Spdr Glob Infra Discussion Threads

[oxford blue] 04/1/2005 16:09

All these movements are on very small volume i must say - which, as ever, with a stock like this, reflects sentiment rather than fundamentals. Rarely is stock in excess of £10k traded in any day with GIN.

Personally, I'm still looking for the light switch. :)

1610: up 21% so far today - that's serious!

[westernedge] 04/1/2005 15:53

Interesting moves but doubt anybody cares...
Time will tell... suckers rally or double your money...

[pay2click] 03/1/2005 08:42

Hopefully we'll hear some news this week.

[oxford blue] 31/12/2004 11:21

Explain, bold. The tsunami disaster does not seem to have affected Far Eastern markets as much as it might have. After all, we don't even know who the Indian company is ... or if there is one.

Happy New Year, Ginsters one and all!

[boldtrader] 31/12/2004 09:32

Trails gone cold here.Many perspectives may have changed since the tragic disaster on Boxing Day. Wishing you all a peaceful New Year.Cheers.

[sagem] 25/12/2004 17:52

GIN HAS GOT SOME XMAS SPIRIT.

[pay2click] 24/12/2004 12:00

There is still a lot of activity going on... I wonder if it's just hype?

[boldtrader] 24/12/2004 11:58

not heard any, Cheers.

[pay2click] 24/12/2004 11:46

Any news today?

[sagem] 23/12/2004 20:34

PAY2CLICK....SORRY no idea who the INDIAN COMPANY IS IT IS IMPOSSIBLE TO FIND OUT. Something is cooking and its not just a CURRY.

[pay2click] 23/12/2004 18:28

Thanks Sagem

I was wondering if you knew anything specific about this GIN story?

Like the name of the Indian company for example.....

[sagem] 23/12/2004 18:23

PAY2CLICK.....a BIT OF HISTORY

Nigel Robertson – Executive Chairman, Blue Star Capital plc

Nigel Robertson is currently non-executive chairman of Gaming Insight plc, Reflexion Cosmetics plc and a non-executive director of Spiritel plc. He is the former chief executive of scoot.com plc, formerly Freepages Group plc, of which he was the founder.

[pay2click] 23/12/2004 14:28

SAGEM - are you able to post any more information at this stage?

Can you also post any research links?

[rbonnier] 23/12/2004 13:54

2p that would be great.!Ho! !Ho! !Ho!...Anyone for a mince pie.?

[sagem] 23/12/2004 13:41

its an INDIAN COMPANY and they may have plenty cash in the Bank..the listing must be worth a lot to them and I can see the share price going to a minimum of 2p for starters. Nigel Riobertson know what he is doing because he has done it several times already.

[rbonnier] 23/12/2004 12:31

If this becomes the Christmas Punt It could reach the dizzy heights of 1.5p just depends on the buying.

[pay2click] 23/12/2004 12:08

"Can anybody offer any reason why it should go to anything better than a penny?"

Because it's christmas and that's when miracles happen - lol

But seriously, no I can't - but we will only know as and when we have more info.

[battery boy] 23/12/2004 12:04

I think that we'd all be happy if this one got moving again but whether or not it goes bananas we'll see.

The fact remains that there are nearly a billion shares out there and the company will have to raise money unless the newco to reverse in is in good shape already.

Needless to say that in order to reverse in the newco will want something back so who's going to give them a lump of stock? I'm guessing that the founding shareholders won't have too much left themselves following the numerous dilutions so I guess it might just need a new issue.

We can all of course play the percentage game and look to make 25% on a pure punt whilst the downside is limited. They wont close this one down because there's no overhead to pay any more and the Chairman seems willing to keep it going on the basis of a bank guarantee. They dont have to do anything with it for a very long time anyway.

For this one to raise any significant cash against a price down here will mean an almost doubling of the shares in circulation which seems like a ridiculous dilution meaning that the price can't really go to anything significant.

There are 840,000,000 shares out there (approx) according to the last accounts so that gives this shell a paper equity value of just over 2.5 million quid.

If say this newco had a paper value of £20 million quid, they'd want that much equity in the company so you'd have to give them at least that amount of stock.

If they did that then there would be almost 7 billion shares and if we assumed a generous valuation of say £30 million for the whole listing then the stock could only be worth 0.4 pence anyway.

Don't get me wrong, I've got a good few of these myself and I wish it back to sensible levels but I just can't see it.

Can anybody offer any reason why it should go to anything better than a penny?

Thanks

BB

[rbonnier] 23/12/2004 11:44

Very Nice if you had the nuts to buy at 0.006 was it.

[opthalmist] 23/12/2004 11:40

its rocketing

[pay2click] 23/12/2004 11:39

Oh right,

Thanks v much for explaining

[opthalmist] 23/12/2004 11:30

good news out
price goes up
3 market makers want to buy shares versus 1 market maker wanting to sell shares
this is very good for more rise

[opthalmist] 23/12/2004 11:22

news out on ACV, level 2 is 3 v 1