Looks like we might actually see the results in 'early September' - indicated by a sudden flurry of sells.
Doesn't bode well... |
I don't suppose "..embrace smart cost management" involves taking a pay cut then?
Nope
Didn't think so
100% agree with digger the guy is full of hot air. |
I wonder if they secured any contracts at Offshore Europe 2015? |
The most generous interpretation of the term 'early September' runs out tomorrow.
The results must have passed me by. |
Usual bit of a bounce along the way but the bull run is over and the Bears are gathering . Can see it hitting a lot lower tbh |
Just for Bones
Jackozy now saying 5600 next target on the FTSE and 5 year bull run clearly over. |
If one assumes that "early" September means between the first and the tenth (mid being 11th - 20th and late being 21st - 30th), then not too long to wait for the results.
Allegedly. |
Wouldn't touch it with yours Phil tbh not until funding is sorted , even then I see no reason to get excited as r2s is about all they have left and still the management leeching off it meaning no profits . |
17% spread says it all |
3 buys and a sell? I suppose it is by SEA standards... |
Veritable buying frenzy this morning, maybe bones has had a change of heart. |
Reesy... I've experienced Yorkville in the past.....they're not very nice people. |
IF the results are poor, lets hope they release other news to provide some balance ;-) |
We have been promised the Interim Results for the half year ended 30th June
"early" in September.
I presume that means within the next few days?
Why it takes "them" so long to add up our miniscule numbers is quite beyond me.
They are certainly, more than, well paid for their endeavours. |
Someone with a better memory than mine might be able to explain Cantor's and Lanstead
I remember SEA had money off them and in turn they screwed us blind taking shares, shorting them and selling them down so we needed more from them and rinse and repeat.
Seem to remember a similar thing happening to XEL where they got screwed over by Yorkville amongst others.
Just wondering if we're going to see history repeat itself. |
CHECK OUT BOWLEVEN |
Ron obviously recently it has traded at three times but yes I think both have raced far too high in the last few years and on unjustified earnings etc . For me though the USA shares have performed better compared to uk ones and their economy looks far stronger than ours does currently . Either way I have the ftse earmarked for a trip to below 5000 in the coming 12 months and possibly as low as 4500 .
As we all know the market goes in waves and this certainly looks to be the start of the bear run . Confidence is badly shaken and not much pisitives around . Money will start trickling out the markets and the falls keep coming imo . |
Sorry, bones, but that's a bit strong even for you.
At the beginning of 2006, the DOW was approx. 11000 and the FTSE was 5750.
At the beginning of 2011, the DOW was approx 11750 and the FTSE was 6000.
The FTSE historically reads around 1/2 (or just above) of the DOW. It's only since 2011 that the DOW has raced ahead, purely because of the amount of money printing indulged in by the septics.
It's the DOW that is far too high NOT the FTSE. Having said that, the adage still holds true that when america sneezes, the world catches a cold. If the DOW tanks (which in my view it has to at some point), then so will the FTSE, but imho by not as much. |
When it's that or bust they do it every time tbh that's not really an issue . The hard part is finding someone willing to back it in this climate . Institutions get greedy and want bigger discounts to take it on etc depending on how much they want to raise could well determine the discount . Markets not looking good again still think we will see under 5000 on the ftse in the coming months . The chart just looks nailed on now tbh and news on China etc not robust enough to support it .
The ftse usually reads 1/3rd of the Dow index and judging by the fact the USA economy looks half decent then the ftse is being held far too high currently and should be about 5500 now max plus that's before today's drop on the Dow .looks like another massacre out there |
Stockriser... I read on another board that AIM Rules frown upon trading below nominal value, so they could either go for Capital Restructuring, ie change the Nominal Value to 1p or less or possibly Consolidate the share, ie, 10 or 15 to 1. A placing below Nominal Value is a non starter.
There's one other possibility...come out with some positive news and increase the share price (however, sadly, that also looks like a non event) |
Thanks Digger - I bet Mr. Mahon would not be too happy! |
All they have to do is a share reorg. Drop par value to 1p and defer 9p. They do it all the time on AIM. It would of course need shareholders approval but that's just a formality as the big boys have already been compensated by forward selling and will out vote the PI's when called upon. |
Bones Re: 5p placing.
So how do we stand considering the rules below, and the fact that SEA's nominal value is 10p?
Is there a way to do a placing at 5p?
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A share will have a nominal or par value: 1p, 10p, £1 or any other sum in any currency. And it is an absolute rule that a share cannot be issued fully paid for anything less than its nominal value – that is, it cannot be issued at a discount. A company cannot issue a £1 share fully paid for 99p or less. A company thus has no ability to issue free shares (but it may buy shares in the market and give them as free shares to employees, say, as part of an incentive scheme). |
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