Roundtable Discussion; The Future of Mineral Sands. 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.
The bit you are looking for, in regards to any potential dividend, is the Retained earnings deficit.
Cheers. But doesnt that show a positive? EQUITY AND LIABILITIES Equity attributable to equity holders of the parent Share capital 6,648 6,412 6,645 Share premium 25,170 24,152 25,153 Equity reserve 205 - 206 Merger reserve 1,075 - 1,075 Currency translation reserve (211) (211) (211) Retained earnings deficit (30,858) (29,187) (31,132) Total equity 2,029 1,166 1,736
Ignore Marlow; spouting rubbish! This is a balance sheet event, and if you guys can't read a balance sheet, you have to wonder why you invest. http://uk.advfn.com/news/UKREG/2014/article/63451533
Tilton Can you confirm they have £30 million deficit please, cant find it anywhere Cheers
they don't have deficit at all, they do have cash in the bank
Where is the £30 million deficit? Thought they had cash in the bank.
How about them giving us another contract before the GM rather than the two contract sweeteners that we got after Mike told us we had them weeks ago!
They have no distributable reserves. In actual fact, there is a £30m deficit...lol...
Why?
They can't pay a dividend at the moment!
Another alternative is that they may be paying a divi, after all the directors haven't seen any return on their investment
This is nothing to concern or excite. It is purely the mechanics to issue shares en bloc rather than apply for a listing of each piddly amount of shares that gets converted from the Loan Notes from time to time. It is not a pre-cursor to an imminent conversion of notes, but of course it could happen. The only reason you would want to convert, is to sell the shares in the market.
thank you paulstomach for your answer
Pretty sure it means that c. 7m shares are actually being issued under the CLN. Wonder why the loan note holders are converting now? Whether it's good or not - hard to say. Broadly speaking I'd say turning debt to equity is a good thing, although obviously nearly 7m new shares on the market that could be sold off into any rise could be a bad thing. I'd say it's neutral.
so it is a good news or not?
IMO something big is gonna happen and they know. All the holders of the cln will be scrambling to convert so they have had to allocate shares for this.
can someone help explain to me the meaning of today's rns?
Mike30 here is the contract you were hoping for. Get in as soon as you can before we break 20p.
Cause some scumbag broke into my house on Wednesday and cleared me out including my wife's presents from under the tree...... Cheeky buggers.
I think it was referenced in the rns about the siemens framework agreement
No problems, I'm sure it was the siemens thameslink for £8m. Probably another contract coming there at some point
Thanks I will have a further look
Off the top of my head, wasn't it the original contract for thameslink?
Evening Mike- On the 19th July 2012 petards were awarded a contract for £8,000,000 which states for a new client with most of the contract falling in the year ending 2014.and to be completed by the end of 2017. Any idea who the client was?It was mentioned in the interim on the 13th September 2012 but again they did not name the client only that it was a new one. Your research is far better than mine hence the question. Thanks
Russian velaro for RZD Velaro for California high speed rail ;)