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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Eco City | LSE:ECV | London | Ordinary Share | GB00BW1YYP78 | ORD 1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.875 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 2.875 | GBX |
Eco City (ECV) Share Charts1 Year Eco City Chart |
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1 Month Eco City Chart |
Intraday Eco City Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 03/7/2016 | 21:53 | Eco City Vehicles - Taxi Please! | 284 |
| 17/11/2010 | 11:41 | Eco City Vehicles | 93 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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| Top Posts |
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Posted at 23/12/2015 12:15 by yidscmartist So there we have it confirmed. 440 million shares @ 1.2p to hit the market tomorrow morning. Once people wake up they will be selling like hot cakes.They just announced dilution at a rate of 20 to 1 Eco City Vehicles PLC ("ECV" or the "Company") Result of General Meeting The board of directors of ECO City Vehicles plc ("the Board") announces that at today's General Meeting of the Company, Ordinary Shareholders approved all resolutions. |
Posted at 04/12/2015 10:46 by yidscmartist BCKTTSIMThey obviously have a plan, I'm not disputing that I said in my last post they will make an acquisition but you need to understand the mechanics behind the deal. The acquisition needs to be made before Jan 20th or suspended till June 2016 at the latest. They done a placing 30% below last Fridays closing price @ 1.2p. The rampers were shouting there was a premium placing of 400% which was a blatant lie and fraudulant. The share price rose 140% and at that point was valuing £5 mill cash at £22 mill cash: £5 mill cash after fees and expenditure will not be £5 mill there needs to be working capital etc so the acquisition when ever it comes will be for a lot less than the funds raised unless the raise even more funds @ 1.2p which they did state in the RNS. The market cap for this company right now is listing price. The market cap for this company when the shares are created in approx £5 to £6 mill which is = to a share price of 1.2p to 1.3p approx The bottom line is this. 410 million new shares have been created @ 1.2p and they shares have not hit the market yet. As of now, the comapny has no cash untill they shares are created. It's at this point that the share price will look a lot different. By all means buy them at this price, but you will be kicking yourself in 4 weeks time when they are sub penny or there abouts because the closer this gets to the 20th of Jan the more this will capitulate because no deal concluded means cash locked in till one is done and it could be that way for up to 6 months. |
Posted at 03/12/2015 16:13 by yidscmartist ECV valued @ £13 mill Mcap for approx £4.8 mill cash and no business.Does anyone know what will happen when 440 mill shares hit the market? I mean, do they know how far this will tank? 1.25p is fair value and will be above cash. Still a long way to go yet. |
Posted at 03/12/2015 10:01 by yidscmartist This is primed to tank there are 2 mm's offering to buy 7,500 shares each at 3.25p then it tanks to 2.25p A FULL PENNY DROP! which goes to prove the gap and the pump was stiff!So ONE lucky seller can grab 3.25 for 15k of his shares and the rest will be left sitting with their fingers up their holes and smelling sheese all day. Somone will grab that price n run as the date for dilution gets closer. The next price on offer is 7,500 at 2.25 then its down to 2p and sub 2p The first to dump will be the last to escape at breakeven or a small loss. With hardly any shares available until the dilution, the pumpers have created their own market within a market. They have nobody to sell too!! except themselves. Its first come first served. The rest will be locked in and smelling cheese. Still, once suspended till they source a deal they can say they're not losing anymore...well for 6 months or so they will be unable to cash out so, I guess it like not losing. |
Posted at 02/12/2015 09:48 by yidscmartist 440 mill x 1.25 = £5.5 mill cash.= a Mcap Of £6 mill come the 24th of December = a share price of 1.25p valued at cash Not derapming but facts. It will fall with a thud when liquidity issue is resolved with 410 million new shares, it's not rocket science. It's rising on buys of 13k what will 13k do when there is 440 mill in cirulation? The placing was done at a discount. True value is 1.2p |
Posted at 02/12/2015 08:40 by yidscmartist You are still being to far to generous @1.5pThere will be fees and costs associated with any acquisition. I think you will find the correct price is the actual placing price which was done at a discount for 1.25p. |
Posted at 01/12/2015 21:54 by yidscmartist I have to disagree, there is many stocks priced below cash so the people involved mean nothing.Nigel Wray has been here all along and it got suspended and went through a CVA so it actually counts for nothing. What matters is how much of the £5 mill raised is used for acquiring a profitable business and what's set aside for costs of the placing and the running of the acquired business. A fair price for that on todays news is 1.25p. Anymore and you are paying a premium for a stock with no business. It's not unusual for a cash shell to priced less than cash. This could actually go all the way to June 2016 before any acquisition is concluded. |
Posted at 01/12/2015 21:38 by welshsam I see the crash back to reality is well under way here.Why do people always fall for these scammers they are not hard to spot.Its the same people over and over again on here and on Twitter and on Lse.They usually have several pumps on the go and move from one to another depending on how the wind blows.Soon as people started posting the truth about this company and its value they dumped.Their silence is now deafening. This may or may not turn out to become a good company but that has all to be proved.With £5 million which they dont even have yet and 437mill shares in issue as a cash shell it is worth 1.14p Then as I said earlier you can be generous and add in some value for the listing and some value for the people involved and their potential to get this creating some real value.Which will take years by the way. So it would be fair and generous to give this a share price of around 1.5p to maybe 1.75p at the top end. The scammers were quoting 17.5p per share as true value and only 28.77m shares in issue and £5m in cash which as we know is an outright lie.And they know this too but tweeted it all the same and re tweeted it amongst the group. Right now they have zero cash and 28.77m shares in issue. Not until lated Dec early Jan will it get if passed the £5m along with the dilution of 409 million new shares. Then and then only will it be reasonable to say its shares are worth 1.5p. |
Posted at 01/12/2015 14:51 by bozzy_s RTO / placing at 1.22p per share. Market opens unchanged at 1.875p (surprised it didn't drop towards placing price). Then a bit of interest and it's more than doubled.To me it seems a pretty clear recapitilisation at 1.22p per share, to facilitate the RTO and provide funds for the new majority owners to buy investments of their choosing. They also get an annual fee, and bonuses based on the value of any such investment (not based on how good the investment is / how profitable it is / how much of a discount they negotiate to buy a stake). What have buyers spotted that I've missed? I'd say this is a dead cert to drop to the placing price. Right now £5m of cash is valued at about £17m in the share price. |
Posted at 01/12/2015 11:12 by cyberbub So the people subscribing £5M at 1.22p will have instantly trebled their money at today's SP? And all based on pure speculation of what ECV might eventually get via RTO? |
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