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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Financial Dev | LSE:FDC | London | Ordinary Share | GB00B020KB82 | ORD 0.1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
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|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
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| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | 0 | GBX |
Financial Dev (FDC) Share Charts1 Year Financial Dev Chart |
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1 Month Financial Dev Chart |
Intraday Financial Dev Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 10/2/2005 | 00:06 | Financial Development Corp Staggers to the Start Line | 285 |
| 30/8/2004 | 19:28 | FDC 100 % RISE NEXT WEEK | 1 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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| Top Posts |
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Posted at 05/2/2005 17:00 by golferscoop2 Very interesting Simon and thanks for sharing your thoughts.You obviously seem to place great faith in the opinions of your 'friend' and make a reasoned case why you/he feel a short position makes sense. But what does he know that the fund managers of Morgan Stanley Securities, Cantor Fitzgerald, Man Financial, Gartmore etc. don't? And what relevance does Terry Ramsden have to FDC/Firstafrica (all one word!) Oil? Wasn't he shown the door last October? Why implicitly slander the current board by writing as though it's still Ramsden's baby? And what on earth prompted you to buy 500,000 shares in a stock you thought was Ramsdens and then write the following?? "Simon Cawkwell, who adds: WELL, THERE YOU HAVE IT. I also add that I am a huge fan of anybody (in this case T.Ramsden) who has put £1m on a bet on a racehorse. But I don't have to buy his stock." Curiouser and curiouser......... |
Posted at 04/2/2005 09:28 by simon cawkwell Gentlemen,I pass on the following opinion given to me. I sold 500,000 at 12.25p on 3rd February: "I draw your attention to FDC (Financial Development Corporation) formerly known as Hansard and about to be known as First Africa Oil as of 8th February. Hansard was one of the T Ramsden summer ramps 30p to 140p and back in a month(look at the chart). It had a 1 for 10 reverse consolidation. So at 13p is now back to near all time highs. On Tuesday, 8th February, Energem (Toronto symbol ENM mcap £117mn) is reversing some of its African exploration assets into FDC for 51% of the enlarged company in new shares. The deal was done at a nominal 3.5p. There will be 1.48bn shares in issue valuing FDC at a staggering £192m. This means that Energem's stake in FDC will be worth 83% of its own current market capitalisation. Energem has sales of US$ 150 mn and the idea that its African exploration assets account for 83% of its worth is manifestly absurd. FDC or First Africa Oil as it will be known has no sales and cash of £5mn. It is, in my view, a stonewall short. The lock up arrangements on the new shares are so vague as to be worthless." Simon Cawkwell, who adds: WELL, THERE YOU HAVE IT. I also add that I am a huge fan of anybody (in this case T.Ramsden) who has put £1m on a bet on a racehorse. But I don't have to buy his stock. |
Posted at 03/2/2005 22:37 by dr knowledge golferscoop2 - I can only offer comment on shares I know something about! I don't even own any FDC currently (bought & sold some on the rise thus far). The only reason why I am here is that from a "nothing" stock for me at least, it is now definitely on my monitor and I an seriously considering buying A LOT!! Tell you why........................apart from the above (which is quite a lot!!!) - when the new company emerges there are going to be a lot more shares in circulation, now it sounds naive - but why have so many institutions been so eager to buy in now at current share price levels???? If they had of taken a chance and waited - with the low volume of PI investment - chances are the share price could have dived. Alternatively, a lot of companies rise on such occasions only to drop back following admission - now to me that begs the question as to what made the institutions agree to a lock-in period (usually 12 months). The company has even told us that the see no reason to raise additional funds following admission (and for 12 months)- we normally hear precisely the opposite and AFTER admission to boot!!!! On that basis I can only conclude that they see a proposition that they like (a lot!)and maybe just maybe they know a lot more than we do of the prospects in Gabon! Im not saying the share price will rocket - but it is one definitely worth watching as it is rare to get in at the very start (or near as hell to it!!!). Good luck whatever happens! |
Posted at 13/1/2005 12:08 by pomp circumstance Inteesting to see Sheikh Al Maktoum of Dubai is involved here, I wonder if Ramsdens raing connection have come in here!!!Energem Resources Related Organisations has a share in: Canadian Gulf of Guinea Petroleum Corporation (51%), Canada has a share in: Central African Mining Company SARL, Central African Republic has a share in: GulfofGuinea Petroleum Corporation Inc (51%), Guinea has a share in: Otterbea International (100%) - Auckland Park, South Africa has a share in: Petroplus Africa (50%), Angola has a share in: Republic House AG (60%), Switzerland has a share in: Spectre International (51%), Kenya has shareholder: Anglo American Corporation of SA Ltd (6%) - Johannesburg, South Africa has shareholder: Capital Group (6%) - Geneva, Switzerland has shareholder: Firebird Management LLC (1%) - New York, United States has shareholder: JPMorgan Fleming (3%), United Kingdom has shareholder: Kershner Grosso Consortium (1%), South Africa has shareholder: Lyndhurst Ltd (41%), Canada has shareholder: RAB Capital (3%), United Kingdom Related Facilities has a share in: Koidu - Diamond Mine in Sierra Leone (60%) has a share in: Luo - Diamond Mine in Luapa River, Angola has a share in: Yetwene - Diamond Mine in Angola Related Projects is principal in: Koidu Project is principal in: Luo diamond project is principal in: Mozambique - Malawi pipeline is principal in: Yetwene project Directors/Managers President and CEO: Mr AT Teixeira (Antonio Tony) Vice-Chairperson: Mr SH Al Maktoum (Sheikh) Senior Vice President Legal and Corporate Affairs: Mr J Kanakakis (Jimmy) Corporate Secretary: Mr B Poznanski (Bernard) Chief Financial Officer: Mr R Rainey (Rob) |
Posted at 13/1/2005 11:59 by pomp circumstance DiamondWorks Ltd. changes name to Energem Resources Inc.13:58 EDT Monday, June 21, 2004 TSX: ENM VANCOUVER, June 21 /CNW/ - Further to shareholder and regulatory approvals received, DiamondWorks Ltd. has changed its name to Energem Resources Inc. ("Energem" or "the Company") and its common shares will commence trading on the Toronto Stock Exchange under the new name and the new trading symbol "ENM" at the opening of business on Tuesday, June 22, 2004. In connection with the Company's name change, the Company has adopted a new form of share certificate showing the new name, new CUSIP number (29267 S 10 5) and new ISIN number (CA 29267S1056). New share certificates will be issued in the normal course further to share transfers and other share transactions. In the meantime, share certificates showing the former name will represent the common shares of Energem. Shareholders may, however, obtain the new form of share certificate by surrendering their existing share certificates to Computershare Trust Company of Canada, the Company's transfer agent. Brian Menell, Chairman of the Company, in commenting on the change of name said : "The renaming of the Company represents the culmination of the restructuring process commenced atthe beginning of 2001 and reflects the greater diversity of assets and projects now held by Energem Resources Inc. Energem has grown from its roots in the diamond mining and exploration asset base of Diamondworks into a diversified natural resources company focusing on high margin mining and energy projects across the African continent. Energem has assets and projects in mining and mineral exploration, mid stream oil, up stream oil and gas, industrial chemicals, logistics and commodity trading. The Company is presently active in 12 African countries and has close to 1000 employees." CEO Tony Teixeira added : "We believe we have created a robust asset base and a unique logistical and operational platform for the selective development of Africa's vast natural resource potential. Under our new name, Energem Resources Inc. we are now starting to reap the rewards of the building blocks that have been put inplace over the last three years". This news release contains forward-looking statements which address future events and conditions which are subject to various risks and uncertainties. The Company's actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company's control. These factors include: the availability of funds; the timing and content of work programs; results of exploration activities; geological interpretations; receipt and security of mineral property titles; fluctuations in diamond prices; currency fluctuations; changes in production costs; differences in ore grades, recoveryrates and tonnes mined from those expected; changes in mining rates from currently planned rates; and general market and industry conditions. |
Posted at 13/1/2005 11:54 by pomp circumstance VANCOUVER, Dec. 23 /CNW/ -Energem Increases Stake in GGPC -------------------- Energem Resources Inc. ("Energem") is pleased to announce that it has increased its equity interest in its controlled Canadian subsidiary, GulfofGuinea Petroleum Corporation Inc ("GGPC"), from 51% to 86% by purchase of a further 35% interest in GGPC from the minority shareholders. The price for the further 35% interest in GGPC is US$4,375,000, payable as to US$2,437,500 in cash and US$1,937,500 by the issue of 1,136,418 Energem common shares at Cdn.$2.08 per share. The total investment cost to Energem for the 86% stake in GGPC is US$6.6 million. In addition, Energem advanced approximately US$1.2 million to GGPC under the terms of the US$1.5 million loan facility between Energem and GGPC to further the development of the East Orovinyare (EOV) and the JT2000/Epaemeno upstream oil blocks in Gabon to which GGPC, through two wholly-owned subsidiary companies (the "GGPC Subsidiaries"), has been awarded Production Sharing Agreements by the Government of Gabon. GGPC Issues US$20.5 Million of Convertible Debentures -------------------- Energem's subsidiary company GGPC has completed an offering of US$20.5 million of convertible debentures to a number of arms' length institutional investors. The convertible debentures will be secured by pledges of shares in the capital of the GGPC Subsidiaries. The proposed transfer by GGPC of its interests in the GGPC Subsidiaries to any separately listed upstream oil focused public company controlled by Energem is currently under consideration by Energem. In the event of such transaction, the debentures will ultimately be converted into such number of listed company shares as is equal to the proportion that the amount owed under the convertible debentures (US$20.5 million plus interest) has to the value of the GGPC Subsidiaries (as will be set out in a valuation of the assets of the GGPC Subsidiaries). If the convertible debentures are not so converted on or before May 31, 2005, the principal and all interest accrued under the debentures will be repayable by GGPC in cash on that date. The convertible debentures bear interest at 12% per annum. Interest accruing from December 22, 2004 to January 31, 2005 will be payable in cash by February 15, 2005. Interest accruing from January 31, 2005 will be added to the principal amount of the debentures for the purposes of conversion. The proceeds from the debenture issue is to be utilized to further the development and acquisition of upstream oil assets owned or under negotiation for acquisition by GGPC. In addition, a portion, in the order of some 70%, of the funds raised, will be advanced by GGPC to Energem for the purposes of further upstream oil asset acquisition and development activities of Energem and to settle GGPC's indebtedness of approximately US$1.2 million to Energem. A fee of 7% of the amount raised under the convertible debenture offering is also payable by the issue of 1,038,264 Energem common shares at Cdn.$1.70 per share, subject to regulatory approval, failing which approval the fee will be payable in cash. This news release contains forward-looking statements which address future events and conditions which are subject to various risks and uncertainties. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Energem Resources Inc. is a natural resources company listed on the Toronto Stock Exchange with projects in the energy and mining sectors in a number of African countries. Energem is committed to developing niche high margin natural resource projects in Africa and is currently active in 12 countries. Ventures encompass diamond mining and mineral exploration, mid- and up-stream oil and gas projects, energy and mining related manufacturing, trading and trade finance businesses operating off a common logistics platform and infrastructure. The company has offices and/or logistics and support infrastructure in Johannesburg, London, Beijing and a number of African countries. |
Posted at 27/12/2004 23:24 by brugha Here's a link to the company that FDC we earlier tipped to be sniffing aroundworth some 100 million pounds Any likelihood that FDC could be biting it, given they only have about 7 million? |
Posted at 23/12/2004 10:50 by pomp circumstance Immediate Release: 23 December 2004Financial Development Corporation plc (the "Company") Corporate Action/Suspension Following recent press speculation and share price movement, the Board of the Company confirms that it is in discussions with a third party that may or may not lead to an acquisition of natural resources assets that would constitute a reverse takeover (pursuant to paragraph 13 of the AIM Rules). Accordingly, the Company has requested that trading in its ordinary shares be suspended temporarily. These discussions are at an advanced stage and the Company hopes to be in a position to make a further announcement early in the New Year. For further information: Ruari McGirr Daniel Stewart & Co plc Tel: 020 7374 6789 |
Posted at 21/12/2004 12:08 by golferscoop2 No offence tee man but I'm only here for share price info. Not many counties I haven't played golf in though! Does the name Ennergem (two 'n's?) ring any bells? |
Posted at 14/10/2004 21:48 by mrba5hir from today's ukanalyst market report :So, it was announced today that ex-con Terry Ramsden has sold his notifiable interest in both Financial Development Corporation (FDC) and TradingSports Exchange. FDC, formerly Hansard, was involved in a deal to buy some land in Barbados that was owned by Griffin Leisure aka Terry Ramsden. It was ascertained by UK-Analyst.com that there was no planning permission for the land in Barbados. The land was to be sold to FDC for 300,000 pounds - a fraction of the cost that land usually goes for in the St James region. Plots of land usually cost several million pounds - with or without planning permission. But the sale of Ramden's notifiable stake in the group mean that this deal will probably not go through - making the potential acquisition of another PR group look unlikely. Finance Director Paul Foulger is yet to return UK-Analyst.com's call, but we will keep you informed on what he has to say on this. Shares in FDC added 0.25p to 3.5p, with TradingSports Exchange stock gaining 4.5p to 19.5p. If you are are daft enough to own these shares you are probably among the terminally deluded who own Ramco. Smell the coffee, sell the lot. |
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