Reflec Share Discussion Threads

[philmac56] 03/6/2015 16:17

Four (4) shares now been bought for £300, as per website 3/6/15.

[philmac56] 03/6/2015 08:07

Well by my reckoning those shares under offer had better move from the top to the bottom today (as bought) by end of close today, if the new owners would like to benefit from the £27.36 divi payable on the 19th June.

It could be last day for Record date ( in my books) for listed companies!!!

[philmac56] 01/6/2015 14:24

Well somebody is snapping up all sub £300 shares. Now somebody want 10 shares for £300 each.

Looking better

[philmac56] 29/5/2015 10:41

Philmeboots
The record date is shown as Friday 5th.
For listed Co's the record date then usually applies on the Wednesday before, I.e 3rd June.

As we are not listed I wonder if the same applies here????

[philmiboots] 28/5/2015 18:25

2014/15 Final Dividend and Extraordinary Dividend Announcement

Reflec PLC announce payment of the final dividend for the year ending 28 February 2015 together with the extraordinary dividend

Dear Shareholder,

We are pleased to inform you that following the approval of Resolutions 5 and 6 at the Annual General Meeting held on 22 May 2015, Reflec PLC will be making a final dividend payment, for the financial year ending 28 February 2015, of £7.36 per Ordinary Share of £50.00 and an extraordinary dividend payment of £20.00 per Ordinary Share of £50.00.

The Record Date will be the 5 June 2015.

Payment of both dividends will be made as 1 payment of £27.36 per Ordinary Share of £50.00.

Cheque payments will be posted to holders of Reflec Ordinary Share £50.00 around the 18 June 2015. For those shareholders whose preference was to receive their payment by direct bank transfer, these payments will be in bank accounts on 19 June 2015.

Payments will also be made to qualifying Nominee Account Providers and it will be their responsibility to distribute corresponding dividend payments to their clients as appropriate.

May your board take this opportunity to thank you for your continued support.

Reflec PLC

Tim Robinson, Chairman

Paul Holdcroft, CEO

Martin Cope, Finance Director/Company Secretary

John Kinder, Non-Executive Director

26 May 2015

[philmac56] 26/5/2015 17:16

Another 3 batches under offer as from 1.54 pm today, 4 shares at £260 & 1 at £210

get them in before the record date

[upthepool] 26/5/2015 16:16

phil;

All the shareholders that voted are happy, hence my mentioning abstaining (or not bothering to vote at all)..

If you don't vote, you can't whine. Should be very quiet on here in future then.

[philmac56] 26/5/2015 16:05

Up the pool

I bet those results are a first with 0% against on each resolution.

So ALL the shareholders must think the BOD & Company are preforming very, very, very well indeed, with no dis-satisfaction shown whatsoever.

So why do they whine on here then, possibly they are not shareholders any longer!!!!

IMO they can offer a Special divi every year if the BOD so wish!!! I will accept it

[upthepool] 26/5/2015 14:14

Phil;

Did you notice also on the website that there were zero votes against any of the resolutions at the agm.

How very strange.

I wondered if picturehappy and the new user name whiners (could be the name of a country band) would care to comment further up the thread on what they thought about more money being spent by REF on solicitors fees in 2014 than where the AGM was held. Tumbleweed .......

Surely they would like to explain why they didn't vote against the resolutions. After all, and given the way they go on about the Board and company, they could not have just limited their protest to abstaining.

[philmac56] 26/5/2015 13:36

The Record Date will be the 5 June 2015.

Cheque payments will be posted to holders of Reflec Ordinary Share £50.00 around the 18 June 2015. For those shareholders whose preference was to receive their payment by direct bank transfer, these payments will be in bank accounts on 19 June 2015.

taken from Reflec website

[philmac56] 26/5/2015 09:10

Another 28 shares have been moped up at £210, some still under offer at £300.

Number of shareholders reduced from 814 to 812 after the above sell, some one adding!!!!

The co needs inform the markets of record date,for forthcoming divi and special divi.

[man1] 24/5/2015 11:44

Hi All,
Attended AGM , all resolutions passed.
Will update questions at end of week .
Away for few days

Keep the faith

[man1] 21/5/2015 21:44

Well I'm quite sentimental at heart , there was no better AGM than the one at Crewe where Tim Robinson and Jason James had been appointed to the board .
Over the years you get to meet many a new friend even if is only by the odd email or txt or phone call.
To think them many years ago shareholders who didn't know me had the trust to send me donations for postage / shareholders lists etc .This is why I agree to AGM's to be held at various locations so that those less fortunate or able to travel have the same opportunities as other shareholders to meet the board and discuss the company .
It should be like a social occasion . more a conference than a AGM .

We all have the same goal . to make money . which can be done in a gentleman like manner .

If anyone has any queries for the AGM , contact me at

[e-mail]

[man1] 21/5/2015 21:44

Well I'm quite sentimental at heart , there was no better AGM than the one at Crewe where Tim Robinson and Jason James had been appointed to the board .
Over the years you get to meet many a new friend even if is only by the odd email or txt or phone call.
To think them many years ago shareholders who didn't know me had the trust to send me donations for postage / shareholders lists etc .This is why I agree to AGM's to be held at various locations so that those less fortunate or able to travel have the same opportunities as other shareholders to meet the board and discuss the company .
It should be like a social occasion . more a conference than a AGM .

We all have the same goal . to make money . which can be done in a gentleman like manner .

If anyone has any queries for the AGM , contact me at

[e-mail]

[johndee] 21/5/2015 09:02

At least they do not have the costs that listed companies have. Save loads by being private, better for those invested here. No one should be whining unless they are a little crazy.

[upthepool] 21/5/2015 09:00

[[Wasting hours on solicitors fees for legal advice on numerous unfounded allegations by shareholders could be classed as a bigger waste of money . In 2014 I believe the cost of such legal advice was more than the AGM costs.]]

Nicely put man1. Would those new user names whining about the location of the AGM have anything to say on this matter? Or picturehappy maybe?

[philmac56] 21/5/2015 08:04

Philmiboots, your on the oval ball for research.
Well if only 3 attended as per some suggestions, it should be OK. Lol

[philmiboots] 20/5/2015 22:41

Says accommodates 12 here phil, should be room to spare!....

[philmac56] 20/5/2015 22:17

I can and will offer the board a "box" at Park Y Scarlets free to hold an agm in West Wales, when the need arises. I think the box will hold 20!!!!

[man1] 20/5/2015 18:32

Hi Scalie ,
Nice to see your still around .

I think picturehappy's figures will be based on assumptions .

I would say though it will cost a considerable outlay for an AGM , but unfortunately as you know its a necessity .

The board have already stated they wanted to try and reach all shareholders and therefore unfortunately there will be costs involved , which cant be seen as a waste of money .

Wasting hours on solicitors fees for legal advice on numerous unfounded allegations by shareholders could be classed as a bigger waste of money . In 2014 I believe the cost of such legal advice was more than the AGM costs .

[scalie] 19/5/2015 22:37

Did i just read that we paid the best part of £6,700 for the 2014 AGM with poss traveling costs for Director's/lawyers/registrars/auditors/advisors approx £3,000 of that fee. I don't know where you got those figures from Picturehappy but that is just a shocking waste of money

[philmac56] 19/5/2015 11:31

All,
If the moaners still hold shares!!!
Bloody hot,sunny here in Zante, a pint Mythos €2 in Argassi Beer Academy.
My moan over.

[upthepool] 19/5/2015 08:28

man1;

I think you probably already know the answers to all the questions of which you ponder in your post.

It seems that the location of the AGM is now the only thing they have got to have a go at the BOD about - which in the scheme of things means something must be going right.

And you are correct, if the BOD are running the company so badly and deceiptfully surely there has to be a significant vote against all the AGM resolutions, including the last two (dividends). We will see.

[man1] 18/5/2015 22:09

Hi All ,
I can see that there is some decent questions which deserve a response .

But it does dishearten me , when after all the company has been through .
When the BOD have delivered on yet another excellent set of results .

When we have a £20 special divi per share on the table which hasn't even been mentioned .

Yet all this board focuses on is AGM's and other negative issues .

if you have ,money in the bank earning 1% interest complain.

When you have a share which has NOT been the most stable share or has NOT increased in price or Paid one of the best returns on the current stock market
then complain .

We already know why the board are touring the country with the AGM . If shareholders don't want to exercise their right to attend , that is not the fault of the BOD .I'm sure in a few years time the BOD can look at where the best shareholder attendance was and decide the best way forward .
As for the 53 attendees in 2013 and 3 in 2014 . there prop was about the same number of shareholders there as how many out of the 53 were there on proxy .
how many took an active role and asked questions . Probably the same as the 3 in 2014 .
When it came to voting for the divi though how many voted in favour ?? Almost all I think.
So if that was the case why aren't shareholders behind the BOD with a 50% increase and a £20 special divi where are the 53 posters now .

Hopefully I will put your questions to the BOD and get some answers after the AGM.