Gasol Share Discussion Threads

[teraferma] 17/7/2014 08:44

Someone's loading up, anyone confess?

[foxx999] 14/7/2014 21:16

Sure they're right buggy, I wasn't sure just assumed....

[buggy] 14/7/2014 13:56

Fox,

I asked that very question twice, before adding and was told that I could so long as it is still trading and once delisted I can just let it fester in my account.

I think I will phone and reconfirm.

EDIT:
I deal with SELFTRADE and they have confirmed again that it can just stay in the account after delisting.

[foxx999] 14/7/2014 12:57

Buggy, I've known about gasol for a few years, having been a long term Afren holder. Obviously I feel for long term holders here, but as a fresh punt there might be value here. As previously mentioned I held Sunderland FC shares on delisting and the worst thing I did was sell as people kept saying it was stupid holding delisted shares.... Within a year or so they were taken out at x3 price.As an aside, are you allowed to hold delisted shares in an ISA?? I genuinely don't know the rules, but have a suspicion they might make you transfer them out.Foxx

[buggy] 14/7/2014 11:50

fox,

Thanks for feedback, my sentiment exactly as I would probably not be able to trade these for about 3 years. Anyway for good or bad I have now placed my bets with 56,758 shares into my ISA.
I used the extra ISA allowance for this year on the shares, so willing to wait.

I have been reading through a lot of material on the company but realize that I do not have the same knowledge on the company as most of the resident holders.
From what I have been reading, I believe that they could start gas delivery next year?

[foxx999] 14/7/2014 11:15

Nah Buggy, all relative really... I've got about the same...I would definitely only chuck money in you don't need thou (ever)...so would you want more?

[buggy] 14/7/2014 11:01

Quick question for those holding.

I am thinking of chucking no more than £3000 at these. Do you think a holding of just about 50,000 shares is a bit small for a delisted company?

[gjd000] 10/7/2014 18:28

As in, there is still a market for them.....never said there was a Dyson involved....more like a Halfords 12v car-vac......

[cupra kid] 10/7/2014 18:15

'Someone is hoovering these up'! LOL!!!!

[gjd000] 10/7/2014 17:41

Teraferma, I believe they did. Someone is hoovering these up.

A good indicator will be a spike in price on the last trading day...

[teraferma] 10/7/2014 17:39

GjdI take your point especially as the delist was always going to happen seeing as they had majority shareholder approval.My point was more did they want that reaction, because someone's buying. All insignificant now.I intend to buy a few more prior to delist, I would imagine they already have funding lined up and then hopefully both projects should be up and running.

[omzy] 10/7/2014 17:18

RNS - 17/6/14

'To enable Shareholders to buy and sell shares, Gasol will be retaining the services of its Registrars, to facilitate any private transfer of Ordinary Shares.'

Anybody know who the registrars are or how to trade with them ?

[cascudi] 10/7/2014 17:08

thank you Bronislav for the info. i did not know that.
sorry for the ignorance
But how is it possible to take profit in the future (a part of dividend) if it is not possible to trade the shares? are you saying that is still possible to sell the shares with a broker?

[bronislav] 10/7/2014 16:34

Bcos you still have a share of the company and they must think that will be profitable in the future.

[bronislav] 10/7/2014 16:34

Bcos you still have a share of the company and they must think that will be profitable in the future.

[bronislav] 10/7/2014 16:34

Bcos you still have a share of the company and they must think that will be profitable in the future.

[cascudi] 10/7/2014 16:25

why today someone bought some share when it was already communicated that the company will be delisted?

[gjd000] 10/7/2014 12:45

Teraferma

That wouldn't have made a difference. The only difference would be that those that wanted to take a hit and sell wouldn't have been able to.

Holding suspended shares at a higher price is no better than seeing the shares fall, except maybe psychologically.

The value of the Company has not fundamentally changed, just the market's perception of the value of the Company. This is why they want to delist anyway.....

[teraferma] 08/7/2014 15:39

Question:

Could Gasol have suspended their shares prior to GM to decide delisting?
We have lost 60% of value since the announcement.

[foxx999] 08/7/2014 14:40

Just picked up a few. Gonna write it off and forget about it - but you never know - I've lost a lot more of 'safer' investments.

[racinglad] 08/7/2014 07:23

Hi I am holding as well. A few years ago, someone, who was close to the board, said that this Company would be bigger than Afren!

[bronislav] 07/7/2014 18:42

Tera....I sold out a while ago with a view to getting back in ....got my wishes really as 6p is a steal if they can move all the projects forward...

[biggerthus] 07/7/2014 17:00

I'm also sticking with mine - as is a mate of mine who holds.

The nonsense written about market disinterest is just that; they appear to have no problem raising cash from the banks, but would prefer to keep future profits to themselves.

Bottom drawer perhaps, but could one day be a rather nice surprise.

[teraferma] 07/7/2014 16:57

Bron,I'm definitely holding, been here too long to jump ship just prior to project completion. Somewhat reassured to see someone picking up the odd batch of 100k of shares, might be AB. Waiting to hear back from mr B before hopefully purchasing more. I was hoping to use some of my vast OEX profit but hey ho one day.

[bronislav] 07/7/2014 16:43

Gjd000.maybe that's why heard nothing about the malta deal ,no figures ,no projected earnings but make no mistake to get that deal ahead of some serious consortiums was no mean feat and the gas supply to west Africa will be worth big bucks ....Why delist now at this stage ,why not when they first had access to the 100 mill bonds facility.May have to forget about the investment for a few years ,but at these prices future dividends would be an attractive pension addition.