Member Info for 1887

sounds good. for those that averaged down im sure any payout would be welcome.

that would tally roughly in line with the rumour before the plug was pulled that it was 8p / share

10p seems too low. £1 would be nice but I think unrealistic in the circumstances. probably have to negotiate a deal with either PwC or Morrisons

I'm expecting Morrisons to cough up for the value of the shares. we ought to put a claim in. what price do you think is a fair valuation going forward? 25p 50p 75p?

I've only skimmed through the document quickly so not had time to digest it all. anyone wishing to view the details have a look on the PwC website, it's in the downloads section of the McColl's administration section.

what were the details of the offers on the table, was this rigged, how do the offers compare.
Morrisons are said to have come up with a deal that keeps the company going in its entirety, then that was superceded by the Issa deal, then Morrisons coming back with a better offer.
so what's the better offer? let's see the details. were the offers genuine or was it rigged? was the company put into administration to bypass a shareholder vote on the deal. was it necessary to put the company into administration given that Morrisons had supposedly tabled an offer that kept the company going, which they then improved further. what are the details of these offers. was the administration forced illicitly. is this all above board. has anyone rigged anything that they shouldn't have. has there been anything that the shareholders should have known about but weren't informed. has anyone operated in a way that they shouldn't have. does this whole thing look a bit odd. are shareholders going to receive anything from the offers produced. is this acceptable and were the deals done in a competitive and fair manner.

there's so much information floating around that it's difficult to get the full picture. yes there is probably some patching up and repair work to be done but the general message from HQ seems to be a humble and pragmatic approach to make the ship good. im cautiously following developments and holding out for gains over a slightly longer term.

it strikes me as "f*** the shareholders - im on to bigger and better things". no regard whatsoever.

that's interesting but not in a good way. obviously he isn't capable or willing to do both.

tumbleweed district. shareholders have been abandoned. £60m market cap might come in handy whilst they dwindle it all down to nothing for a takeover when they've burned up all the cash. happy to be proven otherwise but its like watching sand running through a glass.

im sure there are a large number of investors with questions that remain unanswered. i doubt whether telling people to move on etc is going to change anyone's view. we are yet to see the outcome of PwC's administration so let's see what they do before anyone makes a conclusion on this. we don't know the details of what deal was done so its difficult to objectively appraise things at the moment.

its questionable if it was a bona-fide legitimate collapse, it looks like an organised instruction that went exactly to plan while shareholders and the public appear to be kept in the dark as to the actual details, negotiations and deals that have been made.

why are shareholders at the bottom of the list when it comes to administration? its not alot different to an employees wages or a creditors repayment. same money. why the difference in priority? somehow the shareholders are seen as dispensable. they have an equal stakeholding in the company as do all the other interests, in fact, if it weren't for the shareholders the company wouldn't exist in the first place so you might argue that they should be first in the pecking order, not last.

ill sell to them but it's got to be the right price of course. might be interesting to see what happens on Monday. I'm not sure what to do with these shares so i figured I better go 3 ways as its hard to tell what's going to happen and when. timing is everything but at least we can rest over the weekend!

I think a placing could have been on the cards but instead other options are being looked in to. just my guess. I see a takeover or merger as too early at this stage. again, just my guess. yes, it could all be sold out to a bigger company but in the long run I see 4D as a standalone company. im not sure how that can be done. bigger companies investing in smaller companies should be the natural way forward. nurture them and let them grow. invest in them. partner with them. but let them stand on their own feet. just my opinion to throw in to the pot.

apart from the guessing and speculation, the main news is no news. odd considering RNS's used to be put out several times a month. something must have caught their attention to make this shift. engagement with the the bigger companies i suspect. when someone or something wins you over you fall under their spell. im sure its good for the general direction of the company but for shareholders and investors it could be confusing.

given all the staff vacancies advertised recently it looks very much like a going concern. I can't see Morrisons Daily shutting the doors to customers. the suspension to trading was described as temporary so as far as i can see its business as usual notwithstanding a period of transition to integrate whatever needs to be integrated.

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you will still own shares in the company which is being subsumed into Morrisons effectively. unless your shares are purchased off you outright by Morrisons, and for a price that you both agree, you could have a claim in any profits from the company which subsumed your share holdings. it would depend exactly what the deal was when it was cut, and if it was fair. shareholders should have been entitled to have a say on the deal but if that is taken out of their hands then a fair compensation in lieu would need to be made. name your price. 1p, 2p, 5p, 25p, 50p, 100p etc. what do you feel your shares are worth? bearing in mind the utility that you helped create, ie Morrisons in McColl's, what does that look like to you in terms of value and worth? to me I would say it looks like a valuable concern, certainly far greater than 1.6p. possibly in the region of 50 or 75p, going forward, probably alot greater than that. so if Morrisons want to relinquish their liability they would need to do so with your approval and at a price that is acceptable to you both. the notion that there is no money to pay you is a false one. if you are not paid off then you remain a liability until such time that that is settled.

i invested in the technology but at some point it has to be marketed and bring in funds otherwise its lost or swallowed up by big fish. I see the board of directors role as the catalyst to bring it all into reality and make it happen. those patents have got value, aswell as the tech behind it all. let's see some value realised and put back in to the share price.