ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

BEK Berkeley Tech

4.31
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Berkeley Tech BEK London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 4.31 00:00:00
Open Price Low Price High Price Close Price Previous Close
4.31 4.31
more quote information »

Berkeley Technology BEK Dividends History

No dividends issued between 28 Mar 2014 and 28 Mar 2024

Top Dividend Posts

Top Posts
Posted at 09/11/2010 09:30 by 25babies
Have I missed something - Peter Gyllenhammar is acquiring BEK shares and has over 11% now. He must believe that there is some added value at the current share price
Posted at 01/11/2010 09:37 by hugepants
Wondered why the rise, missed Fridays RNS.
DYOR of course but Im expecting 10p minimum back. BEK had $10M net cash at end of June and $1.5M in private equity. If they sell private equity at 50% of book value and continue cash burn to end november we're left with $10M net cash.

Then its to do with closure costs. The leases expired last month ($235,000 per annum) and the company has only 4 employees. None of the directors have service contracts. If you allow $2M to close then left with $8M which is 10.5p based on 1.6 $/£ and 47.5M shares.
Posted at 14/10/2010 12:37 by hugepants
Can you believe this has stock has a full London listing. How much does that cost per annum.
BEK is listed with the likes of BP and Vodafone. You could put this mutt in your ISA.
Todays volume is higher than normal though. 392 shares bought at 6p for a total cost of £23.52 before charges.
Posted at 14/10/2010 11:32 by ben value
I have been trapped by the BEK spread for nearly four years! Is this a record?
Posted at 18/8/2010 12:43 by the diviner
I am out.

As per my last post, I only held 25,000 shares and I managed to sell them today @ 4p for a small loss.

It could be that my timing is bad and that BEK is about to take off as the share price has gone up a little but it was starting to feel like a Value Trap to me.

I hope that the share price of BEK does increase for those who still hold and I wish all holders of BEK shares well.

Regards,
TD
Posted at 17/8/2010 18:31 by hugepants
Someone bought 50,000 and put 25% on the share price. I dont think it was the company buying since they can only buy at +/- 10% of the mid price.

At last results BEK had:

net cash of 13.75p per share
private equity of 2p per share

I wonder what happened to the Xtera float.
Posted at 05/8/2010 12:30 by the diviner
I only have 25,000 shares in BEK and I only paid 4.2p for them a year or so ago but I am already sick of waiting for good news to arrive regarding the BEK share price. - As others have others have pointed out the price of BEK shares is not likely to rocket soon.

To test the theory that the company want to buy back the shares at up to 4.4p, I tried a Fill or Kill order to sell my 25,000 BEK shares @ 4p but it was rejected.
Posted at 12/7/2010 09:32 by hugepants
Is this going to work for a stock with zero liquidity such as BEK. eg current share price is 4p, therefore the company will be able to buyback shares at between 3.6p and 4.4p. But current spread is 3p-5p. Or do they place a buy order at 4.4p and the market makers push the bid price up to try and get sellers at 4.4p?
And why only 10% above? PMHL can buy back shares at 20% above the recent average price.

PROPOSAL 5 - REPURCHASE OF SHARES ON STOCK EXCHANGE

A special resolution is proposed as special business, to empower the Company,
subject to the provision of the Companies (Jersey) Law 1991, to make purchases
until 30 December 2011 of the Company's own shares on the London Stock Exchange.
Purchases will not be made of more than 9,600,000 shares, less than 15% of the
total issued Ordinary Shares. Such purchases may only be made at a price not
more than 10% above, nor 10% below, the average of the middle market quotations
for an Ordinary Share derived from the London Stock Exchange Daily Official List
for the five business days before any such purchase is made. The Board of Directors unanimously recommends shareholders to vote FOR this
special resolution, which will allow the Company to repurchase publicly less
than 15% of the Company's Ordinary Shares, subject to certain restrictions on
dates, amounts and prices.
Posted at 22/12/2009 20:31 by hugepants
BEK pay £100,000 in audit fees. Is that normal? It seems an incredible large amount. BEK is a tiny company.




....For the years ended December 31, 2008 and 2007, BDO Stoy Hayward LLP and
BDO Seidman, LLP billed or will bill the Company for the following fees:

2008 2007
Audit Fees $151,967 $146,441
Audit-Related Fees (1) $12,078 $13,970
Tax Fees (2) $2,070 $3,025
All Other Fees $0 $0

(1) Related to the audits of our insurance regulatory reports.
(2) Related to tax compliance services.
Posted at 30/11/2009 20:19 by adam
Looking at some old notes... Mahi Networks was one of Treugers hopefuls back in the dot com boom days. It got acquired by Meriton and then by Xtera. BEK also separately funded Xtera (in 2001) prior to the acquisition of Meriton by Xtera. Not strictly relevant, but there you are...



The funding for Mahi was also large ($255m in total), so it is possible that BEK have a registrable holding if it was not acquired for cash (less likely). I would assume then given subsequent funding of Xtera by BEK that it is the larger holding (perhaps wrongly) and therefore book cost is $844k last quarter

As of September 30, 2009, the Group's investments consisted of three private corporate equity securities with individual carrying values of less then 10% of the Group's shareholders' equity. One of these investments, with a carrying value of $357,000, is in preferred stock of a technology company that was a consulting client of BICC until February 2009. Another investment, with a carrying value of $140,000, is in preferred stock of another technology company that was a consulting client of the Group in prior years. The third investment has a carrying value of $844,000 and is in preferred stock of a technology company



Certainly another is Alacritech - which looks deceased. I don't know what the 3rd is off the top of my head.

Plausibly then BEK might recover a premium to book value for Xtera.

Your Recent History

Delayed Upgrade Clock