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Share Name Share Symbol Market Type Share ISIN Share Description
Octagonal Plc LSE:OCT London Ordinary Share GB00BWWCHQ23 ORD 0.05P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 1.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 5.8 0.6 0.1 16.7 6

Octagonal Share Discussion Threads

Showing 6851 to 6870 of 7100 messages
Chat Pages: 284  283  282  281  280  279  278  277  276  275  274  273  Older
DateSubjectAuthorDiscuss
22/12/2020
15:11
Maybe I'm being too optimistic but the reasons for delisting are not unreasonable. Being listed on AIM doesn't offer investors much protection from being fleeced by dodgy management in any case. The company cannot currently buy back shares so would need approval for this before setting out a tender offer. The timetable is a bit short notice and could have been communicated better. If the dividends continue I'm happy to hold the unlisted shares. JG could dilute out minority shareholders by issuing new shares but he could do that as a listed company anyway. He'd have to pay far more tax if he chose to hike his salary vs increasing dividends. I would be annoyed if I held the shares in an ISA though as they would need to be sold.
wetpantz
22/12/2020
14:17
I must have missed the bit where Gunn said he would offer 2-3p for stock he does not hold ! Are you one of his staff Wet ?
dave4545
22/12/2020
13:41
The share price has gone no where for years despite paying a decent dividend. There's little liquidity in the shares and the spread is always huge. The company doesn't need to raise capital and ownership is already concentrated. If JG makes a fair offer to buy out those who don't want to hold delisted shares, I dunno what the fuss is about.
wetpantz
22/12/2020
13:33
It'll come back to haunt him, as he'll have little credibility in City & Institutions won't support him on any new fund raising for his tin-pot AIM stocks. He's just used Oct as his own private Pension fund.
bobby.ifa
22/12/2020
11:05
dave4545 He has also very quickly taken down from the Octagonal website the video interview where he extolled the virtues of being invested in OCT Do wish I had captured that transcript!!! Nothing more than a Modern Day Outlaw
29palms
22/12/2020
10:55
29p We should be able to sue Gunn for writing those words ! I for one believed that statement and was one of the main reasons I ignored the fact he held so much stock thinking he sounded genuine about delivering us a return.
dave4545
22/12/2020
10:49
If anyone thinks that they're going to get juicy dividends to their retirement once the company is delisted, think again. There are so many ways to reduce profits. AIM allows crooks to work without any real teeth being available to monitor them. Outside AIM you are totally reliant on the BOD's.
yump
22/12/2020
10:45
From the Octagonal Annual Report and Financial Statements - 31 March 2019 published on 24th September 2019 Chairman, John William Gunn stated - "the board remain very optimistic that the work to date will translate into rewarding value for all shareholders" "I would like to thank... the entire team in the Group..in delivering these results and strengthening the business to deliver greater returns for shareholders in the year ahead" Fast forward to 17th December 2020 PROPOSED CANCELLATION TO TRADING ON AIM A Leopard Never Changes its Spots. Gunn by name....Gun by nature. IMO nothing more than a Modern Day Outlaw.
29palms
22/12/2020
08:47
People are still chasing it. Now 1.025-1.325p So almost 3 times higher than the lows some people panic sold at last week (0.375p)
dave4545
21/12/2020
20:37
How's ur unrealised capital loss looking though pal? Take many years of divs to recoup that! They are all crooks. Off to gallows ......
darrindusty
21/12/2020
19:20
Delisting doesn't bother me. Checked with my SIPP provider and the unlisted shares can still be held within a SIPP (unlike ISAs). Presumably JG will still want dividends so that means 10% yield (twice covered) at current share price Current enterprise value is less than the cash on the balance sheet. The business seems solid with exciting prospects in HK. Obviously not good for short term speculators but so what. JG is right, continued AIM listing is an expensive and pointless distraction from growing the business and making money for shareholders.
wetpantz
21/12/2020
15:43
Not slagging off Wey just do not think it's cheap with the valuation v small profits but at least they are not delisting so yep ! 0.86-1.18p now Buyers need a huge rise to make a profit but it's not putting them off, perhaps Gunn will do the right thing and offer a reasonable price for stock he does not have which will not go down well for all us that sold this low in the market now Still holding but a fraction of what I had.
dave4545
21/12/2020
12:31
Feel sorry for you dave4545, maybe not your wisest decision to come onto WEY board slagging it off and saying how much better OCT was. Hindsight is a wonderful thing and hate anyone losing money to shysters.
wigancasino
21/12/2020
11:27
@Fest Have a look a these: hTTps://youtu.be/ArTz0yTL5C0 hTTps://youtu.be/XaXYW2wLd3M hTTps://youtu.be/HNsc5KrnNW4 hTTps://youtu.be/XXDgoJZnU7g Basically a big fat, arrogant, aggressive, over opinionated bloke (as you are) sat in his room 'stuffing his face' with high fat, calorific filth (which we all know you relish) and making money from it. hTTps://www.kingianmoore.co.uk/ hTTps://www.cameo.com/ianmoore34 Perfect for you Fest, PERFECT .. come on show this fat fraud how it's done.
jasper tinck
21/12/2020
08:42
John carnt and the nomad are all bandits. Storm this agm and call them what they are
darrindusty
20/12/2020
20:08
I see UCG also decided to delist but had the decency to offer a premium for all shareholders to exit for.
dave4545
20/12/2020
13:39
price could double monday on this latest lockdown
johncasey
20/12/2020
12:12
Thats true, they cant legally do it!
soleman1
19/12/2020
20:03
Take what you can and move on would be my advice. Management here are not to be trusted. It's been clear for a couple of years. Its not surprising that they couldn't get their bond operation away, particularly given the London & Finance scandal. There's no way you would trust them with your money. Let's face it, they can't even prepare straightforward accounts properly, struggle to file documents at Companies House and the FD is better known for an alleged expenses scandal at his previous employer than anything positive. Conveniently the company treasurer and accounts are looked after by the CEO's wife. It reminds me of Capital Ideas, if anyone remembers that outrageous bunch of fraudsters! The jury is still out in my view. My guess is that things are not quite what they might seem but I would like to be proven wrong.
topvest
19/12/2020
19:49
John Gunn recently won a vote on INSP, as someone was trying to get on the board there to find out what he was up to. He already knows he is going to win this battle so pointless fighting it. Best to move on and try and forget it otherwise it will eat away at you. The guy knows the system and has stole money from private investors and will get away with it.
grahamwales
Chat Pages: 284  283  282  281  280  279  278  277  276  275  274  273  Older
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