also a v.big positive amongst everything else highlighted. Next step imo would be any interested party putting the equity in, then acquisition via normal routes or reverse takeover. In CN. there was alot of very large buys prior to the latest big rise and hence whilst we wait for further news one of the interested parties may start taking a stake whilst the share price is so low imo.
Treacle28
- 14 May 2009 21:08
- 17 of 78
MEQ's chairman has the pedigree to pull a rabbit out of a hat...the below link (background information) on directors makes interesting reading. We have another individual also Mr Rakesh Patel on board who has been involved in more than 25 AIM transactions.
'During his legal career, he led transactions with an aggregate value in excess of 3 billion, including a real estate acquisition with a transaction value of 600m'.
http://www.microcapequities.plc.uk/meq/documents/comp_disclosure/rule26_tear_sheet_08_08.pdf
The chairman is also on the board of Merchant Capital.
'Nicolas is the proprietor of Barton Brown Limited, an FSA authorised corporate finance firm which specialises in small cap fundraising and listing'.
http://www.merchant-capital.com/our-team/nicolas-greenstone
Some more background bearing in mind MEQ's links to Merchant House Group. MEQ has the listing and Merchant House trying to bring asian companies over here. Use MEQ's listing has been the long wait.
20 March 08
Merchant House Group plc is taking a 49% stake in a new venture aimed at bringing Singapore, Hong Kong and Malaysian companies to the London market.
http://www.merchanthousegroup.com/recent-press/singapore-corporate-finance-arm-marks-latest-restructuring-step
Our Services
Fundraisings
We have an integrated and pragmatic approach to fundraisings and seek to provide clients with the most effective and appropriate financing solution, based on their strategic objectives.
We may develop a phased fundraising strategy for clients with a view to maximising shareholder value.
* Introductions
* Secondary equity offerings
* Reversing into a cash shell
* Private equity
* Debt and asset-based financing
http://www.merchant-capital.com/our-services/fundraising
Treacle28
- 17 May 2009 16:27
- 18 of 78
Lots of articles seem to be written this year inc. recently too about cash shells. And hence no surprise that MEQ is in discussions with more than one party. Hopefully start of next wave of rises this coming week after consolidation towards end of the week. I would have thought the board would try and conclude the negotiations and any subsquent activity prior to the finals next month. Nearly all the buyers at 0.40-0.55p have kept hold of their shares.
Treacle28
- 19 May 2009 08:23
- 19 of 78
Some strong buying returning again yesterday, next wave of rises maybe on the horizon.
Treacle28
- 19 May 2009 17:55
- 20 of 78
Started rising again with today's rise. May turn out to be another super week again.
Treacle28
- 20 May 2009 08:26
- 21 of 78
These have started rising on minimal buying again, up again today thus far. Last weeks news referred to an announcement in due course.
Treacle28
- 20 May 2009 11:54
- 22 of 78
0.30-0.40p, one to watch now imo.
Treacle28
- 21 May 2009 12:05
- 23 of 78
Got a few more this morning at .35p.
Treacle28
- 22 May 2009 11:49
- 24 of 78
Some decent buys today, 500K + 323K.
Treacle28
- 23 May 2009 15:40
- 25 of 78
http://www.growthbusiness.co.uk/channels/raising-finance/flotation/1047067/cash-shells-aims-bestkept-secret.thtml
Cash shells: AIMs best-kept secret
Article Date: May 21 2009
Oliver Haill
Cash shells offer another way to float
Deciding to take your company public at the moment seems as eyebrow-raising a move as streaking at a national sporting event.
A cash shell might offer a more discreet solution. Essentially, a cash shell is a company with not much more than a stock market listing, some cash in the coffers and a director or two. It can provide a less risky route to the public markets than an initial public offering (IPO).
Treacle28
- 29 May 2009 18:15
- 26 of 78
Picked up another 350K more today. IMO will be likely that negotiations with interested parties will be concluded prior to end of June which is when by the final results have to be announced.
Argy2
- 29 May 2009 18:40
- 27 of 78
Let's hope this is a better performer than your recent disappointment of DISL.Buyers Beware.
Treacle28
- 30 May 2009 19:59
- 28 of 78
May 2009 - Analysis
M&A activity picks up on Aim
http://www.petroleum-economist.com/default.asp?page=14&PubID=46&ISS=25382&SID=719720
MEQ searching for an acquisition for two years now although the first time in long while about being close possibly with the news about negotiations with certain parties with a view to an equity investment in the company earlier this month.
Treacle28
- 01 Jun 2009 08:47
- 29 of 78
Some blue this morning. One to watch imo.
Treacle28
- 01 Jun 2009 09:11
- 30 of 78
Further re: Share Price Movement (Microcap Equities)
TIDMMEQ
1 June 2009
Microcap Equities Plc
(the "Company")
Further re: Share Price Movement
Further to the announcement made on 12 May 2009, the Company announces that the
negotiations referred to in the announcement are ongoing. There is no guarantee
that these negotiations will result in a transaction involving an equity
investment being concluded. However, in the event that the parties involved in
these discussions make an equity investment into the Company it is likely that
this investment would be made at a significant discount to the current
middle-market share price of 0.26p per share, being the price at close of
business on 29 May 2009. A further announcement will be made in due course.
For enquiries:
Microcap Equities Plc 020 7247 9691
Nicolas Greenstone 020 8371 3071
Rakesh Patel
John East & Partners Limited, a subsidiary of Merchant 020 7628 2200
Securities PLC
Bidhi Bhoma
END
Treacle28
- 01 Jun 2009 09:11
- 31 of 78
That's fine imo and then next step would be acquisition and would still expect significant rises. First time such RNS's have been announced so together and possibly to keep the price low. Normally is the case before reverse takeover etc happens. My ROE got their investment at 0.25p against the then price of 0.50p and did not stop the price get to 4p soon after. After two years of searching it is a poignant moment if the company gets an equity investment.
Treacle28
- 04 Jun 2009 17:56
- 32 of 78
Found support on the 200 day moving average....should see hopefully upwards movement rest of the month as the long awaited news on equity investment and possible imminent acquisition or reverse takeover is finalised.
Fred1new
- 04 Jun 2009 17:59
- 33 of 78
Treacle, Are you trying to hide this graph in the dark?
Treacle28
- 04 Jun 2009 18:38
- 34 of 78
The 200 day moving average is more visible.
ptholden
- 04 Jun 2009 19:40
- 35 of 78
'Found support on the 200 day moving average'
LoL, what a load of cobblers.
It's also made a succession of lower lows. TA is meaningless with such a micro stock with poor liquidity. What's the usual spread of this one, 100%.
Treacle28
- 05 Jun 2009 18:26
- 36 of 78
3 buys today albeit small after a fair few days. Wouldn't expect the MMs to keep higher buy limits at these prices with the buyers prepared to pay upto 0.55p not so recently ago and before news comes.
ptholden
- 06 Jun 2009 12:55
- 37 of 78
Seems not to have found support on the 200MA, what next?
Treacle28
- 08 Jun 2009 10:21
- 38 of 78
0.15-0.22p, 2 v 1. Finally some blue.
Treacle28
- 08 Jun 2009 18:28
- 39 of 78
Started rising again finally today on the 200 day moving average, may see further gains this week. Should also see imo price start increasing on less buying with most of the buyers from upto the 0.55p levels in mid-May holding firm. Finals have to be out at the end of month so v.likely news on equity investment which will be good news irrespective of the price as the company has been searching an investment for years. Next step imo would be acquisition or reverse takeover, and new board members.
ptholden
- 08 Jun 2009 21:02
- 40 of 78
Sp last week SP found support on the 200MA, today is it's on the 200MA having dipped below, isn't that resistance??
ALl meaningless with this stock anyway, spread alone will move the SP.
jkd
- 08 Jun 2009 21:33
- 41 of 78
pth
nice of you to protect all newbys from treacle, i\ve done my bit in the past. lets all take it up and take it in turns, youve done yours. i now simply ignore but someone has to take up your batton. and then pass it on.
regards
jkd
ptholden
- 08 Jun 2009 22:16
- 42 of 78
Hi jkd
The guy is a leach. The few he gets right, he piggy backs onto micro stock specialists such as Duss on ADVFN (who is prepared to wait years for a return). Hope you are well and trading successfully.
Treacle28
- 10 Jun 2009 08:47
- 43 of 78
Got a few more this morning.
Treacle28
- 10 Jun 2009 08:52
- 44 of 78
Nice 500,000 buy at 0.20p, largest buy for weeks.
Treacle28
- 10 Jun 2009 09:05
- 45 of 78
Up 21.62% on 1.25m in buys????
Treacle28
- 10 Jun 2009 09:40
- 46 of 78
Up 40% now, anything can happen with cash shells. if a big gun comes on board then the sp flies.
ptholden
- 10 Jun 2009 10:23
- 47 of 78
Only another 10% to go and buyers at .20p will be at break even (with a 50% spread). Of course a good 'ol pump and dump on multiple BBs always helps.
XSTEFFX
- 10 Jun 2009 10:59
- 48 of 78
IT DID IT 0.3p TO BUY NOW 0.24p to sell.
Treacle28
- 10 Jun 2009 15:23
- 49 of 78
2.10m in buys and looks poised for futher gains this week now imo.
oilyrag
- 10 Jun 2009 15:29
- 50 of 78
NOT IN MINE. As sp rises so does the spread making this untradeable and locking peeps in. Strong AVOID IMHO.
Treacle28
- 10 Jun 2009 17:35
- 51 of 78
What if these go back over 0.50p? Already missed 0.20p because of spread and now do we miss 0.30p to buy because of the spread too.
Treacle28
- 10 Jun 2009 17:43
- 52 of 78
We broke the 50 day MA too today...we know what happened the last time the price broke the 50 day MA:-
And the 200 day MA:-
ptholden
- 10 Jun 2009 20:06
- 53 of 78
When it broke through the 200 MA downwards was it a sell?
Now it's gone back through it's a buy?
Parasite
Treacle28
- 11 Jun 2009 18:12
- 54 of 78
Spread 0.21-0.25p at close, so may see some interest again tomorrow!
jkd
- 11 Jun 2009 19:41
- 55 of 78
pth
why do you bother? i guess someone has to so hats off to you.
kindest regards
jkd
Treacle28
- 11 Jun 2009 19:47
- 56 of 78
Green shoots on AIM???
Retail property fund plans 250m IPO
11/06/2009 Oliver Haill
NewRiver Retail, where Peter Tom is director, seeks 250m
Further signs of 'green shoots' emerged on AIM as two investment funds, high street property investor NewRiver Retail and media-focused Critical Information Group, announced their intention to float.
If both companies complete their IPOs, on 24 and 25 June respectively, it would double the number of new issues on AIM this year, with the only previous arrivals being the February introduction of Singapore shipping play Yujin International and May's 220 million float for investment fund Max Property.
http://www.growthcompany.co.uk/news/1051842/newriver-seeks-250m-float.thtml
jkd
- 11 Jun 2009 20:07
- 57 of 78
t28
your early reply clearly shows your it skills and abilities. this can not be disputed. if only you might harness them to benefit both you and others more. its such a shame that you waste your talents. and waste them you do on this thread, and other threads, why not put them to better use? you and your talents and abilities are such a waste. wake up. stop conning others. realise that what goes around comes around.
consider putting your talents to good use for the benefit of others. you then will start to receive those same benefits. tis true. doubt you will believe, why not try it for a month or two?
regards
jkd
Treacle28
- 13 Jun 2009 16:40
- 58 of 78
RTO's back in the offering.
Mike Danson to take control of TMN through reverse takeover
by Daniel Farey-Jones, Brand Republic 05-Jun-09, 14:30
LONDON - TMN Group has agreed a reverse takeover of Mike Danson's Progressive Digital Media Group, giving him control over 85% of the company.
TMN shares were readmitted to trading on the Alternative Investment Market today as a result of the agreement on a reverse takeover.
http://www.brandrepublic.com/DMDaily/News/911450/Mike-Danson-control-TMN-reverse-takeover/
Treacle28
- 15 Jun 2009 09:11
- 59 of 78
Bit of blue again.
Treacle28
- 16 Jun 2009 19:05
- 60 of 78
With the Chairman's links and position at Merchant Capital...the below again makes interesting reading.
Quoted Cash Shells
For clients looking to raise capital and achieve a quote:
For certain clients, reversing into a Cash Shell may represent an attractive alternative to an IPO or private equity fundraising. A Cash Shell may allow a transaction to be structured according to the particular requirements of a company or project in a more flexible way. A reversal is suited to situations where certainty of funding and timing is a key factor. Situations where a Cash Shell can work best include:
Roll-ups/Consolidation Strategies
* Acquisition of one or more companies with enlarged group seeking a quote
* Quoted paper as acquisition currency
Management Buy-outs/Buy-ins
* MBI team with quoted paper and cash but target to be identified
* Funding and quoted paper for MBO team
Small or Zero Funding Requirement
* Difficult to attract broker interest in an IPO if less than 5m
* Cash Shell can provide better liquidity than an Introduction
In these situations, a reversal may also provide an effective mechanism to attract and incentivise key personnel and raise the corporate profile in the same way as an IPO.
For failed or failing quoted companies:
Shareholder interests in failed or failing quoted companies can sometimes be best served by re-organising and restructuring the entity to produce a Cash Shell with a strategy to create value for shareholders by identifying an attractive operating business for a reverse takeover.
Merchant Capital advises clients on the restructuring process which may include disposing of any residual businesses or assets, putting the company through a Company Voluntary Arrangement (CVA), new board appointments and an injection of new capital. The aim is to realize value for shareholders through the restructuring and provide them with a residual interest in a clean vehicle positioned for a reverse takeover.
http://www.merchant-capital.com/our-services/quoted-cash-shells
Treacle28
- 23 Nov 2009 15:30
- 61 of 78
Microcap Equities Directorate Change
TIDMMEQ
23 November 2009
Microcap Equities Plc
(the "Company")
Directorate change and transaction update
The Company announces that James Holmes has resigned as a director, with
immediate effect, in order to pursue other activities
Further to the statement in the interim results announced on 25 September 2009,
the Company also announces that it is now at an advanced stage of negotiations
with a potential subscriber for new shares and expects to make another
announcement shortly.
As part of this potential subscription, the Company has been provided with an
interest free loan of GBP36,000 by the potential subscribers for the payment of
Company's immediate creditors. It is intended that if the proposed transaction
proceeds, the loan will be capitalised as part of the subscription.
For enquiries:
Microcap Equities Plc 020 7247 9691
Nicolas Greenstone 020 8371 3071
Rakesh Patel
Merchant John East Securities Limited 020 7628 2200
Bidhi Bhoma
END
Treacle28
- 23 Nov 2009 15:31
- 62 of 78
Looking very good from today's news on equity investment. Ord is also 1p. Wouldn't have provided the loan of 36,000 if weren't going to get their money back.
Topped up with 569,384 shares at 0.25p on the back of today's news. Could see spurt upto 1p minimum soon imo. James Holmes going also sounds right, with people putting the money in bringing their own directors imo in due course.
ravey davy gravy
- 23 Nov 2009 17:11
- 63 of 78
So you dumped the RLH and bought the Meq instead.
Do you ever stop pump and dumping treacle ?
Treacle28
- 23 Nov 2009 20:00
- 64 of 78
Hold both and if you'd looked, you would have seen I've been a buyer in MEQ since Spring this year and all the news is feeding through as per research.
Treacle28
- 23 Nov 2009 20:02
- 65 of 78
Chairman's Background:-
Nicolas Greenstone qualified as a solicitor in 1973 and went on to specialise in corporate and securities law. He has been a partner in Berwin Leighton, Olswang and Fladgate Fielder and was head of the corporate department in the latter two firms. During his legal career, he led transactions with an aggregate value in excess of 3 billion, including a real estate acquisition with a transaction value of 600m. He was involved in more than 40 flotations on the Official List, the Unlisted Securities Market, AIM and OFEX, now PLUS Markets. He is a co-author of the Butterworths published book on Management Buy-Outs.
He is chairman of Microcap Equities plc, an AIM quoted investment company, and was until 31 August 2006 chief executive officer of The Niche Group plc, an AIM quoted company which focuses on pre-ipo investments. During his tenure, this company registered gains on investments ranging from 80 percent to 260 percent over periods of months. He is also chairman of two formerly quoted AIM companies, Healthcare Holdings plc and Matisse Holdings plc, both of which are in negotiation intended to restore their quotations on AIM. Nicolas is the proprietor of Barton Brown Limited, an FSA authorised corporate finance firm which specialises in small cap fundraising and listing.
He is a solicitor of the Supreme Court and a Fellow of the Securities and Investment Institute.
http://www.merchant-capital.com/our-team/nicolas-greenstone
Treacle28
- 23 Nov 2009 20:02
- 66 of 78
Sep 29 2009
Deal flow
Although investors have kept their hands in their pockets and IPOs have been on hold, Simpson and his junior markets team of seven have been busy on a number of transactions. Specialising in the lower to middle end of the junior markets, high-value deals the firm has worked on include the merger of independent IFAs Sumus and Lighthouse Group and the buy-out and delisting of Telent, a telecoms services business with revenue of over 310 million. Says Simpson, There is definitely more buzz about AIM, as a realistic option, than there was 12 months ago.
Much of the work for Saffery of late has been around reversals and takeovers. The stock market seems to be showing at least some form of recovery, and that will always be positive in terms of businesses looking for admission. A number of companies are ready to IPO effectively, theyre beginning to queue up and wait for the markets to reopen, comments Simpson.
Substantial interest is coming largely from overseas companies, notably those based in China, India and the US, says Simpson. The last of these may come as a surprise, given how US ventures have had a mixed experience on the exchange: US companies are continuing to look to AIM, where the regulatory pressures are less onerous. For these companies, its also about getting into Europe, establishing a presence and gaining market visibility.
http://www.smallbusiness.co.uk/print//cover-stories/1071872/rise-of-the-reverse-takeover.thtml
Treacle28
- 23 Nov 2009 20:03
- 67 of 78
Lots of reverse takeovers/acquisitions in recent days....fuelled by bouyant market.
http://www.google.co.uk/#q=reverse%20takeovers%20%2B%20aim&hl=en&cr=countryUK|countryGB&sa=G&tbo=1&output=search&tbs=rcnt:1&fp=bb2a258dea5f506b
ravey davy gravy
- 23 Nov 2009 20:08
- 68 of 78
Any reason why you are not posting about Rlh this evening after that rise ?
Treacle28
- 23 Nov 2009 20:11
- 69 of 78
Coz there is no new information I've found. I'm going to watch Eastenders now if you want to know.
ravey davy gravy
- 23 Nov 2009 20:11
- 70 of 78
Actually 0.25p or higher seems extremely high risk given the recent news.
If they actually raise funds the existing shareholders will see massive dilution
and a price way below the current price, cannot see any reason to buy this.
1 June 2009
Microcap Equities Plc
(the "Company")
Further re: Share Price Movement
Further to the announcement made on 12 May 2009, the Company announces that the
negotiations referred to in the announcement are ongoing. There is no guarantee
that these negotiations will result in a transaction involving an equity
investment being concluded. However, in the event that the parties involved in
these discussions make an equity investment into the Company it is likely that
this investment would be made at a significant discount to the current
middle-market share price of 0.26p per share, being the price at close of
business on 29 May 2009. A further announcement will be made in due course.
Treacle28
- 23 Nov 2009 20:12
- 71 of 78
gravy - squelched.
ravey davy gravy
- 23 Nov 2009 20:51
- 72 of 78
Do you not like reality, that is what the directors of the company said not me.
A "significant discount" to market price which happens to the current price.
Just incase you need to read it twice to understand, not sure why you think
this stock should be bought at 0.28p when they plan to raise capital at a fraction
of this price, the price would probably collapse on that news should they actually
raise the funds but 6 months down the line and nothing has been said ?
1 June 2009
Microcap Equities Plc
(the "Company")
Further re: Share Price Movement
Further to the announcement made on 12 May 2009, the Company announces that the
negotiations referred to in the announcement are ongoing. There is no guarantee
that these negotiations will result in a transaction involving an equity
investment being concluded. However, in the event that the parties involved in
these discussions make an equity investment into the Company it is likely that
this investment would be made at a significant discount to the current
middle-market share price of 0.26p per share, being the price at close of
business on 29 May 2009. A further announcement will be made in due course.
Treacle28
- 23 Nov 2009 21:44
- 73 of 78
'Your Directors continue to investigate ways of increasing shareholder value'.
Nicolas Greenstone
Chairman
26 June 2009
ravey davy gravy
- 23 Nov 2009 21:49
- 74 of 78
That comment above confirms you are running out of ideas here !
Lets just wait and see if they manage to pull off a heavily discounted
placing from the current price.
No reason to buy unless you like losing money.
Treacle28
- 24 Nov 2009 20:20
- 75 of 78
As well as the mention about Canisp. In the event of the worse case fundraising at 0.10p as carried out by Canisp and Zest (beginning of November) recently, Canisp went upto 0.65p and now at 0.40p and Zest climbed to 0.30p despite issuing 300m shares at 0.10p raising 300,000. Once concluded, MEQ are in a much better state and have the cleanest balance sheet, with lowest number of shares in issue at the moment of just 115m and also the mkt cap of just 250K compared to others so imo will be better placed to further go on and conclude any acquisition and more significant rises than others in similar positions on AIM. I'd still expect an immediate rise to atleast 0.50p on concluding the seven month discussions on equity investment!
ravey davy gravy
- 24 Nov 2009 20:26
- 76 of 78
Very misleading post treacle !
You of course have used the very rare examples of a couple of stocks who indeed
did raise funds with heavily discounted placings that later on did go onto rise.
However you fail to mention the many many more stocks that did the same that are
now bust or delisted or simply going nowhere.
I see the price fell sharply today, i've just read the RLH thread on here, you claimed the price would be re-rated so why did you sell them so low ?
Are people that gullible anymore, i think we all know your agenda by now !
Balerboy
- 24 Nov 2009 22:36
- 77 of 78
bravo RDG..;))
ravey davy gravy
- 08 Dec 2009 08:01
- 78 of 78
Opens down 41% on a desperate placing for survival.
I'm just so pleased nobody got wrapped into another treacle attempted
pump and dump.