Coe Group Share Discussion Threads

[ntd303] 03/5/2011 23:35

You can say that again.

Don't worry about removing the post on the VML thread... shows your true colours.

TTFN

[thinking] 04/9/2010 15:47

Got my cheque this morning so thats me gone, large loss of course...!

[tradermichael] 23/8/2010 13:49

I lost 2 packets - mine return me £2.04 less dealing charges. Best value in this for me is the loss of £10K to offset in CGT

[n13518] 16/8/2010 10:45

I am left with £3.80 from £3,560 from Scoot days. I had written mine off many moons agos. It depends on what you paid for these.

[nmurrells] 16/8/2010 10:31

ok i hold some of these shares so should i take the offer or hold on to them?

[k38] 09/8/2010 18:49

Still no Rise Like A Phoenix From The Ashes yet ???

!

[feedthegoat] 05/8/2010 14:03

aaaah those were the days,lost a packet on that
but will get £1.08 in total back now

[rbonnier] 01/8/2010 19:43

And here the story and Legacy Of Scoot . Con finally ends .

[thinking] 30/7/2010 15:28

ummm interesting posts....

[rheiner] 09/11/2009 11:30

Excellent results considering. A re-rating due.

[cynical sid] 09/11/2009 09:02

Results really good. Turnaround in place. Watch this one fly...

[crystball] 09/11/2009 08:06

I thought the results were quite good. What do others think?

[oldgeezer] 12/9/2009 10:21

CS. You could well be right, maybe worth a punt here as possibility of further news could come in. The price seems to move quick on low volumes and not may shares in issue.
One to keep an eye on.
good luck.

[cynical sid] 11/9/2009 11:33

I think you might start to see these shares move sometime soon...

M.Cap is ridiculous for a company that has turned the corner...just watch

[oldgeezer] 09/9/2009 13:53

There seems to be quite a few small volume sells today, someone got fed up and dumped them. Must of cost more in trade fees than what they were worth.!!!

[oldgeezer] 07/9/2009 14:11

Any thoughts on this share as it does look to be improving and with the recent contract win some profit will hopefully be made. the only thing is does it have enough cash to progress fast enough. Seems to be one company that time forgot, not many shares traded, maybe the legend of scoot is the reason.!!!!

[investalvirgin] 27/7/2009 13:13

Wow! My initial £600 in Scoot is now worth: um... £25.
Shudda gone to specsavers...

iv.

[cynical sid] 27/7/2009 08:18

This is great news. £1m+ contract for a company valued sub £3m

Looks like this company has turned the corner. Could be a great punt sub 10p

[rheiner] 27/7/2009 07:57

This morning it's top of the riser board and no comments. Anyway a new contract is good news even if few are interested.

[plunge] 22/4/2009 20:11

It looks like the sales director has got the bullet. Ho hum....

[dbno] 23/1/2009 13:24

Looks like the Phoenix got its wings burnt.

[k38] 21/9/2008 15:00

PAY BACK TIME ;)

Mr Bonnier has a colourful history. As chief executive of Scoot.com, he saw his personal wealth rise as the website's shares soared. But when the bubble burst, Scoot.com's value collapsed, falling from a high of £2.5 billion to less than £50 million.



May the legend of Scoot.con continue and prosper...LOL

[nam0] 10/7/2008 18:43

RNS Number : 4659Y
Coe Group PLC
07 July 2008



COE Group plc
("COE" or the "Company")

Trading update, refinancing and restoration of trading on AIM

COE, the developer of advanced video surveillance systems, is pleased to provide a trading
update for the period ended 30 June 2008 and
also announce that the Company has secured additional facilities as a result of which trading
in the Company's shares will be restored at
13:30 on 7 July 2008.

Trading update & restructuring
Turnover for the year to 30 June 2008 rose very slightly compared to the previous year to
just over £4.0m. As a result of focussing on
higher margin business, gross margins for the full year were around the level delivered in the
first half (52.5%, compared to 43% for the
year to 30 June 2007 and 35% for the year to 30 June 2006). Overheads also rose during the
year as a result of the investment made in the
business. Supported by the PSA contract win announced on 29 May 2008, gross profit on new
orders rose significantly during the second half
of the year.

The Board has now decided to give priority to reducing the Company's losses and announces
a restructuring in order to bring its cost
base more into line with order intake. This approach requires a smaller management team and
Andrew Wallace, CEO, has agreed to leave the
Company on 31 July 2008. Ian Jefferson, currently Finance Director, has been appointed CEO
with immediate effect. The Board thanks Andrew
for his efforts over the last 4 years in establishing COE as a recognised supplier of
integrated IP surveillance systems and wishes him
well.

The Company also announces that Mark Norton, currently Global Sales Director of Coe joins
the board as an Executive Director effective
from 7 July 2008. Mark's distinguished sales record includes being one of Compaq's first
salesmen in the UK. Ultimately Mark became Group
Sales Director of Compaq UK managing a sales organisation generating £3bn of turnover, split
equally between hardware and services. From
2003 - 2007 he was also a non executive director of Amaze Limited. Other than as set out in
this announcement, there are no details that are
required to be disclosed under Schedule Two(G) of the AIM rules.

Loan
On 7 July 2008, COE entered into a loan agreement ("Loan") with IP2IPO Limited ("IP2IPO")
a wholly owned subsidiary of IP Group plc ("IP
Group") under which the Company has agreed a £350,000 secured debt facility. This facility
will be used to provide COE with working
capital.

The key terms of the Loan are as follows:
Amount: £350,000
Term: Initial 6 month term and thereafter repayable on demand
Drawdown: One instalment on 7 July 2008
Interest rate: The Loan will accrue interest at a rate of 7% per annum for
the first 6 months from the date of draw-down. Thereafter
interest rate shall increase by 200 basis points for every
six months that the debt remains outstanding.
Security: Fixed and floating charges over the assets of the Company
from time to time.

In view of the terms and the amount of the Loan from IP2IPO, it is not regarded as a long
term source of finance and the Directors
expect to need additional finance in the medium term in order to more fully capitalise the
Company .

IP2IPO currently holds 31.95% of the issued share capital of the Company and is a related
party for the purposes of the AIM Rules. The
issue of the Loan to IP Group therefore constitutes a related party transaction for the
purpose of the AIM Rules.

The Company's directors, other than Dr Alison Fielding, who is also a director of IP
Group, consider, having consulted with KBC Peel
Hunt Ltd, the Company's nominated adviser, that the terms of the transaction being entered
into by COE and IP Group are fair and reasonable
insofar as its shareholders are concerned.


Enquiries
COE Group plc
0113 230 8826
Ian Jefferson, CEO

KBC Peel Hunt Ltd
0207 418 8900
Oliver Scott
Nicholas Marren



This information is provided by RNS
The company news service from the London Stock Exchange

END