Senterra Egy Share Discussion Threads

[divina] 30/1/2005 09:42

BernieBoy - 24 Jan'05 - 16:26 - 259 of 271


Why is this still rising when the market is gonna be flooded on 28TH Jan with millions of new shares at 1p per share? Why would anyone be buying now?

megordon - 24 Jan'05 - 17:18 - 260 of 271


Bernie, think we're all baffled by that, can only put it down to the sheep that follow the RHPS advice.
I'll wait till it drops back to sub 1p after the placing :-D
Though i have to admit I wish I had bought last time and could have sold at a nice profit already.
-------------------------

Scary people buying and selling shares that dont know how the markets work.... You will only loose money....

[ponty] 28/1/2005 19:04

not a bad day for mm,buy sen at 1p sell 1,886,289 for 1.6p on same day and no shame

[vision88] 28/1/2005 17:44

557,000,000 million more shares well that says it all 0.4 on its way

[bernieboy] 28/1/2005 15:15

No surprise to see this dropping. Will get to 1p or below.

[ponty] 28/1/2005 10:12

Screen PLC
28 January 2005



Screen plc ('the Company')

Completion of Placing


The directors of Company are pleased to confirm that the conditional placing of
up to 557,000,000 new ordinary shares in the Company at a price of 1p per share
('New Ordinary Shares') announced on 16 December 2004 became unconditional this
morning with the admission of 557,000,000 New Ordinary Shares to AIM. The net
proceeds of the placing amount to approximately £5.09 million. Following the
placing the issued ordinary share capital of the Company comprises 622,420,709
ordinary shares of 1p each.


28 January 2005

This information is provided by RNS
The company news service from the London Stock Exchange

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[ponty] 28/1/2005 01:01

is it to do with share placing to day

[happy73a] 27/1/2005 19:47

can some one explain the way dealers work? on the 27/01/2005 CEN shares
the buy were 230.621
the sell were 25. 761 the price went down
the inpression that I had was demand fuelled price rise am i wrong ?
unhappy 73a

[osammyboy] 26/1/2005 17:55

does anyone know the voting figures on the share placing

[ponty] 26/1/2005 14:36

placing of 557 million new shares @1p,new shares total 89.5% of share capital and still buying at 1.75, mm must be pleased

[ponty] 25/1/2005 15:49

they are still buying in large numbers the 28th is almost here

[alicewonderland] 24/1/2005 17:24

Just thought I'd take a peek in here again, to check out the 'excitement' today. Far to pre-occupied with NXT (ntx) to worry sbout this one until any form of management confidence returns.
Just checked out Screen's front web-page. Oh dear oh dear, 3 more days and the "latest news" will be ONE YEAR OLD FOLKS. oh dear oh dear oh dear.
ZZZzzzzzzzzzzzzzzzzzz

[megordon] 24/1/2005 17:18

Bernie, think we're all baffled by that, can only put it down to the sheep that follow the RHPS advice.
I'll wait till it drops back to sub 1p after the placing :-D
Though i have to admit I wish I had bought last time and could have sold at a nice profit already.

[bernieboy] 24/1/2005 16:26

Why is this still rising when the market is gonna be flooded on 28TH Jan with millions of new shares at 1p per share? Why would anyone be buying now?

[initiate] 24/1/2005 15:56

What's going on with this company ? And what's with the stupid new name ? Have they been taken over by the French ? 'Petard' is French for banger (firework) and 'péter' means 'to fart' - who chose such a daft name and is it related to anything in patricular?

[philmiboots] 24/1/2005 15:54

RNS Number:7088H
Screen PLC
24 January 2005


Screen plc ("the Company")

Results of EGM

Further to the announcement made by the Company on 16 December 2004 and the
circular sent to shareholders on 21 December 2004, the Company is pleased to
announce that all of the resolutions proposed at the Extraordinary General
Meeting of the Company, held at 10.00am today, were duly passed. Admission of
the Placing Shares to AIM is expected to become effective on 28 January 2005.

One of the resolutions passed at today's meeting was to change the name of the Company to Petards Group Plc.

Hope we are not going to be hoisted by our own petard then.
;o)

[wild bill] 20/1/2005 13:01

quiet in here

try this

[dmhzx] 16/1/2005 13:02

Most of us didn't actually have RHPs, but did read what was reported about it.

What was posted certainly said that the placing had already happened, and I for one assumed it (the posting here) was a cut and paste job.

dexdringle: fascinating the world of the city isn't it? Not only can you sell what you don't have, you can actually sell more of whatever it is than actually exists at all.
As to volumes: There are about 64 million shares in total at present, a check back over volumes will show that there were over 30 million changing hands over the past few days, 14 million on one day alone. That doesn't necessarily mean that half the company has changed hands, and needn't necessarily mean a large stake is being built.
If for example you bought a load at 1.25 just after Christmas, you could have sold them at 1.62 on Friday, and then used the proceeds to pay for your placing shares (at 1p). Maybe somoene would like to work out the effective price of those placing shares if you started with a pot of say £25K.

[pc4900074200] 15/1/2005 12:17

megordon

I think if you read back through the posts.

RHPS did not place a RECOMMEND on this.

It was added to their WATCH LIST.

My interpretation of that would mean, after the placing!!!!

pc

[megordon] 15/1/2005 12:09

I think some RHPS subscribers are going to be a bit upset when the placing happens and these fall to the 1p placing price again or even below.
Can't believe this was tipped with the knowledge a placing is about to happen which almost always results in a fall in price.

[dexdringle] 14/1/2005 13:09

If they can buy shares that don't exist, to get votes to make something happen on the strength of closing the trade after the vote with new shares acquired as a result of the vote, would have to be illegal wouldn't it ?

They'd have to genuinely acquire shares for sale from existing shareholders to do that wouldn't they otherwise that's blatant market manipulation for their own gain ?

Are we sure that 50% of the entire share capital was traded ?

[timbrooksbank] 13/1/2005 18:49

I have real certificates. The EGM is for real on 24th.

[dmhzx] 13/1/2005 18:42

Dex:

More or less what I was thinking. Hey, is it possible that by 'buying' on say a T20 deal, they can even get the votes for nothing???

We know from (I think it was EVO) that it's quite possible to short a company to the tune of at least 5 times its entire market cap. So if they 'buy' today on a T20, from somebody shorting, go to the EGM, push through a Yes vote and then close the trade ........(or if all looks OK, putting up the cash??

Well in that case folks we might as well give up and go home.

No that's silly. Not possible at all.


Now I wonder if I might crave an indulgence from anybody with real certificates??
All my shares are in a nominee and I haven't seen the real circular. According to the RNS the EGM is on Monday 24th Jan at 10:00 AM at BINNs in London. (but that was only provisional.) Does the circular make it definite?

I suppose I could email the company and ask them really?

By the way, still persuing various channels. Will keep you posted.

[e-mail] if you're interested.

[dexdringle] 13/1/2005 14:35

dmhzx

Tremendous note (number 247). Really made me laugh. I didn't realise the 'vote' hadn't happened yet. Yes, of course, it makes entire sense for the people getting the zillion new shares at 1p to buy enough of the current stock (at 1.5p or whatever) to ensure that the vote for the new shares goes through. That must be what's going on.

What I don't get is where the liquidity (sales) of the old shares are coming from to satisfy so many purchases. The cheeky bleeders couldn't be buying more shares than are available / exist and promising a balancing entry to the MM's or whoever from the new shares could they ? That would have to be illegal wouldn't it ?

Theres definitely something odd going on here.......

Dex

[dormrod] 13/1/2005 13:57

Hi dmhzx what kind of assets are we talking about at screen seems to me it would be a target if we are into tangibles