Saietta Share Discussion Threads

[dave2608] 29/2/2024 12:15

Some money will have had to been put aside for the strategic reviewers. Those guys won't come cheap.

[casholaa] 29/2/2024 12:08

I reckon, that they'll raise the share price soon, people will go rushing and then they'll pull the floor from the share price

[firestorm911] 29/2/2024 12:05

I suspect sub 0.1p in the close, there must be another big load being dumped.

[the stinger] 29/2/2024 12:02

Firestorm.. I'm all in and expecting a re rate.

[firestorm911] 29/2/2024 12:01

If anyone listened to F911 in March 2023, I did say the administration was coming. I did say it was another TWD.


Regards,
F911
RMC

[firestorm911] 29/2/2024 12:01

signing autograph with blood?

[dave2608] 29/2/2024 12:00

The fat lady is signing a few autographs. She won't be long.

[firestorm911] 29/2/2024 11:59

There could be a few more institutions dumping. Early morning 9m+ shares.

[countbasie1] 29/2/2024 11:59

Another experience is that Friday is often admin day. So might be about 12.30 tomorrow and then pop some corks for those who always make money whatever.If not tomorrow then this might not be over.

[dave2608] 29/2/2024 11:58

Of course a cynic would say that there's no race agaist time and it was all done and dusted a while back.

[firestorm911] 29/2/2024 11:55

This scammer needs to be castrated. This scumbag is a paid promoter ramping loser. He bums MagnificientMong.

Look at his posts, he posts only on shares that have bombed out -99%. Hoping to sucker people in.
It's always derampers crashing shares, putting shs in administration


Tomorrow's administration, they gave a timeline of a week, which could be at close.

Prepack administration.




Zen1229 Feb '24 - 11:43 - 1839 of 1841

Easy tiger, nobody knows as strategic review only commenced last Thursday.

[kirk 6] 29/2/2024 11:53

Could be a buyer very soon then

[dave2608] 29/2/2024 11:50

They informed the market that it was a race against time to find a buyer or other finance initative. By the end of this week they quoted. Their words, not mine.

[glavey] 29/2/2024 11:46

" as strategic review only commenced last Thursday "

Ha ha! Very droll...

[zen12] 29/2/2024 11:43

Easy tiger, nobody knows as strategic review only commenced last Thursday.

[glavey] 29/2/2024 11:38

" There remains a business at the Indian Saietta VNA JV "

Err.., I don't think so...


" And don’t overlook AVTEC and HCLTech too "

Err.., not that either...

[zen12] 29/2/2024 11:31

RNS states the below, so end of this week you can interpret is Fri or Sun, so my guess is announcement on Monday if no resolution found:Should the Company not have made material progress with its formal sale process or with any other financing initiatives by the end of next week, the Company may need to commence planning for an administration. A further announcement will be made in due course.

[dave2608] 29/2/2024 11:25

I've still got this gut feeling that it's going to be tomorrow.

[dave2608] 29/2/2024 11:22

Interesting. So Gotty could be in the Dog and Duck soon.

[countbasie1] 29/2/2024 11:16

DaveIn my experience suspensions seem to happen just before lunch. The peeps involved can then pop off for pre prandial drinks and have a post prandial snooze without much to bother them.

[tightfist] 29/2/2024 10:58

There remains a business at the Indian Saietta VNA JV, which in due course may prosper. The question for me is the strength (or not) of interdependence with JV partner Saietta U.K., and what it is worth..... And don't overlook AVTEC and HCLTech too and their Balance Sheet strengths?

[tomboyb] 29/2/2024 10:57

Clearout..

[casholaa] 29/2/2024 10:54

@Dave even if you've lost money here. It's a learning experience. I've been told that advice can be cheap, but experience can be very expensive. In a situation like this one can learn a lot which will can help with future investments elsewhere.