Rentokil Initial Share Discussion Threads

[jonnynixon] 08/7/2018 15:59

Any rto companies worth a look at?

[elias jones] 09/3/2018 13:34

Bounced off support again this morning,260p seems a solid base now so I am
expecting a steady move back to 280p - 290p range in next 6 weeks.

[elias jones] 03/3/2018 16:50

The recent drop looks overdone I think this will steady itself back in the 280p
to 290p ranges soon.I been holding these for a while now since 192p and sliced
a few off in feb for a good profit,this stock has always been agile when in
recovery mode and will attract buyers at this level.

[hardupfedup] 01/3/2018 08:46

results look good to me .. keep buying imo

[only winners please] 30/12/2017 14:17

Shells on the AIM market have a deadline to do a deal. Many fail that timeframe and get kicked off, with investors taking a 100% hit.

The best shell companies have a business already, producing day to day income prior to any deal.

Get a company that’s on the MAIN London market that’s valued at a tiny £1.5M and about to do a deal and you have a winner.

[costapacket] 20/12/2017 21:37

Any thoughts on RLH? Been suspended for ages...

[hedgehog 100] 20/12/2017 19:31

It's TERN's turn to outperform again, from its current share price of just tuppence.

Tern (TERN) 2.0p Market cap. £2.7M.

[hedgehog 100] 09/12/2017 19:35

Time/Date Price Volume Trade value
10:08:11 04-Dec-17 4.25 50,000 2,124.50
10:01:13 04-Dec-17 4.25 35,000 1,487.15
15:57:06 01-Dec-17 4.15 50,000 2,075.00
12:04:26 01-Dec-17 3.88 20,000 775.00
08:07:02 30-Nov-17 4.14 23,957 993.02


The ZMNO share price is perking up after a quiet period, to its current 4.125p (3.75 - 4.5p).

There have been four trades already this month, which can be a lot for this share!

[hardupfedup] 19/10/2017 09:41

decent trading statement this morn

[purple11] 13/9/2017 02:20

SILF RTO INTO HEMO.

this looks Big.gl

[yogaboy] 05/9/2017 10:45

Nice steady rise above three pounds after a bit of a wobble mid-year. The one year and three year charts are beautiful to behold!

[rjmahan] 29/8/2017 12:33

Former shell looking to turn round and the market hasnt twigged - Kryptonite 1 - they are investing in cryptocurrency, have done very well and are trading at a 50% discount to likely valuation....

[hedgehog 100] 15/8/2017 19:58

Although the track-record of Polemos (PLMO) has been poor, a shell should never be written off until it's definitely over.
Because there's always the potential for new management, new finance, and a new strategy ... to give a touch of the CHA CHA CHA.

The renowned shell Concha (CHA) 40-bagged in 2014, to a market cap. of over £100M. at its peak.
But CHA's initial investments in 2013 had quickly failed, and the share had to be refinanced.
And there are some similarities to CHA's position then and PLMO's at the moment, at 0.022p (market cap. £1.14M.)

[hedgehog 100] 14/8/2017 18:27

After-hours ZMNO RNS On Friday:

11/08/2017 17:27 UKREG Zamano PLC Disposal Announcement

"Disposal of All of the Company's Operating Business and Assets

zamano announces that, further to the announcement on 9 August 2017, it has entered into a conditional sale and purchase agreement (the "SPA") to sell all of the Company's operating business and assets to Kilavan Holdings Limited (the "Purchaser" or "Kilavan") (the "Disposal"). …

Following completion of the Disposal, zamano will retain cash of approximately EUR5,582,000 out of which it shall discharge existing Plc liabilities and transaction expenses related to the Disposal of approximately EUR282,000 and will have no other significant assets or liabilities. Following completion of the Disposal, the Board will commence the process required for the company to be in a position to make a return of cash to shareholders. Such process is expected to take up to six months. During this time, the Board considers it is in Shareholders' interest to continue to examine possible investment opportunities whilst this process is ongoing. The Board confirms that any material or significant investment opportunity will be conditional on Shareholder approval being obtained.

The Disposal constitutes a disposal resulting in a fundamental change in business of zamano pursuant to Rule 15 of the AIM Rules and the ESM Rules and requires the approval of the Company's shareholders ("Shareholders"). Contingent on the approval of the Disposal by Shareholders, the Company will become an AIM Rule 15 cash shell pursuant to the AIM Rules and an investing company pursuant to the ESM Rules. Accordingly, the Company will have a period of six and twelve months under the AIM Rules and the ESM Rules, respectively, to complete a reverse takeover before trading in its shares will be automatically suspended by the relevant exchange. The Company will also seek Shareholder approval for its investing policy. A circular, which will contain further details of the Disposal and the investing policy (the "Circular") is expected to be posted to Shareholders shortly and will also be available on the Company's website at www.zamano.com. …

Notice of the EGM to approve the Disposal and the investing policy will be included in the Circular that will shortly be posted to shareholders and it is expected to be held at the Conrad Hotel, Earlsfort Terrace, Dublin 2 on 30 August 2017. …

-- Investing policy will have a focus on target companies with either strong existing profitability or significant growth potential, operating in both cases in attractive underlying markets. …

Future Strategy and Investing Policy

Following the Disposal, it is estimated that zamano's net cash position will be approximately EUR5,582,000, which will be used in part to discharge zamano's existing Plc liabilities and transaction costs related to the Disposal of approximately EUR282,000. Following the discharge of such liabilities and transaction expenses related to the Disposal, it is expected that zamano will retain approximately EUR5,300,000 of cash, and will have no other significant assets or liabilities. … "




ZMNO has risen 0.25p today, to 4.0p, market cap. £3.98M.

In comparison, the expected EUR5.3M. gross for distribution to shareholders &/or an acquisition equates to £4.82M. (£1 = EUR1.1).

[hedgehog 100] 12/8/2017 18:37

TheLung 22 Jan '17 - 11:29 - 874 of 912 0 0
"SMA. Giles Clarke's next RTO."


A belated thanks for that TL.
SMA was suspended last month, and is in discussions about a RTO.
Giles Clarke achieved an excellent result with KENV, so it is well worth keeping an eye on what transpires with SMA.


Sovereign Mines (SMA) 0.255p (suspended) Market cap. £2.2M.)




21/07/2017 07:35 UKREG Sovereign Mines of Africa PLC Suspension of shares

"Sovereign Mines of Africa confirms that trading in the Company's shares has been suspended. The Company is currently deemed a cash shell under AIM Rule 15, pursuant to which it is required to make an acquisition which constitutes a reverse takeover under AIM Rule 14, failing which the Exchange will suspend trading in the Company's shares pursuant to AIM Rule 40. As previously notified suspension of trading in the Company's shares was scheduled for today, 21 July 2017.

Having previously pursued a wider strategy of targeting assets in a number of sectors, the Company is now pursuing a more targeted strategy, including pursuing acquisitions in the Indian consumer goods sector. The Board is in discussions with another party about a possible transaction which would under the AIM rules constitute a reverse takeover of the Company.

Shareholders are advised that there can be no certainty that the discussions between the parties will lead to any agreement concerning the possible transaction or as to the timing or terms of any such transaction and there can be no assurance that, even if agreement is reached, any such transaction would be completed. A further update will be provided to shareholders in due course.

Trading in the Company's shares will remain suspended until publication of a re-admission document and the approval of any transaction at a general meeting of the Company. If no transaction is completed the Company's shares are scheduled to be cancelled from trading on AIM on 21 January 2018 pursuant to AIM Rule 41."

[hedgehog 100] 06/8/2017 15:46

A share that hasn't featured on this thread before is ZMNO, which is currently trading at well below cash, and is currently considering a cash return to shareholders, &/or an acquisition.

At 3.9p its strong cash position, especially relative to its market cap., helps make it a lower risk shell play, but one which could still give some 'Zam, bam, thank you ma'am':

Zamano (ZMNO) 3.9p Market cap. £3.9M.





In its 31st. March final results, ZMNO stated that " ... a decision is expected to be made during H1 2017."
So we are now over a month overdue.

However, ZMNO's recent recovery to 3.9p is a bullish sign.

And ZMNO's AGM on Wednesday could provide a timely opportunity to update the market.


31/03/2017 07:00 UKREG Zamano PLC Final Results

"... In light of this, the Group took the decision in early February 2017 to formally wind down the existing business lines in order to protect the cash position on the balance sheet. The wind down of the existing business lines is ongoing and the Board is currently considering alternative strategic options. In the absence of a timely strategic alternative, the Group will look to maximise its cash position and make a distribution back to shareholders.

The zamano Board is focused on conserving the Group's strong cash position by optimising our withdrawal from our existing business lines and the Group remains fully committed to supporting its clients and providing a high level of customer experience and service during the wind down process. ...

This profit after tax, excluding the impairment charge, led to a further improvement in the Group's net cash position. At 31 December 2016, net cash was EUR7.2 million, an increase of EUR0.9 million over the 31 December 2015 net cash figure of EUR6.3 million....

(b) Going concern
As explained in the Directors' Report, detrimental regulatory changes introduced during late 2016 have impacted both the Group's performance in the short term and the ability of the Group to sustain profitability going forward. In light of these changes, in February 2017, the Board took the decision to formally wind down existing business lines over the course of 2017. The Board is currently considering alternative strategic options for the Group beyond the cessation period for existing operations, one of which includes a liquidation and distribution of the Group's net assets to its shareholders. No decision has yet been made over the Group's strategic options however a decision is expected to be made during H1 2017."



27/06/2017 17:06 UKREG Zamano PLC Posting of Annual Report & Notice of AGM
"zamano plc is pleased to confirm that its Annual Report & Accounts for the 12 months ended 31 December 2016 have been published and sent to shareholders.
The Company is also pleased to announce that its Annual General Meeting ("AGM") will be held at 11am on 9 August 2017 at the Conrad Hotel, Earlsfort Terrace, Dublin 2 and the notice convening the AGM is contained in the Annual Report & Accounts which has been posted to shareholders.
The Annual Report & Accounts and Notice of AGM are available on the Company's website www.zamano.com"

[cpap man] 06/8/2017 08:40

UOG



Wonder what these new and highly exciting potential Oil & Gas deals and acquisitions....are all about at UOG?

[cpap man] 06/8/2017 08:35

UOG



UOG in one of the Sunday newspapers [subscription only] today with Brian Larkin talking about the 2 upcoming drills plus some new and highly exciting potential Oil & Gas deals and acquisitions....



Another win for United Oil & Gas



With new well-drills on the way, potential acquisitions coming up across the globe and a debut on the London Stock Exchange, these are heady times for Brian Larkin’s United Oil & Gas....

ETC....

[cpap man] 06/8/2017 08:33

UOG



If you ever look at small cap oil & gas companies maybe take a close look at recently [Monday] fully listed [standard] United Oil & Gas [UOG]

UOG are headed up by 2 ex Tullow Oil [TLW] boys Brian Larkin and Dr. Jonathan Leather

MKT CAP is £6M with over half of that being in cash....UOG have 2 drills planned in the next 4 to 6 months with the 1st drill in October

Obviously with their TLW connections the boys have some massive plans to take the UOG share price from pennies to £ pounds £

[hedgehog 100] 05/8/2017 20:15

Main-listed shell Senterra Energy (SEN) resumed trading this week post-RTO as United Oil & Gas (UOG).

United Oil & Gas (UOG) 3.0p Market cap. £6.0M.




SEN's period as a shell saw a disappointing share price performance: at listing on 10th. November 2015, the Company issued 25,000,000 new ordinary shares at a price of 5 pence per share, raising GBP1.25 million before expenses.
Whereas the UOG RTO placing has been priced at 2.5.
Shareholders will doubtless be hoping for a better share price performance from now on.

31/07/2017 07:00 UKREG United Oil & Gas PLC Readmission to Trading

"The Board of the Company is pleased to announce that following Acquisition of the UOG Group and the Placing raising GBP3 million before expenses, the Company's Enlarged Share Capital is today admitted to the Official List (Standard Segment) and to trading on the London Stock Exchange's Main Market for listed securities.

Brian Larkin, the Company's CEO, commented: "We are delighted to list United Oil & Gas Plc on the London Stock Exchange along with completing a fully subscribed share placing of GBP3million. Our work programs are wholly funded and we look forward to drilling our first well in the Selva field in the Po Valley in Italy, in October. In addition, we continue to evaluate further potential acquisitions and farm-in opportunities".

Information on the Enlarged Group

The UOG Group, established in 2015, has a strategy to acquire non-core oil and gas licences from larger oil and gas companies, with the goal of being an active partner to unlock previously untapped value and thus generating value for Shareholders.

UOG is primarily focusing on Europe, taking advantage of the management team's extensive experience in this market and benefitting from the stable political and fiscal systems in the region. ...

The Placing and use of proceeds

In connection with the Acquisition and Readmission, the Company raised gross proceeds of GBP3 million (GBP2,666,000 net of Transaction Costs) through the issue of 120,000,000 Placing Shares at the Placing Price of 2.5p per share.

The Placing was conducted in order to complete the Farm-in Agreement and to support the business growth of the Enlarged Group. ..."

[hedgehog 100] 05/8/2017 18:55

Yesterday's IC article on position sizing should come as no surprise to investors familiar with the legendary "Zurich Axioms", the first one of which recommends concentrated investing.

These twelve axioms (some of which are more useful than others - I dislike II, XI, & XII) were summarised in the "Investors Chronicle" about three years ago (21 August 2014):

Axiom I - on risk. Risk enough to be really worried about the outcome. Play for meaningful stakes.

Axiom II - on greed. Always take your profits too soon. Control your greed; don't let it control you.

Axiom III - on hope. When the ship starts to sink, don't pray. Jump. What makes a top-rate poker player - knowing when to fold.

Axiom IV - on forecasts. Distrust anyone who claims to know the future. And don't let your own reasonable expectations of the future harden into dogmatic certainty.

Axiom V - on patterns. Don't see order where it does not exist. Most of the time you're dealing with chaos, but that's not dangerous until it seems to look orderly.

Axiom VI - on mobility. Stay light on your feet. Don't get locked into a way of thinking about investments and don't stick with a situation because you think it 'owes' you something.

Axiom VII - on intuition. Trust a hunch if you can explain it. And you can explain it if it's consistent with the conclusions you can draw from an area that you have studied in depth.

Axiom VIII - on religion and the occult. Don't imagine that providence will make you rich. After all, if astrology worked, all astrologers would be rich.

Axiom IX - on optimism and pessimism. Learn the difference between confidence and optimism. If you are confident, you know how to handle the worst; if you're just optimistic, you don't.

Axiom X - on consensus. Arrive at your own conclusions. Be deeply sceptical of majority opinion and never follow what look like speculative fads.

Axiom XI - on stubbornness. Leave stubbornness to others. If a speculation does not succeed first time, forget it. And never average down a losing situation.

Axiom XII - on planning. Forget long-range planning. All speculative media will change in ways that you cannot imagine.

[hedgehog 100] 04/8/2017 20:23

The main article headlined on the front cover of today's "Investors Chronicle":

"Investing cracked
Why putting all your eggs in one basket could pay off"

"By Todd Wenning
Position sizing is a constant challenge for amateur and professional investors alike. There’s no exact science behind it (we’ll discuss a few strategies in a moment), yet how you allocate capital across your investments can have a massive impact on your returns. ..."



A key message in the article is that investors should put more into their very best ideas, so that they have a more meaningful impact upon their portfolios.

That immediately made me think of the BeST BeaST on the London Stockmarket ... video analytics company BST (23.5p, market cap. £13.3M.).





In my opinion, long-term BST is a potential Qlik:

“Visual Analytics Firm Qlik to be Acquired for $3bn

June 6 2016

Visual analytics company Qlik is to be acquired by equity investment firm Thoma Bravo, in an all-cash transaction valued at approximately $3.0 billion.

Lars BjörkHeadquartered in Radnor, Pennsylvania, Qlik has offices around the world with more than 1,700 partners covering more than a hundred countries. Its portfolio of self-service data visualization and guided analytics products is used by companies of all sizes worldwide to explore information and generate insight. This portfolio comprises three core solutions: the Qlik Sense visual analytics platform; the QlikView guided analytics and dashboarding solution; and the Qlik Cloud range of SaaS apps.

Under the terms of the acquisition agreement, Qlik shareholders will receive $30.50 in cash for each share of Qlik common stock, a 40% premium over the stock's last closing price. The proposed transaction is expected to close in the third quarter of 2016, subject to approval by Qlik's shareholders and regulatory authorities and the satisfaction of customary closing conditions. CEO Lars Björk (pictured) comments: 'Thoma Bravo recognizes the value that Qlik delivers - a platform that lets our customers see the whole story that lives within their data. Thoma Bravo has an excellent track record of investing in outstanding technology businesses for the long-term, and I am confident our employees, customers and partners will greatly benefit from our partnership with them'.

Web site: www.qlik.com . "