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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Sunkar | SKR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.805 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.805 |
| Top Posts |
|---|
Posted at 06/4/2016 08:54 by targatarga Rivo - probblem with scams is they're normally selling a bloody good story.Investors are canon fodder. gla tt |
Posted at 24/3/2015 21:56 by oilbethere Thanks guysGekks, whom do you broker through? I was with NatWest Brokerline, but they sold over to TD investor trading. Augustusgloop, UK brokers would still need to be instructed by a UK directive to act upon a compulsory order. As I remember company was delisted on AIM and listed in Kazakhstan. UK Registrar was unsure if they would continue to keep a book, but have not announced otherwise. Agree these guys are crooks but don't want to make it easy for them. Want to keep my now paltry holding to see what happens. IG have kept my other spread position and are rolling it over for free as per my request. My original consideration was around £60,000. Would be good to hear from Faza with his language translating skills to see if he can dig anything up from Kazakhstan releases! How much does it cost to arrange for legs to be broken in Kazakh? |
Posted at 24/8/2014 20:17 by augustusgloop That's possibly why they were willing to pay 1.8p.Once it is an unlisted Kaz company - there are no such issues with appearance. Whilst listed in the uk they had to at least pretend to be fair. With no threat of regulators or press coverage to embarrass anybody from now on - they may instead feel free to steal the rest of your money. They have pocketed £100m of hardworking investors money. Why would you assume that they have any decency. |
Posted at 22/8/2014 13:30 by augustusgloop I see that all information for investors has now been removed from the website.So, you may not even be able to find out if the AGM actually took place. Zero information in the future will probably become the norm for any shareholders that choose not to sell. |
Posted at 20/8/2014 14:45 by augustusgloop Trigger,yes. I think that the alternative may be nothing at all. And a long uncertain wait in the meantime. Once they are a private company, there is no need for a website with information for shareholders. Any information that they send out would probably not be in English. The Kaz rules may or may not require them to send you annual reports - and if they do, they will not be in English. Its a bad situation - the CABAL have made about £100 million - that means that other investors have lost a similar amount. The simple question is: "would you trust SAPC to treat you fairly"? |
Posted at 09/8/2014 17:20 by paulb10 lets see what happens in order to sell this project on, it needs trust from outside international investors. In any negotiations any outside investor will be looking at any previous investor transactions in the company and how these were honourably conducted. If they see that previous western investors in the company were misled then this from a point of view of SAPC makes the job a whole lot harder. If I were SAPC I would say OK lets get on with it, DO we own 90%, YES. Do we try to screw the remaining 10%, No!, because we decide what happens next, We decide at what price, and at what time, we sell to whoever we wish, and the remaining investors can just accept our decisions. But SAPC will also be mindful of politics and the fact that with such an asset it is important not to be viewed individually or as a region as fair and honest reasonable partners. |
Posted at 25/7/2014 18:35 by oilbethere Sent todayDear Mr William McDonald I understand that you are the contact regarding investor complaints regarding the proposed takeover of AIM listed Sunkar Resources. I would like to add my name to the other private investors, who have asked for the takeover to be investigated. The share price has been manipulated to a fraction of its IPO price. Responsible advisers have valued the resource as worth £2billion. Sun are attempting to get to a position to enforce a compulsory purchase valuing the company at aprox. £5million. The directors have persistently promised sales and revenues over a number of years, which have consistently failed to appear. Personally I have seen a paper loss of over 95% amounting to £60,000. I, like many private investors, feel that the share price of Sunkar has been artificially managed to permit a low price takeover and delisting, following which if successful the true value of the asset would be realised for the new owners. As an investor in this AIM share, I would be grateful if you could fully investigate this company and its activities before it is allowed to delist from AIM! Yours sincerely, |
Posted at 02/7/2014 21:45 by paulb10 faza take over OF WHAT, the price to take out private investors nothing else THIS IS A TACTIC to dump the PIs. In order for SAPC to gain 90% of the shares to force out all private investors TO ALLOW SAPC to offer 100% of the business up for sale to a third party. I think that they are probably in private discussion with a third party at this time as we speak. I think that the third party has already agreed a tentative price offer for the company but only if they can buy 100% of the company without any interference down the line. |
Posted at 18/6/2014 20:08 by faza3 ABOUT - AND OUR MISSION STATEMENT BACKGROUND INFORMATION ON THE UK INDIVIDUAL SHAREHOLDERS SOCIETY ShareSoc is dedicated to the support of individual investors (private shareholders as opposed to institutional investors - although directors or employees of institutions can join as individual members if they wish). Our aim is to make and keep you better informed so as to improve your investment skills, and protect the value of your investments. We won't shirk from tackling companies, the Government or other institutions if we think you are not being treated fairly. There has been a long term decline in the UK in direct holdings of shares. Institutions and the Government have encouraged people to move into "collective" investment vehicles but this has resulted in high management charges (with erosion of your wealth), and the corruption of shareholder democracy. For our full mission statement: > Objects . THE NEED TO SPEAK WITH ONE VOICE Many of the faults in the UK share investment scene arise from private shareholders having no voice. |
Posted at 12/5/2014 12:59 by faza3 Nazarbayev Announces Plans for New Major Incentives for Foreign Investors10 Best Law cases in history (TopTipsNews - UK) BY MERUERT NEMERBAYEVA in BUSINESS on 5 MAY PresidentASTANA Kazakhstan will make a major move to attract more foreign investors this year when it passes a new law to create better conditions for them, President Nursultan Nazarbayev announced at the official opening session of the Asian Development Bank's 47th annual board of governors meeting here on May 4. Addressing the more than 2,000 delegates to the meeting from 64 ADB member countries, President Nazarbayev said the country will accelerate progress in the area of attracting investments as a key component of the country's efforts to ensure sustainable economic growth. "The basis of our economy is active work aimed at attraction of investments, both foreign and domestic. We are eager to create as favourable investment climate as possible," he noted. The President further added that a new law fostering foreign investments will be adopted in Kazakhstan this year. Under the bill, investors will be exempt from corporate income tax for ten years, which would be a significant relief for investing businesses. Besides, the law will also bring about the payment of investment subsidies and ease in the processes of bringing foreign labour into the country. The new legal act will also provide for further stability and predictability of business-related legislation in Kazakhstan. With regard to administrative procedures, Nazarbayev proposed a "one stop shop" investment mechanism and said the institute of Investment Ombudsman for cooperation with investors has been established. In his remarks, noting the 20th anniversary of cooperation between Kazakhstan and ADB, the President said the bank invested around $3.5 billion during the period. Since last year, Kazakhstan began acting as a donor within the Bank's activities. "Kazakhstan has signed agreements on mutual protection of investments with 14 Asian countries. The share of investments from Asia reached 17 percent of the total investments [in Kazakhstan] in 2013," the President said. "The ADB is a major source of long-term investments to the countries of Central Asia, Middle East and South East Asia. Moreover, the credibility of the bank spreads beyond the Asia-Pacific region, which is proved by participation in Bank's activities by such leading countries as the U.S., Canada, and Germany." Speaking of Kazakhstan's attractiveness to foreign investors, Nazarbayev emphasised "a consecutive phase of the Silk Way renaissance which will definitely be heralded as the new era of Asian development." Kazakhstan is strategically positioned to become a bridge between East and West, he explained. "Our country actively participates in the Central Asian Regional Economic Cooperation (CAREC) programme. Under the programme, jointly with the Bank, we implement a crucial project on the reconstruction of the Western Europe Western China transport corridor," the President said. "The world's most dynamically developing region, including China, India, Japan, South Korea and many other countries, is also the most heavily populated one, which is a basis of the growing market demand," the Kazakh leader said. "According to experts, by 2050 more than half of the world trade, investments and GDP will accumulate in Asia. This trend will be reinforced by growing urbanization, formation of large agglomerations, and increasing manufacturing capacities. This scenario leads to the rise of the region and beginning of the 'age of Asia.'" According to Nazarbayev, Kazakhstan, bordering the region with such enormous growth potential, may well be considered by investors as a hub for creating new chains of value added productions, integration of financial markets, and strengthening of cultural ties and multilateral cooperation. This potential presents new and major opportunities for businesses operating in Kazakhstan. The Kazakh President also underscored that joint activities by Kazakhstan and ABD are aimed at facilitating economic growth in the entire Asian region. "Kazakhstan is among the most attractive investment destinations in the CIS," ADB President Takehiko Nakao said earlier at the same ADB board of governors gathering which lasted from May 2-5. According to the World Bank's Doing Business Index, Kazakhstan is among top 50 countries with the easiest markets to do business in, making it a good choice for international businesses. This helps attracting foreign businesses and diversifying Kazakhstan's economy. Already, more than $190 billion were invested as foreign direct investment in the country since its independence in 1991. |
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