Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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This has been the worst investment I have ever made in my entire life. The board were continually making the right noises about the way ahead being bright and all of a sudden "their recommended offer at 0.62" is the best you can hope for. Not sure how they sleep at night.
I accepted the offer on Monday at the last minute for my broker, unfortunately with MD backing out I can't see this going any other way now but a delisting. Without MD selling out, I think our 'people power' group stood a chance - thanks again for your efforts, synthetic. in the final analsis, we've been screwed by the Bod and PJ - but I've learnt a valuable lesson and will never let this happen to me again. GLA.
When did you buy?! Fairly sure the peak of this "investment opportunity" was around 80p back in 2007
What happens if I don't sell my shares? Would I be forced to sell them or would I get a stake in any new company? I'm in no rush for the cash back and could do with hold on for as long as possible to try and recoup my £2.45 & £1.48 purchase prices.
There still seems to be some buying going on, lets hope it is one of the other institutions, lets face it why would you buy at .67 if you can only get back .65, you never know there may still be some hope yet. Fingers still crossed.
I havn't excepted yet but I agree with what you say.Revising and following the rules are a must if investors are to have any confidence.
I am accepting the 0.65p. Even if PJ doesn't get the 75% this is going nowhere in the short term now with MedDeb selling. What has happened here really encapsulates all that is bad about AIM. Such a shame. They need to revise the rules governing AIM companies. It seems so easy for directors to manipulate proceedings in their favour at the expense of gullible shareholders. I certainly fell for this one. Personally, I am waiting for the dip in FLOW and put my money there. I am very confident that I will recoup my XPS losses there in the next 12 months.
I am out
1. Medical Debenture recently increased their holding to just over 10% at an over all average purchase price of 0.63p 2. They have now accepted an increased offer from PDJ BidCo of 0.65p 3. This will net them a small profit in the region of £20K on around 117million shares Questions: a) Why did they bother to increase to just over 10% to then sell almost immediately? b) Is £20K really a decent profit margin to a large investment company, when the potential for this company may be enormous given PDJ BidCo's relentless pursuit of a takeover? c) Surely, in 1. they were initially considering that a longer-term investment would be the right way to go? d) Why the strange change of course - PDJ BidCo will surely make a profit from this company in the medium to long-term - why didn't Medical Debenture hang on for the ride?
Thank you ping pong 1, i thing i will stick with it and hold on to them
What underhand way do you think he has convinced MD to part with there shares, they must be making a hefty loss. Maxed, the shares are always yours whether he delists or not but they are much harder to sell if he does delist, but of course if he gets 90% and then he can do a compulsory order to obtain all the remaining shares.
If PJ keeps trading Xps after the take over what way do you think our options would play out, or if he de-lists xps and then re-lists in a couple of years, do our shares come back into play ?
maxed - I an now debating and not sure of the best way to go. with MD selling I wonder if holding is correct anymore
Does anyone know what is going on here, has it anything to do with xps delisting ? eXpansys (Assd Peter Jones Cash
There is a lot of shares being sold now, is there anyone still holding out like myself ? a little advice wouldn't go amiss
I get it now - MD are selling at 0.65 so an easy 10% for PJ - plus if I read correctly this means PJ has more time to hoover up the rest · As at 5.00 p.m. on 26 February 2014, acceptances of the Original Offer had been received in respect of 12,201,761 Expansys Shares, representing approximately 1.05 per cent. of the existing issued ordinary share capital of Expansys. As set out above, Expansys Shareholders who accepted the Original Offer will automatically be deemed to have accepted the terms of the Increased and Final Offer by virtue of their prior acceptances. Of these, 7,007,942 Expansys Shares (representing approximately 0.6 per cent. of the existing issued ordinary share capital of Expansys) were in respect of irrevocable undertakings given by the Expansys Directors and none were in respect of persons acting in concert with PDJ Bidco. · Irrevocable undertakings were given by the Independent Expansys Directors in respect of their own beneficial interests in Expansys Shares in respect of the Original Offer. These irrevocable undertakings remain in effect in respect of the Increased and Final Offer. There are 14,262,853 Expansys Shares (representing approximately 1.23 per cent. of the issued share capital of Expansys) which remain subject to irrevocable undertakings from the Independent Directors (and which have not yet been assented to the Offer). · In addition, PDJ Bidco has received an irrevocable undertaking from Medical Debenture Investments Limited and Paul McMahon to accept, or procure the acceptance of, the Increased and Final Offer in respect of their beneficial interests in Expansys Shares amounting to 117,000,000 Expansys Shares (representing 10.07 per cent. of the entire issued ordinary share capital of Expansys).
I see PJ has just increased the offer to 0.65 - is this really going to make much difference 0.03 or am I missing something?? has PJ been buying up more shares at 0.65 or is he being nice??
Tsla is flying too. Tesla motors. A us stock. Expensive share but massively exciting story.
I moved on to LGO & COMS - so far so good :) FW
Scott, since you asked. FLOW. I bought before Christmas and tipped it in the link on 4th Jan. Very good so far. http://www.lse.co.uk/general-chat-discussion.asp?page=3&TopCode=IT7PI1EF
im going for fastjet, waiting to enter at about 1.30 to 1.90 and watch this fly back to 3 - 8p
a lot of us have lost on this company, so whats gonna be the next big share? who's investing in other companies, tips would be welcome :)
disgruntled shareholder
Sounds like someone blinked too early and is now worried that those that didn't blink first might lose less money.
I'm in complete agreement with Geckoman. Not really sure why you've started to take this tone, Happygal. So, you took a punt and have sustained a loss of £3K. There are a lot of small-shareholders here looking at losses of at least ten times that size. We're just trying to share publicly all the available info based on RNS data so that individuals can make the best choice for themselves. You've apparently made your choice now, and I wish you all the best. If you have any facts over and above the RNS data that might help us make our individual decisions, please feel free to share. If there is a storm coming, as you speculate, then those that have chosen to 'hold' will weather it, and any associated losses incurred, but they will all hopefully do this with good grace. All the best to you.