Share Name Share Symbol Market Type Share ISIN Share Description
Big Sofa Tech LSE:BST London Ordinary Share GB00BZ1B7619 ORD 3P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 22.875p 22.50p 23.25p 22.875p 22.25p 22.25p 127,866.00 09:26:30
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services - - - - 12.98

Big Sofa Tech Share Discussion Threads

Showing 101 to 117 of 125 messages
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DateSubjectAuthorDiscuss
14/1/2017
13:11
Subsequent events New World Oil and Gas plc, a company registered in Jersey (registration number 105517), provided Big Sofa a loan facility of £675,000 as part of an intended acquisition of Big Sofa. £250,000 of the facility was drawn on 9 May 2016, £250,000 was drawn on 19 July 2016, £100,000 was drawn on 1 September 2016 and the remaining £75,000 was drawn on 20 October 2016. The loan had a coupon rate of 6% and was secured by way of debenture on Big Sofa’s assets. The acquisition did not materialise, and subsequently the loan was restructured into a convertible loan. The new convertible loan carries a coupon rate of 5% per annum and is to be converted into shares in the Company at the lower of a) the issue price of £0.17 or b) the lowest price at which new ordinary shares may be issued by the Company as part of any fundraising conducted between the date of Admission and 31 December 2018 at the election of New World Oil and Gas plc any time until 31 December 2018. On 31 October 2016 Big Sofa received a loan of £100,000 from the Company as part of the latter’s commitment to the acquisition of Big Sofa. The loan is secured by a first personal guarantee by Adam Reynolds, a director of the Company, and a second personal guarantee by Nicholas Mustoe who is proposed to become a director of the Company following the acquisition of Big Sofa. An interest of 5% per annum is accrued on the loan on a daily basis. Should the acquisition not materialise, the loan and interest will be repayable in full on 31 January 2017. This would have gone bust in January if it didnt float The £5m will rapidly dwindle once these and other director loans are repaid As every month goes by, this is heading to oblivion
larva
14/1/2017
09:31
Interesting week coming up if Adam Reynolds is to meet the Jersey regulator's requirement for an NWOG EGM by 10 February. The new articles say 21 days notice is required. Can't imagine that Big Sofa won't get a mention.
gheebee
14/1/2017
07:36
http://www.investegate.co.uk/big-sofa-tech--grp---bst-/rns/holding-s--in-company/201701111430019339T/ looks like there is 1.59m shares or £300,000 of stock ready to hit the market. Ouch. Wouldnt want to be holding this on the next results for sure.
opodio
14/1/2017
07:11
stinks tbh this is also overhang 8.20 Subsequent events New World Oil and Gas plc, a company registered in Jersey (registration number 105517), provided Big Sofa a loan facility of £675,000 as part of an intended acquisition of Big Sofa. £250,000 of the facility was drawn on 9 May 2016, £250,000 was drawn on 19 July 2016, £100,000 was drawn on 1 September 2016 and the remaining £75,000 was drawn on 20 October 2016. The loan had a coupon rate of 6% and was secured by way of debenture on Big Sofa’s assets. The acquisition did not materialise, and subsequently the loan was restructured into a convertible loan. The new convertible loan carries a coupon rate of 5% per annum and is to be converted into shares in the Company at the lower of a) the issue price of £0.17 or b) the lowest price at which new ordinary shares may be issued by the Company as part of any fundraising conducted between the date of Admission and 31 December 2018 at the election of New World Oil and Gas plc any time until 31 December 2018 Aim cesspit for sure
llandudnochartist
14/1/2017
07:05
Also look in the admission document his shares may be locked in for 12 months.
aggieuk
14/1/2017
07:03
And????'The events happened some years ago and concern what was then an investment company on ISDX - Hubco. These days that is on AIM and known as Big Sofa (BST) and there is no suggestion of any wrongdoing by anyone currently involved.'
aggieuk
13/1/2017
21:22
In a ruling handed out on December 21 but published today the Takeover Panel has handed out the most severe sentence in its history to City grandee and veteran financier Bob Morton and also branded him a liar for the way he tried to cover up his actions. This is the fourth time Moron has been found wanting by the Panel and that offset concerns about the poor health of the 78 year old Jersey resident who the panel admits is in the "twilight of his business career". The events happened some years ago and concern what was then an investment company on ISDX - Hubco. These days that is on AIM and known as Big Sofa (BST) and there is no suggestion of any wrongdoing by anyone currently involved. In essence Morton controlled vehicles took their combined holdings over 30% but in order to avoid a mandatory offer, when this was discovered, Morton created a fiction that one purchase had been made by a friend of his son, a Mr John Garner. Mr Mortin then bought shares in Mr Garner's company from him so he was not out of pocket. What appears to have enraged the Panel is not so much the offence by the way that Morton repeatedly lied to cover it up. The judgement goes into great detail on what he did and even covers expletive ridden - almost comical - calls involving Morton. The punishment, the most severe in the history of the Panel is a six year "cold shoulder" The Panel describes it thus: The most serious disciplinary power exercisable by the Takeover Panel is to cold-shoulder an offender by declaring the offender to be a person who in the opinion of the Panel is not likely to comply with the Code. Such a declaration triggers the consequence described in section 11(b)(v) of the Introduction to the Code, namely that, while the sanction remains effective, under the rules of the FCA and certain professional bodies, their members become obliged in certain circumstances not to act for the person in question in a transaction subject to the Code. The seriousness of this sanction is evident from the fact that it has only been used twice before during the Takeover Panel's history. - See more at: hxxp://www.shareprophets.com/views/26463/city-grandee-bob-morton-gets-most-serious-cold-shoulder-sanction-in-history-of-takeover-panel-branded-a-liar#sthash.fFavnaWO.dpuf
llandudnochartist
13/1/2017
16:42
LOL good call!
aggieuk
13/1/2017
16:23
Good call...repeat please ;-)
elrico
13/1/2017
15:14
share price down sharply
llandudnochartist
10/1/2017
16:21
So at Christmas "Honest" Bob Morton is a reason for buying Hubco (now named Big Sofa Tech) : hTTp://www.shareprophets.com/views/26155/shareprophets-share-tips-of-the-year-2017-no-6-buy-big-sofa-technologies-says-hotstockrockets : And today Morton is pilloried as a liar but nothing to do with the current crew of course : hTTp://www.shareprophets.com/views/26463/city-grandee-bob-morton-gets-most-serious-cold-shoulder-sanction-in-history-of-takeover-panel-branded-a-liar Except that Companies House has him as having significant control at BST Group from 16 April 2016 and still does as of today. hTTps://beta.companieshouse.gov.uk/company/07847321/persons-with-significant-control
gheebee
09/1/2017
16:05
Oh no tin foil hat boys are out in force again! LOL
aggieuk
09/1/2017
15:24
Brave Bison is a video producer - that is different What is the big player that you refer to? You dismiss the technology of video analytics - why? Can you please be more specific on the customers that are no more?
affemoose
09/1/2017
13:36
You appear to have made an early start on the Stella record yourself.
gheebee
09/1/2017
13:28
I see the TW trolls are out today. Which fraud did you two clowns own and refused to listen to TW sell advice? Sometimes you just have to look into the future and see if there is space for a new way of doing business and take a punt. You call some right, some wrong - But I guess you two have a stella record right up there with WB. Leeds36 - how many LUFC share did you buy when they were listed? ;-)
elrico
09/1/2017
11:50
Ah, see what you mean. Rubbish but promotable to optimistic PIs. Reynolds did the same at ORE, Concepta is a China punt, Premitha turned out to be unoriginal and OPTI was overvalued. I sense a pattern. Perhaps they just play on good old human weakness? Or is there something darker to come out?
gheebee
09/1/2017
10:36
Hard not to agree. TW pushed this with the minimum of commitment he could get away with being up AR's backside. Notice how there have been no contract announcements and no follow up articles. This loss making niche company with a CEO owner who previously failed as a public CEO and a crew of substandard software engineers are looking to jobbing salespeople to help them break into the US market. Some chance.
gheebee
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