||EPS - Basic
||Market Cap (m)
Mark Kingsley Share Discussion Threads
Showing 201 to 225 of 225 messages
|The company is delisted. It still shows in my Halifax nominee account - but as we are talking about less than £2k, I am not that bothered about cashing in just yet.|
|As far as I'm aware (which is far from saying it's true!), the 90% threshold entitles a company to force people to sell their shares at the offered price, if it so desires, in which case he should have already received a check. I can't imagine they would be allowed to completely ignore remaining holders if they decided not to take up that option.
Have you contacted the company, spiggy?|
|It depends on the percentage of the offer that was accepted. If more or less everybody accepted they might have gone back to court and made it, I think the wording is unconditional.|
|Surely they still have a duty to keep him informed at least?|
|All you can do is to write to the company and ask them if they will make you an offer for your shares. Bear in mind they dont have to.|
|Everything is a gamble - some you win and some you lose. Fortunately, most are the former.|
|You were offered cash you should have taken it. I know it was a twist but there again lots of things are in this world.|
|Anyone still here?|
|Not if they have got any brains.|
|Does anyone still hold these?|
|Well I sold out today.
Don't want to hold shares in a Private company when Wells holds at least 60%.
Given his treatment of existing shareholder don't fancy been a holder in the future.
Wish him no luck in his future venture with the money he robbed on this one.|
I feel exactly the same as you the only good news being that at least I did make a small profit. I bet Eaglet Trust are not very happy. You can make a lot of money out of Aim stocks but every month more and more companies are shafting the share holders. I have been shafted several times this year Osmetech, Ranson,
Eckoh and now MKP. If firms continue to do this small investors will stop backing them. I hope that some time in the future Todd Wells gets his just rewards.|
|Todd wells has done a great job of getting himself some cheap cash on this in the end at the expense of the shareholders.
We have all been robbed on this one.
So much for returning Cash to Shreholders Should read return cash to the major Shareholder|
|Got 20.37p with TDW.
Unfortunately as approval was given at the recent EGM there is nothing we can do about this course of actions.|
|Barclays stockbrokers have been very helpful and have spoken to First Equity who offered 21p with 10 day settlement. On reflection I have gone with 20.75p on 3 day settlement.|
|Many thanks poacher45. I spoke to First Equity who said they would probably continue to give 21p until tomorrow. I then spoke to Barclays stockbrokers who hold my shares in a SIPP. They say they only talk to a limited number of market makers and First Equity are not one of them. They said the best that they can get me at the moment is 20.75. I will hang on for 21p for the time being but need to sell by friday.|
You or your stockbroker must ring First Equity|
|And to follow years of non-performance with such a kick in the teeth? How the perpetrators of this legalised robbery can live with themselves is also beyond me.
I hope all you holders manage to get out ok, or if not at least find the private company is run with honest intentions.|
Seems you're right poacher.
How such behaviour (eg keeping profits for himself, or raising pay without bound) is not totally illegal is beyond me. How is that not theft, pure and simple?|
|I'm trying to sell mine for 21p. Not success yet.|
|Do not take my word for it ring your accountant and ask him what shareholders rights are in a private company. I think he will tell you that if you have less than 50% it is virtually worthless. Please remember you have to sell by Friday or I think they will offer a lot less after that.|
|What's the legal position here? There must surely be some protection for minority shareholders in a private company?|
|First Equity paying 21p until Friday. After that they will only offer peanuts.|
|I had a letter today from one of my brokers stating that JP Jenkins would be trading these shares after de listing.
Is it just me that gets the feeling we are been forced to sell out cheap.
We have had very little time to consider our options.
Would like to hear from anyone who intends to hold after Friday and the reasons why.
I also have some of these with Halifax and they have sent nothing.
How much are First Equity paying?|
|To get the best price you have to get your broker to ring Simon Cowan on 020 7374 2212 at First Equity. Please bear in mind the warning contained in this document. This offer is only open until Friday after that it will be very illiquid and on a matched bargain basis only. In other words after Friday I think you will be lucky to get 10p. IT IS JUST LEGALISED ROBBERY.|