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Optare PLC Share Chat (OPE)



Share Price: 0.21Bid: 0.20Ask: 0.22Change: 0.00 (0.00%)No Movement on Optare
Spread: 0.02Spread as %: 10.00%Open: 0.21High: 0.21Low: 0.21Yesterday’s Close: 0.21



Share Discussion for Optare (OPE)


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newyorker
Posts: 889
Off Topic
Opinion:No Opinion
Price:0.29
martinu
20 Aug '13
i was meaning the difference between 12.2 M and 20M thats about 80 at the very most
 
buko
Posts: 443
Observation
Opinion:No Opinion
Price:0.29
so looked at the figures ...
20 Aug '13
Gulp.
gross profit 7% on turnover equals 5.243m overheads 10.782m needing a turnover of 155m to break even .
directors pay up nice one guy's ashok loan higher (3.36) 2012 (5.2)m 2013 @ 8% over the boe interest rate all in all
the SP makes more sense ever day .
martinu
Posts: 217
Observation
Opinion:Hold
Price:0.29
new y
20 Aug '13
I agree on the circa £100,000, I would say a little over this. Not sure about 80 x 100,000 = £20m though. Isn't that = £8m?
newyorker
Posts: 889
Off Topic
Opinion:No Opinion
Price:0.29
martinu
20 Aug '13
ball park figure they seem to sell more solos than any other bus at around £100,000 each so IF THEY WERE ALL SOLOS which i doubt that would be only 80 units
martinu
Posts: 217
Question
Opinion:Hold
Price:0.29
Current order book
20 Aug '13
In the annual report, it says that current order book, ie end July/ start August 2013 is 20.2m. Would anyone care to make an estimate of how many units this represents, please? Report says this was up from 12.2m at end March 2013. Thanks.
buko
Posts: 443
Observation
Opinion:No Opinion
Price:0.29
From the 10th of august
20 Aug '13
buko
Posts: 443
Off Topic
Opinion:No Opinion
Price:0.29
Agm
20 Aug '13
The cheek of it all ...
Codeopet.l
Posts: 36
Observation
Opinion:Hold
Price:0.29
Agm
20 Aug '13
2013 Annual general meeting of Optare plc (the “Company”) continued 2. Business to be transacted at the AGM continued
Special resolution 3 – Authority to allot shares and disapplication of pre-emption rights
A special resolution is proposed which will allow the Directors of the Company to issue shares or grant options over shares and/or other rights to subscribe for, or convert any security into, shares in the Company to Directors or employees (including Non-executive Directors) of the Company and its subsidiaries, without first offering them to existing shareholders in proportion to their existing holdings, up to a maximum nominal value of £44,706 (44,706,000 shares). This represents approximately 2% of the Company’s issued ordinary share capital as
at the date of this letter. In addition, this resolution will give the Directors power to allot sufficient shares, or issue sufficient warrants to subscribe for ordinary shares, to Ashok Leyland Ltd and its associated companies, to maintain their aggregate holding at 75.1% of the Company’s then-issued ordinary share capital (as enlarged by the issue of further shares pursuant to the power and authority conferred by this resolution).
This means that up to 134,837,000 shares could be issued to Ashok Leyland Ltd and its associated companies if the full amount of 44,706,000 new shares were issued to Directors and employees. The Board’s intention is that any shares issued to Ashok Leyland Ltd and its associated companies will (to the extent practicable) be at the same issue price as those issued pursuant to this power and authority to Directors and employees.
3. Action to be taken
You are entitled to appoint one or more proxies to exercise all or any of your rights to attend, speak and vote at the Annual General Meeting on your behalf. You will find enclosed with this document a Form of Proxy for use in connection with the Annual General Meeting. Whether or not you propose to attend the Annual General Meeting in person, you are requested to complete and return the Form of Proxy to the Company’s Registrar, Capita Registrars Limited, PXS, 34 Beckenham Road, Kent BR3 4TU, as soon as possible and, in any event,
so as to be received no later than 10.00am on 20 September 2013. Completion and return of a Form of Proxy will not stop you from attending the Annual General Meeting and voting in person should you so wish.
4. Recommendation
The Directors consider that all of the resolutions to be proposed at the AGM are in the best interests
of the Company and its shareholders as a whole and unanimously recommend that shareholders vote
in favour of all of the resolutions, as the Directors intend to do in respect of their own beneficial holdings.
Yours faithfully
John Fickling
Non-executive Chairman
Codeopet.l
Posts: 36
Observation
Opinion:Hold
Price:0.29
Agm
20 Aug '13
2013 Annual general meeting of Optare plc (the “Company”)
1. Introduction
I am pleased to be writing to you with details of the Company’s 2013 annual general meeting (“Annual General Meeting”/“AGM”) which we are holding at the Company’s registered office, Unit 3, Hurricane Way South, Sherburn in Elmet, North Yorkshire LS25 6PT on 24 September 2013 at 10.30am. The formal notice of the Annual General Meeting is set out at the end of this document.
Codeopet.l
Posts: 36
Observation
Opinion:Hold
Price:0.29
Financial statement
20 Aug '13



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