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Started: AnnMary, 18 Oct 2020 14:25
Last post: AnnMary, 18 Oct 2020 14:28
SJH
Started: Alans55, 26 Feb 2019 15:24
Last post: Alans55, 26 Feb 2019 15:24
Will this be done so they can push it all the way down to nothing again?
Started: Ian.B, 4 Feb 2019 17:42
Last post: degsie, 25 Feb 2019 10:00
The purchaser of 32m shares was Phil Jackson who was CEO. He already had 172m shares; so a vote of confidence.
First time ive ever seen this on BOX.
32M shares bought
Started: ismalia, 31 Jan 2019 15:12
Last post: ismalia, 1 Feb 2019 21:09
Certainly great that the previous BOD have gone and now what we need is to regain some form of credibility. Agree that consolidation does not chang mc but it has to be accepted that there is often a sel off.
Depends if they make any free cash.
Theyve had a good clear out of all the crap. FX business and market access have potential so i will reserve judgement.
Mcap is only around £2m, consolidation cant change mcap value.
Razzel and flitcroft gone, see if new bod changes fortunes.
Never have liked them and can see Box moving south after this happens
Started: hobione, 30 Jan 2019 16:51
Last post: hobione, 30 Jan 2019 16:51
Left the profits for a free holding. Let’s see where this ends up. Gla.
Started: Aidan31, 30 Jan 2019 16:17
Last post: Aidan31, 30 Jan 2019 16:17
box back trading - put in a small top up to (a) average down and (b) round my holding off to an exact number ending with 3 zeros!!
Can anyone get a quote?
Started: hobione, 30 Jan 2019 15:32
Last post: hobione, 30 Jan 2019 15:32
0.1 and then 0.2 as the market chases it higher. If your not sure why check out what Market Access is all about!
I’ve got 2.7m of these babies at less then 0.4!!!
Started: hobione, 30 Jan 2019 15:28
Last post: hobione, 30 Jan 2019 15:28
Box it is
Started: Time2Buy, 30 Jan 2019 15:08
Last post: Time2Buy, 30 Jan 2019 15:08
Seeing buys on both exchanges so seems in demand
Last post: JohnnyB.Goode, 30 Jan 2019 14:57
Good luck, personally I would like to see the SP back in the 0.09p to 0.13p range again. It´s quite possible now, just need some good news now the share is back on AIM again.
Didn't know you were in this one troajan. I sold first thing this morning when I saw it back on and have completely missed the rise this afternoon, lol.
Hopefully I'll get the timing right one day!
dont see rise like this very often on aim....so i've sold...
gla
Started: Time2Buy, 30 Jan 2019 14:34
Last post: Time2Buy, 30 Jan 2019 14:34
Got to get them when you can
Started: Time2Buy, 30 Jan 2019 14:20
Last post: Time2Buy, 30 Jan 2019 14:20
Suppose the word profit is driving it
Started: maidit308, 30 Jan 2019 14:08
Last post: JohnnyB.Goode, 30 Jan 2019 14:18
Someone is buying. They had it priced to go bust before the suspension, so a rerate is due IMO.
55%.up.and.flying.the.good.news.is.just.geting.out.and.dijested.perhaps
Blimey thats a big premium buy
Started: JohnnyB.Goode, 30 Jan 2019 13:54
Last post: JohnnyB.Goode, 30 Jan 2019 13:54
This is what it´s all about now...
https://boxhillplc.com/our-businesses/market-access/
https://accessthemarkets.com/
Started: maidit308, 30 Jan 2019 13:53
Last post: maidit308, 30 Jan 2019 13:53
0.76p.paid..we.could.bounce.again
Started: maidit308, 30 Jan 2019 13:16
Last post: Ian.B, 30 Jan 2019 13:50
8 mil buy at full ask of 0.06 switched it,
Ive still got cash tied up in here, not worth selling at this level. Will hold and see what happens. Despite all the ****e i still think they can make decent profits here. Id written it off anyway so will see what happens.
gone.blue.11%.up
Started: gary25, 30 Jan 2019 13:48
Last post: gary25, 30 Jan 2019 13:48
It may have gone Blue,but with a 50% spread,typical AIM shenanigans.
Last post: Alans55, 30 Jan 2019 11:28
Consolidation or not they are not getting another penny out of me.
This company has done nothing but take. Full of empty promises.
Not worth taking the few quid my shares are worth now thanks to this lot.
All the best to you
I think the financials are also a great read. Showing 2 Million in cash, whilst payables are pushed right up and current assets have the EMEX Loan note. This company on the a Current Asset to Current liabilities not liquid. I think there is a bigger play on here, this is just a shell now. The business is bullshit....bit like Phil Jackson or whatever the ex CEO was called.
Started: ian67, 30 Jan 2019 08:25
Last post: moneyhawk, 30 Jan 2019 09:47
I'm surprised to see this back, I'd been expecting to see it delisted.
Some of it appears positive news and as there has always been. However, I have taken the opportunity to exit at a loss, and consider it lucky that I got something back rather than it being a total loss. There's a couple of things that really concern me.
1st, the new (long awaited) CEO is just an internal appointment, presumably because it became necessary with Lord Razzall Dazzall stepping down as chairman, and they weren't able to attract a new external candidate after a couple of years of searching.
2nd, the £2m payment for the Emex group of companies will never materialise imo. Currently Emex Technologies is in administration, Emex (UK) has no evidence of any activity in their accounts, and Emexconsult is about to be struck off at Companies House. I would imagine that in the next audited accounts, the £2m figure will be reduced to 0.
3rd, the proposed consolidation is only because the SP has dropped below the nominal value of the shares, and a consolidation is therefore necessary in order to carry out more placings to raise funds.
All in my opinion of course, and best of luck to anyone staying or joining, Box has been an interesting company with some good potential if they get it right. It may come good, I just can't see it happening.
All now rests on the success of "Market Access" (see Going Concern in Full Year Report)
"The launch of Market Access is a critical element of the future of the Group's Payment Processing business. The Directors have prepared cash flow projections for the period to 31 October 2020, which indicate that the Group will generate significant revenue, profit and cash inflows within a short period of time. In particular, the projections demonstrate that the Group will be able to address current cash flow shortfalls, and that it will be able to meet its liabilities as they fall due for the foreseeable future.
The Directors are therefore confident that, following the disposal of the Emex businesses and the launch of Market Access, the Group will be able to generate sufficient resources from its trading to meet the Group's future cash flow requirements and settle its liabilities as they fall due. Therefore, the Directors are of the opinion that the Group has adequate resources to continue in operation for the foreseeable future and they consider it appropriate to adopt the going concern basis in preparing the financial statements.
However, given that the Market Access business has only recently been launched and there is therefore limited track record of revenue, profit and cash flow generation, the substantial achievement of the Group's cash flow forecasts represents a material uncertainty that may cast significant doubt on the Group's and the Parent Company's ability to continue as a going concern. The Group and the Parent Company may, therefore, be unable to continue realising their assets and discharging their liabilities in the normal course of business, but the financial statements do not include any adjustments that would result if the going concern basis of preparation is inappropriate."
We return again from the ashes. But are we going to make money this time?