Aerobox Share Discussion Threads

[dell314] 24/4/2008 08:07

buywell2 - LOL!

So you've got a new name now, eh, biswell?

I'm sure the ARX chaps will be pleased that you've dropped by to massage your ego....

Rgds
dell

[buywell2] 24/4/2008 07:40

Should have listened to this guy on another ARX thread

biswell - 4 Jul'06 - 12:18 - 28125 of 28134


For bridgar's benefit

RTD up today , and up circa 30% since i recommended it on here

It is now the subject of a bidding war .... 200p plus is my take

Like 4p on ARX was months back when it was aroind 6.5p

B

biswell - 4 Jul'06 - 16:24 - 28126 of 28134


This load of tosh will belong to it's last lender within 18 months

Silly them

B

biswell - 6 Jul'06 - 14:00 - 28127 of 28134


I did say 4p was coming when this was 6.5p

New call whilst still trading 2p

B

biswell - 21 Jul'06 - 16:07 - 28128 of 28134


ARX have a deal/arrangement with Watermark do they not ?

One of advfn top losers today

UK smallcap opening - Watermark plunges as finance talks end, forecast slashed

LONDON (AFX) - Shares in Watermark were out of favour, plunging 28-1/2 pence
to 79-1/2 following news that the company, which provides in-flight products and
services to the airline industry, has terminated talks with potential providers
of private equity finance and slashed its full-year profit prediction by 2.7 mln
stg to around 3.1 mln.


daveelectec - 21 Jul'06 - 16:21 - 28129 of 28134


That sounds like another nail in the lid to me !

biswell - 21 Jul'06 - 17:55 - 28130 of 28134


Oh dear look what Watermark said yesterday in a RNS

'Following recent discussions with potential providers of private equity, these revenue streams have been downgraded by a further #0.6m and expected income derived from the sale of cargo containers has been downgraded by #0.4m. '

B

rosemarydoyle - 24 Jul'06 - 07:15 - 28131 of 28134


A week to cheer you all up.

biswell - 24 Jul'06 - 11:35 - 28132 of 28134


Post removed by ADVFN

[kenbachelor] 24/4/2008 07:34

I've sent the notice about closing the Co down to my accountant. Won't have any CGT to pay this year.

[howdy do da] 07/4/2008 15:53

Intercede, IGP, is my new home. Only have a look at the website, intercede.co.uk, if you want to make money.

[segilla] 05/2/2008 16:15

When a Co goes bust, eventually the shares end up on the Shares of Negligible Value list, meaning they can be included in CGT calcs. I expect ARX to join them. But List doesn't seem to include PTG, Stratus or VEOS. is this because they were AIM shares?
If so, how does the write down work?
TKS

[aerotus] 15/1/2008 06:49

Unbelievable that your spreadbet was only just closed! What a nightmare!

[petercrosby] 14/1/2008 21:03

Thanks mad mike

Now that you mention it I do remember reading that.

[mad mike] 14/1/2008 12:50

petercrosby, I suggest you read post #7252. You will then see the reverse takeover option was investigated by the CEO and no takers were found. The company will now have filed to be dissolved (again see post #7252), so a reverse takeover now is impossible.

[petercrosby] 14/1/2008 12:32

Could someone do a reverse takeover of ARX and turn it into a completely different company? What's the likelyhood?

[mad mike] 11/1/2008 12:34

steve36 is right. I phone the relevant taxation helpline to get confirmation, but in the end it is up to the Tax inspector to decide if it isn't on their formal 'negligible value list'. I got them to check if it was on their list up to today, as the web-list is only updated at the end of each month. ARX isn't yet on their internal list for January.

I think, we can include the capital loss on our tax return for tax year 06-07 i.e. the one that must be submitted by the end of this month. But we would need to add the comment justification that:-
1) the Aerobox plc made a regulatory release on 24/1/07 that "the prospects of any returns for shareholders of ARX[Aerobox] are likely to be minimal" [source: RNS]

2) Aerobox's only asset (a US subsidary - ACS) entered Chapter 11 on 23/1/07, when "the Judge declared that the equity interests of Aerobox plc are expunged, determined, retired and effectively wiped out and of no value". [source: the subsidary's CEO]

3) Aerobox made a further regulatory release on 15/3/07 that "there is very little prospect of any return to ARX[Aerobox]" from its only asset (a US subsidary - ACS) [source: RNS]

4) Aerobox filed for the company to be dissolved in November 2007.

[steve36] 11/1/2008 10:21

I am 99.9% sure that you can make a negligible value claim for the CGT loss regardless of whether HMRC have put it on the list, ie the list is simply to assist taxpayers. All that is needed is for the shares to be worth a negligible amount compared to the cost, which is clearly the case here.

[nfranks] 11/1/2008 09:58

My spread bet (long) with IG Index has just been closed (11.1.2008 9:25am) after all this time, thereby realising my loss (luckily not to large). So something has happen and this must be now recognised as a bust company so should appear on the negvalist mentioned above when it gets updated.

[mad mike] 01/12/2007 14:46

O238jr, wow that is some loss, dwarfs mine.

[kenbachelor] 01/12/2007 12:29

Not yet you can't

[0238jr] 30/11/2007 23:58

well, there goes my £110K.

the real pain is that my average buy was 17p, and there was a time after than when they were in the low 20s and i thought about taking profit....

still, i can use it as a cgt loss i suppose.

[scaleyman] 30/11/2007 22:18

mike thanks very much for your report, my earlier request for feedback was very much tongue in cheek as you will have gathered! Your posts today more than repay my one finger prod keyboard skills of last weekend. Thanks again and good luck to all Aeroboxers.

[mad mike] 30/11/2007 20:07

Incidentially, once the shares were suspended, does anyone know how someone shorting ARX can close their short, and thus realise their profit? Afterall, once shares are suspended, nobody can buy or sell them. So how can a shorter buy shares, to close his shorts, in such circumstances?

Just an academic question.

[mad mike] 30/11/2007 20:01

rongob, I'm also making very good gains with MDX.

Regarding Aerobox; it was always high risk/reward. Unfortunately, it fell down on the side of risk rather than reward. Some you win, some you lose. No point in worrying about it though.

I wanted to frame my share certificate, as a reminder to not to be so daft in future!! Unfortunately, my shares are in a nominee account, and because the shares are suspended & de-listed, I can't move the shares to a certificated form. I guess the shares will forever remain with my broker, at zero value!!! LOL!!

I'm currently trying to transfer all shares in my existing broker account to another broker, but I can't move my worthless ARX shares. So even after the transfer I can't completely close my existing account, because of Aerobox. Another Aerobox legacy!

[mad mike] 30/11/2007 19:53

BTW, I believe Jaber may be posting under the alias SA0705. Well the Jaber man is.

[rongob] 30/11/2007 19:23

Thanks for the information Mike,i to suffered heavy losses on this one,was hoping to offset some of those against the gains that i'm making on mdx.

[family guy] 30/11/2007 19:22

A good update Mike, and a sad end to what could have been a life-changing shareholding for many.

Even through my bearishness of ARX's share price, I still believed they had a world class idea. Just goes to show you need more than that to make a company eh.

Best wishes in whatever you invest in in the future, and a plague upon Tom, Davidcod and Jaber et al for their constant ramping of this.

vbrs


Simeon7

[weegeordie] 30/11/2007 14:19

And I believe that they are still producing them - how can be right?
WG