Highway Capital Share Discussion Threads

[phil1969] 02/4/2019 16:28

Whatever happened to DMHAre these options still available to DMHCOI don't see any mention of them in the latest RNSs24 October 2016Highway Capital Plc ("Highway" or "Company") announces the grant of an option to Daniel Mark Harrison & Co Pte. Ltd. ("DMH") to subscribe for 3,500,000 new ordinary shares of 2p each in the Company ("Ordinary Shares") at a price of 35p per share.The option is being granted as consideration for DMH providing its services to raise funds for Highway to execute one or more investments and seek resumption of trading of its Ordinary Shares on the Official List. The option granted to DMH is exercisable at any time until 20 December 2021 but only on the condition that the price per Ordinary Share, prior to any capital reorganisation, has reached 150p prior to the date of exercise.

[yogaboy] 02/4/2019 16:11

Of the large holders, only Szytko is on the Board, but that should be enough to reassure us that financing will be aligned with the interests of shareholders.

[nextlink] 02/4/2019 15:24

Yes forgot to mention loan holders with option to convert. Not a lot of potential dilution and 10 pence is reasonable. Given 75% are in the hands of Directors and close business associates they would be shooting themselves in the foot issuing vast numbers of shares.

[yogaboy] 02/4/2019 15:05

Quick work, thanks! There's another million and a quarter in the CLN at 10p, but still looks good.

[nextlink] 02/4/2019 14:54

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%.

[phil1969] 02/4/2019 14:32

I've kept our expectations realistic but hinted at the potential. It would be nice for everyone. We all deserve a bit of luck every now and then.

[crapcrap] 02/4/2019 14:19

oops, read the header incorrectly .

[yogaboy] 02/4/2019 14:11

90k, there are 9m in issue.Could be worth delving into a list of major holders, these might be quite tightly held.

[crapcrap] 02/4/2019 14:06

does your ex know she might be in for a windfall? you never know, love might blossom again!

[phil1969] 02/4/2019 14:00

It's been in suspension that long I've been divorced and thru countless girlfriends since ?

[phil1969] 02/4/2019 13:59

Count me in for over 3% between an ex-partner and myself. Let's hope the news keeps flowing.

[crapcrap] 02/4/2019 13:43

i guess thats about 70,000 shares then. you can add my 1% to that then! shame your name's not Rodney

[crapcrap] 02/4/2019 13:40

I'm almost giddy with anticipation!

[yogaboy] 02/4/2019 13:40

Two and a half years since suspension, I had forgotten that I hold 1% of this puppy! :)

[nextlink] 02/4/2019 13:18

With you. Then there is Nicolay Mayster's own company. hxxps://intercapitalmarkets.com/en/content/why-intercapital-markets

[crapcrap] 02/4/2019 13:08

sorry, i meant for a client!

[nextlink] 02/4/2019 13:04

Market Cap 29 million zloty - less than £6 million. Have you seen a particular connection. Unless igoria trade have great ambitions on growth it does not look that exciting. If indeed it is a possibility.

[crapcrap] 02/4/2019 12:01

hxxp://www.igoriatrade.com/ do they want a uk listing?

[phil1969] 02/4/2019 12:01

Serious money pumped into HWC by way of two loans totalling £450k in the last few months. New director with a wealth of experience in capital markets and new reputable advisor. Is the RTO about to become a reality??

[yogaboy] 02/4/2019 11:32

Well well well. A veritable flurry of announcements. Now let it work.Mischief, thou art afoot.Take thou what course thou wilt.

[crapcrap] 02/4/2019 11:27

NICOLAY MAYSTER President of Supervisory Board He graduated in Tunisia in 1997 with a Bachelor degree in Managerial Sciences, major – Banking Management. Nicolay started his carrier in Tunisia as equity analyst in Smart Finance – a local research firm. In Bulgaria, he has worked as an analyst and a stock broker for a large brokerage firm before starting Intercapital in 2001. Nicolay is a Chartered Financial Analyst

[crapcrap] 02/4/2019 11:19

just like buses, not a single RNS for years and then 6 come at once. somethings up

[phil1969] 31/3/2019 11:03

I understand your theory on NAV but HWC valuation has never really been based on NAV. There are some pretty influential directors on the board and carry a lot of clout. I originally bought in off the back of a couple of these directors. There was a massive RTO potentially occurring 12 months ago and it fell at the final hurdle. I've no idea what they're working on now but influential directors are massive shareholders so hopefully if they are to line their pockets off the next deal, hopefully we get to benefit too. I've no idea if the loan from DMH is still available. If it is the strike price is a huge premium to price at suspension.

[coolen] 29/3/2019 21:50

By drawing out cash, this cuts the NAV and signals a lower Placing price. The Directors will no doubt underwrite the issue using, er .....the very funds which they've drawn out. Or have I got it wrong ?

[loobrush] 28/3/2019 19:52

One day Rodney,lets hope its soon.