Just had a look on Reuters, they give MEQ a risk grade of 85 ie. no risk at all.A no risk share at a silly price!!, come on now.
Dexter

up 21% today, keep an eye for a quick return.
Dexter

Microcap Equities Plc ('Company')

Interim results for the six months ended 30 June 2005

Chairman's statement

I am pleased to present the results of the Company for the six months ended 30
June 2005, which show an operating loss of 57,000, a 50 per cent. reduction
compared to the same period last year (2004: 106,000).

To achieve this reduction, the directors have kept overheads to the minimum
required to maintain the Company's quotation on AIM.

On 1 July 2005, Christopher Phillips resigned as chairman and I was appointed
in his place.

The directors continue to seek ways to maximise shareholder value.

Nicolas Greenstone
Chairman

28 September 2005

Microcap Equities plc

Profit and Loss Account

for the six months ended 30 June 2005

6 months 6 months Year ended
ended 30 ended 30 31 December
June 2004 2004
June 2005
(unaudited) (audited)
(unaudited)
'000 '000
'000


Turnover 3 - 5


Administrative expenses (60) (106) (1,164)

Operating loss (57) (106) (1,159)

Profit on sale of shares 3 - 268

Interest receivable - - 1

Loss on ordinary activities before (54) (106) (890)
taxation

Tax on loss on ordinary activities - - -

Loss on ordinary activities after (54) (106) (890)
taxation and Retained loss for the
period

Loss per ordinary share (0.11p) (0.35p) (2.36p)



The profit and loss account has been prepared on the basis that all operations
are continuing operations. All recognised gains or losses are dealt with
through the profit and loss account or statement of recognised gains and
losses.

Microcap Equities plc

Balance Sheet

as at 30 June 2005

30 June 2005 30 June 31 December
2004 2004
(unaudited)
(unaudited) (audited)
'000
'000 '000


Fixed assets

Investments 229 178 304

Current assets

Debtors 118 17 152

Cash at bank and in hand 37 - 8



155 17 160


Creditors: amounts falling due within one (81) (289) (107)
year

Net current assets/(liabilities) 74 (272) 53

Total assets less current liabilities 303 (94) 357

Net assets/(liabilities) 303 (94) 357

Capital and reserves

Called up share capital 1,116 947 1,116

Share premium 3,321 2,257 3,321

Profit and loss account (4,134) (3,298) (4,080)

Equity shareholders funds 303 (94) 357


Microcap Equities plc

Cash Flow Statement

for the six months ended 30 June 2005



6 months ended 6 months ended

30 June 2005 30 June 2004

(unaudited) (unaudited)

'000 '000 '000 '000



Net cash (outflow)/inflow from 45
operating activities
(49)


Purchases of investments - (48)


Sale of investments 78 -

78 (48)


Increase/(Decrease) in cash 29 (3)

Microcap Equities plc

Notes to the Interim Results

1. The interim results are unaudited and do not constitute statutory accounts
within the meaning of section 240 of the Companies Act 1985. The figures
for the year ended 31 December 2004 have been extracted from the statutory
accounts filed with the registrar of companies on which the auditors gave
an unqualified report.

2. The interim results have been prepared using the accounting policies set
out in the statutory accounts for the year ended 31 December 2004.

3. The comparative figures for the unaudited interim results for the period
ended 30 June 2004 are stated as announced on 24 September 2004.

4. Loss per share

The earnings per share for the six months ended 30 June 2005 has been
calculated on the basis of the loss after taxation for the period of 54,000
(2004: 106,000 ) and the weighted average number of shares in issue during the
period of 47,623,600 (2004: 30,649,927). .

5. Copies of the interim results will be available at the registered office of
the Company, One Great Cumberland Place London W1H 7AL.

6. The directors do not propose to pay a dividend for the period.



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2005 MoneyAM

Went down nearly 10% today but that's just continuing their pattern for the past year -
dexter01 - do you have any knowledge of this co?
They are shown as being "financial" and I've read (your posts)above - difficult to get in touch with them and if their sp is falling this fast, what hope for their investments - unless they are truely undervalued hot-stocks with bags of potential - the sp doesn't reflect this IMHO.

why these tick ups but no news, anyone know the reason, been watching it, but not bought in, it was up on friday as well and there were no buys at all

I took a dip today ;-) ... News expected

Statement re Share Price Movement (Microcap Equities)


TIDMMEQ

12 May 2009

Microcap Equities Plc

(the "Company")

Statement re: Share Price Movement

The directors of the Company (the "Directors") note the recent movement in the
Company's share price and the high volume of recent trades in the Company's
shares.

The Directors confirm that they are currently in negotiations with certain
parties with respect to an equity investment in the Company. No guarantees can
be made as to whether or not such negotiations will lead to a transaction being
concluded. A further announcement will be made in due course.

For enquiries:

Microcap Equities Plc 020 7247 9691

Nicolas Greenstone 020 8371 3071

Rakesh Patel

John East & Partners Limited 020 7628 2200

Bidhi Bhoma



END

The below quote from the Interims last September:-

'The company has been seeking to make an acquisition or to attract additional
investment and the directors are optimistic that they will be able to achieve
one or the other before the year end'.

And this week's news:-

'The Directors confirm that they are currently in negotiations with certain
parties with respect to an equity investment in the Company'.

With Finals next month I think the aim will be to conclude the negotiations as soon as possible with everything wrapped up prior to results. IMO should see exciting developments over the coming weeks and a new chapter in MEQ looms. DYOR as always!

Volume:-

The approximate number of plastic bags consumed this year:
183,112,410,621

In negotiations with more than one party about equity investment. That is also a v.big positive amongst everything else highlighted. Next step imo would be any interested party putting the equity in, then acquisition via normal routes or reverse takeover. In CN. there was alot of very large buys prior to the latest big rise and hence whilst we wait for further news one of the interested parties may start taking a stake whilst the share price is so low imo.

MEQ's chairman has the pedigree to pull a rabbit out of a hat...the below link (background information) on directors makes interesting reading. We have another individual also Mr Rakesh Patel on board who has been involved in more than 25 AIM transactions.

'During his legal career, he led transactions with an aggregate value in excess of 3 billion, including a real estate acquisition with a transaction value of 600m'.

http://www.microcapequities.plc.uk/meq/documents/comp_disclosure/rule26_tear_sheet_08_08.pdf


The chairman is also on the board of Merchant Capital.

'Nicolas is the proprietor of Barton Brown Limited, an FSA authorised corporate finance firm which specialises in small cap fundraising and listing'.

http://www.merchant-capital.com/our-team/nicolas-greenstone


Some more background bearing in mind MEQ's links to Merchant House Group. MEQ has the listing and Merchant House trying to bring asian companies over here. Use MEQ's listing has been the long wait.

20 March 08

Merchant House Group plc is taking a 49% stake in a new venture aimed at bringing Singapore, Hong Kong and Malaysian companies to the London market.

http://www.merchanthousegroup.com/recent-press/singapore-corporate-finance-arm-marks-latest-restructuring-step

Our Services
Fundraisings

We have an integrated and pragmatic approach to fundraisings and seek to provide clients with the most effective and appropriate financing solution, based on their strategic objectives.

We may develop a phased fundraising strategy for clients with a view to maximising shareholder value.

* Introductions
* Secondary equity offerings
* Reversing into a cash shell
* Private equity
* Debt and asset-based financing

http://www.merchant-capital.com/our-services/fundraising

Lots of articles seem to be written this year inc. recently too about cash shells. And hence no surprise that MEQ is in discussions with more than one party. Hopefully start of next wave of rises this coming week after consolidation towards end of the week. I would have thought the board would try and conclude the negotiations and any subsquent activity prior to the finals next month. Nearly all the buyers at 0.40-0.55p have kept hold of their shares.

Some strong buying returning again yesterday, next wave of rises maybe on the horizon.

Started rising again with today's rise. May turn out to be another super week again.

These have started rising on minimal buying again, up again today thus far. Last weeks news referred to an announcement in due course.

0.30-0.40p, one to watch now imo.

Got a few more this morning at .35p.

Some decent buys today, 500K + 323K.

http://www.growthbusiness.co.uk/channels/raising-finance/flotation/1047067/cash-shells-aims-bestkept-secret.thtml

Cash shells: AIMs best-kept secret
Article Date: May 21 2009
Oliver Haill

Cash shells offer another way to float
Deciding to take your company public at the moment seems as eyebrow-raising a move as streaking at a national sporting event.

A cash shell might offer a more discreet solution. Essentially, a cash shell is a company with not much more than a stock market listing, some cash in the coffers and a director or two. It can provide a less risky route to the public markets than an initial public offering (IPO).