Pnc Telecom (see LSE:TRIC) Share Discussion Threads

[lyndus] 04/6/2009 18:14

What rumour?

[inside2] 04/6/2009 17:09

Dusseldorf - 4 Jun'09 - 14:42 - 782 of 782 (Filtered)

[dusseldorf] 04/6/2009 13:42

Barge pole, not touch it with yours etc.. etc.. the absolute maximum this could be worth is 0.3p - 0.4 even with cash rebate. Classic pump based on rumour, dump and / or suspension looms

[double6] 04/6/2009 13:34

Note that there were trades at 9:45 and 9:59 (149777 and 195820) which have subsequently been sold at a profit (13:04 and 14:08).

Looks like either one or both of them were iNside2s trades ??

[lyndus] 04/6/2009 13:09

Had totally written these off.Can't remember how many I hold.
What a pleasant suprise.Might make some money yet.

[william-just] 04/6/2009 12:14

DARKER FORCES AT WORK WITH THIS ONE!

[safman] 04/6/2009 11:57

on what basis, there is nothing here, and if they get a VAT return, 1.5 mill max, that would equate to a price below 0.3p and that includes whatever current business they have. , you have to ask.. are you sure?..

saffy..

[mistryman] 04/6/2009 11:53

Yes, and it will possibly go higher after the pull back.

[safman] 04/6/2009 11:51

mistryman - 4 Jun'09 - 12:49 - 774 of 774


Yes, at arround 1.35p.


so you value the company at 10 mill.?

saffy..

[mistryman] 04/6/2009 11:49

Yes, at arround 1.35p.

[double6] 04/6/2009 11:46

Is it a CERTAINTY ??

Is PTC's nature exactly the same as the one in the article ??

Someone just gambled £5,000 on this - bless them - they could have got them for around £1,500 earlier in the day.

Be careful - my guess is we'll see share price plummett in due course.

[inside2] 04/6/2009 11:40

This company has been prevented from trading by HMRC, as have around 600 other companies. They were all caught up in a process called Extended Verification which stopped the VAT refund and effectively prevented the company from trading. This process was set up HMRC to catch rogue traders who operate a Carousel ie claiming VAT refunds on non-existing goods or the same goods going round and round.
A recent Tribunal ruling made it a certainty that PNC Telecom plc would win the day against HMRC, see previous post.
The refund is worth around £1.5million and loss of business something like double that.

[safman] 04/6/2009 11:38

wait for it to delist / suspend whatever. 0.1p always rings a bell with knifton companies. i wonder why..

saffy..

[double6] 04/6/2009 11:36

He's tried to spell mystery twice now:

mistryman

mystry

Hmm - I guess it's no mystery whom the serial ramper is !!?!

(Another telecom: PINN shows much more value now at this mad price!)

[mistryman] 04/6/2009 11:33

This is a secret. One day I will write a book. Until then it will remain a mystry.

[mistryman] 04/6/2009 11:33

This is a secret. One day I will write a book. Until then it will remain a mystry.

[safman] 04/6/2009 11:33

mistryman - 4 Jun'09 - 12:24 - 764 of 765


According to my calculation this will go as high as arround 1.35p then pull back.

663mill shares in issue. mkt cap @ 1.35 would be around 10mill. coupled with the fact it is a leo knifton company.

[double6] 04/6/2009 11:32

The clue is in the MistryMan.

MM.

Game with them.

Pump and Dump.

[chasbos] 04/6/2009 11:26

Could you share your calculation with us please?

[mistryman] 04/6/2009 11:24

According to my calculation this will go as high as arround 1.35p then pull back.

[tradermania] 04/6/2009 11:02

guys, is this company actually trading and making money or are they just doing little hoping the VAT or whatever claim it is will come through. How much is it?

[thecluelessone] 04/6/2009 10:19

double6 - 4 Jun'09 - 10:15 - 760 of 761


Should have sold these in last 15 minutes - will plummett
----------------------

Bet ya glad you didnt.....

[inside2] 04/6/2009 09:47

If you use the VAT refund as a basis for a valuation then 1.5p is on the cards. I feel that it just has to be news of the Tribunal date that is driving this and because PNC Telecom are squeaky clean a positive outcome is a foregone conclusion. Now if the loss of income suffered by PNC Telecom plc forms part of the settlement with HMRC I would suggest 2p plus. as fair value.

[double6] 04/6/2009 09:15

Should have sold these in last 15 minutes - will plummett