Amd Commo Exagr Discussion Threads

[loverat] 20/10/2009 07:52

And in light of the comment below it seems a little worrying that London Asia even comtemplated such a risky move.

tenniselbow - 15 Apr'08 - 12:58 - 3868 of 5321
The facts are this company will take off or go under the next 6 weeks will tell

[loverat] 20/10/2009 07:48

And whose bright idea was it for London Asia to go into DRM?

Now, let me guess...


From the LDC BB

tenniselbow - 10 Mar'08 - 08:51 - 8590 of 8797
This looks like a good share, with plenty of cash, and now looking at UK investments, DRM also looks like a good move

tenniselbow - 16 May'08 - 07:36 - 4316 of 5321
London Asia ( LDC ) changed there CEO and took a 3% Stake are they buying ?

[loverat] 20/10/2009 07:02

tenniselbow - 20 Mar'08 - 14:54 - 3656 of 5321
I do not hold shares in this company but will buy at sub 2P price within 12 months should be 6P plus another and another 200K made.

And the above statement was not true was it? That's unless these posts are
lies.....

cougar6 - 31 Jan'08 - 13:42 - 3324 of 5321
Looks cheap to me, just bought one million

cougar6 - 31 Jan'08 - 14:44 - 3327 of 5321
This price is to good to be true, bought another million

substp - 31 Jan'08 - 15:47 - 3339 of 5321
Hmmm Getting close to an RNS Cougar ?

cougar6 - 31 Jan'08 - 15:49 - 3340 of 5321
bought for medium term this market I no very well.

nurdin - 31 Jan'08 - 15:50 - 3341 of 5321
Did you have any problems getting 2m Cougar?
Would have thought it would be very difficult to buy 2% of the company from the MMs...unless they had a ready seller

cougar6 - 31 Jan'08 - 15:53 - 3342 of 5321
hard work

[loverat] 20/10/2009 06:57

I like the poster 'Redd' and a wise head on his shoulders. He seems to have a way with the dimwits.......

tenniselbow - 20 Mar'08 - 14:07 - 3654 of 5321
If I buy a share and the price goes down cant tell my broker not going to pay for it, but if I buy from a MM and price is going up due to shortage he just cancells the deal

Redd - 20 Mar'08 - 14:24 - 3655 of 5321
If it's so loaded against you perhaps you'd better find another way to make money. No point in getting yourself all worked up. On the other hand you could learn to pick better companies to invest in. According to Sharescope
there are currently nearly 300 shares up over 20% in the last 12 months whereas DRM are down 73% and would be in the top 200 fallers out of around 2,500 companies. Anyone still holding from then needs a 300% share price increase to get their money back. Crikey!

tenniselbow - 20 Mar'08 - 14:54 - 3656 of 5321
I do not hold shares in this company but will buy at sub 2P price within 12 months should be 6P plus another and another 200K made.

[loverat] 20/10/2009 05:49

'Since George Allnutt was appointed managing director of the Company on 4 April he has spent a significant amount of time liasing with the Company's staff in China as part of the process of producing the accounts'


Yes - and a significant amount of time ramping garbage companies on this site.

[loverat] 20/10/2009 05:47

Mind you - to be fair it may be because he suddenly realised there were more pressing concerns to deal with - in his own back yard.....


RNS Number : 9762V
London Asia Capital PLC
04 June 2008




Suspension

London Asia Capital Plc (LDC) announces that, since it will be unable to publish its audited report and accounts for the year ended 31
December 2007 before 30 June 2008, it has today requested that trading in its ordinary shares on AIM should be suspended until such time as
it is able to publish the report and accounts.

Since George Allnutt was appointed managing director of the Company on 4 April he has spent a significant amount of time liasing with
the Company's staff in China as part of the process of producing the accounts. Unfortunately, however, some of the information provided
requires further review. This has resulted in the delay to completion of the audit.

The board is continuing to work diligently to progress the report and accounts and will update shareholders once it has agreed a firm
timetable for publication.

For further information, visit www.londonasiacapital.com, or contact:

London Asia Capital:
George Allnutt

[loverat] 20/10/2009 05:44

cougar6 - 28 Mar'08 - 11:35 - 3721 of 5321
End of tax year will be a few sellers out there on all companies

substp - 28 Mar'08 - 11:41 - 3722 of 5321
You almost beat those transactions cougar ... :-)) . Any positive news from the company to keep things in check ?

substp - 28 Mar'08 - 11:45 - 3723 of 5321
Or would it be to peoples advantage to wait until after next week ? If there is anything to say that is...

tenniselbow - 28 Mar'08 - 12:50 - 3724 of 5321
Again feel that some of the trades are buys !!

tenniselbow - 15 Apr'08 - 12:58 - 3868 of 5321
The facts are this company will take off or go under the next 6 weeks will tell

Redd - 16 Apr'08 - 11:27 - 3930 of 5321
tenniselbow, I suggest you read the agreement more carefully till you understand it.PS. You ought also to ask yourself where did the £700k disappear to so quickly that another £260k had to be raised in February!

tenniselbow - 17 Apr'08 - 16:02 - 3955 of 5321
I feel this compay could do very well, but needs a new MD and a smaller board. dont think they have any large orders tied up. need a decent manager to sort it out

tenniselbow - 14 May'08 - 07:50 - 4206 of 5321
The next 6 weeks will show if its Redd or Substp who wins the debate !!!!

tenniselbow - 30 Jun'08 - 09:26 - 4775 of 5321
If they paid off Trafalga last month, then one would think they have a deal for injection of cash lined up, there was talk of over £6 million

Redd - 30 Jun'08 - 09:30 - 4776 of 5321
tenniselbow, read the RNS again. Looks like the company is not trading well and has run out of cash. The auditors won't sign it off as a going concern so the Directors are running around looking for more money from someone. In this climate? Fat chance! I think the company is totally screwed!

tenniselbow - 30 Jun'08 - 10:34 - 4778 of 5321
Would be interested in picking up shares in the grey market. !!!

Redd - 30 Jun'08 - 10:36 - 4779 of 5321
Why? This company is finished!
LONDON (Thomson Financial) - Skincare company Dermasalve Sciences Plc. said
its shares have been suspended from trading with immediate effect pending
publication of annual accounts. The company said it is close to finalising the funding arrangements which would satisfy its auditors and added it was in the final stages of preparing its accounts. Dermasalve said its auditors are not able to sign off the accounts on the basis of 'going concern' until additional funding has been arranged.

tenniselbow - 6 Jul'08 - 10:19 - 4847 of 5321
I feel DRM will return to the market, they have a good product and have a small turnover, which if the board was changed would cover overheads if they left aim. if one of there large contracts was signed, think it would be Africa and a new board this would fly !!!

tenniselbow - 23 Jul'08 - 16:32 - 4945 of 5321
IF goods have been sent to SA then they must have got a licence to suppy the SA NHS if this is the case shares will fly !!!!



And cougar6 and Tenniselbow then disappeared......from yet another disaster.

[loverat] 20/10/2009 05:08

Looking into this company (DRM) - one of cougar6/tenniselbows ramps and one that London Asia had a 5% stake in.

Dermasalve goes into insolvency after failing to secure funding
By Katie Bird, 27-Nov-2008

Related topics: Financial

A UK skin care firm specialising in antimicrobial products and formulations for sensitive skin has gone into insolvency after failing to find funding.

Attention was drawn to Dermasalve's struggles back in June this year when shares were suspended due to its failure to publish 2007's annual results.

The Newcastle-based company was struggling to make repayments on outstanding loans and had failed to find the necessary funds to continue business.

Dermasalve has now gone into insolvency and a creditor's meeting is to be held in London on December 1, according to press reports.

Expansion plans went sour

During 2007 things were looking positive for the company and expansion into new markets was planned, however the company has blamed the challenging market conditions for its inability to find the necessary funds.

In September 2007 it closed a deal with a South African health care firm involving a range of moisturisers including products for the face, body, hands, heels and one product specially formulated for infants and babies.

[loverat] 19/10/2009 20:00

Lost For Choice - 28 Mar'08 - 22:51 - 1461 of 1821

Capt Haircut

My 'poor' investment decision resulted from the fact that I put money into a company which was supposed to be regulated by the FSA, LSE, and appropriate professional advisors. It was backed up by regulated RNS releases
which I believed to be true. What a fool I am.



Yes, read the last 600 posts here and see what a total fool you were.

[loverat] 19/10/2009 19:18

Sing song time folks.

[mack7heknife] 19/10/2009 08:27

I guess it depends on the depth of any investigation by the fsa , squeaky bum time I imagine for a lot of people .

[loverat] 19/10/2009 05:02

I guess at some point in our lives we all unknowingly and innocently have associations with people who have dark secrets. I am sure that Smith is no exception but you can be sure that these people are no longer on his Christmas card list and almost certainly were immediately dropped from his e-mail contacts list. Let's hope so anyway.

[debaleb] 19/10/2009 01:40

Some of Smiths contacts seem very suss, one presumes he's dropped contact with these people now he knows the truth?

[loverat] 18/10/2009 21:31

tenniselbow - 20 Mar'08 - 13:30 - 3650 of 5321
Redd your incorrect. one MM traded over 300% of stock could not deliver, fined £500k but punters who backed share to rise never got there shares just money back.


Allnutt must be talking about Room Service - yes the company he attempted to takeover but was thrawted by the MM's.




RNS Number:9572Q
Room Service Group PLC
15 October 2003


Room Service Group Plc ( "the Company")
Notifiable interest

The Company was notified earlier today that, following a purchase of 10,000,000
ordinary shares, Photo Distribution Limited is now beneficially interested in
10,000,000 ordinary shares in the Company, representing 8.05 per cent. of the
issued share capital of the Company.

[loverat] 18/10/2009 21:26

I see London Asia has/had a shareholding in DERMASALVE SCIENCES

London Asia Capital PLC 5,436,667 4.94%

Interestingly another stock ramped by Allnutt...

cougar6 - 4 Dec'07 - 09:52 - 2784 of 5321
The company is in a tough market but if thet get it right, and bring out Organic products it could fly.

cougar6 - 5 Dec'07 - 16:30 - 2873 of 5321
Redd I could be inprofit running this company within 6 months

cougar6 - 31 Jan'08 - 13:42 - 3324 of 5321
Looks cheap to me, just bought one million

tenniselbow - 18 Mar'08 - 11:45 - 3622 of 5321
MM shorting to pick up the 750,000 shares cheap. price will go up until next month when there is aconvertion. this is what Karl Watkins had at d1 oil

tenniselbow - 20 Mar'08 - 07:44 - 3635 of 5321
Shorting by the MM gives no reflection on the worth of a company as is the case in this share. The facts COULD be that margins are 60% sales should be starting to flow, cash will be generate, directors in recent times bought in, share could go below 2P due to shorting. but when the bounce
comes it will be a multi bagger. I will buy all I can below 2P watch this space

[loverat] 18/10/2009 20:26

Blimey - looks like LGB shareholders had a lucky escape.

I would imagine Buchler dismissed that notion straight away.

[loverat] 18/10/2009 19:51

tenniselbow - 8 Mar'08 - 15:20 - 8576 of 8797
Feel this share is being talked down, are the board going to make a Bid !!!

tenniselbow - 2 Apr'08 - 07:23 - 8630 of 8797
time to buy I think

tenniselbow - 20 Oct'08 - 17:53 - 8784 of 8797
I think the FSA have enough on their plates! but it's interesting that Allnut was removed from the board of China bio foods when it is alleged he refused to sign off their accounts and had reservations about their operations. I don't think he's 'in bed' with Littlewood and I think the next 3 months will prove this as there appears to be action going on. Lets see what the calibre of the new directors apparently being brought in by allnutt, are like



Allnutt - the share was being talked down because it was a pile of pants. You should know you suspended it a few months after your post. And yes the FSA have enough on their plates. But I am sure they will sit up when they see what you've been up to.

[loverat] 18/10/2009 19:45

And I guess there will be a few people besides me who will be celebrating....



tenniselbow - 18 Apr'08 - 17:02 - 1775 of 1821
Nigels action might clean up the boards and get back to facts on investments

tenniselbow - 6 Jun'08 - 17:56 - 2673 of 2704
good for Nigel

tenniselbow - 10 Jun'08 - 19:43 - 2803 of 2860
Good for Nigel. he has proved to be smarter than most, and if correct has £100k to prove it.

tenniselbow - 25 Jul'08 - 14:47 - 4085 of 4195
The case then goes on. courts are a waste of time

tenniselbow - 26 Jul'08 - 13:18 - 4270 of 4286
A bad day for British Law.

tenniselbow - 29 Jul'08 - 12:16 - 4331 of 4427
If Mr Smith was black would he have won ??

tenniselbow - 3 Aug'08 - 09:17 - 4465 of 4476
As Stated at the time of the hearing the case goes on !!!

[loverat] 18/10/2009 18:25

tenniselbow - 10 Mar'08 - 14:19 - 3600 of 5321
If you look at the Trades each time there is a loan note convertion the share price is lowered by the MM who may be picking up these shares on a 20 % discount. the FSA should be looking into this.


No tenniselbow - the FSA will be looking into you very soon.

[loverat] 18/10/2009 14:58

London Asia's comeback offer

16/10/2009 Oliver Haill

London Asia Capital's troubleshooting chief executive Keith Negal is unravelling the company's complex web of investments

De-listed London Asia Capital plans to return to AIM, with a new Chinese partner taking a 'significant' stake.

Troubleshooting chief executive Keith Negal, a frequent recent visitor to the People's Republic as he endeavours to unravel previous boss Simon Littlewood's labyrinthine web of investments, says that Wuhan Kaidi Group, a co-investor in one of its projects, has agreed to the 'possibility' of buying either existing or new shares in London Asia. Negal explains that this investment by Kaidi, whose chairman Chen Yilong is 'a highly respected entrepreneur in both business and political circles', would mean that London Asia Capital 'will relist'.

Says Negal, in a letter to shareholders: 'talks progressed to the possibility of Kaidi making an partial offer at 5p per London Asia Capital plc share in cash to all existing shareholders or subscribing for new shares at 5p per shares or a combination of both buying shares from shareholders who wish to sell and subscribing for new shares'. He adds that the venture in which both parties are invested, Zhongying Changjiang International Credit Company, itself also an investment company, 'has increased substantially in value' to £13.5 million but requires further funding from the pair.

Hedge fund QVT has requisitioned a shareholders' meeting, where it is seeking to effect a number of changes, including replacing the current board with new directors, one of whom is Brett Miller of broker Astaire Securities. The intention of Negal, a former army bomb disposal expert with a track record of sorting out troubled companies, is to gain shareholder approval at next month's general meeting for London Asia's 2007 accounts so that it can re-list on AIM.

Negal, who adds that he plans soon to update shareholders and 'the appropriate authorities' with 'a summary of our findings with regard to the activities of my predecessor, Mr Simon Littlewood', says the company's unaudited net asset value is £24.6 million, including £8.3 million of 'cash or near cash', equivalent to 10.7p per share.