||EPS - Basic
||Market Cap (m)
|Health Care Equipment & Services
Robotic Technology Share Discussion Threads
Showing 1876 to 1899 of 1900 messages
|Yes nice suprise|
|Not sure if anyone else did not sell out. However, the Robotic Legacy company, which holds the legacy assets including the loan notes, paid out a divi of £210 a share today.|
|Rounded down. Practically speaking what options are there other than to accept?|
joan of arc
|£500 per share which equates to 2p per old share.|
|What exactly was the offer ?|
|Takeover offer for Hephaestus looks low ball....|
|bachellor - I am not particularly hopeful. I think we are going to be given two unpalatable alternatives, but maybe I am an old cynic.|
|AGM IN JUNE 2011.. LETS HOPE|
|I was just watching from the sidelines, im not a holder but would have been up for a punt with some risk to the upside and limited down side. At no stage in the last year or so since it was on my watch list has such a situation ever been apparent. Just every increasing gross miss management and nothing else, shareholders must be fairly angry to say the least.
Im sorry for anyone left holding, but as you freely admit Joan you had your chance but missed it.|
|So basically a case of incompetence compounded with subterfuge. I should have sold the lot a couple of months ago instead of just a portion. That's what comes of being lazy!|
joan of arc
|I have to say I am not optimistic. The value of a reverse takeover to the target company is normally to obtain a listing, which is being given up, so apart from cash and legacy assets its hard to see what HEP has to offer. We have little option but to sit tight and keep our fingers crossed. Not an investment position I welcome finding myself in.|
|Whats to say, its all moving in the right direction so as existing shareholders get slowly wiped out and left with nothing just as we predicted.
In particular like this: The Company also does not possess sufficient distributable reserves to pay a substantial dividend.
To translate this coupled with the savings on the de-listing:
"Although we extended to loan notes to 2014, they still look worthless and we expect this situation not to change. However in order for us to find out for sure, we are undertaking this plan so as to be able to maximise and pay ourselves our salary for the next 4 years to find out"|
|Has no one got anything to say about this reverse takeover?!!|
joan of arc
|Let us hope som due diligence has been going on over the past weeks and to bring us a deal which will focus on the future...|
|True, but the same comment re seeing it still applies.|
joan of arc
|Don't forget the cash they are holding which is a little more than the current market cap. The loan notes and anything else are additional.|
|Chrisdgb, what are you talking about? There is zero value here other than the discounted value of the outstanding loans - which of course you may never see!|
joan of arc
|Agree with that, you have to look forward and there is tremendous value here..|
|The new CEO is the guy who owns the company which has a 28.4% shareholding in HEP. One of the things which always unsettled me about this company was the small Director holdings. For better or worse, at least his interests ought to be aligned with ours.|
|Some nice buys ticking through....should move up soon and let us hope the deal is sufficiently exciting for you e..|
|Oh yea great news! Keeping the "in-breeding" in house so to speak, yes good idea after all we wouldn't want to lose any of that fantastic talent would we.|
|Great to see new CEO.....initial target discussions begun....new adviser....all set to move for HEP now....top up soon I think..|
|I know what could happen, some Arab who dont speak english to good and accidently had a tipple of white wine thinking it was apple juice drunkenly bumps into the CEO at a party, gets talking to him in the toilet completely misunderstands everything and offers to buy the business for 500 Million.
The next day, since he was not used to alcohol, he is so hung over he sends his lawyer off to complete the deal and transfer the cash.
Its perfectly plausible (hopefully).
Mind you that would leave the problem of the board trying to invest the cash on behalf of the shareholders. ahem, cough.|
|chrisdgb - yes, you are correct. If they bought a company which had a number of separate businesses within that company, and they sold off one or more of these businesses at a profit, then you could use capital losses to offset. However, more usually companies have the foresight to put separate activities in separate companies, to give themselves the flexibility to sell without incurring tax charges. That's certainly what happens in the Group I work for, for just that reason.
Joan of Arc - sure, I will flag up near the time, and will be happy to pose any incisive questions that you or others would like answered. Hopefully by that time the Directors will have progressed in their search for an acquisition. My understanding is that they have to do this within a year of divesting their trade, as otherwise their listing is cancelled.|