Bidtimes Share Discussion Threads

[topvest] 27/3/2007 21:45

Look at the share price graph - 8p to 1p perfect diagonal chart..very impressive!

[lbo] 27/3/2007 17:15

better to email me tonight as wont be at the computer all the time

[latestarter] 27/3/2007 11:04

ok will try it tonight if you want to remove it

[lbo] 27/3/2007 09:31

edited post

[latestarter] 26/3/2007 17:10

would need to have a chat off line

[lbo] 26/3/2007 15:12

No, have you? I agree its about time somebody did something constructive with Bidtimes. There is plenty of companies looking to list on AIM and I cant believe they cant find a good deal. Hopefully the new arrivals on the share register have a plan.

[latestarter] 26/3/2007 07:51

I think wickes holds 15% he tx them to dawnay day, anyone buying shares has to be good, but it would seem to me the next logical step is fresh blood at the top, have you called RS?

[lbo] 25/3/2007 18:36

I saw Mr Fitzpatrick buying shares in his own name a while back and in the name of Ocean Park developments when the price was much higher.


What do you think of Mark Clare buying shares?

[latestarter] 23/3/2007 20:27

i understand the transfer is to dawnay day but the beneficial holder is wickes, its no different to you tx stock to a broker and they then declare the holding
it is a shame he chose to float instead of doing something here, something has to happen soon, it will be interesting to see what happens to the stock under the CVA of MRD that 7.5 % has to find a new home, will RS buy it back under the promisery note for 165k? or someone bid for the stock.
wonder why given the boards connection with wickes they have chosen not to invest in his start up? sour grapes because he knows how to make money perhaps, i dare say as usual PI 's here will sit by and allow it to drift into suspension again.
why has the non exec with only 2% not been into the market as a vote of confidence, there is stock out there, have you petitioned the board about what is going on, why has the 3rd property not been sold, you only need 10% to call an EGM to start getting some answers, given it any thought?

[lbo] 23/3/2007 17:21

I think I found your Barrie Bluck!

"Barrie Bluck, senior stockbroker of Redmayne Bentley"

[lbo] 23/3/2007 16:48

All sorts of activity on the shareholder register! I see Bidtimes is now being called a "property company". Barclays Stockbrokers Limited have 6.59%, I presume on behalf of retail investors.

It that Mark Clare of Barrats Developments? Did Bidtimes not buy the showhomes from them and Barrrats leased them back?

[latestarter] 23/3/2007 15:27

lol, someone with a sense of humour given that trade :-)

[lbo] 19/3/2007 13:52

No I am not B Bluck just a follower waiting for a reverse takeover

[lbo] 10/2/2007 00:21

Innobox up 20% today and SRS Technology up 27%. Seems to be great activity on the SGY bulletin board!

I wonder were any of the share sales in SGY today belonging to Bidtimes? Could the reverse takover be on the way.


Investing Strategy


Following the Disposal and the Capital Reorganisation, the directors of
Bidtimes believe that the Company could be attractive to a number of potential
targets/investments.
The Bidtimes directors intend to seek to acquire another company or business in
exchange for the issue of ordinary shares in the Company in a single
transaction (a "reverse takeover"). The Bidtimes directors' main investment
criteria are: - * the Leisure and Entertainment sector within the UK, Europe or North
America; and

* businesses whose growth prospects, if achieved, will be earnings enhancing
for shareholders of the Company.
However, these criteria are not intended to be exhaustive and the Company may
make an investment which does not fulfil all the investment criteria if they
believe it is in the interests of shareholders of the Company as a whole to
proceed with such an investment. Any acquisition of the Company will be put to
Bidtimes shareholders for their approval at the appropriate time.

[lbo] 07/2/2007 15:19

No real trades going through at all. I would like to see a reverse takeover soon
when all the rubbish is cleared. The aim listing alone must be worth £500k

They will have £100,000 in cash after all the properties have now been sold and repaying all creditors/loans. They had debtors of 60k.

They hold 1,690,200 shares (2.62%) (5k) in SRS Technology Group Plc (SGY) another cash Shell which may be undergoing some corporate activity too. A Mr Terence Brown and Mr Gunn is buying shares in them. They have a Mkt Cap of about £350k and have cash of £450k.

They also own 1,880,000 shares of Innobox (9k)

They also have a 2.84% stake in Blue Chip Casinos.



"Originally the board intended to bring the company to the AIM market but due to the depressed state of the stockmarket they then proceeded to raise privately £8.5 million to fund the launch of Blue Chip Casinos.Isle of Capri, a large US casino operator has invested in Blue Chip and is the first US operator to gain certification from the UK gaming authorities." In 2003 Isle of Capri bought 75% of Blue Chip Casinos for £5m which would value Bidtimes 2.84% at £189k (cost £74k) but was only valued at 50k in the interims "as per the latest published accounts for Blue Chip Casinos Plc, being those at 30 April 2005"

Isle of Capri is the first overseas operator to have been granted (on 23rdOctober 2003) UK operating consent by the Gaming Board of Great Britain, having secured a GamingBoard Certificate of Consent Blue Chip Casinos Plc (a Midlands-based casino group which operatescasinos in Dudley, Walsall and Wolverhampton), as part of Isle of Capri's 2003 acquisition of a majority equity stake in Blue Chip.



Blue Chip have 2% of the UK Casino Market share

"U.K. gaming landscape is undergoing major transformation with the introduction of new gaming regulations and allocation of 17 new casino licences next year, including one Las Vegas-style supercasino. As a result, Britain is set to be one of the world's fastest-growing casino markets"


Takeovers
The opening-up of Britain's casino market has prompted foreign takeovers of U.K. companies. Genting Bhd. of Malaysia last year took control of Stanley Leisure Plc, the biggest U.K. casino-operator, while Harrah's Entertainment Inc., the world's largest casino company, bought London Clubs International Plc for about $570 million.

The Casino Advisory Panel recommended locations for eight large and eight small casinos. Great Yarmouth, Kingston-upon- Hull, Leeds, Middlesbrough, Milton Keynes, Newham, Solihull and Southampton were selected as sites for the large casinos, which can have a floor space of up to 3,999 square meters, of which between 1,500 and 3,499 can be gaming tables.

[topvest] 05/2/2007 21:56

Nice share price graph above! What does Meriden, Bidtimes and Innobox all have in common apart from a share price tunnelling to zero?

[jonaston] 05/2/2007 08:07

non. get out of this before you loose all ya cash

[leytonorient] 23/1/2007 21:55

how much cash is left?

[lbo] 01/12/2006 15:37

They could go down the Private equity route!


London 'may lose hedge fund listings'
Private equity groups and hedge funds are calling on the Financial Services Authority to accelerate changes to the listing rules currently being reviewed by the City regulator.

At the moment private equity groups and hedge funds are unable to list vehicles on the London Stock Exchange because the listing rules are too stringent.

But under changes being consulted on by the FSA as part of its review of the European Union's Transparency Directive, such listings would become possible.

Any changes, however, would not come into effect until the end of next year at the earliest and the industry is warning that the London market could lose out on some significant flotations being contemplated by hedge funds and private equity groups if the changes are not brought forward.

One adviser to the industry said: "I have a number of hedge fund clients who have been waiting for the January deadline but would not wait for the end of the year. They will instead consider listing before this period in Amsterdam."

A number of private equity groups have in recent months chosen to list vehicles in the Netherlands. In April Kohlberg Kravis Roberts, the US private equity giant, listed a $5bn fund in Amsterdam.

More recently, Apollo, another private equity company, floated a $2bn fund on Amsterdam's Euronext exchange.

Private equity vehicles currently choose to list on the Alternative Investment Market, London's junior exchange, and in Continental cities such as Amsterdam because of the less stringent rules governing disclosure and control of the underlying investments.

"The FSA needs to decide between competing policies of keeping London open to investment and a tight quality control threshold," said Peter Linthwaite, the chairman of the British Venture Capital Association.

"At the moment the FSA has an open mind about the topic rather than a conclusion."

-The Telegraph-

[lbo] 01/12/2006 15:09

I presume you mean Meriden not Merde???. Its others now who will pull the strings here. Reverse takeovers should be on the way for BDT and SGY.

Out with old and in with the new! (Another SR Pharma (SPA) would be ideal here)

LONDON (AFX) - Investment company SRS Technology Group PLC said it is
seeking new business opportunities and plans an acquisition preferably in the
form of a reverse takeover.

The company said it is searching for an acquisition, preferably through
reverse takeover, in sectors such as healthcare, natural resources, telecoms,
financial or environmental

[hugepants] 23/11/2006 16:04

Is this another Russell Stevens disaster? Merde Group (MRD) is another one. Hes busy dumping 10s of millions of his shares on the market while his company heads towards administration. Hes not really one for telling shareholders bad news until hes bailed out. The only thing Mr Stevens seems to be good at is completely wiping out shareholder value. He has a genuine gift for this.

[lbo] 23/11/2006 15:30

The FT yesterday

Aim vs main market

Aim's lighter regulatory touch – for example, regarding shareholder approval for acquisitions – provides more flexibility and lower costs in the long-run for smaller companies. Alternative assets of all types are in vogue. Aim accounts for just 4 per cent of London's market cap, but 15 per cent of equity issuance since the start of 2001, according to Dealogic

Aim's regulatory regime and location remain powerful draws, particularly for foreign companies, which issued over 40 per cent of new equity raised this year, up from 3 per cent in 2001