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Not a bad outcome for holders and we must thank the BOD for their work in connection with the position we now find ourselves in. I have a reasonable holding and look forward positive progress going forward. I suspect we could move into the resource sector. Congratulations to CW.
Effectively no change then.
Last post: ismalia, 28 Dec 2020 21:55
It seems as if they changed the y/e from March to September. Didn't think they could do that retrospectively. Changed in May but no RNS.
Nothing left for us I am afraid.
Fold the tent, receivers in.
This seems to be taking the route to administration. With all of the historical messages by the Directors that they continued to look for corporate action it has lead to nothing. Assets and tax losses would have been attractive to an investor. But our management have done nothing but manage decline - that they have done well.
Still suspended not withstanding they were going to lift the suspension.
So now we have the suspension, but what hope of any future?
So another year has just ended and I suspect we will be hearing of further losses, new initiatives, continued seeking of a corporate deal and thanks to shareholders for continued support.
Last post: Atty15, 24 Mar 2019 12:13
Was thinking along the same lines
keeping eye from the side.
Should be a good oppernity at some point just not sure when
The company is being run by bankers and not engineers - in other words it is simply being managed. I feel sure that non of those who are running ASBE and have skin in the game do not want to do a deal. It is an ideal RTO candidate with assets ahead of mc and huge tax losses. Perhaps a deal is being sought all the time and perhaps it could be this year. Only the one mm so they dictate the price to suite their book.
In the old pet
Portage rising +16%
Impact for ASBE ?
I guess only 2m shares in issue so any buy sell moves it quick.
Fun to watch tho
Was hoping to learn how the Salvarx deal impacts and be tempted
why does this share price behave like the way it does.. increase and decrease in multiples of 5
Correction 25%
Salv up 9% today
Started: Atty15, 25 Feb 2019 14:34
Last post: ismalia, 27 Feb 2019 18:46
They need to do a deal. Every year they thank shareholders for their patience and every year they say they are looking for corporate activity.
Little bit of volume and it certainly moves
Interesting only a couple of quid sales but £ buys
Could do with a bit of interest to get the fun started
Started: Atty15, 14 Feb 2019 16:34
Last post: Atty15, 14 Feb 2019 16:34
sell off ;)
On this one but fun to try and guess which way
Buy its down
Sell its up
It’s relentless ??
Started: Atty15, 21 Jan 2019 13:11
Last post: Atty15, 21 Jan 2019 13:11
Looking for a bit of a trade recovery this year
Update ?
A bit of buying pressure here and it would be great fun and games
There's only 2 Million shares. You're never getting heavy volume here!
Wonder if there may be news coming here? It is a pretty big move up, on light volume.
Not sure why they have got 24 employees for tiny £1.6m revenue here. Massively overstaffed. They could easily bin 10-15 of those workers and managers and instantly become very profitable overnight. With so few shares available, even the smallest tweaks to staff numbers would send the price through the roof.
I wonder if the forthcoming AGM will tell us how well we will do from the Salvarx deal. CW who has an interest in Salvrx has added shares and no doubt sees the potential here with tax losses and an improving trading environment.
Director buy.
So a good buy then!
400k mcap company with a £1.35m pension deficit? good luck with that.
Only a couple of days before the figures are announced and it willl be interesting to see if the improvement hinted at at the half way has continued. Low mc, not very liquid with only one mm and the business focused on the oil sector which is flying at the moment offshore Scotland, supported by assets of £2 per share and with substantial tax losses the sp could be ready to respond. A dull company perhaps but look beyond what you see as there much more to be had IMO
These are due by the end of the month and with the oil sector on the up there could be a positive update for the current year. Assets are worth about £2 so an RTO by an oil focussed company could be on the cards.
Started: mannnan, 22 Nov 2017 12:41
Last post: ismalia, 2 Jan 2018 16:40
Freehold property in the books at nil - written down from nearly £700k with large tax losses!
(-25.00%)down
Started: Hugh-Jarse, 12 Apr 2017 08:34
Last post: Hugh-Jarse, 12 Apr 2017 08:34
last nights close @40p was a rise of +33.33% on the previous days close. Noted 12Apr 2017.
Started: Newbie1Konobi, 24 May 2016 15:17
Last post: Newbie1Konobi, 24 May 2016 15:17
?????
Started: Kabulwalid, 2 Mar 2016 08:07
Last post: Kabulwalid, 2 Mar 2016 08:07
As a third generation shareholder, my inherited holding represented by a single share, added to by my own purchases, but insignificant after massive dilution and continuous failure to deliver, I wonder why this is still a public company? If all it does is make a living for staff and directors, why not take it private, as seemingly, no other company wishes to merge or purchase. A truly British story of failure over more than a century.
heads east, sniffs out an aluminium deal; http://www.investegate.co.uk/assoc-british-enging--asbe-/rns/annual-financial-report/201407080700086657L/ Extreme thumb twiddling from all-things-diesel ABSE. Head scratching stuff. GL out thar....
sleeper share finally crawls out of bed, then falls asleep on the floor. Small consolation is that the recent profit warning, and news of a puzzlingly inert Akoris, have hardly dented the shareprice; this is barnstorming stuff only in my dreams, a surefire cure for high blood pressure. Omens are middling, but bring on that annual Financial report, scheduled for the end of the month and let's see where we stand.....c'mon ASBE! GL if anyone out there, otherwise me, Billy no mates...
this is an asset heavyweight on the sly, plentiful moolah to pay debts if they wish. Also the Akoris investment may be an inspired move, what with a better year forecast for commodities/ natural resources. Hefty spread, but SO few shares issued...what a life! GL if any fellow holders out there, oh, and of course,DYOR, IMVVHO, etc.
just a correction, 2million shares in issue, 1 million in public hands, plus then a £138k buy today something is up
Last post: ryanrambo, 6 Mar 2012 19:30
asbe,