Member Info for AndytheMKDon

fill your boots.. bought at 0.6 on friday amidst the panic and sold today at 1.2.. 100% in a few hours.. nice.. still holding quite a few as think there is a longer term game here also.

they will swing this one around all day every day for the next weeks so plenty to be made if the timing of entry and exit points is good. still think the overall trend will be up imo.

now up 62% on the day with 1.23 being offered to sell.. Red cant see an r n s coming as if they had something to say they would have said it friday in the other r n s. the only r n s we might expect over the coming days or weeks could be a take over imo.

1.15 to sell 1.37 to buy.

like you say the value of the share price is no where near the real value of the company and if somebody wants to buy most of the shares on the open market over the next four weeks they are not going to get mine at this price,, patience favors the brave. gl all

now up 50% on the day and 1.28 being paid..

imo we will be back at 1.5 to sell in the very near future.

1.4 just paid 353,000 shares bought.. somebody knows something as we have suspected for some time.

1.2 paid and up 44% on the day.

1.1 just paid. would expect this to rise considerably this week.

So for what it's worth I will give my take on things. Firstly the company have restructured the debt and converted the loan holders into equity holders hence tying them into the company. This takes away any likelyhood of any of the previous loan holders foreclosing on the business as they are now shareholders like us. Having now cleared it's debts and with a growing order book there is a very strong likelyhood this company will now make profit which is probabbly why the loan holders accepted a loan for equity swap. There is also a strong possibility given the growing sales and impending profits that the company is ripe for take over which is probably why the loan holders also accepted equity for debt with the prospects of a future pay out given their now "Prefferential" creditor / shareholder status. Next issue if you look at the balance sheet of the company the fundamentals of the company are not that bad given the now debt free status as much of their previous revenues will have been used to service debt. Next; Even though from the 18th of April you will not be able to trade the shares on the open market you still own the shares i.e. they are not worthless they are worth the same on the 19th of April as they are on the 18th of April. Why are the shares still being heavily purchased more likely because somebody is taking up a heavy stake in the company and whilst understanding the 3% rule there are many ways around it i.e. buying shares in other names wife / daughter / son / auntie / uncle etc etc we all know the game. So with all this said and done why would somebody or a group of people be re-structuring and then re-acquiring the company? simples.. to make money.. which is why i feel there is a lot more to come yet. why would you want to hold as many of the shares as possible or if possible more than 51%? again a simple answer so that in the future you can make decisions on the company without refering it to meddling shareholders and more importantly you dont have to share your profits with them all of which makes the company more attractive for any prospective buyer. My position with these is to let the end game unfold however, understanding others positions can fully understand why some will exit before the 18th, and just a tip somebody wants these shares so dont give them away as even now you can get considerably more than the bid price with a real expectation of increasing value over the coming weeks imo.

should have said cant buy them on the open market.

the BOD have the funds from the sale of the aerospace business to buy up shares on the open market at bargain prices right now. after de-listing there will still be shares held by private investors whom the board will either have to make an offer to try to buy up those shares of have to share any future profits with.. just because they de-list it doesn't mean you loose your shares it simply means you can't but them on the open market. imo there will be a take over of the company or MBO within the next 4 weeks.

for the last week has now got another month to buy as many as they can get before the 18th of april.. dont give them away today in a panic this one has still got many twists and turns left in it.

this will bounce once the news has been absorbed imo.

Everybody thinks the resolution and de-listing is bad news in fact the company is now debt free and has a stronger balance sheet with growing sales. The reason they are de-listing is to make the company more salable which imo could occur before the 18th of april. they are prime for take over. The completion of the restructuring will provide the Company with a strengthened balance sheet, which will enable the Company to continue to explore strategic options including a sale of the Group while continuing to develop its business and operations.

If some who are holding think this is a dead duck then cut the losses now. if however you believe the company looks healthy having re-structured it debt and with a growing order book then even if it's a private ltd company it doesn't mean its flawed it merely means you can not but its shares on the open market. if they de-list they would have to publish how shares in the public domain are valued in the new company it's possible they could offer PI's a price for the stock which for sure would need to be above current market value or risk a share holder revolt.. we still own shares in the company even if they are not on the aim market. i would expect an r n s this afternoon.

I'll settle for that and look forwards to what tomorrow will bring in the crazy world of GTE.. gl all its beer o'clock.

will somebody give me to see a 5 million share buy go through after close??

while the bid was showing .95 they were offering me 1.4 to sell !!!! jokers we know they need shares but are trying to get thm on the cheap rather than raise the bid to 2p+ which what they will have to do imo to get any volume of sells..