Challenger Energy Share Discussion Threads

[dvsfm] 04/4/2008 15:05

ITS ABOUT TIME THIS RECOVERED SOME LOST GROUND FOR NO REASON

[currypasty] 17/3/2008 07:54

RNS Number:1818Q
Corsie Group plc
17 March 2008







CORSIE GROUP PLC


NOTICE OF PRELIMINARY RESULTS


Corsie Group plc ("the Company"), the AIM listed specialist in the assembly and sale of products and services to the
leisure market, will be releasing its Preliminary Results for the year ended 31 December 2007 on Tuesday 29 April
2008.

The Company will be hosting a site visit and presentation to the financial and trade media on the day. Should you wish

to attend, please contact our PR agency Bishopsgate Communications Ltd on the below details.

[currypasty] 01/2/2008 07:51

RNS Number:0182N
Corsie Group plc
01 February 2008


Corsie Group plc

("Corsie" or "the Group")

Change of Adviser

The Board of Corsie, the AIM listed specialist in the assembly and sale of
products and services to the leisure market, is pleased to announce the
appointment of Daniel Stewart & Company plc as the Company's nominated adviser
and broker with immediate effect.


For further information:

Richard Corsie, MBE, Chief Executive
Corsie Group plc Tel: [phone]
www.corsiegroup.com

[corrientes] 20/12/2007 07:58

What odds a management buyout and the usual shafting of PI's ?

[currypasty] 20/12/2007 07:57

CORSIE GROUP PLC HOLDING(S) IN COMPANY The Board of Corsie Group plc (the "Company") was informed that, following the
placing by the Company announced on 13 December which took effect from 19
December, the following had notifiable holdings in the ordinary shares of the
Company:James Aitken, recently appointed as a director of the Company, has an interest
in 1,500,000 ordinary shares of the Company representing approximately 12.65
per cent. of the issued share capital.
Kevan McDonald has an interest in 500,000 ordinary shares of the Company
representing approximately 4.22 per cent. of the issued share capital.

[glencr] 13/12/2007 17:29

Notice the placing is at 30p. this just shows how much this company is currently undervalued. With a good set of results i think we will see this back near the consolidation start share price

[dvsfm] 13/12/2007 16:26

As a holder I hope this is the bottom, good to see management putting there money in, gives great confidence, I will add if the price does drift and can get my ave down to 30p

[glencr] 13/12/2007 14:09

dvsfm,

You have not really missed anything....the current levels represent very good value and if the shares dont get traded in the next couple of weeks you can probably pick them up at sub anouncement price

[dvsfm] 13/12/2007 13:01

typical, missed a great opp, still all good news today, this doesn't get a lot of attention because its so small which is a shame because it appears to be head and shoulders above a lot of aim stocks.

[glencr] 13/12/2007 08:18

Some great news. Lucky i topped up yesterday, the company is still massively undervalued.

[currypasty] 13/12/2007 07:58

Corsie Business update / Issue of Equity




CORSIE GROUP PLC ("Corsie" or the "Group") BUSINESS UPDATE / ISSUE OF EQUITY The Board of Corsie, the AIM listed specialist in the assembly and sale of
products and services to the leisure market, today provides the market with the
following update.
HIGHLIGHTS * Placing to raise £671,000;

* New seven year Banking facility agreed with HBoS;

* Two new distribution agreements secured;

* Former Scottish Rugby Captain Jim Aitken appointed to Board; and

* Sale of property option for £350,000.
PlacingThe Board is pleased to announce that it has raised £671,000 through a Placing
of 2,236,666 new Ordinary Shares at a Placing price of 30p ("the Placing"), to
provide the Company with additional working capital to fund growth
opportunities. As part of the Placing, Jim Aitken, David Mathewson and Graham
Robertson, all directors of the Company, have invested £450,000, £65,000 and £
6,000 respectively.
Application has been made for the admission of the 2,236,666 new Ordinary
Shares to trading on AIM. Admission of the new ordinary shares is expected to
take place on 19 December 2007.
Distribution agreements securedThe Group has secured two new exclusive distribution agreements with Sovereign
Laboratories of Sedona, Arizona ("Sovereign"). Under the terms of the
agreements the Group has signed 3 year exclusive agreement to distribute the
TRULAX range of products and the Viralox* antiviral product.
These new contracts are in line with the Board's stated strategy to increase
revenue through selective distribution agreements.
New Banking facilities securedThe Group's bank, The Bank of Scotland plc has agreed to provide £2.15 million
of committed debt facilities to the Group repayable over 7 years and an
overdraft facility of £0.20 million. The Board is pleased to have secured these
facilities on a long term and committed basis.
Sale of property optionThe Board is pleased to report that it is has agreed (subject to prior
shareholder approval to be sought at a general meeting to be convened) to sell
its purchase option over its property at Unit 5, Gateside Commercial Park,
Haddington to Mr James Aitken (or an entity controlled by him) for a price of £
350,000.
As stated at the time of the preliminary results statement, the Board would
consider leveraging the equity within the property to fund future targets and
new distribution agreements. The Board has considered various options to
release the available equity within the property and has concluded the sale of
the purchase option is in the Company's best interests.
The Group will thereby generate £350,000 (before costs) from this sale. Such
proceeds will be received prior to 31 January 2008 and will be used to
strengthen the balance sheet and fund the working capital needs of the
business.
Board StrengthenedAs previously announced, Corsie appointed Mr James ("Jim") Aitken as a
non-executive director with immediate effect. Jim, a former Scotland Rugby
Captain and well known for leading his country to a grand slam victory in 1984
and a 25:25 draw against the All Blacks, is an experienced and successful
businessman, bringing to the Board a strong proven track record in business.
Related Party TransactionsThe sale of the property option and the Placing both constitute related party
transactions as defined in AIM Rule 13. The Directors of the Company (save for
Jim Aitken, David Mathewson and Graham Robertson who are connected with the
transactions) consider, having consulted with the Company's Nominated Adviser,
City Financial Associates Limited, that the terms of the sale of the property
option and the Placing are fair and reasonable in so far as the Company's
shareholders are concerned. City Financial Associates Limited has relied on the
directors' commercial assessment of the transactions.

[dvsfm] 12/12/2007 17:26

glencr
coiuldn't agree more im in at an ave of 40p in new money, most upset at the drift, if I can raise some mone i'll try to average down. I was well up when it spike to fifty, nothing has changed, if buy to pick up it will shoot back up, but maybe we need an update for that to happen. Well bought

[glencr] 12/12/2007 15:19

Just topped up here....12k but showing as sell 23.2p

Cant believe this price - now a market cap of 2.2m and the company will probably make £500k in proffits this year - todays price makes it the equivalent of 1.15p prior to the 20-1 consolidation. An absolute steal even though it is not in a fashionable market it is making money and will continue to do so....Finally Richard Corsie - CEO has 54% holding in the company with a free float of only around 4million shares - if there is a decent demand for these the share price will rocket.

[dvsfm] 04/12/2007 11:12

I agree it's really annoying just market sentiment though I will top up if it drops a bit more because trading is supposed to be going well.

[currypasty] 04/12/2007 08:21

and another 'new all time low'

25.0 - 26.0

I cant believe this has halved in value since September

[don muang] 30/11/2007 19:47

weren't the interims due by close of business today..... last chance will be before opening on Monday morning.....

[currypasty] 23/11/2007 11:51

a new all time low, what a disaster area

[humbugg] 23/11/2007 08:15

corrientes,
perhaps he didnt like telling his mates his companies share price was 1.5p, perhaps he think they'll take him seriously when its 30p. he wont tell them he's lost half the companies market cap. well, it wont be 30p for long...5p around the corner.
imho

[corrientes] 22/11/2007 17:34

Humbugg I agree. They must be masochists adding more manure to this dungheap. Their timing is immaculate, not. What a shower. This corsie chap should have stuck to bowls, 'cos he don't seem have any financial acumen. I bet he's a pig headed autocrat and was told what would happen, but chose not to ignore it.

[humbugg] 22/11/2007 16:52

oh well thats nearly -20% since the consolidation. what a bunch of muppets, anyone could have told them what happens when you consolidate. ego got in the way.

[dvsfm] 21/11/2007 17:52

I hope they put out a trading update soon because I hear that they are doing okay

[humbugg] 21/11/2007 16:35

these will end up at 3p again.

[currypasty] 21/11/2007 16:30

someone just got 25p for their 100k sell

price now dropping while mm's clear them

28 - 33 p

[corrientes] 20/11/2007 08:11

Do we really have to wait for the London Olympics to see this take off ? They should have stayed private until a year before.

[dvsfm] 20/11/2007 08:07

Looks like your correct, this has happen so many times before at least four for myself. Never mind the business looks good