any views new about this one when investment company now marine company with profits and payin divi and cash in bank talk of new weel know chairmen coming in anyone know a name ???

Did everyone bail out of LUP then? Shame if you did as today repaid some of the faith shown by long-term holders and I feel there will be more to come.

existing shareholders of lupus had their asset/income values diluted. what happened was that of the new shares 80% went in firm placings to merchant banks and whoever was favoured ...with only 20% being allocated to cover:
(a) the one for three issue
(b) those existing shareholders who had the opportunity to apply for "extra shares"

the end result was that my application for shares under (b) above was scaled back by about 40%
clearly there should have been more shares available for (b)

the first day price of 16p would appear to be about right ......if it had been much more then it really would have been a very raw deal for existing shareholders

my purchase gamble has paid off ...except for the fact it will be difficult to sell a lump of share at the bid price shown on the screen.

where is the contributor to these postings who lives in holland ...and was not going to subscribe for any shares.
you win some and ypou lose some !!!

Well seeing as I deal in certificate form and have not as yet received the certificate I cannot sell can I. I am stuck with the old certificates which I assume are worthless.
I already topped up last year at 13p, so effectivly I got them at a fair price.
I suspect that once the selling starts they will dip below the 14p offer price.

I should have gotten out after the Hutchings first jumped in at around 22p, but I was abroad and missed it all.

Great if they do well and I wish for all the small shareholders that they will, but only time will tell.

I did not subscribe to the recent open offer as I have enough and would be happy to see the back of the shares that I currently hold. Far too much uncertainty.

regards and good luck

Peter

Much like a blue-sky pharma, the carrot with LUP is that Hutchings will weave his magic once again and 14p will become 140p etc. However as with blue-sky pharmas it could all go spectacularly wrong leaving you wondering why you ever invested in the first place. A toss of the coin but with his track record the odds must be stacked slightly in favour of the former scenario.

Wonderful scenario Queen1,
Oh how I'd love to believe that, I'd make a killing !!!
Peter

I wouldn't be complaining either Peter!

Somebody buying, but who are they ??

SCHEDULE 10




NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company


Lupus Capital plc

2) Name of shareholder having a major interest Polar Capital Partners

3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 The shareholder named in 2 above

4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them Goldman Sachs International Nominees Ltd. 5) Number of shares/amount of stock acquired 23,571,428

6) Percentage of issued class 3.8%

7) Number of shares/amount of stock disposed - -

8) Percentage of issued class - -

9) Class of security Ordinary shares of 0.5p

10) Date of transaction 4 April 2006 (subject to verification)

11) Date company informed 6 April 2006

12) Total holding following this notification 23,571,428

13) Total percentage holding of issued class following this notification 3.8%

14) Any additional information - -

15) Name of contact and telephone number for queries J.L. Luetchford 0207-490-4355 16) Name of authorised company official responsible for making this notification J.L. Luetchford

Date of notification 10 April 2006


- ---END OF MESSAGE---


Copyright Hugin ASA 2006. All rights reserved.

polar capital partners are a hedge fund. their address is 30 buckingham gate which is just along the street from LUPUS which is at number 85.
polar is closely associated with the mighty Caledonian investments
in the prospectus for the recent share offer (page 25) i was surprised to see that our "GREG" had to borrow money to take up his share allocation rights and further surprised to see the revelation on the same page that our GREG HAS " AN EXPECTATION OF REPAYING THE LOAN ON THE DISPOSAL OF (lupus) ORDINARY sHARES AT A LATER DATE" WHEN THAT SALE DOES TAKE PLACE THEN LUPUS SHARES WILL DIVE
WHILST A SUPPORTER OF LUPUS ...and ,of course GREG, i do feel that Greg needs to have ready a good photo for the press. The photo that appeared on page 6 of this weeks FINANCIAL MAIL ON SUNDAY was not a good one (for lupus shares)

Hi Chaps & Chapesses,

So what happened to all the hype (read ramp) after the suspension.
Cheaper now than at the share offer.

But then again we are all (well I guess a lot of us) losing hand over fist during the last few weeks.

To top up or not to top up, that is the question.

Good luck

Peter

Compared with the majority of my portfolio LUP has actually held its ground pretty well during the last 6 weeks which I believe is a big positive.

Anyone know why the sudden price jump ??
Up 9.60%
Must be someone knows what we don't know
Peter

Not a clue. Nice though.

Excellent interim results out today accompanied by a small jump in the sp at present. Great profit figure and exciting times ahead :-)

No wonder the sp is up again today as well:

28th September - Mrs EM Hutchings has today bought 2.10m Lupus Capital plc shares and the A & M Trust of Mr GF Hutchings' children has today bought 2.80m
Lupus Capital plc shares at 13.5p each, all from the personal holding of Mr GF Hutchings. As a result Mr Hutchings beneficially owns 26,766,666 Lupus shares (4.34%) of Lupus Capital plc share capital.

Up and UP and UP and UP

As someone said when GH originally took over
"Were in the money"

Peter

Nice Piece in "The Independant" last Friday 29/09/06
Further to go in the short term I think

Peter
===================================================================

Lupus Capital

Our view: Buy

Share price: 14.5p (+1p)

The investment company named after a wolf and run by a former star of 1980s capitalism is quietly building a head of steam.

Lupus Capital, is chaired by Greg Hutchings, who built the guns 'n' buns conglomerate, Tomkins, two decades ago,

A nascent mini-Tomkins with a private-equity twist, Lupus revealed yesterday that profits before tax jumped to 3.88m in the six months to the end of June from 870,000 a year ago.
Gall Thomson, which makes specialist valves for the oil industry, delivered a record performance. Schlegel, a maker of seals for doors and windows swallowed for 84m in April, has been fully digested.

Markedly improved sales (23.68m against 3.14m in 2005), productivity and cost controls are generating healthy cash flows after capital expenditure and working capital requirements. That allowed for a total interim dividend of 0.163p, 23 per cent higher than last year. Lupus now predicts "double digit" earnings-per-share growth over the full year.

The shares, 1p higher at 14.5p yesterday, value the company at 89m. Trading at about 10 times expected earnings this year, against about 15 times for the whales swimming in the same space, they look a bargain.

Lupus has plenty of scope to make its next acquisition and is actively hunting for a deal. Mr Hutchings is in no hurry, however, and stressed he would take his time to land the right target.

Lupus is too small to cross analysts' radar, though this may change by the year end. To invest in it is to back Mr Hutchings. This column does, and so should investors. Buy.

Excellent piece of journalism - let's hope some of the reading masses take the advice and jump on board!

At 10:17am this morning two times 2 million shares purchased at 16.5 pence.
That's 660,000 Sterling, no small buy.

Could this be yet another director purchase ??
If so then expect another rebound once the word is out.

Peter

The sp is down a little though at present. But if it is director buying then I think you're right Peter, north will be the only direction!

Anyone know why the 6.5% jump today ??

Peter