Zetar Share Discussion Threads

[spob] 12/12/2012 09:14

cash received yesterday

[briangeeee] 12/12/2012 08:56

Cash received.

[gingerplant] 05/12/2012 09:15

Thanks Jeff H

[spob] 04/12/2012 22:02

Yes that's correct

[jeff h] 04/12/2012 19:12

GP:-



Effective Date of the Scheme = 30 November 2012

Latest date for dispatch of cheques and settlement through CREST for Cash Consideration due under the Scheme = within 14 days of the Effective Date

....so approx Fri 14th December I reckon.

[gingerplant] 04/12/2012 16:49

Does anyone know the likely date for the receipt of the cash?

[muangsing] 19/10/2012 20:11

Valhamos

Thanks for your quick response.

Much appreciated.

Regards

[valhamos] 18/10/2012 22:30

Muangsing

Yes. If the scheme becomes effective your shares will be cancelled regardless and you will receive the 297p per share.

See this extract from the scheme document:

"Whether or not certain Zetar Shares are voted at the Court Meeting or the General Meeting, if the Scheme becomes effective those Zetar Shares will be cancelled pursuant to the Scheme."

[muangsing] 18/10/2012 21:12

Wonder if someone can confirm

Im currently travelling and using internet cafes with no security. Hence I do not
want to access my dealing account.

Presumably if i do NOTHING and the scheme of arrangement becomes effective
I will still receive the 297p for my shares

Regards

[nickjoseph] 09/10/2012 12:57

They were just starting to move out of the range. So any luck watcher would have jumped on for long term without knowing about the bid..Thats how I purchase on chart movement.. seems to work most of the time

[exbroker] 08/10/2012 15:41

The FSA will look at all the trades and any that look dodgy the broker involved will be sent a question sheet about the trade to fill in and return to the FSA pronto. Compliance departments are a lot more on the ball than they used to be they are the first line of defense if any client seems to make too many "lucky" purchases,you can only say they looked good on the charts so many times!

[blobby] 08/10/2012 14:09

Hi Exbroker,

I think sets mm is a topic for another time and place, I don't know why it is suddenly relevant here.

However insider trading has most likely raised its ugly head in the last few days. I would like to see the authorities check up on all those involved in trading including miked500 following this post:


miked500
6 Oct'12 - 13:13 - 325 of 337

German foods group Zertus agreed to buy UK-based chocolate maker Zetar Plc (ZTR.L) in a 43 million pound deal that gives the group its first inroad into the British confectionary market.

Zertus will pay 297 pence per share for Zetar, which is listed on London's junior AIM market, a price that is around 26 percent above Zetar's Thursday closing price.

Zetar makes chocolates and snacks under licence for media brands like Disney (DIS.N) and Hello Kitty, drinks brands such as Baileys and food brands like Marmite and Branston.

It listed in 2005, hitting a high of 590p in 2007. However, it lost 70 percent of its value during hard economic times in 2008 and has struggled to recover since then.

In 2012 the company reported adjusted pretax profit of 5.5 million pounds on sales of 128 million.

Zertus, which was founded in 1826 and owns the Dextro Energy and Loser wafer brands, said it would pay for the acquisition out of its cash resources

Think they have bought this on the cheap, but i cannot grumble only bought back on XD day, as it seemed odd to rise after going XD and the chart was breaking out. Wish the MM's had edged it up Friday as i may have had a few more. Still 3000x60p for 3 days is ok, but think the co could have regained 500p within 2/3 years. Interesting co taking them over, been around a while! - 1826.

[exbroker] 08/10/2012 13:46

Blobby you are right the seller from Wednesday is not a happy man. There is still too much of this going on.
I agree with miked500 about the way the MM handle the price formation process, an old bugbear of mine, why do you think we has sets mm brought in for the fully listed and bigger aim stocks.

[che7win] 08/10/2012 08:54

Bye bye ZTR, I'm out. 3p dividend still to come :-)

[miked500] 08/10/2012 08:10

I stand corrected, looks like your correct blobby, some volume on the 1st there. Is there no chance of a counter offer here, the more i look at this, it's too low an offer.

[miked500] 07/10/2012 14:55

Blobby ive watched zetar for some time and cant say there were that many trades last week. Also there was quite a few sells around mid price that may have appeared as buys. The mms were probably more in the know than small private investors.

[alter ego] 07/10/2012 13:26

miked500, shares have to be traded on a "recognised" exchange to be ISA'ble according to HMRC rules. AIM is not a "recognised" exchange. However, shares that are not traded on a recognised exchange confer other valuable tax advantages, e.g. exempt from IHT when held for more than 2 years, which outweighs the advantage of an ISA for many investors and family run businesses.

[blobby] 07/10/2012 10:31

miked500, AIM and sets may be other issues. However insider trading is theft and those involved should be prosecuted just like other thieves.

[miked500] 07/10/2012 09:27

Blobby - Small co investors should be more concerned about the way sets is manipulated and clearly gives all the advantage to the big boys. Also why cant Aim shares be traded in ISA's?