bhunt1910
- 05 May 2005 16:03
This suddenly seems to have jumped to life - but cannot find any news - any ideas anyone ?
Baza
David10B
- 28 Jun 2007 13:00
- 19 of 38
you could well be right but I will reserve comment for a few days, although 2p would not surprise me.
You pays your money you takes your chance a they say.
David10B
- 28 Jun 2007 16:48
- 20 of 38
Well I must say it ended the day better than I thought it would.
Check this one carefully it could make you a few bob and it could take it off you.
I am calling for the former and its still worth a careful punt with money you can afford to tie up for a while or even lose....
Follow Banco Popular.
David10B
- 29 Jun 2007 17:27
- 21 of 38
Well I am still going for "follow Banco Popular" I did not sell and it seem I bought a little doggy however it may have been a mistake to buy 350000 of the little devils. but there is still a few shots left. the chariman, the FD, the market and the banco and all those outstanding invoices for discounting.
However if you ask me should I buy, unless you are prepared to gamble I would say no!
beemer2
- 29 Jun 2007 19:02
- 22 of 38
10b
YOU ARE A TOTAL LOSER.
David10B
- 29 Jun 2007 19:36
- 23 of 38
It would look like it on this one at least for a while-
beemer2
- 29 Jun 2007 20:31
- 24 of 38
Another BKE...LOL.
David10B
- 30 Jun 2007 09:53
- 25 of 38
No I dont thinks so as LNX temporary dog at it may well be, at least has a board of directors, especially Rolf the FD who are at least working hard for thier sharholders.
This cannot be said for BKE, AND THAT IS SAD.
The BKE directors draw their money from diminishing shareholders funds.
Please check it out for yourself. ie think before gobbing.
beemer2
- 30 Jun 2007 12:52
- 26 of 38
Tenby
I believe you were once a holder in BKE and had millions of shares until you sold at a massive loss.
Active
- 02 Jul 2007 10:56
- 27 of 38
Lennox Holdings PLC (the 'Company')
Holdings in Company
2 July 2007
The Company was informed on 29 June 2007 that Mr Rakesh Sehgal purchased
850,000 Ordinary Shares in the Company on 28 June 2007. As a result Mr Sehgal
is now interested in 1,481,000 Ordinary Shares in the Company. This holding
represents 5.56% of the Company's issued share capital.
Enquiries:
Nicholas Nelson 020 7451 7068
Nexus Financial Limited
David10B
- 02 Jul 2007 11:40
- 28 of 38
Well done Active you beat me too it.
Active
- 02 Jul 2007 11:41
- 29 of 38
I'm in with a speculative punt of 47,000 odd shares at 3.15 pence. Stakebuilding by two parties in the last few weeks....takeover could be forthcoming???
David10B
- 02 Jul 2007 11:45
- 30 of 38
I am in with a few more looks the good punt I thought it would be
Active
- 02 Jul 2007 12:18
- 31 of 38
Up 29% now.
Active
- 02 Jul 2007 12:49
- 32 of 38
Up 50% now. 4.00-5.00 pence, Level is 1 v 1 SCAP on the bid and TEAM on the offer. 6 pence on the offer is just round the corner.
Active
- 02 Jul 2007 13:44
- 33 of 38
Sold out at 5.25 and 5.30 pence in two tranches. Very nice 1k profit on purchase at 3.15 pence this morning. Could have more to run but up nearly by 100% today.
David10B
- 02 Jul 2007 13:59
- 34 of 38
well done thats what its all about.
pileiton3
- 23 Aug 2007 19:11
- 35 of 38
this is stirring up again, apparently agm next week hoping to announce turn around, also rns today david l read upping stake again, could prove interesting month with interims due out next month also
Active
- 23 Feb 2008 17:57
- 36 of 38
No Pain, No Gain: A plateful of problems for the lacklustre Lennox
By Derek Pain
Saturday, 23 February 2008
Intriguing goings-on at Lennox, the struggling food and drink distributor that enjoys the dubious distinction of being the basket case of the No Pain, No Gain portfolio.
The shares bump along at a mere 2.75p, compared with 64.5p when they entered the portfolio in the summer of 2005 and a 66p peak. After a bright start to stock market life, the group has endured a wretched time, pounded by boardroom brawls and a slump into losses that forced an expensive rescue package.
Operating in Spain, and selling mainly British goods to expats and holidaymakers, it is my second constituent to run into deep trouble. The other was Profile Media.
Although the portfolio, started in 1999, remains comfortably in the black, I am dismayed by the performance of Profile and Lennox. Profile shares are now worthless, and Lennox could inflict a damaging hit. But perhaps the loss may not be quite so severe as the current share price indicates. For two stakes have been accumulated. Rakesh Sehgal has rapidly put together a 27.8 per cent holding with the estate of a Zimbabwean investor accounting for 10.1 per cent. Some former directors also have significant interests.
It is, however, Sehgal's activities that are creating excitement. His motives are shrouded in mystery. He is only a few percentage points away from triggering an obligation, under the City takeover code, to mount a bid. If not a full takeover, he could be thinking of a reverse deal. He is known to have Spanish textile activities and is thought to enjoy links to clothing businesses in this country.
Lennox has a complicated capital structure. The rescue package included a large slug of convertible loan stock and possible deferred shares could hinder any corporate activity. To add to the uncertainty, the company's most recent figures, covering the first half of last year, showed a 856,000 loss. In the previous year, the deficit was 2.4m.
http://www.independent.co.uk/money/invest-save/no-pain-no-gain-a-plateful-of-problems-for-the-lacklustre-lennox-785905.html
mitzy
- 23 Feb 2008 20:20
- 37 of 38
I would stay clear thats my advice.
hlyeo98
- 23 May 2008 11:54
- 38 of 38
Lennox has been suspended yesterday - ran out of cash.