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Share Name Share Symbol Market Type Share ISIN Share Description
Cerillion Plc LSE:CER London Ordinary Share GB00BYYX6C66 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 620.00 610.00 630.00 630.00 620.00 620.00 21,725 08:00:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 20.8 2.6 8.8 70.5 183

Cerillion Share Discussion Threads

Showing 10951 to 10971 of 11150 messages
Chat Pages: 446  445  444  443  442  441  440  439  438  437  436  435  Older
DateSubjectAuthorDiscuss
14/11/2007
17:03
Still here too. Like you shutler, as an ex EKA holder I will not be investing in Foo again. He is obviously intent on putting his own interests above his shareholders. I am satisfied in the situation where I have recouped about 90% of my original EKA investment, and with put the remainder down to experience (or rather lack of it ).
bonzophil
14/11/2007
12:56
Still here and did the same as your self dont expect a reply but H
hpreston
14/11/2007
12:55
I am still in. I will wait until I know the aceptance rate as well.
eastwind
14/11/2007
12:10
I'll take it everyone's left then? Just phoned the supposed shareholder helpline and left my words of disgust for the board and this shameful deal. I'll probably wait for the revised offer details and see what kind of acceptance rate they get before considering the matter further.
shutler
10/11/2007
15:58
Oxus, which definitely felt like a multiple mugging exercise...thankfully managed to exit around level in the end (so a prolonged period of dead capital). More recently Ovoca, which again I've not lost anything on, but did see the share price go up over 50% only to see some Russian civil servant (for whom one broker has developed a specific term to apply to his impact in share prices - 'the Mitvol factor' I believe) trot out various statements of breach of environmental law, apparently wholly unsubstantiated, nevertheless the share price dropped around 50%. Following the drop, Ovoca purchased the remainder of the Goltsovoye Licence which required the issuing of loads more share options to the majority Russian shareholders at around 8p, rather than what would have been substantially less shares had the price remained or exceeded the 14p it had reached prior to the statements of breach... Whilst it's impossible to be sure what's going on here, I certainly have the feeling of a theme developing with investments in this part of the world, one which makes me consider them undesireable.
shutler
10/11/2007
14:24
Shutler, thanks for your opinion. I also believe we are sold off cheaply because the directors can get better compensation in related deals. You had bad encounter in FSU investments, eg EKA, what are other companies?
eastwind
10/11/2007
10:50
Shutler, I agree with you. I will certainly not accept the offer and hold on until it is compulsary taken. I think no one else has given the support to the offer. My question is: if Severstal holds 45% of the company, will other shareholders suffer when the company is managed by Severstal? If they are good manager, I do not mind being a shareholder of the new Celtic.
eastwind
10/11/2007
08:57
I read that they now are able to get their hands on 45% of the shares (Telegraph), it sounds like the Company realised the game was up, hence the about turn.... it seems that quite a few holders were happy with the price after all. It's a shame really as the cash flow over the coming year is going to be very impressive and in my opinion worthy of a higher price. Also the company has a lot of cash, perhaps we could have had some of this returned via a special dividend prior to the sale (say $50 m returned, would have been nice).
kibb2
10/11/2007
08:19
Disgrace, when the extra 10 p would hardly pay for the letters sent out to shareholders...not to accept 270...........especially with the strong fighting talk those letters contained. Surrender Monkeys, another fudged deal, but obviously no faith in their own ability to make a go of it anymore, but i guess as a long term shareholder , i lost faith in them long ago. Foo Hannen and Co must have been bought off, just like the missing shares of NEZDANISKOYE this company has been run by crooks and wide boys and questions should be asked.
sh4nnon
10/11/2007
01:40
Not really - I might keep on about EKA, but with these kind of people around, did you really expect CER to be anything different.
papalpower
09/11/2007
19:06
Why the sudden surrender?
munin
06/11/2007
09:12
SHutler - thanks for that.
rupe1958
06/11/2007
09:03
Rupe1958 I'd suggest you read back through the posts over the last couple of weeks, as plenty of folks have expressed views about this offer and whether or not it would be worth accepting. I certainly won't be accepting it as I consider it to significantly uncervalue the Co. and its' prospects over the next couple of years. As regards Barrick, please correct me if I'm wrong but from memory, I think Barrick said their shares would be available following a 'successful offer' by Severstal, I'm sure someone else will know precisely what percentage acceptance is required for this to occur. There is still of course the possibility of another bid at present, although things have gone quite quiet on this, but my preference is for Celtic to remain independent, so I won't be tendering my shares, and I'll be using my shares to vote against any proposal by Severstal to oust the current management, should they fail to secure a takeover.
shutler
06/11/2007
08:47
Can anybody offer a view on whether or not to accept the Severstal offer at 270p? Seems to me that Severstal will defiitely get control, as they already have Barrick's 6% lined up. Once Severstal has control, CER will presumably continue to be listed, and its shares might rise with Kevin Foo out of the way. But this is a nice profit from 163, and it is tempting to take it.
rupe1958
06/11/2007
07:53
Celtic Resources sells off Russian stake Tuesday, November 06 07:15:20 (BizWorld) Celtic Resources has announced proposed sale of its 70pc stake in the Tominskoye copper project to a subsidiary of The Russian Copper Company. Anime Global, Celtic's joint venture partner in the project, is also selling its 30pc interest in Tominskoye to RCC as part of the transaction. The consideration received by Celtic and AGL at completion will be approximately USD25 million in cash Commenting on the disposal, Kevin Foo, Managing Director of Celtic, said, "this transaction further demonstrates our ability to add value for shareholders. Once the disposal is complete, we will have raised approximately USD44 million in cash from the sale of assets which came into the Celtic Group through Eureka which cost approximately USD32 million. It also allows us to focus on development of our core gold and molybdenum assets which includes the highly attractive Shorskoye molybdenum mine,which was also an asset of Eureka." Celtic said the purchase price may be adjusted after completion, depending on the results of a joint drilling programme to determine the actual copper tonnage present in Tominskoye. The costs of this exploration programme are currently estimated by Celtic to be USD1.9 million, of which Celtic will fund 35pc. The minimum sum, which Celtic will receive for its stake in Tominskoye will be USD 14 million and there is no limit on the maximum amount which Celtic may receive.
kermit
05/11/2007
23:56
I just take exception to the fact when Foo goes around saying things like that. He could have perhaps removed the reference to Eureka, and I would not have been offended by the rest of the statement.
papalpower
05/11/2007
23:12
No one said he wasn't right just sick of the repetition whining. H
hpreston
05/11/2007
10:46
Recently there is also a lot more to post of course. What would really help if CER can show some great gold and moly production results. It would be nice if they hit their targets for a change. Show us some great Q3 results and the share price can really move into save territory as far as the current bid is concerned.
zolota
05/11/2007
10:04
True Zolota PP is sounding like a broken record. Most of us had Eureka does he think he is a stand alone. As you say lets get value for our money with Celtic, its a pity the MM's didn't get behind it a bit as well. I will say we are getting more posts from the company something which didn't happen previously so it has shaken things up a bit there. I guess when the CEO owns that many shares it is going to hurt his back pocket more than ours. H
hpreston
05/11/2007
08:21
PP that was in the past I am more concerned that Severstal doesn't shaft you as CER holder once again. The 270 offer becomes sillier by the day. Here we have another 17.5 mln in the bank and the gold income on todays gold price is over 50mln USD.
zolota
05/11/2007
08:04
I think it demostrates how EKA holders were well and truly shafted........... "Commenting on the Disposal, Kevin Foo, Managing Director of Celtic, said, 'This transaction further demonstrates our ability to add value for shareholders. Once the Disposal is complete, we will have raised approximately US$44 million in cash from the sale of assets which came into the Celtic Group through Eureka which cost approximately US$32 million. It also allows us to focus on development of our core gold and molybdenum assets which includes the highly attractive Shorskoye molybdenum mine, which was also an asset of Eureka.'
papalpower
Chat Pages: 446  445  444  443  442  441  440  439  438  437  436  435  Older
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