Innobox Share Discussion Threads

[latestarter] 12/10/2005 13:22

hope the news is good for you fella

[the big fella] 12/10/2005 13:18

100K in total. Could have bagged 35K profit not that long ago (although I have bagged about 10K profit on some trading positions). Nothing much I can do about it. Worrying not good for my health. Lets see what the independant audit has to say. News will either be very good or very bad.

BTW Good luck with INO.

[bozzy_s] 12/10/2005 10:18

He bought £50k's worth yesterday just before the close. I don't like to see anyone lose money, but that was dreadful timing.

[latestarter] 12/10/2005 08:53

i hope he didnt take that advice or hold them himself..............

[bozzy_s] 11/10/2005 17:15

And the reason for the LGB fall - the Doc selling (from Crown Pharma), just as I suggested! Still got over 34 million just by himself to sell off...


Rule 8.3-Langbar Intl

RNS Number:5284S
Dr Mariusz Rybak
11 October 2005


FORM 8.3


DEALINGS BY PERSONS WHO OWN OR CONTROL 1% OR MORE OF ANY CLASS OF RELEVANT
SECURITY
(Rule 8.3 of The City Code on Takeovers and Mergers)

Name of purchaser/vendor * Dr Mariusz Rybak
Company dealt in Langbar
International
Relevant security dealt in Ordinary shs

If a connected EFM, name of offeree/offeror with which N/a
connected

If a connected EFM, nature of connection # N/a

Date of dealing Most recent date
11th

DEALINGS +

Amount bought Price per unit (currency must be stated)

Amount sold Price per unit (currency must be stated)
500,000 56p

Resultant total amount and percentage of the same
relevant security owned or controlled 34,100,892 19.69%


Previously undisclosed trades detailed below

Date of dealing No. Shares Buy/Sell Price Resultant Total Percentage
4 Oct 2005 750,000 Sell 64.38p 37,550,892 21.68%
6 Oct 2005 2,100,000 Sell 55.19p 35,450,892 20.47%
7 Oct 2005 600,000 Sell 61.5p 34,850,892 20.12%
10 Oct 2005 250,000 Sell 59.8p 34,600,892 19.98%


IS A SUPPLEMENTAL FORM 8 (DERIVATIVE)/FORM 8 (OPTION) ATTACHED? NO

Date of disclosure 11th October 2005

Contact name Stuart Everitt

Telephone number 020 7567 0331

* Specify the owner or controller in addition to the person dealing. The naming
of nominees or vehicle companies is insufficient. In the case of disclosure of
dealings by fund managers on behalf of discretionary clients, the clients need
not be named.
# See the definition of "connected fund managers and principal traders" in the
Definitions Section of the Code.
+ If disclosing dealings/holdings in derivatives or options, please attach
Supplemental Form 8 (Derivative) or Supplemental Form 8 (Option), as
appropriate.

For details of the Code's dealing disclosure requirements, see Rule 8 and its
Notes which can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk.





This information is provided by RNS
The company news service from the London Stock Exchange

END
RETMGMMGNMGGKZM



What magnificent timing Big Fella, many many thanks for making my day!!!

[bozzy_s] 11/10/2005 16:29

Big Fella, not calling it rough justice or anything, but funny that LGB should be no.14 on big LOSERS board, vs INO at no.11 on big WINNERS, when you go out of your way to knock another share!

[bozzy_s] 11/10/2005 12:16

Big Fella - been there, done that. Bought at 55p, sold at 76, when trading as CCO. What puts me off is they placed 9m shares to fund working capital. Why the hell would you do that if you had hundreds of millions of pounds in the bank?

And there's a share overhang of about 71 million to be cleared first...


a) The number of shares currently in issue is 71,396,118 common shares of Euro 0.001 ("Common Shares"). A further 71,000,000 Common Shares are being issued to the shareholders of Crown Pharmaceuticals Limited as consideration for the transfer of the USD 294,126,185 term deposit with the Banco do Brasil, a further 2,000,000 Common Shares are being issued to Stuart Pearson and his family pursuant to the Company's acquisition of Langbar Capital Limited and a further 100,000 Common Shares will arise on conversion of the Founder Shares.


Fair enough some have been taken up by institutions, but there are still millions and millions more to be sold.

I'm very happy with my INO holding, and feel much safer than when I held CCO.

[the big fella] 11/10/2005 11:39

SKYSHIP - 2 Oct'05 - 19:00 - 1342 of 1366

BIG FELLA - I'm 25% liquid in my SIPP so would appreciate your recommendations based upon your earlier comment of: "there is so much choice around offering much better value"

Apologies for not responding earlier. LGB (hardly original) but NAV 2.05P per shares made up of cash deposits in Euroclear (c 92.5p per share) and Brazil. Brazil cash earmerked for property investments in Portugal.
Can buy around 55p at present. Shed loads of meaningless posts on the BB's but on a 1 year view you should easily double - if not treble your money.

[bozzy_s] 11/10/2005 11:35

No.4 the other day Ian! Good times!!!

[bozzy_s] 11/10/2005 09:23

Good to see the ARX link being cut down a bit more. I'm sure it's a matter of weeks until they're all cashed in.

[infinity] 11/10/2005 08:12

selling of ARX shares again but raising only 12.5k (less costs) - seems a pretty small amount ??

Results must be this week I guess, should prove interesting if not exactly inspiring !!

[marvelman] 10/10/2005 21:52

LS

Just got back.Near Dartmouth but not PC to tell you exactly where for another week.No not working for Russell!!
Looking good for holders anyway.Knackered and going to bed.

Regards

[energyi] 09/10/2005 21:46

I am still waiting, but 4P looks mighty attarctive!

[tamaybroke] 09/10/2005 21:22

good look chaps.
bozzy,puttin your neck on the line i c but i hope you called right not back in myself but keepin close eye.

[marvelman] 08/10/2005 22:10

Well Boz I suspect the profit/loss number probably wont be as important as the the NAV on results day.Also of course what the cash position is and whether it will be sufficient to service the capital investment programme the board has in mind.When I see the balance sheet this time I intend to keep track of it as the year goes by (mortgages,loans and all).I lost track after the Three Tuns.By coincidence I am off to take over a new hotel aquisition tomorrow in Devon.It was a bargain and they are there to be had....its all about timing.You are right,ARX is history and to be fair on the management they have tried to move as fast as they could to get rid of them.
Like the brothel idea but one of the hotels in London I looked after got there first I'm afraid..cost a fortune in fines!!
I have to say though I'm not looking for a fall come results day necessarily but just the correct entry point as the results will denote.I would much prefer to see a strong balance sheet and some punchy talk from the board in terms of ambition for the future.
So wish you and all the guys on this BB the very best.I have my wad ready for play.

[bozzy_s] 08/10/2005 00:39

I bow to a BB genius. I am not worthy Marvelman!

As it happens, my enforced sell-off of about 2% @ 7.2p turned out alright. I'm delighted to be back in for about 1% at 5p!

I suspect the results day might just allow entry at a lower price. They should be poor, everyone (including substantial holders) are expecting poor results. Maybe one or two punters will sell out then.

This will however go against the trend of a mark-up in share price upon results release, which has always given a net asset value well in excess of the actual share price.

Hopefully the reduced exposure to the ARX fiasco will also help this time. I'd rather have assets in hotels or pubs or cash (hell, I'd rather have investments in brothels) than ARX!

[marvelman] 07/10/2005 20:18

Great info latestarter.This is now beginning to look very interesting.Glad to see you are still hanging in here Boz.If anyone deserves a pay off on this it is you.I have been dithering about at these levels looking for an entry point but the spread is a bummer.Will wait for the results and go for it as I miss the conversation on this thread as much as the investment ride this gives.Good luck to those in.

Regards

[infinity] 07/10/2005 12:56

no results yet ???

[bozzy_s] 06/10/2005 13:01

No. 4 on big winners list, wow! Haven't seen that for a long time.

[bozzy_s] 06/10/2005 13:00

Let's hope they sell at something close to the asking prices then!

Topped up today by any chance?