Avesco Share Discussion Threads

[gingerplant] 26/11/2013 07:09

Looks like they've found something to buy - unless there's a chance of a takeover? The former seems more likely:

"While the Board still intends to proceed with the Return of Cash, the Company has recently also been in discussions regarding another potential transaction [options to...] ... then to present such transaction to the Company's shareholders at the same time as, and together with, the [return of cash] Scheme."

[wjccghcc] 25/11/2013 10:28

They still have another week.

Also, given their quite diverse international shareholders, they're probably trying to structure it as advantageously as possible for other jurisdictions which is time consuming.

[erkman] 25/11/2013 10:24

Ok so why the delay?

[wjccghcc] 25/11/2013 10:08

Erkman, they have a mkt cap of 57mm, net cash of 25mm and generate a lot of cash even when they're loss making (cash-flow from operations 8.3mm in Q3 alone). I don't think there's much danger we won't get a payout.

[erkman] 25/11/2013 08:53

We are not going to get our money this year and possibly not at all if trading has been bad

[deanowls] 20/11/2013 13:29

To bury the bad news?

[rogash] 20/11/2013 13:27

Did a trading update early Dec. last year.May combine payout announcement with the trading update.

[salonie] 20/11/2013 08:58

As I was getting a little impatient with the lack of news, I phoned Avesco yesterday. I had a chat with someone in finance, and although she thinks the plans are unchanged, the Finance Director was not available. I am expecting a call back, however this may give them a little reminder that we are waiting news.

ATB

[quepassa] 19/11/2013 09:58

With the UK economy getting slowly but undoubtedly back into shape and with the prospect of a bumper "even" year ahead for 2014, looking forward to very good trading propsects for Avesco for the year ahead.

Will seriously be considering re-investing the proceeds of the special dividend back into more Avesco shares as I perceive a very bright future for this company.

ALL IMO. DYOR.

QP

[deanowls] 19/11/2013 08:59

I would also like it sooner rather than later,

I have enough stock but dont tell the wife!

Good luck mate

[stoxx67] 19/11/2013 08:49

if your wife only gets a CD then you don't have enough stock fella ;)

yep..well aware that they have advised they would advise in November, yep its still November, but we are getting towards late November...always best to advise prior to shareholders becoming uneasy...

trust this clarifies ;)

have a good one, hope the wife enjoys the CD

[deanowls] 19/11/2013 07:49

They have advised Stoxx,

It will be 1.10 and they will advise in November the date of payment for December, its still November and I would expect a nice tickle in time for me to buy the wife a CD for Christmas.

[stoxx67] 19/11/2013 07:35

its high time the company started to advise what is happening with regards the dividend..

[salonie] 18/11/2013 13:50

Deanowls, I'll have a guess at £3, in the run up to the £1.10 dividend.

All IMHO No Advice Intended.

ATB

[deanowls] 18/11/2013 13:46

I'm guessing 2.60 in the run upto pay day

[williemanjaro] 18/11/2013 09:21

As for chart pattern, we appear to hit a brick wall at £2.30...will todays buyers make any short term difference....stay tuned...stay glued!

[orange1] 15/11/2013 07:42

I am not a chartist but the blue squigly line appears to be showing the one finger
,up yours,formation. Anybody agree?

[ammons] 15/11/2013 06:36

I am not a chartist but this has been treading water since April and looks as though it is about to break out. Is that they way it looks to anyone else?

[wjccghcc] 14/11/2013 09:13

Erm why? They said the circular would be issued in November. Still 16 days to go.

[erkman] 14/11/2013 09:01

Thet dont want to part with the money. They will keep it into next year now is my guess.

[salonie] 11/11/2013 15:33

£1.10 divi coming soon!

[deanowls] 11/11/2013 14:08

Rns today about chairmanship shares not being held against a loan, expect the news soon now.

[erkman] 11/11/2013 13:10

They seem too keen to give us our money

[wjccghcc] 06/11/2013 11:40

They said the circular would be sent in November for a December payout.