Associated British Engin... Share Discussion Threads

[coolen] 08/6/2025 21:13:10

Share quote now restored ?

[hedgehog 100] 03/3/2025 16:01:57

30/01/2025 14:19 RNS Regulatory News Associated British Engineering PLC Annual Financial Report LSE:ASBE Associated British Engineering Plc

"Announcement 30 January 2025

Associated British Engineering Plc

Annual Report and Financial Statements for Year Ended 30 September 2024

The Annual Report and Accounts have now been released

"






"A • B • E

• ASSOCIATED BRITISH ENGINEERING PLC •

ANNUAL REPORT AND FINANCIAL
STATEMENTS FOR THE YEAR ENDED
30 SEPTEMBER 2024"

Extract from Chairmen's Statement from Rupert Pearce Gould and Colin Weinberg:-

"This has been a disappointing year as we have not found a possible target acquisition or reverse for the group; and the dollar has deteriorated further against the pound as at the year end. ...

We have continued the discussions with the Listing Authority and they appear disinclined to allow trading in our shares to be resumed, due mainly to our size. We find this unacceptable and on behalf of the thousands of shareholders who can no longer see a market price for their shares, we believe this is unacceptable.

During the year to September 2024 Associated British Engineering plc ("the Company") did not realise any more if its investments as the relevant markets remained depressed. ..."

[castleford tiger] 03/2/2023 18:00:18

will this ever pay me anything

[castleford tiger] 27/10/2020 18:30:10

A load of losses that have a value?

[withyone] 27/10/2020 17:44:52

As a very long suffering shareholder, I would say the future is very bleak. Having recently sold(given away??) the last active part of the group,and assets transfered to settle long term pension costs. It would seem the only thing left is the SE share quote. Other than use as a shell company, what else is there??. W

[coolen] 27/10/2020 12:23:28

Auditor has resigned due to "disagreement over fees". Year End has now been extended to an 18 month period. Next results, which will cover recent asset sales, deferred to at least March 2021 I guess.

[soft t] 03/2/2020 12:18:29

anybody know of the co. position at the mo.

[arthur_lame_stocks] 19/11/2018 17:37:41

They won't last the year imo.

[soft t] 19/11/2018 17:14:48

well well---------------------worth a punt,or falling knife.

[coolen] 17/11/2018 19:04:23

Despite its small size, ASBE is fully-listed. As such it would not have a nomad, as required for AIM-listed companies.

The procedure would be for either the LSE to request a comment or for the directors to themselves to contemplate whether one is necessary.

Past punters had been hoping that its Full Listing status would make it attractive for a reverse take-over by a private company.

[soft t] 17/11/2018 16:50:21

after such a dramatic fall would the nomad ask for a co. comment,-----------

[coolen] 16/11/2018 22:36:52

Answer: the jobber: it's only pocket money for Winterflood.

Of more concern is the lack of an immediate buyer, given that this was a useful percentage stake.

Of equal concern is that the seller does not seemingly appear in ASBE's accounts as a declared holder.

Although it could be hidden within the string of nominee declarations, the beneficial owner should have declared that stake. Naughty, naughty !

[soft t] 16/11/2018 15:33:39

who took the 97000?

[soft t] 16/11/2018 10:30:43

what no RNS re collapse?

[arthur_lame_stocks] 09/10/2018 16:03:14

These'll be bust soon imo.

[soft t] 09/10/2018 15:58:09

a buy!!!!!!!!!!!!!!

[soft t] 09/8/2018 16:30:52

sellers at 20p says it all

[arthur_lame_stocks] 15/4/2018 13:15:05

Anyone see the irony in preparing the accounts on the going concern basis?

"The financial statements have been prepared on the going concern basis. There have been no changes to accounting policies in the 6 month period to 30 September 2017. Based on the group's budgets and cash forecasts, the Board considers that the group has sufficient resources to meet all necessary outgoings and to enable it to continue in operational existence for the foreseeable future."

Personally i'd be surprise if they lasted the year.

[soft t] 12/3/2018 16:15:42

£60,000 seller someone is taking all the stock that comes along.

[arthur_lame_stocks] 10/2/2018 09:38:33

This looks certain to go bust soon.

[soft t] 10/2/2018 08:44:02

how much does a full listing coast the co.any real value in the freehold land? value of the co. apart from the latter is pretty poor.