Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. 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.
Thanks GraphicBoy...appreciate the explanation
Cayman... because you can currently buy under the mid point price which is 2.875. I've just bought at 2.835 so my buy is also showing as a sell. ATB
Strange my buy is on this site as a sell. Anyone know why ?
are doing a VOX interview later this week early next coupled with the investor note in the post below sets this up for a real run from 3p up. Stock is very tighly held and the same BOD took inland homes from £5 mill cap to£200 mill cap pronto. Apologies is I'm a bit rampy but I'm excited about this one. GLA DYOR !!
https://docs.google.com/document/d/1ufeoKF0pV9c6ofX167_Yr9I1n96GMfZml3HkdLztO10/edit?usp=sharing
Hi Ive got some basic notes on google docs which im updating atm. Ill post them tonight here
Yeah looks like interest is growing here. Took a few today at 2.75p... expect the VOX interview to turn a few heads as well. The BOD credentials are great and it's only a matter of time (some information about what the £1.255 is being used for will massively help...) before people spot us.
Just put a post over on the inland homes BB to ask for opinions on Wicks and Malde as this is 1. A property company. 2. They have really put a lot of wedge in here. Seems like something big is coming
Could I ask how you know this? It certainly rebounding to previous levels
Bought in this morning, must admit not done too much research. But notice that board hold a lot of the shares between them.
Scalp agree 100%. At the moment its unheard of and will be until its done a few more 25% days then peeps are happy paying 4p. Directors took £100k each !! Why ? Wait and see.
How do you no? It has fallen from recent 3.4p high due to placement but what's happening now?
Will get busy soon
Argos
big fall
Massage
I am pleased to report that Energiser, via its subsidiary Cedar Green Homes Limited, has secured its first opportunity in this field. The Group has committed to inject up to GBP2.6m into a development of 12 units under construction on a spectacular site at Kingswood Park, Surrey. The development of 9 houses and 3 apartments is expected to generate a gross development value of over GBP8.5m. We have procured funding for this commitment from a number of investors who will be paid a coupon of 10% on the funds invested. In the current climate of low returns on bank deposits, this interest rate is an attractive return for these investors. Their investment is secured by way of a second charge over the property behind the senior debt provider. Energiser is entitled to 50% of the net profit of the development including a "priority return" of GBP785,000, subject to the development making sufficient profit, before the developer receives its share of profit. Construction is now well under way with the first sales expected by the end of the current financial year.
The Directors are evaluating other such proposals and believe that this new strategy will provide a substantial revenue stream to the Company and will re-build shareholders' funds. RESULTS Our residential development in Wellingborough generated gross rental income of GBP147,000 (2012: GBP149,000) and, after associated operating costs, resulted in net rental income of GBP113,000 (2012: GBP117,000). GBP100,000 of the impairment provision made in previous years against the value of the Wellingborough properties has been reversed during the year due to the market value of the portfolio increasing. In addition, the Group wrote off GBP17,000 (2012: GBP116,000) invested in the production of the high powered motor. Administrative expenses reduced to GBP73,000 (2012: GBP84,000) and after finance costs of GBP102,000 (2012: GBP 100,000) the profit before and after taxation was GBP36,000 (2012: loss of GBP 171,000) resulting in earnings per share of 0.08p (2012: loss of 0.39p). The Group's net assets have increased to GBP205,000 (2012: GBP169,000) representing net asset value per share of 0.47p (2012: 0.39p). Net asset value per share is calculated by dividing the net assets of the Group by the number of ordinary shares in existence at the balance sheet date. The Directors do not recommend the payment of a dividend. The Group's largest shareholder, Stephen Wicks, has agreed to provide further financial support to the Group for the foreseeable future, if required. As at the year end there were no loans due to Mr Wicks. OPERATIONS Our investment portfolio of 20 freehold houses in Wellingborough, Northamptonshire remains fully let and in the current financial year the Group has experienced an increase of approximately 5% in gross rents being achieved. The properties are continuing to be let on short term tenancies and during the year they were reclassified as investment property within non-current assets in the Statement of Financial Position. The Group continues to hold an investment in EiRx Therapeutics plc which has been previously fully provided against. OUTLOOK As set out above, the provision of development funding for experienced, undercapitalised housebuilders on prime sites, should enable the Group to create a substantial profit stream over the coming period and I therefore believe that the prospects for the Group are beginning to look positive. Bill Weston GROUP STRATEGIC REPORT Results and performance The results of the group for the year show a profit on ordinary activities before and after taxation of GBP36,000 (2012: loss of GBP171,000). The shareholders' funds for the Group total GBP205,000 (2012: GBP169,000). The Directors do not recommend the payment of a dividend for the year ended 31 December 2013. The performance of the Group during 2013 was similar to that of 2012, with almost 100% occupancy on the rent
29 May 2014 Energiser Investments plc ("Energiser" or the "Company") Final Results for the Year Ended 31 December 2013 CHAIRMAN'S STATEMENT INTRODUCTION I am pleased to write my first report to shareholders following my appointment as Chairman on 4 December 2013. There has been very little activity in the Company in recent years. Various corporate transactions were under negotiation which did not proceed, however they did take up a considerable amount of management time and resource. Similarly, an investment in a potentially revolutionary new high powered motor was written off as it became apparent that there were significant flaws in the concept. A decision has now been made to focus on the property sector and, in particular, the provision of mezzanine funding to small, experienced housebuilders. Since the very difficult period in the economy and the banking crisis, banks have remained very cautious in their lending policy to smaller housebuilders and require the developer's own contribution to be injected into the project prior to the banks' own capital being drawn down. There is therefore a "gap" in the market for providers of such finance to housebuilders that are having difficulty securing funding for high quality residential development opportunities in the South East of England where housing demand is strongest. I am pleased to report that Energiser, via its subsidiary Cedar Green Homes Limited, has secured its first opportunity in this field. The Group has committed to inject up to GBP2.6m into a development of 12 units under construction on a spectacular site at Kingswood Park, Surrey. The development of 9 houses and 3 apartments is expected to generate a gross development value of over GBP8.5m. We have procured funding for this commitment from a number of investors who will be paid a coupon of 10% on the funds invested. In the current climate of low returns on bank deposits, this interest rate is an attractive return for these investors. Their investment is secured by way of a second charge over the property behind the senior debt provider. Energiser is entitled to 50% of the net profit of the development including a "priority return" of GBP785,000, subject to the development making sufficient profit, before the developer receives its share of profit. Construction is now well under way with the first sales expected by the end of the current financial year. The Directors are evaluating other such proposals and believe that this new strategy will provide a substantial revenue stream to the Company and will re-build shareholders' funds. RESULTS Our residential development in Wellingborough generated gross rental income of GBP147,000 (2012: GBP149,000) and, after associated operating costs, resulted in net
Nobody cares.... Ramping a dead horse... Bet you wish you didn't invest on the spike... Not so clever are you
3-Dec-13 09:50: 200,000 6.0p Buy* 12.00k
Do not buy into something based on opinions of others. I have seen Laryy hype up shares & bail out.,he did this with JSJS designs. Look back at his posts if you wish to confirm this. I do no hype up any company,i only state facts. This company has been badly run for years but is going through changes. They have a new director which they needed badly. The shares in this company are in very short supply,less than %12 are owned by private investors. The charts are saying buy. I believe in charts more than i believe in what other have too say. Someone know about the new director before the new was released,hence the steep rise in price.
Thanks for you wishes. Your going too need it with Mariana,its a sinking ship.