Base Group Share Discussion Threads

[westernedge] 25/6/2007 13:57

weak holders doesnt imply the person is weak....its a term used to describe holders who think exactly like you.. ie get their money back or close to it

[to350] 25/6/2007 12:47

what do u mean by WEAK holders, the majority on here have been in for ages so ur assumption is hardly fair, i think you will find that if people manage to get their money back on this pile of cr@p they will take advantage and move it elsewhere, that does not signify weakness just a desire to try and make their money make money and not b tied up in what frankly has been a disaster.

[currypasty] 25/6/2007 12:17

i understand the placing shares are EIS able, which means these shares are more likely to be held for 3 full years from list

[westernedge] 25/6/2007 12:15

hardly save the money..its been in bs for 4 months...
imo weak holders will exit in droves if the share price gets to /or cloe to their buy price..me..im content to wait a few years and may buy some more once the dust has settled....you pays your money etc...

[to350] 25/6/2007 12:11

curry the only thing uv missed is the plot.

westernedge....save ur money.

[dbno] 25/6/2007 11:39

westernedge

There are no weak holders, we've all been here since forever!!

[audereestfacere] 25/6/2007 10:08

There's no bulletproof vest that can protect any inVESTment from being shot to pieces.

[uknighted] 25/6/2007 09:43

I suppose we have to be grateful that there is some value left in it for us.
Hopefully, "big trees and small acorns".
Regards UK

[to350] 25/6/2007 09:36

wot can i say uk? the only hope is that we can protect ourselves against being shot in the foot again, but in saying that,protection for the old bill etc has got to make money with the amount of idiots out there with access to a gun. Do you think that they make bullet proof shoes?

[uknighted] 25/6/2007 09:20

Conveniently values the new share price the same as the old one was at suspension.
Regards UK

[to350] 25/6/2007 09:17

so 2000 for every million seems like a fair rip off.

[digital sport] 25/6/2007 08:06

Thats what worries me

[to350] 24/6/2007 21:05

so did base.

[digital sport] 23/6/2007 18:46

Looks, quite a good little company

[digital sport] 22/6/2007 20:11

sounds like your gonna buy a lot of shares. Are you one of them highrollers ?

[westernedge] 22/6/2007 18:50

volume rsi and the other useful stuff if u want..

anyway having read a bit more im fairly bullish about this once the weak holders are out could be a good 2/3 year hold...

[flc] 22/6/2007 16:43

Now I get it - cheers

[uknighted] 22/6/2007 15:37

No, 1 new share and 499 deferred, the new share should be worth 25p ( or the price at opening) and the deferred will eventually be cancelled.
Regards UK

[flc] 22/6/2007 15:28

Isn't VQ saying that our consolidated shares are to be subdivided in to deferred stock and subsequently worthless?

[dbno] 22/6/2007 14:24

or hang on for a 100 bagger lol.

[audereestfacere] 22/6/2007 14:07

Why should existing holders bale out? Most if not all have lost a lot of money and need the new company to reach 2 to 3 pounds to breakeven. Maybe it'll be us not you leading the buying in order to average down, and then dump the stock at the first opportunity.

[currypasty] 22/6/2007 13:41

anything ive missed ?

[currypasty] 22/6/2007 13:35

Interim thread to let people know what is going on...



Every 500 ordinary shares of GBP0.01 will be consolidated into 1 consolidated share of GBP5.00
Then each consolidated share of GBP5.00 will be subdivided and reclassified into 1 new ordinary share of GBP 0.01 and 499 deferred shares of GBP0.01
The company is also seeking approval to change the company name to SHIELDTECH LTD.

The board of Base Group has announced that, pursuant to the terms of the Acquisition Agreement, subject to the satisfaction of a number of conditions, the company will acquire the entire issued share capital of SHIELDTECH LTD for the consideration of upto GBP19.5 million. The SHIELDTECH GROUP designs, manufactures and supplies body armour systems to provide the wearer prtection against firearms and stab threats.

It is the company's intention to admit the enlarged share capital to trading on the AIM. Subject to approval, dealings are expected to commence on AIM on the 16th JULY 2007

No application is being made for the deferred shares to be listed on the official list or admitted to trading on any stock market or securities exchange. these shares have extremely limited rights and benefits attached to them rendering them in effect, economically worthless. It is the company's intention, at the appropriate time, to cancel the deferred shares. These shares will therefore not be updated on to your account.

Unless you hold your shares in a sharebuilder account, no fractions of shares will be issued to shareholders, instead, they will be aggregated and sold for the benefit of the company.
Should you retain your holding in BASE GROUP, we will update you regarding the proposals when we receive further information from the company.





Aegis Engineering Ltd is a supplier of Personal Protective Equipment (PPE) and specialist operations equipment.

The company was formed in 1990 to provide a personal and quality service to Police and Special Force Units in the UK and around the world.

We pride ourselves on being able to provide our customers with a total service which encompasses the supply of well designed equipment delivered on time and manufactured to the most exacting standards possible under our ISO9001: 2000 accreditation.

The company is now the largest producer of body armour for Police and Special Force Units in the UK and is also active in other European and international markets.

Aegis Body Armour Systems have been developed directly in consultation with our many customers and they are designed to satisfy specific operational roles. We offer all of our clients a complete "Through-Life" management service for their PPE equipment.



EGM 12 July
Start of trading 16 July

[currypasty] 22/6/2007 13:28

anyway, ill do my best to get this baby going, probably mop up some shares on list, if existing holder bail... could be time for a new thread as well ?