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RAF Real Affinity

0.01
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Real Affinity Investors - RAF

Real Affinity Investors - RAF

Share Name Share Symbol Market Stock Type
Real Affinity RAF London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.01 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.01 0.01
more quote information »

Top Investor Posts

Top Posts
Posted at 25/4/2008 20:03 by badhshah
Since I am a holder now and after doing some research, I ended up clueless about the futrue of this stock. So I invested in it the amount of money which I could afford to lose. The chances of winning are very low but if it does recover from here the reward could be big as well.

I am going to dig up some information myself and would like other holders to do their bit as well. End of the day we all holders want it to be a successfull company. Those who are not holders please state where you stand with the company so that new investors are not mislead who might be thinking to invest.
Posted at 15/4/2008 14:48 by badhshah
Fundamentally, does this stock has a good chance to go bust?

Will it be sold to the directors cheaply?

will it recover from here?

Any advise from anyone for new investors here?
Posted at 18/2/2008 19:44 by cindaraa
In my view Directors are prohibited from buying shares after cancellation of consolidation --it could be a life changing news--injection of additional cash by an investor or a company. It could be a merger(reverse takeover)with other Company or sale of the whole business and becomes a cash shell in order to maximise share holders value????????????????????????????????? Latter would be a huge success?????????
Posted at 03/1/2008 09:01 by dell314
johnmp - Out of interest, I just looked up the details of the Red Kite facility announced on3rd December and it is quite impressive how they've arranged such a clever deal:

On 2 August 2007, Red Kite Capital Partners Ltd ("Red Kite"), a company controlled by Mr Ross, agreed to provide a £1 million funding facility to the Company in the form of a convertible redeemable unsecured loan note. At 30 September 2007, the loan note amounted to £390,000. The loan note is convertible at any time into ordinary shares at a price equal to the nominal value of the shares at the time of conversion. The loan note currently does not bear interest. The Directors (other than Mr Ross) have entered into discussions with Red Kite to place the funding facility on a formal structured basis to meet the ongoing working capital requirements of the Company................

(later in the same RNS):


...........Shareholders will be aware that the Company's share price has for several months been below the par value of the shares. The Board is considering implementing a reorganisation of the share capital (subject to shareholder approval at an extraordinary general meeting) to make the shares more attractive to new investors and to provide more visibility to the market.


So they've told you the facility will be converted at par, which you all assumed meant 0.1p, yet the same document breaks the news that the par value will be dropped, so the loan can be converted at whatever par value they choose in the capital reorganisation!

Therefore, they don't need to alter the agreement, as the original agreement provided for them to convert at a lower par!

Great stuff, eh??


Rgds
dell

All IMHO, DYOR etc.
Posted at 14/12/2007 16:02 by the_owl
Knowing,

it's not the amounts - it's the liquidity, and the trend.

There's no point in taking big positions in small stocks (which one needs to do with micro-cap's) at non-competitive prices (large spreads).

Yes, it looks cheap & the sums involved are peanuts relatively - but it also did so at 0.3p.

The management are not sufficiently demonstrating the qualities we need to set a trend in the share price at these prices (which is why the price is where it is). I believe its (mainly) a communications issue possibly not so much a fundamental business issue.

If you look at Brent's & Bankside's other companies you'll see the same problems and the same non-addressing of them, leading to the same shaped share charts.
If they wnat to be business men, and not give 2 to the shareholders - then so be it. However, they cannot then blame investors for the low share price which ensues when they want, and need to raise cash & if investors sell early. In a way. a lower share price is safer as it avoids investors being exploited - too much - specially when Mr Ross & other bigger entities have share positions at a much higher share price as they do. We'd like to make some profits from our risk too please.

The best way forward maybe for another company to close the gaps that clearly exist in the communications, and then seek to tap the companies' potential.

RAF have said themselves the shares are not attractive (hence the reason for the steps they will take soon as per RNS). When they address this issue & show a clear & credible earnings path on their c£19m t/o, I'll be happy to be more reckless with my share purchases. Till then its a "scale in and buy the dips" strategy.

All comes down to confidence in the end, and the share price tell's it's own story so wise to be cautious (IMO)
Posted at 04/12/2007 11:31 by knowing
MARKETING services company Real Affinity has warned it will only make a small operating profit before costs in the six months to September 30.

The Bradford company recently restructured into two divisions and said yesterday that its longer-term prospects are more encouraging.

"The company's trading performance has yet to reflect the benefits of the restructuring," the group said in a statement.

It will announce its interim results later this month.

Real Affinity chairman John Ross is supporting the company through a combination of loans and equity investment.

Red Kite Capital Partners, a company controlled by Mr Ross, agreed to provide the group with a £1m funding facility in August.

The group said yesterday that its share price had been below the par value of the shares for several months and it was considering reorganising the share capital to make the shares more attractive to investors and to provide more visibility in the market. That will be subject to shareholder approval at an extraordinary general meeting.

In October the group appoint-ed new finance director Martyn Archer after a period of uncertainty following the departure of chief executive Gerard Corcoran who left in July four months after he warned that full-year turn-over wouldn't meet expectations.

The full article contains 236 words and appears in n/a newspaper.Last Updated: 04 December 2007 8:22 AM
Posted at 04/12/2007 09:48 by dusseldorf
I'm afraid below is one of the worst statements any AIM company which is underperforming can make on the stockmarket. All those holding millions will be squeezed out and interest will wain....Just because the co. wants to make the price attractive to new investors (i.e. further placements after these convertible loans (which are ontop of the outstanding £2m convertibles) does not mean existing holders get a good deal - in fact I'd suggest the opposite is the case. Good luck to those hanging around, but I'd suggest a sharp exit if there is any trading spike due to price manipulation. Will revisit 6 months after consolidation but not before.

Shareholders will be aware that the Company's share price has for
several months been below the par value of the shares. The Board is
considering implementing a reorganisation of the share capital
(subject to shareholder approval at an extraordinary general meeting)
to make the shares more attractive to new investors and to provide
more visibility to the market.
Posted at 03/12/2007 11:30 by the_owl
Ok, its a start, Order in for few more...

FWIW, now is the time to consolidate (assuming profits are starting to arrive), but will need to be 1000:1 to get above the 10p mark to be attractive to investors otherwise will be shorters heaven. At these levels few instis can buy. (worth remembering "Attractive to Investors" mean instis & Directors not you and me ...lol).

At this price they cannot place shares, and as we know getting bank funds/loans right now for very risky companies is nigh impossible- so they need to deliver quick as poss.

With the companies on their list, this should be possible, hence why adding cautiously (even if biggest deal of day so far ...:-)
Posted at 09/10/2007 21:45 by don muang
>Why should one share ones gains or losses ? That is a private matter.

Agreed .... providing one does not keep pushing the stock as a multi-bagger.
I'd have thought any long term holder who has confidence in it would sit back, relax, wait for events to take their course, and just post at significant occasions... as opposed to posting dummy buy info ?

Anyway, obviously we've got different viewpoints (with you as a holder at an average of .??p and me as a potential investor with it on my watchlist) .... so I'll leave you to it to await events....
Posted at 08/10/2007 11:19 by don muang
... . I presume the placing you're referring to was: '770,153,843 new Ordinary shares at 0.13p per share - of which #879,200 has been arranged by HB Corporate'...

interesting return the 'investors' flogged placing shares over the phone have had... so if that's a recovery stock then I hate to think what is considered a naff one...

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