GEOFFREY.R
- 29 Apr 2004 21:07
What is happening with Meriden. There are over 7 million buys today ?
Active
- 16 Aug 2007 19:05
- 18 of 39
LONDON (Thomson Financial) - Meriden Group PLC said chairman Russell Stevens
has resigned effective immediately to pursue other business interests.
TFN.newsdesk@thomson.com
ash/slj
COPYRIGHT
Active
- 16 Aug 2007 19:05
- 19 of 39
Could not even buy 100 quids worth of shares in the afternoon. IMO strong rises are on their way on today's news!
Active
- 17 Aug 2007 19:19
- 20 of 39
Another nice little rise today but the real offer price is 0.16 pence for a decent quantity. Had some buys come through at 0.16p against the screen offer price of 0.14 pence. Slowly reaching the price of 0.18p where someone picked up 5.80 million shares on Monday! The explosive rises IMO are just round the corner!
Active
- 18 Aug 2007 12:44
- 21 of 39
New management details being updated on Website:
http://www.meriden-group.co.uk/team.php
Active
- 18 Aug 2007 18:59
- 22 of 39
1. New management have taken taken over
2. They have acquired a v.sizeable holding by buying in the market and buying Mr Russell Steven's holding
3. A target must have been identified by the new management for them to acquire and use the AIM listing
4. Someone sniffing around for more shares - 5,479,166 buy at 0.18 pence on Monday - that was a massive premium as the screen offer price was 0.11 pence on that day.
5. Market Makers very reluctant to sell any stock at all at current screen offer prices - charging 0.16 pence for anything over 50,000 shares.
6. IMO, Mr Crosby did v.much the same with NCS and soon after a reverse takeover was announced. If such developments happen here then these could go bezerk to the 1-2 pence levels.
Active
- 19 Aug 2007 20:46
- 23 of 39
There was alot of interest in the AIM listing which was mentioned in the Final Results announcement in March. That has now materialised with the new management taking over. Next stop is a new business through a reverse takeover to be announced!
'Having reviewed the potential opportunities for the remaining listed shell of Meriden Group Plc I have been actively searching for businesses which will relaunch the Company as a broad based business services group. I am hopeful that my discussions will be successful having had a significant amount of positive feedback from these. Should suitable opportunities be found then this will enable the Company to continue into the foreseeable future and hopefully provide an increase in value for shareholders, having seen the investment values
dramatically drop over the last 18 months'.
Active
- 20 Aug 2007 10:15
- 24 of 39
500,000 buy has come through at 0.17 pence from an hour ago. A big premium to the displayed offer of 0.14 pence.
Active
- 20 Aug 2007 14:52
- 25 of 39
0.12-0.15 pence, L2 is positive at 4 v 3.
Active
- 20 Aug 2007 19:42
- 26 of 39
Level 2 closed at 4 v 3. There might be 3 market makers on the 0.15p offer but they don't want to sell at that price, et al the 500,000 buy at 0.17 pence today. The price is getting like a coiled spring and IMO there is some strong activity coming.
Active
- 21 Aug 2007 09:05
- 27 of 39
500,000 buy has come through at 0.17 pence from before open.
0.15-0.17 pence, Level 2 is 2 v 1. Looks like its finally about to start rising heavily!
Active
- 21 Aug 2007 11:12
- 28 of 39
0.16-0.18 pence. Level 2 has improved and is 2 v 2 now. WINS have joined HOOD on the bid. A delayed buy has come through for 200,000 shares at 0.19p - premium again!
Active
- 21 Aug 2007 15:24
- 29 of 39
125K buy has come through at 0.20 pence from an hour ago. Premium for 125k! Further tick-ups!
sned
- 21 Aug 2007 15:27
- 30 of 39
is the spread likely to thin? been watching for it but no luck ....
Active
- 21 Aug 2007 16:02
- 31 of 39
L2 improved again and is 1 v 1 now. 0.18-0.19p. V.tight spread now!
sned
- 21 Aug 2007 16:06
- 32 of 39
most i can get quotd for is 102!
what a joke NMS of 15000 - should behundreds of thousands ....#I'll try and leave an at best :~
Active
- 21 Aug 2007 18:48
- 33 of 39
Nice rise today but even bigger rises are on their way. The market makers are still very reluctant to sell many shares at this level and charging a premium to the displayed offer prices. After the close, a 200,000 BUY came through at 0.21 pence against the displayed offer price of 0.19 pence. Before that 2* 150K buys and a 120K buy came through at 0.20 pence. Again at a premium to the displayed offer! IMO we should see further rises to 0.40 pence in the coming days as more interest gathers from last weeks news about new management taking over the AIM listing and in the process picking up v.significant stakes in the company.
moneyman
- 21 Aug 2007 23:24
- 34 of 39
Well the market got a few shares today but the price rised significantly indicating that the possible buy order in the background has not been filled as yet or that impending news is on the way.
Now having to pay .21 on any quantity deal says this is going higher.
Active
- 22 Aug 2007 08:59
- 35 of 39
0.18-0.20 pence, L2 is 1 v 2. Could see good gains again today!
Active
- 22 Aug 2007 11:39
- 36 of 39
MMs now charging 0.27 pence for a million shares against the 0.20 pence offer price.
Active
- 22 Aug 2007 13:00
- 37 of 39
Finally movement. 0.18-0.21 pence. Level 2 is 3 v 4.