Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone 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.
Take a look at today's RNS and previous RNS. AT the end of today's RNS, there is contact names such as PR or Brokers etc. If you call the PR they would tell you that SYQ is no longer their client. This is definitely delisting. Don't wait for the announcement. Inform FCA, ASAP.
Investors, inform your MP to investigate why large companies in Indonesia is refusing to make payment to SYQ. Are they working together with Jamal Husein in order to help him take away the company cheaply? Do it now before it is too late. Don't trust these Asian - Chinese, Malaysian or Indonesian. They are always cheating UK investors. I have experience this kind of fraud with AMI.
If this company allows it's shares to be cancelled, following these results, I'll be contacting the fraud squad.
drew62.......agree, no accounts and extension after extension. Shame on the board. Another shite company.
I also doubt there ever was an intention of an offer, more likely that was a delaying tactic in the hope that a debtor payment was forthcoming.
I think this is bust and may well be laid to rest on Friday, armistice day, RIP.
meant to say, ' visited their office and nobody was there'.
There as been another RNS since the 28th 4unme taking up to the 11th November ===================================== Interesting. There is no announcement on SYQ website. Someone who lives in the area visited there this week and nobody was there. There is no one working in their office in UK? or Halloween Monsters ate them all? Sorry, I know it is not funny for shareholders.
Dont panic peeps, imo this is close to the deal as per last RNS. Only a week or so to go.
There as been another RNS since the 28th 4unme taking up to the 11th November
Shareholders, you may want to inform FCA. http://www.investegate.co.uk/syqic-plc/rns/further-re-possible-offer/201610280714027151N/
I am in Malaysia and nobody knows this company but LSE don't help because they have missed an RNS from the 28th which extends to the eleventh of November hope nobody is in to heavy GLA.😉
I got information from a friend that Walbrook is no longer SYQIC's PR. SYQIC telephone line is directed to a call centre. SYQIC is shutting down UK office? Good luck shareholders.
Will it ever come out of suspension? No results means listing could be terminated. Have minorities here been duped?
This company is ready to blow...turnaround is here and Bidco want this cheap and at the right time for them. Just when serious shareholder value was about to be unlocked... No cheap deal please..
Interesting, no news this morning. I looked at the website this morning and noticed SYQ is providing services in Myanma ( formerly Burma). That was never announced before? Or May be I didn't notice it before.
extension... Cant believe it's taking so long given bidco is CEO of Company. Made me laugh when I read that bidco is enquiring as to reason fo qualification... for pete's sake the ceo knows exactly what it's about lol. Dont drag your heels, you want the company, make a decent offer...We know Syqic has real value. BoD cut to the chase and stop this front.
When takeover bid was announced in April, the share price was 19p -20p. Bidco should offer at least 20p to investors. IMO Don't rush to sell when it comes out of suspension as that would only lower the share price. The RNS mentioned they expect to get paid by major customers but it was far few and slow. Which meant they would be paid in full but taking longer than expected. GL shareholders
When takeover bid was announced in April, the share price was 19p -20p. Bidco should offer at least 20p to investors. IMO Don't rush to sell when it comes out of suspension as that would only lower the share price. The RNS mentioned they expect to get paid by major customers but it was far few and slow. Which meant they would be paid in full but taking longer than expected. GL shareholders
This looks like an orchestrated scam to acquire the Company on the cheap, it wouldn't surprise me if Utilico are in on it. I suspect that's why SYQ avoided a placing.
Yes I agree, it looks like we're about to have the Company stolen from us right under our noses.
This is now looking silly. Dirs loans being suddenly emphasised, Trade debtors provision being considered and likely as well as a qualified auditors opinion. Looks like syqic is being set for a cheap deal. Am feeling disgusted here. Will have to make a formal complaint. This is how aim is a feeding ground for companies to advance their projects at minimal finance cost and rip off poor investors. Disgrace. Everyone should think about the aim rip off and complain to mp's. I wonder how well the much lauded yoomob and cool2vue are doing and are worth and impact on cash collection. NOT HAPPY.
Well if that's how this pans out, I'm sure the SFO would investigate.
If I wanted to take out minorities how about not posting results, getting shares suspended and then a low ball offer,.....or no offer? Then I cut out minorities for nothing or very little. At what point would the SFO become interested?