sage in the hills
31 Aug 2017
Investigation called for The sp started rising noticably at 11am, with sizeable purchases ...........but the RNS came out at 13:40.SAGE
TX2
17 Mar 2017
Re: Evil Knievil says The problem as ever is that we have a not particularly successful business with a huge pension fund attached;50 years ago as the George Cohen 600 Group this was a significant business.......The snag is that although interest rate increases in the future may on paper improve the pension figures the reality is that to close the pension scheme & buy annuities to fully fund it would cost around double the cost of the funds present assets.I am basing this on a company Ensor in which I am a shareholder which is in the process of liquidating itself and returning capital to shareholders.It had a small closed to further accruals defined benefit pension fund the company had to put around £6m additional cash into a fund of roughly the same size to put into a state that it could be passed on to an insurance company. The shareholders have no claim on the assets of the fund if on paper interest rates create a surplus in the fund until the death of the last pensioner but have a liability to any shortfall.I have looked at this company on & off for 20 years it has always seemed cheap;but it is the pension problems that stops the shareholders gaining any benefit......
whatsupnow
16 Mar 2017
Evil Knievil says For reasons that are not disclosed Haddeo Partners’ optional sale to Disruptive Capital of a 23% stake in Six Hundred Group (LON:SIXH) at an undisclosed price has lapsed. This must be because DCI could not see that SIXH was in a condition to justify DCI proceeding. The effect has been to knock SIXH’s price by 15%. But since the exercise price was never disclosed I doubt if this means much – if indeed it means anything. I still think SIXH is worth upwards of 20p. It is just that getting there may take longer. Time to buy at 12p.
seadoc
16 Mar 2017
Re: Interesting RNS sneaked out on Friday Af... End of interest:[link]
seadoc
27 Jan 2017
Interesting RNS sneaked out on Friday Afternoon [link] with interest,Seadoc
seadoc
07 Dec 2016
Interims Market cap is £10m. PE is ??? only 2.5 but much of earnings is interest on the, in surplus and now closed, pension fund and the nominal value of the pension fund is £251m. If... IF... interest rates rise this must be the greatest bargain going if only as a hedge against a rise in interest rates.Anyone who can help me get my head around this?Regards,Seadoc
seadoc
23 Feb 2015
Re: Laser Marking a fast growing segment Nice,Sorry about link, works for me but just scroll back to that date. I am still expecting/looking for 20p.Regards,Seadoc
Nice to Michu
20 Feb 2015
Re: Laser Marking a fast growing segment Sorry Seadoc but when I try opening that link it only brings me back to this our current discussion page.I topped up with 10,000 more of these yesterday. It's only ticking up slowly now which is disappointing.. 20p not as certain as we both thought, perhaps
seadoc
18 Feb 2015
Re: Laser Marking a fast growing segment Nice to Michu.Have done a bit more searching, last this is what I found, post of 5/8/2010:[link] found much more,Regards,Seadoc
seadoc
17 Feb 2015
Re: Laser Marking a fast growing segment I think the 20p is a given. It is the exercise price for the 48m warrants that are being issued along with the loan notes to raise the cash to but 80% of TYKMA. Looking at the terms of issue of the warrants there is no way they will not be passed at the General Meeting. After the warrants are issued Paul Dupee (through Haddeo) will be the majority shareholder and I guess we can expect ownership to cross the pond. I will definitely be selling into any strength above 20p. If I have time will do a bit more research into Haddeo, last time I looked not much came up.Regards,Seadoc
Nice to Michu
17 Feb 2015
Re: Laser Marking a fast growing segment Director Purchases generally help too. So nice one Neil Rogers. It's ticking up again today. Moves in such illiquid stocks - up or down - often happen in chunks and so I'm now hoping for 20p here in the short-term.(the acquisition will make Lazar Marking a much bigger part of turnover going forward)
Nice to Michu
16 Feb 2015
Re: Laser Marking a fast growing segment Thanks Seadoc. Why specifically a 21p peak?( and then fall back, I guess?) Are you a chartist?If there then fine by me. I'd take some profits if it gets back in the twenties but would still remain a long term holder for at least half my current investment.
seadoc
16 Feb 2015
Re: Laser Marking a fast growing segment Rob,Might (peak) back to 21p, would love to see 30p but not holding my breath!Regards,Seadoc
Nice to Michu
16 Feb 2015
Laser Marking a fast growing segment And this in a US economy that is growing strongly. The purchase funded through lending and warrants is good news versus rights dilution. Also the acquisition adds to bottom line profitability in year one and strategically looks good for progressively enhanced profitability thereafter.General current business performance is in line with management expectations and that's on top of two progressive half yearly updates recently.This share might well get back into the 20's pence relatively quickly and I'm hoping that 30p during 2015 is achievable.Rob Scal
Nice to Michu
26 Jan 2015
Share Price Pick up in 2015? Disappointing that after a progressive set of half yearly figures at the end of November that this SP has continued to tick down. But it's on low volume and AIM stocks are often somewhat random outside of news periods. Their last acquisition attempt was messy and hopefully they've learned from that in any further M&A attempt the CEO hinted at them soon possibly undertaking. Also they were a target themselves reasonably recently so why not again. Perhaps there's a worry that they'll tap shareholders for money to fund any acquisition or perhaps their large - but healthy - legacy Pension Fund puts some off investing here.Their core UK and US Markets should be at least decent again this year and so they might well further improve their figures. Therefore I believe that this stock could readily tick back up into the twenties and if no fund raising maybe even reach 30p this year.But it's a small cap AIM so anything can happen and this is a high risk bet for sure.I'm in to the extent of 50,000 shares at 17p break even. Good luck to all fellow holders!Rob Scal
