Grafenia Share Discussion Threads

[cityfarmer] 12/12/2005 09:23

Yes, well worth the wait and looking very exciting indeed..............

[mikehardman] 12/12/2005 09:13

Ah - there we go!
Assuming it goes through, that'll be the end of this thread; best of luck to all who bought GRA.

[cityfarmer] 12/12/2005 09:01

Grasshopper Investments plc

Leading industrial machinery and equipment auctioneer, GoIndustry,
to reverse into AIM quoted Grasshopper Investments plc


Overview

* Grasshopper Investments plc is acquiring GoIndustry AG for a
consideration that values the Enlarged Group at over #30m

* GoIndustry was established in 1999 to drive consolidation in
the large and fragmented used industrial machinery and equipment market

* Over the last six years GoIndustry has grown organically and
through acquisitions - it now has offices in 15 countries in Europe, North
America and Asia

* GoIndustry operates in a highly fragmented market estimated to
be worth more than $100bn per annum

* GoIndustry has a strong market position with a combination of
online and live auctions, negotiated sales and valuation services

* In 2004 GoIndustry arranged more than 600 on-site and online
auctions generating net revenues of Euro36m

* GoIndustry has developed a global database of more than one
million equipment buyers, which has enabled it to sell equipment into more
60 countries so far in 2005

* GoIndustry has a highly knowledgeable Board with many years
experience in the industry, led by CEO, John Allbrook, who joined the company
from GE in December 2004.

On 9 December 2005, Grasshopper Investments plc ('Grasshopper' or "the Company")
agreed to acquire GoIndustry AG, a global leader in auctions and valuations of
used industrial machinery and equipment, subject to the consent of shareholders.
Grasshopper will issue up to 160,002,965 shares for GoIndustry valuing the
Enlarged Group at over #30m. The Enlarged Group will be renamed GoIndustry plc
and the shares are expected to commence trading on AIM on 5 January 2006 (under
the AIM symbol GOI), following a meeting of shareholders that has been arranged
for 4 January 2006. Grant Thornton Corporate Finance is the Company's nominated
adviser and Cenkos Securities Limited is the Company's broker.

[gozo] 09/12/2005 19:59

It would be nice if they could get it trading again before New Year as it might pick up some press coverage for journo's 2006 picks.

[gozo] 09/12/2005 19:56

Sandoval - Thanks for the reply.
Maybe Monday then? It's frustrating waiting for this deal to happen. I have quite a bit tied up in GRA. Just hope the enforced patience pays off!

Trader - Agree with that, cant remember which thread it was but he/she made a right mess of it. - may have to use the filter.

[sandoval] 09/12/2005 15:32

Gozo - I spoke to steinberg, the finance director. Sounded as though he was up to his neck in paperwork but was confident we would know the situation today.

[traderabc] 09/12/2005 13:51

Just hope thebluedolphin moron doesen't find this thread.He shouldn't as he is busy stuffing chickens in time for Christmas. When this share starts to trade again this thread will become much more busy and we will have to watch out for thread werecking losers like him.

[gozo] 09/12/2005 13:38

Thanks for the info. Who did you contact - How high up were they?

[sandoval] 09/12/2005 11:47

They assured me last week news would be out on Monday (gone) Phoned yesterday and assured news would be today so I wonder if even they know what is happening.

[gozo] 01/12/2005 14:41

Thanks for the info.

G

[sandoval] 01/12/2005 13:45

I phoned them yesterday - we should hear news next week. The problems have been tax due to goindustry being international as I understood.

[traderabc] 30/11/2005 14:55

Now 4 weeks.something should happen soon.

[sandoval] 19/11/2005 19:18

3 weeks of November gone on Monday.........maybe Christmas ?

[gozo] 28/10/2005 18:33

Proposed acquisition - update

RNS Number:2939T
Grasshopper Investments PLC
28 October 2005

Grasshopper Investments plc (the "Company")

The Company announced on 22 September 2005 that it anticipated posting a
circular to shareholders, in respect of the proposed acquisition of all or
substantially all of the issued share capital of GoIndustry AG by the end of
October 2005.

The transaction continues to progress satisfactorily and the Company anticipates
posting a circular during November.

Enquiries:

Grasshopper Investments plc
Nathan Steinberg, Finance Director 020 7845 7500


This information is provided by RNS
The company news service from the London Stock Exchange
END

MSCPUGCGUUPAUBR

[sandoval] 23/9/2005 17:19

Can't find any accounts/turnover for goindustry so there's no point even guessing a share price but that's going to be 4 months money tied up so I'm hoping 25% premium on gra closing price to justify the wait.

[gozo] 23/9/2005 16:20

RNS Number:5857R
Grasshopper Investments PLC
22 September 2005


Grasshopper Investments plc (the 'Company')

The Company announced on 28 June 2005 that it had entered into Heads of
Agreement to acquire all or substantially all of the issued share capital of
GoIndustry AG and that it anticipated posting a circular in respect of the
acquisition by 30 September 2005.

Due diligence continues to progress satisfactorily and the Company anticipates
posting its circular to shareholders by the end of October 2005.

Enquiries:

Grasshopper Investments plc
Nathan Steinberg, Finance Director 020 7845 7500


This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCPUUPWBUPAGQG


Posted this in case anyone missed it.

Any idea of share price performance when/if this goes through?

[sandoval] 19/9/2005 16:27

I agree - same quality management although Goindustry is a different animal. Can't find any comparable companies to goindustry listed. Anyone else ?

[traderabc] 19/9/2005 15:17

Yes,and after the outstanding progress of Golden Prospect in the last few weeks,this one could fly too.

[sandoval] 18/9/2005 10:05

News "no later than 30th September" .....unless they're leaving it until the last minute I imagine we could hear something next week.

[sandoval] 25/8/2005 23:24

The Chairman's name is David Bailey.............heard that before somewhere.

[harrythehorse] 25/8/2005 17:44

Would you really tell your friends you`d invested in a company called Grasshopper Investment? Unless of course it had netted you a big profit.Until then I`m keeping it a guilty secret

[gozo] 25/8/2005 17:30

keep taking the tablets !!!

[glasshopper] 25/8/2005 12:43

In my opinion, which is quite changeable, grasshopper does depict a certain mental image,

Robert Lionel Fanthorpe, writing as John E. Muller, "a mental grasshopper is an intellectual kangaroo, a mind wallaby." Beyond the Void

There again doesn't Linux incorporate a system named Grasshopper....

there again......

[sandoval] 24/8/2005 18:56

Hope it's worth the wait. It's a long time to have money tied up doing nothing.
Another share that might be going the same way as GRA is CVS if interested.