Ashton Penney Share Discussion Threads

[baronstjohn] 13/3/2009 23:43

Yawn........... is it spring yet.Has anyone heard any news from "Keep my information quite in this company. Hellooooooooooooooooooo Thereeeeee talk to us !!!!!!!

[baronstjohn] 13/12/2008 14:32

c in connection with the exercise of options granted by the Company pursuant
to the Ashton Penney Holdings plc Enterprise Management Incentive Plan.
By order of the Board

[baronstjohn] 13/12/2008 14:32

Well news of the AGM has arrived and maybe the new year will offer us something to look forward to.


NOTICE OF ANNUAL GENERAL MEETING
Notice is hereby given that the Annual General Meeting (AGM) of Ashton Penney Holdings
plc will be held at 11.00am on Tuesday, 30 December at 81-82 Gracechurch Street, London
EC3V 0AU to transact the following business:
Ordinary business
To consider, and if thought fit, pass the following Ordinary Resolutions:
RESOLUTION 1: Re-election of Director
To re-elect as a Director Mr Colin Maitland who retires by rotation and, being eligible, offers
himself for re-election;
RESOLUTION 2: Election of Director
To elect as a Director, Professor David Kinnon, who offers himself for election having been
appointed to the Board since the previous Annual General Meeting;
Special business
To consider and, if thought fit, pass the following resolutions which will be proposed in the
case of Resolution 3 as an ordinary resolution and in the case of Resolution 4 as a special
resolution:
RESOLUTION 3: Allot unissued share capital
THAT, in substitution for all previous like authorities which are hereby revoked, the directors
be and they hereby are generally and unconditionally authorised for the purposes of Section
80 of the Companies Act 1985 ("the Act") to exercise all the powers of the Company to allot
relevant securities (as defined in Section 80(2) of the Act) up to an aggregate nominal amount
of £2,000,000 for a period expiring (unless previously renewed, varied or revoked by the
Company in general meeting) on the earlier of the conclusion of the next AGM or a date 15
months from the date of this resolution, except that the Company may before such expiry
make an offer or agreement which would or might require relevant securities of the Company
to be allotted after such expiry and the directors may allot relevant securities in pursuance of
that offer or agreement as if the authority conferred by this Resolution had not expired;
RESOLUTION 4: disapplication of pre-emption rights
THAT, subject to passing of Resolution 3 as set out in this notice of AGM the directors be and
hereby are generally empowered pursuant to and in accordance with Section 95 of the Act to
allot equity securities (within the meaning of Section 94(2) of the Act) for cash pursuant to the
general authority conferred upon the directors by Resolution 3 as set out in this notice of AGM
as if Section 89(1) of the Act did not apply to such allotment, provided that this power here
granted shall be limited to the allotment of equity securities:
a where such securities have been offered (whether by way of rights issue,
open offer or otherwise) to holders of ordinary shares in the capital of the
Company in proportion as nearly as practicable to the respective number of
ordinary shares held by them (for which purpose holdings in certificated and
uncertificated form may be treated as separate holdings) but subject to the
directors having the right to make such exclusions or other arrangements in
connection with the offer as they deem necessary or expedient to deal with
equity securities representing fractional entitlements and legal or practical
problems under the laws or the requirements of any recognised regulatory
body or any stock exchange in any territory; and
b otherwise than pursuant to sub-paragraph (a) and (b) above up to an
aggregate nominal value of £435,946 (being 75% of the ordinary issued share
capital) and such power (unless previously revoked, varied or renewed) shall
expire on the earlier of the conclusion of the next AGM of the Company or a
date 15 months from the date of this Resolution save that the Company may
before such expiry make an offer or agreement which would or might require
equity securities of the Company to be allotted after such expiry and the
directors may allot equity securities in pursuance of such offer or agreement
as if the authority conferred by this Resolution had not expired; and

[baronstjohn] 06/11/2008 14:20

Should hear in the next couple days further news of the financial status

Ashton Penney Holdings Plc entered into a ten-day period of protection under insolvency rules with effect from 28 October 2008, and will work with its recovery advisors to assess its options.

[baronstjohn] 29/10/2008 11:59

Very interesting

RNS Number : 9258G
Ashton Penney Holdings PLC
29 October 2008

For Immediate Release

29 October 2008




Ashton Penney Holdings Plc

(the "Company" or the "Group")




Statement re Protection




Following the announcement on 3 October 2008 regarding the trading position and the need for additional funding and the subsequent request on 7 October 2008 by the Company that its shares be suspended pending clarification of the Group's financial position, Ashton Penney Holdings Plc entered into a ten-day period of protection under insolvency rules with effect from 28 October 2008, and will work with its recovery advisors to assess its options.




Those options include possibly the sale of some or all of the company's assets and/or a refinancing of the company.




Further announcements will be made as and when appropriate.




For further information:




Ashton Penney (Tel: )
Beaumont Cornish (Tel: )

Bruce Page, CEO
Roland Cornish


ENDS

[baronstjohn] 14/10/2008 12:56

Maybe extra funding can now be found lets hope so

[baronstjohn] 09/10/2008 15:51

Financial news due in November so have to give the benefit of doubt and say that more funding has been sought for.

[baronstjohn] 07/10/2008 17:57

Dont tell me thats this another one to bite's the dust

[baronstjohn] 03/10/2008 17:23

RNS Number : 0275F
Ashton Penney Holdings PLC
03 October 2008




3 October 2008

Ashton Penney Holdings Plc
("Ashton Penney" or "the Company")

Trading update

Year ended 30 June 2008
The Group intends to announce its full year results for the year ended 30 June 2008, in
November 2008 in which it will state that the
likely trading loss for the year is significantly reduced from the previous year following the
reorganisation.
Subsequent Trading
Trading in the current year is below expectations. The cash requirements show a need for
additional funding and the Board is currently
investigating a number of available options.

For further information, please contact:

Bruce Page
Chief Executive

Roland Cornish
Beaumont Cornish Limited


-ends-


This information is provided by RNS
The company news service from the London Stock Exchange

END

[baronstjohn] 01/10/2008 17:30

The other day l purchase another 29204 shares from the Halifax and instead of showing a buy , they were shown as a sell. Is somthing going on thats fishy .Have asked the Halifax to explain and still awaiting their answer.Anyone else had a simular problem. The reason l ask is if it appears sales are being made when they are not the market is not showing a true picture of purchase and sales

[failedqs] 22/9/2008 08:35

Down 40% this morning so far.........

Another disaster that ARC Fund Management have invested in.......

[baronstjohn] 06/9/2008 05:05

Results out this month

[baronstjohn] 03/9/2008 20:11

Nice one Colin

[baronstjohn] 03/9/2008 20:10

Ashton Penney says gets 50,000 pounds unsecured loan from Colin Maitland (Ashton Penney Holdin)




LONDON (Thomson Financial) - Ashton Penney Holdings Plc. said it has
received an unsecured loan of 50,000 pounds from its substantial shareholder and
director Colin Maitland.
The company said the loan bears interest at 8.5 percent per annum and is
repayable on or after January 3, 2011.
The proceeds will be used to provide further working capital, Ashton Penney
Holdings added.
[e-mail]
net/slm

[baronstjohn] 29/8/2008 13:44

There must be some news coming soon. Have high feelings for this group. Maybe a interesting announcement will arrive shortly.

[baronstjohn] 19/6/2008 11:23

Wouldn't it be nice if we were able to receive some news for once.

[8trader] 25/2/2008 12:07

Nothing exciting in those results, still only hold a tiny amount,
not selling at 1p so forget them for a while and hope for a run
in the future to sell them out for.

[8trader] 11/2/2008 09:48

Simple.

Because it's a very quiet stock and also a very high risk stock.

1.25-2p monitor is never going to attract much attention, online
as i've stated the limits are hot but that does not guarentee upward
movement.

[rachubb] 11/2/2008 09:41

So why are more not buying?

[8trader] 11/2/2008 09:22

Didnt take a lot to move it again, just a 7k buy.

Spread has been widened to 1.25-2p, online it's 1.63-1.91p...150k v 37.5k.

[8trader] 08/2/2008 18:24

The stock is like a pyrmamid, the mm's have absolutely no stock,
2 buys today including mine for coppers and the price has jumped
up over 30%, anybuy will almost certainly move it, the shareprice is
more than likely going to jump next week until a point where the
larger buyers take profits, the gamble is how far will it go until
that happens, a squeeze like this happens now and again and will
artificially inflate a tiny company share price to sometimes silly
levels, i paid 1.75p for just 15k but that was enough to increase
the bid to 1.63p for size despite the moitor bid showing only 1.25p, a
little fun gamble, how far it will go nobody knows but it does not
matter about the companies prospects, this is just a real squeeze
but i bet i make a good profit on my tiny purchase.

[dennis russell] 08/2/2008 17:35

ASHT is in an interesting market. (I wrote the book, 'Interim Management'). We used to believe that it would be contra-cyclical, i.e business would increase when a downturn crushed the management-recruitment business. It's not, so the current difficult times are more likely to get worse. Time for retrenchment!

[8trader] 08/2/2008 15:00

Got 15k and that's it.

Shame because the limits are just so hot, it dont matter what state
the company is in the mm's do not have stock.

It's 1.25-1.75p but they are bidding 1.63p for 150k online and offering
5k online at 1.75p.

[8trader] 08/2/2008 14:33

Order failed again.

The online bid is now mid price for 150k (1.38p), they are so desperate
for stock but you just cant buy a decent quantity.