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After checking out your post history mate it would seem to be the case that you could do with some advice? Yep I know you other stocks are all up!
What's your problem?
Like we need advice from you...lol
Morning guy's, Listen you really need to move on! There were lessons to be learnt here imo. I bought BMR 2 weeks ago at just under 3p they are pushing 4p today. Don't cry over spilled milk move on is my advice. GLA Scottie.
some times it,s better to "take a punt"@ 1.13p and sell @ 3p instead of giving "your opinion!! Obviously your investments are on hold and you are reverting back to preaching!
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what happened here is this share suspended?
Like the rest of us, just wait for the next RNS.
When will this suspension be lifted and when it is will the share price be at the new price 200p (and my stock worth a fraction of that due to dilution) Also does the new terms have to be accepted - what are the chances of this not happening and what would happen?
Once upon a time there was a company who thought they could run the Fire Brigade. The bosses had seen Trumpton and Camberwick Green and thought it cant be that difficult? So they went out and employed Pugh Pugh , Barney and Mc Grew. thet discovered very quickly that this was not 'Watch with Mother' but Reality! Pugh Pugh, Barney and Mc Grew did their best, but every time they needed help financially the Boss said 'Make Do'- 'We Must make a profit'. Poor old P,P B & McG soon realised it was impossible to run the service like trumpton in Fairytale land... It duly collapsed. The End.
Is there chance to get our money back mate ?
Can't be arse to check through your post but good luck to you if you got in early. All I was saying is after a 100% rise you usually get a retrace as people take their profits, All the best
if youre not in it, yoou may still miss the boat, not spreading it all over the boards, came here because asto has burnt alot of people so real tip, for them to try and make money back, if you wanna know when i bought in and was telling others to get in check out my posts
http://davidhencke.wordpress.com/ An investigation into the financial dealings of former bosses of AssetCo, the private owner of London and Lincolnshire’s fire engines, is underway by the firm, shareholders have been told. A statement from the company says: “”The Company has recently received details of allegations in respect of the activities of its former management team. The Company is investigating these claims and following the completion of its investigation may initiate proceedings.” The disclosures come as shares have been suspended after the company sought yet another £14m from investors and massively diluted junk status share price, last traded at a mere 1.75p. The move comes as Bob Neill, the fire minister, will be urging fire authorities across England to privatise their services and hand over their equipment , training and vehicles to any private company that wants to make a profit from them. Arcapita, the only bidder for the stricken company, walked after demanding auditors crawl over AssetCo’s accounts before it would talk any further about a take over. A statement was issued today saying it was not proceeding with the take over. Worse, documents released to creditors reveal up to £5m of unpaid bills – including unpaid debts for corporate entertaining at sports fixtures ( £31,000 )and the use of private jets (£7000). The company blamed its former management and senior staff for leaving this trail of bills for high living, running up an unpaid card credit bill to American Express totalling £134,000. Now one of the creditors, Bookajet, has told this website that it was left with unpaid bill of £7000 for a hired jet from John Shannon, the former chief executive, after AssetCo refused to pay it. According to a spokesman Mr Shannon appeared to have taken the jet for a personal trip and not on company business. AssetCo are not commenting about this but it looks like Mr Shannon is contesting it. Bookajet say they have contacted debt recovery lawyers with the aim of seizing AssetCo’s assets. A taxpayer owned Lloyds Bank fire engine It has also been revealed by AssetCo and the London Fire Authority that all the capital’s fire engines are no longer owned by either of them – they have become the property of state-owned Lloyds banking group- owners of the Halifax and Bank of Scotland, for security for massive unpaid loans totalling some £30m built up by AssetCo. So firefighters are combating riots and blazes in vehicles courtesy of Lloyds Bank ,giving a new meaning to the Black Horse’s advertising slogan ” for the Journey.” Lloyds are now both the owner and creditor to AssetCo London and promise not to auction them off to get their money back. London Fire Brigade issued a statement assuring their fire engines are safe. Two highly embarrassing documents (see http://bit.ly/px5djv )have been sent to sharehol
IPS - You've not researched it then ! MC is less than £2M at 4p still tiny, does not have ASTO's problems.
I think if your not already in IPS you may have missed the boat on that one for now
and thats tomorrow when im saying you might make it depending on how much you put in
check out IPS, YOU MIGHT Make all your money bank,
MXP are looking very promising and ridiculous cheap at the moment
Sorry to be on the wrong baord but have you seen ZEN ? any idea why the drop?
A few to look at RRL, Char, gkp (don't buy at peak).
I will switch the lights off behind me and move on to something new! Good bye!
AssetCo PLC Confirmation of Termination of Offer Talks RNS Number : 3376O AssetCo PLC 15 September 2011  The Board of AssetCo plc ("the Company") notes the recent announcement by Arcapita Bank B.S.C.(c) concerning the withdrawal of its offer proposal. Accordingly, the Company can confirm that it is no longer in talks with any parties regarding a takeover situation under the City Code on Takeovers and Mergers ("the Code"). As a result, the Company will not be proposing Resolution 4 as set out in the circular sent to all shareholders of the Company, dated 9th September 2011, at the general meeting to be held on 26th September 2011 concerning Rule 21.1 of the Code on the basis that this resolution is now redundant. Contacts: Arden Partners plc
Arcapita Statement re no intention to make an offer RNS Number : 3353O Arcapita 15 September 2011  NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN OR INTO OR FROM, ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. 15 September 2011 Arcapita Bank B.S.C.(c) ("Arcapita") No intention to make an offer for AssetCo plc ("AssetCo" or the "Company") Following extensive negotiations with the Company and its creditors, Arcapita has decided to withdraw its offer proposal and confirms that it does not intend to make an offer for AssetCo. Arcapita invested significant time and resource into assessing an investment in the Company but it has been unable to reach satisfactory agreement with the Company's existing lenders and preference share holders, and is therefore unable to put an offer to the shareholders of the Company. For the purposes of Rule 2.8 of the City Code on Takeovers and Mergers (the "Takeover Code"), Arcapita reserves the right to announce an offer or possible offer or make or participate in an offer or possible offer for AssetCo (and/or take any other action which would otherwise be restricted under Rule 2.8 of the Takeover Code) within the next six months following the date of this announcement: (i) with the agreement or recommendation of the Board of AssetCo; (ii) following the announcement by or on behalf of a third party of a firm intention to make an offer for AssetCo or AssetCo announces that it has received an approach in relation to a possible offer from a third party; (iii) following the announcement by AssetCo of a "whitewash" proposal or a reverse takeover, other than the current "whitewash" proposal (including any subsequent amendments) announced on 9 September 2011; and (iv) if there is a material change of circumstances. Enquiries: Arcapita Tel: +973 172 18 168 Tim Doyne
as you say MD57 CFOs being urged by the gov't to outsource and head for privatisation gives rise to the ironic almost comedic scenario about to be played out these next few months There will be public money to bail out private companies in order to resurrect their strike breaking capabilities and the FBU so opposed to provatisation will provide additional demand and justification for a separate private strikebreaking force Sweet irony Back to the real issue Assetco yes I agree whilst many were highlighting the size of assetcos contracts there were only a few-yourself included who took the trouble to point out the cost of delivering these contracts-the cost exceeding the income leads us to where we are now There is a need /desire for private contractors to work at arms length alongside public services will assetco in a better managed format remain in that position? who knows but one thing is for sure now There is no money to be made by those who put a few bob in on the hope of a T/o Which is a shame for those that had the faith in Tudor Davies the turn around King Which master (s) was he serving? not the private investor it would seem.