Socialgo Share Discussion Threads

[solarno lopez] 15/7/2013 14:59

Oh dear how unpleasant

[trent harris] 15/7/2013 14:56

I like the fact you can buy into a cash shell here and get shares in an unlisted social media company that despite its history, still has real revenues, customers and a lot of technology

All for a market cap of £300k!

[trent harris] 15/7/2013 14:48

RGFletcher

I also thought that they would sell the business assets to the Directors for nothing to steal the assets, or take the trading subsidiary into administration.

As it happens, they took it private and kept investors in the game. No one saw that coming.

You got that wrong, but you fail to mention that now.

[trent harris] 15/7/2013 14:44

Despite all that, I've bought quite a few shares today. I think that the risk reward is pretty good at a £300k market cap. You get two chances for your money. One on the shell and one on SocialGO.

[trent harris] 15/7/2013 14:43

I sold out when I realised that the executives weren't putting the necessary effort in. Some of the directors were taking massive holidays, the CEO refused to listen to customers' simple wishes and instead put all of his effort into getting on the tv and radio (desperately sad) and all but one of the non-execs were doing nothing at all.

Only exception was the marketing non-exec guy from partycasino, who got them loads of visitors to the site, but the second version was so bad, they couldn't make money on it.

The business plan was good, they had the cash, but they blew it.

[solarno lopez] 15/7/2013 13:14

Normality returns as people appreciate the future benefits

[fillipe] 15/7/2013 13:11

STGR - can only get online quote for 10k max.....21p asked.

paying over on the bid....paying 20.8p

f

[bobby.ifa] 15/7/2013 10:03

For the four sucess stories there are 1,000's of failures. Be realistic, please.

[traidemark] 15/7/2013 09:17

RGT did this and changed their name to ADI

look it up, lets just say it did not succeed

[phoenix1234] 15/7/2013 09:12

SocialGo almost SocialGone but the zombie never dies

[flopinfo] 15/7/2013 08:55

another cretin who got smashed up on this

TOP Traders Thread !!!! - CR

27macca - 07 Jun 2013 - 10:02:48 - 265171 of 276224

SGO sounds good to me that RNS, worth a dabble down here.


Chairman's statement

__________________________________________________________________________________________

I was appointed to the Board early in May with a mandate to review the Group's present operations and to consider options that might deliver greater value to shareholders. That review is now well advanced and I look forward to being in touch with you in the near future to update you on the progress that has been made.

The Board would like to express their thanks to the dedicated staff at SocialGO plc, all of whom have a stake in the future success of the Company.

Oliver Cooke

Chairman

6 June 2013

CEO's statement

TOP Traders Thread !!!! - CR

27macca - 03 May 2013 - 08:58:05 - 253417 of 276224

SGO being overlooked on what I think is very interesting news.


SocialGO Plc (the "Company") is pleased to announce the appointment of Oliver Cooke as Executive Chairman with immediate effect. Dominic Wheatley, the former Chairman, has taken on the role of non-executive director.

Mr Cooke has been appointed to the board of the Company with a mandate to assess its current operations and to propose a course of action that will deliver value to its shareholders, which may involve the disposal of the Company's current operations, acquisitions or new investment into the Company.

ALSO, this suggests there may be some buying from the new guy?��..

Mr. Cooke does not at present hold any shares in the Company.

TOP Traders Thread !!!! - CR

27macca - 03 May 2013 - 07:19:48 - 253301 of 276224

Yes indeed and it def needs medicine but this looks very good news to me at SGO with it being so low,it needed some new life pumped into it.

Sounds like he will be buying shares also after the comment at the bottom!!

[29howard] 15/7/2013 08:11

topinfo strikes again, he never fails to deliver

[orange1] 15/7/2013 08:10

The view of Techmarketview in an article headed "Sogialgo Going Finally"

"We had basically thrown in the towel with AIM-listed, social media SaaS pure-play, SocialGO a month ago after reporting its disastrous FY results. Now management has finally come to the same realisation that this was one lame duck that was never going to fly.

In a last-gasp attempt to salvage – well, I'm not sure what really – management has raised another £200k to keep the duck afloat while it tries to sell off the barely beating heart of the business and turn the carcass into – you guessed – an "Investing Company". According to the release, the new company "will initially focus on opportunities within the financial services sector located in the United Kingdom but may consider investments in other sectors or in other geographical regions that the Directors have expertise in." Or not, as the case may be, I suppose.

SocialGO floated on AIM in April 2004 (as a holding company to develop an interactive educational children's toy) at 90p valuing the stock at £13.5m. Its shares peaked at around £2 a year later. Clearly much has happened in between and the shares closed last week at 0.25p – a veritable 'farthing stock'!

The only positive thing to be said is at least executive chairman Oliver Cooke is not trying to hide behind his PR firm – you will find his mobile phone number at the end of the RNS release."

[flopinfo] 15/7/2013 07:58

those two cretins the_analcyst and Topinfo both 'did say' on this

good to see them destroyed

[flopinfo] 15/7/2013 07:51

those two cretins the_analcyst and Topinfo both 'did say' on this

good to see them destroyed

[apache_dropout] 15/7/2013 07:50

The only positive here is that Nobhead has been well and truly screwed over by his lord and master nicebutdim.

LOL LOL LOL

[the analyst] 15/7/2013 07:48

lol, I must have food on the brain - yes, a steak might be more enjoyable!

[yump] 15/7/2013 07:46

the analyst
15 Jul'13 - 08:15 - 5692 of 5696 0 0

"rather than give all shareholders a steak in the privately run company"

I think I would actually prefer a steak, at least I could enjoy it now.

[bobby.ifa] 15/7/2013 07:45

AIM conmen.