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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Lennox Hldgs | LNX | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.75 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.75 | 0.75 |
| Top Posts |
|---|
Posted at 21/5/2008 14:56 by dell314 Turion - just to remind everyone of your recent(February 2008) ridiculous ramping of this dog, using one of your MotiveTV user names:MotiveTV_MTV - 15 Feb'08 - 13:31 - 1658 of 2648 Excellent post bell boy, and as you point out in your cut and paste very undervalued stock...thank you Chancer6 - 15 Feb'08 - 13:34 - 1659 of 2648 dell314 gets all the hardcore deramping out of the way on the first day. MotiveTV_MTV - 15 Feb'08 - 13:36 - 1660 of 2648 Mr Sehgal...invests £200k....The guys a retail Guru if you check him out...He wants in on the continent...wait for it but we got a bid coming here..estimate 15-20p per share SEHGALS loaded, much cheaper to buy all LNX outlets and start anew.. Keep watching Chancer6 - 15 Feb'08 - 13:37 - 1661 of 2648 So we should follow him than bell boy who can never put his money where his mouth is! MotiveTV_MTV - 15 Feb'08 - 13:39 - 1662 of 2648 Always go were the money is SEHGAL is an immigrant that made millions in Retail, he will bid outright for lnx...The more stock he holds the less it costs him....Anyone holding here will be well rewarded. Chancer6 - 15 Feb'08 - 13:40 - 1663 of 2648 He's got enough shares now to get a seat on the board - he had to get a higher holding than Mr Voller...I've said it all along that they'll be some corporate activity where Mr Sehgal gets a seat on the board and a new project follows. MotiveTV_MTV - 15 Feb'08 - 13:41 - 1664 of 2648 buys coming in now......sehgal....w MotiveTV_MTV - 15 Feb'08 - 13:45 - 1665 of 2648 THIS IS WHY SEHGAL WANTS TO BUY LNX OUT. "The Company's position as the leading distributor of northern European produce into Spain remains unaltered with a customer base which includes most of Spain's major food stores. "Our central strategy of providing the principal means for British food manufacturers to get their produce onto Spanish shelves remains intact and it is our intention in the months ahead to explore new product lines and customer groups." KEEP WATCHING ACTION ON HERE ABOUT TO START> MotiveTV_MTV - 15 Feb'08 - 13:46 - 1666 of 2648 Buyers seeing real value again here....More buys coming in...these are like gold dust MotiveTV_MTV - 15 Feb'08 - 13:48 - 1667 of 2648 Sehgal wants to provide the new TESCOS in Spain for the Ex pats and Tourists.....My guess is a 15p is on its way.. MotiveTV_MTV - 15 Feb'08 - 13:52 - 1669 of 2649 I see that bell boy has missed another opportunity....This buddy is a massive takeover target. Sehgal if you read his profile buys and sells retail business, as far as i can ascertain....I see his near 25% accumulation as a definite RED FLAG THAT THE TAKEOVER EXPRESS IS HEADING LENNOX HOLDINGS WAY...Anyone holding will be well rewarded. MotiveTV_MTV - 15 Feb'08 - 13:53 - 1670 of 2649 Ready to tick over again.......Next mm on 3p...Can buy zippo online.. MotiveTV_MTV - 15 Feb'08 - 14:04 - 1673 of 2649 Sehgal has 28%, he is at present in talks tring to buy VOllers stock, this baby is about to be hit by a takeover bomb....Better be in when news hits.. MotiveTV_MTV - 15 Feb'08 - 14:04 - 1674 of 2649 Next buy we tick up..... MotiveTV_MTV - 15 Feb'08 - 14:14 - 1678 of 2649 Dell as normal your chattring on about irrelevances.. Sehgal is taking this baby out and not at 2p a share, try 12p... Chancer6 - 15 Feb'08 - 14:15 - 1679 of 2649 He bought half of his holding at 4-6p last Summer! MotiveTV_MTV - 15 Feb'08 - 14:16 - 1680 of 2649 Rakesh Sehgal is as we talk, in talks with the BOARD, he wants it to be none hostile, he has D.Read on his side and needs a few percent more then he has the helm.. Fundamental changes afoot and Rakesh has deep, deep pockets. Great stuff, eh, "Turion"? Rgds dell All IMHO, DYOR etc. |
Posted at 03/3/2008 20:33 by alibongo6l2 In case anyone falls for Chancers/Smilers lies about LNX updating their website for some imaginary takeover...... here is the post containing the email that actually got LNX to update their website so that they werent continually breaching listing rules :WellWorthIt - 25 Feb'08 - 09:58 - 2214 of 2506 Following sent to the Londong Stock Exchange : Sir Could you please investigate the following listed share : LNX I believe that LNX is in technical breach of its AIM listing requirements: ref : for the 2007 Rules For Companies and refer to page 9, rule 26, to see numerous breaches which appear to be taking place. As far as I can see, on their corporate website, they haven't updated the list of significant shareholders within the statutory 6 month period required by AIM rules (see : Also, if you look at their major shareholder list : HSBC Global Cust Nom (UK) 32.2% Rakesh Sehgal 27.8% Gower Nominees 20.7% Sinjul Nominees 10.2% David L Read 9.82% BNY Gil Client Account (Noms) 3.71% total : 104.43% The total of these holding exceeds 100%. This is undoubtedly incorrect. I think they've also failed to post their last Interim report on the corporate site, along with all notifications made in the last 12 months, and I believe they've failed to properly update the details of their advisers. Also I can't see any record of LNX having announced that it was complying with Rule 26, so maybe all these requirements have passed them by. Could you please investigate and ensure this company is not breeching any of the AIM regulations. Regards X. XXXXX |
Posted at 25/2/2008 09:58 by wellworthit Following sent to the Londong Stock Exchange :Sir Could you please investigate the following listed share : LNX I believe that LNX is in technical breach of its AIM listing requirements: ref : for the 2007 Rules For Companies and refer to page 9, rule 26, to see numerous breaches which appear to be taking place. As far as I can see, on their corporate website, they haven't updated the list of significant shareholders within the statutory 6 month period required by AIM rules (see : Also, if you look at their major shareholder list : HSBC Global Cust Nom (UK) 32.2% Rakesh Sehgal 27.8% Gower Nominees 20.7% Sinjul Nominees 10.2% David L Read 9.82% BNY Gil Client Account (Noms) 3.71% total : 104.43% The total of these holding exceeds 100%. This is undoubtedly incorrect. I think they've also failed to post their last Interim report on the corporate site, along with all notifications made in the last 12 months, and I believe they've failed to properly update the details of their advisers. Also I can't see any record of LNX having announced that it was complying with Rule 26, so maybe all these requirements have passed them by. Could you please investigate and ensure this company is not breeching any of the AIM regulations. Regards X. XXXXX |
Posted at 24/2/2008 19:53 by chancer6 O dear looks like dell314 continuing his personal agenda with his stalking and just posting on my threads. Not like him to appear on a sunday evening, I suppose fretting about the imminent big rises, and in the meantime trashing the LNX and DNK thread on iii. I suppose still v.bitter as I got one over him on DNK. Look forward to seeing you spend all day again on here and on iii bashing LNX tomorrow. I suppose it's only been a month that you been deramping LNX yet the price is still up and expected to go up a lot more. The derampers really fretting it seems and I'm looking forward to seeing LNX get up to 6p. |
Posted at 24/2/2008 19:13 by dell314 Chancer - My, haven't you been a busy boy, this weekend!! Do I detect a bit of blind panic, after waxman's post?? You usually go into ramp overdrive shortly before dumping... Anyway, presumably you do realise that Derek Pain has a regular slot in the independent, so LNX is regularly mentioned as one of his worst performing shares(Funnily enough, his worst one was PMD, which went bust!. Can you remember which pump'n'dumper started a thread trying to ramp PMD with a 30p price target? Yes it was you, with your optimist23 alias. PMSL!!). Why do you actually give any credibility to Pain's musings, when he's just another private investor making wild speculation(FWIW, I can't figure out why the Independent actually allows him column inches, unless it's just to fill space). If you'd actually researched LNX before you jumped in for one of your pump'n'dump efforts, you'd know that one of Pain's better articles(IMHO) was a review of the LNX EGM when Voller was supposedly trying to oust LNX directors. Apparently, it was a total farce and it appeared to be mischief making, as opposed to serious corporate action!! Rgds dell All IMHO, DYOR etc. |
Posted at 18/2/2008 15:53 by waxman3 What does it matter Rolf has left the company now in any event and besides that the bank are happy with them so too am I.So to give you more info the subject of sufficiency of cashflow to see LNX through to profits this was discussed in a hi profile meeting where it was assured to all that LNX did in fact have this ability. There is no secret of that as current trading is clearly showing. I posted that to stop these false and malicious rumours that LNX do have the necessary when clearly they do. I wish some of your here would grow up. |
Posted at 18/2/2008 14:42 by dell314 waxman - As I've already told you, Banco Popular is not "backing" LNX. They are invoice discounting for them. Therefore, Banco Popular's concern is the creditworthiness of LNX's debtors, not LNX itself. Whilst invoice discounting improves working capital for a company that has working capital issues, it obviously does so at a price. Invoice discounting will add considerably to LNX's costs by way of financing charges....And let's be realistic, the Hacienda are confident LNX will pay, as they are first in line for assets in a liquidation, if LNX don't pay! They don't need to worry about LNX's business, as they rank ahead of all other creditors.... Hope that helps. Rgds dell All IMHO, DYOR etc. |
Posted at 15/2/2008 10:59 by dell314 Chancer - Funny you should mention cowards. You don't seem to be around much on the PLW and PARO threads since they've dropped around 70% from when you were pumping them a short while ago. What were your price targets for them again?Anyway, we both know DNK is insolvent. i.e. unable to meet its liabilities as they fall due and their only hope is some kind of debt restructure that may involve a massive debt for equity. Anyway, enough of this jolly banter. What do you think of my £1.5mln full year loss prediction for LNX? Shall I adjust my spreadsheet for a less generous scenario and see what kind of even more hideous figure we get then? Just to remind you: This company appears to be heading for bankruptcy. Seeing as the 8% interest payments on the convertible loan only started in May 2007, it's clear that interest payments are going to be enormous for the full year(You will note that the interims already had an interest payment that was more than the entire previous year's interest), significantly raising costs. In the interims LNX made it clear that they couldn't afford the convertible interest payments and are attempting to renegotiate, demonstrating clearly how weak their position is. ...."The Company intends to enter into discussions with the loan stock holders with a view to rescheduling the interest payments due on the loan stock issued in 2006"..... There are now also factoring charges to add to the existing finance costs and interest payments to the Hacienda on outstanding tax. I'd estimate that total interest payments for the full year will be at least £350k if not significantly higher, unless they can cut a deal with convertible holders. If such a deal takes place, it seems reasonable that convertible holders will require something in return such as an even higher redemption premium. These convertible loanholders are already entitled to a 50% redemption premium i.e. They get circa £4.2mln repayment on £2.8mln of loans, secured over LNX's assets( in insolvency, they rank only behind a mortgage lender and the Hacienda for repayment). Anyway, historically LNX's second half trading is weaker than the first, so I'd expect further declines in sales for the full year, whilst it is clear that finance costs will rise significantly. Running LNX's recent figures through a spreadsheet, at a very rough estimate, I'd guess that the result for the full year will be something like a stonking £1.5mln loss(even if I quite generously lower admin costs to well below recent percentages). How long can this company keep going with such enormous losses? So, what are your views on the above? Do you or pillbox38(whichever aliases he is using today) have anything remotely intelligent to say? Rgds dell All IMHO, DYOR etc. |
Posted at 15/2/2008 10:41 by dell314 This company appears to be heading for bankruptcy.Seeing as the 8% interest payments on the convertible loan only started in May 2007, it's clear that interest payments are going to be enormous for the full year(You will note that the interims already had an interest payment that was more than the entire previous year's interest), significantly raising costs. In the interims LNX made it clear that they couldn't afford the convertible interest payments and are attempting to renegotiate, demonstrating clearly how weak their position is. ...."The Company intends to enter into discussions with the loan stock holders with a view to rescheduling the interest payments due on the loan stock issued in 2006"..... There are now also factoring charges to add to the existing finance costs and interest payments to the Hacienda on outstanding tax. I'd estimate that total interest payments for the full year will be at least £350k if not significantly higher, unless they can cut a deal with convertible holders. If such a deal takes place, it seems reasonable that convertible holders will require something in return such as an even higher redemption premium. These convertible loanholders are already entitled to a 50% redemption premium i.e. They get circa £4.2mln repayment on £2.8mln of loans, secured over LNX's assets( in insolvency, they rank only behind a mortgage lender and the Hacienda for repayment). Anyway, historically LNX's second half trading is weaker than the first, so I'd expect further declines in sales for the full year, whilst it is clear that finance costs will rise significantly. Running LNX's recent figures through a spreadsheet, at a very rough estimate, I'd guess that the result for the full year will be something like a stonking £1.5mln loss(even if I quite generously lower admin costs to well below recent percentages). How long can this company keep going with such enormous losses? Rgds dell All IMHO, DYOR etc. |
Posted at 31/1/2008 22:36 by gearing9 I was initially under the impression that sean miller was a reasonable poster, but i have changed my mind. His relentless and boring haranging of chancer and his cosying up to the muppet 8trader coupled with him blocking me from his tmp thread says it all.. Sean you forget you have been on here 3 mths, i answered your question re level2 the day you subscribed... For what its worth my thoughts.. Chancer has a set pattern, she in my opinion does sometimes make people money, some of the stocks she finds and buys into have the potential to rise rapidly as they sometimes do. I have no problem with her. Secondly re LNX last year i made £15k on LNX, i bought in in the january circa 1.75p..then sold may/june time or thereabouts at between 6p and 7p. Not in here yet as i think to accumulate a reasonable amount 300k plus they would be 3-3.5p to buy...less than that is not worth bothering as there are equally as good if not better opportunitys about...MBK,ITI,MTV to name a few.. As happened last year, we have a buyer accumulating, sehgal started buying last may, since then he has picked up a quarter of the company, he IS accumulating for a reason. At 2p that is a £160,000 plus investment...not peanuts, i believe LNX will have another good run, a little news this share explodes...It can go from 2p to 10p in days... good luck Chancer, i like LNx and did great out of them last year.. |
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