Hot Tuna Share Discussion Threads

[suchchee] 20/12/2011 22:29

It will motor to 0.36 in 2 weeks ----Jump in ASAP in order to miss the opportunity as once the sale process of Brand (including debts) is out of the way it will fly through the roof.

[clocktower] 20/12/2011 09:47

What stirs this today?

[suchchee] 12/12/2011 10:03

Once more RNS about secured Ditribution agreement with other/eastern countries will boost share price and sale price for the brand will also go up by same trend.In my view they will get minimum 0.175 for the brand and after this announcement share price will go upto 0.35-0.40 in relation to new investment proposals.

[knowing] 09/12/2011 16:20

Guys look at the NXS news

[gcom2] 09/12/2011 16:17

rns 16:09 but obviously insider information at midday :


Hot Tuna: Three Preferred Buyers Enter Due Diligence Process
LONDON (Dow Jones)--Hot Tuna International PLC (HTT.LN), a surf wear and street wear brand, said Friday that it has invited three preferred parties to enter into a due diligence process and anticipate making a further announcement on the process of finding a buyer for the Hot Tuna brand and all the assets and liabilities of the company, by the end of this calendar year.

MAIN FACTS:

-The board anticipate that any sale of the Hot Tuna brand will be deemed to result in a fundamental change of business and therefore will be conditional on consent from the company's shareholders at a general meeting.

-Following a sale of the Hot Tuna brand the company will have disposed of all of its trading businesses and therefore it will be re-classified as an Investing company and will be required to adopt an investing policy, which must also be approved by the company's shareholders.

-By Razak Musah Baba, Dow Jones Newswires; 44-20-7842-9275; [e-mail]

(END) Dow Jones Newswires

December 09, 2011 11:09 ET (16:09 GMT)

[kinghorm23] 09/12/2011 16:13

What arrogance !

Did you dump topinfo ?

If you sold then what you did was illegal !

[topinfo] 09/12/2011 16:11

So there you have it, no ramp by me, just good old research!

[topinfo] 09/12/2011 15:52

DJ Hot Tuna (International) plc Launch of Australian web store and disposal update

TIDMHTT

RNS Number : 7263T

Hot Tuna (International) plc

09 December 2011

RNS

Hot Tuna (International) Plc ("Hot Tuna" or the "Company")

Launch of Australian web store and update on disposal of the Hot Tuna brand

Hot Tuna (International) Plc, a leading surf wear and street wear brand, is pleased to announce the launch of its Australian web store www.hot-tuna.com.au today, Friday 9(th) December.

Chairman, Francis Ball said "we are delighted to have taken this important step in the building of our brand in its heartland of Australia and New Zealand. This provides our customers in this region with direct access to our full range of men's and women's surf and street wear. There is an increasingly exciting level of demand for the edgy and fun designs for which Hot Tuna is well known."

Standard geo-filtering ensures that access to this website is limited to southern hemisphere customers. Customers located in the northern hemisphere will continue to have access to www.hot-tuna.com which currently features our winter and 'sale' collection."

As announced on 14 November 2011, the Board believes that shareholders interests will best be served by seeking a buyer for the Hot Tuna brand and all the assets and liabilities of the Company. To this end, the Board has invited three preferred parties to enter into a due diligence process and anticipate making a further announcement on the sale process by the end of this calendar year.

The Board anticipate that any sale of the Hot Tuna brand will be deemed to result in a fundamental change of business under Rule 15 of the AIM Rules for Companies and therefore will be conditional on consent from the Company's shareholders at a general meeting. Following a sale of the Hot Tuna brand the Company will have disposed of all of its trading businesses and therefore under Rule 15 of the AIM Rules for Companies it will be re-classified as an Investing Company and will be required to adopt an investing policy, which must also be approved by the Company's shareholders.

Enquiries:

[iloveit] 09/12/2011 15:49

hey guys take a look at UVEL !!!!!!!!!

[george57] 09/12/2011 15:29

Kinghorn,

As I have said to you before, should anyone who can't see through all their nonsense really be trading shares?

[charmer1_23] 09/12/2011 15:21

It could be argued that there is nothing to shout about when the trade goes against you, unless there is sufficient momentum or a decent RNS, it istoo easy to get trapped in a lot of speculative penny shares. Valid point re the volumes here, maybe just a few jumping on the bandwagon with increased trading volume, unless the management pull something out of the bag then very HIGH risk as they have already admitted failure with the current business model, let see what transpires. :-)

[kinghorm23] 09/12/2011 15:04

Got to remember it's a 0.04p stock

So 10 million cost £4000, 100 million £40k so £160k in total, it's not
a lot of money, still probably 10% of the company traded but most of that
is swollen by those that have already bought and sold, only takes 80 people
doing what i did and you have 400 million volume.

You should check the Rsi thread, i pasted how the gang work together.

[charmer1_23] 09/12/2011 15:00

Jeez, just checked RSI 0.75p bid! Kinghorm what do you make of the heavy volume here today? Most of the "Top Traders" seem to have been in and out already today. Wow ZOL on the move, no postion held. :-)

[kinghorm23] 09/12/2011 14:56

Chaps.

Read the RSI thread, i pasted how the gang work, not one post from them
now about it.

[charmer1_23] 09/12/2011 14:43

Kingholm,

each to their own, we are all here to make money but would agree that a bit of integrity would not go amiss. Thankfully the generous online limits allowed me to exit here, I can live with a small haircut. RSI looks very very high risk looking at the last set of accounts & the fact that they are "up for sale". Some poor souls locked in from 1.75p, this maarket can be very unforgiving, in many cases it is far easier to buy than it is to sell! :-)

[kinghorm23] 09/12/2011 14:31

Sven

Already you are accused of being either me or robson even though you
have been for many years.

Dont threaten to disrupt the pump and dumpers living otherwise they
will turn on you and ban you from their thread.

[loverat] 09/12/2011 14:31

These threads are classic comedy. Keep up the entertainment.

Incidentally, I missed out earlier on getting in at .52 for a quick in and out.

I have asked ADVFN if it will set up a 'pump and dump alert service' for posters on this site.

[charmer1_23] 09/12/2011 14:30

Well done, Kinghorm23 on your profit today, not to be sniffed at for a couple of hours work. Taken a small haircut on 1.5mil which I held from higher levels. No one knows the outcome here but definitely not for orphans or widows! :-)

[cmillar] 09/12/2011 14:28

Hot Tuna could be sold by the end of the year after its owners received bids from both investors and retailers earlier this week.

The bidding process for the surfwear brand closed on Monday. Executive chairman Francis Ball said there had been a "healthy" number of bidders.

He added: "There was a wide spectrum: some individuals and some retailers, more ecommerce retailers than bricks-and-mortar, but a good spread." Some investors had also expressed interest.

The board will now pick three bidders and invite them to proceed with due diligence, with sale completion by the end of the year.

Ball, chief executive officer Geoff O'Connell and brand director Oscar Verden would then step down from the board.

Earlier this month, Hot Tuna announced that distributor International Fashion Group Australia would oversee the brand's sales, distribution and marketing in Australia and New Zealand.

[topinfo] 09/12/2011 14:26

Sven-Its there to read in black and white. Maybe if you had of found the article you too could have bought at 0.04p like myself and others did. LOL.