||EPS - Basic
||Market Cap (m)
|Electronic & Electrical Equipment
Real-Time news about Vphase (London Stock Exchange): 0 recent articles
|smithie6: "Melton John 22 Jan'14 - 18:12 - 1038 of 1041 0 0
Smithie, at one time the share price was 8p giving a market cap of £47M, unbelievable."
UK PIs.....many dont seem to bother reading co. accounts ...
or understand the idea of risk or a bad RNS
quite a few sharp share price falls in last year
|bozzy_s: dwalton has explained it very well above. A placing at a whopping 98% discount to share price (when suspended) means existing holders are wiped out, and most likely outcome is someone gets a cheap AIM listing via Henderson's 5 billion shares.
I'm amazed the shares actually went up this afternoon! Henderson could sell some of the placing shares for a 3200% profit!! Never seen anything so mad in my life. Who in their right mind would buy shares for 33 times more than the placing price?|
|briangeeee: I think the big problem they have is the 0.25p nominal share price.
Since they probably can't issues new shares below this, why would anyone in their right mind want to participate in a rescue placing that leaves £3.5m of value with the existing holders. I just don't see it.
If they don't get the placing away, what are their options?|
RNS Number : 3477G
05 June 2013
Press release 5 June 2013
("VPhase" or the "Company" or the "Group")
Statement re. Share Price Movement
VPhase notes the movement today in its share price and announces that it is in the advanced stages of raising equity capital through a non pre-emptive placing of ordinary shares of 0.25p in the Company for cash (the "Placing").
Whilst the Company fully expects the Placing to be successful, in the event that it is not successful, the Company is unlikely to have sufficient funds for its present purposes and the directors will have to consider all options, which may result in little or no value for shareholders of the Company.
Further to the Company's preliminary results announcement dated 25 March 2013, and in line with recent reports in the press, there has been a noticeable slowdown in the demand for energy efficiency products as customers come to terms with the Green Deal and how it impacts them. This has had a short term impact on the Group's performance in the first five months and full year expectations are currently being reviewed.
- Ends -|
|melton john: Bronislav, I hesitate to say the smart money, but a lot of money from some decent guys going/gone into PINN. Couple of new NED's with impressive CV's and a recent fund raising so cash in the bank. Profitable before amortisation and exceptionals and due to consolidate to move share price out of the penny dreadfuls. You could do well but dyor.|
|niggle: I sold these a long time ago and Melted John, hats of you were so right about them being way overvalued. Raising money at .5 p when your share price is 1.2 is putting two fingers up to all the PI's that have diligently supported and invested in this company. It also tells the world that they had no confidence in the share price and highlights what a bunch of novices are running this shambolic company.
Great product handled by a bunch of wan*ers in my opinion.|
Energetix appoints Clare Spottiswoode as chairman
20 May 2011 | 08:18am
StockMarketWire.com - Energetix Group has appointed Clare Spottiswoode as non-executive chairman.
The appointment will take effect following the completion of the annual general meeting today (20 May).
She will take over from Alan Aubrey who will become a non-executive director.
Spottiswoode is a mathematician and economist by training and is currently a member of the Independent Commission on Banking.
She was director general of Ofgas, the UK gas regulator, and more recently policyholder advocate for Norwich Union's with-profits policyholders at Aviva where she negotiated a special bonus worth approximately £2.1bn to 1.1m of its with-profits policyholders as well as other payments.
She has set up and managed her own businesses and has considerable experience in the energy sector.
She is currently chairman of Gas Strategies Group Limited, a non-executive director of the FTSE 100 security company G4S, EnergySolutions and Illika, and until recently a non-executive director of the FTSE 100 oil company Tullow Oil.
Energetix interim CFO Rick Smith will stand down following the AGM to focus on his duties as CEO of VPhase plc.
VPhase plc is the energy efficiency business created by Energetix and subsequently spun out in 2010.
Energetix owns around 43% of VPhase which is now a standalone, independently funded commercial venture.
At 8:18am: (LON:EGX) share price was 0p at 18.75p
Story provided by StockMarketWire.com|
|melton john: With respect Bronek you are distorting what I said. "for you to want the share price at o.5p i am assuming you dont want the company to move forward" is not what I said at all. I don't want people to lose money, I do't want Vphase to fail. In an ideal investment world, companies borrow our capital, start to grow profits and repay our investment many times over. In the real world, you have to be a bit more discerning, cheats and rogues sell overpriced get rich schemes to the gullible. That is just a general observation and not aimed at Vphase. What i'm saying specifically about Vphase is that I don't see any future in buying in at this level, if I'm wrong I'll go and look elsewhere. We have a free market in these shares, you will sell when the price goes up to some point, I will buy when the price goes down, what's wrong with that?|
|bronek1959b: of course i want the share price to increase and will assess my options if that increase occurs.my hopes are for the company to prosper along with share price for you to want the share price at o.5p i am assuming you dont want the company to move forward.i have read the rns ,s and in my opinion the company is ideally positioned to grow.training of electricians cert approval and contracts with utilities and housing associations are all in the pipeline.wanting someones harvest to fail so that yours can become of more value in my book is wrong.is it not better to wish all well with their harvest.|
|melton john: Omzy, a travel website which gives the typical european voltage as 220v.
I haven't travelled around Europe to verify it for you, as much as I'd like to ;-)
Anyone doing due diligence should verify to their own satisfaction the situation in the rest of the world.
Bronek, my constant negativity to which you refer, is not primarily with the technology but with the price of the company/share price. It is not my fault that you paid over the odds and are now looking for a "bigger fool" to sell your stake to. The recent manipulation of the share price does nothing to justify buying at present and I won't be buying until 0.5p.
Perhaps the secret is to think like a mug punter and not like an investor.
Wharfboy, you are talking rubbish. Lower the output voltage anymore and you get below the designed voltage spec for whatever you are using. Vphase chose 220v for this reason, to stay within manufacturer's spec.|
Vphase share price data is direct from the London Stock Exchange