Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
"..and discussions with certain of them have now been terminated. The Company is *continuing* to engage with a number of parties to establish whether they are prepared to make such a proposal."
If this RNS was designed to crash the SP then it has had the desired effect! It's almost a pointless update as no new information has been provided.
We'll see where the SP ends up later this week.
"He might be successful in operating a corner shop though."
I doubt that very much, my relatives used to run one, open 7 days a week, almost 12 hours a day. The likes of Kiran etc will give up half way during the week...!
Try this instead:
https://gofile.io/?c=2TM0OT
Here you go ladies and gents, no need to fight:
https://www.docketalarm.com/cases/Texas_Eastern_District_Court/2--20-cv-00038/Nanoco_Technologies_Ltd._v._Samsung_Electronics_Co._Ltd._et_al/1/
This is a GOLDEN opportunity for key players to buy out Nanoco (at a very reasonable price) and continue the fight against Samsung.
Apple - would love to get another one up on Samsung after their battle against iPhone IP infringements
Japan - they have a bone to pick with South Korea re ongoing labour disputes during the war. This would be an opportunity to take down one of the largest SK firms and show them who's the boss. Sony, Pioneer, Panasonic would love to be back in the forefront of display tech after losing their market dominance over the last decade.
China - obviously want to be the market leaders for display tech
So my guess is that the leading companies are scrabbling for Nanoco behind closed doors, who will win, what will the final take-out price be? Don't know but the battle has now begun and we will begin to see their hands being played over the next weeks, months!
very disappointing indeed, but as they say crime never pays, whoever had a hand in this whether internal or external will hopefully be found and punished at some point!
https://www.sfo.gov.uk/2018/10/29/osman-shahenshah-shahid-ullah-sentenced-to-30-years-for-afren-fraud-money-laundering/
Piltick, I agree also that the end result would be a merger simplifying the company structure and allowing the sales guys (W2T) to fully represent the tech (PHE) and sign contracts without confusing cross charges.
If W2T does get 40% of shares in the enlarged company then the White family alone would have significant control of PHE and could force a board change if required.
My only hope for LTHs is that the new board are aligned and work to enhance the prospects of the company rather than try to take full control just when things are starting to turn.
I'm not exactly sure why AFC would give up £1.5m worth of shares in W2T (if they are valued at £6m which = 40% assuming we take PHEs £9m as 60%).
Perhaps AFC owed this amount to W2T? Would be good if the board clarified this in an RNS. Some more docs below:
Agreement between W2T and AFC to purchase AFCs shares:
https://beta.companieshouse.gov.uk/company/06708968/filing-history/TDg3VzdIVlNhZGlxemtjeA/document?format=pdf&download=0
The £20,000 that was deemed to have been paid by W2T - whether AFC got the money or not is not confirmed:
https://beta.companieshouse.gov.uk/company/06708968/filing-history/MzIzNzc0OTQyMWFkaXF6a2N4/document?format=pdf&download=0
I just posted this in PHE BB - AFC won't be getting any shares in PHE:
I find it rather strange that AFC owned 340,500 shares of W2T as per the Nov 18 confirmation statement:
https://beta.companieshouse.gov.uk/company/06708968/filing-history/MzIyMDAyNTI1NmFkaXF6a2N4/document?format=pdf&download=0
Then in June 19 the AFC shares were cancelled after W2T purchased for £20,000 and they are no longer listed as holders on the latest shareholder filing:
https://beta.companieshouse.gov.uk/company/06708968/filing-history/MzIzNzkwNTY5MmFkaXF6a2N4/document?format=pdf&download=0
I find it rather strange that AFC owned 340,500 shares of W2T as per the Nov 18 confirmation statement:
https://beta.companieshouse.gov.uk/company/06708968/filing-history/MzIyMDAyNTI1NmFkaXF6a2N4/document?format=pdf&download=0
Then in June 19 the AFC shares were cancelled after W2T purchased for £20,000 and they are no longer listed as holders on the latest shareholder filing:
https://beta.companieshouse.gov.uk/company/06708968/filing-history/MzIzNzkwNTY5MmFkaXF6a2N4/document?format=pdf&download=0
Absolutely brilliant work chaps - thank you very much for attending and sharing!
It seems the dark days of being an AFC LTH is over and the skies are clearing at last - 2020 should be an amazing year!
A couple of questions from me:
What's the strategy for refilling the units with ammonia - will AFC manage this or hand over to the lessees?
Is there or will there be possibility to use the system as backup power generators in buildings? Instead of diesel generators.
"talk of unrealistic expectations?"
Go on the 88E board and see what the expectations are there.... from 1p to 50p +
I don't see you trying to lower SH's expectations and help them avoid disappointment there!
Your own ramp on TRMR 1st Aug (sp 196p) now 152p - oh dear, what happened - guess it was unrealistic expectations that drove it higher, only to crash back down again?
"A X5+ bagger in a relatively short period of time. Tremor is just started that same journey."
Don't come here pretending to provide analysis by comparing apples and pears! You're in it for the price movement and to make a quick buck - at least others have been up front and honest about this. You're just a hypocrite!
Let's work together and burn these shorters!
People who believe in the company and are seeing the roots of a turnaround will continue to hold and buy on weakness.
I recommend for the LTHs to place upper sell targets of 200p or more in order to lock them away from MMs using our own stock to lend to shorters.
I'm not sure if this strategy actually works but what do we have to lose? If it works then there will be fewer shares available for loaning and short-sellers will have to buy back from a smaller pool.
Let's get those shorts burning!
Be careful folks, there's a lot of short interest out there. With many new faces popping up and TW's recommendation to sell, this is the game being played right now.
People who believe in the company and are seeing the roots of a turnaround will continue to hold and buy on weakness.
I recommend for the LTHs to place upper sell targets of 200p or more in order to lock them away from MMs using our own stock to lend to shorters.
I'm not sure if this strategy actually works but what do we have to lose? If it works then there will be fewer shares available for loaning and short-sellers will have to buy back from a smaller pool.
Let's get those shorts burning!
RBD currently owns 59% of Rathlin, as per previous RNS:
"We are pleased to have completed the Rathlin Investment, increasing Reabold's look through interest in West Newton to ca 39 per cent."
So purchasing Humber's 16% may work out in our favour, if they were to struggle to raise their share of the funds and our guys can get a good deal through, meaning RBD's share of WN could go upto 55%.
I wouldn't trust Humber to pony up the funds, they don't even have WN listed on their website as one of their projects:
https://humberoilandgas.co.uk/
Probs not important enough for them.....
Hopefully, RBD chaps can play this to our advantage