Plethora Solutions Share Discussion Threads

[em_tesla_] 24/2/2016 12:38

I have a small number of PLE shares held with Barclays. Anybody else holding these with Barclays ?

Not heard anything from them. Any potential issues to be aware of with them ?

[brandy5911] 24/2/2016 11:36

Yea we no mate

[noirua] 24/2/2016 11:18

Trading 10.796 Hong Kong Dollars to UK£1, as at posting. Sterling is plunging against the HK$.

Under the terms of the Merger, holders will be issued with 15.7076 new Regent Pacific shares in exchange for each Plethora Solutions share held.

Regent Pacific trading HK$0.07 - 0.08 at last closing spread.

[zangdook] 24/2/2016 10:42

Lots of information here. If you're planning to hold onto RP or get further into HK stocks this is an excellent site

[noirua] 24/2/2016 09:58

Historical Prices -

[lagosboy] 24/2/2016 09:15

Contact TD - they are aware of timing situation and are trying to turnaround quickly.

[billyrayvalentine] 24/2/2016 08:42

...iii doesn't trade on HK stock exchange, so they only offer sending certificates upon swap completion. Don't know, if it is enough time to make a transfer over to TD, anybody has any idea, tia?

[noirua] 23/2/2016 21:58

Merger Effective date: 9th March 2016 Terms: 15.7076 new Regent Pacific shares in exchange for each Plethora Solutions share held Pay date: 9th March 2016 Plethora Solutions has announced a Merger with Regent Pacific, effective from 9th March 2016.

Under the terms of the Merger, holders will be issued with 15.7076 new Regent Pacific shares in exchange for each Plethora Solutions share held.

The Merger is subject to approval at meetings to be held 2nd March 2016. Should the Merger go ahead, accounts are expected to be updated on 9th March 2016.

[lagosboy] 23/2/2016 18:05

Try TD Direct - thay are aware of the situation and will do all they can to make the transfer from your current broker as quickly as possible.

[brandy5911] 23/2/2016 18:03

Hang on for a bit - what's wrong with you lot - hold for another 12 moths at least You lot and your measly 10% profit - oh well some holiday in Spain and some Dubai Lol

[isanboi] 23/2/2016 17:04

Who are u guys transferring to hold your HK shares?

[tsmith2] 23/2/2016 13:00

Meaty buys

[lagosboy] 23/2/2016 12:39

Some will but others will surely hang on to a bit nearer the time to see if their Ple shares rise ?

[tsmith2] 23/2/2016 11:37

Those who prob wanted to sell because of a HK listing have by now prob sold out..

[knicol46] 23/2/2016 10:02

SP up 8.8% support gaining

[knicol46] 22/2/2016 11:40

SP up 8%. from scheme document..

The increase in the pro forma net assets of the Enlarged Group is mainly due to the fact that at the acquisition date there will be a recognition of the fair value of the PSD502 patent (intangible asset) net of deferred taxation of US$171.9 million.
Based on the Closing Price of HK$0.069 of a Share on 29 January 2016 and 14,047,113,239 Consideration Shares being issued in connection with the Transaction, the Enlarged Group would have an assumed combined market capitalisation of approximately HK$1,209.77 million. On the basis of the Closing Price of a Share of HK$0.069 on 29 January 2016, the Transaction represents an indicative value for each Plethora Share of 9.81 pence, values the entire issued ordinary share capital of Plethora at approximately £80.8 million and values the fully diluted share capital of Plethora at approximately £97.5 million.
As of 22 February 2016 the current share price of PLE is 3p – giving a market value of £24m
As of 22 February 2016 the current share price of RP is HK$0.073 * 15.7076 = HK$1.14 = 10.36p PLE equivalent value

[zangdook] 22/2/2016 09:19

I see HL have now set up a place where you can send voting instructions on their Corporate Actions page:



Their deadline is 26 Feb.

[trinitygooner] 19/2/2016 15:36

Stop going down!

[lagosboy] 19/2/2016 12:50

That did cross my mind - unless they have consented to being contacted via some form of waiver or disclaimer.

Or more closer votes the entire process could get very ugly.

[zangdook] 19/2/2016 12:20

Do the people receiving phone calls hold certificates? If not it suggests the nominees are handing out personal details...I hope not.

[lagosboy] 19/2/2016 10:48

Noirua, absolutely right, most odd, like they don't want the business - you might want to try TD Direct Investing - they cover all international markets, execution is excellent form my experince and I undertsand they are familiar with Ple situation and are doing utmost to facilitate account transfers within a a few days. Seems they may have seen the business opportunity.

[noirua] 19/2/2016 10:32

It is surprising Hargreaves Lansdowne have not yet got into the International investment world yet, as far as holding shares in Hong Kong is concerned. The Vantage Platform is clearly not first rate, as far as investing on line in Asian shares is concerned - a great shame as Hong Kong is an increasingly important market as Chinese companies move in and create subsidiary holding companies there.

Had a phone call, like many, that was just finding out if I'd voted as yet.

[lagosboy] 19/2/2016 10:32

cyberhub - yes you are correct, it is even a little better than that, in that Ple has been subject to an indepnedent professional valuation which came in at 15.75 p.

The vehicle taking over Ple does have cash and asets of circa £10 m .

To counter catscats who says ''we all know that the RP share price will come down by 1/2 when the offer goes through''

If that were indeed well known to all why arn't RP shareholders selling in their droves?

Gain of 25%- hardly worth the hassle - obviously somebody that is used to outperforming all the benchmarkes by some margin.

Plenty of time for Ple to rise back to 6p + patience