Centrom Share Discussion Threads

[iroquoi] 07/5/2009 12:22

I agree this is getting curiouser and curiouser

[2magpies] 07/5/2009 12:16

Oo er .. MMs are now offering stock at more than 8.5x the Maymask bid!!

What IS going ON??

[2magpies] 07/5/2009 08:40

Checked this morning: Maymask (or ANYONE connected with them) CANNOT buy in the market @ more than 0.00023

It is illegal.

So, whoever is buying, it's not Maymask (better not be, for their sakes)

The question is: who IS buying? @ 6x the Maymask offer?

Another question: why are MMs prepared to pay more than 2x the Maymask offer?

Curiouser and curiouser....

[englishbeakfast] 06/5/2009 20:51

I AM KEEPING MY JUST UNDER 500,000 SHARES. I HAVE NO INTENTION OF ASSISTING THE INDIVIDUALS IN QUESTION UNLESS THEY START TO ACT IN THE INTERESTS OF SHAREHOLDERS AND I HOPE OTHERS DO LIKEWISE.

I have recouped the paper loss on CET several times over on other investments over the last few weeks and intend making another few grand this month on FML !

[2magpies] 06/5/2009 18:46

They are desperate to get to 90%

I haven't sold any of mine.

MMs are now selling (to Maymask?) @ 15, i.e 6.52x the Maymask offer to shareholders.

Why should I sell to MMs at 5, only for them to sell to Maymask @ 15?

Remember, they CANNOT force you to sell your shares if the total acceptances don't reach 90%

Maymask offered £50k for the whole co. Now if the Newco makes a profit of £500k (which is not impossible), well you can do the sums, re what could happen to your shares.

All strictly IMO

[iroquoi] 06/5/2009 18:26

Goodman backmarker. Way I see this is GM and chums are buying up stock, mm's now getting low so up a bit it goes.

[backmarker] 06/5/2009 16:13

ok. I've still got my few. worth £15 from Maymask or £25 less dealing chg in the market. so I'm happy to hold out just to be a potential pain in their neck!

[2magpies] 06/5/2009 15:06

backmarker

They have enough acceptances for the offer to go unconditional.

However it's not until they have 90% or more (I think they are some way off that at the mo), they can purchase the remaining shares compulsorily.

Otherwise, we remain shareholders but of a private co. (which imo could yet go places! -- there has to be a reason why Maymask are buying CET AND safeguarding all the jobs etc).

Could be that Maymask are buying in the market.

[backmarker] 06/5/2009 14:13

haven't they got enough acceptances that they don't need any more ? isn't that what it means when an offer goes unconditional ?

[garykc] 06/5/2009 13:48

My point exactly earlier andrbea. Why don't we all just sell now or am I missing something?

[andrbea] 06/5/2009 13:08

how do they expect us to vote yes to a sell-out at 0.023p?
when a sell in the market today is 0.05p

either the whole sale is a farce or they should up the formal offer to say 0.06?

[garykc] 06/5/2009 12:42

backmarker, the mammoth offer of 0.2p or whatever the tw@ts have robbed us of. Obviously the sell price would have to be higher but if we all sold now, what would happen?

[backmarker] 06/5/2009 11:50

strange antics !?!

a buy of 507,989 at 0.095p has been matched by a sell at 0.05p

has someone goofed ?

[backmarker] 06/5/2009 11:45

garykc,

what offer are u expecting?

[garykc] 06/5/2009 11:38

Do we sell now with the latest rise or do we wait for the offer?

[jumpin] 01/5/2009 17:27

TLFBRT and cronies... that's all they are good for.... wrecking companies after they have bled it dry with massive salaries and perks and left shareholders with nothing.

[iroquoi] 01/5/2009 15:53

I can only conclude they don't give a monkeys about small PI's. It really is a case of covering their inapt a$$es and making sure they continue pulling in their large salaries.

[induna123] 01/5/2009 15:49

Why couldn't the CET board be more like these guys at CTNO.



This is the sort of RNS we wanted. Instead we got shafted by a bunch of thieves and conmen.

[debaleb] 29/4/2009 13:25

Same crooks strike again, have these chunts no shame!??

What a stitch up.

[voyagermk] 29/4/2009 12:22

Thanks guys. Looks like my broker couldn't do his maths......

[garykc] 29/4/2009 12:21

Has anyone contacted the FSA or any other organisation to complain about this? I suppose we have no grounds to complain as they are within the rules of the AIM. Total shambles!!!!

[coincall] 29/4/2009 12:05

Voyager,

Go to news in the Advfn header at the top of the bb page - see 13.03.09...

The Offer is 0.023 pence in cash for every 1 (one) Centrom Share

snap V11

[v11slr] 29/4/2009 12:04

13 March 2009

This announcement is not for release, publication or distribution in
or into any jurisdiction if to do so would constitute a violation of
the relevant laws of such jurisdiction.

RECOMMENDED CASH OFFER FOR CENTROM GROUP PLC

BY

MAYMASK (15) LIMITED

SUMMARY


* On 15 January 2009, the Centrom Board announced that it was in
discussions which may or may not lead to an offer being made for
Centrom. The Centrom Board and the Maymask Board are pleased to
announce that they have reached agreement on the terms of a
recommended cash offer to be made by Maymask for the entire
issued and to be issued share capital of Centrom.



* The Offer is 0.023 pence in cash for every 1 (one) Centrom Share.



* The Offer values the entire issued and to be issued share capital
of Centrom at approximately GBP50,000.

[voyagermk] 29/4/2009 12:00

I am totally confused. What is the offer? Is my broker having me on by saying it is 2.3 pence a share rather then .23 of 1p?