ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

SUB Subsea Res.

0.26
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Subsea Resources Investors - SUB

Subsea Resources Investors - SUB

Share Name Share Symbol Market Stock Type
Subsea Res. SUB London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.26 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.26 0.26
more quote information »

Top Investor Posts

Top Posts
Posted at 05/8/2013 23:18 by peterbill
rrr,

Thanks for that info. I too have some and busy watching what may happen, I do not plan to exercise them at the moment.

From the link above ...

Notice of exercising subscription share subscription rights.

We recently wrote to shareholders of the Perpetual Income and Growth Investment Trust plc subscription shares regarding the pending opportunity to exercise their shares.

For those shareholders who hold the shares within an Invesco Perpetual ISA or an Invesco Perpetual Investment Trust Savings Scheme, we informed them that should they wish to exercise their subscription shares on 31 August 2013, their application had to be received no later than 5pm on 20 August 2013.

With regard to the Invesco Perpetual ISA and Invesco Perpetual Savings Scheme investors, the letter, application form and the leaflet entitled 'Understanding Perpetual Income and Growth Investment Trust plc subscription shares' have been provided here:

ISA Clients

ISA Client Letter
ISA Client Exercise Application Form
'Understanding Perpetual Income and Growth Investment Trust plc subscription shares' leaflet

Saving Scheme Clients

ITSS Client Letter
ITSS Client Exercise Application Form
'Understanding Perpetual Income and Growth Investment Trust plc subscription shares' leaflet



You will have to access the wesite to open the links.
Posted at 22/3/2012 18:19 by kenmitch
PCGS remain excellent value and the share (now trading around NAV) holds up well on down days. THE best sub share for a cautious investor. Target 15% on the share price to 130p by the end of next year and the sub should double from 15p. Or invest £5000 in the share looking for 15% capital gain by the end of next year for a profit (excluding dividends) of about £750.

Or invest £1000 in the subs for a profit of around £1000 IF the share can get to 130p.

Thanks for starting this thread Peter... but is there any way of avoiding having to scroll through all the useful charts before finding the posts?
Posted at 05/3/2008 09:23 by p3dr036
Tombarr suggested to "email the FSA and question why Gleave ref number: MFG01024 is still registered as a fit an proper person with them, given the company's admission of misleading investors with him at the helm, and why Apollo Advisers Limited piotr@apolloadvisors.co.uk still see fit to employ him as a Director."

A good idea but frankly I doubt whether either of these will do anything.

I reckon that it would be a good idea to e-mail Simon Goodley who edits the Daily Telegraph Business Diary. His e-mail address is simon.goodley@telegraph.co.uk

There has to be a story in this saga!!

PG
Posted at 04/3/2008 20:01 by marwalker
Look I can tell there are many astute investors here.....
Tomorrow I plan to invest £100 seed capital in a metal detector. I understand there is some great wealth somewhere on the shores of U.K.
I propose to issue a million pounds worth of shares for this Great Enterprise. You must remember I have AIM fees , financial advisors , etc. to pay .... and of course I need to stay in rather expensive hotels while I am working.

You can join me in my good fortune.
Posted at 02/2/2008 08:21 by edmondj
Or HMRC threatening fines/prosecution if returns are not deadly accurate, compared with the extent and scale of misleading investors here.
Posted at 02/2/2008 08:09 by captainfatcat
Ed yes agree, it makes me sick when you think this country sends pensioners to jail for refusing to pay their council charges of a few hundred quid. Yet these guy fleece investors of millions.
Posted at 30/1/2008 00:15 by topinfo
William47-28 Dec'07 - 10:05 - 4648 of 4838


CASH INJECTION COMING FROM A PRIVATE INVESTOR.10P+ BY THE END OF JANUARY.RECOVERY WHEN SUBSEA INFORM THE MARKET OF 2 LIFTS.IMHO


Big LOL
Posted at 10/12/2007 19:18 by witteklip
Bystander3, SUB was a feelgood company that arose, like so many, on the back of a debt induced credit bubble. The era of quick buck PLC's that rely on gullible investors to fund the lifestyles of second rate 'management' is over - we are now heading for a deflationary depression by 2012.

SUB, i.m.o. is now sunk - great idea, wasted opportunity.

If they had the cash available they 'could' still get lucky. But they don't.

Last one out pull the plug.
Posted at 22/6/2007 14:02 by witteklip
The mistake these people make (and most public company management makes i.m.o.) is to communicate infrequently in carefully worded disclosures to their shareholders impelled by legal necessity - otherwise shareholders are basically kept in the dark about the true value and risk exposure of the company. Without total transparency how can we trust them? Without a level playing field with regards to access to discounted shares for funding how can we trust them? With their track record to date how can we trust them?

Read carefully between the lines of publicly disclosed information and we see that ordinary trusting investors could be caught out and fried alive by silver tongued management tiptoeing along a 'legally sound' tightrope but essentially being disingenuous. (If not why not total transparency and disclosure? Why the caveats? Are they just spineless incompetents unsure of their abilities and totally lacking in confidence in the company's future?)

An earlier poster argued that fund raising with discounted shares that was not open to the public was necessary as qualified investors meant that the funds could be raised more quickly due to fewer bureaucratic requirements. That might make sense in an emergency but do not assume that this means that the placing was open to all qualified investors either. As I've said before, I know of a private qualified investor who anticipated a fund raising and wrote to SUB before they announced the fund raising - but he wasn't invited to the sale and didn't even get the courtesy of a reply. By contrast insiders appear to have received all the paper they wanted.

Perhaps if you're an ordinary shareholder on this SUB you should expect to pay full fare but travel steerage while the crew get the Bollinger?

What SUB needs at a time like this, and at the very least until they're shipshape, is management who are competent but also good communicators - People who are open and deal their cards with rolled up sleeves are less likely to be mistaken for on-the-make magicians or cards sharps – especially after they've just participated in a devastating (to ordinary shareholders) disappearing trick.

Just my opinion.
Posted at 16/5/2006 12:15 by kael
Gold and copper prices plunge after a frantic day

· Volatility spooks investors while dollar is reprieved
· Shares fall sharply in London and Tokyo

Ashley Seager
Tuesday May 16, 2006
The Guardian

The price of metals such as copper and gold fell sharply from recent record highs yesterday, dragging stock markets lower. Meanwhile investors were piling back into dollars. Economists warned that volatility in financial markets could continue for some time because big moves in asset prices, from gold to shares and bonds, have spooked investors, who are becoming concerned about higher inflation and threats to global growth.

Copper closed trading in London at about $8,000 (£4,200) a tonne, down nearly $500 after a frantic day's trading on the London Metal Exchange in which the metal, widely used in electronics and plumbing, fell as low at $7,700. Nickel and platinum also tumbled as did gold, which fell as low as $687 an ounce, down from a 26-year high of $715 an ounce on Friday.

Article continues
The prices of many metals have shot higher this year as speculative investors have added to strong demand from the rapidly growing Chinese economy, which is sucking in raw materials at an unprecedented rate to feed its growing industrial base. Copper prices, even after yesterday's fall, remain twice as high as they were at the beginning of this year. Stock markets also suffered a bout of weakness as mining stocks were sold off in line with weaker commodity prices and as investors fretted that higher inflation, due to higher commodity prices, could lead to a rise in global interest rates and lower economic growth.

The FTSE 100 Index, which last week set a five-year high of 6137, fell at one point to its lowest since February this year, but later recovered and was down more than 1%, or 70 points, to close at 5841, the biggest two-day fall since September 2002. Share prices in Tokyo and Hong Kong fell sharply earlier in the trading day though US shares were steady late in the day after slipping on Friday.

The dollar, which has fallen nearly 8% so far this year against the euro and 6% against the yen, initially continued last week's sell-off in Asian markets before benefiting from the markets' nerves as investors returned to the greenback, pushing it up against sterling and the euro. In late trade it was just over $1.88 to the pound and $1.28 to the euro.

Some analysts were not surprised by the falls in metals and share prices. "With the year-to-date moves we have seen, and the sort of speculation that has occurred, one has to say the time is ripe for some consolidation," said Andrew Milligan, head of global strategy at Standard Life Investments. He did not think, however, that the current turbulence in markets necessarily heralded a much darker future of falling prices, a collapsing dollar and economic slowdown. The world economy remains strong, corporate profitability is good and stock markets do not look particularly over-valued, he argued.

"But I think this volatility could continue for some time. A number of toxic events such as higher commodity prices, a falling dollar and rising world bond yields have all come together in the last week or two."

Stephen Lewis, a veteran economist at Insinger de Beaufort bank in London, put the market moves of recent weeks down to a classic pattern that happens when central banks around the world raise interest rates in unison. The US Federal Reserve raised rates to 5% last week, the European Central Bank has been raising rates and the Bank of Japan, while leaving rates at zero, has been removing liquidity from the Japanese financial system.

The period of excessively low global interest rates that existed from 2001 until now, is well and truly over, he says, and this has only recently dawned on financial markets as bond yields - interest rates set in markets - have risen sharply.

"It is unusual for all market prices, bonds, equities and raw materials, to move in the same direction. When it happens, it is almost always in response to a change in liquidity conditions. The central banks can feel happy that the monetary brakes are still working. The key question now is how rough the ride will be before the markets settle to cruising speed."

Analysts do not think yesterday's dollar bounce means a prolonged recovery for the US currency, however, since it remains under pressure from the huge US current account deficit, which would require a big fall in the currency if it were to be eroded. The dollar in fact started falling against a basket of major currencies back in 2001, but the fall was interrupted last year by a steady stream of interest rate rises from the Fed, which increased the attraction of holding dollar assets. Now the Fed's tightening is drawing to a close while it has much further to run in Europe and Japan.

Analysts at brokers Charles Stanley argue that the dollar downtrend is now well under way. "[The] decline has further to go," said Jeremy Batstone, director of research.

World markets: Taking the temperature

Tokyo Nikkei 225

The Nikkei 225 index fell to its lowest close in two months as investors continued to sell off leading exporters' shares, such as motoring and electronics companies, on the continuing strength of the yen against the dollar.

The index dropped 0.7% to 16,486.9, its lowest close since March 17. Over the last five trading days, the index has dropped 4.7%.

The dollar stands at around ¥109.69, dipping below the key ¥110 barrier. Canon, Toshiba and Honda were some of the biggest losers.

Hong Kong Hang Seng

The Hong Kong stock market fell sharply for a second session. The Hang Seng index dropped by 2.4% to 16,494.8 from a six-year high of 17,301 earlier this month.

The roaring growth in the Chinese economy - 10.2% in the first quarter - has sucked in raw materials at a very rapid pace and is held responsible, at least in part, for the big rises in oil and metal prices this year.

Investors' fears are increasing that growth in China is unsustainable and the economy is at risk of overheating.

New York Dow Jones

The dollar, which has been sliding steadily this year, fell sharply in early Asian trade but then bounced back as investors fretted about falling stocks and metals prices. It rose to just over $1.88 to the pound and $1.28 to the euro. But analysts think the greenback is on a firm downtrend because of the USA's huge current account deficit and that yesterday's rise was little more than a blip.

London FTSE 100

Rising commodity prices and a plethora of bid stories drove London's leading shares to a five year high just three weeks ago. Since the FTSE 100's recent peak of 6132.7 on April 21, however, a more cautious view has taken hold. Analysts are concerned about the strength of the dollar and the effect of the commodities boom on inflation. Yesterday saw the biggest two day drop on the FTSE 100 since September 2002. But most market watchers feel that talk of a 1987-style crash is overblown, and suggest the current weakness is a necessary correction.

Commodities

Key commodities fell by as much as 10% yesterday pulling down stock indices and creating volatility in emerging markets. Zinc dropped 10% before recovering slightly to $3,450/3,550, copper plunged by 9% to $7,700/$7,900 a tonne (over $1,000 below its high of $8,800 last Thursday) as investors were quick to sell fearing a slowdown.

Aluminium: down to $2,930/$2,980 from $3,095 on Friday.

Oil and gold fell 2%. By yesterday morning, US light crude dropped $1.66 to $70.38 a barrel.

Your Recent History

Delayed Upgrade Clock