Saltmark Share Discussion Threads

[abbo64120] 25/10/2003 18:35

I wouldnt imagine that Noble Investments ought to be valued at very much more than the face value of the coins that they hold.

Honestly, what value can there possibly be in listing a hobby? Unless of course they have discovered El Dorado or Atlantis.

Dreamers.....

Abbo

[responsible lad] 25/10/2003 18:31

In that case I expect the new shares to go up in value when they come back on. I think anyone who buys in first thing will be surprised how much money they will make. Could be another RSV, PPB or HMD. All those this month more than doubled for people who bought in after they relisted.

Another one on my watchlist is Voss Net, should be back on the market within a month.

[psps] 25/10/2003 17:28

its called Noble Investment (i think)

[bbinvest] 25/10/2003 15:22

Responsible lad

They are back onto the market. You are almost right in your figures. For each 100 shares you held @ 0.4p, you now have one share, that you can currently sell at 32p. That equates to 20% (Loss).

How are you going to break that to your mum?

BB

[responsible lad] 25/10/2003 10:54

Im in @0.4p, looks like I will make 25% when they come back onto the market at 50p, as mentioned earlier in the thread.

[wakeland] 24/10/2003 06:54

My average price on my few Noble investment's is £6.20 per share !!!
I suppose I could average down for a few hundred quid but what's the point ?
This vehicle will inevitably go under after three or four years of keeping it's director's in pin money .
Why do they need all these director's ? Was Roger Newton an authority on rare coins all this time only masquerading as an engineer ??
The only thing in this for old DM holders is the opportunity to loose more money .

[bbinvest] 23/10/2003 15:57

Only if you wish to follow in the footsteps of this company.........

........SS Titanic sets sail for the Bermuda Triangle!

BB
J

[tomsboy] 22/10/2003 15:00

Should I go ahead and order the new boat?

[bbinvest] 22/10/2003 14:24

I see that share consolidation etc. has now taken place.

Link to Noble Investments new page:



BB

[pharmawotsit] 15/10/2003 12:15

According to my broker, for each 5000 old SMK shares held of nominal value 1p each, you will receive 1 new SMK share valued at 50p each.

Also, they're proposing to change the name to, wait for it, Noble Investments plc.

Can't wait for my 5 shares.

[greymane] 10/10/2003 09:24

mark,

If you really do want to see a poss day/week trade then have a look at AVA, seriously undervalued (unlike SMK, sadly)

apologies to everyone else
PLG

[mark sloane] 10/10/2003 09:05

spot on tomsboy-absolutely spot on-any tips on a day trade to get me out of this tightspot?

[tomsboy] 09/10/2003 21:13

Very apt we have a Dell on this thread especially when the
company appears to be run by TRIGGER.

[mark sloane] 09/10/2003 17:31

cheers dell for making my day get even worse!!

[dell314] 09/10/2003 16:52

Mark - if you read back through this thread, all the info you need is there, including a link to the circular which is the official explanation.

In brief, new shares are placed at 23p.
You will get 1 new share for every 100 existing shares you have but only for multiples of 5000, as they are consolidating to get rid of small holders.

i.e if you currently have 65750 shares you get 650 new shares and they sell the 750 remaining old shares for you and give you the proceeds.

all IMHO
DYOR
& LOL!

Rgds
dell

[mark sloane] 09/10/2003 16:37

does anyone have a rough idea of how many new shares will replace old shares when the restructure goes through?

[abbo64120] 09/10/2003 15:28

Unbelievably yes LOL!!!

[dames] 09/10/2003 11:11

Is that coins thing serious lol ?

[dames] 09/10/2003 11:09

Lo all , u lot still here :-)

Have they spent the 150k yet?

[mark sloane] 09/10/2003 11:01

how do u mean dell? when are they restructuring the shares?

[tomsboy] 09/10/2003 10:27

ABBO64120

Most of Nigels biggest fans live there.

[dell314] 09/10/2003 10:20

Mark - I'll have a go:

The shares are twice what you can probably effectively buy them for, when the new shares are issued.
They have a business plan which seems to be selling a coin collection that they are going to pay current valuation for.
The directors don't appear to be very good at running companies, based on previous performance.

Did that help?

Rgds
dell

All IMHO & DYOR

[psps] 09/10/2003 10:16

no point ramping a share which will go up anyway