Coe Group Share Discussion Threads

[k123] 09/2/2006 20:31

The point is WHEN?

[k38] 09/2/2006 20:01

20sh here wanter if they worth anything, ggggrrrrrrrrrr
They steel again from us as usual, were is my money for 20sh pl???
...............................................................................................................
After the reorganisation, any shareholder holding fewer than 500 existing
ordinary shares will no longer be a shareholder in the company. Instead, they
would receive a cashsum..............................................................so 20sh *25p= i want my money know!
lol
this will no go into orbit!




Scoot re-launch
1st December 2005

Enable Media Limited, publisher of on-line directories www.scoot.co.uk and www.askalix.com, is pleased to announce the re-launch of the Scoot Business Directory.

Interactive directory specialists, Enable Media Ltd., (EML), operate the Scoot Service, associated Scoot products and all existing contracts, under license from British Telecom.

[darklord2] 09/2/2006 15:47

Wow think i have 8 shares in COE group now, they need to increase by 700% so i can sell and cover my charges, i think i will give them to my grand childeren (ps I dont yet have any children)

I have seen adverts for Scoot as well. if i beleive rightly BT bought the rights to the name (and business)...

[dbno] 09/2/2006 09:56

and your point is??

[k123] 09/2/2006 09:17

LONDON (AFX) - Coe Group PLC said it is moving towards profitability but its
operations depend both on continued bank support and on the sourcing of further
equity or similar funding in the short to medium term.

Thats what was said not long ago,.......

[dbno] 30/1/2006 10:33

yes, yes, and yes.

[k38] 25/1/2006 12:02

l
o-)
l

[trough] 19/1/2006 18:46

Try: Computershare Investor Services PLC, PO Box 82, The Pavilions, Bridgwater Rd, Bristol BS99 7NH (Registrar)

[calamity] 19/1/2006 10:41

naed.........the original scoot.com company became Timeload.......which then became Coe Group........the shares were consolidated sometime back at 1 for 50..which would have made your 220,000 shares in scoot.com as.....4,400 shares in Coe Group...now with this consolidation of 1 for 5....would equate to 880 shares now in Coe Group.......if you are certificated you need to write to the Company registrars.........should be on your cert.....but over the years some registrars addresses have changed........cannot help there as I had my shares in a nominee account.....and they were transferred from a pep when timeload or Coe Group transferred to Aim....so I cannot even claim the loss........hope that helps in someway.....

[kingsize] 19/1/2006 04:35

Once upon a time I sold some, but not all (silly me) of my Scoot shares for £3.43. As I recall, that was at or near the high (lucky me!) and, on that basis, the new COE shares cost £857.50 of Scoot money after a 50:1 and now 5:1 consolidation. Current mid price is 24.5p so they have destroyed a spectacular 99.97% of the value since then.

[naed] 18/1/2006 18:30

Can anbody advise if my share certificate is worth anything? i have a certificate for 220,000 scoot.com shares which i purchased in November 2001. worked abroad since then and have lost contact on news.

[calamity] 18/1/2006 12:23

Cancelled post.............see later post........

[calamity] 18/1/2006 12:16

Cancelled post........confused........see later post.........

[gurp] 18/1/2006 08:37

pity it's the reorganisation - mam showing coe up 402% in a sea of red

[k38] 18/1/2006 01:57

..........................................................................
Coe also announced today that it is reorganising its capital. It explained
that of its 19,000 shareholders, the majority have been shareholders since the
group was called Scoot.com PLC. Around 17,000 of these shareholders have shares
which are effectively worthless after taking into account the minimum cost of
selling their shares.
The reorganisation involves a one for 500 share consolidation, creating new
shares of 25 stg each. Each consolidation share will then immediately be
sub-divided into 2,500 new ordinary shares, of which 2,400 will immediately be
redesignated as deferred shares.
After the reorganisation, any shareholder holding fewer than 500 existing
ordinary shares will no longer be a shareholder in the company. Instead, they
would receive a cash sum.
..............................................................................


Result of AGM/EGM

RNS Number:0272X
Coe Group PLC
17 January 2006



COE Group plc (the "Company") announces that at the annual general meeting and
the extraordinary general meeting, which were both held today, all resolutions
were duly passed.


As a result, the capital reorganisation which was announced on 23 December 2005,has taken effect.
The new ordinary shares of 1p each in the Company will
therefore be admitted to trading on AIM on 18 January 2006.

[dbno] 11/1/2006 11:29

mikester

In simple terms, you will only lose the lot if your share holding is less than £3.00 in value at the time of the consolidation. If you tried to sell that holding in the market it would almost certainly cost you more than the £3.00 in dealing costs anyway. The company is giving you the opportunity to sell your holding without dealing costs if that is what you desire, albeit your net proceeds will not amount to much.

An alternative option is to purchase sufficient additional shares to meet the minimum requirement of 500 shares to remain in the game. Even if you only currently own one share you only need to spend £24.95 (plus dealing costs) at todays price to achieve the necessary minimum. My own view is that a further investment of about £250.00 would give most small shareholders a reasonable chance of improving their overall situation.

While I would not advocate averaging down on every occasion I consider this to be an opportunity worthy of a little additional risk, providing, of course, that a total loss would not represent too much of a disaster.

All IMHO, dbno

[mikester] 10/1/2006 19:34

too keep a holding in the company how many shares will one have to hold? from what i can remember that all share holders holding less than i think 500 shares that it you loose the lot? can someone help on this thanks

[kombimatec] 09/1/2006 14:15

A lot of these CCTV survailance companies have faired none too well recently. Orbis are struggling with a big debt burden and Protec have just been taken over after a few years lossmaking. Quadnetics, who took over Protec, have done well and perhaps when they have had chance to intergrate them they may look for others.

[darklord2] 09/1/2006 13:49

Up to you dbno, after watching the Scoot shell reverse into COE and the firm go nowhere and continually struggle, I would rarther invest elsewhere, top up in CEY, PMK or MGP, but we shall see, I may look at the price in 1 year and see it at 40p...BUT i may look and find it no longer there...