Member Info for caniscorpus

I get the impression that some of you lucky guys received the cash distribution last week. I am with Selftrade and it was only late yesterday(20th Jan) after I had complained by email that my account was credited. Am I alone in my experience or are others in the same boat? Generally I am pretty cheesed off with Selftrade. It never was much good and it has got worse since Equiniti took over.

http://www.toumaz.com/sensiumvitals%C2%AE-pilot-demonstrates-improved-patient-care-and-cost-savings-hospitals#.VbeZitjbJdg. I agree with juleshoddy. This was all trumpeted over two years ago as can be seen from the above link. Why have we not heard more if the Santa Monica hospital was so impressed? US medicine is ten years ahead of the UK and if the patch is such a game changer, Toumaz should by now have massive sales in the US. In case any medics take offence I can say my daughter had amazing and successful treatment at St Johns for a twin to twin syndrome that would have left UK surgeons floundering

Recent share trades today show nearly 600,000 buys, all above 3.9p and only one sell for under 15000 shares at a price of 3.85p. We are supposed to believe that there were no trades after the one sell at 14.05 hours. Also no uncrossing trade that normally sets the closing price. Somehow this results in a closing price of 3.875. OK not a lot of movement but particularly annoying for me whose buy of 100,000 shares for 3.95p timed at 12.07 hours is correctly shown. None of this makes any sense to me and one has to question the accuracy of the data supplied by LSE. I can only hope there is a favourable adjustment tomorrow

The minority shareholders have been hoodwinked into believing that the value of FTO's stake in CGH is based on a contingency. There is nothing contingent about the value of CGH shares - they are quoted today at 12 HK dollars each on the HK stock exchange. This means FTO's investment in CGH is today worth about 20p per share. All we get is 10p per share - the falsely named contingent value rights will produce nothing. Well done the London Stock Exchange and the London High Court. They are about to allow us minority shareholders to be sold down the river. This is nothing but legalised theft - and we are supposed to be grateful?

A poster on the II board who owns millions of shares says he is consulting his lawyers. I consider this is the only option left open for us small shareholders. The take over has to be approved by the English High Court as it is being made as a scheme of arrangement under the Companies Act. Counsel must be instructed to appear on behalf of us private investors to oppose the approval of the scheme on the grounds that it is an oppression of the minority shareholders. Trouble is someone will have to organise a class action and this will mean us being asked for financial contributions towards the legal costs. I stand to lose £20,000 if I do not get my 5 pence per share so I would be willing to stump up a few hundred or so. Yes I agree that if we can get more than 25% to vote against the proposals the bod will not be able to pass the necessary special resolution. Again the trouble is that the bod know that its private shareholders are good at whingeing but poor at standing up to the board. Sadly a number of p.i.'s have foolishly sold out recently allowing the bod in league with the mm's to reduce the sp to 6 pence. This enables the bod to say to the court look what good boys we are in offering 10p per share, a substantial premium to the pre-offer sp. They will also be able to argue that the concert party will be taking on the risk of further losses from the Armenian fiasco - a not insignificant point. I have been a shareholder since the last century and it is very tempting just to take a reduced profit now and put all these Chinese chequers behind me. If we really can get a class action going at a reasonable cost to individual shareholders it would have my support but I am not holding my breath

You seem to be in need of an update. FTO sold all its cbm gas interests to China Gas Holdings in Jan 2013. Through direct holdings and interests in a joint venture FTO now owns approx. 18% of CGH. The market cap of CGH is approx. £4bn so doing the maths this means this holding is worth approx. £700m. The market cap of FTO is £310m( ie less than half of the value of its shareholding in CGH) so all us FTO shareholders are waiting to see how this will be reflected in the sp when FTO's results come out in June/July. The reason anyone would sell FTO shares against this background escapes me but then what do I know?

Like many companies, this is what we are promised with TMZ. I'm invested here because of Sensium Vital and I thought the trading statement last month was reasonably positive in this regard. Orders now being shipped to the US and the trial with Spire starts this month. I originally bought into IMG because of Pure Radio but I parted company when that didn't seem to take off. Looks like Frontier Silicon may go the same way. Yet another loss to nurse in my portfolio - oh dear

International Accounting standards define an associate as a company in which the holding is over 20%. There is also another test namely does the investing company exercise significant influence over the company in which the investment is held. FTO's holding in CGH is less than 20% so CGH cannot be an associate on that score. Does the fact that FTO can appoint the MD of CGH amount to a significant influence? It is only if CGH can be treated as an associate that a share of CGH's future profits can be reflected in the accounts of FTO. I personally cannot see this happening but as an investor in FTO I would welcome being contradicted on this point. By the way I am a retired lawyer not an accountant. I have no time for the latter.

If the election had been made on 1st Nov I reckon the average price for each CGH share would have been approx. 8.5 HK dollars. Today CGH has closed at 8.87 and the trend seems upwards. This could mean that FTO will get less shares in CGH for the sale of its gas business. Has our BoD missed the boat? I suppose there is always the chance that the concert party will try to orchestrate a fall in the CGH sp in the period remaining(ie until 31st Dec) so I would not be surprised to see the CGH sp start dropping shortly. I would imagine that is easier to manipulate a fall on the HK stock exchange where CGH is quoted than it would be on the London Stock Exchange

In the FTO circular dated 4/2/13 we were told that Wilmar had agreed to sell its 15% shareholding in FGIH to CGH on substantially the same terms as those agreed by FTO. It now seems that if FTO requires CGH shares for the sale of FGIH, this decision would bind Wilmar. So Wilmar would have to take 37,500,000 shares in CGH instead of cash. As I read the situation Wilmar does not want the shares. There must be some deal we are not told about whereby First Marvel Investment Ltd will pay Wilmar the cash it wants, preasumably 60 million US dollars. FMIL will then finish up with shares in CGH, Wilmar will have its money and FMIL will be liable for the post completion obligations i.e. the guarantee that earnings from the business just sold will not be less than the agreed level. Surely none of the parties would have gone to all this trouble unless they knew for certain that the Mofcom approval is going to be issued. I am thus optimistic that the deal will be completed by the 30th Sept closing date. Hopefully us long suffering pi’s will at last get a reward for our patience.

As usual Del is right. Buys are being marked as sales. My 50,000 share dealing timed at 9.56am this morning was definitely a buy at 8.05p. I can only hope that these deliberate mis-statements whereby purchases are understated means that the big boys want us to think that the trend in the market is for sales so that they can pick up some cheap stock. As I say I have added another 50,000 today and I don't propose to sell until they reach 20p

Surprisingly no one has shouted me down following my piece last Wednesday. You won't just get from me repeats of RNS announcements and analysts statements. Here's a bit of new information. Segro's biggest asset is the Slough trading estate, just down the road from where I live. Yes sadly I do live in a slough postcode area. Driving round the estate all one sees are mainly vacant sites where demolition has taken place presumably to save on business rates. The estate is still the home of the Mars bar made at the Dundee Road factory. The Liverpool Road factory is now a pile of rubble and production of Bounty and other lines has long since been moved to Eastern Europe. There seem to be no pre-lets and all the new developments are spec buildings where to let signs have long been in evidence. Don't seem to have heard any good news about the Brixton Estate take over although this has plum properties right on the doorstep of Heathrow. I would love to be a shareholder in Mars. This is one of the largest private companies in the US and most of the Mars family are billionaires so we pi's don't get a look in. Still I'm glad some of yous are bullish about Sgro although it will be a long wait. My wife and I are both pensioners so we cannot take a long term view .

I note mulled wine posts on a lot of sites and I usually respect his opinion. I am afraid he has got it wrong as regards sgro. My wife is an ex employee of Slough Estates and I have seen the value of her holding come down from £8 to £2 per share over the past few years. Yes sgro is a reit but this does not mean that it distributes all its profits. Lately sgro has taken to paying ordinary dividends. I am looking at the dividend voucher for Oct 2011 as I make this post and can assure you that this is an ordinary dividend paid less 10% tax. It should be a property income distribution paid less 20% tax that my wife a low income earner should be able to recover. When I queried this with the company I was told that times were hard, it could not afford pids and that shareholders were lucky to receive a divi altogether. David Sleath is sadly an accountant and one sure way to ruin an organisation is to put an accountant in charge. Sgro is a classic example of this

Nice work if you can get it. J P Morgan organise a private placing and dish out shares to their friends in the City at 775p per share. As an OXIG shareholder I would like the opportunity to buy in at a substantial discount to the current sp, without dealing fees or stamp duty. And you get the final divi straightaway – its only mug private investors who have to wait a year for their payout. A much fairer procedure would be a rights issue so that all loyal shareholders could benefit. That’s not the role city fat cats see for private investors. If we are supposed to be grateful that the placing has been successful then put me down as one of the ingrates.

Year to date orders, sales and profits for the Group are all as anticipated and well ahead of the same period last year . This is an extract from an RNS published this morning. The market interprets this as adverse news and is presumably the reason why the shares are marked down. This doesn't worry me and I shall buy more on any continued price weakness. The news is being used as a pretext to enable mm's to get some cheap stock on their books - just part of the games they play

Last October I made a similar post to yours. As I am usually in a minority of one, it didn't surprise me that no one responded. Until this morning I was showing 100%profit on this share. Today we have a drop of 48.5 pence per share. I am going to stick with Oxig for the time being but it would be nice to hear a few suggestions about the reason for the drop. My impression of this bb is that most posters are only interested in Falkland oil failures. As for the chartists and their boring posts, they are a real turn-off. Nice to hear from someone like yourself who knows how to pick a share

As usual for me I bought in at the top some years ago. I have held on as I am optimistic about ltc. The company has no borrowings and has just come out with what I see as good figures. It is also in the health and safety market where regulators constantly demand higher standards thereby forcing customers to increase expenditure. There is also the bonus of an increased interim divi with a promise of more to come. Where is the downside - I can't see it

Have just signed up with LSE as I can't believe no one has commented on OXIG. This has gone up over £2 a share since July. I am now showing a profit of over £1.50 a share and it is still powering ahead. Come on guys this is the sort of recommendation we need. I have also just gone into CSR, Hamp and Pfd but I wish I had put all the money into OXIG