REMINDER: Our focusIR Investor Webinar takes place TONIGHT with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
many big sells 4my liking today?
Three appointments to enhance US business potential.
Edison research report http://vimeo.com/67215906 Hope this works
Positive analysis from Edison from Monday. Also check out interview on TIG website. Sorry unable to copy and paste links.
good on the old 3month,excellent vols again.gla.
Kabouter Management (US investment house) increases holding to 4%. This looks like a real vote of confidence for TIG. Kabouter seek out non US small caps in growth industries who are yet to be discovered by the larger institutional investors. They aim to hold the stock until large institutions wade in (driving up the price). Kabouter say they sometimes engage in 'friendly shareholder activism' to help companies become more attractive to larger institutional investors. Cracking!
That is really odd. I have held these shares for about six years, maybe that's got something to do with it? Or perhaps my online broker has a good relationship with TIG
Hi Goodfellers. I applied for less than half the additional shares that you applied for and I got zilch.
Well done you guys who managed to get any placement shares. Nice tick up today for everyone though. I re-read the RNS recently and completely forgot that, in addition to LAS, a further acquisition is likely with placement funds. Things livening up now.
All resolutions passed.
Sounds like you did well, Goodfellers. GLA
I applied for an additional 1600 and actually got just over half. I think the smaller investors (me) got preferential treatment for some reason.
nobody got additional shares :(
With the placing I was entitled to 2322 shares which I duly accepted, I then applied for an additional 5515 shares which I didn't think was a lot, it was just like a little top up, I paid my money and have now received a refund for the full additional amount. Cant believe I wasn't able to obtain any additional shares. Anybody else had the same problem ?
A good day. Lots to look forward to. Placement done and moving forward.
Indeed PingPong
All is looking very good for the long term.
Looks good. Senior appointment to drive technological growth strategy and NFU increase their holding.
Well Modsa, I would say that's mainly because the market views the placing as a good move and the funds will accelerate growth thus the dilutive effects are offset by potential. Plus, the discount wasn't huge and neither was the new issue. Got another holding going through placement at the moment and aside from little ticks down I'm not expecting any major reduction in sp for the same reasons given above. Good news on the director buys today.
Most annoying, usually the price falls to below the placing price. Whay not in this cas?
I'm liking the attention this share is finally getting.
Hello all - I've done some research and decided to buy in here. Looks like a sound proposition with a well paced development/expansion program. What is particularly interesting is that Rob Terry claims to have taken senior execs from TIG but this seems to be having little or no effect on TIG. Sign of solid foundations I think.
Nice little rise today. Seems like this may be the reason; Proposed Firm Placing and Placing and Open Offer at 32 pence per New Share The Board of The Innovation Group plc ("Innovation" or the "Company") announces today that it is proposing to raise gross proceeds of £67 million (approximately £65 million net of expenses) by the issue of 209,375,000 New Shares by way of a Firm Placing and Placing and Open Offer at 32 pence per New Share. · Approximately £33.5 million will be raised, before expenses, through a Firm Placing of 104,533,556 New Shares; and · Approximately £33.5 million will be raised, before expenses, through a Placing and Open Offer of 104,841,444 New Shares. The Issue Price represents a discount of approximately 5.2 per cent. to the Closing Price of 33.75 pence per Ordinary Share on 20 February 2014 (being the last Business Day before the announcement of the Firm Placing and Placing and Open Offer). Investec is acting as sole bookrunner on the Firm Placing and Placing and Open Offer. The New Issue is being fully underwritten by Investec subject to, and in accordance with, the terms and conditions of the Underwriting Agreement. The New Issue is conditional on, among other things, the approval of Shareholders at a General Meeting to be held at 9:30 a.m. on 13 March 2014. Details relating to the General Meeting will be contained in the prospectus concerning the Firm Placing and Placing and Open Offer (the "Prospectus"). If the Resolutions are passed and the other conditions to the Firm Placing and Placing and Open Offer are satisfied, it is expected that dealings in the New Shares will commence at 8:00 a.m. on 14 March 2014. It is intended that the Prospectus will be sent to Qualifying Shareholders next week. Further details of the Firm Placing and Placing and Open Offer are set out in this announcement and in the Prospectus.
it rqches pqrity with QPP again? At least I don't worry about TIG!
hehe, cheers.