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.
Basically it’s not really delisting ! So 300-70 and nothing changed and a huge dividend. Anyone who has lost money on the markets should buy here
Hence why I was saying load up 30-50p and hold.holding these now for good. different kind of investment
have a nice day.
Mags is back to render the board a mess of nonstop ramping, excellent
I've bought in here at 34p and then because of share dealing delays and ended up topped up at a overall average price of 40p 20000 shares in total.
I didn't know what these shares will do before delisting ,through there's already a clear excellent profit ,
My thinking is that I'm owning a share that's worth more than 10 Times what I bought them for, and backed up by the obvious excellent growing earnings that's coming in, and with a very possible very large dividend payout history.
From here the dividend is the key to staying in here, with the fallback being it's biggest shareholder will sell the company or buy it all out for himself at the market average buyout price, it's biggest shareholder will have to ask a ordinary respectable bank to determine a fair price for the shares and buy the shares accordingly at that determined price, now that could easily be £3.50p or over £5 or more according to past online articles and reports, so it's seems to me a good gamble on the sum of the parts and risk, also the strong possibility of getting all your money back or even 10 Times your Moneyback so I'm staying in to see what happens here. Excellent opportunity in my estimation.
Please DYOR, never buy or sell on anyone's positive or negative forum post. GLA
No, basically it is really de-listing.
A Matched Bargain Facility is totally different to a listing. There are no market makers. They are much maligned and I freely admit that I have no particular love for MMs (essentially MMs generally sc*ew you; the deck is always stacked in their favour) BUT if you want to sell (or indeed buy) the MMs will always generally offer you a price under normal market conditions (you might not like the price you are quoted but you get a price - you might have to discount the price to shift the volume but, for any given volume, MMs will generally offer a price).
MBF, on the other hand, has no MMs. You can offer to buy or sell at a price of your choosing BUT if nobody is buying (or selling) at that price (or any price) you have no deal; you are wholly reliant on a "mug" having a contrarian view to your own. I'm not being derogatory by referring to your counter party as a "mug". Essentially, what I'm saying, is that if you're looking to sell you need to find someone who, from your perspective, doesn't think the company is going "down the tubes" and has "further to rise". Likewise, if your looking to buy you need to find someone who, from your perspective, does think the company is going "down the tubes" and has "further to fall". Regardless, from your perspective, your counter party is a "mug". MMs by comparison are ambivalent and will generally have another buyer/seller in view (they have full sight of the book before they transact); they don't tend to hold long term and are risk averse.
There might be some "action" on the MBF after the shares initially de-list but after that there will be a total news vacuum (think of tumbleweed blowing through an empty, derelict town) which will make any decisions on whether to buy or sell virtually impossible.
Re-check the original RNS. Unlike UK listing rules which require companies to keep investors notified of any transactions that might materially affect the price of your shares, the company gives no commitment to keep shareholders notified of any transactions, trading updates or otherwise, other than those legally required by its Articles e.g. shareholder meetings. Also, there is no public filing requirement in respect of accounts in Guernsey; the company is not required to lodge accounts with the Guernsey registry for public viewing (check the Guernsey registry FAQ). Guernsey-based companies are required to lodge an annual validation report, which is I believe is available for public view on payment of a fee, but the information included therein is very basic and does not appear to provide any trading information. Other than the Guernsey registry filing requirements, there is no legal obligation for the company to circulate annual accounts its shareholders unless it's stipulated in its Articles.
Feel free to check and refute the "synopsis" in my previous message; if any of the details are materially incorrect I apologise aforetime (I don't apologise for any poetic licence).
It's not my intention to mislead and the company can certainly volunteer to circulate news and annual accounts regardless of the Guernsey registry requirements but, without any stated commitment to that effect, there is no legal obligation on the company to do so, beyond what is set out in its Articles.
Feel free to step into the Black Hole at your own peril.
I've had a couple of UK-based companies de-list in the past and haven't heard a dicky bird since although I have, at least, been able to check their public filings at Companies House (they didn't make pleasant reading).
GLA
The Self-Appointed (TinPot) Sheriff ;-)
Looks like bid just stacked it, today's gains gone for now