Pressac Share Discussion Threads

[katsuman] 26/8/2006 00:03

sri franki, went into admin in July

[frankinkstain] 25/7/2006 12:11

has anyone got anynews about what is happening - I know that they have sold off McGavigan and Kaumagraph recently ( end 2005) to VC's.. but I have had no news from Pressac on last years results or where things are going - am a shareholder with approximately 20,000 shares

[cg1953] 28/6/2006 18:39

the fat lady started singing.
it really is over !!!
the lights come on and i am another 40k down !!!!

[renixus1] 05/4/2006 22:49

PRESSAC PLC

57940\0024

Publication Date: Tuesday, 28 March 2006


Notice Code: 2421


PRESSAC PLC

(Company Number 00871399)

Nature of Business: Holding Companies including Head Offices.
Trade Classification: 38.
Date of Appointment of Joint Administrative Receivers: 17 March 2006.
Name of Person Appointing the Joint Administrative Receivers: Deutsche Bank AG London.
Joint Administrative Receivers: Steven Anthony Pearson and Anthony Victor Lomas (Office Holder Nos 8832 and 7240), both of PricewaterhouseCoopers LLP, Plumtree Court, London EC4A 4HT.

[jwcs] 23/3/2006 01:30

I presume shareholders can expect nothing. Do you know the source of any more info, name of administrators, etc? TIA

[swf] 24/1/2006 16:20

There is an indication price on www.jpjl.co.uk
J P Jenkins provide a matching service in shares of unlisted companies.

[alikan] 24/1/2006 14:55

ps, it is not tradeable online.

[alikan] 24/1/2006 14:54

Anyone out there? I have Barclays showing a mid-price on this at 3.75p. Is there any news I should know about? I hung on thinking that eventually the shares could have a value and before I instruct Barclays I thought I would check in here.

[miamisteve] 10/1/2006 13:52

Time to let this one RIP I'm afraid. Received this email from Peter Webb today.

-----------------

Dear xxxxx,

I am afraid that our infuence at Pressac is now over and matters are firmly in the hands of the bankers. In hindsight, the CEO and advisors have really turned shareholders over! It was not for want of trying on our part but it seems that the likelihood of shareholders receiving a payment is remote. (with or without tax rebates!).

Let's hope that we make some money in 2006 to make up for it!

Regards

Peter

[jack.f] 24/12/2005 16:31

It's going to be 2006 before we see what the outcome is going to be. Still not sure what will happen with Pressac.

Good luck, let's hope we either get the 10p or Pressac floated back onto the market, a bit leaner and meaner.

Have a good Christmas and a prosperous New Year.

Regards, Bill

[knowing] 23/12/2005 16:38

Not a holder but wish you all good luck and a Merry Christmas.

[miamisteve] 23/12/2005 16:35

knowing - 1.75p .... Hmmm I'll hold on for a little more. ; )

Was considering the impact of the M&S tax offsetting court ruling. This could be quite dramatic if it stands against pressacs french operations.

Haven't done the number crunching but it would be worth several million. Would welcome anyones views, if it is worth contacting the company about in the new year.

[miamisteve] 23/12/2005 16:24

Unfortunately Bruce hasn't called recently, but here's hoping!

[knowing] 23/12/2005 16:24

miami you can sell them for around 1.75p at present.

[jhan66] 23/12/2005 16:16

I rate it a pretty good chance.
Keep the day job with E-Street, but keep an eye on Pressac prospects in the New Year

[miamisteve] 23/12/2005 15:46

Any ideas whats developing here?

I held 800,000 shares and had taken them off my monitor about a month after they delisted.

Read through the posts since and was good to see the shareholders ousted the board, having been on the receiving end of l gardner and save group in the past.

Is it over now or is there still a chance of getting a few pence for our shares? Anything would be a bonus for me as I had written these off.

[jhan66] 03/11/2005 09:00

cg,
don't give up on them yet. The company still have prospects & I originally bought because of asset value.
I was speaking to someone in one of the divisions earlier this week. Seemed fairly upbeat and no way thought his job was on the line. Decorative sold, more sales hinted at. We ought to come out with a much friendlier balance sheet & decent core business.

[cg1953] 03/11/2005 08:33

this thread seems to have gone very quiet.
so pressac is going to be broken up????
perhaps premier farnell and/or others will be interested in parts; so ttg [they are still down 5m on there stake] may not get it all there own way.

[jhan66] 29/9/2005 16:17

won't be there tomorrow sorry, but quite keen to hear any news/gossip if anyone does make it.

[jwcs] 17/9/2005 02:54

jhan66

Would appreciate it you did go to AGM and reported back here. I would go but live O/S's.

[jack.f] 16/9/2005 20:15

jhan66

I don't think I will be at the AGM, but think there are still some interesting times a head with Pressac and who knows we all may come out of this one with a smile on our faces.

Bill.