Moneylender
- 23 Jan 2003 08:09
Dil
- 12 Oct 2005 00:19
- 1803 of 2262
can't believe they are still trading
snappy
- 12 Oct 2005 12:45
- 1805 of 2262
yuff,
more talk of huge trading and goodwill losses over on the eyes.
Some are even calling for the big cheese and largest shareholder to go.
Whatever next?
Moneylender
- 12 Oct 2005 18:07
- 1806 of 2262
Mackem
He did and has!!
M
mackem
- 12 Oct 2005 18:39
- 1807 of 2262
Did he....i must have missed that...show me where ?
superrod
- 12 Oct 2005 20:03
- 1808 of 2262
i wish i was a tad director. buy 500k, shareprice quadruples overnight, then i sell. EASY.
Moneylender
- 13 Oct 2005 07:56
- 1809 of 2262
Mackem
Just for you!
RNS Number:0711M
Tadpole Technology PLC
10 May 2005
Tadpole Technology plc (the "Company")
Notification of Interests of Directors and Connected Persons
The Company today announces that Mr David Lee, Chairman of the Company,
purchased on 9 May 2005 137,561 ordinary shares of 1 pence each ("Ordinary
Shares") at a price of 6.4875p per share. Following this purchase, Mr Lee has a
beneficial interest in 850,000 Ordinary Shares, representing 0.22 per cent in
the ordinary share capital of the Company.
yuff
- 13 Oct 2005 10:13
- 1810 of 2262
snappy
not sure some of them know what is going on over on iii.
If SW doesn't perform he should go imo.
Beau62
- 13 Oct 2005 11:00
- 1811 of 2262
yuff...saw yr reply on ii. Agree. Of course, if his best buddy John-boy was to buy, like he said he would, say, a few million it would make it even harder to kick SW off and surely at these levels he could grab quite a few..although mindful it may be a closed period. Personally, still suspicious of these expert Angels and why the board have not demonstrated a will to enhance shareholder value...still all smells to me. Hope to be proven wrong of course.
Beau
BOOBOO
- 13 Oct 2005 11:54
- 1812 of 2262
Folks, I sold these a while ago after waiting two years and at (another) great loss. HOWEVER, a friend who I unfortunately managed to convince to buy some held on and decided a few weeks ago to get an independent report on whether or not to sell (at another great loss!). Interestingly, the report was VERY positive.
Now, I'm thinking..........should I jump back in? Is the time right??? I will try to get a copy of the report and pick out the goodies.....
yuff
- 13 Oct 2005 12:09
- 1813 of 2262
beau
Absolutely agree, will be intersting what JD will have to say at the next AGM if he hasn't bought, one thing about DL he does do what he says, wouldn't like to be on a board currently with JD and SW on it, would imagine its quite hard to get anything approved against SW's wishes.
Beau62
- 13 Oct 2005 14:26
- 1814 of 2262
yuff
Agree.
JD will probably come up with some smarmy excuse and bluff his way out of it. He'll have the gift of the gab, it's what he does for a living. The man has no integrity in my view after his buying boob. Ancient history though, he'll either own a part of the company in the future by way of his angel work behind the scenes or he'll be binned because he does nothing for the company.
I've always been a little skeptical about DL being part time and unless it is proven otherwise I personally assume that in that position it is not possible to keep his finger on the pulse all the time which is why SW runs the gaff and does what he likes and being part time may have contributed to KB's antics too and may have a bearing on why the sp is at an all time low and in the poo. What else are we to assume when it has all been hush-hushed. Maybe that is doing a disservice to DL, because he bought when he said he would, but when I see admissions in the Cambridge Dandy that SW was reluctant to do as the Chairman advised re his selling, that speaks volumes and clearly indicates SW is running the gaff full stop and couldn't give too hoots about DL or any suggestions. If I was the Chairman I'd have insisted but the whole SW selling affair was the biggest fiddle going in my book and a deliberate attempt to bring the price down. I would probably be able to throw SW about 2 or 3 feet, and that's about as far as I would trust him. He has mislead right from the start....more to come, my utter jacksie.
Just my views of course....
Beau
Moneylender
- 13 Oct 2005 16:49
- 1815 of 2262
Yuff n Beau
When we "took" over ST there was some 80M shares given to the owners of ST. I know that Stig holds 20m so there is a float of circa 60m some where with his former backers at ST, so to get rid of Stig might prove somewhat immpossable if not difficult. He is here to stay like it or not.
M
Beau62
- 13 Oct 2005 21:10
- 1816 of 2262
LOL Money
Loved the yuff n beau bit...makes us sound like ant n dec or eric and ernie...I'm the good looking younger one you know...lmao.
Being serious though...
A good point you raised. I think we both agreed it wouldn't be easy although I had overlooked that in my thinking.
My oh my, though, it does lend food for thought....80m shares at the strike price. To give them the benefit of the doubt and I may have this wrong, wasn't the strike price reduced to 12.75p as I remember DL saying something like that in the AGM. Of course I could be way off.
Consider this, the 80m x 12.75p (say) is a value of 12.2m and now worth (and lets just say 4p for ease) a paultry value of 3.2m. I've never looked at it like that before, wow, yes, a whole bunch of various shareholders (of course including SW) losing 7m between them...assuming my figures are correct. If you use the 15.75p strike price originally used then the figures are even more disastrous at 9.4m. Switch these figures back into dollars and hey, you've suddenly got monopoly money losses that are quite massive.
Now, forgive me, and I'm not being sarcastic here, honest, but I just can't believe that, a stunning loss of the hugest proportions while the company holds IP, Patents and Leading technologies. I don't know how many hold the circa 60m but if there were some biggie holders, and one of them was you, would you hold? Would you support a board that is at the helm of what can only be described as a huge calamity, a rudderless ship, internally destructive with the inability to determine a strategy that protects your investment.
How many do you think have been offloaded at higher prices as they must have been forewarned that Gem would kick in and the share price would sensationally crash?
It boggles the mind.
Beau
mackem
- 14 Oct 2005 11:07
- 1817 of 2262
Moneylender.
Thanks for that, was a while back so i had forgot but, problem is
that every punter has hopefully cottoned onto the dire penny share
market and the pathetic attempts of small cap directors to buy such
small amounts in their companies whilst still drawing a very large salary.
Maybe you could put me wrong by telling me how much David Lee is paid
a year from Tadpole, looking around it's all doom and gloom, the AIM market
is now the new "rip off the small punter" market and no wonder some once popular
stocks struggle to get more than 3 trades a day when they used to get 300 !!!
Saying that i dont think Tadpole is a AIM stock but you get my drift about all
poor penny stocks having zero support right now.
I dont actually blame the econemy etc etc, i blame the vastly greedy market
makers for killing the penny share market, most of the stocks have ridiculous
spreads, i would say that over half have manipulated share prices, i think 80%
of day-traders have been wiped out in the last few months or many have simply
realised that there's no logic to make mm's money when they have very little
chance of covering costs let alone make a profit.
So this alone has killed Tadpole for now, only a surprise positive trading statement
can save them this time, because there's no mercy in this market, 1p could actually
happen if they disappoint...ps...look at the crooked management in MPS, read
the statement 2 months earlier and read yesterdays, how do they manage to stay
out of jail ?
snappy
- 14 Oct 2005 15:01
- 1818 of 2262
talk of a imminent preliminary earnings/losses report due shortly over on the eyes
aimtrader
- 15 Oct 2005 22:45
- 1819 of 2262
i have to give you guys credit for hanging in there, the chart looks awful, and this share comes straight form the ark of the Y2k!!!
i knew a few that lost a lot on this, hard to believe tad is still goin really, good luck all...
mackem
- 17 Oct 2005 07:49
- 1820 of 2262
hmmm handbags flying inside the company.
A few clues that business is picking up there too.
Moneylender
- 17 Oct 2005 07:58
- 1821 of 2262
Well it looks like SW is bringing his 80M shares into play!!
M
Moneylender
- 17 Oct 2005 07:58
- 1822 of 2262
Tadpole Technology plc ('the Group' or 'the Company')
Update
Following a review of executive management's proposed business plans for the
three years ending 30 September 2008, the Directors have been unable to agree
the proposed plan for the Streaming Division which was contingent upon the
approval of a proposed financing. Consequently the Board is reviewing the
strategic options available to the Streaming Division and does not intend to
make further financing available to this division. The management of the
Streaming Division believes the division has access to sufficient cash resources
to sustain the division's activities until the current differences are resolved.
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M