Alex Dav Inv. Share Discussion Threads

[greedfear] 04/10/2013 09:06

Whatever. I've explained why this "investment" is no good. Why not try to make clear my scenario is all wrong in stead of calling names?

We all might learn something from that.

[mally6] 04/10/2013 08:16

cash shell fully funded with no debt looking to invest.looks appealing with interest today something will happen need patience.nice entry level

[greedfear] 04/10/2013 07:27

You probably mean 0.07p. It will go lower than that.

[doorway] 03/10/2013 21:52

it will go to 0.7

[kennyruss] 03/10/2013 19:59

Planwise were planning the transaction at 0.10p per share...

We are they now...

[kennyruss] 01/10/2013 11:29

Only took em 4 days to spot something i noticed in 4 secs..

[alby220] 01/10/2013 07:40

The S.P Is Not looking good again, doing what it does best, heading south .

[doorway] 29/9/2013 22:36

agree share holders get shated everytime by this mob

[greedfear] 27/9/2013 15:01

HarrysBank

Thank you for the e-mailadress.

Planwise doesn't need nor wants to sell. The shareprice will nosedive once people understand that ADI has no revenues but only administrative expenses that can only be paid for by drawing the loan facility. They don't want to sell to make sure that when votes are needed, they've got plenty of them.

I know there is no conversion option now. However, there will come a time ADI does have to repay and can't. That's when Planwise is going to dictate how and when repayment will take place. Aything will be possible then, debt for equity being one of them. ADI nor shareholders other than Planwise will be able to frustrate Planwise plans (what's in a name? :) ).

And, oh yes, independent advisers stating a debt for equity transaction at 0.01p is in the best interest of the company and fair to the shareholders will be standing in line.
Been there, done that...or something like it

BOL

[harrysbank] 27/9/2013 13:38

greedfear

If your analysis were true and you were Planwise (expecting to gain control at 0.01p) would you not be selling hard some of your 25.9% holding at 0.18p, 16p, 14p,12p etc?
If we see an RNS showing some sell off (having seen PJ off) I'd worry more but so far I don't see the vol (beyond PJ and some smaller holdings).

"The Company also announces that it has agreed a loan facility with Planwise ("Loan Facility"), pursuant to which it may draw down up to £200,000 for working capital purposes over the next twelve months. Interest on the balance drawn down on the Loan Facility from time to time shall accrue at the rate of 4 per cent. above the Bank of England base rate."

Also no mention of a conversion option in original deal above.
It is good to have your thought process "aired" nevertheless.

[harrysbank] 27/9/2013 12:51

[e-mail]

[greedfear] 27/9/2013 11:26

I would like to send an e-mail to mr. Rourke and mr. Gutmann but do not have their adresses.

Could someone help me out here? Cheers!

[greedfear] 27/9/2013 09:55

Well it's all very clear now, isn't it?

1. Planwise is factually in full and total control over ADI;

2. PJ realised he would be fighting a lost battle and jumped ship;

3. ADI must draw down on the 200,000 Planwise loan facility to pay for admnistrative expenses (115,000 for last half year);

4. Loan from Planwise must be repaid in cash, but ADI can't

5. Because ADI can't repay in cash, Planwise could:

a. demand repayment by handing over all the ADI assets (RTL shares + RTL convertible loan, so very conveniently written off to 72,000 [maybe even written off more in not to distant future] to Planwise

and/or

b)convert (what's left of) the loan into equity, without a doubt at the lowest price possible (0.01p?), diluting current ADI shareholders like crazy.

6. Market the shell (leaving current holders with next to nothing).


Offcourse only my opinion, but I think this scenario, in which current holders will be left with almost nothing becomes reality soon.

[kennyruss] 27/9/2013 06:22

I must admit, pretty uninspiring, not a very positive forward looking statement..

How the Hell they can get the 155m shares issued to Planwise wrong (says 115m in half yearly).. is beyond me.

I hold and continue to hold, but wtf have they been doing?

[share_shark] 27/9/2013 06:17

RNS.

LOL.You couldnt make it up.

[share_shark] 25/9/2013 22:25

At the beginning of the RTO interest there were rumours flying of a potential company which had fertilzer/potash/Guono interests, which may have had interest in ADI.


Whether that source lost interest I would not dare to venture an opinion but this piece of news today, may be food for thought, along the lines of interest in that sector.

MOSCOW -- China took a 12.5% stake in Russia's Uralkali JSC, moving to secure supplies of potash and casting doubt on whether a global pricing cartel for the fertilizer ingredient could be revived.



Tuesday's move by the world's top potash buyer injects a significant consumer voice into a $22 billion-a-year industry that has been in turmoil since the cartel's recent collapse.

"This adds yet another nail in the coffin of the cartel," said Catherine Tubb, an analyst with Sanford C. Bernstein in London. "With the Chinese in the picture, the likelihood that things could ever go back to where they were has decreased."

The deal comes amid a battle between Uralkali and Belarus over the July collapse of the sales partnership, which landed the Russian company's chief executive in a Belarusian jail.

China, which consumed 9.8 million tons of potash last year, according to a global fertilizer trade group, has only a handful of domestic producers and relies heavily on imports. Nearly 70% of the country's supply came from abroad last year.



National governments have zealously defended against foreign ownership of potash companies. Canada in 2010 rejected a $39 billion takeover bid of Potash Corp. of Saskatchewan by Anglo-Australian mining company BHP Billiton, saying the acquisition wouldn't be in Canada's interest.

[doorway] 24/9/2013 18:43

im sure some will make up some rumours of a amazing plan

[stenick] 24/9/2013 17:21

Well I hope the current board has a wise plan.

[kennyruss] 24/9/2013 16:42

My theory is that he wanted to do his own deal with the company, but Planwise had a huge blocking vote.

Going over 10% was perhaps a poke at the BOD to see if they would wake up. I assume they didn't wake, so he was in a position where he was unable (1) to conclude a transaction himself and (2)Unable to influence the current board.

[asmodeus] 24/9/2013 13:41

"Did you not watch the trading between the %s he held ?."

No, S_S, I didn't. That's why I said I have not been paying attention. But if this is the best shell going - why has he sold out?

[doorway] 24/9/2013 12:24

kenny why cant you try and get stn back up and running

[doorway] 24/9/2013 12:23

kennyruss has a thing for aim shells,hes a serial sheller