Nipson Digital Printing Systems Share Discussion Threads

[waleriuszwatrobka] 27/10/2009 13:40

...RNS coming ?!? ;-)

[rhays] 27/10/2009 13:39

is it good news

[waleriuszwatrobka] 27/10/2009 13:38

...off it went ;-)

[rhays] 27/10/2009 13:36

whats going on up 44% anyone know anything??

[rhays] 27/10/2009 13:33

up to 25% at the moment

[rhays] 27/10/2009 13:30

do you think worth topping up??

[waleriuszwatrobka] 27/10/2009 13:29

...offer over at PLUS back @ 4p ;-)

[waleriuszwatrobka] 27/10/2009 13:25

...yep, we have an upward movement ;-)

[rhays] 27/10/2009 13:24

looks like good news, started to tick up

[waleriuszwatrobka] 27/10/2009 13:23

...end of the month fast approaching so we can expect debt repayment news any day now !?!

"Nipson UK parent continues debt negotiations to avert CVA"

"...Last month, the company said that brokerage D Roseman had requested the immediate repayment of a €2m (£1.8m) loan, which this morning confirmed is due to be recovered at the end of the month..."

[ptog] 26/10/2009 13:00

hey q had a look at LGNG very undervalued

[quinan] 26/10/2009 12:31

I went into this as a do or die stock sold last week as I got cold feet, things may well change in the next two weeks if they do renegotiate their loans then there will be light in the tunnel but time is not on their side at the mo. GLA

PS have a look at LGNG good strong order book with over £155mln worth of orders good expansion program and cost savings coming into play. Market Cap of £11mln

[rturner2] 26/10/2009 12:19

sold cant afford another to be suspended

[rturner2] 26/10/2009 12:16

not looking good

Digital press manufacturer Nispon Digital Printing Systems (NDPS) has said that it will have to consider a Company Voluntary Agreement (CVA) if it cannot negotiate a long-term solution to its financial position.

Last month, the company said that brokerage D Roseman had requested the immediate repayment of a €2m (£1.8m) loan, which this morning confirmed is due to be recovered at the end of the month.

This, in effect, gives the company two weeks to secure additional funding to repay the loan, which it has previously stated would force it to "consider its position as a going concern".

In a statement to the London stock exchange, where NDPS is listing on the AIM market, the company said that the board "continued to negotiate for long-term solutions" with its key shareholders Polar and Creacorp.

However, it added that it would "need to consider a CVA for the company, in order to try and come to a settlement among all creditors", if no sustainable solution could be reached.

Under a CVA, a company comes to a legally binding agreement in which it agrees to pay all or, more commonly, part of a debt off in structured payments while it continues to trade.

It has been a difficult 12 months for NDPS, which last October put its French manufacturing arm into the French equivalent of administration. Nipson SAS exited Redressment Judiciare in July.

[waleriuszwatrobka] 22/10/2009 09:55

...is this a smoke cover before appointing as a director somebody from Creacorp ?!?

[waleriuszwatrobka] 17/10/2009 16:55

"Nipson UK parent continues debt negotiations to avert CVA

...Nipson UK managing director David Mooney has previously said that the profitable UK part of the business was unaffected by the negotiations."

[le frog] 16/10/2009 16:33

Thanks for all the help and our thoughts. Very usefull.
Wasn't looking to invest a fortune - just enough that if i lost it wouldn't be too upset, but enough to make it worthwhile shoud it take off. Guess it will be monday now (work got in the way!)

[fo77y] 16/10/2009 15:46

There will be a limit on what you can buy/sell, quite common on stock like this, quite often it's 50k for ndp. It might be worth ringing your broker to see what they will buy/sell and what the price is. Quite often they will go over the limit for you, but by how much is anyones guess.

[kish_008] 16/10/2009 15:43

It will fluctuate because the shares are not very liquid so as buys come through the price will rise quite quickly (as we saw on Wednesaday). Same will also be true of the sells.

My thinking is the company may be on verge of restructuring itself and reaching agreement with the necessary stakeholders. If so, the announcement may come at anytime. It is very risky, and holders will either be handsomely rewarded or lose the lot....

[le frog] 16/10/2009 15:34

hmmm Think with the price rising its difficult getting a quote! Tried buying 15000 couldn't get a price, tried 5000 and got quoted 2.5p. I;ll let it settle a bit. Thanks for the advice

[kish_008] 16/10/2009 15:30

It isn't. When the sell price was 1.75 this morning I was getting quoted 2.5 to sell my 400k.

[le frog] 16/10/2009 15:24

thanks - i'll give that a try