Share Name Share Symbol Market Type Share ISIN Share Description
Zamano LSE:ZMNO London Ordinary Share IE00B1G17W46 ORD EUR0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 4.00p 0.00p 0.00p - - - 0 06:32:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mobile Telecommunications 27.4 -4.5 -4.6 - 3.98

Zamano Share Discussion Threads

Showing 726 to 748 of 750 messages
Chat Pages: 30  29  28  27  26  25  24  23  22  21  20  19  Older
Yes, it's a shame really. There are loads of deals that could have been done but no apparent interest in doing one. Waste of a listing.
Plans for this by the end of the month - but shares to be suspended in the meantime.
Word on the street is that they are ONLY looking to return cash to shareholders. So I would expect some news soon. Nothing to see here.
Zamano now needs to get a deal going or return some of our cash. (Or both). Maybe we should by a block chain tiddler . . . Any news would be positive.
Time/Date Price Volume Trade value 10:08:11 04-Dec-17 4.25 50,000 2,124.50 10:01:13 04-Dec-17 4.25 35,000 1,487.15 15:57:06 01-Dec-17 4.15 50,000 2,075.00 12:04:26 01-Dec-17 3.88 20,000 775.00 08:07:02 30-Nov-17 4.14 23,957 993.02 The ZMNO share price is perking up after a quiet period, to its current 4.125p (3.75 - 4.5p). There have been four trades already this month, which can be a lot for this share!
hedgehog 100
Interesting that someone is willing to pay in excess of the offer price for 210k at 4.75p
How's Michelle doing ? :-]
30/08/2017 14:49 UKREG Zamano PLC Results of EGM "The board of zamano is pleased to announce that all the resolutions proposed to shareholders at the extraordinary general meeting held in Dublin on 30 August 2017 were duly passed. As set out in the Company's announcement on 11 August 2017, following completion of the disposal, zamano will be classified as an AIM Rule 15 cash shell pursuant to the AIM Rules and an investing company under the ESM Rules. Accordingly, the Company will then have a period of six and 12 months under the AIM Rules and the ESM Rules, respectively, to complete a reverse takeover before trading in its shares will be automatically suspended by the relevant exchange. Further details of, inter alia, the Company's investing policy can be found on the Company's website"
hedgehog 100
"Frantic Demand for Euros Heaps Fresh Pressure on Pound Sterling Modified: Tuesday, 29 August 2017 17:55 Written by Gary Howes The Euro is on the charge against the US Dollar once more and the British Pound has been caught in the crossfire. It’s the Euro show today. The single currency has surged through a key barrier against the US Dollar which means the Euro is steamrolling other major currencies. The EUR/USD broke above 1.20 in a move that stimulated demand for the Euro right across the board. Pound Sterling is giving away ground as a result; the Pound to Euro exchange rate is down 0.30% at 1.0758 ensuring a fresh eight-year low for the pairing. But, Sterling's fall is less than the 0.50% decline suffered by the Dollar which suggests the Pound is putting up a touch of resistance. This is a technically driven market right now and some of that support for the Pound is coming from a GBP/USD which is higher by 0.20% at 1.2950 owing to a repricing of expectations for the next US Federal Reserve interest rate rise. Markets have pushed the date back further with market pricing the next rate might only come in September 2018. This is well below the Fed’s own expectations and has pulled the rug from below the US Dollar. …" HTTP://
hedgehog 100
ZMNO's strong cash position reminds me of the £3M that the acquisitive CTP (Castleton Technology, formerly Redstone) started out with in late 2013. And within two years CTP had more than 8-bagged from its low of 10p to over 80p, on a series of acquisitions. 31/12/2013 07:00 UK Regulatory (RNS & others) Castleton Technology PLC Unaudited Interim Results to 30 September 2013 " ... Group net borrowings of GBP4.2 million (2012 GBP1.6 million). All borrowings repaid subsequent to the period end following the disposal of Comunica, returning the Group to a net cash position of approximately GBP3.0 million immediately on disposal -- Group now set to seek new opportunities in the technology sector David Payne, Chairman of Castleton commented: "The disposal of Comunica presents a good opportunity for the Company, led by an experienced management team, to seek opportunities to maximize the value of the remaining trading businesses in order to generate higher returns for investors, which may include strategic acquisitions within the technology sector. The net cash position will be invested for these purposes." "
hedgehog 100
From ZMNO's EGM Circular: "8. INVESTING POLICY Following completion and the passing of the Resolutions, under Rule 15 of the AIM Rules and Rule 15 of the ESM Rules the Company will become a cash shell with no new material trading activities. The Board is therefore seeking Shareholder approval (Resolution 2 page 13) for the investing policy set out below to examine potential opportunities to be satisfied by cash and / or shares in a single transaction which will amount to a “reverse takeover”. The Company’s investing policy is to seek to invest in and/or acquire companies with either strong existing profitability or significant growth potential, in the, inter alia, manufacturing, service activities, or extractive industries/exploration. The Directors intend to focus primarily on the UK and Ireland where the Directors believe that there are suitable opportunities, although other countries may also be considered to the extent that the Board considers that value opportunities exist and attractive returns can be achieved. In selecting investment opportunities, the Board will focus on businesses that are available at attractive valuations and hold opportunities to unlock embedded value over the medium term. The Board will seek to invest in businesses where it may influence the business at a board level. The ability to work alongside a strong management team to maximise returns through revenue growth will be something the Board will focus upon. These criteria are not intended to be exhaustive; however, zamano may make an investment which does not fulfil all the investment criteria if the Directors believe that it is in the interests of Shareholders as a whole to proceed with such an investment. Any acquisition by zamano will be put to Shareholders for their approval pursuant to Rule 14 of the AIM Rules and the ESM Rules at the appropriate time. It may be considered appropriate to take an equity interest in any proposed business, which may range from a minority position to 100 per cent. ownership. Any investment is likely to be made into an unquoted company and structured as a direct acquisition. As zamano’s financial resources are likely to be invested in just one investment, this acquisition is also likely to be deemed to be a reverse takeover pursuant to Rule 14 of the AIM Rules and the ESM Rules. zamano does not currently intend to fund any investment with debt or other borrowings, but may do so if appropriate. The Company’s primary objective is that of achieving for Shareholders, over time, both capital growth and income through increasing profitability coupled with dividend payments on a sustainable basis. The Directors believe that the collective business experience in the areas of acquisitions and corporate and financial management of both the Directors and of the Company’s advisers and Shareholders will assist the Company in the identification and evaluation of suitable opportunities. Subject to the approval of the investing policy by the Shareholders at the Extraordinary General Meeting, the Company will become an AIM Rule 15 cash shell pursuant to the AIM Rules and an investing company under the ESM Rules. Accordingly, the Company will have a period of six and 12 months under the AIM Rules and the ESM Rules, respectively, to complete a reverse takeover before trading in its shares will be automatically suspended by the relevant exchange." "Dated: 14 August 2017" HTTP://
hedgehog 100
15/08/2017 15:37 UKREG Zamano PLC Posting of EGM Circular "On 11 August 2017 zamano announced that it has entered into a conditional sale and purchase agreement to sell the entire issued share capital of its wholly-owned subsidiaries which operate the Premium Rate SMS business representing all of the Company's operating business and assets, Zamano Solutions Limited and Zamano Limited, to Kilavan Holdings Limited, subject, inter alia, to approval by the Company's shareholders (the "Disposal"). zamano announces that it has despatched a circular to shareholders convening an extraordinary general meeting of the Company (the "EGM") for shareholders to consider and, if appropriate, approve the Disposal. The EGM will be held at The Conrad Hotel, Earlsfort Terrace, Dublin 2, Ireland at 9.00a.m. on 30 August 2017. A copy of this announcement is available on the Company's website: hxxp:// A copy of the EGM circular is also available at hxxp:// and is available for inspection during usual business hours on any business day from the date of this document until completion of the acquisition at the offices of Eversheds Sutherland, One Earlsfort Centre, Earlsfort Terrace, Dublin 2, Ireland. "
hedgehog 100
ZMNO has risen 0.25p today, to 4.0p, market cap. £3.98M. In comparison, the expected EUR5.3M. gross for distribution to shareholders &/or an acquisition equates to £4.82M. (£1 = EUR1.1).
hedgehog 100
After-hours ZMNO RNS On Friday: 11/08/2017 17:27 UKREG Zamano PLC Disposal Announcement "Disposal of All of the Company's Operating Business and Assets zamano announces that, further to the announcement on 9 August 2017, it has entered into a conditional sale and purchase agreement (the "SPA") to sell all of the Company's operating business and assets to Kilavan Holdings Limited (the "Purchaser" or "Kilavan") (the "Disposal"). … Following completion of the Disposal, zamano will retain cash of approximately EUR5,582,000 out of which it shall discharge existing Plc liabilities and transaction expenses related to the Disposal of approximately EUR282,000 and will have no other significant assets or liabilities. Following completion of the Disposal, the Board will commence the process required for the company to be in a position to make a return of cash to shareholders. Such process is expected to take up to six months. During this time, the Board considers it is in Shareholders' interest to continue to examine possible investment opportunities whilst this process is ongoing. The Board confirms that any material or significant investment opportunity will be conditional on Shareholder approval being obtained. The Disposal constitutes a disposal resulting in a fundamental change in business of zamano pursuant to Rule 15 of the AIM Rules and the ESM Rules and requires the approval of the Company's shareholders ("Shareholders"). Contingent on the approval of the Disposal by Shareholders, the Company will become an AIM Rule 15 cash shell pursuant to the AIM Rules and an investing company pursuant to the ESM Rules. Accordingly, the Company will have a period of six and twelve months under the AIM Rules and the ESM Rules, respectively, to complete a reverse takeover before trading in its shares will be automatically suspended by the relevant exchange. The Company will also seek Shareholder approval for its investing policy. A circular, which will contain further details of the Disposal and the investing policy (the "Circular") is expected to be posted to Shareholders shortly and will also be available on the Company's website at … Notice of the EGM to approve the Disposal and the investing policy will be included in the Circular that will shortly be posted to shareholders and it is expected to be held at the Conrad Hotel, Earlsfort Terrace, Dublin 2 on 30 August 2017. … -- Investing policy will have a focus on target companies with either strong existing profitability or significant growth potential, operating in both cases in attractive underlying markets. … Future Strategy and Investing Policy Following the Disposal, it is estimated that zamano's net cash position will be approximately EUR5,582,000, which will be used in part to discharge zamano's existing Plc liabilities and transaction costs related to the Disposal of approximately EUR282,000. Following the discharge of such liabilities and transaction expenses related to the Disposal, it is expected that zamano will retain approximately EUR5,300,000 of cash, and will have no other significant assets or liabilities. … "
hedgehog 100
the expected return for shareholders is better than I feared, so think I will be supporting this disposal strategy
Yes HugePants, In its 31st. March final results, ZMNO stated that " ... a decision is expected to be made during H1 2017." So we are now over a month overdue. However, ZMNO's recent recovery to 3.9p is a bullish sign. And ZMNO's AGM on Wednesday could provide a timely opportunity to update the market. 31/03/2017 07:00 UKREG Zamano PLC Final Results "... In light of this, the Group took the decision in early February 2017 to formally wind down the existing business lines in order to protect the cash position on the balance sheet. The wind down of the existing business lines is ongoing and the Board is currently considering alternative strategic options. In the absence of a timely strategic alternative, the Group will look to maximise its cash position and make a distribution back to shareholders. The zamano Board is focused on conserving the Group's strong cash position by optimising our withdrawal from our existing business lines and the Group remains fully committed to supporting its clients and providing a high level of customer experience and service during the wind down process. ... This profit after tax, excluding the impairment charge, led to a further improvement in the Group's net cash position. At 31 December 2016, net cash was EUR7.2 million, an increase of EUR0.9 million over the 31 December 2015 net cash figure of EUR6.3 million.... (b) Going concern As explained in the Directors' Report, detrimental regulatory changes introduced during late 2016 have impacted both the Group's performance in the short term and the ability of the Group to sustain profitability going forward. In light of these changes, in February 2017, the Board took the decision to formally wind down existing business lines over the course of 2017. The Board is currently considering alternative strategic options for the Group beyond the cessation period for existing operations, one of which includes a liquidation and distribution of the Group's net assets to its shareholders. No decision has yet been made over the Group's strategic options however a decision is expected to be made during H1 2017." 27/06/2017 17:06 UKREG Zamano PLC Posting of Annual Report & Notice of AGM "zamano plc is pleased to confirm that its Annual Report & Accounts for the 12 months ended 31 December 2016 have been published and sent to shareholders. The Company is also pleased to announce that its Annual General Meeting ("AGM") will be held at 11am on 9 August 2017 at the Conrad Hotel, Earlsfort Terrace, Dublin 2 and the notice convening the AGM is contained in the Annual Report & Accounts which has been posted to shareholders. The Annual Report & Accounts and Notice of AGM are available on the Company's website"
hedgehog 100
I see someone has paid 4.3p for 60,000. Maybe they need a new broker? AGM in Dublin on 9th August. Anyone going? We are well overdue an update on the future strategy.
Looks to drift to a 12 month low before the year ends.
NAV currently 5.3p per share, so that's the upper limit I'd imagine but if had to make a guess I'd say 4p to 4.5p if it's done relatively quickly, less if it drags on.
So a cash return to shareholders draws closer. What's the current consensus on how much that might be per share? If it were less than the current price, wouldn't the share be heading south now?
hugepants....most times in my experience the amount returned in these situations is a lot less than expected. Everyone gets their bit and after all the fees there is often nothing much left. But who knows?
barnetpeter3 Feb '17 - 11:13 - 577 of 580 0 1 I would guess a return of 2p maximum. A lot of staff to pay off plus directors and noone is going to care about protecting shareholder cash. Paying staff off where a company is not in administration is not as cheap as some on here think. There are minimum redundancy levels but these are not going to be enforced.....they have lots of cash to pay much higher levels. Are you kidding? On my reading of todays news I don't even think the company is losing money yet but will start to next month once payforit kicks in in Ireland. The company must have made approx E500K in the 4 months up to 1st November. That would make net cash over E6M (over 5p per share). Regarding redundancy costs well I've been working in IT-related companies for many years and I've always been on a one month notice period wherever I've worked. And there are only 11 employees remaining. As previously posted there is no CEO and the remaining directors are not taking much so they won't cost much, if anything, to let go. The lease liability is about E200K but the offices are in central Dublin so I'd be hopefull they can reassign for a small loss. So I'm kind of expecting to get about 4.5p per share back. Maybe more maybe less. They are talking about "monitising" the listing for example. There are also a lot of intangibles (E6.4M) on the balance sheet. Best to assume they are not worth anything but who knows.
Haike chemicals looking interesting.
Chat Pages: 30  29  28  27  26  25  24  23  22  21  20  19  Older
Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:41 V: D:20180324 04:02:19