Arko Share Discussion Threads

[vision88] 01/6/2004 15:13

ceo been a bad boy , price has over re-acted

[double6] 01/6/2004 15:09

So why's price fallen so much ????

[vision88] 01/6/2004 15:00

double 6 this could be a good play from here on

[vision88] 01/6/2004 14:59

all the bad news has passed ,it can only get better from here on, now is the time to buy in,i have brought in today

[matthewbrooke] 01/6/2004 14:42

it has stated that charges against Chin won't affect the company in any way..

[sheneeqa] 01/6/2004 14:20

Guilty! not charges anymore.....

[double6] 01/6/2004 12:57

How will the conspiracy charges affect the companies value ????

[vision88] 01/6/2004 12:07

i guess its a case of keeping one's Chin up

[matthewbrooke] 27/5/2004 18:11

I emailed nabarro wells, Arko's advisor for AIM. RE: recent problems.. he said that the board meeting has yet to take place that was mentioned in the RNS and that an anouncement would be made at some point after that.. i suggest that at this price it might be wise to accumulate now.. risky, but huge profit possibility, especially if Chin has to start releasing some of his equity..

[sheneeqa] 09/5/2004 12:03

Looking to buy in again, made money on these last year, looks good risk reward
now.

[damanko] 09/5/2004 10:48

Well, wbarbour: Eternal optimist, or you've heard something.....?

[wbarbour] 29/4/2004 10:11

Shares mag today, 29/4/04.What is to happen to ARKO? Bad news for shareholders: NOW FOR MY VIEW: 1/ Profits lift the shares up over time 2/ Bid 3/Drop aim listing. At 2p and a market cap of 40 m I am a buyer.

[jemtang] 28/4/2004 09:40

......interesting

[idioterna] 01/4/2004 12:40

Considering that the admirable Chin now owns over 95% of Arko it would appear that the end is nigh. Awfully sorry, but this is a typically "Chinese" operation and bears all the hallmarks of too many other oriental fiascos where shareholders are swindled and sacrificed at the whim of all-powerful families. This share should have come with a government health warning and never even been allowed to list in the UK.
Perhaps their judgement has deteriorated, or has the need for profit usurped all following the bear market? At least they didn't allow Asian Pulp & Paper into the UK index before.

[astralmike] 24/3/2004 13:00

Arko Holdings PLC
24 March 2004

FOR IMMEDIATE RELEASE 24 March 2004



ANNOUNCEMENT TO THE LONDON STOCK EXCHANGE

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

Mr Chin Kam Chiu, Chairman of the Company, has today been found guilty of the
charge of conspiracy to defraud, brought against him by the Independent
Commission against Corruption in Hong Kong. Mr. Chin is now consulting with his
legal advisers as to his options in respect of appeal against the conviction.

The Board of Arko wishes to clarify that the charges were brought against Mr.
Chin personally and do not relate in any way to the business of Arko or any of
its subsidiaries.

The Board of Arko will be meeting as a matter of urgency to consider the future
management and strategy of the Company in these circumstances.

Further announcements will be made as soon as further information becomes
available.

[idioterna] 11/2/2004 19:57

RNS Number:1012V
Arko Holdings PLC
06 February 2004



Press announcement for Immediate Release 6 February 2004


ARKO HOLDINGS PLC

Issue of Deferred Consideration Shares



The Board of Arko Holdings Plc ("Arko" or the "Company") announces that pursuant
to two agreements dated 16 April 2002 that (1) under a share sale agreement
relating to Arko Shipping, Arko Industrial Limited and Arko Satellite made
between Winko Foundation Limited (formerly known as Winko Investments Limited)
("Winko"), Chin Dynasty Foundation Limited (formerly known as Chun Dynasty
Investments Limited) and the Company and (2) under a share sale agreement
relating to Long Prosperity Industrial Limited, Keen Chance Terminal (GZ)
Company Limited and certain other assets made between Keen Lloyd Holdings
Limited ("Keen Lloyd"), Chin Dynasty Foundation Limited and the Company
following the attainment of specified profit targets being reached an aggregate
number of 190 million deferred consideration shares are to be issued to the
vendors i.e. Keen Lloyd and Winko if the audited net profits before tax and
before amortisation or impairment of goodwill of the Business i.e. collectively
the businesses of Arko Shipping Limited, Arko Industrial Limited, Arko Satellite
Limited, Hubei Chang Zhou Power Development Company Limited, Keen Chance
Terminal (GZ) Company Limited and the Oil Tanks as mentioned in the Agreements
for the twelve month period from 1 April 2002 exceed #3,800,000. Also, an
Amendment Agreement was made between Keen Lloyd, Winko, Chin Dynasty Foundation
Limited and the Company on 9 May 2003 whereby the parties agreed that Clause 4.2
of the Original Agreement shall be amended by providing that if the audited net
profit is less than #2,410,000 it shall be added to the similarly calculated net
profit of the Business as defined in the Keen Lloyd Agreement and if such
combined net profit exceeds #3.8 million the Purchase shall issue 100 million
shares in itself to the Vendor and Winko directs the shares due to it under the
Original Agreement to be issued to Keen Lloyd. As a result of the targets being
met an aggregate of 190 million Arko Ordinary Shares as consideration will be
issued to the Vendors.



As a result Mr Chin's shareholding in the Company increases from 1,663,977,501
Shares (84.2%) to 1,853,977,501 Shares (93.8%) Application has been made for
these shares to be admitted to trading on AIM



Press enquiries



Angela Leung - Arko Holdings plc
13th Floor, Sun Hung Kai Centre, 30 Harbour Road, Wanchai, Hong Kong
Tel: [phone] email [e-mail]


Since Mr. Chin now owns 93.8% of the company it seems pretty meaningless to list it on AIM.

[emulti] 14/12/2003 22:29

I've never really understood this about volume of share trades. Normally, the more you want of something the better the price you can get for buying it. Whereas if a share is popular and has many smaller trades then each trade is at a higher price. This is why I always question share prices because they don't take volume into account. A trade 1/20th the size of another trade is still reflected with same importance on a chart and as opening/closing price.

[sheneeqa] 14/12/2003 13:49

Would think that the main factor in lack of liquidity is that it stops the
big buyers who are normally the drivers of the price from getting the quantities needed to send the price northwards. Also must effect the spread and will be larger as in this case so the MM,s make more.

It appears as family and friends own approx 96% of the company and they do not
seem willing sellers, perhaps they are sitting tight on the expectation of a
better price for their shares. Out of these for the time being.

[emulti] 11/12/2003 21:01

Is lack of liquidity such a bad thing. Does this not reduce supply of the shares thereby driving the price up?

[sheneeqa] 28/11/2003 12:22

A woman at the helm now, did no harm at FTO.

[sheneeqa] 27/11/2003 14:40

Not news regarding AKO more with investing in China.

[lafiamma] 21/11/2003 15:53

Also note this breakout is on increasing volume. today's volume the highest for quite some time!