Venue Solutions Share Discussion Threads

[treacle28] 03/4/2009 08:27

0.60-0.65, 1 v 1.

[dell314] 03/4/2009 08:26

Treacle - You haven't asked me which listing rule I belive they are breaking and whether you think I should report it to:
[e-mail]

Rgds
dell

[treacle28] 03/4/2009 08:24

Was showing 5p bid for a few seconds!

0.50-0.65p, 2 v 1. The next MM on 0.70p offer and then 0.80p offer.

[treacle28] 03/4/2009 08:03

160K buy at 0.61p...some see more sense.

[treacle28] 03/4/2009 08:00

1p + today?

[dell314] 03/4/2009 08:00

Treacle -

1. That was before the company's main operating subsidiary went into administration.

2. It's four months since the announcement stating that further details of financing discussions were to be released shortly. We've heard nothing about it since.

3. I'd suggest that directors are feeling very silly now to have rejected earlier cash proposals.

4. I'm surprised that this hasn't been suspended pending clarification of its financial position and it also appears to be in contravention of the listing rules.

All IMHO, DYOR etc.

Rgds
dell

[treacle28] 03/4/2009 07:54

dell314 - 3 Apr'09 - 07:51 - 636 of 636 (Filtered)

There was money on the table at 4p which was considered too low...early start for you...you off to the LSE site now having already been on iii?

2nd DECEMBER UPDATE

Venue has announced the insolvent winding up of VSL. The Board states that VSL was a non-operating company but it has produced most of the revenue ever generated by the Venue Group. With Alton Towers shut for the winter, Venue currently has no source of revenue. Shareholders will be aware that, now it has been ejected from its offices and sacked most of its staff, Venue's major ongoing cost is that of its Board. The announcement of new capital, though welcome, provides only partial information. We believe that the £210,000 subscription may have taken place some time ago and may already have been used to meet existing debts and obligations. The remainder of the investment is not yet firm. If it materialises, it is to be hoped that it will be at or above the value of the investment approaches received by the Board in the Summer. At that time, Mr Iny rejected a proposed investment of 4 pence per share as too low and dilutive. With the share price now moving between 0.5 pence and 1.5 pence, it is to be hoped that the terms he secures will be better and that the Venue Board will make full disclosure of the identity of any new investor and the terms on which such investor makes its investment. It is also to be hoped that the Board of Venue will soon make a clear announcement of its future strategy, long term funding arrangements and management structure.

[dell314] 03/4/2009 07:51

Treacle - Were you really sitting there hitting refresh and Googling until nearly midnight last night and why are you posting rubbish about restricted stock availability?

Heading for close yesterday, level 2 was 1 bid v. 3 offer and you could buy below the offer at 0.60p. Conversely, you couldn't even sell 50k online!

And Stephen Thomson's August comments look pretty stupid with hindsight, don't they? Or haven't you realised that VSH's main operating subsidiary was placed in administration at the end of November to protect the holding company from insolvency?

Rgds
dell

All IMHO, DYOR etc.

[treacle28] 02/4/2009 23:40

From the Interims at the end of Aug 08:- company optimistic about being in profit as well. This gets better and better with more research I do.

Stephen Thomson, Chairman, commented:

"Following the successful conclusion of the YourDay installation the overheads
of Company will be significantly reduced over the next three months, taking it
into profitability as income will begin to considerably outweigh expenditure.
After an extended period of change, reorganisation and refocusing, we believe
that operationally and financially we are on a much sounder footing and look
forward to the future with confidence."

[treacle28] 02/4/2009 21:09

OK, so you want to be the star AND the director?
Multi-ride YourDay DVD: Up to £19.99
You choose which of the featured rides you want included in YOUR movie – we'll gather all the magic and moments of your whole day in up to 20 minutes* of thrilling movie footage... with you as the Star in every single ride!

Was one ride EXTRA special?

Single Ride YourDay DVD: £6.99
Want to prove how you held your nerve on Nemesis or conquered the Corkscrew? Choose any single featured ride and we'll sort you out with a movie of epic evidence!

Just come to the YourDay shop on Towers Street at the end of your visit and hand in your wristband to create your unique movie - you can even watch a short preview.

[treacle28] 02/4/2009 21:07

Here at Alton Towers we're usually the first to do exciting new things, and YourDay is no exception.

YourDay is the next generation in video souvenirs using state-of-the-art camera, RFID and software technologies to create specially personalised footage on a DVD. If you've ever wanted to star in your own movie, now's your chance!

Next time you visit Alton Towers, collect a free wristband from the YourDay shop on Towers Street when you arrive. At the end of your visit, you can take home a unique personalised movie featuring you and your friends and family having a great day out.

[double6] 02/4/2009 21:06

Come on smiler - get your bolinger bands on!

[treacle28] 02/4/2009 20:55

The Chief Executive Oliver Iny holds 5,962,001 8.55% of the shares as of June 2008 when the article posted suggests that 4p on the table for investment was rejected as too low.



Prior to that placing had been carried out at 4p in Feb 2008 and others in double digit prices as shown in the above link.

[treacle28] 02/4/2009 20:48

Market makers wouldn't let anyone buy more than 100,000 shares this afternoon without paying premiums...why sell too much stock at these levels when money on the table at 4p was turned down. This time last year, the price spiked to 4.50p from 1.00p...maybe same again. 4p is a reasonable target and conservative one actually as management want any investor to pay higher than 4p. Also, the company in itself are very much looking forward to Alton Towers opening and ads for Alton Towers in the papers nearly every day now. The below may also happen:-

'We are currently in discussions concerning theme parks in
England, the Middle East, Australia and the USA and would expect to be able to
make further announcements in early 2009'.

[santa14] 02/4/2009 20:24

ps

u caught short no doubt...

pps the trend is my friend...

LOL

[santa14] 02/4/2009 20:20

glue you got da flu :)

pmsl

[double6] 02/4/2009 20:14

LOL!

As though treacle didn't disappear from his pumps once he's dumped.

Don't forget - he's nearly sold up here!

Come tomorrow lunch time, he'll be nowhere to be seen here!

[treacle28] 02/4/2009 20:08

Money on the table here was knocked back at 4p as per article posted previously.

[double6] 02/4/2009 20:07

LOL!

As though you don't post on LSE ??

keepitsimple my boy!

[treacle28] 02/4/2009 20:06

double6 - 2 Apr'09 - 20:04 - 619 of 619 (Filtered)

Another ramping TWL on LSE Site as Stalker alias.

[double6] 02/4/2009 20:04

IMHO The 2 x 100k sells late in the day are SMILER / TREACLE.

Keep an eye out for the third lot in the morning.