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Celoxica Share Discussion Threads
Showing 76 to 93 of 100 messages
|Just wonder how many millions they managed to spend since the company delisted.
I know its only days,but they are special bunch of lovely and greatly respected people who are specialists in wasting money........LOL!!!|
|I did notice that bit about repositioning the company as a technology start-up. Truly unbelieveable.
Actually I suspect the main reason for delisting is dire H2 results. They dont want the embarrassment of having to publically release them. And then having to announce they are looking for further funding.|
|Congradulation to the lovely and well respected CXA management team!!!
At long last the management has done something meaningful.
For once they managed to achieve a goal they set out to achieve..........THEY SUCCEED IN DELIST THE COMPANY.............well done........LOL!!!
Did they hand out a guide line on how to save guard your certificates during the EGM? Your certificate was behind a £45m investment scheme, so take good care of them.Its worth as much as the paper its printed on.
Minimum security percaution: Insure it with a reputable insuer and lock it away in a safe deposit box with well trained arm guards.
Now the christmas party can begin.........what a good life!!!!.......LOL!!!!|
|After focusing all its energy and resouces on spending £45m in not so many years, the company is holding an EGM today to delist the company.
Quoted straight from the RNS:
"Following Cancellation (if so approved by the Shareholders) the Directors intend to reposition the Company as a technology start-up focusing on delivering solutions to the financial market. Cancellation will allow the Company to focus all its energy and resources on business development."
If it took £45m to get the company to "start up" stage..........ha ha ha............this is one hell of a LOL!!!
Of course, the company has learn from the £45m spending experience, it has now hired A girl from Harvard, guys from FT and Lloyds Registar to ease the pain of spending the next lots of millions. Its a real hard life........LOL!!!
There are roumour speculating that the company is targeting to hire George Bush and Co...........destined to be one hell of a company!!!!
Keep on coming across the abbreviation AC, what does it stand for?
Accelerating Closure? The sad thing is you don't even get to hear about it if that happens,no more RNS after delisting........LOL!!!
May be, just may be they got the wrong RNS sent out.......LOL!!!
They didn't really mean to say they know of no reason for the share price drop,may be they have darfted up the following RNS and sent out the worng one.
The correct RNS should be:
"We know of no reason for the delising"
Ha ha ha ...........£45m........£45m..........£45m..........why bother with AC,
if they spent £45m to buy a super computer, who will need AC?
The company doesn't has a clue when it will turn in a profit, even if it does eventually, how many long years it will take just to recoup the milions and millions and millions of shareholders money.........LOL!!!|
|Hot news is that the company is recruiting some more high flying executives, to carry on the good work.
Mr Madoff is hotly rumored to be waiting in the Isles for the Financial Controllers job (if he is allowed to leave his apartment), and Mr Gordon Prudence-Brown wants a deffered position as the new CEO if he loses his current post (saving the world).
£45M that's nothing to these guy's, they could soon show the existing management a few new tricks. Then we would soon realise just how good the current team are. LOL!|
|Wow, i didn't know they have burned £30m before lisitng......wasted £45m all together.........may be they want to go through the same process agian, burn another £45m after delisting........NO wonder George B may be interested to be the next "President" of the privatised company, shoes ready guys,................Ha ha ha....................what a LOL!!!!!|
|Yes theyve lost £13M since listing but they had already burned through £30M as a private company. The company has been run by clueless people with no idea.
Remember this scandalous "we know of no reason for the share price fall" RNS.
Thats when the share price was 12p. The FSA should actually investigate them over that because its so blatantly idiotic.|
|Wow, share price drops 17% out of a blue.
Worrying time ahead? MM knows something bad is going to happen to this great company? May be investors are worried about the rumour that George Bush will be the next executive director for the company.
It will be fun to throw shoes at him (and others) in the next EGM.........LOL!!!|
|Is he Mr yes yes or he is actually Mr no no?
The answer is in the share chart.........LOL!!!
Share price was at 40.7p near end 2005, fell to current price 0.3p and looks like soon be delisted..........so he is neither Mr yes yes nor Mr no no, he is the incredible Mr fall fall.........LOL!!! Someone who is extremely lovely and of course best respected for the company performance........LOL!!!|
|Fund raised and spent since stock float:
27 oct 05........ £5.3m
9 Jan 07........ £3.6m
9 oct 07........ £0.66m
18 dec 08..........$3.0m (cash for selling ESL business)
29 apr 08..........£2.9m
After spending all the money raised,Mryesyes proudly said " We have been able to secure new funding arrangements consequent upon delist and this funding will permit us to incentivise all of our very highly respected lovely staff, do you know that one new girl is from Harvard another worked on the FT and a third is a DIRECTOR of Lloyds Register who has explained how over FIFTEEN YEARS he brought millions into his Aberdeen office."
Mryesyes also said "Yes the intention is to delist but your certificates are not valueless.I'm keeping my cert" - Very wise advice. So take good care of your certs folks,keep them safely lock away in your high security safe deposit box, they will worth a fortune one day..........LOL!!!
The value of the share certificate will rocket when the company manages to raise more fund to further incentivise its lovely and highy respected staff;hire another new girl from Harvard,few more guys from FT and directors from Lloyds Register. Oh, almost forget this nice bit - some of their staff may become sick or reach the good old age of 45.......need I say more? LOL!!!
How much new fund was raised?
Sorry,we are not a listed company,no need to tell anyone.
What percentage of the company does the old shareholder has after dilution?
Sorry,can't tell you, we are not listed.
What is the company going to do with the new fund?
Oh, I am glad you ask.........our lovely highly incentivised staff will SPEND SPEND SPEND SPEND SPEND..........to make us more lovely and more respected.........LOL!!!!|
I absolutely agree,if past performance was anything to go by,all staff are highly motivated and qualified to spend investors money......LOL!!! Just tell us how the company wasted millions and millions of investors money since it floated on the stock market. More money to incentivise the highly respected staff? What have they achieved to gain their respect? Send out a survey to the shareholders and see how many will say they are doing a good job.....respect for poor perfomers? - this is the funniest comment I ever heard.......LOL!!!!
If a company is doing well, it doesn't need to raise money "condition on delisting".
If you think the company will do well and the share will go up in the future, why don't you make an open offer to buy up the shares from any shareholders who disagree with you, for say 1pps.
So the company's excuse for doing a bad job was that they had a lot of old and sick staff.......but why hired them in the first place if they were not good enough?
I find your comments generously entertaining, please tell more.......LOL!!!|
|Yes the intention is to delist but your certificates are not valueless.
We have been able to secure new funding arrangements consequent upon delist
and this funding will permit us to incentivise all of our very highly respected lovely staff, do you know that one new girl is from Harvard another worked on the FT and a third is a DIRECTOR of Lloyds Register who has explained how over FIFTEEN YEARS he brought millions into his Aberdeen office.
Redubudancies of some staff took place before the delist but a lot of these had been sick and were of ages like 45-48 etc
Onwards and upwards, I'm keeping my cert and not being over generous with my teams rises in basics|
|Going under ground, hide behind close doors.
Delist to save money to pay for staff bonus and Christmas party bills?
Shareholders now know exactly what AC stands for - accelerating closure.
|The problem with all these high tech companies are that they simply spending too much money on keeping a bunch of exceesively paid and over egolistic executives,sales persons and techies,compliments of stupid shareholders/investors.
All these companies should pay their staff minimum wage plus a shares bonus if the company performs. If the companies are successful, they share the profits, otherwise, they share the losses if the company goes down the pan.
If they think their product ideas are leading edge,their busienss accument is spot on, and they have the ability to successfully commercialise the product, why don't they also risk thier money where their believe is?
The bottom line is they know deep down that they are not as good as they all pretend to be and their chances of success are slim, so they just live thier luxuries on shareholders expense while they can.......LOL!!!
Will company like CXA become the next NNG, you guess is as good as mine......LOL!!!|
|Agree CXA doesnt look like an investment at this price. Clearspeed (CSD) looks far better value in this sector. Market cap is £7.2M versus net cash of £20M as at last results. Heavy buying by chairman Richard Farleigh.|
|After the sharp share price fall to 1.25pps, this baby still has a shocking £3.5m price tag on it.........LOL!!!
Unless the company wave its magic wane to pull in some money making deals, bagging bowl is coming your way soon, when that happens, the company will be lucky to get 0.1pps for the new shares.........LOL!!!|
This is beyond believe, someone just bought shares at 3.5p, he valued the company at £9.5m.|