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MEQ Microcap (See "LSE:DEO")

0.155
0.00 (0.00%)
22 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Microcap (See "LSE:DEO") LSE:MEQ London Ordinary Share GB0032851270 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.155 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.155 GBX

Microcap Equities (MEQ) Latest News

Real-Time news about Microcap (See "LSE:DEO") (London Stock Exchange): 0 recent articles

Microcap Equities (MEQ) Discussions and Chat

Microcap Equities (MEQ) Most Recent Trades

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Microcap Equities (MEQ) Top Chat Posts

Top Posts
Posted at 31/12/2009 09:36 by johndee
Although my broker changed the name for me to DEO they still say the price is 0.15 pence................maybe the price is not set yet.............
Posted at 30/12/2009 14:05 by andrbea
exciting though in a way.
deo starts to trade tomorrow
U could buy meq today on the off-chance of a good opening tomorrow.

a pure gamble of course :-)

meq went from -10% to 3% intra-day today

nia dyor
Posted at 25/11/2009 18:49 by treacle32
For what its worth, after close tonight. Incidentally, on the last BUY confirmed the price was tipped at 0.15p and got to 0.45p last month.

BUY-IF

0.2200
0.0000 0.00%

MEQ
Microcap Equities PLC
Daily Commentary

Our system posted a BUY-IF today. The previous SELL recommendation was made on 23.10.2009 (33) days ago, when the stock price was 0.3900. Since then MEQ has fallen -43.59%.



The last two candlesticks formed a Bullish Harami Cross Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.
Posted at 23/11/2009 20:48 by 21simthy
LOL !

Are you blind treacle, shall i send you the braile version ?

1 June 2009

Microcap Equities Plc

(the "Company")

Further re: Share Price Movement

Further to the announcement made on 12 May 2009, the Company announces that the
negotiations referred to in the announcement are ongoing. There is no guarantee
that these negotiations will result in a transaction involving an equity
investment being concluded. However, in the event that the parties involved in
these discussions make an equity investment into the Company it is likely that
this investment would be made at a significant discount to the current
middle-market share price of 0.26p per share, being the price at close of
business on 29 May 2009. A further announcement will be made in due course.
Posted at 23/11/2009 20:03 by 21simthy
This RNS is the most important and a warning to others that might think
it's worth an investment at this price .

1 June 2009

Microcap Equities Plc

(the "Company")

Further re: Share Price Movement

Further to the announcement made on 12 May 2009, the Company announces that the
negotiations referred to in the announcement are ongoing. There is no guarantee
that these negotiations will result in a transaction involving an equity
investment being concluded. However, in the event that the parties involved in
these discussions make an equity investment into the Company it is likely that
this investment would be made at a significant discount to the current
middle-market share price of 0.26p per share, being the price at close of
business on 29 May 2009. A further announcement will be made in due course.
Posted at 23/11/2009 15:36 by safman
However, in the event that the parties involved in these discussions make an equity investment into the Company it is likely that this investment would be made at a significant discount to the currentmiddle-market share price of 0.26p per share...

Saffy...
Posted at 23/11/2009 15:34 by safman
Microcap Equities Plc

(the "Company")

Further re: Share Price Movement

Further to the announcement made on 12 May 2009, the Company announces that the
negotiations referred to in the announcement are ongoing. There is no guarantee
that these negotiations will result in a transaction involving an equity
investment being concluded. However, in the event that the parties involved in
these discussions make an equity investment into the Company it is likely that
this investment would be made at a significant discount to the current
middle-market share price of 0.26p per share, being the price at close of
business on 29 May 2009. A further announcement will be made in due course.

For enquiries:

Microcap Equities Plc 020 7247 9691

Nicolas Greenstone 020 8371 3071

Rakesh Patel

John East & Partners Limited, a subsidiary of Merchant 020 7628 2200
Securities PLC

Bidhi Bhoma


saffy..
Posted at 26/6/2009 12:18 by tomboyb
TIDMMEQ

26 June 2009

Microcap plc

("Microcap" or the "Company")

Final results for the year ended 31 December 2008

CHAIRMAN'S STATEMENT

I am pleased to report on the results of the Company for the year ended 31
December 2008.

The Company's operating loss was reduced to GBP65,630 (2007: GBP90,363). The loss
before tax increased to GBP144,366 compared to a loss last year of GBP86,432 after
a permanent diminution in value of the Company's investments, amounting to GBP
40,000 (2007: GBP1,482) and after a premium paid of GBP40,000 on conversion of GBP
20,000 nominal convertible unsecured loan notes.

The Company made announcements on 12 May and 1 June 2009 relating to a
potential equity investment in the Company. Negotiations relating to the
investment are now at an advanced stage and the Directors are hopeful that
these negotiations will be concluded shortly. Any such transaction will be
subject to the approval of shareholders at a general meeting and, if
negotiations can be concluded, the Company will send a document to shareholders
explaining and seeking approval for the transaction and containing a notice of
general meeting.

Your Directors continue to investigate ways of increasing shareholder value.

Nicolas Greenstone
Chairman
26 June 2009



FURTHER ENQUIRIES

Microcap plc

Nicolas Greenstone 020 7247 9691
Rakesh Patel 020 8371 3071

John East & Partners Limited, a subsidiary of Merchant Securities Plc

Bidhi Bhoma 020 7628 2200




INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2008

Year ended 31 Year ended 31
December December

Note 2008 2007

GBP GBP

Administrative expenses (65,630) (90,363)

Operating loss (65,630) (90,363)

Impairment of investments (40,000) -

Interest receivable and similar income 2 1,264 3,931

Interest payable and similar charges 3 (40,000) -

Loss on ordinary activities before (144,366) (86,432)
taxation

Tax on loss on ordinary activities 4 - -

Loss for the year (144,366) (86,432)

Loss per share (pence)

- Basic 5 (0.13p) (0.08p)

- Diluted (0.13p) (0.08p)


The income statement has been prepared on the basis that all operations are
continuing operations.

STATEMENT OF RECOGNISED INCOME AND EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2008

Year ended 31 Year ended 31
December December

2008 2007

GBP GBP

Net loss on available for sale investments (27,731) (1,482)

Net loss recognised directly in equity (27,731) (1,482)

Loss for the period (144,366) (86,432)

Total recognised income and expense for the (172,097) (87,914)
financial period


STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2008

Share Share Retained Total
Capital Premium earnings

GBP GBP GBP GBP

At 1 January 2007 1,709,545 3,006,830 (4,511,401) 204,974

Issue of ordinary shares 20,000 - - 20,000

Loss for the year - - (86,432) (86,432)

Net loss on available for sale - - (1,482) (1,482)
investments

As at 31 December 2007 1,729,545 3,006,830 (4,599,315) 137,060

Issue of ordinary shares 60,000 - - 60,000

Loss for the year - - (144,366) (144,366)

Net loss on investments - - (27,731) (27,731)
transferred to equity

Transfer from share premium - (40,000) 40,000 -
account

As at 31 December 2008 1,789,545 2,966,830 (4,731,412) 24,963


BALANCE SHEET AS AT 31 DECEMBER 2008

Notes As at As at
31 December 31 December
2008 2007

GBP GBP
ASSETS

Non-current assets

Investments - available for sale 6 2,069 69,800

Current assets

Trade and other receivables 13,132 10,497

Cash and cash equivalents 8 19,534 85,338

32,666 95,835

LIABILITIES

Current liabilities

Trade and other payables 7 (9,772) (28,575)

Net Current Assets 22,894 67,260

NET ASSETS 24,963 137,060

SHAREHOLDERS' EQUITY

Called up share capital 1,789,545 1,729,545

Share premium account 2,966,830 3,006,830

Retained earnings (4,731,412) (4,599,315)

TOTAL EQUITY 24,963 137,060


CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2008

Notes Year ended 31 Year ended 31
December December

2008 2007

GBP'000 GBP'000

Cash flows from operating activities

Cash expended from operations (87,068) (94,634)

Net cash from operating activities (87,068) (94,634)

Cash flows from investing activities

Interest received 1,264 3,931

Interest paid - -

Net cash from investing activities 1,264 3,931

Cash flows from financing activities

Proceeds of share issue 20,000 -

Net cash from financing activities 20,000 -



(Decrease)/Increase in cash and cash (65,804) (90,703)
equivalents

Reconciliation of net cash flow to
movement in net funds

(Decrease)/Increase in cash and cash 8 (65,804) (90,703)
equivalents

Change in net funds (65,804) (90,703)

Net funds at start of period 85,338 176,041

Net funds at end of period 8 19,534 85,338


NOTES TO THE PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2008

1. BASIS OF PREPARATION

These financial statements have been prepared in accordance with International
Financial Reporting Standards, International Accounting Standards and
Interpretations (collectively IFRS) issued by the International Accounting
Standards Board (IASB) as adopted by European Union ("adopted IFRSs"), and are
in accordance with IFRS as issued by the IASB.

The financial information set out above does not constitute the Company's
statutory accounts for the years ended 31 December 2007 and 2008, but is
derived from those accounts. Statutory accounts for 2007 have been delivered to
the Registrar of Companies and those for 2008 will be delivered following the
Company's Annual General Meeting. The Auditors have reported on those accounts;
their reports were unqualified and did not contain statements under the
Companies Act 1985, sections 237(2) or (3).

2. INTEREST RECEIVABLE AND SIMILAR INCOME

2008 2007

GBP GBP

Bank Interest 1,264 3,931


3. INTEREST PAYABLE AND SIMILAR CHARGES
2008 2007

GBP GBP

Premium on redemption of loan notes 40,000 -


Pursuant to the loan stock instrument issued on 17 December 2007, the Company
issued loan notes amounting to GBP20,000, on 12 March 2008. These loan notes were
redeemed on 19 March 2008 giving rise to a premium on redemption of GBP40,000.

4. TAXATION

2008 2007

GBP'000 GBP'000

Current tax charge - -

Factors affecting the tax charge for the period

Loss on ordinary activities before taxation (144,366) (86,432)

Loss on ordinary activities before taxation (40,422) (25,930)
multiplied by standard rate of corporation tax
of 30.0% (2007 - 30.0%)

Effects of:

Non deductible expenses - -

Other tax adjustments 40,422 25,930

Current tax charge - -


As at 31 December 2008 a potential deferred tax asset of GBP433,062 (2007: GBP
414,686) existed due to unrelieved management expenses and interest of GBP
1,546,650 (2007: GBP1,481,020) at a rate of 28 per cent (2007: 28 per cent). No
deferred tax asset has been recognised due to the uncertainty over the
availability of future trading profits to offset against these losses..

5. LOSS PER SHARE

The calculation of the basic loss per share is based on the loss on ordinary
activities after taxation of GBP144,366 (2007: GBP86,432) and on the weighted
average number of shares of 113,773,879 (2007: 108,820,452) ordinary shares in
issue during the year.

There was no dilutive effect from the share options outstanding during the
year.

6. INVESTMENTS - AVAILABLE FOR SALE

Listed Unlisted 2008 2007
investment investment

GBP GBP GBP GBP

Fair value

At 1 January 29,800 40,000 69,800 71,282

Net loss transferred to equity (27,731) - (27,731) (1,482)

Impairment - (40,000) (40,000) -

At 31 December 2,069 - 2,069 69,800


7. TRADE AND OTHER PAYABLES

2008 2007

GBP GBP

Trade payables 2,679 17,486

Taxation and social security 666 -

Directors current account - 5,089

Accruals and deferred income 6,427 6,000

9,772 28,575


8. ANALYSIS OF NET FUNDS

1 January 2008 Cash flow Other non-cash 31 December
changes 2008

GBP GBP GBP GBP

Cash at bank and in 85,338 (65,804) - 19,534
hand

Net funds 85,338 (65,804) - 19,534


9. DIVIDEND

The Directors do not recommend the payment of a dividend.

10. RELATED PARTY TRANSACTIONS

Adler Shine LLP, a firm in which R Patel is a Member, invoiced the company GBP
5,000 (2007: GBP4,167) in respect of Directors remuneration for six months.

The above transaction was on a commercial arm's length basis.

11. COPIES OF THE REPORT & ACCOUNTS

Copies of the Report and Accounts have been posted to shareholders, are
available from the Company's registered office Thames House, Portsmouth Road,
Esher, Surrey KT10 9AD and are available from the Company's website
www.microcapequities.plc.uk.



END
Posted at 01/6/2009 08:05 by hena79
Further re: Share Price Movement (Microcap Equities)





TIDMMEQ

1 June 2009

Microcap Equities Plc

(the "Company")

Further re: Share Price Movement

Further to the announcement made on 12 May 2009, the Company announces that the
negotiations referred to in the announcement are ongoing. There is no guarantee
that these negotiations will result in a transaction involving an equity
investment being concluded. However, in the event that the parties involved in
these discussions make an equity investment into the Company it is likely that
this investment would be made at a significant discount to the current
middle-market share price of 0.26p per share, being the price at close of
business on 29 May 2009. A further announcement will be made in due course.

For enquiries:

Microcap Equities Plc 020 7247 9691

Nicolas Greenstone 020 8371 3071

Rakesh Patel

John East & Partners Limited, a subsidiary of Merchant 020 7628 2200
Securities PLC

Bidhi Bhoma



END
Posted at 01/6/2009 08:04 by cyberpost
Further re: Share Price Movement (Microcap Equities)

TIDMMEQ

1 June 2009

Microcap Equities Plc

(the "Company")

Further re: Share Price Movement

Further to the announcement made on 12 May 2009, the Company announces that the negotiations referred to in the announcement are ongoing. There is no guarantee that these negotiations will result in a transaction involving an equity
investment being concluded. However, in the event that the parties involved in
these discussions make an equity investment into the Company it is likely that
this investment would be made at a significant discount to the current
middle-market share price of 0.26p per share, being the price at close of
business on 29 May 2009. A further announcement will be made in due course.
Microcap Equities share price data is direct from the London Stock Exchange