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Share Name Share Symbol Market Type Share ISIN Share Description
Tex Holdings Plc LSE:TXH London Ordinary Share GB0008850470 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 73.00 0.00 0.00 0.00 0.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 40.4 -0.7 -9.3 - 60

Tex Share Discussion Threads

Showing 426 to 449 of 450 messages
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
DateSubjectAuthorDiscuss
21/5/2020
08:47
The communication of this board is appalling .They are required to follow up on their previously announced statement in march that results will be reported in april. Previous year was a disaster exposing all manner of poor conduct . Still can't see the present board being acceptable to regulators.
charo
06/5/2020
12:52
roberts spot on.
charo
05/5/2020
11:24
I love reading the balance of charo and aleman, so did some research of my own from companies’ house. You’ll be aware of all this, but I wanted to put it in a post to remind me and so I have it in one place. From December 2018 TXH accounts (and the Edward Le Bas Limited + Le Bas Investment Trust Limited accounts at 31 March 2019) there is at least 31.4% control from Mr Burrows and family (maybe more if they don’t have to disclose holdings less than 3.0% in TXH accounts). The Directors, mainly Chris PT who has 180,000 shares own nearly 3.0% combined. I’m surprised to see Chris Parker with £100 of shares, significantly less than I do and doesn’t show much faith from a Director in the business. Edward Le Bas Properties Limited is a business that owns industrial estates valued at £42m over which Barclays have taken security for the £10m loan they made to ELBP, “of which £7m was subsequently loaned to a connected company, with interest payments recharged at a margin plus the prevailing LIBOR rate over the term of the loan” (ELBP accounts) can’t wait to see what the "margin" is, given I assume this has to be mentioned in the TXH accounts to 31 December 2019 as a related party transaction. Barclays security is over Claydon Business Park, Great Blakenham, The Hamiltons, Chesterton Road Cambridge and Jubilee House Cambridge, a combined valuation of £42m and a £10m loan is around 25% LTV. I guess depending on the income from the tenants of the freehold properties owned by ELBP (£650,000 of which came from TXH and its subsidiaries in the year ended 31 December 2018), surely the bank would gear up on these properties to enable a take private by Mr Burrows and family. Offer price of course fundamental to any take private, but I suggest the only fair way is to look at a VWAP of the 90 days prior to suspending the listing on 29 April 2019 and add “a margin” to this. The other routes are sell/merge, but what a time to try that, whilst the majority of the board are all still shielding, and Chris Parker is about to leave. What’s the betting they take advantage of the extra 2 months afforded to plc’s to complete their accounts for this year because of Covid – and where’s the announcement to read from the directors which will make more interesting reading than this?
roberts2274
05/5/2020
10:37
Frustrating isn't it? I want to comment and support but there's not much new to say. We just have to suck it up and wait for news. And they wonder why AIM stocks end up on such low ratings. I've been ripped off several times, although that has to be balanced by the fact that I've also made lots of money on them because of the low ratings. It's a tough world to navigate.
aleman
05/5/2020
10:23
What is needed is a truly independent chairman and non execs who will kitchen sink results realign asset values with cash generative capability and force concert party to make bid or seek a merger or takeover. If burrows junior wishes to take control then pay the price. This company and its conduct are an affront to market regulations. If not such a tiddler would be major scandal,
charo
04/5/2020
08:28
When will this shambles be over.
charo
01/5/2020
09:03
The company is required to make an announcement.
charo
30/4/2020
22:35
Age is not the issue competence is.
charo
30/4/2020
17:31
Without being to personal given the age of the board they are very vulnerable to COvid they are effectively pensioners
pictureframe
30/4/2020
17:03
Yet again this board fails.The authorities should simply announce they will not be allowed to relist under present regime.
charo
30/4/2020
12:18
Already suspended,can they be delisted?
charo
29/4/2020
15:34
I suspect suspension
pictureframe
29/4/2020
15:04
You seem to be assuming results do not come out in the afternoon. Last two were 12:47 and 15:37.
aleman
28/4/2020
13:56
To the wire.
charo
27/4/2020
09:11
Three days to accounts.
charo
19/4/2020
09:24
Apart from Chris - who has handed in his notice - I assume the board are shielding for three months
roberts2274
18/4/2020
14:51
Previous auditors report on 2018 account devastating in findings.. Price bailey not adequate for role in auditing a listed company . The board needs to resign or bid again to take private. Alternatively merge with another business diluting influence of concert arty and new blood on board.
charo
18/4/2020
14:04
I'd forgotten they said results to be in April (although that is the norm). Thanks for reminding me.
aleman
18/4/2020
09:05
Looking forward to price bailey's audit report and the anniversary of de-listing - 8 working days - tick tock
roberts2274
09/3/2020
12:09
this is ridiculous shareholders completely in the dark.board are a disgrace.
charo
20/2/2020
15:51
In 6 months time, who cares What's going on with this publically de-listed private company with sore thumb minority shareholders
roberts2274
20/2/2020
12:40
Parker to stand down from the board.
battlebus2
06/2/2020
08:22
This is now a travesty.The board needs to reform around a new independent chairman with a strong CEO and recognition that the burrows group has a legitimate interest in board representation. Alternatively take private with a bid to buy out other shareholders. Panel should determine that concert party needs to make such an offer.
charo
21/1/2020
09:28
The problem is the board.
charo
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
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