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please don't all dump this is hopefully getting up to fair value I still need another 50% to break even !!!
Thanks just had a look so it looks like we are forecast to be in profit in 2016 hopefully close to 1/2 million, forecast by Allenby capital not read the full report but here's a link for anyone interested http://allenbycapital.com/research/research-traf_19_1421132385.pdf Regards Arfur.
No posts & the share price is up someone must be buying & maybe buying some houses no news out yet I still hold a few in hope.
not to sure not been following him or her ten bag man on adfvn, I have lost faith in all of the markets I don't have time to gamble or check up on who's who, I have done well from him/her in the past & some duff ones also done well from you Thanks. Regards Arfur.
You need to check the past history broker jumping hence suspension & now back with a new broker,there promises of a £50 million market cap company,that has not happened + director dodgy-ish dealings/house purchase for loan of shares I sold out after this & not to forget your evil nemisis Tara tipped this ages ago LOL. regards Arfur. p.s. was also thinking of buying back ?
I have given up also I left what remains in my account might get a penny or two back at some point. Another aims cesspit share not worth investing in Who makes money out of this market certainly not the average small private investor !!! Good luck Arfur.
Loans good or bad Interest rate risk The Group is sensitive to changes in interest rates principally on the loans from banks. £ 2,000,000 of the loans from Mr Johnson bears interest at 5% pa (2014: 5% pa), although Mr Johnson has waived his right to receive interest in the year.. Mr Dubois' loan of £ 300,000 within other loans, from his Pension Fund attracts interest at 12% pa (2014: 12% pa). Additional loans of £ 365,000 included in other loans attract interest at 10% pa (2014: 10% pa). The impact of a 100 basis point increase in interest rates would result in additional interest cost for the year of £ 24,325 (2014: £41,283).
http://www.investegate.co.uk/trafalgar-new-homes--traf-/rns/final-results/201507171723464368T/ The period under review has been disappointing, as much of our recent efforts have been devoted to our Staplehurst site where we have, unfortunately, been refused planning permission to date. However, we are confident that we will in due course be able to use this land for a major development. We have also experienced significant delays and cost over-runs during this past year on the completion of our Oakhurst Park Gardens development in Kent. The Group incurred a substantial increase in construction cost (due to the liquidation of the building contractor and the requirement to replace it with others to complete the development) and an additional and substantial increase in the financing cost of the development due to the time delays. The banking finance cost of this development amounted to circa £1,300,000, a figure considerably greater than anticipated. During the period under review we sold a total of seven of the remaining eight units, leaving one unsold at the year-end. Not good bigger losses in a building boom worst house builder on aims Yep!
http://www.investegate.co.uk/trafalgar-new-homes--traf-/rns/project-update/201506301045056484R/ Trafalgar New Homes, the AIM quoted property developer operating in southeast England, today provides an update on its development portfolio. The Company's appeal to its planning application at Staplehurst, Kent, was dismissed. The Company is reviewing its options with the site and intends to seek the advice of its planning consultant on the prospect of submitting a new application for a revised scheme and which they hope might address the reasons for the previous scheme to be rejected. The Company's previous application was for a development of 22 homes. The Company holds an option over the land concerned, which has been extended twice to expire on 21 May 2016. The Company is entitled to purchase the land at its current use value, whether or not planning permission is granted to it, at any time prior to the expiry of the option agreement. The Board of Trafalgar New Homes still believes that there is potential for a housing development on this site, as they believe there is both need and government desire to increase housing supply in the area. The Maidstone Borough Council Strategic Housing Land Availability Assessment has identified the land as being suitable for a limited quantum of housing. On other projects, we are well advanced on our building programmes at Ticehurst, East Sussex (two houses) and Borough Green, Kent (two houses) and are about to commence work on the Tunbridge Wells, Kent site that we own (six apartments). It is anticipated that these sites will contribute to earnings in the current financial year. On the site at Sheerness, Kent we are in the process of choosing a contractor for the construction of the six houses to be built thereon and once chosen, work will commence. In addition offers have been made to purchase sites in Platt, Sevenoaks, Kent (four houses) and Edenbridge, Kent (three houses) which sites, with others, are expected to contribute profits for the year ending 31 March 2017. At Oakhurst Park Gardens, all but one unit has been sold, which is currently being let for the time being. We continue to consider development opportunities presented to us and have no shortage of referrals from our favoured land agents and consultants in addition to those opportunities generated by and through our own investigations.
Appeal dismissed = no building the 22 dwellings = no profit to be made, the worst house builder on aims I feel but hopefully they can do something else ? planners in this part of kent don't seem very helpful I live in hampshire & building is booming nothing seems to get refused. hopefully when a rns comes out it will reveal some profits from there other sites & a healthy bank balance.
Well Done to ark now pvg taken 50% out at 63p just over a year in waiting small punt but now in a good 100% profit ,oh why oh why can't I get it right did by some at 28p tiny top up as all my money is stuck in xel. Good luck All. Regards Arfur.
I'm surprised by the share price here after the takeover & consolidation for me this means I am almost at break even & looking like this share is held very tightly by the directors Rajan uppal 50%, Dominic toner 19% Also other holders plus Tara (were are you) I reckon almost 80% of shares are held non for the market ? I will be waiting for 50p & probably off Good luck all
You can check it now probably not worth it. It is expected that Admission will become effective and that dealings in the Company's ordinary shares on the London Stock Exchange's main market will re-commence at 08.00 am on 27 February 2015. The Company's TIDM code will be PVG and, on Admission, there will be 13,951,773 ordinary shares of 10 pence each in issue. Therefore, on Admission, the total number of voting rights in the Company is 13,951,773. http://www.investegate.co.uk/ark-therapeutics-grp--akt-/rns/cancellation-and-publication-of-prospectus/201502261600510106G/
Anyone checked there account mine shows a 99% lose was 5% up before LOL.
4. Consolidation and Subdivision of Ordinary Shares The Directors wish to see the nominal value of an Ordinary Share increased from 1 penny to 10 pence per share and to see the Company's issued ordinary share capital on Admission being 2,092,766 Ordinary Shares of 10 pence each (excluding the Subscription Shares), which requires the Company's share capital to be reorganised. There are currently 209,276,676 Existing Ordinary Shares in issue. The nominal value of the Existing Ordinary Shares is 1 penny each. Details of this proposed reorganisation are set out immediately below. It is proposed that every 100 of the Existing Ordinary Shares of £0.01 be consolidated into 1 share of 100 pence each and then be subdivided into: · 1 New Ordinary Share of nominal value £0.10; and · 1 Deferred Share of nominal value £0.90. The effect of the Consolidation and Subdivision will be to increase the nominal value per Ordinary Share by a factor of ten to £0.10. This ensures that the Subscription Price of 10.1 pence per share is able to be implemented against a nominal value per share of 10 pence. The purpose of the issue of the Deferred Shares is to ensure that the Consolidation and Subdivision does not result in an unlawful reduction of capital of the Company. Upon implementation of the Consolidation and Subdivision, Shareholders on the register of members of the Company at the close of business on the Record Date will exchange 100 Existing Ordinary Shares for 1 New Ordinary Share and 1 Deferred Share. The proportion of the issued ordinary share capital of the Company held by each Shareholder at the time of the Consolidation and Subdivision will be unchanged. The New Ordinary Shares arising on implementation of the Consolidation and Subdivision will have the same rights and benefits as the Existing Ordinary Shares, including voting, dividend and other rights. The Deferred Shares will not entitle holders to receive notice of or attend and vote at any general meeting of the Company or to receive a dividend or other distribution or to participate in any return on capital on a winding up other than the nominal amount paid on such shares following a substantial distribution to the holders of Ordinary Shares in the Company. Accordingly, the Deferred Shares will, for all practical purposes, be valueless and it is the Board's intention that, at an appropriate time, the Company may repurchase the Deferred Shares, cancel or seek to surrender the Deferred Shares using such lawful means as the Board may at such time determine. The Deferred Shares will not be admitted to trading on any stock exchange. Hope i'm wrong can you trade & sell the deferred shares if not they are worthless. Regards Arfur. I have a few quid here
100-1 consolidation of shares, they will be worth 10p with deferred shares worthless I think shares holders have been robbed unless i'm wrong Tara?
66.3p 1st october 2010 never to be repeated I would guess, hard to think its not going to happen anymore h2o to h2 no so many good things could come out of solar or hydrogen energy, I keet looking here but can not see any value small orders, little revenue's that's aims for you is it cheap enough with going concerns. Regards Arfur.
Come on Bank come back say something TRP!!!
Duster should not have bought in greedy times in the past money was needed oily & quick from rockhopper to desire one chance to another all the bull carp on the boards & I got locked in on a weekend along with a lot of others in the past history will I learn, will others doubt it. Still take a chance were there's oil there's money & greed good luck All.