Highway Capital Share Discussion Threads

[andrewbatchelor] 03/5/2016 12:34

They have plenty of birds working in these Polish payment booths, if the one in Streatham is anything to go by. Maybe that's their angle!!

[phil1969] 03/5/2016 12:31

Another interesting connection Rutger Kriek is his links with Bank Of Cyprus which on March 31st announced it was seeking a London listing.
Since then they have considered setting up a holding company in Jersey which has now been shelved due to lack of credibility compared to London.

So what was mooted as a full IPO and primary listing in March now looks like one foot in London with a holding company.

[nextlink] 03/5/2016 12:25

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] 03/5/2016 12:07

I'm more intrigued by Mylux SPV more than I am Multipay.

Mylux look an interesting vehicle in which high risk investments are being acquired.
Mylux may have bought a 48% share of an up and coming payment service company, but HWC's 8% share of Mylux is the more interesting story.

The two directors running Mylux have an interesting background and connections especially Hans Rutger Krieg (Specialties: Specialised in corporate structuring, involving the use of Cypriot (and Dutch) entities, for international clients, including corporations and high net worth individuals.)
More digging to be done.

[yogaboy] 03/5/2016 11:06

There has to be more to this than appears in the RNS, because there has to be more to this.

You don't appoint the three new directors for this.

More news to follow, but for the time being I'm scratching my head.

[theshareguru] 03/5/2016 10:55

There has to be more to this than we are being told at present,price goes down
Then suddenly buyers appear.

[phil1969] 03/5/2016 10:55

Cheers for the research nextlink, on further investigation it has highlighted something, need to find further info, will post it if it looks worthwhile.

[nextlink] 03/5/2016 09:16

Quick Thought – Disappointed and then intrigued.
Believe Maciej Szytko and Dariusz Zych will soon convert their loans into Highway Capital shares.
Mylux Holdings incorporated in Cyprus on 27th November 2014 - info
Hans Rutger Krieg – Provides incorporation and tax advise etc. for Cyprus entities hxxp://www.equationcs.com/EN/index.html
Annh Neapxoy – Appears as Director on 130 Companies – Just making up the numbers?
Secretary – Maxted Limited – Incorporated in Cyprus on 10th September 2012 - info
Renate Petride hxxps://cy.linkedin.com/in/renate-petrides-033a3458
Knows Rutger Krieg (Cyprus is not large and ex pats are fewer)
Dorien Anne-Marie Mulder – Provides Admin Services
Multipay Poland – Quick search, yet to locate any information.
Given modern Software Entity – could grow rapidly with little initial capital.
This is, as most no doubt most agree, not the main event
Negatives – Cyprus connection – only purpose to disguise movement of assets – opaque
Positives – London Main Market Listing, Institution has put in modest amount at 5% with (as it is Cyprus and Highway's only asset is it's Listing) no collateral.

Why bother with London Listing if all is not as it should be.
Conclusion – A further and continual flow of news over the next few months.

[nevik2] 03/5/2016 07:14

Will mylux /multipay be getting listed as HWC? I'm not sure it will be.

[nevik2] 03/5/2016 07:10

So where is that rns pointing to? We borrowed some money to lend some money.

[scotty666] 29/4/2016 09:52

They have a full squad on the board now and Wheatley has recently been given a fond farwell so not long now imo.

[yogaboy] 29/4/2016 09:34

Four weeks since the £20k loan was announced.Positions taken.Flat line on the chart.Tension mounting.....

[yogaboy] 26/4/2016 15:00

ANDREW the previous loan was £120k on 15 July 2015. Then this one of £20k on 31 March 2016, i.e. 36 weeks later.

If the loans are funding ongoing running costs, then the £20k will last about 6 weeks, as phil1969 has already calculated somewhere above. If they are only being introduced for specific transactions, then it's anybody's guess.

Either way, this seems to be coming to a head one way or another.

[yogaboy] 26/4/2016 12:56

I look forward to hearing it nevik.

[andrewbatchelor] 26/4/2016 12:54

How much longer will the £20K last?

[scotty666] 26/4/2016 12:21

The Directors are supporting the running expenses with loans, until now at least.

[andrewbatchelor] 26/4/2016 12:07

Can someone please help me. How long will it be before the money runs out?

[nevik2] 26/4/2016 10:51

Still no deal for me with HWC and Isa transfer, I have requested an explanation.

[loobrush] 25/4/2016 13:04

New Directors buying a shareholding is the next signal I think, however that may come the same time as a deal, so just have to be patient I suppose.

[yogaboy] 25/4/2016 12:41

I guess so loobrush. It's easy to imagine that someone regularly mentioned in RNS is somehow more connected to the company than any other private individual. In fact you are probably right, he has no more idea what's going on than we do.

It's never wrong to take a profit, as the old adage goes, so it might well be that that's what we are seeing.

[loobrush] 25/4/2016 12:13

Paul Fellerman has been a holder for a long time and has been in and out of the share making a profit each time,selling those shares he has probably banked up to 100% profit so who can blame him taking some of the table.With his remaining holding -still a large slice,he is probably in for free. He probably knows no more of the future plans than we do.

[yogaboy] 25/4/2016 10:01

There's a mystery at the heart of this phase, though. If the prospects are as good as the emerging details suggest, then why did major shareholder Paul Fellerman halve his holding from 1.1m to 560k in the first couple of weeks of April?I just can't square that with what's happening.

[scotty666] 25/4/2016 09:02

So new team in place and DW gone with a small handshake. Lets hope to see some action soon and fingers xxd existing shareholders somehow get an opportunity to partake in any bigger plans.

[yogaboy] 21/4/2016 08:21

Nevis, although TD's Bed & ISA service is all online from the investor's point of view, it is handled by a real live person at the other end.If memory serves, there were once rules that required PEP/ISA investments to be bona fide trading companies (rather than investment companies or shells) and maybe that hasn't been updated in your online broker's algorithm. Just a thought, and a phone call should sort it.

[crapcrap] 21/4/2016 07:40

suspension first, then gap up!!!!!!