Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
When's results announced? I vaguely remember seeing somewhere they're due this month after the delay earlier in year.
What's everyone thinking on possible movement of share price?
Last week i heard 6-8 weeks away. But I've also heard that malpom, penang bion plant back up and running but at slightly reduced capacity.
As a result of the MCO, the Company's audit for the 2020 financial results has been delayed as the Company's finance team and its auditors have been unable to enter the office premises. While work has commenced remotely, this only provides limited access to the Company's accounting systems and supporting documents. Consequently, the Company applied for a three-month extension for the publication of its annual report and accounts for 2020, and it has received approval from AIM and the Jersey Financial Services Commission. As a result, the Company will publish its annual report and audited results for 2020 by 30 September 2021.
So latest we will get full year results by Thursday , lets hope a good profit margin also insight to any more assets bought.
RoppyUs, What's MCO? And why this would prevent access to the company financial/ operational results needed for the accounts? Also, according to today's RNS it's apparently Covid preventing accounts timely submission. That's a bit weird
Just a reminder and one to reflect
If it was bad news then the following would not have taken place by a director
Director Shareholding
Further to the Company's announcement of 30 April 2020, Mr. Habizan Rahman Bin Habeeb Rahman has completed the acquisition of the entire issued share capital of K2M Ventures Sdn Bhd ("K2MV"), which has an interest in 114,361,409 ordinary shares in the Company. Accordingly, through his 100% ownership of K2MV, Mr. Habizan Rahman has a beneficial interest in 114,361,409 ordinary shares representing 26.5% of the Company's issued share capital.
Closely linked to Serba Dinamik (personnel wise) who haven't had their accounts signed off yet and are been investigated for various anomilies around the value of assets. I am invested here and won't sell as I hope it can be sorted. Doesn't inspire confidence when Covid is used as an excuse, Audits happening everywhere at the moment.
Hmmm, maybe investigation was extended to include involvement in Bion... It's not great, but if there is a formal investigation on Bion as a business, I am sure they would have to publish RNS asap. On that basis I am assuming that it's not the cause of the delay. I think it's more about recent fire and issues caused by lockdown. Maybe there are other external causes we are not aware. Let's see. I am holding to the shares regardless and see what Bion does next.
Maybe Serba Dinamik stated that the value in Bion is X when in fact Y , delaying the accounts to re-value Bion assets .
Bion are owed money and in recent deals part of the debt is being paid in generation Assets with cash element.
Who knows that's my guess.
Whatever the reason it seems we will be the last to know. Nothing about the Malpom fire, no updates on when accounts will be finalised, no reasons for delay given (COVID is no longer a valid reason). Companys with good news can't wait to tell the market, companys who may have something to hide can merely delay the bad news. To be in a position where you would rather have the shares suspended than release the audited results does not bode well.
Totally agree , but we are where we are.
Have a lot invested here so all can do is wait
Aren't they releasing some results on October 31st?
Agree with what has been said. An absolute horror show this share has been.
Very suspect making lies continually to not announce results.
Keeping everything crossed it is genuine and we get good news... Got alot invested here
Seems to be delisted now - Anyone know anything?
TEMPORARY SUSPENSION OF TRADING ON AIM BION PLC
Trading on AIM for the under-mentioned securities has been temporarily suspended from 01/10/2021 7:30am, pending publication of the company's annual audited accounts.
No date of when , could be next week ?
It says on the website, on the article where it says they csnt announce results on September 30th, that shares will be suspended until they announce results. Then it says they'll announce results upto June 2021 on this date.
the Company's shares will be suspended from trading on AIM pursuant to the AIM Rules with effect from 7.30am on 1 October 2021.
The Company also announces that it intends to take advantage of a one-month extension available from AIM to 31 October 2021 for the publication of its interim results for the six months ended 30 June 2021.