Highway Capital Investors - HWC

Highway Capital Investors - HWC

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Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Highway Capital Plc HWC London Ordinary Share GB0008579384 ORD 2P
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 15.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
15.50 15.50
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Industry Sector

Top Investor Posts

phil1969: I'd like to think you're right nextlink but majority shareholders are in a position to issue themselves cheap shares and now not obliged to offer the same to existing long term private investors meaning they could issue the new shares at 2p to themselves if they wanted and if HWC returns to market at 15p where we left off. They are quid in, we get nothing. Thats why existing shareholders should also be offered the chance to buy the shares at the same price as insiders. I hope resolution 13 is in place to remove the legal hurdles and not to line insiders pockets and long term holders are still treated equally. We already have 1.25m new shares issued at 10p for someone to make a tidy 50% profit if HWC comes back at 15p. All this is irrelevant if: 1) HWC doesn't relist 2) HWC relists at 50p+ and everyone is a winner
nextlink: I am no expert when it comes to the Companies Act. I did not think there are any Treasury shares currently. Which makes the 52 million extra shares the most relevant wording. In any case as the Major Shareholders hold in excess of 75% of the share issue, all Resolutions will pass. Fingers crossed - whilst we private investors are the minority I suspect we are afforded some protection by virtue of the Majority shareholders holding in excess of 75%.
phil1969: By my calculations, most debt of any significance has been paid off leaving 1,250,000 of new shares issued by way of £35,000 worth of CLN's Whats most interesting is the significant amount of borrowing over the last three months totaling £552,000 mostly with outside investors unconnected directly with HWC. These lenders would be privvy to HWCs plans otherwise they wouldn't have lent such a considerable amount without security. This money could be to cover some of the costs to get re-listed. Any rumours afoot?
nextlink: Looking at the 2017 accounts published on 28th February. Total shares in issue 9,590,201. The five listed major shareholders hold 72.29%. I assume they only list those five as holding above 3%. Assuming Sanchoria Inv Ltd still hold 271,090 that equates to over 2.827% So at least 75.117% in six investors control Only 24.883% left for the rest of us, possibly less. I doubt there are more than 50 private investors, probably far less. Three of you posting today hold approaching 5% and I hold 0.62%.
yogaboy: That’s a very encouraging filing from a company that I had assumed was dead as a dodo from the point of view of an investor. Keeping these in the bottom drawer, but with more optimism than a year ago :) hTTps://beta.companieshouse.gov.uk/company/02991159/filing-history
loobrush: This could become very interesting as Polish investors can now buy, which means the Directors chums as well as the polish investors, who know the directors abilities become aware of this shell.
nextlink: phil1969 Highway do not hold 8%, they are receiving 8% interest on the loan. Having said that, as you say it is intriguing. Will Mylux continue to acquire a raft of high risk, potentially high reward companies, funded by institutional investors in London. Those investors funding via Highway, which will continue on life support. At some point the reversal can then take place. Proof of this theory would be an ever increasing flow of news.
phil1969: Today's news is very interesting. PF trading a handful of shares was always on the cards. He's a canny investor and he has previously made a few of his shares readily available to MM's when they are running low. He also has a habit of buying his holding back cheaper than he sold out for to take his position back over 10%What I'm more interested in, is the directors loan. The last injection of cash by way of a director loan was back in July 2015 totalling £120,000This has obviously been burned through but at a pretty slow rate of just £15,000 per month. This £20,000 loan is only 6 weeks of cash based on how long the £120k lasted. Are we to assume this £20k is enough to cover admin costs whilst the deal is finalised as it's pretty small sum and timeframe to be loaning. By the end of April we should know what HWC have planned and potentially suspension prior to RTO or a merger with Polish or Romanian cooperation. Anyone buying in at these levels will be glad to get locked in if its an RTO as it will be too late when re-listed. Look at that loan again, £20k!!!! 5-6weeks or just enough to pay legal fees before going into imminent RTO. Hang onto your hats!!
nevik2: company strategy, I had to smile a little when I read that.It's not so much a strategy as something to say. I long to see a company strategy statement that says, "we are seeking to hype this up and suck the blood from private investors", not that I think this is the case here, but for many listed Co's that is the strategy. I don't know what else they could of written at this stage.
theshareguru: Just invested some of my profit from 88e here things could be about to happen Sticking point before was the two top investors not agreeing on way forward This is now changing,with new chairman and directors.
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