Noventa Share Discussion Threads

[john6185] 02/4/2013 07:34

Nick confirmed there is resale value in a Shell plc on AIM. Then the wise man sage mentioned "tax", then slowly the brain cells kicked in ....kerchiing

Question 1: What has Noventa been very successful at in recent years?
Answer 1: making a big losses - $10m(2010), -$54m (2011) , 2012 ?? got to be another -$50m+



Question 2: What value is there in making a loss?
Answer 2: If someone who made a $50m+ operating profit in the last year ALONE, bought Noventa through a reverse takeover then the magic equation for success is ..... drum roll please ....

Tax Liability for 2012 = $50m (profit) - $54m (loss) = -$4m ... Value .= priceless??

Guaranteed!!!

Ladies and Gentlemen ... as Maximus Decimus Meridius famously once said " Hold the line! Stay with me! "

[bobsidian] 02/4/2013 05:37

An interesting theory on just what may have transpired.

If this is indeed the sequence of events then this may be a good example of just how rigged equity markets have become particularly in the lower reaches where extreme financial uncertainty impacts decision making.

Will anyone investigate any of the issues you have highlighted ? Doubtful. Cost relative to benefit. Caveat emptor.

Far from being the only instance of suspicious share value destruction.

[coolen] 28/3/2013 10:26

I am surprised there has been no comment/reaction to the purchase of 38m shares by one of Henderson Global's hedge funds at 1.25p.

Or am I missing something ?

[b1llyboy] 28/3/2013 08:53

Come on 1p,i'm desperate.

[grannyboy] 27/3/2013 16:03

All its telling me is: someones got more money then sense..

[tivoliworldgaming] 27/3/2013 15:22

Looks like the long term is now secure for us loyal Noventa shareholders.
As all this buying is telling me this :)

[mubz] 27/3/2013 13:09

there goes another 1 million buy again today and this time its x2

[tivoliworldgaming] 26/3/2013 13:32

Companys like Noventa are so risky they are only worth 200 pound punts for a long term view in hope of a 5+ bagger.

I am surprised anyone would put 6 grand in this when there is chance of suspension anyday as Noventa may think they are better off saving on the listing fees.

[coolen] 26/3/2013 13:25

1m =£6,000 ?

[tivoliworldgaming] 26/3/2013 11:22

1m buy so looks like someone is in the know about the next move.

[tivoliworldgaming] 25/3/2013 16:35

Price is now almost at its lowest ever level. Intraday I seen 0.5p to buy so I imagine it get to that level before any bounce can happen.

[b1llyboy] 22/3/2013 21:40

Jo............So what are you saying?

They'll keep the cleaner and the cleaning cupboard,thought as much.
This is going to some caretakng stint.
Bring your own tumbleweed.

:]

[jojo_jo] 22/3/2013 13:22

dona...
3 directors have gone (probably to run HAMCM for Richmond). There are still at least 3 left, I understand, and they only need one to get it done. In fact the less the better - they don't need to burn cash, just run it on a shoestring until a strategic investment signals the inevitable forthcoming RTO.

I imagine one or two will be glad to oversee it. The rewards for them during a strategic investment and afterwards following an RTO are potentially enormous. They should be queuing up to oversee such. I would be! Money for nothing.

IMPO/DYOR/NAI
Jo

[b1llyboy] 21/3/2013 19:10

At least we don't have to worry about the weather,radioactivity,shipping,lazy locals,power failures,plant failures....Yep nice little clean cash shell,no worry there just sit back and watch her fly on the whiff of a deal..loving this already.

I'm 35% down,may get a few more soon...........King glad they got shot of that what was it, a mine ,oh yeah.

:] ffs.

[donaferentes] 21/3/2013 18:38

Since they have fired all the directors who will organise this famed RTO?

[jojo_jo] 21/3/2013 17:27

Yes rocket fuel, like your ilk said about NEOS before it jumped 500% the other week! LOL!

You can't really lose much on a 'shell'. The listing alone, in the mining sector, is worth £1m. They also have some cash (AFTER paying HAMCM commitments) and access to quite a bit more via the existing Darwin EFF. They may also have quite a bit in brought forward tax losses?

So they are a (now) clean shell in an in-demand sector, with some cash and an arrangement for additional funds as required.

I can see a queue forming to jump in here.

IMPO/DYOR/NAI
Jo

PS. I am down about 40% as it stands, but a nice RTO here could recoup that 10 fold. Just have to be patient - it could take a month or two for that, although it could rocket on a 'strategic' investment (as with Teeling at NEOS, or McKeon at ZOL, or Lee at Plutus.

[sirigold] 21/3/2013 16:31

oh yeah rocket fuel... we may need to borrow some, for take off............................... ;)

[rocket fuel] 21/3/2013 08:53

same old suckers on every mug punter share that's just about to fold.