Any punters living in Birmingham Area interested in a Pie, Pint and jaw, one evening in a pub in Birmingham area.
Personally interested in small time investing(gambling), developing an appetite for CFDs. Also developing an interest in Charting or TA.

I use Sharescope, Moneyam, Barclays, Comdirect and IC

Something which might be of interest to you Brumagem folk. Lifted from elsewhere.


FT, 30 March 2007

BIRMINGHAM STOCK EXCHANGE REBORN

The long-defunct Birmingham Stock Exchange is set to be reborn this summer as an online trading facility in the shares of West Midlands companies that are too small to list in London.


The new exchange, Investbx, "will be more like Ebay than the London Stock Exchange", according to its sponsor Advantage West Midlands, a regional development agency.

The aim of Investbx is to provide share capital in slugs of between 500,000 and 5m, a funding category in which the Treasury has identified an "equity gap".

Below 500,000, entrepreneurs typically raise money from friends, family or "business angels", a sparse population of wealthy individuals who provide advice as well as cash. Funding above 500,000 has become hard to come by in recent years as institutions have progressively raised their minimum investment thresholds.

Businesses likely to seek a listing would include small software or engineering companies seeking capital to develop promising new products. But the biggest challenge for Investbx will be attracting investors rather than cash-hungry companies.

The exchange, which will be run on contract by The Share Centre, a registered stockbroker, needs to persuade a class of local magnates who invested in small, locally quoted companies years ago to do so again.

Advantage West Midlands, which will provide 3m towards the running costs of the new exchange, described the venture as "high risk", adding that "if the risks were lower the private sector would be doing this".

Investbx will "appeal to people with local knowledge, who, for example, pass businesses they would like to invest in on the way to work", said Mick Laverty, deputy chief executive of AWM.

He said modern internet facilities such as video clips meant Investbx "could showcase entrepreneurs and their products in a way a traditional regional stock exchange could never have done".

The new exchange is the brainchild of an AWM finance group led by the technology entrepreneur and government adviser Norman Price. It will be run by an independent board whose members include David Thompson, chairman of Marston's, the pubs and brewing company, and Paul Bassi, a Midlands property multi-millionaire.

AWM hopes Investbx will generate revenue through listing fees paid by companies quoted on its website, and that it will eventually be able to sell the venture.

One possible function of mini-exchanges sponsored by development agencies such as Investbx would be to foster trading in the shares of small businesses benefiting from public sector equity investment.

The government has created a raft of investment funds that use taxpayers' money to buy stakes in worthy businesses, usually in partnership with private sector investors. For example, venture capital funds targeted at regional investment backed by the government are worth over 250m.

Critics doubt there is really a market failure in the provision of small-scale equity investment in the UK. Some managers of so-called "public equity" funds say privately that instead there is a shortage of investment-ready small businesses with strong growth prospects.



See also this item dated last week, in which ShareMark appears to involve itself in Brum-X (scroll to foot):
http://www.onrec.com/newsstories/16990.asp


jzl (ex brummie)

There was talk of this a few years ago but then no news, Interesting and will keep an eye on things.

Thanks for bringing this to our attention Juggle.

Ed: Forgot to say nice to meet you survived 87 -):

Juzzle, Interesting, but will watch from the side line for a while.

Have a look at this site which is still under development.

http://www.traders-excel.com/index.html

US futures higher.

The market is looking a little more stable, which us is really worrying me!!!


I wish I could sit on my hands or at least have them manacled!!!

re Brum Exchange .... last I heard was that Plus Markets (Ofex) were trying to get it stopped before 'birth' - claiming unfair competition due to the AWM participation..

& one day to avaid a future meeting in Brum will be:
Saturday, 10 November 2007 (15:00). Birmingham v Aston Villa, Barclays Premier League.!!

Next meeting of chat group to be held at 4pm on11th July at Hyatt Regency

2 Bridge Street, Birmingham, B1 2JZ.

Reason for choice and time is that Digital Look is running a FREE Seminar

On Stock Picking and Trading strategies featuring David Jones. This

second show starts at 18.00 at the same revenue.



Anybody who is interested in a chat before the show is welcome to join Stan,

Survivor (perhaps) and myself to join us.


Ways to identify us, will be given if there is any interest shown.

TTT.

Thanks for info re Digital Look seminar..... Will Stan be wearing a skirt in the Hyatt?

Fred ... I see 'your' Accsys made the Investment Column in The Independent today....
http://news.independent.co.uk/business/analysis_and_features/article2720128.ece

Yes, Accsys did, but bloody CARTER made up for it and dropped 30% to-day. The biggest loss on a share I have had in one day.


Guess who is buying the beer!

Stan has given up the skirt and says this time he will wear a shirt. I think the best thing if there are any new punters is to ask at the bar for the pie and pint punters, when they get to the Hyatt.

hope the Hyatt manage to provide Digital Look with a suitable room ... they (Hyatt) seem to have screwed up the veterans firework display last week....

A FIREWORKS extravaganza for hundreds of armed forces veterans turned into a damp squib when it was called off at the last minute by a Birmingham city centre hotel.
http://icbirmingham.icnetwork.co.uk/mail/news/tm_headline=veterans-angered-by-fireworks-farce%26method=full%26objectid=19397414%26siteid=50002-name_page.html

Survivor, Cheer up.

... must be the weather .... not many (any) bods on the Bullring Beach when I went past there today .....
( & nice to see that the Council / BMI have done a much better job on their beach than the Bullring ).

talking about small brewers:

A brewery in the West Midlands has been taken over, securing its future.
Walsall-based Highgate Brewery has been bought from Aston Manor in a multi-million pound deal with Global Star, a Smethwick-based pub company.
http://news.bbc.co.uk/1/hi/england/west_midlands/6267346.stm

Fred: Received an e-mail from you via the moneyam system - but it didn't contain any message / text

'The Old Joint Stock' was yesterdays Bar Review in the Birmingham Mail. The Minus points highlighted for it were 'Poor salad - and over 18s only, so families aren't even welcome at weekend lunchtimes'.

And on the 'pie theme' then it was mentioned that the 'pies could have been a touch more substantial'. Personally, I think that's a bit of an understatement as when I had a pie there earlier this week then it was a struggle to find much content under the large crust. Food service waitress was also having a bad mood day..... seemed to be practising for the shot put with the delivery of meals to tables...!!

On the Birmingham Mail's revue the Plus point mentioned was that it 'is a stunning building right next to Birmingham's most gorgeous square'.

Stan and Survivor,

In spite of being decrepit I think I can make the next meeting at 4pm, but may come by taxi.


Next meeting of chat group to be held at 4pm on11th July at Hyatt Regency

2 Bridge Street, Birmingham, B1 2JZ.

Reason for choice and time is that Digital Look is running a FREE Seminar

On Stock Picking and Trading strategies featuring David Jones. This

second show starts at 18.00 at the same revenue.


.




Are you OK. for that time?


Stan, Just to make you jealous saw Joan Baez on Saturday night at Wolverhampton

Golden oldies' night of nostalgia.

Survivor 87, didn't know Highgate Brewery were in trouble. Food usualy only average at these medium size chains (Fullers) although their Ale I quit like.

Fred, Yes that time is fine by me.

Are, Joan Baez a name from the past but never seen here live.

Joan Baez with my eyesight looked as beautiful as ever. Her voice and choice of songs still pull the strings. Memories of the good times of the Hippy period and flower power, for those who survived them.

Survivor, look forward to meeting again. Ask at the porters or bar to direct you to Birmingham Pie and Pint.

Hope all got home.

Although the evening was a repeat picked up a few points.

Had a look at TSCO last night and this am. and bought a few S/bets. Chart looks promising and usual range of movement is relatively tight.

Bit slow for portfolios but on margin worth while.


Stan and Survivor, noticed that Birmingham Jazz Festival starts 23rd of July. Don't know whether you like Jazz, and fancy a pint and chat at the Brindley Arms before the floor show? Haven't been to one for some years, but enjoyed it when I did.