Sunkar Share Discussion Threads

[augustusgloop] 07/7/2014 08:25

one day,

Is it really true to say that they valued the shares at 4.7p?

It was like them buying shares off themselves.

By owing the director's they effectively own the company.

If you assume that they money that went into the company found its way back to the owners of SAPC - then they effectively paid nothing for these shares.

In the end - if this goes through - the total cost of buyng the company back is simply: whatever they have already paid for their presnt shareholding bought on the open market + the number of shares held by others now * 1.85p

By my calcs, they are over £100m up - so paying a couple of milion £ to buy the company outright (and thus keeping the books out of the handsof any possible investigators) is well worth it.

[one day soon1] 07/7/2014 07:56

SAPC Valued the shares at approx. 4.7p when they bought 51% of the company. They fiddled the books and timings of payments to create panic and drive the shareprice down so that they could snap up the rest for 1.853p

No No No Hold out for 4.7p

We Now have 17.5 million shares that we know for sure are No`s
Confident there are the same number out there who either do nothing therefore reject or are rejectors who do not use bulletin boards.

[danandrews] 06/7/2014 22:11

With the deadline Tuesday, does anyone know the general turnaround for results in this situation?

[gekks] 06/7/2014 20:56

Not a big holding - 120k shares, Down 90%, would rather loose the rest then make it easy for SAPC

[faza3] 06/7/2014 19:47

so what your game sorry

[augustusgloop] 06/7/2014 19:45

moron,

what would be the point of a naked short position when there is already an offer on the table?

I don't think that you quite understand this investment game.

[faza3] 06/7/2014 18:42

Elbana is it true that you have opened naked short positions here and you need a couple of morons like me to sell you shares

[faza3] 06/7/2014 14:02

CAN YOU TELL US WHY

SPAC OWNS TEMIR ANY WAY

INTERESTING PART PAYMENT SOLUTIONS WHAT ABOUT THE REST OF PAYMENT
WHAT WITH REST OF THE PAYMENT THEY WILL SELL printer and FAX MACHINE FROM LONDON OFFICE HAHAHHAHAH

[augustusgloop] 06/7/2014 13:41

faza3 6 Jul'14 - 12:56 - 8732 of 8734 0 0

p10're right SKR is a British company and is subject to British law
any bankruptcy procedure would be the subject of British law
and the biggest injured would be SPAC

----------------------------

But the day before going bankrupt, they could sell Temir services to SAPC as part payment of the loan.

[faza3] 06/7/2014 13:29

SPAC lent unsecured 2.5 miles and they could DO the loan notes and for this amount of money he can get 100 million shares and have 75% of the company but this will take a year

instead SPAC borrowed 2.5 miles and the takeover will cost them 3mil dollars giving an account of 5.5 miles WHY WHY WHY

for us the only solution is to delay takeover they rushing so much that they even want to pay 3m/$ for shares

[faza3] 06/7/2014 13:11

NEXT YEAR THEY HAVE TO DO THIS

2014
300m/t
2015
5,000m/t

holiday is over and they do not have enough equipment to do it
million is a lot of but 5 mil/t they have to dig all year this will cost a lot of money

[one day soon1] 06/7/2014 11:29

Thanks for your post dsmith57. You state that you sold and got out. Fair play to you but if you had not sold you would probably be here with the rest of us trying to at least get a better offer here! Yes we have all been taken for a ride but this is not over yet. We can hold out for a better offer.

[augustusgloop] 05/7/2014 23:04

It would also be interesting to know who was the owner of the main contractor for the earth moving contract that didn't pay them.

Would anyone like to bet on them having a connection with SAPC?

Then SAPC gain full control and the bill is paid.
If not, there will be no payment and the cash position will just get worse until SAPC take the asset in lieu of the loans.

All of this was planned a very long time ago.

[faza3] 05/7/2014 21:34

it looks like you can not move on as well why are you reading this
you do not have nothing to do more exciting than this I'm guessing

but I agree with you dsmith57

[dsmith57] 05/7/2014 21:06

The standard of "comment " on here is pathetically lamentable. The simple fact is we have all been had. The Company was deliberately run into the ground. The DAR sales were kept deliberately low. The delayed payment for the earth moving contracts were timed perfectly. All the money that once was there was squandered deliberately. The long game was played and all have been screwed. Once upon a time I was almost 6 figures up. I was greedy and I paid for it. I got out but with a considerable loss. That's my fault. There is nothing that can effectively be done now. Can everyone just accept that unpalatable fact and learn from this sad affair. We all took the risk and it didn't come off. Suck it up and move on for God's sake. The last few pages of messages on here are just cringeworthy in their ignorance. Enough is enough!!

[faza3] 05/7/2014 20:13

elban I hope you know what is a date protection act and even these reports may be submitted anonymously
you got me for an idiot

[faza3] 05/7/2014 13:27

mate what are you talking about are you stoned this bb is waste of time

[augustusgloop] 05/7/2014 13:26

faza3,

If I reported them I would have to reveal myself.

Do you think that I am daft enough to allow somebody that was going to make £100m know who I am?

Remember, these guys are serious crooks.

[one day soon1] 05/7/2014 13:22

Been researching and found this from August 2009:

Now since Lawrence started selling down all their shares and any others that have come to the market seems to be have quite agressively bought up. Now who is buying these is another matter, but I cant believe it is PI's. Most have been sold and bought in tranches of 10, 15, 20, 25k, 50k and 100K, not the sort of trades normally bought by PI, who buy as many shares as say for example £5k will allow.

I wrote to SKR financial consultants Bankside a week or so ago, asking for clarification on significant shareholders, I never got a reply but a few days later the Lawrence holding was announced, not sure if my complaint had anything to do with it, but there is definitely some sizable change in holdings going on.

Now another little bit of info that could be of interest is that the only signicant shareholder apart from the directors to actual announce an increase in SKR is Sun Avenue Partners. Beneficial interest in Sun Ave is held by one Almas Mynbayev. Could be coincidence but the ex Deputy Chairman of the Kazakh State Agency for Regulating Natural Monopolies and Protecting Competition is one Almas Mynbayev.......for all I know Mynbayev could be the equivalent of Smith in england

[faza3] 05/7/2014 13:00

I want to draw your attention to one transaction Which took place on Friday

04/07/2014 11:45 GBX/ISDX-exn New 15,000 1.9

This is the message I want to buy

[danandrews] 05/7/2014 12:51

hxxp://www.russianipo.com/prospectus_files/Sunkar%20Resourses.pdf

Good work on collating the numbers.

[one day soon1] 05/7/2014 12:39

Hi dan,

Yes I would like to have a look at it. Let me think how to give you an email address that I am happy to put on an internet forum! Or is it possible to copy and paste it! or put it on dropbox or something?

I looked at the FSA Site and it is now the FCA.

email [e-mail]

Tel [phone]

I will call them on Monday.

Now have 5.5m on LSE for the no`s

[faza3] 05/7/2014 12:00

elban you should call the FSA and tell them
I'm surprised that such a wonderful dude did not do it for so many years yet
shame really you could stop them
pity it did not I called fsa but probably you do not have interest to do this

[danandrews] 05/7/2014 11:35

Many questions no substantiated answers. The initial admission doc covers quite a few of these points, if you would like a copy one day please let me know your email.