Eg Solutions Share Discussion Threads

[graham99114] 23/2/2005 20:48

Energis shareholders stand to benefit if the company is sold or floated at a
value of more than 1.8 bln stg.

BUSINESS telecoms carrier Energis is being groomed for sale with a price tag of £800m.
12 February 2005

[htrocka] 18/2/2005 21:15

ref grimreefer....you`re asking the wrong people...your question should be directed towards the Energis Share Action Group at the above website address....they should give you an answer...they have £30.000 of our money.

[pwal] 16/2/2005 12:22

grimreefer: I would have thought you have 2 chances of getting any money. None and ....

[grimreefer] 16/2/2005 11:59

Will I get any money for my shares held in this Company. What are the chances?

[htrocka] 13/2/2005 10:43

looks as if pressure has been applied by the arival of the asset stripping hedge funds.....to get out and get some form of return, before the`re stripped out and leaving themselves with nothing. Whoever `buys` them...Presumably, in lieu of the ongoing Sion case....and Energis shareholder... the `fight` goes on with the next `owner` (usurper).....unless of course the ESAG have thrown the towel in.

[gerry2] 13/2/2005 00:13

The last post is a good illustration ?
Of what happens when people don't practise contraception .

[wayneb] 12/2/2005 17:50

jaknife

If this goes ahead (the sale) at that price,i bet that will make your day

[mr.oz] 12/2/2005 17:08

link at header states the figure we are looking for is £1.8billion

[flashheart] 12/2/2005 16:17

I think the general consensus is then that this current price tag aint gonna cut the mustard!

[flashheart] 12/2/2005 16:12

martin44 - I seem to remember that also but a figure of 1 billion springs to mind but I,m not sure.

[wynmallen] 12/2/2005 16:10

there was but it needed to be £1.5bln if i remember

[martin44] 12/2/2005 14:52

just read the arctical in tghe mail, does this mean anything to people that Lost all their money in Energis.

I can remember at the time that there was talk of us getting funds back if it reached a certain price Tag?

[edward3] 12/2/2005 13:07

:-(

RIP

[htrocka] 30/1/2005 03:24

I feel rather saddened by writing this post but never the less it has to be done, but in some ways it`s moral justice in that what goes round...comes round.Having been a Colt Telco shareholder, I feel the end is in sight for Cheyls/Energis.Elliot, the Hedge fund that are accruing debt and equity in Energis, had gone through a learning curve when attempting to dismantle COLT. Ironicaly, it was the shareholders that saved them....in the form of Fidelity,who themselves are one of the largest global funds holding about 53% of the equity.They, Elliot, applied to the courts, just as Cheyls did to the Energis shareholders and argued that the company was no longer a viable proposition, was on a downward slope, but unlike Cheyls, demamded that Colt be dismantled and asset stripped in favour of it`s creditors, ie, themselves,before the company went totaly to the wall.Somehow Fidelity managed to pull the rabbit out of the hat and convinced the courts that it had proved that it had already pumped in 60p a share in the form of a rights issue, would do the same again if required and has massive back-up resources that was at the company`s disposal... adding that failure was not an option. This was enough to see off Elliot.In the case of Cheyls/Energis, the stakeholders, ie, banks,will not have the stomach or enthusiasm to take on the hedge fund and may even back them to see some return on their`investment`.Elliot have a formidable track record and had even challenged a south American government...and won.With B.T also turning on the screws and attempting to eliminate one of it`s main rivals, it`s going to take Energis,(the power of God) to stop this company from going under.

[htrocka] 28/1/2005 22:34

...what was once coined by the Tory PM Edward Heath as the `unacceptable face of capitalism`....has moved on...and under Tony Blair and legislation introduced by the present Labour government, has now been re-defined as acceptable part of the status quo.



p.s...I noticed that BAA shares have gone through the roof...

[finmac] 28/1/2005 21:35

vision
You and me both,but that is the way things are in big business, ask Jac Nife
Regards
Finmac

[vision88] 24/1/2005 21:06

how come the bond holders got equity and my shares just disappeared how dare they own my shares

[gerry2] 23/1/2005 13:27

eurofox
good post .
With plenty sage and onion .
LOL

[eurofox] 22/1/2005 18:00

with a bit of luck it will collapse and the bond holders will get stuffed this time!!

[htrocka] 22/1/2005 11:46

A curious scenario is developing at BAA (British Airports Authority). Although the protestors to the Stanstead expansion had won a `breathing` space, the action commitee have taken legal advice and decided to buy up as many shares in the Authority as they can so as to give them a legal voice...even control over the company. As a consequence, the shares have risen to a new high.The reason I find this `curious` is because the `average` Energis share holder held the majority of the shares in the company.....but it didn`t do us a blind bit of good....This will be one to watch, maybe they come up with something we`ve missed? (p.s If the ESAG wanted to raise more cash....all they have to do is to apply the `The Companies` house and for a few quid, obtain the register of all Energis shareholders and ask them for pro-rata fighting fund payments)(pps...I`ll probably buy a few BAA shares...just to keep track of the information)...ppps..British Energy took a `hiding` on it`s return to the stock market this week....lets hope that Energis does a bit more homework than BGY...in that it does not return to the markets ...with a brokers `down grade`....and finaly...one would have thought that the fairest way out for all concerned in the Energis/Cheyls debacle would be the issue to all Energis shareholders...convertable warrants, exercisable, possibly five years after flotation..that would give all concerned a win/win scenario?...just a thought.