Paq Intl Share Discussion Threads

[buystock] 18/3/2010 08:28

morning induna any volume and we are blue

[induna123] 18/3/2010 08:27

Looking for a good day here today. PAQ, way oversold at present.

[buystock] 17/3/2010 15:04

guys can now sell high volume.try buying

[buystock] 17/3/2010 14:17

mp they have virtually no stock they do not want buyers hence the off putting spread that will close rapidly with any buys

[buystock] 17/3/2010 09:57

mp they do not want buyers because they are short this is way oversold and undervalued.they opened the spread almost immediatly am.when this goe,s blue later watch the rush.

[monkey puzzle] 17/3/2010 09:56

Buystock,

Bid 0.43p but the Ask is up at 0.60p for just 5k shares....is it just MMs being greedy or not wanting to trade due to lack of available shares? Any ideas on the holdings and stock availability figures?

[buystock] 17/3/2010 09:49

mp but for the write down from the interims they would have made £350-400 gbp profit they have cash and £1.25 mill loan unused.THIS IS A NO BRAINER.550K MKT CAP.when this moves blue 2 days in a row pi,s will maybe take note.

[monkey puzzle] 17/3/2010 09:44

Buystock,

Are you related to Johnjack by any chance?

[buystock] 17/3/2010 09:40

i see it mp.this will fly when 9.5m/hk/acquisition is anounced.3p+tgt.

[monkey puzzle] 17/3/2010 09:28

Added 250k today but at a premium price of 0.55p

[monkey puzzle] 17/3/2010 08:47

Rel,

Lol. Are you stalking me?

[buystock] 17/3/2010 08:35

NO HE BOUGHT 2 tranches yesterday totaling 394k i believe.next buy it will go blue

[relishing] 17/3/2010 08:34

Has MP sold this already?

[induna123] 17/3/2010 08:33

Happy to hold, this has been oversold, company is not going bust. They have a credit facility of HK$10.5m.

[buystock] 17/3/2010 08:24

exactley induna get the feeling they dont want buyers dropped it right away they dont want a run on this.

[induna123] 17/3/2010 07:37

The Board believes that the joint venture and licensing strategies referred to
above have the potential to generate significant publicity, brand recognition
and revenue in the lead up to the World Cup in South Africa in 2010.


All this for a company with a £600k market cap.

The Group is continuing its efforts to recover
HK$9.6m bad debt that was reported in our year ended 31 December 2008.


HK$9.6m = £800k more than the current market cap.

[buystock] 17/3/2010 04:13

LITIGATION FROM JUNE 2009.WHEN PAYMENT COMES 3P+.As is to be seen above, provision has been made for bad debts HK$9.6 million.
Due to certain litigation brought by a former manufacturer for the Company
against one of the Company's major customers that customer and certain other
customers who were aware of the litigation determined not to pay licence fees
due to the Company until the litigation was settled. The litigation was lost by
the manufacturer a few months ago and the Company has received assurances that
the debts will now be paid. While the Company was satisfied what the outcome
would be it was deemed prudent to make provision for these debts. They comprise
about 90% of the total for which provision has been made.That litigation was recently lost by the Claimant and our customer has
recommenced carrying on business with us.FROM SEPT INTERIMS Finally, The Group is continuing its efforts to recover
HK$9.6m bad debt that was reported in our year ended 31 December 2008.The Group has internal budgeting systems in place to ensure that if and when
cash is committed to fund major expenditures there is sufficient cash flow to
maintain the Group's daily operations and meet all of its contractual
obligations. The Group currently has no other material external debt financing in place. If
and when the Group decides to raise any finance in the future, it expects to be
able to utilise a variety of options, including debt financing and access to the
capital markets, where necessary and available. The Board is now prioritizing the strategy of licensing and joint venture
arrangements and we are looking to enhance the PAQ brand by leveraging on our
historical manufacturing strengths in cases and bags for electronics products
and accessories. We will continue to develop our expertise in producing high
quality, reliable and innovative products. The Group will also strengthen its
design and development capabilities to further raise its brand profile to
distinguish itself from other product suppliers.


The Board believes that the joint venture and licensing strategies referred to
above have the potential to generate significant publicity, brand recognition
and revenue in the lead up to the World Cup in South Africa in 2010.14 January 2010


PAQ International Holdings Limited (the 'Company')


Update


The Board of PAQ International Holdings refers to recent suggestions regarding
an alleged contract win. The Board wishes it to be known that it has not won or
entered into any contract. However, certain discussions are taking place that
may or may not lead to the company or a member of the Group entering into a
commercial transaction. A further announcement will be made if and when
appropriate."VERY OLD SNIPPET BUT SIGNIFICANCE IS WORLD CUP RUN-UP HAS BEGUN.PAQ International Holdings was also floating on Aim after placing 16.67m shares at 6p. Total shares in issue are about 120.5m and the placing values PAQ at £7.2m. The shares opened at 7p and touched 8¼p.

[buystock] 16/3/2010 16:29

and no posts on iii so no ramp,s.great stuff