Corvus Capital Share Discussion Threads

[the drewster] 12/10/2008 18:22

2p doesn't even represent the cash recently received form CMM sale, and I suggest the chance of any further payout is approximately zero.

[water30] 12/10/2008 11:54

I hold CVS shares. My average is just under 2p. After the record date I am assuming that the shares will fall by the special dividend amount of 2p - Is this correct?

Therefore, is it worth selling now or waiting until the record date to see what value is left in the share price?

Would be very grateful for any opinions on this?

[bubface] 10/10/2008 18:25

but drewster i thought you were such a fan surely our beloved board would not do something strickly in the interests of all shareholders.you are forgetting that lumpy canisp conv you reckon is so valuable too.

[the drewster] 08/10/2008 11:15

So we get 2p per share, but what about SRSP, the only real value left when taken private, though other "receivables" are presumably in the accounts though not recognised as having material value? Worth another 2.4p, then there's the remaining cash, the "asset" which is the 6p per share potentially to come from CMM recovery (assuming it does eventually recover).
Being private these assets could be easily manipulated out of existing holders hands?

[a2584728] 08/10/2008 09:37

I shall be writing to all and sundry about this debacle Regan should be locked up for this.

[westcoastrich] 07/10/2008 22:47

laerge shareholder

Lehman Brothers International 5.81%

[humbugg] 07/10/2008 13:46

A2584728,
Regulators??? are you sure??? toothless bunch of muppets imho.

[a2584728] 07/10/2008 11:41

The real crroks are the people that let Reagn carry on after his last effort at running a business namely Larnica, we should have know what to expect really.

I hope the regulators are watching his games.

[the drewster] 06/10/2008 21:58

So you get 2p per share special div, plus they hope to liquidate other investments. Hmmm, bet they do better privately!

[pbracken] 06/10/2008 07:39

2p - that's your lot.

[bubface] 04/10/2008 20:14

can only hope he does what i am told he will do...take it private,since that is how it's run anyway.probably something derisory this way comes.

[bubface] 04/10/2008 19:49

looking at previous report and accounts to see how much his jolly cost us last time [couldn't find it] i notice we donated £100,000 to the conservative party last year...he doesn't mind spending shareholder money does he,i know he owns 25% but if he wants a knighthood for services to small companies...ha,perhaps he should use his pa money,wonder if we'll be contributing again this year???? he keeps talking about running big businesses but so far we have the expenses,he has the lifestyle and nobody has a f'ing business....perhaps someone should tell him that cvs has never been so far away from the ftse100.

[the drewster] 29/9/2008 13:02

Still valued at a huge discount to the cash received from the CMM sale. Other assets, whatever you want to make of them (including SRSP) in for free.

[a2584728] 29/9/2008 11:22

In all honesty the Regan man has just about blown any opportunity he had with this stock as he waited and waited did nothing and now the funds are not there to do any deal with.

He should be ashamed of himself.

Even the city brokers are passing comment on his complete disregard for the share holders and general lack of action in all aspects of the company, a little unlike his champagne personal life huh.

[waldof] 26/9/2008 08:13

I hear you 'bub', but if CVs goes belly up, and i do not believe it will, Reagan is down to the tune of c.£7mill.And he values his reputation, whatever one considers that is!

[bubface] 25/9/2008 21:19

long shot meantime convertibles worthless as its a loss making co with no assets.he should pay us the cmm cash back before it all goes on krug he's a busted flush bull market operator that has been totally found out.

[the drewster] 25/9/2008 20:41

Cash shell, will have some takers, whether it generates a fantastic return or gets him out round about even, who knows.

[bubface] 25/9/2008 20:38

how in gods name will it be worth more unless he magics up another reverse of of some poor unsuspecting company converts to equity and manages to get some share pushers to talk the stock up and stuff some more grannies?

[the drewster] 25/9/2008 20:29

I think it will be worth more, but currently has to be accounted for as less.

[bubface] 25/9/2008 17:54

drewster back to this convertible loan then,you really reckon it is worth £1.6m to cvs?

[the drewster] 25/9/2008 08:19

Seems he did well to get 9p and something in for if they can turn the company around. Having 35m outstanding options at 0.1p is worrying.