VSA Capital Share Discussion Threads

[topinfo] 12/4/2013 11:11

Look at Rns Dec 2012 VSA and then look at mkt cap. This is why Ive been buying so many and on the basis de-list will not get enough votes.

:)

Back to 4p on confirmation of such. Do you want to pay 1.3p or 4p?

VSA -- Net assets at 30 September 2012: GBP1,735,075 (H1 2011: GBP502,690).

-- Cash balance at 30 September 2012: GBP1,019,097 (H1 2011: GBP414,150) with a further GBP562,000 receivable in January 2013 in respect of a transaction completed in the prior period.

[topinfo] 12/4/2013 09:37

VSA reminds me so much of NEOS. All these buyers of late are buying in to vote agasinst delist. They have cash £1 mill and assets £1.7 mill incl

Look at mkt cap VSA £450k lol

Expected timetable of principal events


Posting of the Circular 28 March 2013
and Notice of General Meeting
------------------------------- --------------------------------
Record date 6.00pm. Monday, 15
April 2013
------------------------------- --------------------------------
Latest time and date for 11.00am. Monday 15
receipt of completed Forms April 2013
of Proxy in respect of the
General Meeting
------------------------------- --------------------------------
Time and date of the General 11.00am. Wednesday
Meeting 17 April 2013
------------------------------- --------------------------------
Expected last day of dealings Monday 29 April 2013
on AIM
------------------------------- --------------------------------
Cancellation becomes effective 7.00am. Tuesday 30
April 2013
------------------------------- --------------------------------

[topinfo] 12/4/2013 09:37

April 11th

So far we have up to 16.85% of share holders promising to vote against the resolution. This includes a promised no to delisting vote from 5.69% shareholder John McCartney.

[oscarmilo] 12/4/2013 09:07

My vote has gone through as a NO. Confirmed. 1.39% i.e. 700k shares

[solarno lopez] 12/4/2013 08:26

Well done guys keep up the good work

[topinfo] 12/4/2013 08:24

Had email from Nick at above website confirming such. Great news, cant see them getting this through now.

[topinfo] 12/4/2013 08:23

LSE

Harry65
Posts: 7
Off Topic
Opinion: No Opinion
Price: 0.88
John McCartney votes to delist
Thu 17:02
Has anyone else spotted this yet? John McCartney who has 5.96% of the shares has said he is voting against delisting. He says his 3.5million shares are going in the NO camp. Accoding to the keepvsalisted website the promises are potentially now 16.85% for votes cast against. This is getting interesting. Spread the word

[topinfo] 12/4/2013 08:23

See votes now major shareholder voting against!

[solarno lopez] 12/4/2013 08:22

Andrew Monk should reduce his salary to cut costs or have I missed something

[joe say] 12/4/2013 08:21

As long as all vote against this ridiculous resolution then this won't so much look like a punt but an inspired purchase

[oscarmilo] 12/4/2013 08:14

Someone taking a punt on this share this morning?

[oscarmilo] 12/4/2013 01:57

Very important to get your vote in if against the de-list. I have voted my holding against and I see from the keepvsalisted website other promises have come and are still coming through. The vote is going to be very close so I suggest all votes, however small or large will be necessary. We have a very determined board who are going to not only de-list the company but dilute our shareholdings to £0 very quickly with investment from other entities while not being necessary to consider the small PIs as there are no rules or regulations whatsoever. The Board will of course ensure that their personal intrests are properly accounted for and looked after.

[poombear] 11/4/2013 21:01

Looks like the delist will be defeated. Check out www.keepvsalisted.co.uk latest pledges to vote against.

[loverat] 09/4/2013 12:54

Shareholder activism has been successful. ShareSoc has been successful. PLUS markets were to some extent. The best example I recall was when London Asia shareholders rallied around to stop the crooks who had previously plundered the company from returning.

It does work and could work here. I saw something in the Standard last night which the CEO was trying to justify all this.

[joe say] 09/4/2013 12:40

Just voted my small holding against this ludicrous proposal

As tescos' say - every little helps

[davidosh] 08/4/2013 15:23

Have any of you reported this delisting to ShareSoc ? Look what happened when ShareSoc got involved with the Lighthouse delisting attempt and shareholders rallied to stop it



Postscript: the delisting was defeated by a large vote against at the General Meeting on the 31st July - a success for shareholder activism.

[goggin] 08/4/2013 13:49

Anyone who has tried to sell delisted shares know its a nightmare, take a look at what happened to Sceptre Leisure, complete wipe out, I can see the point in saving 250k / year but at what cost to pi's? Wipe them out??????????
If VSA could prove there will be a tradable market after delisting and this is NOT one for the boys, then it might be a runner, as it is - they cannot!

[oscarmilo] 08/4/2013 13:31

The latest RNS from VSA - what a load of rubbish! The cost savings from delisting coupled with other initiatives? Yeah right. I wonder why we were never informed of these cost savings initiatives previously. I note there is no mention of their salaries and cost to company being reduced. This is not absurd given their complete failure to perform in line with their own updates and market analyses. I also like the one that they intend to keep their corporate governance as if they were still listed. This will never happen as we all know. Finally I note that their new investors prefer dealing with unlisted entities. Of course they do because that way they can ruin every small shareholder who was previously "protected" under AIM rules. I have voted against and hope everyone else does too. My shareholding is significant (>1%) but I hope all those irrespective of how small your shareholdings are vote a definite no. BTW it is easy to arrange your proxy vote so please do not sit it out. This nonsense, lies and deceit should not be tolerated and this company should remain listed and answerable to its shareholders.

[topinfo] 08/4/2013 08:53

SOLARNO I AGREE MATE. THEY KNOW THEY AINT GOING TO GET THE VOTES.

This will be back over 3p+ if they lose the vote and I think thats highly likley. Company is turning a corner and have cash and assets far in excess of current mkt cap!

:)

[dumpat0803hrs] 08/4/2013 07:57

Pump and Dump gang will fail and then people will be left with stock in a DELISTED Company.

Very DANGEROUS and Very RISKY IMO.

The Company have major shareholders on their side.

I can't see a bunch of smalltime punters and pump and dump gang T Traders will be able to muster the 25.1% required to block de-listing.

Even if they 'succeed' in blocking the Company appears to have little chance of securing adequate funding whilst remaining listed

[solarno lopez] 08/4/2013 07:34

The wording of the announcement indicates that the Board of VSA reads this board and thye are concerned that they will not get the required voting % to push through the de-listing.

I hold no stock but these guys deserve a bloody nose becuase to de-list is an admission of failure...get your votes in

[dumpat0803hrs] 08/4/2013 07:30

The Board has considered the position carefully and reached the conclusion that the proposed Cancellation is in the best interests of the Company and its shareholders combined with the Board's programme to reduce other costs and to conserve cash, pending the completion of transactions. The Board also believes the Cancellation will allow the Company to seek to raise further capital from sources which have a preference for investing in unlisted companies.

[dumpat0803hrs] 08/4/2013 07:30

Bad news for the lying conman pump and dump gang