Sarantel Share Discussion Threads

[briggs1209] 04/4/2013 00:28

Surprised with the relative strength considering yet more bad news. Maybe the low-ball bid of 85c that was being muted earlier this year will put a floor under the price. A low bid takeover now looks more likely.

As for Canada... I'll keep my Coastal

[chessman2] 04/4/2013 00:01

Cash, Perhaps I am not clever enough to second guess the Canucks. I think I will continue to stick with DGO, TLW, HOIL, SIA, GKP, PMO and XEL and ignore the many other choices.

I'm underwater with XEL but hopefully they will soon improve!?

[cashandcard] 03/4/2013 18:43

chessman2,

Anything connected to Canada?

I'm in AOI and its one of the few that has given me stellar returns and continues to look like it will deliver. But I guess you can put much of their success down to Tullow Oil in East Africa.

Cash

[cashandcard] 03/4/2013 18:42

Terrible news, but atleast this update is more concrete than some of the previous ones and finally one can see the light at the end of the Breagh Alpha tunnel.

Agreed however is how utterly distressing this has been for long suffering shareholders.

Cash

[lanaken] 03/4/2013 18:31

Difficult to disagree with chessman2(too)

[chessman2] 03/4/2013 18:24

The lesson learnt by me is that in future I will not touch anything connected to Canada.

Another disappointment following Antrim Energy.

[maca1212] 03/4/2013 18:15

For those that want to understand some of the tech:



Apologies if it's been posted before.

[lanaken] 03/4/2013 18:14

Can't disagree with that analysis.

[wulwirth] 01/4/2013 18:33

Same old stuff...imho.

[flopinfo] 01/4/2013 15:50

and then they failed.

Too much over promise underdelivery from anyone connected to old management. this needs new Management or sold to a bigger Company who can deliver.

What happened to LRD ? Laird ? They seem a good company in this Antennae space. £600m Market Cap.

[wulwirth] 01/4/2013 10:58

Flopinfo, that's an age old argument, didn't the bod buy the company and shareholders time "during world recession".

[flopinfo] 01/4/2013 00:28

£5m might keep them going for 2 years or 3 years if they get rid of the CEO.

That might be enough time to get a consumer market breakthrough.

[wulwirth] 31/3/2013 22:08

Plunge sure you will find he's part of a group working the boards a Conman..Like many stocks in recession at low, they aren'worth selling, move to another and get double loss IMO. After saying that I thought the writing was on the wall for slg. I traded these a few times last year. any recent buyers did well, mr hindsight speaks lol.

[investopia] 31/3/2013 20:32

I still remain fully invested too.

But that means squat compared to what it once meant!

[plunge] 31/3/2013 20:03

wulwith - I have just had a quick look and now realise who you mean.

However, it would still be interesting to see whether he is prepared to relent on his more recent comments about the Company's imminent demise.

The risk of administration has certainly been removed in the short-to-medium term and its patent/IP portfolio does offer a lot of hidden value. In the case of the latter, I feel it was the major shareholders who did not want to see these go cheaply. And it is they who are now calling all the shots.

In a perverse sort of way, I believe SLG's unfolding story this year alone has been very encouraging. I still remain fully invested.

[wulwirth] 31/3/2013 18:16

Plunge he was converted to cefax lol I know who he is on iii.

[plunge] 31/3/2013 17:57

Taken from the latest 2012 report & accounts:

"If a sale does proceed, the sale proceeds, after repayment of the Group's liabilities, including the outstanding HSBC loan facility in full, would be broadly in line with the current market value of the Group".

The share price was +/-0.25p on the last working day before this announcement. Therefore, does this imply the current share price of 0.20p is good for at least another 25% increase? I believe so, especially since its recent funding success and more to come.

Further, anyone buying now in the open market presumably qualifies for the discounted rights offer of 0.1p per share. I eagerly await the terms of this. Perhaps late comers to this Company will make some money.

[plunge] 29/3/2013 13:52

wulwirth

Do you know what happened to your arch-rival on this board, woracle? I do miss his/her contribution.

[wulwirth] 29/3/2013 13:17

Those that had the forsight to buy on low certainly coined it in. Mr hindsight again.

[plunge] 29/3/2013 12:41

Taken from the recent Placing and Corporate Update RNS

" ..... the Company intends to raise up to a further £4.75 million by way of a further equity issue at the Placing Price as soon as practicable following the Placing ...."

This suggests the Company is eager for funding. Why? Perhaps this heralds SLG's long awaited breakthrough in consumer electronics. Says me hoping!

That said, the last time it went 'cap in hand' was to finance its largest military order.