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Share Name Share Symbol Market Type Share ISIN Share Description
Auctus Growth LSE:AUCT London Ordinary Share GB00BNGMVP25 ORD GBP0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 32.00p 30.00p 34.00p 32.00p 32.00p 32.00p 0 05:00:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 -0.0 -1.3 - 0.78

Auctus Growth Share Discussion Threads

Showing 226 to 246 of 250 messages
Chat Pages: 10  9  8  7  6  5  4  3  2  1
Jeez, how long does it take?
Another year of great achievement. I continue to hold :( One day Rodders!
Hedgehog, Mkt cap is around £1 mill. Cash is around £1 mill Annual costs are around £35k The BoD could go another 3 yrs without a deal, and the mkt cap and cash would still hardly be dented. When I spoke to the BoD at the agm, I got the distinct impression that the BoD are acutely aware of the perceived "inaction", and that they intend to do something about it. What, and when is still anyone's guess of course. That being said, we've seen other situations where a change in mgt can act as a catalyst also, although I'm not sure that will happen here. For a start, the directors/founders/sig shareholders own around 30% of the stock. I also understand that much of the money that was put into Auctus at the start also came from friends and family of the BoD and so on, so the stock is extremely tightly held. No-one buying/selling around these levels will be making much more than a 10-15% profit max, once you factor in the spread, so there is unlikely to be any real selling pressure in the medium/long term here either, as I'm fairly confident that those lth'ers will remain faithful to the BoD for the long haul In that sense, I feel Auctus is a very low risk speculative buy, and I will keep adding at every opportunity. L.
lazygun 30 Jun '17 - 18:29 - 1 of 10 1 0 " ... I am more confident that the BoD are holding out for that genuine opportunity, ... " 11/08/2017 07:00 UKREG Auctus Growth Plc Half-year Report "FOR THE SIX MONTHSED 30 JUNE 2017 AUCTUS GROWTH PLC CHAIRMAN'S STATEMENT Dear Shareholder, I present the Chairman's report for the financial period ending 30 June 2017, where the Company reported a net loss of GBP16,459 (0.62p per share) and as at 30 June 2017 had liquid cash balances of GBP991,666. During this financial period the Board has continued to actively evaluate a number a potential transactions across a variety of different sectors. At this time no formal agreement has been entered into by the Company however the Board remains focused on delivering a transaction that brings both value and growth potential to the Shareholders of Auctus Growth in the near term. Costs continue to be prudently monitored and are in line with the previously announced budget of GBP35,000 per annum. The Directors continue to draw no fees from the Company. Finally the Board would like to thank Shareholders for their continued patience and support. Further updates will be provided in due course in regard to the future plans for the Company. Malcolm Burne Chairman 11August 2017 ... " LG, A belated thank you for your AGM report. Main-listed shells can't be delisted for not RTOing, unlike on AIM, but that lack of urgency can be a double-edge sword. Friday's interim report from AUCT gives no indication that a deal is close, or even that they are confident of achieving one. It is possible to be TOO choosy. It's been three years ... if 'nothing changes', who's to say that another three years won't go by with still no deal? Look at RGP (Ross Group) for example ... where 'RGP mortis' might be setting in after a seven year wait: 30/04/2015 15:22 UK Regulatory (RNS & others) Ross Group PLC Annual Financial Report LSE:RGP Ross Grp. " ... The Board takes satisfaction in its rigorous control of overheads and preservation of the Group's Main Board Premium Listed status. ... During the year we have continued our work to explore a variety of strategic opportunities; primarily involving potential mergers, acquisitions and business alliances. We have, over the last five years looked at such opportunities in a variety of business sectors: ranging from consumer electronics, mining, mineral resources, green energy, internet service providers, to specialist supply chain management services. This is still the case, although up to now there has been no conclusive material event to report. ... " 26/04/2017 15:54 UKREG Ross Group PLC Ross Annual Results "… The Board takes satisfaction in its rigorous control of overheads and preservation of the Group's Main Board Premium Listed status: … We have continued to diligently research and explore strategic opportunities for the Group, primarily involving potential mergers, acquisitions and/or business alliances. Over the last several years, we have considered many proposals from within various industries; consumer electronics, mining, mineral resources, green energy, internet service providers to specialist supply chain management services. Whilst I reflect on the fact that yet another year has gone by without being able to present to our shareholders a really compelling opportunity, I equally remain both enthusiastic and confident that such a deal should prove possible and in due course we will hopefully have a well-developed proposal that shall reward our shareholders' patience and provide them with significant value. …" While HWC is still a shell after a mind-boggling sixteen years! - 28/06/2001 15:25 UK Regulatory (RNS & others) Final Results LSE:HWC Highway Capital " ... The Company is now effectively a cash shell and as such is seeking suitable acquisitions. Your directors are in the process of searching for a suitable business. ... "
hedgehog 100
Well, Mixed news... Continued good money mgt, to keep cost to the bare minimum, but, still no action.... Is it time for new mgt perhaps? New blood, fresh ideas, fresh vision? L.
Last few days roughly 1% bought at the full ask... With over 30% at least in directors and other lth'ers, this stock is going to get squeezed.. L.
coming along nicely........
Everyone who took part in the original placings were in at around the 50p mark, So given the low volumes over such a long period, my guess is that the majority of the shares, beyond the 30% significant share holdings by the directors/funds, are probably in the hands of lth'ers. No-one is really going to profit until they go beyond the 50p mark. L.
Looks like the buys are starting to trickle through. Well. It's been nearly 2 years, so perhaps something is finally in the wind.... L.
And another :)
Another buy at full ask gone through... L
Interesting reading. Prospectus show founders, directors and hnwi all participated at 50p, and they've hardly spent anything so far... L.
Still surprises me how much under the radar this one is. Clean shell, mkt cap less than cash assets Directors waiving salaries Main market listing so no timescale restrictions on doing a deal (unlike aim) Directors with natural resource sector and rto/ipo experience 30%+ in directors and lth holders hands Small free float available What more do people want from such a cash shell? L.
New thread on premium bb. Link to old thread: Regards L
Anyone going to the agm? L
Interesting, Clean shell, £1 mill cash, Directors foregoing salary, Annual cash burn £35k pa. 3 directors with apparent pedigree in natural resources sector, and in ipo' / rto's. No debt. But taking a huge amount of time to find something to invest in.. Agm end of June. Might be an opportunity to find out what if anything is happening... L
et la pumpe....
et la dumpe...
Up to 50 but will retrace throughout the day no doubt
Looking rather hotly active today, from the start, but I don't immediately spot the reason....? + 18%, as I type> f
Thanks for the interesting post mikeh30, hopefully the Auctus management are busy setting up a potentially lucrative RTO and the patience of the Auctus shareholders will soon be rewarded.
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