Arko Share Discussion Threads

[tornadodown] 05/6/2008 09:05

Following the move higher I expected to see the trading opening up however, yet again, there is no stock to be sold down here so you can only buy 25K online. I suppose an order pushed to a dealer may see more.

[tornadodown] 05/6/2008 08:16

It seems as though there were no sellers into yesterdays drop and there is not alot of stock available at these levels so they have restricted online purchasing to 25K

[double6] 05/6/2008 07:38

Healthy online spread - 0.12/0.15 (minimum buying limits)

[double6] 05/6/2008 07:32

.....The Arko Board wishes to emphasise that:
* the impairment charges referred to above are non-cash items and the Company is generating a positive net cash flow from operations; and
* the Company continues to trade normally and has adequate working capital for its present requirements.

[double6] 05/6/2008 07:16

Pardon my ignorance on the company, but the RNS seems positive to me - loss purely down to the write-off's.

Am I missing anything ??

[damanko] 04/6/2008 21:05

Hm... The only positive there is the cash situation. If ARKO really does have positive cashflow, and really is trading "normally", then you never know. Though, 5 years down the line, my breath is normal.

[charmer1_23] 04/6/2008 17:00

FOR IMMEDIATE RELEASE 4 June 2008







ANNOUNCEMENT TO THE LONDON STOCK EXCHANGE




Arko Holdings plc ('the Company' or 'Arko')




Trading Update




Further to the Chairman's statement which accompanied the Company's interim results for the six months ended 30 June 2007 ('2007 Interims'), the Board of Arko announces that the annual impairment review required under International Financial Reporting Standards ('IFRS') will result in impairment charges incurred in respect of both goodwill and tangible assets. Accordingly, the Company will report a substantial loss for the year ended 31 December 2007.

Specifically, goodwill, which as at 30 June 2007 stood at US$20,807,000 will be very substantially written down as a result of the operational problems and consequent decline in value of the goodwill attributable to the power plant and the elimination of historic goodwill which arose from prior acquisition of a number of trading subsidiaries. In addition, because of the problems identified in the 2007 Interims, the value of property, plant and equipment at the Company's power plant in Hubei province, PRC, is proposed to be wholly written off. The book value of such property, plant and equipment was US$12,062,399.

The Arko Board wishes to emphasise that:

the impairment charges referred to above are non-cash items and the Company is generating a positive net cash flow from operations; and

the Company continues to trade normally and has adequate working capital for its present requirements.




For further information please visit www.arkoholdings.com or enquire to:




Angela Leung + 852 2219 9999

Arko Holdings plc




Robert Lo/Marc Cramsie + 44 (0) 20 7634 4705

Nominated Adviser

Nabarro Wells & Co. Limited







This information is provided by RNS
The company news service from the London Stock Exchange

END


TSTILFSSRAISIIT

[the_professor] 28/3/2008 13:15

I have to say that this looks tasty at this level. Up is the only way it can go. Anyone know when results/newsflow is due?

[safman] 26/3/2008 17:27

..

saffy..

[safman] 26/3/2008 17:15

lol.. supply and demand..

saffy..

[akramms] 26/3/2008 17:09

DOES ANYONE HAVE ANY IDEAS, AS TO WHY THIS HAS GONE UP LAST 2 DAYS?

[safman] 26/3/2008 15:28

a few notches up by the looks of things.. a few buyers in today,

saffy..

[safman] 26/3/2008 10:25

blue... limits cut to 25K online..so a few buys filtering /tethering through..

saffy..

[harki] 26/3/2008 06:56

quotes4u correct professor he is idiot value.d6 immersion technologies/iti.lift-off soon

[topvest] 25/3/2008 21:31

There's life!

[the_professor] 25/3/2008 17:53

Is 8trader the same poster as quotes_4_all?

[spurberry] 25/3/2008 16:58

you are matey

[8trader] 25/3/2008 16:54

The fact that you write in exactly the same style and also how
you have increased the target shareprice by 400% is also very
similar, the last time i said this i was right on the Stp thread
and i'll be surprised if i'm wrong here.

[spurberry] 25/3/2008 16:42

8 trader no lucky for me im not but he ramps things everywhere that I look out of 10 1 or 2 are bound to be good ones!!

[8trader] 25/3/2008 16:25

I reckon you two are the same poster !

That's spurberry and harki !

[moormoney] 25/3/2008 16:24

positive movement at last!!

[spurberry] 25/3/2008 16:23

harki this looks much better than atel

[double6] 25/3/2008 16:23

Dumped your ATEL then ??

[spurberry] 25/3/2008 16:22

what are people hoping for share price wise here short term is 1p really realistic?

[harki] 25/3/2008 16:20

missed the price was quoted .17 now .24