Dmatek Ld Share Discussion Threads

[rivaldo] 20/3/2009 08:45

Certificates - what are they? :o))

Sighwatcher, from today's RNS:

"Shareholders of record when the Merger becomes effective will in due course be mailed certain forms and declarations together with instructions for their use as soon as possible after the Effective Time, and they will be entitled to claim their share of the Cash Consideration from the Paying Agent by completing such forms and returning them to the Paying Agent together with their share certificates or other evidence of ownership, as directed."

Shares to be suspended on 30th March then. Shouldn't be long for payemnt after that I'd assume.

[sightwatcher] 19/3/2009 16:37

Please can somebody have some idea when shareholders will be asked to send
certificates for payment according to the agreed bid.

[holts] 18/3/2009 08:16

I want it the other way round, dont think I'm going to be lucky though.

[elmfield] 17/3/2009 13:43

for my part I would like the gain to be taxed in 2009-2010 year. although getting the money soon would maybe be good as well!

[gerdmuller] 17/3/2009 13:30

I think funchalman is right but I do think they mean not less than 30 days. So I think it will be into April before any money comes through.

I would have thought the price would have been close to the 215 by now but no sign of that either.

Markets remain grim and I think anything that rises will soon fall back as profit takers move in.

Many decent companies now on PEs of around 5 or less. You may have to wait a long time for returns but buying at these levels should eventually pay off.

But then I look at the Japanese market.

[funchalman] 16/3/2009 15:23

well the egm said " not less" than 30 days for the israeli registrar to issue a merger certificate so that would be around the 26th/27th march at least.(lets hope they meant not more than 30 days).
they also said they would issue a timetable in due course.and prior to the egm they did say, they hoped to have everything settled by end of march.but until they issue the timetable its a case of wait and see.
as for the 203 sell today,thats not the first and probably not the last, some people have different priorities,myself i will wait for the full 215.

[littleweed] 16/3/2009 12:08

eh seems someone sold at 203. whats that about?

[elmfield] 16/3/2009 08:25

A cheque would be nice!
Anyone know the time table, think we get money next week? Is this right?

[holts] 03/3/2009 08:33

and still there is a very small turn to be made here , in these days of non existant interest this seems a very good deal.

[elmfield] 27/2/2009 15:14

Martin Bishop, head of pension rows at the Institute for Studies, said: "It's a fascinating dynamic. The politicians blame the bankers, the bankers blame the politicians, and the ordinary taxpayer is down on all fours with a confused look on his face, being stuffed at both ends."

I can think of plenty worse places to be than parked up here right now, ie rest of portfolio!!

[gerdmuller] 25/2/2009 16:58

Thanks Riv, always grateful for any ideas and will look at these. Although the way rcg has been rolling about ovre the past few weeks I am not sure I can take any more Chinese cos.

[rivaldo] 25/2/2009 16:11

Gerd, agreed about RCG. Have you looked at CHNS? Historic P/E of 2.7 at worst, about to issue massively "ahead of expectations" results, a "green" stock too and outlook is rosy for the next few years. Gearing is 53%, but interest cover is excellent, and they're paying at least a 5% divi on a 114p share price. GNG is excellent too as another Chinese stock.

Other boring small caps with loads of cash like DTK include MCGN and KBC. And VLE trades at 50% of its net cash without taking its profitable businesses into account, though this will probably require abnormal patience.

[elmfield] 25/2/2009 15:51

well, thta has been a boring place for my money for years but I bought in a lot over last twelve months so excellent result when you put it against the rest of the market, now what to do with all that cash????
lets keep thread open so we can compare notes?

[gerdmuller] 25/2/2009 15:47

Well, that is that.

Can now upgrade the tv with the proceeds. Old black and white looking a bit dated now.

Been buying a few sepu as price has been falling in last week or so.

Finally got into rcg a couple of weeks ago as price came down to 30s. Been talked about on here and still looks cheap after rise. But who knows in this market.

IMG and ARM are still great trading shares, made a lot on img in tech boom and still like trading this one.

[rivaldo] 25/2/2009 15:42

And there it is :o))

Champers out....

[holts] 25/2/2009 15:11

hopefully they are all on the beer in celebration, and too inebriated to reply

[elmfield] 25/2/2009 13:23

fired off an E mail asking when they would have the time to possibly let us know how things went, assume it is a done deal but would like confirmation!

[elmfield] 24/2/2009 22:29

holts, I agree.

[funchalman] 24/2/2009 19:22

well this is it folks,egm at 1100 and the two class meetings at 1200 israeli time,so should know the verdict from noon onwards uk time tomorrow.

regards to all

[holts] 23/2/2009 16:34

the form was badly phrased/produced , if the little guys really will make a difference they are in trouble.

[elmfield] 23/2/2009 14:29

i suppose thy still need the votes though?

[rivaldo] 23/2/2009 13:58

Amazing to still be able to buy at 202p with the takeover being such a certainty.

[elmfield] 23/2/2009 13:45

think I messed up my form, they have been onto me to get it changed so who knows how many votes are in!

[holts] 23/2/2009 12:19

postal votes had to be with regitrars by yesterday 3.00 pm , so I guess someone has taken a rough count already.

[gerdmuller] 23/2/2009 09:38

EGM on wednesday, anyone know the time? Buy price now rising though so it may not be worth bothering taking out any short term position on these.