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Welcome to CONCHA PLC (formerly Hot Tuna (International) PLC.

The stated aims of CONCHA PLC are to evaluate and invest in a broad range of
technology, media, well being and related industries.


Company History

Hot Tuna was born in Australia in the summer of 1969 to serve the demands of sojourning surfers, the product of a dedicated surfer�s passion fueled by the skill of his fashion designer wife. Spreading on the bodies and boards of watermen through coastal locales in the South Pacific, the brand quickly burgeoned globally, becoming an influential leader in the nascent surf industry and one of the progenitors of the neon era of surf in the '80s. Through the brand�s storied history, a long list of notables, in and out of the water, have waved the Hot Tuna banner at one time or another in their careers, including pro surfers such as Richie Lovett, Robbie Page, Beau Emerton and Drew Courtney.

In September 2005, Hot Tuna (International) PLC purchased the Hot Tuna brand from a consortium of investors and listed it on AIM, a division of the London Stock Exchange.

In the interest of managing its brand profile and distribution globally, the public Company began a rapid acquisition of its licensed interests around the world. Talented designers and key management with apparel business expertise from Quiksilver, O�Neill, Ocean Pacific, Rip Curl and Perry Ellis International, among others, were recruited to drive the process in the key markets of the United States, Australia and the United Kingdom. In July 2006, entrepreneur and fashion icon Elle Macpherson, who grew-up with the brand in Australia, was appointed as an executive director of Hot Tuna (International) PLC, her interests focused on design and distribution issues, as well as overall youth fashion and market insight. The Company's name change to Concha Plc (AIM Ticker: CHA) will become effective and the Company will begin trading under its new name from 8:00 a.m. on 7 February 2012.

http://www.conchaplc.com/

Nice 0.075p rise, and plenty of volume again over 13M on less than 2 hours trading.

Well apart from a stake in The Works and a new media digital media company spin off Concha doesn't have anything. They paid £400K for a 30% stake in The Works. If you check companies house, last filed accounts 30/09/2012 show The Works had a net worth of around £130K... I'm sure Panto has done the maths on the premium here... As for all his other research I just wish he'd post some it, but then I suspect he hasn't really done any as paper traders rarely do.

Going, going , gone 0.94p

well done
does that mean you have now (wisely) banked your profit?

re - Going, going , gone 0.94p

Certainly NOT sold yet

meant gone to 0.94p, earlier moneyam was saying 0.94p but was 0.935p ( spread 0.92 v 0.95p )

re - Panto has done the maths on the premium here... As for all his other research I just wish he'd post some it, but then I suspect he hasn't really done any as paper traders rarely do.

If you keept your mouth for eating instead of talking nonesence most of the time, I would have said the reason why is worth buying, but now you will have to wait

Live is a bitch some will say

Tell me something I don't know.

meanwhile, QPP is not faring so well with ~1.5p running loss for panto

QPP is currently 25.50 mid with little buying interest

re - Live is a bitch some will say

...........Tell me something I don't know.

I do know ........ You have none to play with

I don't play well with others anyway.

meanwhile some other have nothing to do, but also with a cynic mouth instead of using it for eating his cooking,. but will follow me .............
............ Rome was not build on 2 hours

That is your problem
QPP curently 26.50p, earlier 28.25p, yesterday 38p, 10 days ago 45p.

panto - i am no acolyte of yours, though on one occasion only (i think) i followed your thoughts with money on EOG and made and banked a sensible profit

i cannot get remotely excited about CONCH, for reasons already explained, and QPP could easily go either way, so i don't fancy backing that one with money either ..... indeed, i rather expect dow to go south at least in the short term, dragging ftse and lemming stocks (especially) with it, though it has resolutely refused to do so over the last 7/10 days

The earlier sharp marked down was due to the RNS .........

Concha raises £2m to pursue its growth agenda

Concha, the AIM quoted investment company focused on investing in technology, media and communications companies, has raised gross proceeds of £2m through a subscription of 333,333,333 new ordinary shares at a price of 0.6p per ordinary share.

The net proceeds will further assist the company in the identification and evaluation of additional investments in line with its investing policy.

Chris Akers, Concha's executive chairman, said: "The subscription represents a new era for Concha. We can now draw a line under the past and start to build a strong platform from which to pursue our ambitious growth agenda."

0.87 sold short.

and the reason?

I've already posted several..

you are a born loser, if you can not see the future of the stock and how is being prime for ............

What future? Prime for what? Its a £7m stock thats lost its money through bad investment and has just gone cap in hand to its investors for more money... Call me what you like, I can't find a single reason to buy this stock and I've yet to read anything here that justifies otherwise..

you have only shorted ...........

cos the placing was at 0.60p, expecting to fall down but ......... share price is rising again.

WHY?

others could see what is going on but not you.