Orcadian Energy Share Discussion Threads

[istanbully] 10/6/2008 12:36

wondering the same my self. Called my broker.If I get any info. I will let you know.

[janatha] 10/6/2008 10:40

Still no cash proceeds.What is going on?

[scl1982] 02/6/2008 15:49

FYI... from my broker "The cash proceeds resulting from the Merger are expected to be received on or around 2nd June 2008"

[deep powder] 27/5/2008 16:10

No idea, anyone else ?????

[scl1982] 21/5/2008 17:21

Anybody know when the first round of payments should be being made to shareholders for this?

[outsizeclothes.com] 29/4/2008 23:10

In case anyone is tempted here.
Got this today from my broker re:Adamind

-------------------------------------------

Re: Adamind Return of Capital

Further to previous correspondence regarding the above issue, please be advised that your portfolio has today been credited with the funds in settlement of this issue.

Amount Credited: £xxxxx.xx

This distribution has been taxed at the maximum capital gains withholding rate prescribed by Israeli law.

We are still awaiting final confirmation from the company and the Israeli tax authority regarding the reclamation of the tax on this issue. We will advise you as soon as we have any further information.

yours Sincerely

[colinhy] 14/3/2008 17:02

It is nice to see the directors rewarding themselves

5. Approval of the payment of special cash bonuses in the respective amounts equal to (i) 2.5% of the Merger Consideration, based on the Closing Estimates as defined in the Merger Agreement (i.e. approximately US$548,000), to Mr. Haggai Barel, Chief Executive Officer and a Director of the Company, and (ii) US$100,000 to Mr. Moshe Nachman, Chief Financial Officer and a Director of the Company, payable in each case to the recipient thereof contingent upon the consummation of the Merger; and

6. Approval of the increase of the monthly salary of Mr. Haggai Barel, Chief Executive Officer and a Director of the Company, and Mr. Moshe Nachman, Chief Financial Officer and a Director of the Company, by 10%, effective as of January 1 2007, such that their monthly salaries will be, effective as
of such date, NIS64,500 and NIS42,720 respectively.The board of directors of Orca

[eenmakkie] 12/3/2008 10:16

ZIP almost all share are in the hands of Emblaze and insiders.

Do not know what they are planing to do with that company.
Some insiders bought some more shares at 12p some months ago.
It is a strange story (but that was with all Emblaze related companies the case)

Lets hope Orca will pay out in less time as Adamind otherwice there is the diference in market price and offer.

[jammytass] 10/3/2008 17:01

cheers > i will have a look

[ericthecat] 10/3/2008 16:59

yes, thankyou jammytass.

My favourites at the moment are;
FRR- great potential speak with the company and they are very confident.
ZIP-followed since BLZ days, I think will come good.
BVC-excellent company starting paying dividends in a huge growth mkt.
MDX-anyones guess here, so manipulated.

[jammytass] 10/3/2008 16:39

well done eric hope u made a few bob!!! whats next on your list?

[lqs] 10/3/2008 13:43

explorer88
NNG is miles overvalued and is being ramped senseless (by you mainly).

[chrisdgb] 10/3/2008 11:41

looking cheap on this spread, mm's are monkeys.....

[explorer88] 10/3/2008 10:32

have any of my fellow ORCA investors invested in NNG yet?

currently 2.8p. i reckon they'll be around 20p in 2 years time (m/c of £75m)

[par12] 10/3/2008 09:10

Just like ADA, a little prod for holders; Yes 23p straight away, next 6p over 36 months !!

[crashbang] 10/3/2008 09:09

RNS.
18 TO 36 months for the full 29p.

[ericthecat] 10/3/2008 09:07

even better, let it roll, I can not see why this would not go through other than a counter bid, as all parties want it. well done.

[adg] 10/3/2008 09:00

eric it was a few weeks ago @16p if I remember correctly,
thx.

[ericthecat] 10/3/2008 08:55

when did you open it?
If only today you should be safe for a gain.

[adg] 10/3/2008 08:51

I have a T20 long open, thoughts please fellas?

[ericthecat] 10/3/2008 08:38

You tell me that Forest investment group did not have inside information, 100% return in a month!

[ericthecat] 10/3/2008 08:37

Why isn't the price higher, surely 27p should be there, there is next to no chance the shareholders will reject, so 29p by April means its easy money if you buy now! Any chance of a counter bid?

[explorer88] 10/3/2008 08:31

well done everyone - high 20's as expected (29p)

if you're looking for the next investment - try NNG - currently at 2.4p. My 2 year price target for the business is 20p (m/c of £75m). The chairman, Terry Matthews sold his last business for $7.1 Billion! ;-)

good luck!

[ericthecat] 10/3/2008 08:26

Well, I have to say thank goodness for that, but alittle sadness that ORCA did not make a go of it on its own. It came very very close to become the leading player but Microsoft and Lucent stuffed any chance it had.

The technology was sound and the innovations very good.

[par12] 10/3/2008 08:26

Take your money at 23p and get those profits into BLZ