Spark Ventures Share Discussion Threads

[fuiseog] 30/7/2010 12:34

A bit more buying with the share price @ 8P to buy for a £5k purchase at midday today. The 1p divi must be encouraging some interest.

Anybody seen any comment in the media about the interims?

[fuiseog] 30/7/2010 12:22

It's the 'fonetic speling', a decline in standards that comes from 2 much texting.

[fuiseog] 29/7/2010 17:22

Prelims out at 10:00 today, and a purchase of 1000000 shares @ 7.38p at 15:30 (it wasn't me!), with a 200000 buy at 7.5P shortly after.

Highlights
-NAV increase from 11.8p September 09 to 12.8p March 10
-intention to distribute a further £4.1m (1p per share) after the AGM.

I would expect AGM before end of September, but that should be announced when we get the Annual Report in hopefully 2-3 weeks time.



Not exactly the resurection & the life CDLANEY, but things are looking up. Just as well you weren't cremated! -:)

I was expecting good things from SPK, and was very tempted to top up, but the rediculous spreads and poor liquidity put me off.

fuiseog

[harry rags] 19/7/2010 15:51

The Company should be able to advise when the next payment will be out :)

[johnstonp] 16/7/2010 11:14

Results due next week ?

[johnstonp] 29/6/2010 10:09

1.4m sold @ 6.25p

[johnstonp] 17/6/2010 14:12

a big transaction just gone through !
from where ?

[fuiseog] 07/6/2010 11:47

Seeing a few buys this morning perhaps encouraged by Fridays good news.

With prelims and annual report to come over the next few weeks, and AGM before end September, the resulting newsflow should help to narrow the NAV discount. Any announcement of a dividend would help and Fridays profitable sale has to be a step in the right direction.

[johnstonp] 04/6/2010 16:43

another good profit on a Spark investment. This time £1.57m becomes £3.4m to go into the kitty.
But all sells today at 6p

[johnstonp] 07/5/2010 11:06

Peter Lobbenberg has 3.1% of the shares.
Who is he ?

[johnstonp] 15/4/2010 17:27

4.96% threshold for River and Mercantile Asset Management

[machiavellianindian] 04/4/2010 19:34

u lot love the cash I prefer you struck off!!!

only applies to [] & isis the rest are free to do as they please including my favourite armani chav and unKle.....

favour isis and [] ur fate shall follow = prediction

:-

ps

Goodbye

[46maxon] 04/4/2010 19:31

there`s probably a 2p div to be anounced soon! x 500000 = 10k

[dyfiman] 31/3/2010 20:51

Hello Fuiseog.......
I was in these years ago, during the dot.com boom leading up to 2000. Sold at
a loss after the bubble burst. Can't believe the price now. Sad indictment
of mangement who've taken salary and fees during a long period of abysmal performance, share-price-wise. Bargepole and not, with might be the words
to play with. Good luck to you and best regards.

[fuiseog] 31/3/2010 20:00

ZZZZZZZZZZZZZZZZ.......OMG, wakey wakey, b&*g%r! What's happening? Somebody's spent £18,750.

Woulden't be a Director, do you think? It'll be an interesting wait to see if there's an RNS. He could be loading up in advance of the close period before results etc.

That's pure speculation on my part. But then stranger things have happened at Easter, by all accounts.

Please don't all jump for the buy button on my account -:) I think I'll stay out of hybernation for a little while.

Any other views?

[johnstonp] 31/3/2010 17:15

wow this share has seen Spring and woke up !
even though it is snowing.
500,000 buy after small selling.

[james dean] 15/3/2010 22:56

Lol - I think you are correct. I'll keep the buzzer on though.

Regards.

DYOR

[fuiseog] 15/3/2010 22:35

ZZZZZZZZZZZZZZZZZ.....shhhhhhh!.... just press the snooze button and go back to sleep, it won't last..........ZZZZZZZZZZZZZZZZ

[james dean] 15/3/2010 20:51

Good heavens - movement.

Regards.

DYOR

[johnstonp] 01/3/2010 16:01

just bought 10000 of these at 5.8p but showing as a sell
why is this ?
thought i would dip my toe in the water cos asste value is almost double this !

[fuiseog] 17/2/2010 17:50

They would be a buy if you want to stay in 'till the end if it's able to realise that 11.6p NAV or more. Disposals in the interim could realise some of this value sooner.

In the past 12 months the FTSE 350 as an example has advanced roughly 50% while SPK has advanced c. 15%, so the poor performance cannot be blamed on the market. SPK share price has dropped from somewhere in the region of 80% NAV to c. 50%.

Current buy/sell spreads of up to 15% and non existant volumes means nobody in their right mind (IMHO) would condider SPK a trading share.

The Board have shown themselves unable or unwilling to let the market know about the value in the shares, and I fail to see how the inherent value can be outed until the final wind-up. In the shorter term the December trading statement said "we do not presently expect that there will be any further dividend in respect of the year to March 2010."

Without some 'valuation events' I can't see the market closing up the NAV discount, but I'd be very happy if someone could give reasons why I'm wrong.