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Just because you Company is off the market , there is no need not to keep shareholders in the Loop .
Come on Ronan Reid , a little bit goes a long way .
Best of
Barnaby C. Stueck should be able to lead us to above 12p , with the last court case actually making it to court .
Best of All
Of At least 12p per share from Ronan Reid & Mr Crowley .
Any less and all shareholders have the right to be , somewhat dismayed .
Best of All
NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the Tenth Annual General Meeting of Metro Baltic Horizons PLC (the �Company�) will be held at 75 St Stephens Green, Dublin 2 on 7 February 2018 at 10.00am for the following purposes: ORDINARY BUSINESS To consider and, if thought fit, to pass the following resolutions which will be proposed as ordinary resolutions: Resolution 1 To receive and adopt the audited accounts of the Company for the year ended 31 December 2016, together with the Directors� and Auditor�s reports thereon. Resolution 2 To appoint Grant Thornton to hold office as auditors of the Company until the conclusion of the next Annual General Meeting at which accounts of the Company are presented and authorise the Directors to fix their remuneration. Resolution 3 To re-appoint Tim Crowley as a Director who retires by rotation as the commencement of the 2017 Annual General Meeting and submits himself for immediate re-appointment to the Board.
Well we have differing views on this one. My view is that half a million .ie 5p is an interim .While we await the final case against the main culprits. Mr Kenny &Co . Come On Ronan . You have them by the KNACKERS .let`s squeeze tighter . And MaY
Come on Ronan . We are only going to live so long . Perhaps a bit of news ? And May
winorlose , I am in the dark as to when the payments will begin . I anticipate the first will be within the month or two . Keep an eye on Metro baltic Horizon`s website that`s where all information will now be relayed . About the valuation thing . Don`t worry , I have several shares that have no value on stock exchanges , like MET . We now enter a matched bargain phase , via our broker . My opinion is to wait until thesecond and final payout , September 2015 ( approx). The first payment of 19/20p should be with us soon. Good luck all shareholders , Come on Ronan sort it out .
Just noticed the valuation on my HF account has dissapeared, do you have any info on when and how we receive the19p approx payout or has this changed now, Thanks
http://www.metrobaltichorizons.com/assets/uploads/MBH%20Circular%20&%20Notice%20of%20EGM.pdf Good luck all the patient
All , first payout of 19p approx , in a couple of months. Lets hope a successful legal campaign concludes with a large second payout of around 19p , also . Patience required
In case you missed it... http://www.investegate.co.uk/metro-baltic-horizon--met-/rns/proposed-cancellation-of-trading-on-aim/201408071053335252O/ A £5m return would be c. 19p/share. We can remain hopeful of a fair bit more if outstanding litigation goes in our favour next year (or early settlement). Good luck to MET board, the lawyers, shareholders and all who sail...
Guys, any ideas of what the outcomes from Met delisting, will this be up to the BOD wether we see any of our investment back, i had invested in another AIM company which delisted and we investor got Zilch, this must be a possibility here as well
If all four resolutions were passed . A bit more clarity would have been nice Ronan . Good luck all
The shares are suspended. Any prices you see are utterly irrelevant. Shareholders are currently expecting a cash return fairly soon and maybe more once litigation is complete. You'll have to wait to find out how much, Hope that helps.
really puzzled with mets SP, LSE sp is 21p yet Yahoo Finance and the Halifax has the SP at 12p why such a huge difference??? and more so why the huge drop in SP were now worse of than before???
Nice to see Commerzbank brokers have joined the throng . Yes, it`s all clear Eezy . Stick with it ,not that we have any other option at present . Having been in since Ronan first took on the old team . I shall be in until the climax . Hopefully our patience and belief will be recompensed adequately. Good luck all
Why the yellow card bbr? I found it perfectly clear and in line with 9 May statement http://www.investegate.co.uk/metro-baltic-horizon--met-/rns/proposed-suspension-of-trading-and-delisting/201405091525397592G/ My guess is that they have contemplated doing something with the company's cash but have ultimately decided to return funds and finish the litigation process. Preferable to me as the outcome is a cash return rather than an ongoing business that I know nothing about...
Tut , tut . 0/10 for the spelling . Good luck all holders of Ronan`s Company .
Let`s hope the next RNS has more clarity . Good luck all , especially Our Legal Team
20:41 Buy For Ronan Gold or Silver As a shareholder , One can only put faith and trust in the Board to do the right thing . Thus far one can have no complaints about Ronan and the entire legal team and other Board members . Progress has been slow and steady in gradually realising lost assets , by which we shareholders are very grateful . Long may it continue . Happy to hold for the last case , good luck Leona / Barnaby And even through delisting
Author Gold or Silver View Profile Add to favourites Ignore Date posted 2013-07-07 09:18 Subject Delisting Info Opinion Strong BUY Votes for this Posting Message 31 May 2013 RESULT OF EGM held on 30 May 2013 10 May 2013 DBAY PLC DRAFT ARTICLES re EGM and conditional redemption 10 May 2013 DBAY PLC CIRCULAR Notice of EGM and conditional notice of redemption 17 October 2012 DouglasBay Capital PLC Tender Circular 03 October 2012 AIM Cancellation Douglas Bay You will notice ,Douglas Bay has part paid it`s value thus far ,and has possibly a little extra on top for loyalty .Expected total 16p pay off. Ronan ,one assumes will steer this course in due time.All things being equal. gla concerned @ The Met
28 February 2012 DOUGLASBAY CAPITAL PLC (the "Company") Update on implementing its investment policy and suspension from AIM Following the disposal of the investment in TDG (DBAY's principal investment) on 28 March 2011, DBAY had a year under the AIM Rules to implement its investing policy and in the event that the proceeds were not substantially reinvested the Company would be suspended from trading on AIM. In May 2011, DBAY returned approximately £197.5m to shareholders by way of a tender offer, leaving the Company with Net Assets of £24.6m, of which £15.1m comprised cash resources. Since then additional cash proceeds of £5.4m were generated through the sale of two further properties. Whilst the Company is currently reviewing a number of investment opportunities, at this point in time it is not expected that DBAY will have substantially reinvested the proceeds by the end of the 12 month period. The Board therefore, expects that DBAY will be suspended from trading on AIM at 7.30 a.m. on 29 March 2012 (the "Suspension"). DBAY intends to continue assessing opportunities with the intention of implementing its investment policy whilst the Ordinary Shares are suspended from trading on AIM. Whilst the shares are suspended from trading on AIM off market transactions may be possible. Shareholders should note that following the Suspension, the Ordinary Shares will not be restored to trading on AIM unless the investment policy is implemented within six months from date of Suspension. However, if suitable investments are not identified and completed in the six month period post suspension the shares of the Company ("Ordinary Shares") will be cancelled from trading on AIM. In this eventuality the Company will engage in a dialogue with its main shareholders on how best to return its capital in the most efficient way. As at the date of this announcement the unaudited net asset value of DBAY is approximately £22m (13.2 pence per share) and this is underpinned by approximately £16.5m in cash resources (9.8 pence per share). The balance of the net assets comprises minority holdings in quoted companies and one freehold property, and is stated after the impairment in the value of some unlisted minority investments. For further information please contact: ---------------------------------------------- After delisting all shares except one were taken and 13p paid as promised . Happy holding
I think shareholders here will be very happy to delist, KN, take a payout from current cash balance and hope for and rather expect a further payout when the litigation concludes next year. All that remains unknown is how much MET are going after the former advisors for, and why they have not settled, like the former directors and auditors. The board has promised to update on progress via MET website. That's perfect for me.
Well I have a few shares delisted and I can tell you it is not always easy to get information out of the company post delisting. I hope they keep their word and distribute funds to shareholders. Also remember it is harder to trade a delisted share using the matched system. I suppose it depends if you prefer to sit and wait or sell and invest elsewhere. GL whatever you decide.