Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
17th Jan
Thank you for your message.
There is currently no update regarding Conduity Capital plc. Please be assured if we receive a payment for any liquidation proceeds we will credit your account without delay and send you confirmation of this.
I hope this has been of assistance. Should you have any further queries, please do not hesitate to get back in touch.
Kind regards,
Corporate Actions
Hargreaves Lansdown
Bit of a shame its not very accurate for Rolls.
Heres the lowdown as I keep saying, £4!
But the LSE list is way behind!
8th Jan:
Barclays raises Rolls-Royce price target to 409 (270) pence - 'overweight'
20th Dec:
Bank of America raises Rolls-Royce price target to 420 (400) pence - 'buy'
11th Dec:
Citi lifted its price target on Rolls-Royce on Monday to 431p from 294p as it increased its forecasts after the engine maker's capital markets day.
8th Dec:
UBS raises Rolls-Royce price target to 400 (350) pence - 'buy'
8th Dec
Deutsche Bank raises Rolls-Royce price target to 400 (310) pence - 'buy'
17th Nov:
Deutsche Bank raises Rolls-Royce price target to 310 (210) pence - 'buy'
8th Nov
Morgan Stanley raises Rolls-Royce to 'overweight' (equal-weight) - price target 275 (166) pence
31st Oct
Barclays raises Rolls-Royce to 'overweight' (equal weight) - price target 270 (239) pence
Advisory 1:
Conduity Capital plc – Voluntary Liquidation
Your holding of xxxxx shares within your Fund & Share Account
What is happening?
The board of Conduity Capital plc has announced details of a proposal to liquidate the company and return cash to shareholders. The company will appoint a liquidator subject to shareholder approval at an extraordinary general meeting (EGM) on 29 September 2023.
How much will I receive from the liquidation and when will this be paid?
The company is expected to have sufficient cash resources to make distributions. The date for these has not yet been announced. We will contact you again once we have received confirmation.
Yours sincerely
Corporate Actions
Advisory 2:
Thank you for your enquiry.
I hope this message finds you well.
We can confirm that the liquidation resolutions have indeed been passed, and the company is now in the process of liquidation. However, it's worth noting that the company is in the early stages of this process.
As the liquidation proceeds and we gain more information about the timeline and distribution of assets, we will keep you informed. Rest assured that we are closely monitoring the situation to ensure your interests are properly represented.
If you have any specific questions or concerns about this process, please don't hesitate to reach out to us. We are here to provide you with the support and guidance you need during this transition.
Kind Regards
Corporate Actions
Hargreaves Lansdown
Please note the information contained in this email should in no way be construed as personal advice. If you are unsure about the suitability of a product or investment for your circumstances or do not know how best to proceed you should seek professional advice.
When a company ‘calls upon’ its shareholders to make full payment on shares bought, the value of the issued shares which are not fully paid for is referred to as the called up share capital.
I dunno, and thats what there after lol
The first bit is irrelevant, they mention it then say don't worry about ti.
Dont quite understand it being an issue anyway oif the scheme of arrangement money was showing on the balance sheet.
And of course they will get the capital raise done in time, you dont soend 3 years sorting all this out then fail to raise lol
If it dips on open I’m loading…
Not sure how they get away with it. Seems like market manipulation to me.
https://m.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/news/ROLLS-ROYCE-JP-Morgan-reiterates-its-Sell-rating-42758226/
JP Morgan analyst David Perry reiterate his Sell rating on the stock. The target price is unchanged at GBX 70.
Success rating 51%
https://www.tipranks.com/experts/analysts/david-perry
I think CCAP still have cash in bank but the cash paid out to enable a reverse takeover will be paid in shares.
Die-diligence work and negotiations
All of the money CCAP spend on the failed reverse takeover will be paid back to CCAP in Smarttec shares.
Meaning CCAP will become and shareholder, we will then see more value in market return.
All that said we need a reverse takeover for CCAP to hit the market again and enable us to trade out CCAP shares; if they trade as CCAP…
RR engines! Lots of them….
https://seekingalpha.com/article/4538939-airbus-stock-could-offer-significant-rate-of-return
If they started to RNS this stuff it would help.
https://www.travelnewsasia.com/news22/59-BeijingAeroEngineServices.shtml
Main page ??
https://conduitycapital.co.uk/
Proxy form was here:
https://conduitycapital.co.uk/wp-content/uploads/2022/07/CCAP-AGM-Proxy-2022-Final-revLAW1.pdf
Publications, including AGM’s here:
https://conduitycapital.co.uk/publications/
Found the resolutions here:
https://conduitycapital.co.uk/wp-content/uploads/2022/07/CCAP-AGM-Circular-2022-FinalrevLAW2.pdf
What were the resolutions that were passed?