ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

SC. Supercart

0.30
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Supercart LSE:SC. London Ordinary Share GB0034211036 ORD 0.4P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.30 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.30 GBX

Supercart Plc (SC.) Latest News

Real-Time news about Supercart (London Stock Exchange): 0 recent articles

Supercart Plc (SC.) Discussions and Chat

Supercart Plc Forums and Chat

Date Time Title Posts
24/4/201622:53Supercart - on a roll?680
29/12/200700:37The Empirical Chronicles of Space Cowboy21

Add a New Thread

Supercart Plc (SC.) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Supercart Plc (SC.) Top Chat Posts

Top Posts
Posted at 24/4/2016 22:53 by veritatis
STREET INSIDER today "Santander Consumer USA (SC) Said to Attract Takeover Interest"

Tuesday 26 we will know not only the results, they may communicate corporate interest or actions
Posted at 27/12/2012 14:24 by tivoliworldgaming
Why the rise when this share will no longer be around after the 2nd of January?.
Posted at 19/12/2012 11:13 by masurenguy
This delisting has been the likely outcome here for quite a long time. Apparently they also can't even get their accounts audited and published within 6 months of the year end now!

Masurenguy - 30 Jul'10 - 494: I cannot really see any sense in them maintaining the cost of a public listing. If the same "main shareholders" are prepared to provide further funding, they might consider combining this with a simultaneous delisting as the annual cost of maintaing an AIM listing is circa £200,000 per annum. It looks as though the most likely options here are
a) No further funding can be raised and the company goes into administration
b) Existing shareholders fund a low priced MBO (sub 1p a share?) and refinance the business as a privately held company with the longer term exit strategy of a trade sale if profitability can ever be achieved. IMV, whatever the outcome, I find it hard to see a future return here for PI shareholders !

RNS Number : 8573T - 19 December 2012: "the Company will not be in a position to publish the report and accounts before 31 December 2012, as required by the AIM Rules.....the Company's shares will be suspended with effect from 7.30am on Wednesday 2 January 2013, pending publication of the report and accounts..........a General Meeting has been convened for 11 January 2013 at which shareholders will be asked to consider a resolution to cancel the admission of the Company's ordinary shares to trading on AIM.........Notwithstanding the potential suspension of trading from 2 January 2013, should the resolution be approved at the General Meeting to be held on 11 January 2013, dealings in the Company's ordinary shares on
AIM will be cancelled with effect from 7.00am on 21 January 2013."

Suspended before they can even delist - what a truly incredible achievement !
Posted at 11/12/2012 13:47 by nikesh
Sorry I meant moving into profitability, I am expecting only a small loss next year once off the markets. It takes money to make money!!

The share were always ridiculously priced when they floated. I believe it is undervalued at this price. Would not mind snapping this up at its current market cap.
Researched Venture Holdings: Larry WInget seems interesting with his history, but have called to confirm with the company that they did receive the funds this year circa 550k gbp.

Im here for a punt.
Posted at 11/12/2012 13:29 by the drewster
Profitable?? Who told you that?

Funds raised since listing on AIM 7 years ago
04 Feb 2004: Raised £4.0m by placing 8,000,000 Shares at 50p per share (IPO).
03 Nov 2006: Raised £1.2m by placing of 15,000,000 Shares at 8p per share.
22 Nov 2007: Raised £1.6m by placing of 8,000,000 Shares at 20p per share.
23 Nov 2008: Raised £1.0m by placing of 5,000,000 Shares at 20p per share.
26 June 2009: Raised £1.4m by placing of 15,000,000 Shares at 10p per share.
23 Nov 2010: Raised £1.4m by placing 70,000,000 Shares at 2p per share
19 Jul 2012: Raised £0.75m by placing 30,000,000 at 2.5p per share.
Total funds of £11.35m raised to date.
Posted at 19/7/2012 08:37 by the drewster
Masurenguy wrote "19 Jul 2012: Raised £0.75m by placing 55,656,994 at 2.5p per share.
Total funds of £11.35m raised to date."

Not quite.

They issued the 55m or so to satisfy some borrowings, they then issued a further 30m at 2.5p to raise the £0.75m
Posted at 19/7/2012 06:30 by masurenguy
LOL - another fundraising raising !

RNS Number : 9996H
Supercart PLC
19 July 2012

Subscription of 30,000,000 New Ordinary Shares at 2.5 pence per share and
Issue of 55,656,994 New Ordinary Shares by Capitalisation of Loan at
2.5 pence per share. Waiver from the provisions of Rule 9 of the Takeover Code

Supercart is pleased to announce that it proposes to raise £750,000 from a Subscription of 30,000,000 New Ordinary Shares by Venture Holdings. The Company will also issue a further 55,656,994 New Ordinary Shares to Venture Holdings for the capitalisation of certain existing loans from Venture Holdings to Supercart. The New Ordinary Shares are to be issued at a price of 2.5p per share which represents a premium of 203% to the closing mid market price of 0.825 pence as at 18 July 2012.

The Company's interim results statement for the period ended 31 December 2011 was made on 30 March 2012 in which the Directors stated that they believed the Company required further equity or debt funding to meet working capital requirements for the coming months. Although 2011 was a year of progress, the level of success was lower than expected. So far in 2012, the European market has seen reduced demand because of the financial difficulties being experienced by our distributor Caddie SA. This has contributed to the diminution of sales in this region. In the Company's other key markets of South Africa and North America, however, the Company has seen an increase in unit sales and the Directors remain cautiously optimistic that the growth trend will continue.



Funds raised since listing on AIM 7 years ago
04 Feb 2004: Raised £4.0m by placing 8,000,000 Shares at 50p per share (IPO).
03 Nov 2006: Raised £1.2m by placing of 15,000,000 Shares at 8p per share.
22 Nov 2007: Raised £1.6m by placing of 8,000,000 Shares at 20p per share.
23 Nov 2008: Raised £1.0m by placing of 5,000,000 Shares at 20p per share.
26 June 2009: Raised £1.4m by placing of 15,000,000 Shares at 10p per share.
23 Nov 2010: Raised £1.4m by placing 70,000,000 Shares at 2p per share
19 Jul 2012: Raised £0.75m by placing 30,000,000 at 2.5p per share. (edited)
Total funds of £11.35m raised to date.
Posted at 21/11/2011 10:14 by src123
There's a dicrepancy in the number of shares issued since joining AIM and the number of shares as stated in the latest results. That can never be a good thing!


Funds raised since listing on AIM 7 years ago
04 Feb 2004: Raised £4.0m by placing 8,000,000 Shares at 50p per share (IPO).
03 Nov 2006: Raised £1.2m by placing of 15,000,000 Shares at 8p per share.
22 Nov 2007: Raised £1.6m by placing of 8,000,000 Shares at 20p per share.
23 Nov 2008: Raised £1.0m by placing of 5,000,000 Shares at 20p per share.
26 June 2009: Raised £1.4m by placing of 15,000,000 Shares at 10p per share.
23 Nov 2010: Raised £1.4m by placing 70,000,000 Shares at 2p per share
Total funds of £10.6m raised to date.
Posted at 18/11/2011 14:56 by masurenguy
Another annual report and another seven figure loss !
Annual losses have been reported every year since listing on AIM 7 years ago.

Year: Loss
2004: £800k
2005: £700k
2006: £700k
2007: £800k
2008: £1200k
2009: £2175k
2011: £1125k (18 months)
Total: £7500k

Funds raised since listing on AIM 7 years ago
04 Feb 2004: Raised £4.0m by placing 8,000,000 Shares at 50p per share (IPO).
03 Nov 2006: Raised £1.2m by placing of 15,000,000 Shares at 8p per share.
22 Nov 2007: Raised £1.6m by placing of 8,000,000 Shares at 20p per share.
23 Nov 2008: Raised £1.0m by placing of 5,000,000 Shares at 20p per share.
26 June 2009: Raised £1.4m by placing of 15,000,000 Shares at 10p per share.
23 Nov 2010: Raised £1.4m by placing 70,000,000 Shares at 2p per share
Total funds of £10.6m raised to date.

Mike Wolfe, Chief Executive, commenting on the results said: ""We are encouraged that the Company continues to move towards profitability......I believe that we have good reasons for viewing these results with the optimism they deserve." However, the fiscal period just reported represented the fifth largest loss that they have made over the past 7 years. They haven't initiated their annual placing yet this year but with a cash balance of only £79K it's probably not unrealistic to assume that another could be in the pipeline !

Current market cap @1.75p is now just £1.1m.
Posted at 01/10/2011 08:37 by kinghorm23
TOPINFO - 5 Sep'11 - 13:41 - 585 of 604





TOPINFO - 26 May'09 - 08:00 - 340 of 583


David Parker...No matter how much SC. rises or doesnt rise I couldnt bring myself to buy a company that sells F@@king plastic shopping trolleys.!!!

TOPINFO - 26 May'09 - 08:30 - 348 of 583


Its sold a few plastic trolleys to a corner shop in America, hardly earth shattering, but where theres a sucker theres a market maker selling them.!!!

TOPINFO - 5 Sep'11 - 13:41 - 585 of 604

SC. sold down to these low levels but with that positive trading statement they should bounce from here and it could be quite swift!!




TOPINFO - 5 Sep'11 - 13:42 - 586 of 604


Supercart. The best thing is that this is one of Hatetraders stocks, but he used to be ramping it at 20pish and now you can buy at 2.5p level. LOL.

In for some SC. for the innevitable bounce!

TOPINFO - 5 Sep'11 - 13:42 - 587 of 604


Supercart. The best thing is that this is one of Hatetraders stocks, but he used to be ramping it at 20pish and now you can buy at 2.5p level. LOL.

In for some SC. for the innevitable bounce!

Kinghorm23 - 5 Sep'11 - 13:43 - 588 of 604 edit

TOPINFO - 26 May'09 - 08:30 - 348 of 583


Its sold a few plastic trolleys to a corner shop in America, hardly earth shattering, but where theres a sucker theres a market maker selling them.!!!



TOPINFO - 5 Sep'11 - 14:01 - 591 of 604

Yep does look cheap now. This could be a strong bounce now. At 20p it was overvalued at 2.5p its seriously cheap now given these numbers and the increase in sales and profits.
Supercart Plc share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock