Member Info for catshack

The CEO doesn't like communicating with the outside world, I am growing concerned.

Good news that house prices are up a percent and a bit and rents are stable. All good for In-house. Lets hope they start buying again as there are some real property bargains around and this increases yeild.

Kitchens it is a framework agreement that may lead to all the 53 properties being let - its currently one property. I would not consider any deal done until a few more have been taken up through the agreement. "The Company is pleased to announce a new framework deal with Jomast Properties, a direct government agency, for the provision of accommodation. In House Group have apportioned a majority of the Stockton Upon Tees properties to Jomast on the basis of a 2 year contract until 2011. This gives added security to the portfolio going forward and allows the Company to concentrate on its other property assets. Jomast have signed up for one property initially although the Company expects this to be rolled out across the remaining Stockton Upon Tees properties, amounting to 53 Units, shortly."

As typical with this share it seems news has come through to those in the know about a deal, its probably renting the other 50 properties to government. You can't loose on these deals especially as the properties would have been down at heel when purchased. An Aim listed company with cashflow from the government = heaven.

Tenants like this are gauranteed payers and any damage is covered by the government agency housing them. This may not be to plan but its a welcome move.

Big mistake buying the £200K of fake software. Smacks of corruption.

These shares were suspended nearly a month ago and no news posted on this site. This site is OK for chat but real news is on the London Stock Exchange website.

DIAMONDTECH INC ('DiamondTech' or 'the Company') PROGRESS UPDATE ON PRODUCTION, WORKING CAPITAL and SHARES CONVERSION Update on agreement with Automotive Commodities (Pty) Ltd The Board of DiamondTech is pleased to announce that Automotive Commodities (Pty) Ltd ("ACP") has taken up its role as operational mining partner of the Company's operating subsidiary Primus Special Projects (Pty) Ltd ("PSP") following satisfaction or waiver of the conditions set out in the agreement between the Company and ACP announced on 3 November 2008 (the "ACP Funding Agreement"). ACP's operational mining expertise has already reaped benefit in rectifying the unsatisfactory production position at PSP's Grasfontein diamond mining operation. The equipment to rectify shortcomings identified by ACP and PSP has been delivered to Grasfontein and is in the process of being installed. It is anticipated that production will recommence before the end of December 2008. The most recent drilling report has identified the co-ordinates of potentially diamond bearing gravel at Grasfontein, which is where operational activity will restart. The Company will provide an update regarding recovery rates in due course. Update on working capital The announcement of 3 November 2008 further set out that the Company required approximately £350,000 to cover its short term commitments and minimum working capital requirements for the nine months from the d

Someone has disposed of nearly 2% of this business at rock bottom prices. Doesn't look good for the future.

On the London Stock Exchange website there are three stories posted about the suspension of trading in this company. Surely worth a mention on this website?

Shares suspended as they can't publish accounts by 31st December plus Non-Exec resignation. V. Poor.

Cracking deal, well done Formjet. These mobile broadband laptop deals will hit just the right domestic customers for their software. A great deal.

This is worrying a tiny share deal sends the price tumbling. What on earth is going on?

See below, Breatheasy have not issued any accounts and say they are a trading name of a another company. So what are we buying here? BMV is a good revenue generator and the plan looks good but do you need to pay £200K for a company to do this?

ACQUISITION OF PROPERTY SOURCING COMPANY AND ISSUE OF SHARES The Board of In House Group plc is pleased to announce that the Company has agreed to acquire a 75% interest in Breatheasy Finance Limited. Heads of terms have been agreed proposing a purchase price of up to £200,000 to be settled by the issue of the Company's Ordinary Shares of 0.001p ('Ordinary Shares') and In House Group has issued 50,000,000 Ordinary Shares at a price of 0.05p in settlement of a £25,000 payment for a three month exclusivity period. Completion of the deal is subject to completion, by the Company, of appropriate due diligence on Breatheasy Finance Limited. Breatheasy Finance identifies housing stock at below market value with a view to achieving strong rental yields. Housing stock is acquired via a variety of key strategic partnerships and from owners looking to dispose of property expeditiously. A key facility offered to owners wishing to dispose of their property is Breatheasy's 'Tenant Stay' where the owner has the facility to stay in the property whilst paying a fair market rent rate. The tenant also has the option to purchase the property at a later date if they wish. Properties identified will be acquired and managed on behalf of third party investors and also directly for the Group thus providing a combination of additional income streams and the potential for capital growth. Properties acquired by the Group will be financed from a combi

Won't see any profit for a while but this may be a wake up call to the management to consolidate before taking on more aquisitions. What a bargain.

The company issued its final results on Friday, they are missing from this site.

The company seems to be responding well to the market changes with a diversification into selling overseas property and a change of plan to the break up and sell strategy. I am heavily involved in the private rented sector, its a good sector and this is a good and undervalued company. They have a £6m war chest to buy up portfolios and there will be some bargains around in 2009 with no shortage of tenants a recipie for success in my view take over or not.

BINDING CONDITIONAL HEADS OF AGREEMENT IN PLACE FOR MINE MANAGEMENT AND UPDATE ON WORKING CAPITAL FUNDING The Board of DiamondTech announces that it has entered into a conditional Heads of Agreement ("Agreement") in relation to a management contract with a strategic funding consortium, Automotive Commodities (Pty) Ltd ("ACP"), for the funding of working capital for its operating subsidiary company, Primus Special Projects (Pty) Ltd ("PSP"), and the management of its Grasfontein mining operation in South Africa, effective 31 October 2008 with an initial term of six months to the value of ZAR 18 million (£1.2 million). On 1 September 2008, DiamondTech announced that it was undertaking a strategic review and that it was seeking to raise approximately £300,000 of working capital by the end of November 2008 to enable it to continue to meet its short term requirements and to enable it to further market the proprietary laser sorting unit ("LRUs"). An update on DiamondTech's funding requirement is set out below. In addition, DiamondTech announced that in order to further progress operations at Grasfontein PSP required additional working capital and the Company was in discussions with various strategic investors in South Africa in order to secure this additional working capital. The agreement with ACP will contribute towards PSP's funding requirements and also provides additional mining expertise to assist the manageme

Market cap of £12m, this company is worth so much more. I can't see it staying this low without a takeover being on the cards soon. Expomedia may have problems, including paying over the odds for Homebuyer Events just before the credit crunch, however, it should turn a profit this year and the CEO is willing to lend the company £3m... I am buying up chunks of 5000 as and when I can - they are half price!