Member Info for ColdTony

Oh, and also ignoring how much of the stock was probably dead. Saying that they bought three companies "for nothing" just isn't accurate. That doesn't happen in the real world.

You're ignoring the debt they took on.

"The three previous takeovers Thorite, Allswage and Thomas were essentially bought for nothing."

Should also point out that this isn't remotely true, and part of the money they're raising is going to pay down some of the debt they took on.

Doubling Benelux business will bring that up to about what they do in Ireland (north and south), so from about 10% to 20% of turnover. (Very roughly - I'm not up to date on their financials, just what I hear). I'm having a hard time getting excited about them buying another middleman company.

FLO share price was about a quid when Mike England took over, now it's half that. If he was a magician he might be talented for making all that market cap disappear.

Bit of a novelty seeing so much action on the trades tab here today.

WTH used the spare cash in my account to pick up two grand's worth. Hey, it's better odds than the casino. Just need Mike to bring the share price back up to what it was when he took over.

To be clear, I wouldn't recommend anyone buys into this shower. I've already made my money off them.

Back in Bryce's day the mantra was growth through acquisition. When that stalled he was pushed out and Mike England hasn't done much better, spitting out initiatives like a lawn sprinkler.

A £10m equity raise on a £35m company doesn't give me a lot of confidence, but I'm only holding a small amount of shares these days so not worth me trying to sell, especially as there's a hard ceiling on the price for the foreseeable.

Anyone feeling positive about this?

New Investors don't really understand "spread". With a highly traded stock, like Greggs, what you see is what you get. There's not much difference between what people want to pay and what some people are willing to sell for. Flowtech is a small cap share. There are two share prices and people confuse them. There is the price someone is willing to pay, and the price someone is willing to sell. Two sides, taunting each other, waving share certificates or cash while a giant clock in the background ticks off the seconds, each beat chilling the heart of those involved.

A larger spread, between the selling price and the buying price (to be clear, the value of a share is what people are prepared to pay and also the value that people are prepared to sell at. Shares have no inherent value) is probably down to low volume.

Most Flowtech shares are held by people involved in Flowtech. A small percent of shares are held by independent investors.

So, a big jump might indicate someone on the board buying up shares they see as cheap. Or Someone on the board trying to reinforce the price. But that big jump isn't actually as big as you think, if there is already a 15 or 20% spread between the established buy vs sell price. The spread is shown right here on LSE. Pay attention to it.

Haven't paid much attention to the detritus of my AIM exploits from several years ago, but am I safe to assume Sefton is a write-off, just accept the buy back and put the money towards a bag of crisps? Supermarket crisps.

@EricDraven Cheers! That's what I thought. To be fair, there was money to be made cycling ORE back in the day, before incovenient things like reality occured. I'm pretty much all about banks these days, learned some expensive lessons from AIM stocks. If you reply back don't be offended if I don't get back to you. I don't really bother with LSE much either. Another lesson learned from back in the day. :)

Got a message about this CSO. I was sitting on shares that cost me a couple of grand on a wheeze years ago, which now wouldn't buy me dinner - I'm assuming there's no upside to throwing good money after bad. Yesno? If I don't take up the consolidated offer what happens to my existing 300k shares? Do they go away? I'd be okay with them just going away. Effing annoying seeing them on my portfolio to be honest.

So Flowtech has bought up HTL. I used to deal with HTL when they were BYPY. As an aside HTL is about the worst name anyone could choose for a company in the 21st Century, PARTICULARLY as there was already a well established hydraulics company with those exact same initials. Oh, HTL stands for Hydraulics and Transmissions Ltd - so if you do a Google trying to find them, chances are you'll land on a Parker website. Always loved dealing with the actual company though. Really good staff from top to bottom. Hopefully they change the name now they're under the Flowtech umbrella. No idea what BYPY stood for but at least it gave a unique Google result when you wanted to get to the website. I'm pretty much 100% banks for my week by week trading these days, but anyone got a strong opinion on these guys?

"Times like this that you start to regret not averaging down" I have caught so many falling knives that way...

Ignore that, wrong board. VAT return then. Dum de dum.

Now I remember why I had him filtered. NGL is a gold producer - a world away from the somewhat speculative investment SOLG is. By the time SOLG gets into production it'll be worth five times the current price (five times = a number pulled out of my butt). You may as well compare SOLG to SOLO because their tickers are similar. There was that 80p boom that pulled a lot of people into the share, including me, and what followed was months of pointless argument. The board is fairly dead now and that's fine. The only people who feel the need to post ramping and de-ramping messages have no interest in the share as a long-term, potential, investment. Nor is there any need to "warn off" potential investors who might be "misled" by "lies". The main investors are in place and aren't moving. When or if they move things will get interesting, until then the volume being traded is small and the traded price unrepresentative of the actual perceived value of the share to real investors. And why am I even posting? Because it's waste time on here or do my VAT return. Dear god no, the VAT return...

How exactly can you be tricked out of your shares? Isn't this just gonna lead to a price spike as people buy in?

Thanks for that. Nice way to start Monday.

I'm showing a price of 42.5p on Google Finance - do I take it with a pinch of salt? All the prices on my virtual portfolio on Google Finance were totally screwed up yesterday.

TBH I think the news is mostly out. Third mine on the go, production 10% up on last year with more of the same expected for the next 12 months. As goldies go this is kinda dull but reliable. The price has been jumping around between 165-180 for a while now, with a high of around two quid. I'm in here as a hedge against my more speculative mining stocks but still expect to see good gains in the long term.

I topped up here about a week ago. Hoping we see £2+ again soon..

Oh, also possibly contact Highland Resources, a Canadian company I found on the Canadian exchange. Possibly the result of a merger. http://www.highlandresources.ca/s/Home.asp

http://www.highlandgold.com/hgm/company/aboutus/ Incorporated in 2002, so likely not the same company, but it might be worth contacting them. Heck, the shares might even be collectible, although unlikely to be high value as curios.