Comptoir owns and/or operates Lebanese and Eastern Mediterranean restaurants. The core restaurant brand of the Company is Comptoir Libanais. The Company operates 11 Comptoir Libanais restaurants and also generates franchise revenue by franchising the Comptoir Libanais brand to other restaurant operators. The Company also operates two smaller Lebanese and Eastern Mediterranean outlets under the Shawa brand and a further two standalone high end restaurants, called Levant and Kenza.
Summary of the placing
· The placing raised £16.0 million (gross), of which £8.0 million was raised by the Company to expand the number of restaurants operated by the Company and £8.0 million was raised for selling shareholders.
· The number of ordinary shares in issue immediately after admission will be 96,000,000, giving the Company a market capitalisation of £48.0 million at the placing price of 50 pence per ordinary share. |
Good luck, the old [COM] did 14p to £9.50p.! |
Connemara Mining's (LON:CON) joint venture at Mine River in Ireland adds a new dimension to a story seen previously as a zinc/lead play, according to Optiva Securities.
Connemara shares jumped 17 per cent after it secured Canadian group Hendrick Resources as a partner to explore the Mine River project. |
Connemara Mining's (LON:CON) joint venture at Mine River in Ireland adds a new dimension to a story seen previously as a zinc/lead play, according to Optiva Securities.
Connemara shares jumped 17 per cent after it secured Canadian group Hendrick Resources as a partner to explore the Mine River project. |
Cash received. Over & out. |
Well, I'm a bit chagrined to say the lest. I looked at this recently, for first time in many months and nearly bought a few last week, as it semed clear there would be a re-rating at some point, but held off, as it could have been years away. Doh!
Anyways, well done Siskin and other holders. |
Yes, powwow, there's life here. £9.50 looks OK to me - I bought at £5.50 and the possibility of a buy-out is one of the reasons I bought. What do you think? |
is this board alive |
I guess we can expect a fall tomorrow after the post-close RNS......... |
Point taken about the spread rules, Wiganer, but I see that it has just got worse today - now 600 v 900!! How can this be justified? More importantly, in terms of possible takeovers etc, does it matter? |
Sorry posted on wrong site ,thought I was on Bellway thread. |
What does anyone know about rumoured talks of the takeover of Telford Homes.I have seen nothing in press just what I have heard on building sites.Anyone?
Would be good.This is fits in with our best peforming part of our business geographically.
Pasted their last trading update below.Anyone enlighten me?
Trading Update
Telford Homes Plc issues the following trading update for the year ending 31 March 2007. Interim results will be announced on 21 November 2006.
The directors are pleased to announce that the strong start to the year reported at the time of our Annual General Meeting on 6 July 2006 has continued with sales progressing well. In particular, all 179 private homes at our development in High Street Stratford, OneStratford, are now sold with 175 contracts exchanged and the remaining four proceeding to contract.
In addition, we have secured an enhanced planning consent at our major development in South Woodford, Queen Mary's Gate, increasing the number of homes in the development from 441 to 498. Although we have not yet begun marketing of the private apartments (the launch is at the end of September), we have already registered enquiries from more than 800 prospective purchasers, indicating very strong interest in this development. We have already sold 14 of the 16 private townhouses that form the first phase of the development.
New land opportunities are continuously being appraised as we seek to extend our development pipeline; we have recently exchanged contracts to acquire another site close to the future Olympic Park which we hope to develop in the medium term.
As a result of successful trading to date, the directors expect the interim results to be very strong with profits weighted towards the first half of the year. In addition, we are confident that our results for the year ending 31 March 2007 will exceed current market expectations. |
I wasn't aware there were stock market rules re spreads; I've seen far worse spreads than COM's. |
normally companies only obliged to confirm a bid not speculation of bid.I expect Comland will devolve itself back into a private company again,as they did with Banner Homes (where comland span off from.) They devalue land values on books as cost values when they are a quoted company ,then ,when they go back a to private company and they relize real hidden land values. I surprised the current spread falls in line with stock market rules.Perhap the Market Makers have had the nod. |
Does anyone know if there is a time limit within which the company has to issue a progress report (or a lack-of-progress report) following the "possible offer" announcement made on 18th August? tia |
FTSE 350 Real estate index, hits new high today. [4807]. |