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Share Name Share Symbol Market Type Share ISIN Share Description
Assetco Plc LSE:ASTO London Ordinary Share GB00B42VYZ16 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 350.00 320.00 380.00 350.00 350.00 350.00 0.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 5.3 -0.8 -6.3 - 4

Assetco Share Discussion Threads

Showing 1826 to 1850 of 2375 messages
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DateSubjectAuthorDiscuss
24/8/2011
08:57
Looking better now.
treacle32
24/8/2011
08:56
welcome comedy you may have timed well can not inderstand why people selling below 2.5 today mental?
warwick69
24/8/2011
08:42
lol the most ups and downs graph on market at mo...when they were in they were in...and when they were out they were out...ohhh the cookkie cookie and we all fall down?:)
comedy
24/8/2011
08:40
well ive gone for it again this morning...just bought in 2 batches...lets see if lucky or unlucky.
comedy
24/8/2011
08:39
well Treacle market sees it completely diferently. I was a big gainer when JJB went through cva shares fell and fell to about 11-12p but as soon as agreement by landlords was agreed then shot up to 38p the same day as i managed to sell some for a triple bagger. did eventually go lower settled at 21p but still posative once CVA complete. see same here once agreement with creditors settled, as someone said for them it is something or nothing?
warwick69
24/8/2011
08:08
Morning All. weak should be cleared out first thing today. The SOA RNS should bring about the big rises tomorrow imo.
treacle32
23/8/2011
21:49
The company told us on the 25th July that the buyer had to reach agreement with the creditors. The buyer doesn't want to pay all the debt. Today's new is imo not new news. Finally, IMO the large shareholders got wind that the buyer doesn't want to pay all the debt. They want a decent price for their shares and imo showed their hand with the 10m injection. If the buyer doesn't satisfy the shareholders, they still can't get their hands on the company. ASTO is a prime target to be acquired and for the Middle East contracts imo. None of the 10p backers who hold shares from far higher prices have sold their millions of shares over the last few months even when the price rose to 7p in July? I think we're going over that 3p barrier now with this news out...imo big positive stride forward on takeover developments. There's a further RNS due after the court hearing on Thursday and imo that will be by lunch-time. Once the Scheme of Arrangement is confirmed through the courts, I think these will rocket like last time after the court hearing and for all the reasons I've highlighted earlier. I've had time to digest it all and very good that the RNS was released outside market hours. I can see the price rocketing on Thursday once the next RNS comes out. Last time it was 350% intraday actually.....and next resistance on chart is at 7p once 3p is broken properly, this is where the price got stuck last time intraday. I really can see 7p still at some point this week. DYOR! The price rose 350% intraday last time for a month's grace, the SOA is even more of a saving grace.
treacle32
23/8/2011
20:47
If the bidder doesn't offer a decent amount of for the shares, the large shareholders have shown their hands with the 10m injection. So the bidder in my view just needs to get the creditors out of the way and offer a very good price for the shares. If they don't offer a decent price for the shares, they'll have to walk away empty handed. Would the big giants really want to walk away from such an opportunity? Could pick up ASTO for 20 million on the shares (7-8p) and whatever get could get agreed with the creditors. Becomes hell of a lot more attractive if the large debt substantially reduces. How much is ASTO worth then? 15-20p or even more? It's not about Thursday but in my opinion keep the patience for the next few days/weeks. Would we see the more larger buys now if Scheme of Arrangement gets implemented? I think so. Will more interested parties surface to get their hands on ASTO? I think so.
treacle32
23/8/2011
20:42
Sorry to see say this but it looks like the "investor group" are the only ones going to prosper from this if it doesn't go down on thursday. A private equity placing of around 1p which will be open to them only as the biggest shareholders which will at least let them recoup some of their losses with bigger holdings at the end of it. why accept a 2p takeover from a bidder when they when they already have a massive loss.
tez123
23/8/2011
20:28
From the 25th July RNS: now we have got the Scheme of Arrangement news..if implemented, what next takeover??? The potential bidder could offer 25p in the pound to the creditors and to get the large shareholders to sell at 7-8p for the shares? If the company had got bust, maybe the creditors could have got 5p in the pound. 'In addition, discussions with a potential offeror have reached a very advanced stage but we have not been able to reach agreement, and as the potential offeror also needs to reach agreement with the banks'.
treacle32
23/8/2011
18:41
Seems some good news to me, didn't JJB do something similar when languishing at 5p? Didn't JJB go down the road of CVA first...and then rises to 35p from 5p levels. Why can't it happen here when the Scheme Creditor Arrangement seems a better option than a CVA. If the takeover doesn't come then we might get more hefty rises et al JJB in the coming weeks? It might be better for us for a takeover to not happen for even bigger gains. With JJB there were constant proposals about fundraising but I don't know exactly what was implemented. I can see good rises soon on the back of today's news espcially once we've broken 3p. I think we might get more of a rise now.
treacle32
23/8/2011
17:20
in this day and age the creditors will look hard at the proposals ,the alternative is 5p in the pound back on the outstanding invoices the courts rarely go against the company applying for the Creditor Scheme of Arrangement if they consider its the better option for all parties 25p in the pound is better than 5p in the pound. When used to reach a compromise with creditors, a scheme of arrangement can keep a company trading rather than being liquidated, which benefits both creditors (assuming it is worth more as a going concern than its assets would be) and shareholders. hopefully a nice rise tomorrow on the back of this news
janekane
23/8/2011
17:17
http://moneyterms.co.uk/scheme-of-arrangement/ Paving the way for the takeover. IF its approved then the takeover will be tabled.
baldeagle5
23/8/2011
17:09
So no mention of any potential offer still on the go. It would appear as though we are now going cap in hand to our creditors and if they reject the proposition we are fuc%$ed. Magic :( AIMHO
caledoniaman1
23/8/2011
16:44
RNS. Any idea ?
deswalker
23/8/2011
15:45
And of course you have all of our bests interests at heart with that post greedear ! - you seem to be very aptly named !!
caledoniaman1
23/8/2011
15:45
And of course you have all of our bests interests at heart with that post greedfear ! - you seem to be very aptly named !!
caledoniaman1
23/8/2011
15:30
No offer? That's bad....because I really would hate to see the equity injection first. The investorsgroup currently hold 160 million shares (at least) out of 250 million. If the current value is 10 million (4p) then after the equity injection it would be 20 million. But..... if the new shares are issued at 2p the investors group will hold 660 million out of the 750 million. 20 million/750 million is 2.7p. If they dillute at 1p it's 20 million/1,250 million it's 1.6p. While current takeover bid might be 4p after the share issue it will be 1.6-2.7p. And that's assuming a takeover will take place.
greedfear
23/8/2011
13:35
Last big shake before good news imo.
treacle32
23/8/2011
13:09
Yes indeed Warwick. I can wait another 2 or even 3 weeks for the takeover.
treacle32
23/8/2011
13:08
worth reiterating that the offer period started back in january AssetCo PLC 31 January 2011 AssetCo PLC ("AssetCo" or "the Company") Statement re Press Speculation The board of the Company notes the recent press speculation and announces that it is in discussions with a third party that may or may not lead to an offer being made for the Company. The third party is not J O Hambro. Shareholders should note that there is no certainty that any offer will be made or as to the terms of any offer were one to be made. The Company has appointed Evolution Securities Limited to advise it in connection with these discussions. In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the "Code"), the Company confirms that, as at the close of business on 28 January 2010, it has 90,712,740 ordinary shares ("Ordinary Shares") in issue The International Securities Identification Number for the Ordinary Shares is GB0033997387. For further information please contact: I have just spoken with Arden Associates and they confirm that no offer has been made if it had been it must be immediately disclosed to the market. The court hearing is a completly seperate issue and the courts are not referring to any bid when they state that the issue can be put back they are solely looking at the credit status of the company in whether it should be wound up or not? so the two issues are not conected and hence why there is no neccesity for there to be any announcement before thursdday re a BID. Thursday is all to do with the credit worthiness of the business I.E is it solvent and able to continue trading? Hence the major shareholders putting up additional cash?
warwick69
23/8/2011
12:50
and yet it goes down Games Games Games we have already had 25% from highest trade to lowest trade some serious volatility in this share?
warwick69
23/8/2011
12:44
Nice 312K buy at 3.12p.
treacle32
23/8/2011
12:14
Treacle32 no sucker for punishment got back in later still agree there is some major money to be made in this with luck?
warwick69
23/8/2011
12:01
Warwick, I'm hoping for a takeover at 7-8p. have you not moved on yet after getting into the state that you did?
treacle32
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