Asg Media Share Discussion Threads

[share_shark] 11/1/2010 14:07

A post from aye, aye, aye on Sunday, guys and gals, by poster Spider from Mars.


ASG estates Ltd SPIDER FROM MARS







All but given up on my investment but had a quick look to see what is left on website and see that it strap linned with ASG estates not ASG media - is this new haven't seen before?
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[share_shark] 03/1/2010 15:10

Unearthed by Steddieddie,on another thread.

[share_shark] 01/1/2010 12:20

Guys and gals.
Comments below borrowed from the iii thread.

heards bits and pieces from the proposed plan for de-listing the company under a new name. The plan is to give equivalent of 1p per each share from ASG in the new company. The approximate breakdown can be seen below:

Existing shares of 160m at 1p will get shares in the value of £1,600,000
Give Creditors shares in the value of £4,000,000
Give Administrator Anthony Batty shares in the value £750,000
Give to a new investor shares in the value of £2,300,000

Can anyone tell me why they are giving shares to the Administrator equivalent of half the total value of the existing shares? Is this normal practice?

The market cap will be over £8m. My understanding is that the company will have no debt and will have £3m cash supplied by the new investor (RAM or NEO??).
Does this mean that total debt was £4m? How do you think the market will react? Do we have any other news please?

I would like to give an update on the proposed legal action too. There are 8 investors who showed interest. 2 of us are taking legal advise on our behalf but one of this two is not as keen as the other. I will definitely pursue this to get some compensation.

[pelleeds1980] 30/12/2009 11:22

Light at the end of the tunnel then

[jwilson1975] 30/12/2009 11:04

TIDMASG

RNS Number : 8193E
ASG Media PLC
30 December 2009

?
30 December 2009


ASG Media plc
("ASG" or the "Company")


Change of Accounting Reference Date


Further to the statement released on 2 December 2009 that ASG's shares remain
suspended from trading on AIM the Board announces that it is seeking to
restructure Company and seek a resumption of trading on AIM.


As part of the proposed restructuring, ASG announces that it has changed the
Company's accounting reference date from the 30 June to the 31 December. The
Board anticipates that the Report and Accounts for the period from 1 July 2008
to 31 December 2009 will be announced on or before 15 January 2010. At the same
time the Board expects to provide shareholders with further details of the
proposed restructuring and to put forward details of the proposed Investing
Policy.




Enquiries:


+-------------------------------------------+------------------------------------+
| Antony Batty & Company LLP | 020 7831 1234 |
| (Administrators) | |
| Antony Batty | |
| Stephen Evans | |
| | |
+-------------------------------------------+------------------------------------+
| Charles Stanley Securities | 020 7149 6000 |
| Nominated Adviser | |
| Russell Cook / Freddy Crossley | |
+-------------------------------------------+------------------------------------+



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

[share_shark] 02/12/2009 17:15

Guys and gals. Perhaps you might wish to view the Ram thread ?.

[kish_008] 02/12/2009 16:51

RNS released today. Charles Stanely appointed as NOMAD (although they were the NOMAD for the company pre-suspension).

The Board intends to update shareholders including details of an Investing Policy.

Anybody aware of what's going on or what this means???

[share_shark] 27/11/2009 15:32

From aye, aye, aye thread chaps and chapesses. I do feel so very sorry for you.Comment by DailyDooh.

Asset Salel DailyDOOH







My teenage son could have sold the assets for more, see


Also below.

[steddieddie] 26/11/2009 20:07

Re the corruption claim, check out the posts on i i i (.co.uk) for the range of companies bearing the ASG name that were set up in the days leading up to administration - and who was behind them.

[anusol] 26/11/2009 12:56

so they got us for a mere £155k..... corruption

[share_shark] 21/11/2009 09:17

I am a Ram shareholder and I thought you might wish to see this; it appears on balance that the shareholders of ASG have a good case. DYOR.INMHO>


DailyDOOH journalist clearly becoming excited with events and the jigsaw of Ram et al.

Here is what he has posted on the iii bulletin board, this morning.


Gary Truman Pins Target To Chest DailyDOOH







Umm, latest in this sorry saga is that VMG Global (now how many disgruntled shareholders of them do we have on this board as well) may end up being acquired by RAM Investment Group


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[asparks] 10/11/2009 08:15

see RAM thread for RNS

[share_shark] 07/11/2009 12:27

Guys and gals. Comment by DailyDooh from aye, aye, aye,thread this morning.

Curiouser and curiouser ,from Alice in the looking glass.

Am not a holder of ASG but thought you might like to see the following comments.


ASG Media bought on the cheap DailyDOOH 1


The administrators of ASG Media who on Friday afternoon wrote us a nice letter disagree but we firmly believe that RAM has bought ASG Media on the cheap - probably something like several hundred K rather than the 1M it was worth.

The key will be what they do with the the 3 assets; Shopping Mall (contracts), SPAR Network and the 330 Pub / Club / Bar network.

RAM will obviously have to issue an RNS and we'd expect that to be sometime this week.
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[steddieddie] 06/11/2009 10:24

No consolation for you guys but you might want to know that DailyDOOH is reporting that RAM Investments (RAM) has picked up the assets of ASG out of administration. No formal announcements yet that I can see.

[pork belly] 05/11/2009 21:06

just browsing :0)

[technotamed] 03/11/2009 09:09

When they announced this good news end of September:
ASG, the leading digital out of home specialist, announces today it has signed a
12 month agreement with VMG to sell national advertising across
its landscape screen Shopping Mall network.

At the same time they announce the bad news:
ASG announced on 28 September 2009 that it had received further funding from Neo
Media Group SA and that the Company is continuing to seek further funding for
its immediate working capital requirements and to support recent new contract
wins.

They must have known they were in the sh*te.

[asparks] 02/11/2009 15:00

if there is anything left after the directors take a packet, how do we get it?

[andrbea] 02/11/2009 13:23

end of story then

shame
another write-off

managerial incompetence yet again Imo

commisserations to fellow shareholders

I'd run mine down, last year, to a tiddly amount.

nia dyor

[topinfo] 02/11/2009 13:16

DJ ASG Media Appoints Administrators

LONDON (Dow Jones)--ASG Media PLC (ASG.LN) said Monday it has appointed Antony Batty and Stephen Evans of Antony Batty & Company LLP to act as joint administrators of the company with immediate effect.

MAIN FACTS:

-Since suspension, board has continued to explore options to address company's working capital requirement.

-Discussions with number of parties including potential equity investors and existing shareholders continued up until last night.

-It became clear that further funding would not be forthcoming.

-Charles Stanley Securities, company's nominated adviser and broker, has tendered its resignation with immediate effect.

-If ASG has failed to appoint a replacement nominated adviser by Dec. 3, the admission of company's shares to trading on AIM will be cancelled.

-By London Bureau, Dow Jones Newswires; Contact Ian Walker; [phone]; [e-mail]

(END) Dow Jones Newswires

November 02, 2009 08:15 ET (13:15 GMT)

Copyright (c) 2009 Dow Jones & Company, Inc.

[beginner3] 02/11/2009 13:14

RNS Number : 7801B
ASG Media PLC
02 November 2009




02 November 2009


ASG Media PLC ("ASG" or "the Company")


(AIM:ASG)


Appointment of Administrators

The Board of ASG Group plc regrets to announce that, having carefully considered the financial position and strategic options of the Company, on 02 November 2009 it appointed Antony Batty and Stephen Evans of Antony Batty & Company LLP to act as Joint Administrators of the Company with immediate effect.

Since the announcement of suspension on 20 October 2009 the Board has continued to explore options to address the Company's working capital requirement. The Board has continued discussions with a number of parties including potential equity investors and existing shareholders up until last night. Until it became clear that further funding would not be forthcoming the directors were hopeful that funding would be secured.

Furthermore the Board announces that Charles Stanley Securities ("Charles Stanley"), the Company's nominated adviser for the purposes of the AIM Rules for Companies ("AIM Rules"), has tendered its resignation as the Company's Nominated Adviser and Broker, with immediate effect.



If ASG has failed to appoint a replacement Nominated Adviser by 03 December 2009, the admission of the Company's shares to trading on AIM will be cancelled in accordance with Rule 1 of the AIM Rules.


Enquiries: