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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 176 to 198 of 450 messages
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
DateSubjectAuthorDiscuss
07/11/2015
11:44
pension fund regulator should step in and insist defecit be reduced.
charo
06/11/2015
12:30
Presumably connected with the changes to dividend taxation.
briangeeee
06/11/2015
12:20
is this not a special payment to concert party to reward them for losing bid.No suggestion at interim of such a proposal.indeed concern expressed at possible pension problem.
charo
06/11/2015
08:17
Nice Chart
minky
20/8/2015
14:23
should merge with coral products.
charo
19/3/2015
11:58
bet results only satisfactory to burrows and cronies on board.the shareholders are in a bind they cannot effect change because of control exercised by concert party but can only prevent change .result stalemate.
charo
22/12/2014
14:59
disgraceful burrows taking the p.
charo
01/9/2014
22:07
I wonder if the chairman thinks that any of the land assets of the co. are suitable to be used for housing ? (and hence the land could be sold at a much higher price)
smithie6
01/9/2014
22:02
and the indep. dir. should walk as well imo
smithie6
01/9/2014
22:01
just had a little scan .... amazing performance from the chairman.... no option imo but to walk... well, I guess with his large holding and doing certain services for the co. from his cos....that he wont ! How can the regulators let him get away with his conduct ?! (maybe since there arent any real ones !) ---- Chairman and indep. dir. soon to be added to blacklisted page a fulltimeinvestors.com tomorrow.
smithie6
13/8/2014
14:43
the board must have received other approaches the non execs need to man up or walk.
charo
12/8/2014
09:39
And so it goes on. The MYSTERY OF THE MISSING PROFITS, Part 2 Now showing at your local cinema. With Plastics much better, Boards better, Oman provisions lower,a 40 Tonne Hammer producing c. £1m revenue and sold, all adding up to a boost in underlying profits of c.WELL OVER £1m. What happens? Pre- Tax profits barely inching up. WHY ? The answer may be as follows. Further provisions on Oman (200k ?) Losses in Tex Engineering ( 300k?) Eurotex losses ( 200k?) ATC losses( 100k?) Bid Costs(100k?). So in 2013 underlying profits of £2m drastically slashed thanks to Oman. In 2014 underlying profits of over £2m slashed to less than half. Wheras every other Quoted company goes out of its way to emphasize how well it is doing Tex does THE EXACT OPPOSITE. WHY? We await the next bid attempt by the Chairman. Obscuring the real profits cannot be hidden from the cash flow statement. NET DEBT reduced by OVER 50% hence the begrudging rise in the dividend. At 78 years of age Burrows should now depart. New management with a remit to grow this business and to unlock shareholder value is urgently required.
tuscan4
11/8/2014
20:09
No doubt whatsoever in my mind, someone is trying to persuade shareholders the company is worth far less than it is and they would be well out of it. Looks like a case for a 'White Knight'.
rburtn
11/8/2014
19:36
That's the most downbeat commentary accompanying a 50% increase in interim earnings that I think I have ever read!
dab26
11/7/2014
13:09
The recent vote was 53% in favour. The paperwork for the offer reserved the right to come back with a conventional tender offer if the scheme of arrangement failed. 53% would have handed control to the chairman in a tender offer so this might yet happen (although a few may have sold in the market since) The question is, does he wish to have the hassle as he will still not have the full control he desires and it will probably draw attention of regulators after the failed scheme of arrangement and criticism from small shareholders. (I note the AGM statement did not give a breakdown of the vote and did not say resolutions were passed UNANIMOUSLY on a show of hands.)
aleman
04/7/2014
21:02
My reservation is that we have an executive which quite clearly is prepared to short change shareholders, time for those behind this exercise to fall on their swords.
rburtn
04/7/2014
19:12
Perhaps this will make the company wake up to the fact that there are shareholders ! I understand that they had so little regard for them, that those attending past AGMS held on the industrial estate were not even offered a cup of coffee!
bandari2
03/7/2014
11:44
Successful, but it's annoying the company has been so poorly advised, including by its non-exec directors. A needless diversion and waste of company time and cash
briangeeee
03/7/2014
10:21
Today's the day where we find out if small shareholders united have been successful.
lasmo
30/6/2014
16:45
May be of interest to others http://www.privatepunter.co.uk/Companies/weekly-column-july-1-2014
hastings
26/6/2014
16:12
Have Tex sold their 40 tonne hammer ? If so this would add several hundred thousand to this years pre - tax profits,and further illustrate the low value of the offer. Another cynical move by the bidder to deprive Tex shareholders of their rightful returns. Apart from the financials , morally this bid deserves to fail.
tuscan4
23/6/2014
18:45
Looks like Tex and Bidder have had their knuckles rapped by the takeover panel for not giving clear disclosure of all connected parties. I also wonder how the Directors of Tex can be seen as independent when they have to make a judgement with the chairman / major shareholder is sitting by their side.
lasmo
16/6/2014
15:18
AGM statement is the usual smoke and mirrors. Tex is desperate to hide the fact that profites this year will be £2m plus. No questions allowed at today's AGM.Hiding behind takeover rules..Tex Board must realise that a significant and growing number of shareholders are aware that the offer is inadequate, and that this Scheme of Arrangement will be defeated. The next offer(the Subsequent offer) needs to raise the exit price or they will end up without 100% control which is the LAST thing that Burrows wants. Vote to reject the Scheme of Arrangement
tuscan4
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
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