Plethora Solutions Share Discussion Threads

[zangdook] 05/11/2015 16:10

that so many ppl misunderstand imo the offer is imho worrying

I shouldn't worry, I doubt they hold many shares.

[smithie6] 05/11/2015 16:07

Gotabsirius

With respect I think that you and many others misunderstand the offer. Explanation from my viewpoint, is quite clear imo in my posts today.


( arbitrage between uk PLE price and Regent share price ..profit via differences in price....disagree...imo no one will be doing that..)

Ppl can repeat "12p" "13p" as much as they want.....but it doesnt change the actual offer......shares only ...NO CASH.

It is a merger....all in shares...imho

( that so many ppl misunderstand imo the offer is imho worrying)

..my viewpoint....all in my posts...I cant add any more without simply repeating.

[zangdook] 05/11/2015 15:24

AL and Zandook please short away if you must

Another moron...

[trend surfer] 05/11/2015 15:22

AL H, the problems that have caused the share price slide are the canister (as you have already mentioned) and the dwindling funds or cash burn as the pro's call it. So RP's extra funding will underwrite those problems and add cash for further marketing developments right?

[al h] 05/11/2015 15:18

You're deluded if you think MMs don't have the last say in share pricing, especially where technical market deals are concerned.

[cashmachine2] 05/11/2015 15:17

Zang.Stop twisting the truth.He owns 19.06% of PLE (156,958,771) and 15.6% of RP (543,807,315) so has can he be much "heavier" on PLE.£67.9m of RP vs £19.6m in PLEYou Thick idiot.zangdook - 05 Nov 2015 - 14:58 - 9146 of 9153 - 0the fact remains Mellon is willing to pay that valuationCorrection. Mellon is willing to be paid that valuation. Compare the value of his holding in Regent Pacific and that of his holding in Plethora (at 12.5p or whatever you like). He's on both ends of the deal but much heavier on the PLE end.

[mhin2] 05/11/2015 15:13

why would RP shareholders not buy PLE....would give them many more shares...

[tradesense] 05/11/2015 15:09

Cube boss Based on last time a Chinese analyst report came out on RP the shares went to .25 . at that time the write up was bigging up 10% share of The product . now they would have 100% .

[cube boss] 05/11/2015 15:06

Al H, what you don't grasp is, the MM won't have any say in the share price if the deal goes through! and another thing is, if the Chinese cotton on to what Regent Pacific are about to get hold of, then RP shares are going to keep going up! that means PLE shares are going to be worth far more than 12.5p by Dec 2nd! wake up guys!...;-)

[mhin2] 05/11/2015 15:05

I like hk listing, hopefully get major backing from the most populous nation on this planet, also hopefully more regulation over the shenigans allowed in London, and aim market in particular...the quicker the better

[cashmachine2] 05/11/2015 15:03

Al.One of the main issues raised was the amount of money it was going to take to fully commercialise PRem ejac product and hence the emphasis on the £1m PLE and the £9m RP. Clearly they have an excellent idea of revenue stream for the European rollout and once with NDA in the US and approval in Asia JM knows funding through to commercialisation won't then be an issue. Many stocks are weighted down because of funding concerns - remove that risk and concern and value will out. Hence the multiples.It's been missed that both Boards believe it gives an uplift to those involved in the 9p fund raise last year - that's why I believe once the penny drops the PLE shares will be at a prem to that funding. That is what I believe will happen here. Patience pays...

[liquid millionaire] 05/11/2015 15:03

Shorts especially at these share price levels will imho be very badly burnt!

[tradesense] 05/11/2015 15:01

AL and Zandook please short away if you must , I am pretty relaxed . AL last night's trading in RP was key for me .

[al h] 05/11/2015 14:59

HK also uses MMs:

[zangdook] 05/11/2015 14:58

the fact remains Mellon is willing to pay that valuation

Correction. Mellon is willing to be paid that valuation. Compare the value of his holding in Regent Pacific and that of his holding in Plethora (at 12.5p or whatever you like). He's on both ends of the deal but much heavier on the PLE end.

[tradesense] 05/11/2015 14:56

MMs can control aim PLE but not RP in Hong Kong and that one is key . as long as Hong Kong likes RP deal then come December PLE holders will be fine

[al h] 05/11/2015 14:55

Mellon doesn't control the SP, MMs do.

[tradesense] 05/11/2015 14:53

But the reality is that Jim Mellon is offering PLE shareholders 15.706 shares in RP for 1 PLE share . as of now that is 13p per PLE share . so if takeover goes ahead on December 2nd . ahead of that we see the discount narrowing . You can all argue wether it is worth it or not the fact remains Mellon is willing to pay that valuation .

[al h] 05/11/2015 14:50

The RNS is stating that PLE's MC would effectively quadruple as a consequence of this deal. Where is the financial justification for this huge increase given that the problems that saw the MC slide back to 25 million are seemingly still unresolved ?

[mrenglish] 05/11/2015 14:31

Wished i had not jumped out on Wednesday Now

[cube boss] 05/11/2015 14:26

you can like it you can not like it, the choice is yours! if the deal at 12.5p goes ahead, then you can either sell your shares or get 15.7 RP shares for every PLE share you hold! it's that simple! we shall all know "by" the 2nd Dec or before! the deal will go through so stop all the worry! if you hold onto your shares, you will sell for 12.5 or hold for 15.7/1. RP will still launch the product across the Globe under RP or PLE, and the Share price of PLE or RP will rocket! hold or sell, but not for less than half of what you will get in less than a month!...;-) ;0)

[bookemlockem] 05/11/2015 14:10

and it keeps falling

[gotabsirius] 05/11/2015 14:10

Smithie - Ok cheers and I appreciate that but as the deal approaches, large multi national investors will buy any discrepancy in the price as they will be able to trade this in HK.

The longer time goes on more likely the gap will close and private investors in the UK should have plenty of time to sell after deal is officially made and before the company is delisted. imho we should get 10-12p minimum before delisting. This is, of course, if you think the deal will go ahead which is where some doubt may lye and one reason why the price is still at a discount to the offer.

[smithie6] 05/11/2015 14:00

1)..gotabsirius
...my scenario did not say that Regent shareholders would have sold on the news....nor imo infer it

2) share prices up or down due to a take over offer made using new shares....

can do anything at any time......different ppl will often read in different way imo..especially for the Plethora- Regent situation/offer

..some may hold or buy more while some may sell (such as not wanting shares listed in Asia)..

3) 2 contd. complicated...various aspects.....I wont type the numerous pros and cons....partly since I have no position ....and I wont be taking any...

but !!

4) I could add some points !!

4a) I would guess that Jimbo holds options ( he imho is a star at making sure he holds lots of options or warrants or conv. loan notes in cos. where he is significant player...Too much so imho)

I assume that he will be able to exercise all his options, warrants and other widgets if this deal happens. Looks like around 20% of Plethora is options ??
Jimbo might be on a nice little handsake...(but one could argue that if he provides a good deal for Plethora that only fair he gets something out of it....others may argue that dirs. are there to do that anyway and shouldnt get any extras for doing a deal...)

4b) Jim has more fingers in more pies than you can imagine...

4c) If ...if...REgent is going to provide the cash that Plethora appe4f) ars to need....then surely a good deal for Plethora.....assuming no better ways to get the cash....(new share issue, new loan, new conv loan....etc)


4d) One assumes that Regent thinks it is buying at an attractive price.....unless for one of other reasons posted !...so...is that good for PLE shareholders.....is it the best offer available ??
.....have the dirs. of PLE (Regent dirs it appears...??) kept the mkt up to date with any good news.....to drag down the PLE share price ??

4e) blah blah !!

4f) I have no position.
Held previously but finally sold at 6p as kept on falling, perhaps 2p or so loss per share, cant recall. Not a fan of Jim Mellon's corporate governance (imho excessive options etc...ref. Charlemagne/ECDC is on my blacklist on website and Jim )....since lost on PLE before, I have no temptation to get back in...especially since going to be listed in distant Hong Kong (will UK investors be treated well by a co. listed on other side of globe ? on exotic market)


Good luck to holders....I will try to leave you in peace now and not post any more.

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