Gen. Cap Share Discussion Threads

[andrbea] 20/6/2008 08:43

last year genc had their AGM on July 27th

so we should have an update same time this year.


Their Annual Report 2007 came out on June 28 2007

[powertrader3] 20/6/2008 08:41

yes brill ab.every few buys here should now propel us too the top of the leaderboard.

[andrbea] 20/6/2008 08:38

sxx at 18%

[powertrader3] 20/6/2008 08:37

well done ab.fun times ahead

[andrbea] 20/6/2008 08:25

have added genc to the UPS thread

[powertrader3] 20/6/2008 08:23

2 million buys in 2 days.12% of the company.25 mill in issue ,directors hold 50%.8-10% in free float .dropped on 153k on monday.price last friday 50p.no brainer.dyor

[powertrader3] 20/6/2008 08:19

also had 1.5 mill ggt@.11,sold 1 [e-mail] hold 500k.

[8trader] 20/6/2008 08:18

Check out this other pump and dump by PT3 and what will happen here when
they all dump !

[powertrader3] 20/6/2008 08:18

ab i got 100k a few weeks back.2 grands worth.

[andrbea] 20/6/2008 08:17

pt
off-topic:

watch sxx too
rose 151% yesterday
6% today

a poster on LSE thread said:

Think will rise more tomorrow when newspapers report story - and when sums are added up overnight to reveal what a great deal this is for sxx----- the company has totaly changed in 24 hours with more deals and bonus to come --it seems a great and cheap way to get into china mining --- cic look like they are going to do the hard work --babbler you could also try sync if you want to get in on ground floor --good info also on iii and advfn on both these shares good luck

[8trader] 20/6/2008 08:14

Powertrader3.

Any reason why you are not posting on the Igd and Hll threads now ?

Just noticed Hll is dropping rapidly since you spammed that thread for
a day and then went quiet !

[powertrader3] 20/6/2008 08:14

1v1 limits buy 50k@7.38vsell 50k@6.2

[powertrader3] 20/6/2008 08:12

ab there is absolutely no resistance untill 40p.dyor

[pre] 20/6/2008 08:11

could hit top of the leaders board today....looks like mm's are ready to play imo....let's see where we end up:-)

[powertrader3] 20/6/2008 08:10

1v1.andrebea i expect this back at 25-30p very quickly.and 50p+ when letter is confirmed.directors hold all the aces.dyor

[andrbea] 20/6/2008 08:06

8%
:-)
congrats PT

[powertrader3] 20/6/2008 08:05

AS I SAID BREAK-OUT

[powertrader3] 20/6/2008 08:00

a couple of new p[osters.hmm i wonder who they are very little stock.dyor

[powertrader3] 20/6/2008 07:58

break-out coming.50% director held,12% bought in the last 2 days,and 20% in pi hands.institutions 10%.=92% lucky if there 8% in free float.ceo said he was confident they would not breach covenants as banks where supportive.dyor

[grlz] 19/6/2008 19:05

wooly ur missing nothing - LLOY won't imho provide a wavier without management taking more positive action regarding overall lending which they hold a sub charge over, Bridge lending has effectively closed and is rolling funds. GENC have pitched LTV and rates to turn business away. Dead duck imho as LLOY were also bank to Commercial 1st and pulled the plug on them, GENC by size are nothing in comparison. I closed my T on this getting even money probably selling to Powertrader ;) MMs have since priced the spread to make a killing once the rest of the Ts fall due

DYOR

[wooly62] 19/6/2008 17:16

Not a holder, just checking in due to the recent turmoil. It seems to me this is very speculative - if a breach of banking covenants had previously gone undetected, how confident can the banks now be? Given that banks are taking a deep breath before lending anyone any money (as in even those businesses who they haven't had any specific issues with), I don't see how or why a PI should buy into this until/unless they're certain the bank are going to continue support. Yes some of their investments may make lots of money, that's what VC's investments are about - but many such investments turn to nought and may not even realise their carrying values. Am I missing something?

[powertrader3] 19/6/2008 16:35

let you know tomorrow if there are any hidden trades on l2.1.47 mill hidden in the last 2 days.nearly 2 mill buys.heading for 11% bought in 2 days and directors hold 50%.thats 60%+institutions.ready for BREAK OUT.DYOR