Sweett Grp Share Discussion Threads

[Abuse team] 17/3/2006 16:52

Post removed by ADVFN

[acquisitor] 17/3/2006 16:49

Quite a surprise! Though that with the two major stakes announced, we would be testing the highs again, but there seem to have been a raft of sells in the afternoon. I guess there's still an oversupply of stock, perhaps bought at the 25p placing price, so some people are making a quick turn rather than holding on. Shame - I was counting the profits!

Still, the company now has a pile of cash and could well be buying again soon.

[scumdog] 17/3/2006 16:28

Hey - wots going on - was looking good earlier on - now share price down - boohoo.

[scumdog] 17/3/2006 12:56

ANNOUNCED TODAY

MTI Wireless Edge Ltd. ('MTI' or 'the Company'), a market leader in the
manufacture of flat panel antennas for fixed wireless broadband, is pleased to
announce that today its shares started to trade on AIM with the ticker 'MWE'.

The Company's nominated advisor and broker, Corporate Synergy Plc, placed
approximately 15.4 million new Ordinary Shares at 39 pence per share and the
issue was well supported by investors in the UK, France and Israel.

The placement and sale raised a total of £7 million, representing £6 million (£
5.05 million net) new money to MTI and £1 million to its parent company.

[terry91] 17/3/2006 11:37

4 bid 1 offer next offer 32p getting interesting

[terry91] 17/3/2006 11:28

CSG L2 well on the up seems we might test break out soon.

[scumdog] 17/3/2006 01:40

Broker Corporate Synergy plans to bring the UK's biggest independent air conditioning installer to AIM in April. Fast growing Worthington Nicholls is looking to raise up to £15 million – for a debut market price tag of between £30-35 million – to fund growth in the UK and Europe.

[scumdog] 09/3/2006 09:54

Under embargo until7:00am 9March 2006

Gold Frost

Admission to AIM

Gold Frost ('Gold Frost' or the 'Company'), a designer, developer and
distributor of dairy kosher food products announces the commencement today of
trading in its ordinary shares on AIM.

As part of the flotation, Corporate Synergy Plc placed 12,857,142 ordinary
shares at 35p per share raising a total of £4.5m for the Company. The Company's AIM symbol is GLF.

[acquisitor] 01/3/2006 09:27

Quite a sharp drop this morning on no volume. Guess there's some bad news in the pipeline. Perhaps the placing of shares has not gone too well??

[renew] 23/2/2006 10:51

Look well overpriced at this level though.
Would be amazed if they can achieve same earnings per share with this enlarged cap.next year.Price might be squeezed for a while with the tie in. Looks unhealthy to me.Pity as looked to have rapid growth potential previously.

[acquisitor] 20/2/2006 14:04

i guess the durlacher is busy phoning institutions right now trying to flog the shares, hence the additional interest in the shares and the price rise. any significant stake will eventually have to be declared. shame there wasn't a rights issue, as i would have been happy buying more at 25p.

[renew] 16/2/2006 14:01

Anyone know how to find out where the rest of the shares are being placed.
Is the company obliged to release this info or only where directors are involved?

[acquisitor] 15/2/2006 17:33

Just noticed that existing CSG directors intend to subscribe to placing shares at 25p:

Name Position No. of Placing Total Number of Percentage of
Shares Shares to be Enlarged Issued
held on Share Capital
Admission
Edward Vandyk Chief Executive 2,000,000 7,787,991 5.75%
Oliver Vaughan Chairman 2,000,000 7,787,991 5.75%
Thomas Vaughan Director 400,000 2,154,824 1.59%
Les Allan Proposed 2,000,000 2,000,000 1.48%
Director

[acquisitor] 15/2/2006 17:24

A little surprised/disappointed at the size of the share issue to fund the purchase. Would have thought they would have drawn on more of the cash in the bank to fund the deal. Expect that the company sees other uses for the cash e.g. further purchases.

[india93] 15/2/2006 13:46

LONDON (AFX) - Corporate Synergy Group PLC, the investment bank and stockbroker, said it will acquire Rowan Dartington for around 13.4 mln stg in cash and shares in a move that will take the enlarged group into the top five AIM-listed specialist brokers.

CSG also said it will raise 12 mln stg via a placing of 48 mln new shares at 25 pence each.

It said it will retain the Rowan Dartington brand, staff and branches, and Rowan Dartington managing director Barrie Newton and Leslie Allan, ex-Lehman Brothers and Deutsche Bank, will join the board of CSG.

Rowan Dartington has funds under management of over 440 mln stg and a well-developed secondary dealing platform, CSG said.

The enlarged group will have 83 retained corporate clients. The larger client base will result in stronger recurring revenue streams, CSG said.

The company also said the move would create opportunities for further consolidation in the market.

[india93] 15/2/2006 13:42

£12m placing at 25p for acquisition

[acquisitor] 06/2/2006 17:22

Agree, Scumdog. I've been tempted to sell several times over the past two and made the mistake of selling 50k shares a few months ago. Will hold now, as I think the risk/reward ratio is still favourable. I think I will hold unless we see sentiment move away from the small company sector. A fall in M&A activity for smalles companies could well hurt CSG. Otherwise, I'm sticking with this one. Good choice of wine, Rivaldo!

[scumdog] 06/2/2006 12:13

Missed out on some good profits from other shares by selling too early.
Think this is a long term hold.

[india93] 06/2/2006 10:17

likewise - although interesting that not showing yet.

[rivaldo] 06/2/2006 10:09

Hmmm..decided to sell for an excellent gain over a couple of weeks. Always leave a bit for the last man, but the rise is a bit steep now, especially if the market turns in a few months' time. Good luck all.

[rivaldo] 06/2/2006 08:26

Nice start...

[rivaldo] 04/2/2006 14:47

Congrats Acquisitor, a case of PETRUS 1982, Pomerol would do nicely thanks - only £26k:


The review of CSG in the IC points out that of the £16m m/cap, £6m is cash, so you get £1.4m of operating profit for the remaining £10m. Funds raised more than doubled to £87m, and clients increased from 33 to 47. And the Rowan Dartington acquisition looks good assuming it's agreed as the icing on the cake.

[acquisitor] 03/2/2006 17:59

well, i've got a total of 400k of these, most of which were bought below 7p. any offers? drinks on me...;)

[rivaldo] 03/2/2006 16:10

And ending the day going to new highs..

[rivaldo] 03/2/2006 15:08

Breakout :o))