overgrowth
- 09 Feb 2005 20:52
Dowgate Capital (DGT) are sitting
in the middle of a goldmine!
This company through
their sole trading arm City Financial Associates are looking to take full
advantage of the "booming" AIM market this year.
Dowgate provide NOMAD (NOMinated ADvisor) services to AIM companies
and also have full Corporate Broker status which means that they can fund
placements on behalf of the companies they represent.
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On first sight, the
fact that Dowgate exist in the often veiled financial services sector
makes you think twice about investing in company such as this because
it would be impossible to understand what they were doing - however, think
again!
DGT bring new companies
to the AIM (Alternative Investment Market). For each new company "floated"
on AIM, they take arrangement fees when acting as NOMAD. After the company
is launched then for a nice steady earner DGT get another healthy chunk
of cash every year for looking after them (note that all AIM companies
must have a nominated adviser - thereby securing a ready source of recurring
income).
Because DGT also act
as a Corporate broker they can get a very healthy percentage for arranging
placement of shares with insititutions before a new company floats. In
addition, because placements come outside the sphere of yearly NOMAD work,
they can also gain healthy percentages of placements which companies may
need to make throughout the year when they need a quick injection of cash
to speed growth.
Current NOMADships:
28 companies represented (gives recurring income of approx 480,000
per year)
Current on-going Brokerage
agreements: 19 companies (income depends on placements)
For flotations, depending
on the size of a company, fees charged will be anything from 50,000
to 100,000+
For placements (the real earner), DGT get anything from 3% to around 12%
of the TOTAL AMOUNT RAISED - For example a new company raising 3M
though a placement will earn DGT anything from 90,000 to 360,000
!
These figures are indicative as actual deals all differ due to circumstances
and DGT sometimes take payment in shares - they still have a tasty chunk
of Setstone shares and when this Russian exploration company comes back
to AIM, predictions are that the share price will rocket.
Note that the amount that this little company can earn in fees is huge
and every new deal that comes through we know will contribute another
healthy chunk into the bottom line. The good news with every new floatation
means that it's another chunk of recurring revenue which could go on for
years, with DGT having to do very little.
New clients gained in 2005 are:
Mediazest
(NOMAD & broker) Elite Strategies (NOMAD) Process Handling (NOMAD) Poland Investment Fund (NOMAD) Nanotech Energy (NOMAD & broker) Archimedia Ventures (NOMAD & broker) Red Leopard Holdings (NOMAD) Alba Mineral Resources (NOMAD & broker) Intandem Films (NOMAD & broker) Motive Television (NOMAD) IncaGold (NOMAD) Sportswinbet (NOMAD & Broker) Infoscreen Networks (NOMAD & Broker) Mark Kingsley (NOMAD & Broker) Croatia Ventures (NOMAD & Broker) Pantheon Leisure (NOMAD) Firenze Ventures (Ofex Advisor) FlightStore Group (NOMAD & Broker) Euro Capital Projects (NOMAD) Pearl Street Holdings (NOMAD) Worldwide Natural Resources (Ofex Advisor) Dovedale Ventures (Ofex Advisor) Other 2005 work completed:Neptune-Calculus VCT offer for subs of up to 12 million
Advisory work for TGM on London Bus disposal for 20.4M
Advisory work for Creightons on property disposal
Advisory work for Hampton Trust on company restructuring
Advisory work for Interbulk Investments on acquisition of
Inbulk Advisory work for Fundamental-e
Investments on two disposals Advisory work for Designer
Vision re: Design Rights against Centurion Electronics
Click Here for fundamentals and profit projections.
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Ted1
- 22 Feb 2005 08:22
- 46 of 2787
Nice to see. Did we get shares in this one as payment?
AFX
LONDON (AFX) - Shares in MediaZest, a provider of in-store solutions for retailers and brand owners, were marked up to 57-1/2 pence from a placing price of 50 following their debut on AIM.
fjb/ak
EWRobson
- 22 Feb 2005 12:37
- 47 of 2787
Thanks, butane, that was really good background and helps to understand the market and CFPs position in it. Perhaps in a year or two they will be amongst the big players. God Ted, also, to see mediaZest launch successfully. They should get Ellen McArthur to do the champagne bit!
Eric
butane
- 22 Feb 2005 15:11
- 48 of 2787
SB and JS have re-appeared............
Advance Visual Communications PLC
22 February 2005
22 February 2005
Advance Visual Communications plc
('AVC' or the 'Company')
Subscription and appointment of directors
The Directors are pleased to announce that the Company has today agreed terms
for a subscription by Milebeach Limited, a company controlled by Stephen Barclay
and John Shaw, of 75,000 for an issue of new ordinary shares in AVC which will
represent 29.9 per cent of its enlarged issued share capital. Milebeach has
made an immediate interest-free unsecured loan to AVC equal to the subscription
monies.
The Company has also agreed to issue an option to Milebeach Limited over new
ordinary shares which will be exercisable in whole or part to the extent that
existing options in the Company are exercised so that Milebeach Limited will be
able to maintain its percentage shareholding in AVC. The exercise price will be
the nominal amount of the ordinary shares.
The Directors expect to despatch to shareholders as soon as practicable a
circular containing a notice of extraordinary general meeting to approve the
subscription and effect a necessary preliminary capital reorganisation; further
details regarding the subscription by Milebeach Limited will be included in that
circular.
In addition, the Company announces that Stephen Barclay and John Shaw have today
been appointed non-executive directors and that Graham Leask has resigned as a
director. Stephen Barclay has been appointed Chairman of AVC and both Barclay
Douglas and Massoud Amiri remain as non-executive directors.
Stephen Barclay, 62, qualified as a chartered accountant with Robson Rhodes
before obtaining an MBA degree from Wharton Business School, University of
Pennsylvania in 1967. He is currently Chairman of CFA Capital Group Plc (which
he founded in 2001 with John Shaw) and is a Governor of The London School of
Economics. He holds no ordinary shares in the Company.
John Shaw, 55, qualified as a chartered accountant with Touche Ross & Co in
1975. He was until recently a director of CFA Capital Group Plc (which he
founded in 2001 with Stephen Barclay). He holds 24,250 ordinary shares in the
Company representing 0.015 per cent of the issued share capital.
Barclay Douglas commented: 'I am delighted that the Company has secured
additional funding which ensures that we have adequate working capital to
implement our strategy of effecting the acquisition of a suitable business.'
Stephen Barclay commented: ' I am pleased to be associated with AVC for which we
are currently considering a number of potential opportunities '
Press enquiries:
Advance Visual Communications plc
Stephen Barclay
07767 444 114
Barclay Douglas
0777 182 4440
Shore Capital
Alex Borrelli
020 7408 4090
Details of the directorships of Stephen Barclay and John Shaw are set out below.
Stephen John Barclay
Present directorships Past directorships (last 5 years)
Templeton College (OCMS) The Leading Edge Holdings Limited
Merton of London Limited The Leading Edge (Retail) Limited
Merton & Falcon Limited Revelation Piccadilly Holdings plc
New Venture Capital Trust Limited Travel Accessories Limited
Marketing Machine Limited Housemasters (West London) Limited
Talisman First Venture Capital Trust Plc City Financial Associates Limited
Clarcon Limited RPH Services Limited
CFA Capital Group Plc Masters Wimbledon Limited
PYV Group Limited The Institute for Jewish Policy Research
Enterprise LSE Limited Quadranet Plc
Raynham Freehold Company Limited Seymour Pierce Nominees Limited
Raynham Freehold Management Limited Fullflow Group Limited
Talisman House Limited Investment Management Holdings Plc
Abinger Investments Limited Marchthistle Limited
Clink Wharf Associates Limited The Premier Group Limited
Haydons Limited Gladstone Plc
Milebeach Limited Acecharm Limited
City Financial Assets (Guernsey) Limited
Coburg Group Plc
London School of Economics and Political Science
Constellation Corporation Plc
SWP Group Plc
SWP Holdings Limited
DRC Holdings Limited
City and Investor Relations Limited
SP (PEP) Nominees Limited
Seymour Pierce Limited
Seymour Pierce Nominees Limited
Seymour Pierce Private Equity Limited
Ten Alps Communications Plc
Patersons Consulting Limited
FD Realisations Plc
Captain O.M. Watts Limited
HOT Group Plc
Mosley Street Securities Limited
Stephen Barclay was a director of Revelation Piccadilly Holdings plc and certain
of its wholly owned subsidiaries, namely: The Leading Edge Holdings Limited; The
Leading Edge (Retail) Limited; Haydons Limited; Travel Accessories Limited;
Housemasters (West London) Limited; and RPH Services Limited (together the '
Revelation Group') which went into administrative receivership in March 1999.
The directors of Revelation Piccadilly Holdings plc estimated the deficiency as
regards secured creditors of the Revelation Group to be approximately 2.9
million and unsecured creditors of the Revelation Group to total approximately
5.5 million. In addition, Bank of Scotland will be entitled to submit a
significant unsecured claim against each company in the Revelation Group. The
administrative receiver's report indicates that there are no funds available for
distribution to unsecured creditors.
In addition, Stephen Barclay was a director of Cobworth Limited which went into
creditors' voluntary liquidation in 1978 with a deficit to creditors of some
78,000. He was a director of Clarcon Limited which went into creditors'
voluntary liquidation in August 2003 with a deficit to creditors of 975,000.
He was a director of FD Realisations plc (formerly Fish plc) in January 2002
which went into administrative receivership in July 2002. The directors of Fish
plc estimated the deficiency as regards secured creditors to be approximately
10.5 million and as regards unsecured creditors of approximately 3.5 million.
In addition, Barclays Bank will be entitled to submit a significant unsecured
claim against each company in the Fish Group. The administrative receiver's
report indicates that there are no funds available for distribution to unsecured
creditors.
John Richard Shaw
Present directorships Past directorships (last 5 years)
Abinger Investments Limited City and Investor Relations Limited
Chatsford Corporate Finance Limited Iverna Court Freehold Limited
Dover Street VCT plc Seymour Pierce Private Equity Limited
Seymour Pierce Limited
Seymour Pierce Nominees Limited
SP Nominees Limited
SP (PEP) Nominees Limited
The Seymour Pierce Venture Capital Trust PLC
Belasis Business Centre Limited
Captain OM Watts Limited
Fundamental-e Investments plc
IEQ PLC (in liquidation)
Clink Wharf Associates Limited
CFA Capital Group Plc
City Financial Associates Limited
Talisman House Limited
Galleon Nominees Limited
CFA Financial Assets (Guernsey) Limited
John Shaw resigned as a director of Scitech Medical Limited in October 1985
which was liquidated in 1986; and he was a director of Belasis Business Centre
Limited which went into administrative receivership on 31 March 1995 and was
dissolved on 13 February 2001.
No further information is required to be disclosed under the AIM Rules.
This information is provided by RNS
The company news service from the London Stock Exchange
corehard
- 22 Feb 2005 15:37
- 49 of 2787
Well spotted butane...
Talk about fingers in pie's
C
EWRobson
- 22 Feb 2005 23:09
- 51 of 2787
Yes, well done butane. You would hope so, snakey, but I reckon they left with egg on their faces and a reputation as pretty abject failures. Nor did they make their retirement millions. Well shot of them, I say.
Eric
EWRobson
- 22 Feb 2005 23:46
- 53 of 2787
corehard
- 24 Feb 2005 15:03
- 54 of 2787
Anyone know when next results are due ?
mysunshine
- 24 Feb 2005 16:17
- 55 of 2787
corehard -
Last year's results came out on 30th March. Could be around the same date this year possibly? No news on anything much with this company.
Wish they cared about their shareholders enough to acknowledge they need to keep in touch with news - any news will do - even the fact they have taken on a new office cleaner would give us something to cling onto or acquired a new box of paper clips. Only joking!!
butane
- 24 Feb 2005 16:21
- 56 of 2787
.34p to buy at the moment..
butane
- 25 Feb 2005 08:06
- 57 of 2787
More work for CFP............ (Last paragraph)
Hampton Trust PLC
25 February 2005
FOR IMMEDIATE RELEASE
25 February 2005
HAMPTON TRUST PLC:
BOARD CHANGES AND UPDATE ON NEGOTIATIONS WITH
CONVERTIBLE UNSECURED LOAN STOCK ('CULS') HOLDERS
APPOINTMENT OF NEW FINANCIAL ADVISOR
Hampton Trust plc ('Hampton') or ('the Company') today announces the appointment
of Paul Sellars to the Board as a non-executive Director and the appointment of
Jonathan Whittingham as an executive Director. Both join the Board with
immediate effect. At the same time Richard Parker resigns from the Board as a
non-executive Director. There are no disclosures to be made further to paragraph
6.F.2(b) to (g) of the Listing Rules.
In addition, the Company reports that it is making progress in its negotiations
with the CULS holders with a view to reducing Hampton's debt burden and creating
a viable business. The Board hopes to report more fully to shareholders in due
course.
The Board also announces that, until a successful outcome to these negotiations
with the CULS holders has been reached, no further interest payments on the CULS
will be made.
City Financial Associates Limited ('CFA') has today been appointed Hampton's
financial adviser.
Ends
Contact:
Graeme Jackson, Chairman, Hampton. Tel: 020 7499 4994
Tony Rawlinson, CFA. Tel: 020 7090 7800
Baron Phillips, Tavistock Communications Tel: 020 7920 3150
This information is provided by RNS
The company news service from the London Stock Exchange
corehard
- 25 Feb 2005 08:23
- 58 of 2787
mysunshine: Thanks for the info...
Ted1
- 25 Feb 2005 09:19
- 59 of 2787
Good find butane, spread the word that cfp are actually doing something because they still don't seem to want to tell anyone.
mysunshine
- 25 Feb 2005 12:56
- 60 of 2787
Thanks butane. Great stuff. Gives some reassurance.
Would have been nice to see MoneyAm put an "N" next to CFP in the portfolio watch list to bring it to people's attention as this does involve CFP. Some companies seem to get an "N" alert next to their name at the smallest whiff of action.
butane
- 25 Feb 2005 13:08
- 61 of 2787
Looks like we've lost one though..............
Alltrue Investments PLC
25 February 2005
Alltrue Investments plc (the 'Company')
Change of advisers
Nabarro Wells & Co. Limited has been appointed to act on behalf of the Company
as Nominated Adviser and Broker with immediate effect.
Further enquiries:
Leo Knifton, Chairman
Alltrue Investments plc 0207 251 3762
Jonathan Naess
Nabarro Wells 0207 710 7400
This information is provided by RNS
The company news service from the London Stock Exchange
butane
- 26 Feb 2005 18:42
- 62 of 2787
http://www.britishbulls.com/StockPage.asp?CompanyTicker=CFP&MarketTicker=FINANCIALS&Typ=S
fbrj
- 26 Feb 2005 19:13
- 63 of 2787
I usually post on the "other" site(!) but read through this one from time to time [partly because the other is a little more "active" - although contains a lot of rubbish!]. I saw on the other site that Knifton of Alltrue is associated with one Stephen Dean (of Griffin). If so, then frankly this is no great loss. Who knows...under its new management - perhaps CFA resigned!
butane
- 26 Feb 2005 19:38
- 64 of 2787
Most of the posters from the 'other site' are definately NOT welcome on this one.
deadfred
- 28 Feb 2005 09:37
- 65 of 2787
imho
quite right butane there is enought pooh spread on this one without anymore coming on board