Guscio Share Discussion Threads

[the stigologist] 02/10/2015 16:23

dear oh dear

[loverat] 02/10/2015 16:15

Not been watching this one lately and see it is suspended.

2p placing?

[the stigologist] 28/9/2015 08:38

another dosser2 disaster

[swizz] 10/9/2015 16:53

Interesting to note.......GL S


‏@Skills2Achieve 4 hours ago
We have some exciting changes to Skills2Achieve over the next few weeks...watch this space!!

[swizz] 09/9/2015 07:24

Indeed it is and for how long? ......GL S

[swizz] 11/8/2015 07:16

GM update.......GL S




Introduction

As shareholders are aware, the Company disposed of its two trading subsidiaries, Talent Holdings and Talent South, on 8 September 2014 and was re-classified as a non-operating investing Company in accordance with the AIM Rules. Following the disposals, the Company’s Investing Policy has been to invest in and/or acquire technology and media companies and/or assets where the Board believes there are opportunities for growth which, if achieved, will be earnings enhancing for Shareholders.

Since the approval of the Investing Policy the Company has raised, in aggregate, £864,000 and has therefore been able to commence implementation of its Investment Policy. The Company has made its first investment, being the acquisition of a 30 per cent. interest in the issued share capital of Sportsdata Limited ("Sportsdata"), over a three month period from December 2014 to February 2015 and has subsequently supplied a further loan to Sportsdata in June 2015. Sportsdata is a technology company that has developed and implemented a website application for the purposes of monitoring and improving physical literacy and the participation of children in sports and active pursuits at school. The website has been developed with Youth Sports Trust ("YST"), a leading charity for sports-driven and educational programmes. Sportsdata has entered into a collaboration agreement with YST to utilise the website via a recently launched Skills2Achieve programme. The Skills2Achieve programme has started selling licenses to operate the website to primary schools throughout the United Kingdom.

In addition, in April 2015 the Company also strengthened its Board with the addition of Gail Ganney and John Steele as Non-Executive Directors. Gail and John bring a wealth of knowledge and contacts in their respective fields and are a great benefit to the business as it continues to develop its plans within the education and sports technology sector.

As an investing company in accordance with the AIM Rules, the Company is required to make an acquisition or acquisitions which constitutes a reverse takeover under the AIM Rules or otherwise implement its Investing Policy on or before the date falling 12 months from the adoption of the Investing Policy failing which, the Ordinary Shares will be suspended from trading on AIM. Accordingly, the Company must implement its Investing Policy to the satisfaction of the London Stock Exchange by no later than 9 September 2015. In the event that the Ordinary Shares are so suspended and the Company fails to make an acquisition or acquisitions which constitute a reverse takeover under the AIM Rules or otherwise implement its proposed Investing Policy, the admission to trading on AIM would be cancelled six months from the date of suspension.

Currently the Company has not substantially implemented its Investing Policy to the satisfaction of the London Stock Exchange and Guscio may therefore become suspended from trading on AIM. The Company has been actively looking for complementary acquisition and investment targets to Sportsdata in the educational technology sector with a view to making further investments in accordance with the Investing Policy and to achieve certainty regarding satisfaction of implementation of the Investing Policy in accordance with the AIM Rules.

While the Company has undertaken a significant amount of due diligence and negotiations are advanced on a number of potential investments, there is no guarantee that a transaction will be completed. It is, however, envisaged that any future transactions, being acquisitions/investments, fundraisings, or, any other corporate activity, may require the issue of new Ordinary Shares. Accordingly, the Company is seeking new general authorities for the issuance of Ordinary Shares now, such that it provides the Company with flexibility and agility to more readily proceed with potential transactions.

Outlook

As set out in the Company’s interim results for the six month period ended 31 March 2015 which were announced on 4 June 2015, the Company's financial position has been strengthened. In total, £864,000 (£860,000 net of costs) has been raised by the issue of new Ordinary Shares.
The Company is confident that it has identified exciting investment opportunities and that further complementary investment opportunities can be identified in the coming weeks and months. Therefore, the Board is confident that implementation of the Investing Policy can, and hopefully will, provide Shareholders with capital growth over time.

[swizz] 28/7/2015 11:53

Morning jj, good to have you on board and all good this end, hopefully your timing is spot on!....Cheers S.

[jjcamargo] 28/7/2015 09:06

just sticking head in swizz, hope all well. I have taken a small position. footy season about to start, so if there is to be news that drives price, then start of the season is as good a time as any

[swizz] 21/7/2015 10:37

Zak shares a few more positive charting thoughts on Guscio....GL S

[swizz] 19/7/2015 10:36

d2,...lol..spot on.....I have been enjoying the delights of the Jurassic coast for a few days and switched off.....GL S

[dosser2] 19/7/2015 10:23

Whats up swizz?? Only just noticed the rise.

[swizz] 19/7/2015 10:10

Tomorrow could be interesting if Friday afternoon is anything to go by,....GL S

[swizz] 30/6/2015 15:23

Small snippet from Shareprophets today......GL S



"The stockmarket has taken a two day thrashing but the odd company has bucked that trend and such outliers perhaps merit investigation. That brings us to Guscio (GUSC), an investment company born out of a failed media business. Its shares trade a touch better today at 9.125p valuing the enterprise at just over £1.5 million.

Guscio has just one investment – Sportsdata a sports support services firm promoting the Skills2Achieve programme. Guscio has also loaned cash to Sportsdata to allow it to tap into the huge soccer market. A recent tie up with Charlton – a pioneer and leader in community based outreach – makes supporters think there could be massive growth potential.

The question is what sort of stake in Sportsdata will Guscio ended up with and also when will it start to publish some forecasts on what it could deliver? The company has some high profile backers including Nigel Wray (Britain’s Buffett) and also Chairman Richard Thompson. Even in these awful markets it might be worth a small flutter."

[swizz] 30/6/2015 10:12

The brand awareness works, continues at a pace......GL S

Skills2Achieve ‏@Skills2Achieve 1 hour ago
Looking forward to the #afpe2015 conference today! We're all set and ready for a great day

[dosser2] 22/6/2015 20:24

Good day. At last. Well overdue

[swizz] 22/6/2015 18:32

A bright start to the week and a few more new holders by the looks of things.....GL S

[dibs61] 21/6/2015 21:14

Yes £1.16m MC is miniscule and just16m shares in issue! What this means of course is lack of liquidity resulting in exaggerated share price moves both up and down. I see a lot of potential here.

[swizz] 21/6/2015 15:20

Volume and buy frequency picking up in recent days and quite a lot of it late reported and not being picked up, the week ahead may just deliver some wider interest.....GL S

[loverat] 12/6/2015 14:03

I don't think people have researched this one much. I took some time the other day and lots of positives and speculative and material upside. If you look at the chart it has bounced and near doubled from these levels in a very short space of time. Good short term, medium and long term stock quite possibly.