Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
We all agree that oridnary Pi's are being truly shafted by RSL over the Consolidation, the RI is a separate issue. How on earth can any company get away with consolidation of shares 30:1 and only increase the SP by 4. It does stink, no one will make out of this and I expect that in six months it will be a huge scandal like Madoff. Those that had huge holdings did well to sell in my opinion. In my case with deakliong costs selling now would yield me virtually nothing. At least RSL will waste money sending me voting forms etc for years to come!
If you continue to slander me on this or any other board I will ask for you to be banned. I have my own opinion of you (others may be able to guess what it is!) but I will not lower myself to your level by posting personal attacks on LSE
Thansk for the tip. I do have some photos of our stained chair. It breaks my heart to see it ruined by a pair of jeans. If it was ten years old I wouldnt be as bothered. The fact M&S used to be a byword for customer care with what used to be the no quibble returns policy have acted like they have makes me so angry.
lets do some maths....... Before the RSL shareholder consolidation?RI con trick your shares were worth 4000 x 70p = £2800 You sold your shares after consolidation 133 shares x 235p = £ 312 You sold your Rights at 83p x 2266 whcih gave you = £1880 Total after = £2111 THIS REPRESeNTS A LOSS TO YOU OF £688 It beats me that shareholders are putting up with this Cowdrey con trick! As I said before I only had a few £460 worth in the old Friends Provident dividend paying days. I now have 6 shares @ 235 = £14.10 And rights worth say 83p X 104 = £86.35 Total £100.42. Pre all this my holding was worth £129.50 a loss to me of £29.08 All very small beer I know and I can afford to right this off, especially as I didnt buy RSL with my hard earned! Anyone taking up the rights would be mad. You would have spent more money for no more value. Given this it is even questionable the Rights will be worth anything at all.
I thought I would START with a few forums on the www. i fully intend to persue this to BBC Watchdog and the local Trading Standards office. M&S are WRONG and have to be held to account. It will be great to see Marc Bolland sweating on Watchdog. Stuart Rose he aint!!!!
everyone is entitled to thier opinions. that is what I stated. I will not buy ANY sahre that is at the high end of it's price cycle. SPs always come back to a buying price at some point during the year. sometimes you miss it sometimes you dont. At the end of the day I have made £3000 profit on LGEN buying and selling over the last 13 months. I am out now and you all know my support price! As fro ramping and de ramping. Do you really think a few Pi's on LSE can affect the SP of LGEN? Get real! Taft: I dont know where to "so called" came from or what you are trying to get at. When you have made a few more posts and talked some sense rather than trying to rubbish others then you may be justified in a rant. My advice to you is stay on the VOG board.
Last year was 2.92p at this time. lets hope for more! SP will rise to 128 ahead of announcement. I dont think we will see the 134 or above this time. Sp has been steady not volatile.
Hi I too have read loads of books including Naked Trader. I have done quite well so far. I will get the Shares made simple book, *you can never know too much). But no one seems to have answered the point that consolidation has not increased the SP by the same multiple. Are we to take it that the nil paid rights is a sort of compensation payment for the loss on consolidation? as I said before I only have these because they were free friends Provident shares from way back when. So I cant really lose. By the way according to the NHS direct my BMI I am appartently nearly obsese but dont have body hair!
I note the share price is 242 up from 64p prior to consolidation. Can anyone explain why if the consolidation is 1 new for every 30 old the share price is not now 30 times 64p £19.20. the way things lie now, I am down a lot irrespective of the RI nil paid rights value. I had these in friends Provident and they were 230 before the credtit crunch fall and RSL takeover. My gut feeling is dont trust Cowdrey. The dividends are well below FP yields and he is always messing about with the company. I am glad I only have a few hundred pounds worth (or do I now?)
Or shares In MKS for that matter. My partner bought a pair of jeans in March and has washed them 12 times yet they still leek blue dye. Unfortunately these have permanently stained one of our £1200 leather recliner chairs. The jeans have also stained a leather handbag. M&S refuse to give a refund on the jeans even though they are clearly NOT FIT FOR PURPOSE or of MERCHANTABLE QUALITY. I wrote to Marc Bolland and my lettre was passed on to a TOM SMITH in Bolland's "Executive Office. He reqiested we return the ejans to hime which we did. Just seven days later they were retruned to us along with a letter from TOM SMITH stating he cannot find "any evidence of a manufacturing fault" and that M&S refuse a refunbd on the jeans and make no mention of a ruined chair! So ,much for customer care and service. Dont buy form this rubbish company is my advice. They have changed and very soon others will feel the same and the share price will plummet. The clothes are expensively priced rubbish imports and the food aint what it used to be best go to WAITROSE!
but PVCS still holds price. lovely. come on my beauty lets have another 12p please.
Does a nice bounce falling to 174 ish then rising to 199 ish perhaps more. twice it has done this since the last high 225ish
Has been a bit quiet since the mad rises following the takeover announcement. Cant think the t/o will happen if they find a load more oil.
Nice to have some comapny on here. My advice is be patient. every quarter you get a nice little dividend 6.5p per share. This is a comapny that has assetts that are undervalued in my opinion. This will be 550 before the end of the year if the FTSE gets to stays at 5500 or above. Recession will not hit London and building is still going on there.
The trend is definitely UPWARDS whatever the FTSE does. This will be over 80 by the end of the year imo. BP doenst do it anymore no dividends and uncertain liabilities!
there is a comapny that makes roof tile looking solar panels. TRhe reason new homes dont have them is cost! New homes buyers are only interested in PRICE. They buy the home as cheap as possible and sell it as few years later for 30% more than they paid and buy another new home. No one stays in thier homes anymore. The governmemt brought out code for sustainable homes, revised building regs etc etc and that is the only way they will be fitted in new homes. They should also consider air source heat pumps, central heating for £350 a year!
I had been following this one for a year now. I was going in at sub 1000 but missed it now I am sorry. but who knew this was going to happen. last I heard was DNX was taking over someone not being taken over!