Galileo Inn. Share Discussion Threads

[mothball1] 06/3/2003 17:12

And so does that mean share holders get comp? I dont think so.
If you send email 2 sense sonic info it does a loop and gets returned.
I think this one is possibly starting to smell a bit.Thats why iam out for the moment.I like to have an open mind and take facts as truth but at the moment there is very litle fact comming out IMOH

[efficient trader] 06/3/2003 16:57

If they do not confirm floatation before end of this quarter. they will be in breach, they confirmed 3 floatations before then, the market hasnt changed. If this was a ploy to release other ex directors.then they have lied. This sort of offical statment can be and will be looked into by the SFA. I can confirm that..

[mothball1] 06/3/2003 16:55

My sell of 106000 has not shown yet and by the way just as i did the transaction ,the offer ( for a few seconds went up too 2p) I may get back in again later but I wanted a chance on another stock

[nav_mike] 06/3/2003 15:20

Tom

If you are around, Im here now for that email address

[tom2468] 06/3/2003 13:14

Mike

I was off to lunch

please let me have it again

tom

[cappagh] 06/3/2003 13:03

MrK
Thanks. Not only for the post, but also
for putting it on this thread. As soon
as I saw that this thread had been updated
I knew there would be something worth reading.

[jubjee] 06/3/2003 11:48

doing what they say they will do would be a start!

[fozdad] 06/3/2003 11:35

Knopfler,

spot on.

I can understand that the market conditions are delaying things, but's let's hear something official....anything!!

[sreddy] 06/3/2003 11:28

Tom,

He wasn't patronising to me whan I spoke to him a few days ago. Maybe you caught him on a bad day. If the floats don't happen now, the accounts will confirm the balance sheet deserves a much higher share price than the current depressed markets are applying. When value is eventually realised for one or more of the investments, particularly FCS, then a premium to current net assets will be justified. I hold a significant amount, but am not buying more only because it will take me over 3%.

[nav_mike] 06/3/2003 11:19

Tom

Did you pick up the e-mail addy on other thread? Gonna remove in 20 mins

[knopfler] 06/3/2003 11:14

' mis contstrue what I say'.

i thought it was what they were not saying that is causing all the concern/apprehension/doubt/unease/suspicion and speculation.

it's quite simple mark - if you want people to understand you perfectly without any mis-understanding release an rns and tell us what's going on, in plain english not ambiguious company ceo speak.

[tom2468] 06/3/2003 11:04

Mr K

how do you find Mark to speak to?

[tom2468] 06/3/2003 11:03

At least they are still cash rich I suppose

[nav_mike] 06/3/2003 11:02

Tom

.

Let me know when got it

[tom2468] 06/3/2003 11:01

no mike but would like it!

[nav_mike] 06/3/2003 10:58

Well thats reassuring isnt it Tom?

What we all need to remember is that our investments are just to be used as playthings by small company directors. How dare we ask for progress on floatations that were expected in the last quarter of 2002?

Bought back into BBG this morning - did well on the last move up. Overhang probably cleared by one big transaction this morning, level2 transformed

By the way Tom do you have my e-mail address?

[tom2468] 06/3/2003 10:49

I have had a conversation with Mark

He is one hell of an arrogant tw*t!

Asked me if I used bulletin boards and I said I looked and he said well I dont talk to people who go on there because they always mis contstrue what I say.

I asked him about the cash position of the company and he said they were strong
I asked him about the floatations and he said " have you seen the markets?"

This guy needs a slap! Very very patronising

[moneypit23] 06/3/2003 08:50

TOM2468 - no reply to your call then I guess?

[spike_1] 06/3/2003 00:48

Sreddy many thanks for your help - Mike Edwards

[sreddy] 06/3/2003 00:40

I don't know, Spike. It depends whether the CFD's are classed as a business asset. Try the IR web-site. www.inlandrevenue.gov.uk

Actually try - and look at the definition of business assets on page 44. The definition of qualifying shares is around there somewhere as well.

[spike_1] 06/3/2003 00:18

OFF-TOPIC

Sreddy you seem knowledgeable in this area, can you or others help with this question?

Part of my portfolio is in CFD's (100K). Are profits if taken after two years eligible for CGT taper relief in the same way as 'normal' aim shares? And yes I know 2 years is a long time to maintain a position with a CFD, hence my question.


Regards – Mike Edwards

[ladylucy] 05/3/2003 11:45

Tom,

Good luck no one returned my call!

[tom2468] 05/3/2003 10:36

I am waiting for a call from Mark will let you know the outcome

[knopfler] 05/3/2003 09:28

this company is getting worse by the day.

why are the results not out? possibily because they need altering? maybe, somehow, floatation revenues may have been booked into the accounts in advance to make them look good, now there are no floats they are being adjusted and will show a heafty loss.

there's no real reason why they should not be able to release them.

there is somthing in the results we do not know about, that's why they're not out. we've heard it all before: change in accounting policy, difficult market conditions, whatever, anything to turn expected good results into terribly poor results, oh! and it's not their fault - yeah, right!

even if an rns comes out specifiing a date i would not trust it/them. i think a suspension for non release of accounts is just around the corner.

before anyone has a go at me - these are my own personal views and opinions, i have not spoken to anyone connected with the company and have no 'inside information' just my take on events as i see them.

[sreddy] 05/3/2003 08:56

5p will do for the comfort factor, 10p will do after a year, when the first level of taper relief will become available. As I said I can wait, and was always looking to hold for taper relief.