Asia Capital Share Discussion Threads

[stephanie_m] 30/8/2006 06:10

Hi
No...

Tempting speculation but on balance will have to leave it and concentrate on the action in GOLD OIL

REgards
SM

e mail. [e-mail]

[ascaplehorn] 29/8/2006 10:52

Has anyone confirmed that this Kaushik Thakkar is actually the one that has joined the board?

[newkid] 26/8/2006 14:58

If portwise reverse into ASI it would be a good move if they are not already listed. It cost around 500K to join AIM so for 300K they can get listed and to boot get another 2.5 mill worth of tax burdens. Not sure what the share holders would get from such a deal.

Regards NewKid

[stephanie_m] 26/8/2006 08:46

Hi
You make money by taking a chance. Highly speculative I agree.
Regards
SM

[fido] 25/8/2006 23:41

Personally, I would wait until the situation becomes clearer.

[stephanie_m] 25/8/2006 22:07

Hi

Fido..Do you think it worth buying a few as a sheer speculation.?

May just do that

Regards
SM

[fido] 25/8/2006 21:55

It would be speculation to say it will happen, but if it did then it seems like a good business to be in:

In a world ridden with identity theft and corporate espionage, PortWise protects over 400 organizations and 6 Million users.

Here`s hoping.

[stephanie_m] 25/8/2006 21:26

Hi
The new director od ASIA Capital owns Portwise...see link above.

Regards
SM

[newkid] 25/8/2006 20:18

What's the link with portwise.

Regards NewKid

[stephanie_m] 25/8/2006 19:57

Hi
Fido..... An interesting observation!!!and I think there will be activity in the shares this month. Will be delisted in two weeks if there is no corporate activity.
Regards
SM

[fido] 25/8/2006 12:11

It could be that our NEW director wishes to float his business:

[tanline98] 30/7/2006 00:40

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[stephanie_m] 29/7/2006 22:12

Hi
Some action has to be taken by Sept if it is to retain its AIM Quote.

Its a case of double or nothing.

As a complete and utter speculation something could just happen. I have no idea if this will happen but Id prefer to put my £100 that it will rather than back Man Utd to win Premiership this season.

REgards
SM

[freeflow1] 17/7/2006 15:00

My holding is now worth 0.77 pence !!

[newkid] 03/7/2006 15:52

How on earth can a company make losses when it is not trading. Looks like the only two directors are still picking the bones of a dead dog. Anyone like to take a pop at how much this is worth as a company.

Regards NewKid

[bitterlemontart] 30/6/2006 07:20

Asia Capital PLC
30 June 2006


Asia Capital plc

30 June 2006

ASIA CAPITAL PLC (the 'Company')

Preliminary results for the year ended 31 December 2005

Asia Capital plc ('Asia Capital') announces its results for the year ended 31
December 2005.

Extracts from the Chairman's statement and the Report of the directors

I am pleased to report the financial results for Asia Capital plc for the year
ended 31 December 2005.

Pre-tax losses for the financial year were £301,000 compared with losses of
£224,000 in the previous period. Loss per share was 0.37p compared with the
previous year's loss per share of 0.28p.

The financial year 2005, and the start of the current financial year, have been
frustrating in terms of the delivery of our objective of identifying a suitable
acquisition for reversal into the Company. Although the process of identifying
the right transaction is taking longer than ideally we would like, this
frustration is tempered by the satisfaction that we have been careful not to
take the Company down the route of completing an inappropriate transaction.

During the year, we worked hard to seek out a suitable transaction to meet our
key criterion, namely that any transaction should provide an opportunity for
significant capital growth. At the interim stage, we reported that we had
reached an advanced stage of discussions in connection with one potential
acquisition though, unfortunately, it proved impossible to take that particular
opportunity through to completion. In the meantime, Asia Capital remains an
attractive shell, offering as it does a stock market listing and tax losses.

Outlook

Shareholders should be aware that, in accordance with the AIM Rules, if no
transaction has been announced by 22 September 2006, the Company's shares will
be suspended from trading on AIM.

We continue our search for a suitable opportunity and, to expedite this process,
we are maintaining the broadest criteria in terms of the type and sector of
company we would consider. Some observers believe that, following recent market
volatility the IPO market might slow, which in turn could add to the
attractiveness of a shell such as Asia Capital as a route to a stock market
listing. We are committed to creating shareholder value and look forward to
updating shareholders in due course.

Results and dividends

The consolidated profit and loss account is set out below and shows the loss for
the year. No dividend is recommended in respect of the year.

Nigel Robertson
Chairman
30 June 2006

[vision88] 31/3/2006 16:31

NewKid

my sentiments entirley.

[newkid] 31/3/2006 09:55

Looks like the mm's are looking to get rid of their holdings. Shareholders get stuffed and Directors move on to the next rip off. These Directors should not be allowed to trade IMHO. If they were any good this would not have happened

Regards NewKid

[thunderdfive] 30/3/2006 12:45

Catch the wave while its rolling :)

[ascaplehorn] 30/3/2006 12:42

Still no news, anyone know if shares will be suspended on the 1st or over the next few weeks?
No news no buying not looking good

[seeker2] 27/3/2006 11:28

Yes , I too have had words with mr kanabar.when gaming insight went under I made some calls and got the same response.he couldn't give a toss.My fault for making that choice but his attitude is what really gets to me.
These guy's really know how to play this game and take full advantage of the use of other peoples money.With all the small caps mr kanabar is and has been involved in how much of his own personal money has he risked?I don't know either. but have a guess how much he will loose if ASI go down.I don't know have another guess.
They may pull a rabbit out of a hat and ASI will live on in some way or another ,they may not even put a deal together but they will juggle things so it stays alive for whatever reason who knows.

[bitterlemontart] 26/3/2006 16:49

Have to say not at all sure about the likes of Haresh Kanabar and that Robertson bloke....

[ascaplehorn] 25/3/2006 12:40

I to have spoken to him as well, not the most forthcoming of people.
Also told me that they had to release news via 'official channels' and came over like 'WHY' am I bothering him.
Obviously can not be that busy if after 3 years they still have not got a deal.
Only 1 week left, could be interesting but I also get the feeling that we can kiss what is left of our money BYE.
Heres hoping

[newkid] 25/3/2006 11:30

E-mailed Haresh Kanabar yesterday with regard to the new AIM regs. Waste of time. News will be given using the normal channels. I take that to mean that this has had it.

Regards NewKid

[ascaplehorn] 17/3/2006 11:58

NOT LOOKING GOOD, NO NEWS NO UPDATE NO COMPANY.

NO HOPE OF GETTING OUR MONEY BACK???????

Up to fifty companies listed on London's junior market face having their shares suspended at the end of the month. By the 1 April deadline, all remaining AIM-listed cash shells with less than £3m in the bank must complete an acquisition. Otherwise trading of their shares will be halted and, at a later date, de-listed.

The London Stock Exchange, which runs AIM, decided last March that it wanted to stem the steady stream of tiny shell company floats on the junior market by giving them only a small window in which to make an acquisition. Of the fifty remaining shells - most of which have less than £1m on their balance sheet - a good number are likely to be working on deals ahead of the cut-off point. If they can demonstrate to the Exchange that they are in the middle of a deal they will avoid suspension. But those companies that have left it too late to comply with the rules face an uphill struggle. As the deadline approaches the value of their shares is likely to decline. Further, any target company they are in talks to buy will be aware of the looming deadline and will certainly push for a better deal for its own shareholders. The biggest risk of all for cash shell investors is that their boards rush into an acquisition that they subsequently regret, wiping out shareholder value in the process.

Of the options for those companies that are de-listed, the best one is probably to join the lightly regulated Ofex exchange. Although moving onto Ofex will hit the company's value, it is better than the alternative: shareholders left stranded in a wholly private company with virtually zero chance of an exit.