Arkle Resources Share Discussion Threads

[raypam] 10/12/2002 10:29

I'm in divina, thats what bloody stopping it!!!!

[divina] 10/12/2002 10:22

All the facts are there this share should breakout upwards I cant see whats stopping it.

[boobly] 10/12/2002 10:14

Bar the one 10000 obvious sale, I think all the other trades today were BUYS !

[spyderman] 10/12/2002 09:47

well theyre edging up anyway

[divina] 09/12/2002 13:16

The way i see it MMs will be keen to hold on to a good many shares, in preparation for a possible share buy back of £50 Million. should keep the sahre price at the top end of current trading range and who know on a upbeat trading statement we can have a breakout

[spyderman] 09/12/2002 09:29

Drsmessguide, is there a regulatory reason, or do advisors discourage it in other thans SETS stocks?

[symbol] 08/12/2002 21:41

Can anyone help me with a few questions ?

What will be the best option for the shareholders:
(1) Share buy back and why ?
(2) Cash refund and why ?

Thanks in advance

[drsmessguide] 08/12/2002 08:26

We'll wait and see, but thats what it will be.

[spyderman] 07/12/2002 23:40

who says tender offer? perhaps they just buy in the market...

"Following discussions with the Company's advisers and
shareholders, the Board has reviewed alternative methods of payment
and believes that a share buy back will be the most effective means by
which to return capital.

The return of capital is subject to shareholder and other
approvals. A circular will be sent to shareholders as soon as
practicable, which will set out the details of the proposed share buy
back, convene an EGM to approve, inter alia, the reduction of the
share premium account, and authorise the creation of a new
distributable reserve."

[drsmessguide] 07/12/2002 23:24

A tender offer is a way of returning cash to shareholders but it does require you to sell a proportion of shares. The usual scenario would be to buy say 30% of shares you own at say %20 above market value. If you sold you could if you wish buy back at market value or you can just keep the capital gain

[hightone] 07/12/2002 21:49

which news rns ??.

[divina] 07/12/2002 20:17

look at news under arc hightone

[spyderman] 07/12/2002 20:03

Drsmessguide, dont understand your logic. investors are not obliged to sell. though they could sell at the tender price and buy back in at market price.

[drsmessguide] 07/12/2002 18:33

The share buy back IS giving the money to shareholders, they announce a tender offer for so many of our shares above the market price. No different than giving us cash but instead you pay capital gains on any gain rather than Income tax which would penalise those that bought at a higher price

[hightone] 07/12/2002 16:00

divina where is your info from ??

HT.

[spyderman] 07/12/2002 15:50

i think it offers a way out for weak investors, providing support for the share price while the business picks up pace, accelerating revenues as we move out of the downturn. just IMHO of course. DYOR

[boobly] 07/12/2002 13:00

Share buy backs don`t work ! (Except perhaps for self interested Directors)

[spyderman] 06/12/2002 12:07

RPT Intel's improved Q4 sales guidance reflects normal seasonality - CFO
ERN TEC/USA/CMP/
(Repeating to clarify 8th para)
SAN CLARA, CA (AFX) - Intel Corp raised its fourth quarter outlook based on
normal seasonality, driven by consumer demand and not business, said chief
financial officer Andy Bryant.
Speaking on Intel's mid-quarter update conference call, Bryant said "the
consumer has continued to buy, but there has been no major lift-off for
corporate buying."
"We are not seeing anything unusual any place, it is all just a little
better than what we had been expecting," he added.

------


Global chip equipment sales to rise 15 pct in 2003 - SEMI
PRD/NED USA JPN/CMP CSM/
SAN JOSE (AFX) - Global sales of semiconductor equipment will rise 15 pct
next year after a 32 pct slide in 2002, industry group Semiconductor Equipment
and Materials International (SEMI) said.
Sales are forecast to fall to 18.9 bln usd this year, improving to 21.8 bln
in 2003, according to SEMI's year-end survey of equipment manufacturers.
In 2004 growth is forecast at 21 pct with total sales at 26.4 bln usd, while
in 2005 annual growth will slow to 4 pct.

[divina] 06/12/2002 09:52

More than ARM were considered to have offered me thinks

Arc International has changed its mind about returning £50m to shareholders next year and will now spend the cash on share buybacks. Its shares added 3/4p to 26 1/2p.

[silentaction] 06/12/2002 09:45

looks like the for sale sign up.(the company had considered seeking a buyer)
But at what price?

[halfpenny] 06/12/2002 09:43

The will now head towards 16p....


16p to come sonnnnnn

risky with NO POSITIVE CALES NEWS only BAD NEWS to come.....


16p remember i told u first...

16p sooonnn

[fozdad] 06/12/2002 09:26

News headlines today, but it sounds like no news to me!

Arc International in £50m share buyback but denies Arm talks


Fri 6 Dec 2002(129805)

LONDON (ShareCast) - Arc International, the chip designer, will give back £50m to shareholders by June via a share buyback but denied it has held takeover talks with Arm Holdings.

The decision to return cash follows six months of investor unrest over the company's cash situation and poor share performance. The company is one of several small technology companies valued at less than their cash reserves.

Chief Executive Michael Gulett said even after paying abck the cash there were enough funds to see the business through to profitability. Arc said it was currently examining the "most effective method" of making the payout.

Gulett said he believed that ARC was fundamentally undervalued and that the return was likely to take the form of a share buyback.

As part of a review by investment bank WestLB, the company had considered seeking a buyer, but denied that it had help talks with ARM Holdings.

Financial performance for the year will fall within the current range of published analyst forecasts, he said.

[spyderman] 05/12/2002 13:21

halfwit- no success in pulling that price down, perhaps only matter of time before 26 is cleared out....

[boobly] 05/12/2002 00:54

mad4IT.....
Presumably Halfwit is unfiltered at the moment to enable you to read his idiotic postings ;-)