||EPS - Basic
||Market Cap (m)
TV Commerce Share Discussion Threads
Showing 251 to 275 of 275 messages
In the past when I have held shares as certificates and the company has changed their name, the registrars didn't issue new share certificates, I just kept the old ones, for example RJB mining (RJB) morphed into UK coal (UKC), I subsequently transfered my RJB certs into a nominee account and they appeared as UK coal. I suspect the same thing will happen with TVC/MOA|
ticker is GOA
anyone got a new share cirt to replace TVC ?|
|I read it yesterday :-s.
Talk about getting out of the fire into the frying pan IMHO.|
|TV COMMERCE HOLDINGS PLC
("TV Commerce' or 'the Company")
Proposed change of name to Gemstones of Africa Group plc
The Board of TV Commerce Holdings Plc, (AIM:TVC), today proposes that the name of the
Company should be changed from TV Commerce
Holdings Plc to Gemstones of Africa Group plc. Under the Companies Act, a change of name
requires the passing of a special resolution of
Shareholders at an Extraordinary General Meeting "EGM")
Background to and reasons for a change of name
The Board believe that the name change is necessary to reflect the investing strategy of
the Company. The Company's strategy is to
invest in, participate in joint ventures with or acquire one or more companies or businesses
in, the natural resource sector in Africa,
although it will also consider other geographical areas if the Board deem an opportunity to be
The Directors believe that the natural resource sector is capable of delivering attractive
levels of investment return and that there
are a number of companies in this sector that would benefit from greater access to capital,
quoted profile and support.
Your Board believes that the proposed change of name better reflects the change in the
Company's strategy and is in the best interests
of the Company and its shareholders and that the change should be made as soon as possible.|
MC around £6mln.
|Acquisition news imminent.
However, with current MC at around £3,000,000 and minimal assets (along with no doubt a massive share issue to fund things) would be warned to be careful!|
|TV Commerce shares restored to trading on AIM
LONDON (Thomson Financial) - TV Commerce Holdings Plc. said trading of its
shares on AIM has been restored, after the appointment of Dowgate Capital
Advisers Ltd. as nominated adviser to the company, and of Dowgate Capital
Stockbrokers Ltd. as broker.
Trading in TV Commerce's shares was suspended on March 17 at the media and
entertainment company's request.|
|Well I got my cheque through the post today, so what happens next I wonder, suspension followed by a wind up, or will another (unquoted) company reverse into it, any ideas?|
|LONDON (Thomson Financial) - TV Commerce Holdings PLC's shares have been
temporarily suspended on the Alternative Investment Market (AIM) at the media
and entertainment company's request.|
|So potentially 0.7p per share, with current share price being 0.25/0.50p ??
Are we missing something ?|
|So it looks like we are going to get something back after all
Maybe up to 0.7p/share by my calculations, but I wonder how the payment will be treated from a tax perspective (hopefully NOT a dividend).
Also, will the company be wound up, if so (and the shares are effectively disposed of), original (EIS) subscribers in the shares should be able to claim an income tax rebate to part compensate for their losses.|
|Some news at last (released after hours)
I'm not sure what it all means, but I suspect it means that Vince will try to raise more money from more gullibles for another "get rich quick" scheme, rather than return what's left (from his last miserable failed adventure) to long suffering shareholders. Needless to say I'm not that optimistic!
01 October 2007
TEMPORARY SUSPENSION OF TRADING ON AIM
TV COMMERCE HOLDINGS PLC
At the request of the company trading on AIM for the under-mentioned securities
has been temporarily suspended from 01/10/2007 7:30am pending publication of the
company's half-yearly report.|
|Only small trades coming through at present.
Is there still life left in this old dog yet ?!?!?|
|On line offer now upto 0.85p - any more buys and I expect a tick up to 0.75/1.25.|
|At least a bit of positive trading today.|
64mil shares = about a penny a share...
not worth selling at 0.2p !|
|' Board considering options to preserve shareholder value'
'preserve'? Well they haven't done so well with that idea,down 90% ish since ipo. I'm still hanging on with this disaster,it's simply not worth selling down here.|
|TV Commerce Holdings PLC ("TV Commerce" or the "Group"), today reports it's
Preliminary Results for the year-ended 31 December 2006.
Highlights / recent activity
* Turnover of #2,293,272 (2005: #723,992) with a pre-tax profit of
#146,200 (2005: loss of #551,389)
* Cash balance to the end of June 2007 of #492,000
* Closure of TV Commerce Limited 28 February 2007
* Board considering options to preserve shareholder value.
Commenting on the results TV Commerce Chief Executive Vince Stanzione said:
The growth in the business in the year to December 2006 and after contributed to
the Group's resulting positive cash balance at June 2007. The closure of the TV
Commerce Limited was a difficult decision but one which I believe was in the
best interests of Shareholders."|
|ive seen companies in this sort of situation just go bust, then the management buys the assets off the recievers for nothing, and off they go again..
or will vince wind it up, sell the assets, and return any cash to us ?
is there anything in the business to sell ?|
|... "Andrew Mintern and Vince Stanzione will remain as directors of the Company to
finalise and oversee plans to return any cash retained by the Company to
shareholders as soon as practicable.
The Board anticipates that it will be in a position to update Shareholders on
progress in this regard by the time of the publication of the Group's annual
report and financial statement for the year ended 31 December 2006, in April
|weren't they supposed to announce something in April on returning some of the remaining cash (if any) to shareholders??? Well guess they must have spent it on good things|
|Yeh, and look out for low flying pigs.|
|Looks like kipper85 was spot on|