Iofina Share Discussion Threads

[masurenguy] 08/8/2014 13:38

mister big - 23435: Indeed. ! But less well informed ! We raised 40m over three years - I was there and did it.

Really !

RNS Number : 8001V
Brightside Group PLC
03 June 2008
Number of Ordinary Shares being issued and allotted under the Acquisitions
250,000,000
Number of Ordinary Shares being issued and allotted pursuant to the Placing
55,789,474
Total number of Ordinary Shares in issue following Admission
326,469,474
Placing Price 19p - circa GBP62m

RNS Number : 4787D
Brightside Group PL
02 December 2009
Placing of 90,909,091 New Ordinary Shares at a Placing Price of 22 pence to
raise GBP20.0 million

RNS Number : 0858M
Brightside Group PLC
18 May 2010
Placing of 36,000,000 New Ordinary Shares at a price of 25 pence to raise GBP9.0million and placing of 12,500,000 Sales Shares

RNS Number : 5031Y
Brightside Group PLC
24 January 2014
Brightside Group plc ("Brightside" or the "Company")
Placing to raise GBP6.84 million (the "Placing")

Incidentally - hadn't you left Brightside some time before it was sold ?

[festario] 08/8/2014 13:37

Hmmm. I see that everyone has joined me in being irritated by Measuring Gay's use of formats and fonts.I was told to shut up by several on here when I last raised it.By the way, Thanks to Mr B for answering re STM.I won't be investing, as my own 'illiquid' favourite GVC, has the lions share of my funds and due to 10% yield each year. Can't touch that!Back to IOF now, and does anyone have the nasty feeling that IO5 is still not hooked up?I consider that news to be price sensitive, and we should have been told either way.

[mister big] 08/8/2014 13:19

Indeed. ! But less well informed !
We raised 40m over three years - I was there and did it. !

[angel of the north] 08/8/2014 13:15

Mas - are you the new netley? Certainly doing more attention seeking than he ever did - and a bigger, more arrogant prat to boot.

[masurenguy] 08/8/2014 13:12

mister big- 23418: Curiously on brightside - i started it with a desk two telephones and 50,000 of capital - 10 years of continuous growth to be a top 20 uk broker - it was sold for 127m last week ( my wife got the last cheque for 4m!). So on the value creation stakes it did pretty well !

LOL - plenty of obfuscation too in the above post. At the IPO and subsequent fund raisings, a total of circa £112m was raised in various placings so on the "value creation stakes" the sale of the business for £127m, a surplus of £15m after 7 years as a public company, is hardly a big deal!

[monts12] 08/8/2014 13:04

Masurenguy
you are wrong, give it a rest. Also please stop formatting your posts, you're ruining the thread!

[mister big] 08/8/2014 12:45

More to the point - if you check the document no money was raised at 69p so there were no mythical investors hurt by the original company either which I also owned !!

[diggulden] 08/8/2014 12:42

Masurenguy, you started today with a 'please keep on topic' post. Since that, you have cluttered the thread with absolute rubbish, let alone ruining the formatting for all mobile users.

[masurenguy] 08/8/2014 12:37

mister big- 23422: the broking business was not listed as you suggest in 2007

Really !

RNS Number:1685P
Brightside Group PLC
09 January 2007

First Day of Dealings

Brightside Group plc (AIM:BRT), the provider of financial rehabilitation
solutions to the UK consumer credit market and turnaround solutions to the
corporate SME sector, is today pleased to announce the admission of its ordinary
shares to trading on the AIM market of the London Stock Exchange ('AIM').
Teather and Greenwood is acting as nominated adviser and broker to the Group.

Admission Statistics
Admission price: 69p
Number of ordinary shares in issue upon admission: 20,219,400
Market capitalisation upon admission at admission price: #14.0m

[mister big] 08/8/2014 12:36

One thought on french bonds - the world situation re Iraq . Israel , Russia is pushing bond yields lower ( safe haven ) french bonds ludicrously get more expensive ! But it's a wonderful time to be contrarian and short them .
Big correction on way in due course - what's safer us treasury bonds on french bonds !

[mister big] 08/8/2014 12:28

?? Mister bigger

[mister big] 08/8/2014 12:13

Ie the broking business was not listed as you suggest in 2007

[mister big] 08/8/2014 12:12

Brightside was a shell , and started life as a debt collection business . We reserved into the shell with institutional shareholders subscribing at 18p- they exited at 27 p - this making a profit .
You seem sketchy on facts ( and I agree the font thing is irritating ! )

[masurenguy] 08/8/2014 12:08

Mister Big - 23418: Curiously on brightside - i started it with a desk two telephones and 50,000 of capital - 10 years of continuous growth to be a top 20 uk broker - it was sold for 127m last week

LOL - it proved to be a great deal for the external shareholders with Brightside having joined the market @69p in the IPO in 2007 and being subsequently sold for 64% less @25p earlier this year.

[mister big] 08/8/2014 11:50

To clarify - french bond position is not short term - any strength is an excuse to sell more !

[mister big] 08/8/2014 11:49

I'm doubling up on the bet but buying German bonds as a hedge .
Curiously on brightside - i started it with a desk two telephones and 50,000 of capital - 10 years of continuous growth to be a top 20 uk broker - it was sold for 127m last week ( my wife got the last cheque for 4m!)
So on the value creation stakes it did pretty well !

[monts12] 08/8/2014 11:41

mister big
French Gov bonds haven't stopped rising since your comment last week to short! I suppose the geopolitical situation (Ukraine, Iraq, etc) doesn't help with markets tumbling. An even bigger short on those bonds??

[masurenguy] 08/8/2014 11:39

mister big - 23414: I'm a fan of the business model (clearly!) and think it will develop momentum.

Really - just like Brightside did perhaps !

[mister big] 08/8/2014 11:36

Throw away - !
I haven't sold a share of STM and wouldn't it's a five year hold .