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Daniel Stewart Securities PLC Share Chat (DAN)


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Share Discussion for Daniel Stewart Securities PLC


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rabyeovil
Posts: 123
Off Topic
Opinion:No Opinion
Price:0.00
Meeting 26th March
5 Apr '18
Any feedback from the meeting on 26th March?
 
rabyeovil
Posts: 123
Off Topic
Opinion:No Opinion
Price:0.00
General meeting
10 Mar '18
Wow, There was me thinking this was a dead duck then out of the blue there's a general meeting on the 26th March!! Must be after more money from the Pi's Well they can hiss off! Lost enough on this load of crap!!!!
Hunter1
Posts: 130
Off Topic
Opinion:No Opinion
Price:0.00
RE: Greetings from Kingskerswell
10 Jan '18
Glad theres a chat on this subject as got lots invested in this crap
noddingdonkey
Posts: 81
Off Topic
Opinion:No Opinion
Price:0.00
Greetings from Kingskerswell
4 Jan '18
Will peter shea buy back my shares/?
FS16
Posts: 10
Off Topic
Opinion:No Opinion
Price:0.00
RE: whats happening
28 Dec '17
Ok, just heard back from Peter Shea - "Please see the Daniel Stewart website under DSS shareholders for an update."

The update on DSS shareholders is as follows:

"Dear Shareholder,
Following on from the delisting of Daniel Stewart Securities (DSS) from AiM and In order to safeguard the business of its subsidiary, Daniel Stewart & Co, Daniel Stewart Securities had to arrange funding to re-establish the necessary regulatory capital.

Such regulatory capital is required to be provided in the form of permanent equity.

It was also apparent that, in order for the business of Daniel Stewart & Co to continue after re-establishing it’s regulatory capital, it would need further funding to finance ongoing losses until stabilisation could be completed. Again such funding would be required to be in the form of permanent capital.

We have now received approval from the FCA for such funds as have been provided to be converted into equity of Daniel Stewart & Co. The resultant position is that Daniel Stewart Securities now owns approximately 10% of Daniel Stewart & Co.

The situation is such that Daniel Stewart Securities is effectively a cash shell and we will now begin the process of trying to establish some value for shareholders utilising the shell.

We believe that we should try to establish a public market for the trading of the shares at the earliest opportunity and as such we will examine the possibility of listing Daniel Stewart Securities on the Standard section of the full list as a cash shell. Should we achieve this we will then seek a suitable business to reverse into it.

You should all be aware that a listing on the LSE has a cost and a minimum cash available requirement. At present Daniel Stewart Securities does not have sufficient resources to undertake such a listing."
FS16
Posts: 10
Off Topic
Opinion:No Opinion
Price:0.00
RE: whats happening
28 Dec '17
I have also just emailed Peter Shea and Co. Had emailed them sometime back as well but no response, so am not expecting anything this time as well. Any suggestions on how to legally pursue them; perhaps through the financial ombudsman?
jimbo86
Posts: 2
Off Topic
Opinion:No Opinion
Price:0.00
RE: whats happening
18 Dec '17
Have just emailed again, to Peter Shea and all other Daniel stewart emails i could find on the website.
jimbo86
Posts: 2
Off Topic
Opinion:No Opinion
Price:0.00
RE: whats happening
18 Dec '17
Hi. I emailed them a couple of weeks ago and haven't had any respsonse yet. Would be nice to hear something
BD6Vant
Posts: 9
Off Topic
Opinion:No Opinion
Price:0.00
RE: whats happening
5 Dec '17
Swimmer, still no reply?
Maybe a few more interested party could add weight to the process?
swimmer1
Posts: 20
Off Topic
Opinion:No Opinion
Price:0.00
whats happening
6 Nov '17
I have e-mailed the company a couple of times in 2017 with no response. Has anyone else had anything from the company ?
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