Springfield Properties Share Discussion Threads

[swizz] 04/12/2014 18:34

Another Concha in the making? With the majority of shares tightly held and high net worth stake building, it will be interesting to see how this plays out....GL S

[l0wrdr] 04/12/2014 13:17

Retraced from the high and looks like a lot of traders have gone. This has potential to make me some decent cash so im holding and accumilating at these levels. Missed WRN so im happy to have found a company with similar potential for a multibagger

[juicin drumroll] 04/12/2014 09:54

A Drummond pump & dump.

Trade it if you are brave enough but keep in mind it'll be a vehicle to enrich Drummond & his cronies at the expense of mug punters.

[marmar80] 04/12/2014 09:30

Moreforus, you recently must be doing well, can see you on rising shares. Well done! Join OXS board one day :)

[moreforus] 04/12/2014 09:12

seller cleared now tomboyb

[tomboyb] 04/12/2014 09:11

Morning -

Blue and a little unexpected - L2 is stong at 2 v 1

[moreforus] 04/12/2014 08:22

good promotioopn!

still only 1 buy...thus far

always supply so suspect that needs to dry up.....

[alexios1201] 04/12/2014 08:19

If you saw what WRN did in 1month(?),This will be bigger

[moreforus] 03/12/2014 15:57

lol mms on the run

[tomboyb] 03/12/2014 15:43

Looks like this may break out from it current position - Buying has intensified with interest.

[tomboyb] 03/12/2014 14:25

A buying opportunity perhaps -

[tomboyb] 02/12/2014 21:22

I think Rowland sold 100k - But overall up by 1mill shares - Based on previous annoucements.

Sell is relativly miniscule so he has upped by 1mill.

I think that this is his largest holding to date - But dyor on that.

[coolen] 02/12/2014 21:17

On 27th November, Rowland revealed an increase to 6%.

And tonight, an increase to 8%.

Did he have a larger holding prior to these announcements ? (As always, I stand to be corrected as I do not follow all the news).

[tomboyb] 02/12/2014 20:59

He sold a few and now he is buying back -

[coolen] 02/12/2014 20:52

Tonight, well after the market close, Mr Rowland has revealed an 8% stake in SPR.

[solarno lopez] 28/11/2014 07:06

COOLEN somewhat irrelevant as JUICIN DRUMROLL is utterly correct

[coolen] 27/11/2014 21:07

Rowland is well-connected. Something is going to happen !

[juicin drumroll] 27/11/2014 17:47

Anything any of the Drummond brothers is involved in will result in them making money & shareholders losing money.

[moreforus] 27/11/2014 17:33

Interesting RNs

[solarno lopez] 19/11/2014 10:28

Whilst they continue to issue themselves lots of juicy options without actually putting a great deal into the company.

[ryan83] 19/11/2014 10:17

further down that RNS


5. The Company's operations following the Disposal

Immediately following Completion the Company will be an Investing Company and its assets will comprise the cash from the Disposal (net of transaction costs of approximately £13,500) of minus £3,500 plus 94 per cent. of any book debts recovered by the Purchaser prior to Completion and existing cash resources of the Company (having deducted the investment made to date in KOG of £100,000) of approximately £260,000. In addition, given that the Purchaser is only acquiring the Assets, and the Employees of the Existing Business will transfer on Completion as a matter of law, all other current liabilities within the balance sheet of the Company as at Completion will remain with the Company following Completion. It is estimated by the Board that immediately following Completion net assets of the Company will be approximately £400,000 (taking into account the Company's existing cash resources, cash received from the Disposal on Completion and the transaction costs).





(having deducted the investment made to date in KOG of £100,000)

they havent confirmed yet the deal is closed, but basically the KOG deal is done as just need shareholder approval.


Subject to the approval of an investing policy and the disposal or realisation of the existing business in the Company, as referred to above, the subscription for the shares in KOG will be made through a cash investment of £150,000. The Board has been informed that KOG will use the cash investment to continue the process of re-opening another of its existing oil wells. In addition, this investment will enable KOG to commence fracking on one of the existing wells

[ryan83] 19/11/2014 10:12

from last RNS

In addition, the Company informed Shareholders of its intention to seek approval from Shareholders to the disposal or realisation effectively of the Company's Existing Business and Assets (with the effect of the Company ceasing to own, control or conduct all, or substantially all, of its existing trading business) and the adoption of an investing policy which is more in line with market trends and which could include oil and gas and the resources sector in general. The Company also informed Shareholders of its intention to acquire approximately 4 per cent. of Kentucky Oil and Gas plc through a subscription of £150,000 in cash for 3,333,333 new ordinary shares (being 4.5 pence per share) in KOG valuing KOG at approximately £3.77 million post investment.

[ryan83] 19/11/2014 10:12

from last RNS

In addition, the Company informed Shareholders of its intention to seek approval from Shareholders to the disposal or realisation effectively of the Company's Existing Business and Assets (with the effect of the Company ceasing to own, control or conduct all, or substantially all, of its existing trading business) and the adoption of an investing policy which is more in line with market trends and which could include oil and gas and the resources sector in general. The Company also informed Shareholders of its intention to acquire approximately 4 per cent. of Kentucky Oil and Gas plc through a subscription of £150,000 in cash for 3,333,333 new ordinary shares (being 4.5 pence per share) in KOG valuing KOG at approximately £3.77 million post investment.