Albert Technologies Share Discussion Threads

[ih_679027] 08/8/2019 12:06

Can now sell for 4.50 and buy for 4.45 but virtually no shares available so market makers desperate for stock so any news and this should surge

[smithless] 01/8/2019 14:56

Who knows what RG is doing. He may just believe it would be better as a private company which one day may relist or sold privately to a 3rd party. Or he may just try and block (with others) the vote at the GM and help refinance it. Whatever, I have had to sell, as the shares were in a SIPPS and I can't hold unlist stock in it and can't just hang on a wait for who knows what. The CEO is a ..........

[paula1919] 29/7/2019 16:53

60% profit in a few days brill

[yumyum1] 29/7/2019 16:43

Excellent rise today.

[madchatter2] 29/7/2019 14:58

Makes me smile. People throwing around "short squeeze" like it's candy. But you do realise that has a very specific meaning right?

This is not a short squeeze.

[shirley83] 29/7/2019 13:39

Can see the gap to 7p filled today or tomorrow

[letmepass] 29/7/2019 12:37

Looking like a short squeeze on here..

[ny boy] 29/7/2019 11:43

Better stick to no brainer stocks like (STX), which got broad label fda approval in the huge US market on Friday. Dyor as usual

[cudmore] 29/7/2019 10:52

Letmepass

FDBK flying again. Multibagger in the making.

[letmepass] 29/7/2019 09:38

Its not going private thats for sure. Some gaps to be filled in the meantime.

[tidy 2] 29/7/2019 09:37

Wonder why Richard Griffiths has increased his holding from 14% to 19% here

[letmepass] 29/7/2019 09:31

Gap up to 20p coming

[bakunin] 25/7/2019 18:12

I wonder what RG intends to do.
Based on what was said by smithless regarding the % of votes cast at the EGM, RG's 19.32% of total shares should be enough to prevent 75% of votes cast at the EGM being in favour of the delisting.

[brownie69] 16/7/2019 18:30

It does not matter what nationality the company has. A fraud is a fraud and if this company still has cash, and it certainly has the tech then the business model cou;ld be tweaked if that is what is required.. (I only invested because i became aware how well it was performing at one of its customers)

I may be able to reach Richard Griffiths and if I can I will report back with his thoughts. Otherwise my 500k shares will be voting against and I will attend the EGM on 20th August if I can.

[bakunin] 16/7/2019 15:47

smithless
Thanks very much for your reply. You have told me something I did not know.
Now it makes sense why "nominee" stockbrokers only give you the opportunity to accept what the management want or "to take no action". Corrupt to the marrow of the bones. Just clever, insidious corruption. I mean, who on earth does one complain to about this? The FCA won't accept complaints. The procedure is to go through the FO. The FO only acts on specific acts of damage. What use is the FCA? It is uncontactable. MPs won't see anyone who wants to ask them to bring up changes to the law. They just get their secretaries to take down notes and then they write letters of enquiry which just get straight-batted back. If it weren't for journalists, Britain would easily be amongst the most corrupt nations in the world. I only need to chat to a friend who is a local councillor and chairman of the county NHS patients' association to be reminded of this. Can't see that journalists are interested in the plight of shareholders, though.

[smithless] 16/7/2019 13:23

Bakunin, I totally agree with you. I hate the management of companies that call GM's to delist, mostly based on dishonest reasons. ALB don't have to delist and its reasons are suspect. I have seen a lot of delisting over the years and fortunately, I have only been impacted by a few. I have only seen one which didn't get the 75% required to delist (I and others fought hard as the management only had a smallholding and inst inv were so fed up with managements lies), which later went on to delist anyway, because it couldn't issue its accounts under aim rules and later on went bust - more than one way to delist. The thing with delisting, its 75% of the votes cast at the GM, not 75% of the shares in issue. So if Or Shani and his mates have say 50% of the allocated shares and only 80% in total bother to vote, the board will get its 75% - unfortunately, this scenario happens more often than not!

[pugugly] 16/7/2019 12:54

Now be careful boys and girls about rude words about Israeli companies - You will have the Labour pary thought police after you to invite you to become a full member of Corbyn's mob -

[bakunin] 16/7/2019 12:43

smithless
I could agree with everything you said apart from the final sentence.
That makes it sound like you are one of the "beneficiaries" who want to "convince" shareholders to just accept this theft as bad luck.
Why should investors just move on and let the company's technology be picked up for a song?
ALB still have plenty of cash and the technology is substantially developed.
WAND is a perfect case study in adapting cash spend at the same stage of evolution.
The fact is that the company "owners" are intent on theft.
In fact, they will only get away with this because of the corrupt British stock market nominee system.
Any PI with shares in a nominee account will find that they are voting in favour of what the "owners" want irrespective of their wishes or what they attempt to do.
Has anyone ever actually seen accountability for votes cast in a shareholder vote?
Look at the Articles of Association of a typical company and you will find that they count hands raised!

[tomboyb] 16/7/2019 12:25

Learning can actually be incredibly difficult -

I think this is more akin to gambling -

Gamble on profits / losses staying on AIM good board bad board -

It is aim -

[smithless] 16/7/2019 12:11

athnotts - there are a number of other players in this market and Albert simply failed because of its business model that required advertising/companies to put up to 25% of their marketing spend into Albert's ai - it's competitors don't need anywhere near this. In addition, it very difficult for an advertiser/company to set up a campaign and requires an account management from Albert to input and most of them don't have a clue. A very poorly managed business, who think by throwing money at a problem would fix a broken model. Stupidly, I punted a few recently, as mkt cap covered by cash and news flow looked like it was on the horizon. I thought Oct/Nov would alarm bell time and this RNS is out of the blue. Learn and move on.

[papillon] 16/7/2019 11:45

PWhite73. Why would a genuine Israeli, Chinese, or Indian stock not list on their own exchanges rather than the AIM cesspit? Is it not possible that they list on AIM because their own exchanges wont touch them with a bargepole? Unfortunately it appears that almost all Israeli, Chinese & Indian stocks that list on AIM turn out to be pure fantasises, if not downright frauds.

[davidosh] 16/7/2019 11:23

Anyone else going to attend? The Circular will also contain a notice convening an Extraordinary General Meeting which is to be held at Bryan Cave Leighton Paisner LLP, Adelaide House, London Bridge, London, United Kingdom EC4R 9HA at 10 am on 20 August 2019,

It needs 25% against the de-listing to block it.

[athnotts] 16/7/2019 11:16

aim is not the right place for this kind of a company, on the assumption that the tech is good (many israeli firms have great tech, some don't, just like any other place...) this is a vc type play, large losses needed for some time to get to scale, and it's not going to generate cash for some years yet. the vc(s) will want preference shares and other onerous t&cs etc etc. a vc will value this at higher than what it used to be here before the drop today, once they have done the type of v deep tech and market dd that an aim institution or a pi just can't do. (and if the dd turns up that the tech is not good then game over...).

[alex1621] 16/7/2019 10:29

Perhaps he should have just said "avoid all AIM companies"?