Member Info for Daymer

Can we get through 96.00 ? seems to be on an up trend today.

BBC News article http://www.bbc.co.uk/news/business-13377164 Mr Gaydon doesn't see pay TV standing still. In his view, OTT has sounded a wake-up call to operators to develop hybrid services. "The set-top box will morph into a media gateway," he says. "If you fastforward, and you think about the home of the future, you will have to have a hub, a media gateway, some form of device that's going to manage a suite of services."

Chickendoe, thanks for the summary I had forgotten about the gas sales part. Reserves upgrade alone could be massive for the share price. Time for Pele to make everyone happy for christmas and the new year ! Good to see that all todays trades of approx 100k looked like buys.

People seeing that this has great fundamentals, drop overdone. 10 x 25k buys and 2 x 49k buys yesterday afternoon.

Moved back up to 78 - 80. Not too long to wait for that upgrade news hopefully.

1.35 - 1.50

1.30 - 1.50

1.25 - 1.50 !

Thanks for the honest reply.

Excuse my ignorance, but how do you get figure of 2p for the buy out ?

Buying through TD took them nearly 15 minutes to fill my order.

Agreed, seems they want what CAN has has got !

Good to see others are feeling positive with the 50,000 buy earlier today. This company is way undervalued, its' NAV is far in excess of its' current market cap.

* Eric Gadsden, Chairman of Michelmersh will invest £384,214.50 to acquire 1,280,715 new Ordinary Shares pursuant to the Placing. Following completion of the Placing, Eric Gadsden will own 39.34 per cent. of the Company's enlarged issued share capital. * The Placing Price represents a discount of 22 per cent. to the closing middle market price of 38.5 pence per Ordinary Share on 26 February 2010, being the latest practicable date prior to this announcement. * The Placing Shares will represent approximately 17.21 per cent. of the Company's issued share capital * A General Meeting of the Company is being convened for 24 March 2010 at which the resolution for the purpose of effecting the fundraising will be proposed. * If the resolution is passed and the other conditions to the fundraising are satisfied, it is expected that dealings in the new Ordinary Shares, to be issued through the Placing and as Consideration Shares, will commence on AIM at 8.00 a.m. on 25 March 2010. Eric Gadsden, Chaiman of Michelmersh said: "These funds allow us to proceed with the acquisition of FLB which will enable us to take advantage of the current opportunities in the south east England market. This enables us to expand our operations and significantly broaden our customer base. We believe it is a very compelling move forward for the business and one from which we can create real shareholder value and establish a strong platform for the future of Michelmersh. We very much appreciate the encouragement and support we have received in the Placing from both existing and new investors. Finally, I would like to welcome Alan and Frank to the Michelmersh Board and we very much look forward to working with them."

RNS Number : 8038H Michelmersh Brick Holdings PLC 01 March 2010 Michelmersh Brick Holdings plc ("Michelmersh", the "Group" or the "Company") Acquisition of Freshfield Lane Brickworks Limited Proposed Placing of 10,000,000 Ordinary Shares at 30 pence per Ordinary Share, Notice of General Meeting Michelmersh Brick Holdings plc (AIM: MBH), the specialist brick, land development and landfill company, is pleased to announce that it has conditionally agreed to acquire Freshfield Lane Brickworks Limited (FLB), a leading independent manufacturer of high quality clamp-fired stock bricks based in Danehill, Sussex, for a total consideration of £10.0 million. The Company also announces that it has conditionally placed 10,000,000 new Ordinary Shares at a price of 30 pence per Ordinary Share, raising gross proceeds of £3.0 million from new and existing institutional and other investors. Michelmersh will shortly publish a shareholder circular in connection with the above and will convene a General Meeting for 24 March 2010 to approve certain matters necessary to implement the proposed fundraising. SUMMARY * Acquisition of FLB, a leading independent manufacturer of high quality clamp-fired stock bricks based in Danehill, Sussex. * The consideration of £10.0 million for FLB, comprises a cash consideration of £5.0 million plus £3.0 million through the issue of approximately 7.69 million Consideration Shares issued at a price of 39 pence per Ordinary Share and £2.0 million in Loan Notes maturing in 2012. * FLB will be acquired with stock, work in progress and net receivables totalling approximately £2.0 million and net debt of approximately £1.1 million. * The Directors believe that there are various compelling strategic reasons for the Acquisition including: · FLB is a well established, long standing and successful business with a strong, recognised brand name; · FLB is recognised as the sole remaining independent manufacturer of clamp-fired bricks in southern England; · FLB's strong brand name and its premium product range will be highly complementary to Michelmersh's existing products; · expansion of Michelmersh's operations in the important south east England market and the acquisition of FLB will broaden further Michelmersh's customer base; · the Acquisition will result in the combination of two experienced management and operations teams: Michelmersh will strengthen its board through the appointment of two executive directors of FLB, Alan Hardy and Frank Hanna; · the acquisition of manufacturing, mineral and freehold land assets with significant development potential; · the Enlarged Group should have have access to greater acquisition and organic growth opportunities and enhanced ability to execute these as they arise.

Company has had steady buying over the last week in contrast to the previous three. Possible announcement of new project win on the horizon ? Followed them for the last 12 months and have seen this behaviour before.