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SOU CEO responds to investor questions on its projects in Morocco and Italy. Watch here

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SOU CEO responds to investor questions on its projects in Morocco and Italy


Daniel Stewart Securities PLC Share Chat (DAN)


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Daniel Stewart Securities PLC shares appear to be de-listed or suspended.


Share Discussion for Daniel Stewart Securities PLC


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TheRealTruth
Posts: 71
Off Topic
Opinion:No Opinion
Price:0.00
Please relist some day
15 Nov '16
I really hope these do relist some day. Too much bad luck with this and NEW! My only current upside is, that my BOS shares have finally exploded today, and with the convertible loan notes, looks like it is going to mutibag IMHO
 
Spikeyj
Posts: 16,150
Off Topic
Opinion:No Opinion
Price:0.00
RE: Current shares?
20 Oct '16
= toast.
Spikeyj
Posts: 16,150
Off Topic
Opinion:No Opinion
Price:0.00
RE: Current shares?
20 Oct '16
http://www.danielstewart.co.uk/about/faqs/

"Will Daniel Stewart relist?
Following consultation with key advisers and major shareholders, the Board of Directors concluded that it was in the Company’s best interest to cancel its AIM listing and this took effect in January 2016.
We are aware that a number of smaller individual shareholders are keen to have some form of dealing facility in place in order to facilitate a level of liquidity. However, in the short to medium term, becoming a private company will give us the breathing space to put in place plans for the future development of the business and allow us the time to determine the optimal listing or dealing status for our shares.
The Board continues to assess the options available in this regard and will be exploring a number of possible solutions including creating its own private trading facility and joining an established platform for trading shares in private companies, although no definitive time frame has been set for this.
Concurrently, the Board will assess the merits of re-listing the Company’s shares on a publicly traded market, although this option is not under active consideration at present.
In the longer term we wish to help all shareholders receive value for their shares and as our plans evolve we will keep shareholders informed. Thank you for your patience and your continued support."
Hunter1
Posts: 128
Off Topic
Opinion:No Opinion
Price:0.00
Current shares?
18 Oct '16
I hold around 40k worth of share in this company, just before they were suspended / de listed.
What happens now to the money / shares? Any advice would be grateful
Spikeyj
Posts: 16,150
Off Topic
Opinion:No Opinion
Price:0.00
RE: it is funny though
2 Oct '16
yes, i doubt that RT will
change his ways voluntarily.
clarkgriswold
Posts: 1,711
Off Topic
Opinion:No Opinion
Price:0.00
View Thread (2)
RE: it is funny though
30 Sep '16
Sounds a bit like some of his Quindell deals hey spikey,ground hog day.
Spikeyj
Posts: 16,150
Off Topic
Opinion:No Opinion
Price:0.00
shares rated at zero
26 Sep '16
http://www.thetimes.co.uk/article/ex-quindell-boss-loses-1m-on-broker-stake-rcdlppzf6

quob writes down daniel stewart share
holding to zero value in their accounts.
Spikeyj
Posts: 16,150
Off Topic
Opinion:No Opinion
Price:0.00
View Thread (3)
it is funny though
24 Aug '16
quob wants (needs?) to raise money
and also dan needs to raise money.

so quob, which needs extra cash,
offers to lend cash that it's already
a bit short of, to dan, in order that
dan can use that money to buy extra
shares in quob so that quob then gets
that as extra funding... tad incestuous...

RT continues his own brand of comedy genius.
Spikeyj
Posts: 16,150
Off Topic
Opinion:No Opinion
Price:0.00
RE: chatter
24 Aug '16
sorry meant,
by buying quob shares at £10.
Spikeyj
Posts: 16,150
Off Topic
Opinion:No Opinion
Price:0.00
RE: chatter
24 Aug '16
"in addition to the funding options outlined above, QPE has discussed with DS&C a £2m bond that can be converted into DS&C equity at any time over the next 5 years. This conversion is proposed to be at a price of 1p per share, or lower if further equity is raised by DS&C at any time during this 5 year period. FCA approval would of course be required prior to any conversion, but not prior to issue of the bond.
The bond may be combined with either of the other two funding options or can stand as an independent deal. The bond would be for the sole purpose of enabling DS&C to take up their previously agreed option to purchase QPE shares at a price of £10 per share, to a total value of £2m. Considering that the most recent circa £4m of equity released by QPE is priced at £15 per share, to not take up this option to purchase at £10 per share would obviously be a wasted opportunity for DS&C to generate potential profit. The opportunity to take up QPE’s bond option shall shortly lapse if not taken up by DS&C."

.... weird .... so although dan is clearly strapped for cash and is meant
to be cost-cutting and focusing on turning its core business around, in
the meantime quob is also trying to encourage dan to borrow an extra
two million pounds, not in order to develop dan businesses, but simply
to give quob an extra two million financing by buying quob shares at £2.

would have thought shareholders here might be better off having
the company wound up, so they have have their money back, if
there's any left over, then make their own choice whether or not
they want to invest their cash into RTs quob park estate.

the other proposed financings via equity from quob seem to rely
not only on FCA approval, which probably should not be relied on,
but also on those currently holding debt in dan agreeing to give up
their debt in exchange for equity in dan at 1p price. i'm unclear why
a debt holder would want to do that, given that at present they are
ahead of the shareholders in the queue to get any monies back.




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