|London Capital Group Hldgs
||EPS - Basic
||Market Cap (m)
London Capital Hldgs Share Discussion Threads
Showing 1001 to 1025 of 1025 messages
|Fingers crossed the abhorrent Henri-Sabet has been metaphorically pushed (hopefully out of a top floor, like 10,11) out of the door tomorrow!|
|Diggedy - if that is true then half the City will be opening the champagne this weekend!|
|rumour that Jabba has gone . Maybe wishful thinking but you never know. Perhaps his investors have finally gotten tired of his living the high life on their money.|
|Youmight find this of interest Luckymouse - http://www.alignresearch.co.uk/sterling/the-pound-flash-how-to-profit-in-retrospect/|
|Possible turn - I would prefer a decent volume spike (indicating a major getting in) and cleaner momentum divergence for the technical aspect (proper TA more tricky with illiquids) - the turn candle looks good & a 2nd,3rd hammer would indicate buying pressure - note the body language of the wicks in general
|As much as Sabet is clearly disliked by the City (and me), word is they made 7 figures on the pound move Thurs eve. Trading less than cash these could be due a move.|
|I believe they are changing their name to "Limassol Capital Group" ha ha!!!|
|A must read - http://www.alignresearch.co.uk/london-capital-group/london-capital-group-update-asking-turkeys-to-vote-for-christmas-vote-no-to-all-resolutions/|
|sabat has actually not lost much
the convertible debt has been turned into equity at its cash value and at no premium to share price so no theoretical loss here
the reason the company was only valued at about £5m when it 'apparently' had £14m cash was because of the convertible bond debt on the books.
Nearly all of his shares were 'awarded' to him as a bonus .. not quite sure what for mind you.
He has spent a couple of hundred grand on equity BUT he (and his associated companies) also get over £1m a year in revenue/salary
so i don't think he is too concerned|
|Sabet has raped the company and continues to rape shareholders. An extreme form of narcissism and selfishness. Karma will get him.|
|Presumably Sabet has lost a fortune on this as well?|
|Charles Henri Sabet aka Jabba the Hut should be strung from the rafters.|
|effectively the convertible loan is being 'converted' at 5p not 25p.... nice for the bond holders as they end up with over 80% of the company.
But in reality the company has been losing so much money that it would probably have been risking its regulatory capital position if this had not been done.
Chances of the share price going much above 5p in the near term are very low.|
|How come we get the notice of AGM, but no annual report. Is this company dodgy or what? I've voted no on the resolutions, not that it will make any difference. How this company has disintegrated from being a nice little company in 5 years is unbelievable!|
|well, that weekly chart is basing
free stock charts from uk.advfn.com|
i would agree on the conclusion but for different reasons
the idea that the take of 95% of the company at 45p is rather academic when the share price is 6p. Even the 26p convertible is not exactly bad if the conversion took place as it would assume the share price had rallied over 400%|
|I've had a closer look and this looks uninvestable: CEO and shareholder taking out a large salary; licensing software to the company and trying take 95% of the company if the share price goes above 45p. A tad disappointed as it looked like a gem. Also even if shares are getting issued at 25p, there's still dilution. If they are serious about raising external capital for the business, this liability will have to be renegotiated. I'll wait until then.
|Woozle - good observation which is the essence of this piece - http://www.alignresearch.co.uk/equities/london-capital-group-controversial-loan-notes-provide-buying-opportunity/|
|Any cap raising will involve massive dilution for Mr Sabat; unless he has the cash to participate. He'll get a better deal, if he delists and raises cash as a private co, which is a strange situation. If he doesn't delist this looks like an opportunity to get in on a multi bagger. It's a good option play but be prepared to loose all in a delisting.
|GWMO next one to rerate.Starting to move now...Undervalued and plenty of cash.5p target vs 0.35p|
|Something going on at TPT. Two huge buys yesterday for £6.5m.|
|hedgies like to nibble deep dips of turnarounds too - let the prc come to you sort of thing|
|RNS makes it pretty clear that there is nothing in the wings.
Mr Sabat restates the 'capital raising' comment. Which might be more informative.|