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Welcome to CONCHA PLC (formerly Hot Tuna (International) PLC.

The stated aims of CONCHA PLC are to evaluate and invest in a broad range of
technology, media, well being and related industries.


Company History

Hot Tuna was born in Australia in the summer of 1969 to serve the demands of sojourning surfers, the product of a dedicated surfer�s passion fueled by the skill of his fashion designer wife. Spreading on the bodies and boards of watermen through coastal locales in the South Pacific, the brand quickly burgeoned globally, becoming an influential leader in the nascent surf industry and one of the progenitors of the neon era of surf in the '80s. Through the brand�s storied history, a long list of notables, in and out of the water, have waved the Hot Tuna banner at one time or another in their careers, including pro surfers such as Richie Lovett, Robbie Page, Beau Emerton and Drew Courtney.

In September 2005, Hot Tuna (International) PLC purchased the Hot Tuna brand from a consortium of investors and listed it on AIM, a division of the London Stock Exchange.

In the interest of managing its brand profile and distribution globally, the public Company began a rapid acquisition of its licensed interests around the world. Talented designers and key management with apparel business expertise from Quiksilver, O�Neill, Ocean Pacific, Rip Curl and Perry Ellis International, among others, were recruited to drive the process in the key markets of the United States, Australia and the United Kingdom. In July 2006, entrepreneur and fashion icon Elle Macpherson, who grew-up with the brand in Australia, was appointed as an executive director of Hot Tuna (International) PLC, her interests focused on design and distribution issues, as well as overall youth fashion and market insight. The Company's name change to Concha Plc (AIM Ticker: CHA) will become effective and the Company will begin trading under its new name from 8:00 a.m. on 7 February 2012.

http://www.conchaplc.com/

Have yet to read another post regarding Hot Tuna products. Nothing misleading about the fact these products are being sold off at sale prices, links were provided.

another day rising, and someone does not like it.

A fool will allways be a fool

I will not bother to explain the reason is going up, do yourself the research or just get off from here STALKER

the only thing you did well on your live is to choose the "nickname" it tell all about you .......... negativity

I'm not going to have a slanging match with you on this thread Panto.

Current Portfolio Update

Moshen Limited

On 5 September 2013, Concha announced that Moshen Limited, a business in which it held a 40% interest, had been placed in to administration and that the security granted to Concha in respect of the £300,000 term loan advanced to Moshen was unenforceable. The administrators of Moshen have advised the Company that they do not expect to make any payments to creditors or shareholders.

Concha has engaged advisers to consider the actions of its legal representatives at the time the interest in the Moshen business was acquired, and the failure to validly register a security interest in the assets of that entity. On 3 December 2013, Concha submitted its detailed letter of claim against its former legal advisers.

Churchill Media Limited

On 1 October 2013, Concha announced that as a result of Churchill Media Limited ("CML") having failed to discharge the obligations in relation to a loan advanced to CML by 30 September 2013, it had issued a notice of default to CML.

Despite a continuing dialogue with Richard Thompson, CML's sole director and shareholder, Concha has yet to receive any satisfactory proposal relating to either repayment of the loan either in cash or through an exchange for interests in investments held by either CML or its associates. In the absence of any satisfactory proposal, Concha is now seeking to review to the original transactions and the actions of those involved at the time of the advance.

Mon, 31st Mar 2014 15:58
LONDON (Alliance News) - Concha PLC Monday reported a wider loss for the first half of its financial year as administrative expenses rose and it wrote off liabilities.

However, it also said that it has identified a number of potential acquisition opportunities in the technology, media and communications sectors, and will update shareholders in due course.

The company, which earned just GBP6,000 in revenues in the six months to December 31, 2013, reported a pretax loss of GBP323,000, wider than the GBP85,000 loss it reported a year earlier. Its general and administrative costs rose to GBP203,000, from GBP104,000 and it booked a GBP126,000 writedown of liabilities, which it didn't detail.

The investment company in the technology, media and communications sectors has a principal investment in specialist media design agency The Works. It also had a 40% stake in Moshen Ltd, which went into administration last September.

In a statement, Concha said its investment in Works was continuing to perform well, supplemented by the Works Digital digital agency operation that it set up with the management of Works in the wake of the Moshen administration.

"The board continues to progress its action against its former legal advisors in respect of the failure to register a valid security interest in loan amounts advanced to the former Moshen business and expects to conclude this process before the end of the current financial year," it said in a statement.

Concha's investment in Moshen was its first since it became an investment company when it bought a 40% stake in the application developer back in April 2013. It went wrong when insolvent Moshen's administrators deemed the loan Concha made to Moshen to be unsecured.

It said professional fees associated with the Moschen administration were included in its general and administrative expenses for the first half. It also included the costs of its attempts to recover outstanding amounts under a loan it made to Churchill Media Ltd which are in default. It had said last October that it was owed GBP750,000 and accrued interest of about GBP50,000 by Churchill.

Still, Concha shares were up 2.8% at 0.483 pence Monday afternoon.

By Steve McGrath; stevemcgrath@alliancenews.com; @stevemcgrath1

It might also be worth now pointing out that Concha disposed of the 'Hot Tuna' brand back in January 2012.... So the fact that the brand is being sold through Sports Direct currently matters little to Concha anyway. A shame those claiming to be in the know didn't...

http://www.proactiveinvestors.co.uk/companies/news/37765/hot-tuna-to-become-cash-shell-after-sale-of-brand-and-assets-change-name--37765.html

good grief rickenbacker!
this is the sort of stock that is best avoided even in good times

cynic

stick to what you are good at .... licking arses

that is why you will be poor all your life in investing on shares

that is the second time you are helping desesperados

YES I know .... "Shortie " is posting on your thread so a Helping hand from mummy
------------------------

re - this is the sort of stock that is best avoided even in good times

This is the type of stock that " Akers" has made me money in the past,

a sort of follow the leader, not the fool that you are doing

just to let you know, I am on the money

don't be such an arrogant and obnoxious little tosser, but perhaps that is the only way you can hide from your (warranted) inferiority complex and other shortcomings

do i or anyone else care if you are making £1m on this stock? .... it sure as hell wouldn't alter my view of it

you never make any money anyway
why are you commenting in something you do not have any idea .... mummy

-----------------
re -inferioty complex

we all know YOU, talking from you backside on question of shares, buy some mirrows are cheap,
then talk that is even cheaper comming from you.

mummy is dinner ready?

that is what you are good at, apart from gossiping and interfering on threads, here included.

you really are a laughing stock
the more you abuse, the more stupid you show yourself to be ..... but please carry on as you provide us with some welcome light entertainment

Keep gossiping, is you cup of tea

( It looks like you were born with the wrong S.. )

if you have a view, then give the reason, instead of the easy way " I wouldn't touch with a barge POLE"

Same applies to you, I've already posted the dodgy facts about this company, although we're yet to hear why its such a good investment from you. Your input is nothing more than ramp after ramp.. Surely you have facts to back up your ramps, or would you like someone else to list this companies positives as you don't have a clue?

easy ...... i don't much care for clothing retailers, not even ASC which remains well o'priced, but with the exception of NEXT

i certainly think the likes of Hot Tuna or whatever it likes to call itself now, is or was trying to latch into a very small and pretty low grade niche market

there is no reason to doubt the information that shortie posted, even if you don't like it

minnow lemming stocks may be ok to buy to ride the momentum in booming markets, but are a total mug's game in the volatile markets that are currently prevalent

========

enough good reasons for you?
probably not, but do i or anyone else really care or indeed, care even one jot or tittle or iota or atom?

As with all paper traders they never do any research, why, because they have nothing to risk... If real money were on the table then he'd know the pro's and con's of the stock... But no, he's unable to post any facts that can be checked or verified, posts consist of just general rubbish like the stock is "Breaking Out" or abuse to anyone with an opposing view even if its backed up.

Back to the stock please boys.

I have to declare that I have a holding in these.


Mike

Bullshare, happy to get back to the stock, and the facts.

Concha state their principle investment (purchased Aug 2013) in The Works is a 30 per cent stake bought for £400,000. The Works was founded in 1989 by the current chief executive Roy Webber and the business employs 17 staff. Mr Webber used to work at the BBC and Yorkshire TV and he and his wife Karen are the majority shareholders of The Works. The Works’ clients include some of the world’s biggest sporting federations such as UEFA, FIBA, IAAF, FIVB, ERC, RFL, FIH and NBA.

Link to website.
http://www.worksltd.co.uk/our-work/
Registered Company No. 03816192 : THE WORKS THE COMPLETE DESIGN FACILITY LIMITED

Looking at companies house shareholders are listed as (Annual Return 29/07/2013);

Class of Shares Par Value (£) Number of Shares Issued Capital
Ordinary 1.00 20004 £20,004
SHAREHOLDERS NON-QUOTED

Shareholder's Name Class of Shares Joint Shareholder Number Of Shares Issued Capital
ROY, REGINALD, WEBBER Ordinary No 8003 £8,003
KAREN, WEBBER Ordinary No 8000 £8,000
CRAIG, ANTHONY, LEONARD Ordinary No 2001 £2,001
GRAHAM, LESLIE, BERKS Ordinary No 2000 £2,000

Beggars belief

doing research pays, but the two fools are doing the wrong research, past is past, you have to look forward the future will be rosie.

Do I see 0.82p on the chart

Is was a BREAKOUT earlier but now is much higher

good for you old chap, and no one begrudges you making the odd £m or so
indeed, many moons ago, i followed you (under a different alias) and the momentum on EOG and made a nice little turn ..... however, for all sorts of good reasons (which you ignored), i happen not to like this particular stock

however, what is so objectionable, is your perpetual smug arrogance and snide and belittling comment about any who have the temerity to disagree with your views

I do not know you and I do not want to know you, but reading past post, I have reached the conclution.... you are the type of person taking advantage of others research, and mostly investing on a 5% dividend stock and 5% gain on a boring stock.

We are talking about multy bagger over here, if everything goes to plan

You have not a propper view, because you did not do any research on the future, instead of looking into others research on the past.