Interbulk Investments Share Discussion Threads

[redfox2] 02/2/2006 16:38

HAVING SPOKEN AND REGISTERED A COMPLAINT WITH JAMES CAITHIE OF CITY FINANCIAL ASSOCIATES THE ADVISORS IN THE INTERBULK FIASCO HE HAS CONFIRMED THAT THE VALUE PLACED ON THE SHARES IS 2pence.??
WE COULD ALL HAVE SOLD AT 6.25 pence PRIOR THE SUSPENSION!!!
PLEASE ALL PHONE JAMES CAITHIE ON 02070907800 AND DEMAND OUR VALUE PRIOR TO SUSPENSION OF 6.25 pence.

please phone ,, put the pressure on

[davew28] 02/2/2006 16:27

3j,

Can you pm me [e-mail] and I will supply you with the details

Cheers
dave

[Abuse team] 02/2/2006 15:45

Post removed by ADVFN

[3johnny] 02/2/2006 12:34

davew

Would it be possible to put down what you bought at what price, when and current price. If you would prefer to do it privately i can give you my email address. I will then compile a report and send it to the FSA.

[davew28] 02/2/2006 12:07

3j,

Virtually every share I have owned with Halewood has gone pear shaped.

I had TTL who have gone to the wall (lost £3k). Setstone (STN) I've lost nearly £5k, same with CBO and RAF, TCH (now down at 1p, mostly bought at 5-6p), GTL, SKC,WTV,MVK and about another 4 stocks. Their record is absolutely shocking and their admin is a complete mess too. My worst losses are in TCH (currently down £30k). They tried to sell me INB but by this stage I'd had enough.

And I bet these guys are all picking up great bonusues.

John Halewood is the guy who should be made to pay IMHO

dave

[3johnny] 02/2/2006 11:52

Anyone know of any other examples of Halewood incompetence or market manipulation? Please post. I will compile a log of what you weere offered and when and then complain to the FSA.

[encarter] 02/2/2006 11:52

JakNife spot on.

[redfox2] 02/2/2006 08:24

3johnny.
YES I AGREE WITH YOU.
PACIFIC CONTENTIAL ALSO SOLD SHARES IN INTERBULK AT 4pence.
THIS WHOLE AFFAIR SMELLS OF MANIPULATION IN FAVOUR OF THE DIRECTORS OF INTERBULK AND THEIR ADVISORS.
IF WE DO NOT SEE VALUE OF AT LEAST 6 pence A FORMAL COMPLAINT SHOULD GO TO THE FSA.

[maxwell] 01/2/2006 15:04

Yes here is the main points :---

Interbulk Investments plc

Reverse Takeover via purchase of the world's third largest tankcontainer operator: Placing to raise ¿14.5m


KEY POINTS


* Acquisition of United Transport Tankcontainers Holdings B.V. ("UTT"), the

world's third largest Tankcontainer operator by fleet size, for Euro67m (¿

46.2m) on a debt and cash free basis * Acquisition of remainder of Inbulk Technologies Limited ("Inbulk") not

already owned, for a maximum of ¿8.5m; Inbulk has developed innovative

technology that allows Dry Bulk materials to be moved efficiently in a form

of Tankcontainer, * Placing of 72,500,000 New Ordinary Shares of 10 pence each at 20 pence per

share to raise ¿14.5m: one-for-ten share consolidation * New debt facilities of Euro55m (¿37.9m) from Bank of Scotland * Proposed Board changes and re-Admission to trading on AIM Bill Thomson, existing director and Proposed Chairman of Interbulk, comments:

"The global tankcontainer market is highly fragmented. Webelieve that UTT's logistics infrastructure and management, strength in the Liquid Bulk market, ability to move into the complementary areas of the Dry Bulk market, plus the innovative technology created by Inbulk, will position the Enlarged Group as a

global, full-solution provider for the movement of bulk commodities."

ENQUIRIES:


Interbulk Investments plc 01355 575 000


Bill Thomson
Panmure Gordon 020 7459 3600


Dominic Morley
City Financial Associates 020 7090 7800


James Caithie
College Hill 020 7457 2020


Gareth David


ADMISSION STATISTICS



Number of Existing Ordinary Shares in 91,420,492


issue
Placing Price 20p



Number of New Ordinary Shares to be 9,142,050


created pursuant to the Consolidation*
Number of Placing Shares 72,500,000



Number of Consideration Shares 16,249,991



Number of New Ordinary Shares in issue 97,892,041


immediately following Admission*
Maximum number of Earn Out Shares 19,249,991



Percentage of Enlarged Share Capital 74


being placed (%)*
Percentage of Further Enlarged Share 62


Capital being placed (%)*
Estimated gross proceeds of the Placing ¿14.5m



Market capitalisation following the ¿19.6m


Placing at the Placing Price


ASSUMING THAT THE SHARE CONSOLIDATION IS APPROVED BY SHAREHOLDERS AT THE EGM and that no existing warrants are exercised, and that Bill Thomson has subscribed for eight Ordinary Shares on the basis stated in the Admission Document.

INTRODUCTION


The Company has entered into (i) the UTT Acquisition Agreement, pursuant to which it has conditionally agreed to acquire the entire issued share capital of UTT for total consideration of Euro67 million (¿46.2 million) on a debt and cash free basis and (ii) the Inbulk Acquisition Agreement, pursuant to which it has conditionally agreed to acquire 85 per cent. of the share capital of Inbulk which it does not already own for total maximum consideration of ¿8.5 million, of which ¿4.65 million is being paid in Consideration Shares and cash on completion, and up to ¿3.85 million is being paid in Earn Out Shares subject to the Enlarged Group achieving certain earnings per share targets in the year ending 30 September 2007. The Company is raising ¿14.5 million by means of a Placing of 72,500,000 New Ordinary Shares at a price of 20 pence per share. Further details of the Placing are set out below.

On 2 November 2005 trading in the Company's Ordinary Shares was suspended on AIM at the Company's request. The Board expects trading in the Ordinary Shares to re-commence today. In view of the fact that the Acquisitions will result in a change of control of the Company and a fundamental change in its business, the Acquisitions will each constitute a "reverse takeover" of Interbulk under the AIM Rules. The AIM Rules require that the Acquisitions are subject to the prior approval of Shareholders, which is to be sought at the EGM, and the publication of a new admission document.

The Proposals are conditional upon the passing of the 2 resolutions by Shareholders at the EGM. If resolution 1 is duly passed at the EGM, Interbulk's existing share quotation on AIM will be cancelled and it will apply for the Enlarged Share Capital to be re-admitted to AIM. If resolution 1 is approved by Shareholders, it is expected that dealings in the Enlarged Share Capital will commence on 28 February 2006.

IN OTHER WORDS 6P * 10 = 60+P AND NOW REDUCED TO 20P APPROX MAYBE - "HALEWOOD" NEEDS TO GIVE A HEALTH WARNING WITH ALL THEY SELL.

[3johnny] 29/1/2006 11:35

Cheers Jak. I hope you're wrong on this one though.

[3johnny] 27/1/2006 18:30

Spoke to a broker at Halewood, who informs me that they have been in contact with Jim McColl andhe expects it to come back to amrket in early to mid Feb at 7.5 to 8p. He tried to tell me that they have a target price of 10p by end of next month. Will soon see if he is telling porkies or not.

[sven2006] 27/1/2006 15:34

I'll pprobably be gone by the time news arrives LOLOL

[geoff31415] 26/1/2006 13:25

It seems that Gavin Henson will have hung up his boots by the time some action is taken- any takers!

[3johnny] 13/1/2006 18:27

This has been out of action longer than Gavin Henson's rugby boots. Surely somebody, somewhere must have some news.

[hayg] 12/1/2006 13:46

can anyone inform me of anything stephen dean has been involved in recently apart from perhaps (Griffin Group) that has given the shareholders a reasonable return

[redfox2] 31/12/2005 08:36

NEW BOARD OF HONEST DIRECTORS REQUIRED.
TIME FOR SHARE HOLDERS TO TAKE ACTION.
WHAT HAPPENED TO THE RENTS?
EXPENSES HAVE LINED THE POCKETS OF THE DIRECTORS AT THE EXPENSE OF THE SHAREHOLDERS.
TIME FOR SHAREHOLDERS TO TAKE ACTION IN JAN.2006
THIS COMPANY REQUIRES TO BE INVESTIGATED.

[3johnny] 23/11/2005 22:01

Anyone got any news. Suspension has been 3 weeks now. Where is this going and when?

[redfox2] 23/11/2005 17:38

NOT HAPPY WITH THIS SITUATION.
WHAT IS GOING ON ?
IS THIS COMPANY CROOKED?
SHOULD IT BE REFERRED?