Recently floated on AIM this company is currently a cash shell but the word on the grapevine is that a major deal (confirmation to be publically announced in about four wks) has been signed with a very well known private limited company with a reverse takeover into TWR! The limited company cannot be named by TWR for confidentiality reasons & Stock Market rules. However the company is rumoured to have a market cap in excess of 10mln.

SP is up today 94.44% just as the news of this is begining to get out and the buyers are now coming out in force!

And the market showed what it thought of the above announcements.

Parker Rowe busy peddling the fund raising as we speak I suppose.

Dil, legins,

This is quite an interesting article, and answers one or two questions;


http://www.thisismoney.co.uk/news/columnists/article.html?in_article_id=396298&in_page_id=19&in_author_id=5

And this is quite interesting too!


http://www.thisismoney.co.uk/news/columnists/article.html?in_article_id=397988&in_page_id=19&in_author_id=5

Did as you said and read the links and its still a pile of crap. They place shares at 5p last year and now place millions more and open offer at 3p so anyone who got in on your or Parker Rowes research is getting stuffed.


Anyone who gets call from Parker Rowe re this bunch may I respectfully suggest you tell them to go forth and multiply.

chart is pants...

links make interesting reading...

bargepoles and not touching spring to mind...

been offered shares at 4.4p anyone got anymore info on this!

queen,

4.4p? Are you kidding?

Who is offering you that please?

The last buys were at 3.5p, so 4.4p doesn't look like the bargain of the century to me!

I would ask yourself what you know about this company, and why you would want to buy this share!

Hi Queen
I suspect that the price is of no real consequence here, I guess that who ever is offering them to you is asking you to commit 5,000 or 10,000 in the first instance on the promise of new information to be released. At least that is how they ran the scam the last time, all I can say is do your homework, these boys are operating out of an overseas outfit that is not governed by the FSA. BUYER BEWARE imho

Loadsa

loadsa,

Well said, and completely true!


Queen1,

I suggest a quick check through the FSA website for clarification.

You can check the name of the firm ringing you HERE

Queen1,

You can check the FULL list of FSA blacklisted companies HERE

The news of Tower Plc's - Proposed disposal of Maskina AS, acquired just under six months ago, which if goes through as planned, this could be looking as if this will be a very interesting return on the investments of the shareholders.

If my calculations are correct the current market capitalisation of Tower Plc's total shares in circulation is 87,815,616 x 3.75p is 3,218,086.

However, according to this announcement if Tower's disposal of Maskina AS and its subsidiaries is sold, then TWR will hold 37.5% of the common shares in the new newly formed jointly owned company to be named VYKE and Tower's total shares will be valued at no less than Euro 37.5 million should the transaction proceed.

If my assumptions are correct then this looks as if TWR's shares could then be valued at about 27.5p each.

legins,

The phrase "if it looks too good to be true, it probaly is" seems to apply here!

I am VERY surprised the market has missd this, and they don't miss much.

Legins
Looking at the sale of a big holding back in August by a company called Griffin the %ages mentioned suggest much larger market cap than your calculations

They had left 2.87% of the shares equal to 11,281,773.

On that basis, if my maths is not wrong that means there are c393m share so a market cap at 3.25p of c13m or cEuro19m.

That's still a 50% discount to what they expect to happen but it does hit your upside - again if I'm right - so fully valued at 6.5p not 27.5p

Hope this helps

It's overvalued at the current price imo.

Wouldn't touch it with a barge pole.

They are not as bad as your "ramps" Dil which in all truth are terrible.

Dil this stock is going to be massive .30per share easy

confidnt,

this POS is being pushed by boiler rooms operating from overseas, that says it all really...

i woudn't touch it if it was the last stock on earth...

you'll see my friend you'll be eating your words next year.

LOL!

Any more Griffin Securities / Parker Rowe employees posting here?

woof

get a life boys