Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
The delisting may not necessarily be a bad thing, Barski may have plans to sell the company within the year and that could benefit shareholders. In any case there is no choice but to stay put at the moment. Selling through Jenkins is likely to return a very poor price. Ever the optimist but I can afford to wait. Ayi
I think that it is worth sitting this one out, I have quite a bit at stake here but can take a long term view and am coming to the conclusion that there is little point in trying to dump these shares at the first opportunity. If MB wants to sell the assets quickly, it depends how he does it, either selling his stake or selling the whole company, if the latter shareholders might see a return. Ayi
I wish you good luck with your investment here. Fortunately I have no position in AEC at the moment, but I do know a lot about the organisation and its operations whereas many of the posters here seem to have a limited perception of the issues involved. I do not post a lot on LSE as you observed, I didn't know it was necessary to post lots of drivel in order to express opinion on areas where one has some expertise. Ayi
If you think it is possible that only one or two tweaks are needed you are seriously kidding yourself. Their failure to gain reaccreditation in Singapore is a disaster for the company which is likely to have a knock on effect in other markets in which they operate. The writing has been on the wall here for a while. It will take a long time for the sp to recover if it ever does. ayi
The Singapore operation was based on foreign students so this refusal of accreditation is a major blow which will have an impact on their operations elsewhere. They had a chance to put this right and failed and have now thrown in the towel. i hate to say i told you so but i did! Ayi
I admire the optimism here, but still take the view that there are many better opportunities than this with less risk. Anything other than a complete about turn by the authorities in Singapore is likely to have an adverse effect on the SP and with all the trend towards tighter regulation of academic institutions any loosening of restrictions is unlikely. Add to that the unrest and you have a considerable downside. Personally I would not touch this with a bargepole
Take a look at the 5 year chart, it does not present a pretty picture. Even if the Singapore issues were to be addressed they would be likely to have a significant impact on costs and revenues. GL with your investment, but this is not one for me Ayi
As someone who expressed an interest in this company in the past, i would be very reluctant to get involved here in the present circumstances. there is no guarantee that the Singapore situation will be successfully resolved and the risks are too great in my view. There are many better opportunities than this available in the market. The spread is too large, the share is thinly traded and the upside does not compensate for the risks involved. To each his own, your money your choice, but I would not invest here even at current prices. The Singapore situation is not just red tape, it will require substantial changes in operational procedures. ayi
I have been watching this for some time, having researched it a while ago. There is clearly a downside here as a result of the massive setback in losing out in Singapore and at the moment it is a pure gamble, the share is illiquid and the spread is vast. I have no appetite for this level of risk, if I had I would still prefer the roulette table to this share. Ayi