London Asia Capital Share Discussion Threads

[cheshire2] 03/7/2012 16:13

VISH65
must admit, i gave this up as a lost cause some time ago and anything back will be a bonus but does not look good..........live in hope

[vish65] 03/7/2012 15:47

Cheers to cheshire2

Not looking so good for our single largest plc investment at the moment. Wonder if they've liquidated any of our holding ?

[cheshire2] 03/7/2012 13:43

Roy
>The accounts were signed off last week and should be on the web site shortly. Further news as the situation develops.
>
>Regards
>Toby
>Toby J C Parker
>M: 07970682844

[cheshire2] 02/7/2012 21:54

rotors
yr right - just got this reply

Hi Roy, I have sent your mail to Toby and I am sure he will reply shortly.
> Regards, Dennis

lets hope dennis replies as quick

[rotors] 02/7/2012 17:50

Well officially Dennis Bailey has retired from LAC. Also, I cannot see that a re-listing is possible whilst the accounts remain full of disclaimers and qualifications from the auditors. Nothing moves quickly in China, so stay patient.

[cheshire2] 02/7/2012 16:43

have e-mailed d bailey that replied for the company last time for an update, also asked about a relist of shares

[curt3] 02/7/2012 15:05

where are the accounts ??? Im trying to keep cheerful but disillusionment is creeping in like the old drip drip chinese torture !! If accounts are presented can shres not be relisted so that those who are tired of all this can exit !!

[jettyboy] 27/6/2012 13:56

only 2 more days to do this

The audited accounts will be will be published on the company web site and will be filed at Companies House before the end of June. I will keep shareholders updated as matters progress

[loverat] 16/5/2012 14:40

Irenekent

I don't mind the Chinese or the Russians but regrettably this type of thing seems to be ingrained in their culture. I was reading an article by a Russian talking about corruption there and she said it is simply the way of life and will take generations to improve.

Mind you - looking at some of the events in other English run companies lately, it seems the same goes on here and the sense of fair play just an illusion. And I guess the other thing to consider is who was originally to blame for this? Ex private school and Price Cooper Waterhouse and British. It also seems some of his former colleagues are also carrying on the tradition elsewhere on AIM.

[irenekent] 16/5/2012 14:15

I would like to surmise that after the well publicised failure of the great Anthony Bolton to make headway in China, due to fraud and other dishonesty, that we might hope for things to change in that region. Perhaps it may dawn on the Chinese that if they are ever to make real headway in world finance they must be seen to be honorable.

Maybe a new dawn approaches where private investors such as us will not expect to be shafted every time we invest our hard earned cash in China.

[unionhall] 16/5/2012 09:47

Crikey, two alerts in two days - my head is spinning.....

[unionhall] 16/5/2012 09:46

News Alert

Change of Address
Posted: 16 May 2012

Please note the change in our London office address, telephone and fax numbers:

London Asia Capital plc
6 Grosvenor Street
London
W1K 4PZ

T: [phone]
F: [phone]

All email addresses are unchanged.

[unionhall] 15/5/2012 21:01

The Annual report should give a good indication of expected value. (if any).

At least there is some life left in the old dog.

[topvest] 15/5/2012 18:41

Vaguely encouraging I suppose, particularly on the further developments in the summer. Difficult to know whether he is talking this up or down. If I was in his shoes, given the history here, I would talk it down...so fingers crossed!

[unionhall] 15/5/2012 18:09

News Alert

Letter to Shareholders
Posted: 15 May 2012

Dear Shareholder

I am very aware that I have not been in communication with you recently, but whilst progress has been made, there is little tangible evidence of the effort that has been made by all parties concerned. The overheads of LAC have been seriously reduced both for 2011 as well as on an ongoing basis, principally as a result of the success achieved in one of the litigation matters in the Far East.

More importantly, over the course of the last 12 months, I have personally made a number of trips to the Far East and met with representatives of Richpoint as well as Mr Yilong Chen, the chairman of Zhongying, our largest investment and located in mainland China. These discussions have been slow but steady, and I would like to believe that further developments over the summer will finally provide shareholders with the opportunity for a realisation.

The audited accounts will be will be published on the company web site and will be filed at Companies House before the end of June. I will keep shareholders updated as matters progress.

Yours sincerely

David Buchler
Chairman
London Asia Capital plc
Tel: [phone]

[curt3] 20/4/2012 16:15

zzzzzzzz ! anything to get the pulse racing !!! has anybody got even the remotest bit of news ??? Despite the lofty valuations of 10-12 p in last years report, ive heard it whispered its now considerably less ! But who knows ?

[topvest] 01/4/2012 18:36

I'm not sure why they need a physical office at all really, but lets see what they have to say in the next annual report. Anyone know when? They have until the end of July, but shouldn't really take that long this time. It's not as if much is happening!

[cheshire2] 16/3/2012 10:11

hope so - quicker reply than ive had from some companies.

[unionhall] 16/3/2012 10:05

Thanks Cheshire - still some life in the beast then.

[cheshire2] 16/3/2012 09:33

above request for update sent to london asia on 13th - reply this morning

[cheshire2] 16/3/2012 09:23

Thanks for your inquiry. WE are making steady progress. We have moved from 35 Piccadilly to 6 Grosvenor Street and this has saved money. Also we have taken over the Register from Capita to save money. The Audited Accounts will be produced on time and we are currently heavily into the production.The Chairman will update everyone in the forthcoming Accounts. Regard, Dennis

[curt3] 21/2/2012 12:32

Yes Loverat - I had holding in COMG but will have to research my records to see how many !! Also had holding in China Biotech and dont know how to perssue it either !! Re LDC I heard that one court case had been seetled in their favour but otherwise the wheels are grinding slowly !!

[curt3] 21/2/2012 12:32

Yes Loverat - I had holding in COMG but will have to research my records to see how many !! Also had holding in China Biotech and dont know how to perssue it either !! Re LDC I heard that one court case had been seetled in their favour but otherwise the wheels are grinding slowly !!