||EPS - Basic
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Universal Dir. Share Discussion Threads
Showing 276 to 297 of 300 messages
Look at BRTR - you may well find the answer there.|
|I am the bemused owner of 20,000 shares from their original form when they were Medi@ , can any kind soul tell me how much the holding is currently (not)worth? Would be grateful for confirmation. Many Thanks|
|I am the bemused owner of 20,000 shares in in their original form when they were Medi@ , can any kind soul tell me how much the holding is currently worth? I think its in the realms of £600 but would be grateful for confirmation. Many Thanks|
|Ta Calamity, can't see a thing down here. Will slither over to new Board...|
|I Have.......try epic BRTR......and a new thread exists........this is now obsolete...........R.I.P..........just look above your last post nessie.....or is the water a little murky......|
|Er, I thought UDI was no more... why is it one of the big risers today??? And I can't find Bartercard listed yet.|
|New thread over here:
Let me know if you want any more links in the header.|
This is a summary - you can learn a little more by pressing the NEWS tag above.
(Adds further detail)
LONDON (AFX) - Logistics and pet accessories company Universal Direct Group
PLC said it has agreed a reverse takeover of Bartercard International Ltd for
217 mln new shares, or 95.9 pct of the enlarged share capital.
Universal Direct's shares were suspended on Feb 18 at 35 pence pending the
outcome of a mandatory offer for the group, which the company is now advising
shareholders to reject.
Bartercard is an Australian business-to-business trade exchange for barter
transactions, mainly for small and midsized companies.
In the year to last June, Bartercard had revenues of 49.1 mln aud and a net
profit of 2.35 mln aud.
Universal Direct said its existing logistics operations should benefit from
trading within the Bartercard network.
"Bartercard has a proven growth and profit history in Australia, a
geographically vast country, yet with a population of only 19 mln," Universal
Direct said, adding that it believes the company's business model will be
capable of improved performance in the more densely populated markets of Europe.
|Oh will you guys shut up. It was all just a distant memory (nah! Nightmare) until you brought it all back to me.
I haven't fully read what is happening with this company since the suspension so I wondered if someone could just post the bullet points...
|Thanks mad4IT.........yep I also lost a sizeable packet on the likes of Cedar.....still hold some notes they issued......Baltimore.......and a few other tragic examples of the dotcom era........but have lately come good with NSB......although that hasn't moved for the last year really......but it got me out a hole I'd dug me' self........and overall.. in profit over the past 4 to 5 years......so probably happier than some............but more by luck than judgement..me thinks...cheers.......|
|calamity - LOL! Your posts do make me smile. ;)
I'm sorry you got left holding the baby. But, there was no illegal manipulation. I saw an opportunity to buy an illiquid share that I believed had good potential and could go higher. I told others, in private, that I believed it was worth buying.
I never pump and dump shares on bulletin boards. But, from time to time, I still look for the same patterns on illiquid shares to take advantage of the same type of opportunities.
NB: If it's any consolation, because I was a novice trader back in 1999, I too lost loads of the profit I made when the bubble burst in March 2000. I was on holiday in Spain the week the market crashed and I came back to discover I'd lost £23k, that included most of the profit I made on MIN, but it taught me a painful lesson in prudent investing strategy.
Good luck with your investing.|
|Thanks......Nygen Yap.......hope it goes as you see it.......but for me the share price would now have to reach something like £17.84 for me to even break even........HA.........some hope.......as I say.. paper for the wall......I lost my chance back when.. apparently.. mad4IT.. by having confessed in public to manipulating the exchange with his channanigans (is there to many "n's")......with his partners in crime.......LOL........I'm goin' to the FSA to have him jailed......LOL.....weren't us.. who were just pawns and onlookers really silly.....to even think the company's share price was goin' up because the co' was about to become electrified because of what it was doin'.......a salutory lesson to be learnt....all in the dotcom era....that's if we learn by our mistakes.....charlatan's still abound then ...however I didn't buy in that period just held during that run.....and LOL.. after..why didn't you let me in on the secret mad4IT........CLT.......no hard feelings though ......it was my own stupidity and greed for not selling when it was up there.......but it was before I had a computor and relied on Teletex for prices and sat in my lounge watching it all happen.......before my very eyes......then I had to go to work as I remember.......and lost my chance.......to all newcomers to the world of share's "BE VERY CAREFUL.......YOU CAN LOOSE YOUR SHIRT".....especially with the likes of mad4IT doin' his thing.........|
|Oh well - bye bye UDI
|Wow! What a sentence!|
|NY......sorry but I was thinking of an old share I used to own.........Cedar...another mistake on my and others parts..I know......however probably not the same scenario...but.....we the small share holders now only hold.. what something like... out of the enlarged share issue...4 plus percent......hardly very liquid is it.....why would you think they were buying when they already were guaranteed 95 plus percent.....or offering to buy under the mandatory offer.....they virtually own the company outright but have a very nice listing now...which hasn't cost them anything......isn't that what It's all about......a reverse take over......the company being taken over by a smaller listed company.......in this case the company being taken over as such now having the controlling influence.......the said trio....... seem to have been buying UDI shares like mad over the past few months.........I reckon the next thing we'll see later is a consolidation of shares......say one share for a 1000......or even one share for 100.....bringing my holding.....which was once Medi@invest.....which I had a holding of 21,250 (20,000 @16.5p and 1,250 @ 35p)......they went up to something like 90p I think it was just before the dotcom disaster...anyway that's another story.......however those 21,250 shares are now 200 plus 13...after UDI's own consolidation of 1 for 100 some while back....so in my case.....if they made it 1 for 1000.......then I would have less than one share.........and they can vote in that sort of resolution with their vast holding....they will be able to vote in anything...they needn't even call a meeting ..even with 1 for 100.....I'd have 2 and less than one........now do you see why I am a little scynical.......you may ask ....why don't I sell.......well it's hardly worth it is it......what £60 less dealing and £4 less dealing......and they are in certificated form.........may just stick em' on the wall......to remind me ......what a silly old man I was some 5 or 6 years ago........could have sold then for nearly £20,000......makes yer' laugh or maybe cry when thinking about it............
anyway how do you see it.........|
Universal Direct Group PLC
25 April 2005
Universal Direct Group plc
to be renamed Bartercard plc
("Universal Direct" or the "Company")
Result of EGM
Completion of the acquisition of Bartercard
The Directors of the Company are pleased to announce that, at the Extraordinary
General Meeting held earlier today, all the resolutions proposed were duly
passed by shareholders.
Following the passing of the resolutions, the Company has completed Stage 1 of
the acquisition of Bartercard International Limited ("Bartercard"), which has
been satisfied by the issue of 206,585,998 new ordinary shares to the relevant
Initial Vendors in respect of 95.39 per cent of the issued share capital of
Bartercard. In addition, the name of the Company has now been changed to
Wayne Sharpe, Keith Springall, Murray d'Almeida and Andrew Federowsky, who are
directors of Bartercard, have today been appointed as Directors of the Company.
Application for admission of the enlarged issued share capital of the Company,
comprising 215,980,898 ordinary shares, to trading on the AIM Market of London
Stock Exchange plc has been made and dealings are expected to commence on 26
Completion of the acquisition of the balance of the issued share capital of
Bartercard (Stage 2) is expected to take place as soon as practicable.
David Wright, Chairman, commented: "We are delighted to have brought Bartercard
to AIM through this reverse takeover. Bartercard is a world leader in its field
and is growing rapidly. We see growth prospects for the Company all over the
Terms in this announcement have the same meaning as in the AIM admission
Document published by the Company on 31 March 2005.
Universal Direct Group plc
David Wright 07887 701 845
Alex Borrelli 020 7408 4090|
|Yep....think the low number of shares in issue are playing in our hands. Still believe this will rise to 50p near term, up until lock in period expires (6 mths down the road). So enjoy the ride. As the saying goes, buy before the herd does.
Calamity, are you being serious?|
|Just back from the wilderness - we are pleased that they are almost back to where we left them.|
|Any ideas why the rise this morning anyone?|
|You do not have to sell...........and in fact a director has advised to not sell............however the trio are still buying........I think in the end we will be in a position where all will have to sell to the trio.........and the company is theirs.........what is the magic figure 90% or something........they now have something like 70% between them.........|
|Anyone here subscribe to Citywire premier service? There's an article written by Edmond Jackson today "...impressed by Bartercard". Would be nice to know his view.
As I said, think the current fall is the spillover of pre-announcement spike up and a little of confusion among private investors, but will stabilise and rise again when EGM is out of the way. I have no concerns at all.
The encouraging fact is how proactive the current management is. share price falls and they immediately come out with RNS. Never bad having an-ex financial PR head as chairman!|