Jellybook Share Discussion Threads

[charlie] 26/4/2013 19:04

In March I calculated only 6.2p per share left after recent months buybacks. And that was before winding up costs and running costs since 30/6/12. So I was guessing 5.75p, and maybe only after some months.

Perhaps better should be expected where clean cash shell?

[britishb] 25/4/2013 12:45

Just had a cheque for "interim distribution" 6.25p/share. Very nice indeed, somewhat above expectations and I guess a little more to come when wind down complete.

[the analyst] 17/3/2013 11:59

I wonder what payout the Directors will get upon winding up?

Would be very interesting to know, considering it looks like they haven't invested much (any?) of their own money into the venture.

How a company that had over £10m couldn't find an investment in social, I don't know - there have so many huge opportunities out there over the past few years. It's incredible to have not spotted at least one decent company to invest in and you have to ask yourself whether they were actually looking?

Maybe that is why the meeting is being held abroad - are they desperately hoping that nobody attends to question their performance?

I feel for those that invested here. Luckily, I was not one of them.

[britishb] 05/3/2013 12:59

I reckon there's about £9m or 6p/share, less wind-up costs, available for distribution.

Any thoughts on wind-up costs? £250k?

[phowdo] 05/3/2013 09:08

Yesterdays RNS was inevitable from the day they floated.
Drives yet another nail into AIM as a serious investment venue.

[napoleon111] 18/12/2012 16:41

they have 16million shares in treasury that should at the very least be cancelled to add a bit of value to the company :(

[repanco] 30/11/2012 16:10

Isn't this the worst company ever to go on AIM. What a shambles - such a waste of shareholders money. Allenbury Capital must be embarrassed beyond belief!

Dissolve the company and distribute what's left to the poor shareholders who were suckered into this pile of rubbish.

[snatander] 22/10/2012 22:50

The Duke of York privately flew to Monaco to give his "royal seal of approval" to a new bank for the super-rich.

Andrew carried out the engagement last week at the invitation of controversial ­businessman David Rowland, who helped bail out the Duke's debt-ridden ex-wife Sarah ­Ferguson.

Andrew's trip to the tax haven to open a new branch of Mr Rowland's Banque Havilland again raises concerns about the Duke's use of his royal position.

Andrew was guest of honour at the elite gathering and it is understood Mr Rowland organised a private jet to take him there. The event was not an official visit, nor was it registered in Buckingham Palace's Court Circular, a record of dailyroyal engagements.

But senior Labour MP Paul Flynn criticised the Duke for giving his "seal of approval" to a bank in the tax haven.


And this is the outfit which bought shares

[napoleon111] 16/10/2012 15:54

bought back from a former director (ariadne capital), maybe she wanted out? bought at 3p, a significant discount to current share price and cash value

[waldof] 03/10/2012 13:40

Of course....bound to be...bound to be.

Move on son.

[snatander] 03/10/2012 13:35

probably bought then back of a angry fund manager who said that the weasel management were taking the p1ss

[waldof] 03/10/2012 13:32

...not cancelled and where they will no doubt be re-issued in the future at a higher price.

the game is on...no doubt all in my etc etc

Lets see how long before the 'certifiables' turn up... ( not aimed at you gym!!)

[waldof] 03/10/2012 13:29

...er they have £10,500,000 in cash as of 26/9 equal to 6.15 p per share.

After spending on buyback at cheaper price than 6.15 p per share they now have equivalent of 6.27p per share.

Shares have gone to Treasury!!

[gymfit] 03/10/2012 13:23

This looks illegal as they dont have distributable reserves

[waldof] 03/10/2012 13:03

Picked some up at 5.16 just before RNs..and another lot just after.

Put and call here in mu opinion.

Something up...............had over 6p a share before buy back.
Buying back at less than cash per share price only increases cash per share.

Listing with all that cash.........if they can't find something ( not after all this time) someone will want the quote and cash.

They allude to that in results RNS.

[gymfit] 26/9/2012 11:08

Didnt stop them paying out £217,000 of shareholders cash to themselves and associuated cronies

And did anyone mention the 1p warrants they awarded themselves


YES!!!! 1p , millions and millions of 1p warrants for doing naff all

[napoleon111] 26/9/2012 10:15

rns out, half year results, still no sign of an investment!

[napoleon111] 31/7/2012 16:37

question if anyone is there, jellybook was admitted to aim as an investment company in june 2011. Do the aim rules not stipulate that if an acquisition is not made within 12 months the shares suspend and then a further 6 months before the share listing is cancelled if an acquisition is not made?
or is that not the case here?

[tradermania] 29/5/2012 12:24

In the meantime, your board maintains its steadfast determination to minimise costs and conserve its cash resources. As is to be expected, the results of this first period largely reflect the costs of the Company's incorporation and IPO but, as at 31 December, the Company had cash balances and shareholders' equity of approximately GBP10.5m, equivalent to approximately 6.14p per share.

Oh how wondeful - we thank you oh GOD!!! twits. What's that, while drinking alco pops

We will maintain a watchful eye on both costs and safeguarding cash.

[zaksab] 29/5/2012 00:19

Why an earth were these given a £6m pre new money IPO valuation? Should have been close to zero. New investors paid a whopping premium pre-new money to the book value.

[repanco] 02/3/2012 16:10

What a disaster!

[double6] 13/2/2012 17:45

Look like someone just dumped some of those ??