Craven House Capital Share Discussion Threads

[karina] 05/2/2016 16:35

Craven House Capital (AIM:CRV) announces that Ms Alexandra Eavis is resigning from the Board with immediate effect and will be replaced by Mr Calum Morrison, aged 47. Ms Eavis will continue in her role as Company Secretary.

Mark Pajak, Acting Chairman, commented, "We are delighted to welcome Mr Morrison to the Board. He brings a wealth of experience having managed businesses across a diverse range of emerging and frontier market jurisdictions. His reputation and network of relationships in these markets will be a significant benefit to the Company. I would like to personally thank Ms Eavis for her service, having helped steer the Company through a transformational period in recent years. Alexandra will now move on to concentrate solely on her role developing a private Assistive Technology company, Alcove Limited and we wish her success."

Additional information regarding Calum Peter Morrison

Calum is currently a director of Extraordinary Adventure Club Ltd.

[knitcraft] 05/2/2016 16:30

Now the waiting game to see what transpires.Good as really what to be expected as alluded to in 1412.

[karina] 05/2/2016 16:22

Result of General Meeting

Craven House Capital (AIM:CRV) is pleased to announce that all resolutions proposed at its General Meeting, which was held earlier today, were duly passed.

The resolutions approved an increase in the Company's authorised share capital and will allow the Company's Investment Manager to proceed with its plans to undertake a private placement in the Company's shares.

The Investment Manager is currently in advanced discussions with a number of prospective investors with regard to making a significant capital investment in the Company via a subscription for new ordinary shares. The terms of any capital investment are yet to be finalised and will be subject to the clearance of all applicable regulatory approvals both in the UK and overseas jurisdictions.

There can be no guarantee that any capital investment in the Company will be made and further updates will be provided to the market in due course.

[karina] 05/2/2016 09:23

Yep and probably over! All I expect today is a "all resolutions" RNS Would dearly love to be wrong though.

[knitcraft] 05/2/2016 08:59

Thanks, just about to start then.

[karina] 04/2/2016 22:58

Yes 9am tomorrow

[knitcraft] 04/2/2016 22:38

Is the meeting tomorrow? If so at what time?
I seem to have mislaid my details.
Cheers

[karina] 04/2/2016 16:50

TullyCrow
Posts: 1,001
Off Topic
Opinion: Strong Buy
Price: 0.875
CRVToday 16:47

We saw it all today..

Big buyer returned with £9k, £5k, and a couple of smaller ones at 0.9p, but one MM did their level best to keep CRV down, why exactly? We had the farcical situation at one point where you could buy at 0.875 and sell at 0.89..It is noted though that the MM holding it down would only offer small at 0.875 then it went to negotiated trade.

Simple arithmetic over the past few sessions would show you that the MMs are very short of CRV shares and their position gets worse with every buy.

Tomorrow will see the approval of the share issue, whether something else accompanies it is doubtful in my opinion, but you never know.

[karina] 04/2/2016 16:21

Charts for what they are worth showing 1.2p by end of March.

[daicaprice] 04/2/2016 16:06

They've got wind of 1.25p news on the way is the only explanation I can think of and its imminent.

DC

[karina] 04/2/2016 16:03

1m buy put through from 3pm

[karina] 04/2/2016 15:59

Crossed my mind DC, but if Evans not selling yet, I'm not, he knows a great deal more about CRV than me

[daicaprice] 04/2/2016 15:52

If I was sitting on as many as you at your average I'd be tempted I have to say to bung 'em 500k mate.

DC

[karina] 04/2/2016 15:40

Not a clue DC, you can sell 5 times more than you can buy currently....

Makes no sense to me either

[daicaprice] 04/2/2016 15:35

If that 150k is a sell, why haven't they moved it up to try and tempt a few more sellers? They have to be short of stock and surely want to stem buying.
Makes no sense to me but wtfdik.

DC

[karina] 04/2/2016 15:28

currently 875 to buy, 89 to sell.......

He is buying £5000 at a time and doesn't seem to care if he gets the best available price DC....

[daicaprice] 04/2/2016 15:05

Another 605k taken at full ask in 2 trades, our buyer is certainly building a nice stake.

DC

[daicaprice] 04/2/2016 12:38

Price hasn't scared our big buyer off and they aren't finding any volume sellers, pressure must be mounting.

DC

[karina] 04/2/2016 08:36

Morning

A current MC of £7m means Evan is now holding £1,848,000 of CRV shares, plus £300,000 than he loaned to CRV that can be converted into shares I believe. We can be pretty certain he has not sold a share as yet, I think we should take a huge amount of comfort that there is much, much more to come here. Starting to see why he changed his tax residency status when investing in CRV.....

As TC has commented, for a company with a MC that's still miniscule in City terms, I am very much looking forward to seeing what Mark has lined up to secure up to £50m at what is still more than a 40% premium to the current share price.....

[knitcraft] 03/2/2016 16:47

Clear break out now. All looking very positive.I'm not making any predictions on share price and dates, but....., all looking very promising for general meeting.

[karina] 03/2/2016 16:26

Spot on knitcraft, one benefit of Mark Pajaks "low profile" stance is we have, in the main, avoided those looking to nick a hundred quid here and there by trading the share.

Those of us that have stuck with CRV, years in many cases, are now focusing on GEMs target price, 2p, 3p, 5p who knows...... ?

[knitcraft] 03/2/2016 16:24

A 5 year high.

[daicaprice] 03/2/2016 16:03

Looking excellent.

DC

[knitcraft] 03/2/2016 15:31

One thing of note is that although a lot of stock was purchased well below .5p, there has been virtually no profit taking which suggests that most of the shares are in firm hands.
My average is below .04 and I certainly have no intentions of even thinking of selling until the share price is well ahead of 1.25p.