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SKR Sunkar

1.805
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sunkar LSE:SKR London Ordinary Share GB00B29KHR09 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.805 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Sunkar Share Discussion Threads

Showing 47726 to 47748 of 47950 messages
Chat Pages: 1918  1917  1916  1915  1914  1913  1912  1911  1910  1909  1908  1907  Older
DateSubjectAuthorDiscuss
02/8/2014
19:21
If Augustusgloop as you say, your only mission is to protect shareholders. Then why is the only course of action that you continually ram down peoples throats is the message that THIS ASSETT IS WORTHLESS !, SHARE HOLDERS HAVENT GOT A CHANCE !, sell out now. I NOTICE you have not gone as far as saying sell out now YOU CLEVER CLEVER BOY.
paulb10
02/8/2014
17:17
my agenda is to protect other PIs like myself that are willing to do a bit of research from being shafted by lying Directors.

I am successful in this - many that read my posts will have decided not to invest. Job done!

Many PIs decided not to do the necessary research (even though I spelt it out for them).
Many of these have lost big time.
Many tried to discredit me - (paulb included) to put new investors off doing the necessary research.

Look at my record here and elsewhere -- I have saved a lot of people a lot of money.
Is that not a worthwhile agenda?

augustusgloop
02/8/2014
16:57
Strange isn`t it!

Well if they are allowed to de-list there are only 3 more trading day`s left.
I hope to hear from the takeover panel on Monday re the de-list question. That does not seem fair atall that they can just de list and scarper off not allowing us to sell our shares even if they haven`t achieved the 90% which they can`t have done otherwise we would have had an RNS!
Hmmm Interesting!

one day soon1
02/8/2014
16:38
You know One Day Ive often tried to figure this over the last several years and spent much effort arguing with him but I've never managed to pin down his real agenda.
paulb10
02/8/2014
16:18
August what is your agenda?
one day soon1
02/8/2014
15:09
paulb,

you have to find a buyer yourself.
So you would probably be stuck with them unless you accept any price that SPAC decides to offer you for them.

After two years of no dividends and no information from the company, what price would you be willing to accept?

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

Imagine the situation - you want to sell your shares on the KAZ exchange.
Who do you think will buy them?

Who would want to buy into a company that is so illiquid that there have not so far been any trades?

Who would want to buy shares in a company that is 87% owned by SAPC?

How many English speaking brokers do you reckon there are on the Kaz exchange?

If I was SAPC and it came to this stage, I would place a standing buy order for all available shares on the KAZ exchange at 0.1p per share.

And even if you do sell, you will be hit by broker fees and massive currency swap fees.

augustusgloop
02/8/2014
14:14
If they do delist from the aim and if the remaining shareholders who choose not to sell, then how do you manage your share holding. I've been told by HSBC that you would be issued with certificates sent to you personally. It would appear to me that if you could find a broker who deals with the maze exchange you could forward your certificates to them and issue orders to sell or buy.. WHAT IS THE MECHANISM.

If the company goes private and delists from the kaz exchange Then what is the mechanism for selling your shares ?

paulb10
02/8/2014
06:09
Well I did get a call back from the takeoverpanel Yesterday evening after Market close. It was not the man who is looking at this case but he took down my comments and will pass them on. I asked If leaving the LSE Is just a formality and he said that it depends on certain things but wouldn`t elaborate.
So as the old saying goes, It ain`t over till the fat lady sings!

one day soon1
01/8/2014
20:25
Of course not, everyone in Kazakhstan knows the company isn't selling any fertiliser.
hereford29
01/8/2014
20:03
paulb10 1 Aug'14 - 19:50 - 9006 of 9007 0 0

Unfortunately the kaz exchange is not as liquid as the lse.

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

Understatement of the century.

there has not yet been a single SKR share bought or sold on the Kaz exchange

[At least not 3 weeks ago when I looked.]

augustusgloop
01/8/2014
20:01
Or you could offer them in payment for a contract on the board at the AGM, there are probably a few ak47 toting Kazakhs in London who are about to be deported in a dawn raid by Mr Cameron, they could flog them when they got home
hereford29
01/8/2014
18:50
one day soon if skr delist from the lse aim and you have your shares say held by say hsbc etc in a nominee account hsbc will then send you paper certificates. these paper certificates can be traded on the kaz exchange or you can find a broker who trades on the kaz exchange and send him your share certificates open your account with him and do what you normally do. Unfortunately the kaz exchange is not as liquid as the lse.
paulb10
01/8/2014
14:04
Thanks August It just gets better doesn`t it...not!
one day soon1
01/8/2014
13:34
AIM is like being a member of a golf club.

You have to ask to cease to be a member - but it is just a formality.

Nobody is ever refused.

augustusgloop
01/8/2014
13:30
Thanks Hereford. Do they actually need permission to de list or is that it? They state their intention to de list on the 7th August and that`s it?? Can`t sell them ever?? Is there any chance of a last minute rise on Wednesday? The day before de-list.
one day soon1
01/8/2014
13:23
You can go to the AGM and express your opinions directly (assuming it isn't cancelled because of a delisting). You can vote online for or against the re-election of Directors and the adoption of the audited accounts etc. You could try to get a lawyer to take on the case "pro-bono" or for a success only fee, in the US it is fairly easy to sue Directors of listed companies, even NEDs, for negligence, and this often happens by way of civil action cases where huge sums are involved. I don't think it is very easy to do that over here however.
hereford29
01/8/2014
12:48
Thanks Hereford.
So it seems to be all depending on if they are allowed to de list?
I tried calling Sunkars office...ha ha in London and just get transferred to an answer machine. On the 3rd call I asked the receptionist if anyone was in and she didn`t know!
I also called the takeover panel 3 times and no one has called me back from there! I cant believe they can do this. If I went into a Bank or building soc and stole just 50 pounds I would be locked up for several years. They seem to be getting away with a huge scam/fraud/whatever you like to call it scott free! What are your thoughts guys?

one day soon1
01/8/2014
12:08
after receiving over 75pc acceptances the offer is declared unconditional and the company can apply to delist. This has already happened. It needs over 90pc in order to be a mandatory offer, whereby it can make compulsory purchases of outstanding shareholders.
hereford29
01/8/2014
11:59
> 75pc

What does that mean please?

one day soon1
01/8/2014
11:28
August but they have only applied to de list and haven`t been given the go ahead yet And surely they need this 90% to de list?
one day soon1
01/8/2014
10:51
No, I wont accept 1.85p Dan. Sarcasm is a poor substitute for irony - I will try to get Almas' email address for you.
hereford29
01/8/2014
10:20
They are not greedy evil people...you must be more than happy with the 1.835p share offer. What a rather nice, fair chap Mr. Almas Mynbayev must be. I may even send him a thank you card.
danandrews
01/8/2014
10:20
one day,

they don't need 90% now - because once delisted, they can take full control of the asset at any time .

They just simply take it in payment of the debt.

That leaves you and the other holdouts with (say) 15% of SKR
But that is an SKR with no money, no mine, no buildings, no assets, no employees.
SAPC will save themselves about £1m by doing this.

You would still be listed on the KASE though.
For what that's worth for an empty shell company.

augustusgloop
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