Celsius Resources Share Discussion Threads

[macansy77] 06/1/2009 16:17

it's gone past the point of trying to get any info out of the company - just spoke to my broker again who advised should have an answer from the compliance dept later today/tomorrow morning on furthering this with the FSA. Looks like i'm going to have to fill out some forms but will advise...

[julian41] 06/1/2009 13:36

I e-mailed them ages ago, but have had no response. They have absolutely no interest in keeping shareholdres up to date. This investment is a write off.

[macansy77] 06/1/2009 11:16

am speaking to my broker in conjunction with their compliance dept to determine what (if anything) can be done to legally progress this situation. My broker did manage to speak to Kuenzel who was singularly unhelpful. If they think they're going to get away with slinking off with what's left of the money, they can think again...


Just in case you're reading this Mr Kuenzel.

[crab4t] 31/12/2008 20:21

Has anyone any ideas on what can be done to bring the Cordillera management to a point where they MUST by law or by the rules of the FSA be forced to explain what has happened to Investors money that paid for shares in the aforesaid company. Surely taking moneyfrom investors and then not even keeping them informed of any progress or developments cannot be legal or acceptable !!

[macansy77] 03/11/2008 16:45

i think time should be called on this "outfit" and any monies remaining passed back to shareholders. This is assuming of course that the directors haven't already made off with it thinking nobody would notice??

[rkjones] 03/11/2008 16:25

Last I heard, they had sold their interest in the steel works at a small loss and were looking to reinvest. Deathly silence since!!

[julian41] 03/11/2008 16:22

I also e-mailed about 3 weeks ago. Nothing back, but then I didn't expect anything.

[theophilus] 03/11/2008 15:53

RNS Number : 3239F
Capital Lease Aviation PLC
08 October 2008


Capital Lease Aviation Plc
("CLA" or "the Company")


Secures a senior secured, revolving warehouse facility for US $100m

The Board of CLA, the AIM quoted aircraft leasing company, announces that it has been successful in obtaining a further finance facility for US $100 million, with provision for a further US $50m subject to a syndicated book build.
The salient terms of the finance facility are as follows:

* The facility is from a major European Bank and is a facility to provide a full recourse, senior secured, revolving warehouse facility (the "Facility") to partially fund the purchase price of assorted aircraft. The
Facility is underwritten by the bank in the amount of US $100m, with provision for an additional US $50m which is subject to a syndicated book build;
* The Facility is a revolving facility which allows drawings and re-drawings over a 2 year period with a 3 year term out;
* The Facility has a 60-month expiry term with a senior margin of 2.25% above the banks cost of funds, which is at or about LIBOR.
Drawings may be made up to 80% of the value of individual aircraft, with the balance being funded by the Company;
* The use of proceeds is to purchase new generation Airbus A330-200 / 300, Airbus A320 family and Boeing 737 NG leased aircraft;
* The security is in the form of a registered mortgage over each aircraft purchased using the facility.


Jeff Chatfield Chairman said "We believe that aircraft valuations are in the process of dropping to a point to be highly advantageous to buyers. We anticipate returns to serious long term investors based on purchases made in the near term to be highly attractive. The current market conditions may represent the best opportunity since 2001 to purchase high quality, newer aircraft that are operated under lease by top tier airlines."

---Ends---

Enquiries:

CAPITAL LEASE AVIATION PLC
Jeff Chatfield, Chairman
07783 942 553

[theophilus] 03/11/2008 15:50

Capital Lease Aviation Plc

("CLA" or "the Company")

Final Results for the Year Ended 30 June 2008

The Board of CLA, the AIM quoted aircraft leasing company, is pleased to announce its final audited results for the year ended 30 June 2008.

Highlights:

* Revenues from aircraft rental activity £1,751,816 achieved mainly in Q4. The
annualised base rental revenues for the aircraft on hand as at 30 June 2008 increased to £7.45m.
* Group net post tax profits of £814,439
* Total assets of £56,501,961
* Acquisition of six aircraft valued at £55.9m since commencing an acquisition process in September 2007
* EPS (fully diluted) 0.81 pence
* Shares admitted to trading on AIM
* The results were achieved in a difficult period of the aviation industry cycle and economic climate, particularly with the tightening of credit.

Commenting on this set of results, Jeff Chatfield, CLA Chairman, said:

"I am pleased to report the year ending 30 June 2008. The performance of the period was satisfactory with the group increasing its asset base to £56.5m and generating net profits after tax of £814,439 on revenues of £1,751,816.
Our first year results indicate that the Company has commenced profitable operations. Profit levels are as expected given our limited history, especially as they were achieved with only a limited number of aircraft in the portfolio with the bulk of the revenues generated during the last quarter. The Company is well placed to continue to grow and acquire aircraft."


--ENDS--
Enquiries:

Capital Lease Aviation Plc 07783 942 553
Jeff Chatfield, Executive Chairman

[the dogsbody] 31/10/2008 15:42

Can't find a thing since the Letter to Shareholder dated 13th Feb 2008
and Results of AGM 7th March 2008.

Might be worth trying to contact the Company Sec at one of his other
many posts such as Atlantic Coal -

[farmersutical] 31/10/2008 15:29

Who ever said ' no news is good news ' never owned shares in this shower of
s--t. At least when your mugged you get a chance to see the villan.
Call the coppers!

[macansy77] 31/10/2008 11:55

has anyone heard from CLA? I've emailed them several times and heard nothing back so I can only assume they've made off with whatever money was left - time to get that bastion of uselessness involved, otherwise known as the FSA...

[helpaargh] 29/7/2008 09:11

Is there now hope?


INDUSTRY
Nikšić-based ironworks makes profit
Author/source: Mina - Business
NIKŠIĆ – Production of 20,000 tons seems to be constant. After revitalization of production plant, the stake of quality steel should account for 80%.
Željezara Nikšić ( Nikšić Ironworks) has been making profit in the past three months. Income should continue to grow, said the Members of the Board. Production of 20,000 tons seems to be constant. After revitalization of production plant, the stake of quality steel should account for 80%. The Directors are to allocate EUR 800,000 to the employees for solving housing problems. The salaries have been regular and higher than planned by the collective agreement.

'The average salary amounts to EUR 600, while the collective agreement plans EUR 424', said the Board.

The owner of Željezara Nikšić is a Dutch company MNSS B.V. According to the contract with the Montenegrin Government, the Dutch are to invest EUR 7mn into production plant. They have deposited EUR 2mn making investments for the first two years possible. MNSS B.V. is to spend EUR 3.5mn for the purchase of cranes for the Port of Bar.

[woddle] 08/7/2008 20:01

we are worth f in nowt now what u talking about

[jpuff] 08/7/2008 19:36

look on the bright side, had we been relisted then we probably would have been worth nowt by now in this market!

[helpaargh] 19/6/2008 08:41

Lax goverment, corruption, and high coal prices, I really can't see much hope for MNSS.As far as Cornhill goes they were great when working with Phillip Securities but on their own they stink.

[pnepne] 19/6/2008 08:28

it just gets better and better, is there any eral prospect of getting anything out from this bunch of @?>#'s and if so what is the realistic time scale

good luck

[helpaargh] 19/6/2008 08:26

Some mention of money laundering re MNSS

[macansy77] 18/6/2008 21:39

has anyone spoken to Cordillera recently? I'm half inclined to give 'em a call but i've got my blood pressure to consider ;-)

[macansy77] 18/6/2008 21:37

Cornhill are little better than yer "traditional" bucket shop i'm afraid...

[pnepne] 18/6/2008 21:26

hello all, i purchased some MNSS via Cornhill about 2 years ago and have been unable to get any information from them since , i have not had any contact since they cashed the cheque.

Yesterday i received a statement from some company telling me how many shares i have so i have looked at the company online and it looks screwed , they are being forced to sell as they have no money to re invest no doubt the original IPO PI's will get sweet FA and this will get rolled up and then shipped onto a bank or a bigger VC ,

Just feel gutted as this seemed to be a goer but they completely miss managed the situation

It would appear that we are all in the same boat.

HAs anyone else had any experiences of Cornhill that did not result in at least a 90% loss as all the companies that i have researched that they sold on have tanked.

It is a bit like the film where they sell fake companies and pump and dump them , or am i being cynical

Still put the shares in the bottom cupbaord along with independent energy etc etc ......

regards

[mirandaj] 17/5/2008 13:30

Any comments? Printable ones?

[sbs] 13/5/2008 08:07

Richard Sinclair, CEO of Capital Lease Aviation, talks about his company in , filmed at the recent show.

[macansy77] 04/5/2008 08:31

probably written them off like the rest of us poor muppets!

F'ing disgrace - this was a total shambles and we've almost certainly been taken for a ride on this one...