Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Adams Plc LSE:ADA London Ordinary Share IM00B986V543 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 11.50 11.00 12.00 11.50 11.50 11.50 1,000 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 0.0 -0.3 -0.3 - 5

Adams Share Discussion Threads

Showing 2651 to 2674 of 3250 messages
Chat Pages: Latest  118  117  116  115  114  113  112  111  110  109  108  107  Older
DateSubjectAuthorDiscuss
12/11/2007
15:50
Expecting an announcement tomorrow from Adamind. Should be an update on the liquidation process. It looks like they are aiming to wind everything up in early 2008. More details tomorrow.
nickcduk
30/10/2007
19:58
this is a long wait in a stock that only has cash left to pay the cash back out. every week feels like a month of waiting. more months to go, I think. In this market there are better things to do with the money that is stuck on a far far away bank account of someone I do not know. Pay back that money!!!!!! its enough now
eenmakkie
23/10/2007
21:15
rallied 1.25p to close at 26p. yeah that was a rally in the shares??? This is not a rally!
eenmakkie
23/10/2007
12:28
From The Independent : FSA drops inquiry into Adamind By Andrew Dewson Published: 23 October 2007 The Financial Services Authority has discontinued an inquiry into the former mobile phone services provider Adamind after first confirming the company was under investigation six months ago. The investigation was focused on a profit warning the company made in June 2006 and whether or not the statement was made in a "timely fashion". An offer was subsequently made for the company by its rival Mobixell which did not lead to a formal bid. Adamind, which has sold off all of its operations and is now a cash shell, plans to return its surplus capital, approximately $25m, to shareholders as soon as is "legally feasible". Adamind shares, which were trading at more than 130p on the eve of the FSA investigation, rallied 1.25p to close at 26p.
hotfinance14
23/10/2007
09:07
Welcome onboard Nil. Ideal situation would be for a bid at a premium to cash to reflect tax losses etc. Not sure that is likely though so a return of about 30p in cash would be good. That would leave a cash shell which would be worth another couple of pence. Hopefully we will get another update soon with dates and quantum of any return.
nickcduk
23/10/2007
08:56
Joined you this morning with 50k@26p . Looks like should have close to 20% return even after allowing say 10% for tax and other liabilities. May pick up a few more once we have an announcement on timescales and likely return.
nil desperandum
22/10/2007
20:59
"There is a possibility that one of the parties that approached the company about making an offer for the company may decide to now put a firm proposal on the table." Yes but this time a cash offer above neto cash level. Do not want to see an other takeover paid with newly issued shares that are worth ????sh?t shares should trade soon in the range 27p-29p, still with a discount on cash but smaller. Best case is cash distribution of almost all and leave shares traded for the rest of the 500.000$ that will come free in april 2008. Maybe then a takeover of an non listed company that likes to list on AIM for a less price. This will be maximising shareholders value in "true meaning"
eenmakkie
22/10/2007
19:35
Good luck guys - sounds like the fat lady's clearing her throat ready for that final aria... Katy - lol.
supernumerary
22/10/2007
18:27
BLZ were never investigated. ADA are 'not guilty'... BLZ are as sound as a £7 note...
katylied
22/10/2007
16:37
BLZ IS NOT GUILTY FANTASTIC NEWS
par12
22/10/2007
11:46
Just had a chat with Harry at Corfin. The company is likely to have a board meeting in the next few days to discuss todays announcement. From there they will devise a plan on how best to go about returning cash to shareholders. If its a case of winding up the company then the process could take between 2-4 months depending on Israeli courts. There is a possibility that one of the parties that approached the company about making an offer for the company may decide to now put a firm proposal on the table. With the investigation out of the way it would be the ideal time to do so. In the interim results Orna Berry pretty much aluded to that prospect 'The Board plans to return the cash as soon as it can to its shareholders. The Company hedges the funds against currency fluctuations and keeps a majority of the money in GBP. Should Adamind be approached by potential buyers for the Company as a going concern, the Board will explore the offer in order to try and maximize the shareholders' return and accelerate the time of the return.' Not sure at what level an offer would succeed because the time it would take to make an offer and send out cheques wouldn't be far off how long the liquidation route is likely to take.
nickcduk
22/10/2007
08:51
Market was a little slow to pick up on todays news but has finally come to its senses. I tried to pick up a few this morning but online limits were about 10k so I didn't bother. Still surprised its not higher but I don't particularly mind as I have a lot of my position with IG Index and I would only have to pay more interest if it rose more. Well done to all those who have stuck it out most of this year. Its been a long and frustrating wait but the end line is firmly in sight now.
nickcduk
22/10/2007
08:48
Excellent news. Hopefully we can have a cash return this year (although I note there is an employee case slated for Jan08, but perhaps they will pay them off now as it isn't very much).
scburbs
22/10/2007
07:55
Strange the share price is indicating unchanged pre market. If I had any spare funds handy I would be adding aggressively. There is about a 20% return within 3 or 4 months. On top of that the cash shell might be worth another couple of pence. If the price doesn't move later on today ill get some funds transferred and try and buy another couple of hundred thousand shares.
nickcduk
22/10/2007
07:41
Excellent news. The company might be able to recover back more of the costs expensed so far with this investigation. Looks like the end is drawing near now and we should our money back soon. Ill phone Corfin later on today to find out what sort of timetable we are looking at.
nickcduk
22/10/2007
07:32
The investigation was a waste of time. Sure Emblaze benefited from inside knowledge, but it was the shareholders who kept with the company who have suffered yet again..
pejaten
22/10/2007
07:12
this we like...
deep powder
22/10/2007
07:07
Adamind Ltd 22 October 2007 Adamind Limited ('Adamind' or the 'Company') Company update on discontinuation of FSA investigation Further to previous announcements, the Company provides an update on the Financial Services Authority ('FSA') investigation under Sections 168 (2) (a) and (d) of the Financial Services and Markets Act 2000. The FSA has informed the Company that it has decided to discontinue the foregoing investigation and has no present intentions of taking action against the Company or its officers in relation to the matters underlying such investigation. Following completion of the investigation, it remains the Board's plan to return to the Company's shareholders the cash held by the Company as soon as legally feasible.
hotfinance14
08/10/2007
22:01
Like dropping small fish in to a tank with a hungry Piranha http://ma-tvideo.france2.fr/video/iLyROoaftwEC.html
par12
01/10/2007
10:57
And directors will not take action against them self or there friends, so forget the canceling of options (the options are alost all executed, see the sell presure in the last months) and the bonusses will be given as well for "excelent shareholder maximisation"
eenmakkie
30/9/2007
14:23
The FSA will take whatever is the easy option, they always do. Pursuing ex-directors who are also non-UK-resident foreign nationals will never be the easy option...
katylied
30/9/2007
11:44
Thanks for comments on how the liability issue might pan out Bohemia. It does tend to make sense that directors rather than shareholders should be punished. If the company does end up with a fine then I would hope actions would be taken against directors to recover this amount. I don't imagine the directors would be keen to cough up any money so maybe agreeing to cancel the outstanding share option grants would be a fair compromise.
nickcduk
29/9/2007
11:25
They lost on the declining dollar and put all in pound credits at the bank. So we mist and are missing the big rise in Gorvernment bonds and T-bills. Again all the money is a credit on some bank, but which bank???? read this interesting, but long, doom senario for world electronic money. Because that is what Adamind now has, electronic money and no paper money as bonds and FR deposits... http://www.kitco.com/ind/fekete/sep282007.html
eenmakkie
28/9/2007
19:54
If the fine and crime is that of the directors, there is no way the shareholders will pay it. It is between the directors and their insurers (whose premiums would have been paid, as is usual, by the company: you employ me, you insure me). But generally you cannot buy insurance that pays fines you receive for misconduct - only the costs of defending yourself. A bit of a moral hazard. The dispute at the moment will involve the costs of legal advice in their dealings with the FSA . The company and the directors will have likely have joint and seperate lawyers working for them. And the company and directors will likely have seperate insurance. So part of getting legal costs reimbursed requires you determine who the advice is primarily for, and this will change with the progress and findings of the investigation. But most importantly, their is no chance of recovering any fine for the company.
bohemia
Chat Pages: Latest  118  117  116  115  114  113  112  111  110  109  108  107  Older
ADVFN Advertorial
Your Recent History
LSE
ADA
Adams
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20200714 23:58:33