ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

TCT Cayenne Tst

157.50
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Cayenne Tst TCT London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 157.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
157.50 157.50
more quote information »

Cayenne Trust TCT Dividends History

No dividends issued between 23 Apr 2014 and 23 Apr 2024

Top Dividend Posts

Top Posts
Posted at 28/6/2013 08:09 by lucky_punter
UPDATE - Sirius Minerals milestone as it signs off-take deal with the Chinese
By Ian Lyall June 27 2013, 12:23pm

Fertilizers are the key to Chinese agriculture, which is having to support a fast expanding population.Fertilizers are the key to Chinese agriculture, which is having to support a fast expanding population.
---ADDS SHARE PRICE AND BROKER COMMENTS---

Sirius Minerals (LON:SXX) said it has signed a one-million tonne a year off-take agreement for polyhalite produced at its York Potash project.
The 10-year deal, starting 2017, is with the Yunnan TCT Yong-Zhe Company (TCT) of China.
Posted at 17/1/2002 00:52 by mike the mechanic
Appointment of Administrator
Disposal of Assets



TCT International plc ("the Group" or "TCTi") today announces the appointment of I. J. Allan and M. F. Stevenson of Smith and Williamson as joint
administrators to the Group. The appointment follows an Order made at the
High Court of Justice this morning.


The move follows the collapse in late December of a potential fund raising when one of the key investors withdrew. TCTi shares were suspended on 28th December 2001 whilst the directors worked with the Group's advisors to clarify its financial position.


The administrators have accepted an offer to acquire the Group's business and assets as a going concern from a new company headed by Chris Lane, the former Chief Executive, for a consideration of #136,000 and would expect to complete the sale in the immediate future. The new company will also assume a number of liabilities, customer commitments and continue to employ the current professional staff. Whilst this deal should ensure a distribution to the Group's unsecured creditors in due course, there will be no funds available for shareholders.


So now we know why Lane resigned yesterday.
I wonder how hard he worked at finding a buyer. Still I, for one, wouldn't have contributed another penny to TCTi.

Mike
Posted at 16/1/2002 13:57 by britishbear
What a total con. The chart on TCT is astonishing - what a waste of shareholders money. That is the risk but some will lose a lot. Very disappointed - other shares may follow suit. Directors wait for suspension before announcing an buyout and not before so they get it much much cheaper. Con.
Posted at 15/1/2002 13:01 by rangers99
I believe there are only 2 employees now at TCT - the tea-lady Gertrude and the company cat, Henry. No doubt they'll do a better job than those chancers, Lane and Taunt.
Posted at 15/1/2002 10:38 by zho
TCT International PLC
15 January 2002



TCT International
Board Changes

TCT International announces the resignation of Chris Lane and Nigel Taunt as
directors of the Company with immediate effect.

15 January 2002
Posted at 02/1/2002 16:52 by lnguntupalli
what happend to TCT , gone bust? could any one shed some light!!!
Posted at 30/11/2001 18:34 by tyranosaurus
Large shareholders at 31/5/01 as follows:

Jupiter Asset Management 26,038,200
R Farleigh 19,600,000
G Fowler 4,188,970
C P Flockhart 4,175,625

Warning for would-be buyers of TCT.
Accounts to 4/4/01 show turnover of £290k exceeded by directors remuneration of £295k.
Posted at 29/11/2001 12:30 by a.fewbob
Pinched this from iii board. Nothing new but still good to see TCT getting some media.

I was at the gym last night (just before I got knocked off my motorbike) watching the Meridian evening news (with subtitles so the facts here may not be 100%) at about 6.20. They have a weekly thing about technology in the region and I suddeny saw a spinning 3d rendition of a face and I thought 'hold up ' that looks like 3d-md (or whatever it's called). Sure enough it was a feature about tumour treatment at the Royal South Hants hospital. They mentioned that this was new technology being developed by 3d-md, and showed the procedure of scanning and producing a perfect plastic mask of the patients face without the need to touch them. The doc being interviewed seemed very positive about the advantages of the system. At the end of the piece it said that if this 'trial' was successful, it could lead to the technology being adopted nationwide. The whole piece was probably a couple of minutes.

Can't do any harm for the cause anyway!

Jason
Posted at 11/9/2001 19:11 by zho
TCT International PLC
10 September 2001

TCT International Plc ('TCTi') 10 September 2001

Restructuring of Operations

In the AGM statement issued last week, the Board stated that the Directors and
their advisors were reviewing a number of options to ensure the continuation
of the business. Whilst the board is in discussions with a number of parties
in respect of either a re-financing or disposals, the Board believes, in light
of the current turbulent financial markets, that more time is required to
complete any transaction.

As a result the Board has therefore decided to down size the company in order
to best protect the value of TCT's intellectual property, while continuing to
support existing customers and work towards building strategic alliances.
Regretfully the Board has today issued redundancy notices to the majority of
the workforce, leaving a core team of nine people who will continue to build
on the opportunities developed over the last twelve months.

The Group will continue to keep shareholders informed of developments as soon
as is possible.

- ENDS -
+++++++++++++++++++++





TCT International PLC
10 September 2001

TCT International Plc ('TCTi') 10 September 2001

Board Changes


As part of the reduction of salaries occurring under the restructuring of
operations announced earlier today, Nigel Taunt will be stepping down from his
role as Finance Director of TCTi. However, the Board is pleased to announce
that Nigel will remain on the board of TCTi as a non-executive director, and
that the group will therefore continue to benefit from his extensive
experience and capabilities (yes, it really does say this) through this crucial period.

- ENDS -
Posted at 08/9/2001 09:04 by zho
Hi Fewbob,

Long time no speak. Hope you're well.

I'm not really keeping an eye on events - I'm just on TCT's mailing list - and I hadn't even spotted the sentence on a trade sale.

What do I think of recent events? Well, you read my posts on iii 6 months back. I think that Chris Lane is venal, Nigel Taunt is incompetent, and that the non-execs should have left months ago after so spectacularly failing to protect shareholders' interests:

Voting a 70% pay increase to a man with Chris Lane's record of failure and then rescinding it in favour of a grant of 5m options was curious to say the least. But tying a shareholder vote to approve grant of options to one expanding the share capital (therefore enabling continuance of the business) was just jaw-droppingly iniquitous.

I presume that they've resigned now either because i) they know the Company's going bust and don't want their CVs sullied, or because ii) they've dared to challenge Chris Lane's blinkered megalomania (cf. previous key board members Guy Fowler, Charles Bunker, Anne Glover, Sir Richard Needham).

These directors were people of vision, intelligence and probity, and plenty of other good people have left TCT in the last 2 years. Even the COO was allegedly touting his CV around 3 months ago, although his name is still on the web site.

What do they mean by a trade sale? Hmm. Well .. a couple of years ago they had good relationships with a number of large medical imaging companies but unfortunately Chris Lane has blown all these out, sometimes in an unfeasibly arrogant manner, er, allegedly. Any of these could afford TCT out of loose change but some have now got alternative (although far more expensive) solutions to their problems (e.g. GE Medical are marketing a dual head scanner. TCT's multi modal fusion could have been used to effect the same outcome of registering MRI and PET scans, but at far less cost).

A year or so ago, there were persistent, plausible and highly-placed rumours in the City that the Company wanted the share price lower in order to dilute the interests of founding shareholders, wrongly perceived to be potentially troublesome. If this were true then the strategy would seem to have backfired rather badly ... except that Chris Lane has allegedly boasted about taking 3Q private through a vehicle in which his own stake would be disguised.

All hearsay and unverified rumour, of course.

Hope your other investments are performing rather better ;)

Ted

Your Recent History

Delayed Upgrade Clock