Clearstream Share Discussion Threads

[currypasty] 20/11/2004 11:08

Thanks for that, i will watch out for your posts.

[pilsner] 20/11/2004 11:07

A fellow yellowbelly! Hello Tamaybroke

[currypasty] 18/11/2004 16:11

now we know why MM's marked it down the other day... to get some stock in prior to the news... crafty lot.



85.0 - 88.0


press coverage expected next !

[pilsner] 18/11/2004 15:10

RNS Number:3989F
ClearStream Technologies Group PLC
18 November 2004



Press release 18th November 2004



ClearStream Technologies Group plc is pleased to announce that it has received
notification of CE Mark approval for its new rapid exchange PTCA catheter the
Nimbus PicoTM, from its Notified Body, SGS Yarsley. This catheter features
ClearStream's new XxtraflexTM transition technology improving access to complex
vessels. The Company will commence building inventory in December in preparation
for the product's launch in January.

[currypasty] 18/11/2004 13:11

a bit of a bumpy couple of days, very low volume though..todays price

80.0 - 85.0

[currypasty] 16/11/2004 10:16

88.0 - 92.0


A slow start after AIM listing, but making good progress now. My broker said they should be due some news coverage soon.

[currypasty] 16/11/2004 07:57

Up 2 on the BID

85.0 - 88.0

[currypasty] 15/11/2004 08:03

opening blue, at 83.0 - 88.0

[kalingalinga] 14/11/2004 14:58

thanks curryp. i couldn't get on to the web site when i tried before but have managed now and the document is there. only had a brief look but..

wow.. this was one sick puppy before the placing..absulutely everything that could be borrowed against was (loan notes, id facility, bank loans) + covertible prefs (in share cap) + guarantees and e600k PAYE obligations.

Plus .. can only present financial info on going concern status assuming the continued support of bankers.

I'm told this is an attractive albeit very competitive area to invest in but can anyone help me get a handle on the upside here given that it appears that a good deal of the funding will be spent on restoring the balance sheet (edit: I see most of this has been taken care of on the placing) and funding further losses (negative gross profit in 04).

k

[currypasty] 14/11/2004 11:14

kaling... sorry, i dont have the pathfinder in electronic form, and my typing is only one finger!

take a look at their website...

[kalingalinga] 13/11/2004 10:55

currypasty, do you have a copy of the prospectus in emailable form you could let me have? any ideas on research sources for this? thanks k

[currypasty] 12/11/2004 14:31

A very quiet first day, probably because nobody knows anything about them... dont worry, my guess is loads of press lined up!!

trading at 81 - 86 , so still time to get in close to the institution placing price

[currypasty] 12/11/2004 10:58

Clearstream set for AIM listing

November 12, 2004 10:37
Wexford based Clearstream Technologies' shares listed on the AIM market of the London Stock Exchange at 8am this morning.

The medical device manufacturer says the €7m in new money raised through the AIM placing will be used to bring new products on stream, increase investment in research and development and to enhance its manufacturing and distribution infrastructure.

The company employs over 100 people in Enniscorthy. It designs, manufactures and distributes catheters and stents, which are used worldwide in the treatment of heart disease. These devices allow the treatment of a variety of conditions, notably blocked arteries, swiftly and without the need for invasive open heart surgery.


Clearstream also announced expansion plans today, including the immediate creation of up to 10 new senior posts. These include positions in marketing, research and engineering.

Management owns 21% of the company

[currypasty] 12/11/2004 10:57

Friday, November 12 08:59:13

(BizWorld)

The Wexford medical devices firm Clearstream technologies has floated this morning on the AIM market of the London Stock Exchange.

Trading in its shares opened at eight o'clock.
The company, which makes stents and catheters, has raised 17m euro in placings ahead of the float.


It says the money will be used to bring new products to market.

It says it will also use the money for more R and D and to develop manufacturing and distribution.

Clearstream employs more than 100 people, mostly in Enniscorthy.

[currypasty] 12/11/2004 08:46

RNS Number:1498F
ClearStream Technologies Group PLC
12 November 2004


ClearStream Technologies Group plc is pleased to announce that trading in its
shares on the Alternative Investment Market commences today.

The Company has raised approximately #4.9 million in a placing of 6,200,000 new
ordinary shares at 79p per share. The new ordinary shares have been placed with
certain institutional investors and private clients of Rowan Dartington.

On Admission, the Company has 16,335,896 shares in issue which, at the placing
price of 79p, gives the Company a market capitalisation of approximately #12.9
million.

[nigelsom] 10/6/2003 08:36

What the hec is this supposd to be? A profit warning? Or is it arm twisting by the directors? Either way it smacks of desparation - seems that not enough acceptances are forthcoming on the bid. I wonder what the dissenting directors will make of it.





RNS Number:1189M
Chesterton International PLC
10 June 2003


10 June 2003


Chesterton International PLC ("Chesterton" or "the Company")


On 6 June 2003, Phoenix Acquisitions Limited ("PAL") announced that, as at 3pm
on 5 June 2003, acceptances of its offer for the Company ("the Offer") had been
received in respect of approximately 61.79% of the Company's issued share
capital.

The offer from PAL remains the only offer available to shareholders. Chesterton
is not aware of any actual or potential competing proposal for the Company. Mr
List and Mr Backs have confirmed that they are not interested in any competing
proposal for the Company. Since the Offer was first announced on 17 April 2003,
over seven weeks ago, no competing offer has emerged and the majority of the
Board considers it highly unlikely that one will do so. As a result, the
majority of the Board continues to urge shareholders to accept the Offer.

In the offer document issued on 1 May 2003 in connection with the Offer,
Chesterton referred to lower activity in the commercial and residential markets
since the start of the year compared to the equivalent time last year and
further weakening in its core markets, particularly in London residential sales,
since the announcement of its interim results on 27 March 2003. Since 1 May
2003, the seasonal increase in activity which Chesterton has experienced in the
residential market in prior years has not materialised. Conditions also remain
uncertain in the commercial markets. This will adversely impact the Company's
financial performance for the year ending 30 June 2003.

The current uncertainty is damaging the Company. The majority of the Board
strongly urges shareholders to accept the Offer now.

[snape] 17/4/2003 17:15

directors buying shares above the proposed takeover bid price.
very interesting.

[sablechevron] 11/4/2003 09:19

further story in today's property week magazine.11% shareholder jafari-fini wants to buy the lot.jonathan rowland, jellyworks man wants to buy residential division & babcok & brown the pfi business.

[sportbilly1] 08/4/2003 09:20

The company has received an approach.

given the current price - I would be looking for 15p, althought he 40% rise yesterday will have dented that a bit.

EDIT: Press article in todays Times states that it is expected to go private for 12p a share. Cash offer, it states, to be announced this week.

[raja.riaz] 27/2/2003 11:53

why is this rising?