The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Wake me up @ 2p please ?
Further to our previous communications from 7th January 2013, we have received notification that Tricor PLC (Tricor) has reinstated and amended its earlier Proposals to effect a Capital Reorganisation on the following basis: Every 10,000 Existing Ordinary shares of GBP0.0001 will be consolidated into 1 New Ordinary GBP1.00 share. Then, Each Post Consolidated Ordinary GBP1.00 share will be subdivided into 1 New Ordinary share and 1 Deferred share. Furthermore, The Company is also proposing a Company Voluntary Arrangement (CVA).
Strong stuff actually happening here as we have numerous ventures in place actually working - Just need another year to make a big push financially & environmentally. But with hard economic reality environmentalism falls by the way side good job this saves on expensive energy costs ...Yes win win ;)
Two brokers have initiated coverage of Direct Line Insurance Group (LON:DLG) with positive recommendations and prices targets that point to 16%-19% upside from the stock’s current valuation. The interest in the £3 bn insurer follows its demerger from Royal Bank of Scotland (LON:RBS), a move forced on it by Europe after receiving state bailout during the financial crisis. Starting its coverage with an overweight rating, Morgan Stanley told clients: “In our view the shares are inexpensive, with upside driven by restructuring and capital management.” Its price target is 236 pence a share, while its dividend projection points to an 8.3% yield by 2014, making it a potentially interesting large-cap income play. “Direct Line has the opportunity to significantly raise the dividend and return excess capital to shareholders from 2014 as the restructuring costs start to fall away,” Morgan Stanley added. RBC Capital Markets, meanwhile, kicked off its research on the stock with an ‘outperform’ recommendation and 230 pence a share price target, with an “upside scenario” of 250 pence and “downside” target of 164 pence. The broker points out the business has the “advantage of scale”, which sets it apart from many of the other listed general lines insurers.
The chinese verocious appitite is rather underestimated this side of the Atlantic.We tend to look at the micro end of the scale being aim investors with a glancing look at the macro. I think wonderful wasabi should have been bought out were it not for the various deals around the globe Japanese,Pakistani's,Idian wherever/whoever Ashanti is owned by & plot. I think doing business in china is still a one sided deal in there favour so as much I like wasabi's presence the bottom line in the split is something we have to keep an eye on ? Your views?
Xcap have nicely positioned themselves to take full advantage of the new regulation coming into effect this month. I hope the directors & staff are ready & have the hunger to take full advantage of our expertise & grow company.
Our optimism hoping news is just around the corner ...Every shares the same. Wasabi is a great company long term, Teething problems are still red flagging but once we perfect & mature this could well pay enough to have a model have my babies & put them through university. Or we could be just ahead of our time with this mad max beyond the thunderdome technology I'm hoping for big things.
Would like a steady rns led rise. Big fan of this company has great potential & fingers deep in multi billion pound sectors & of course the environmental aspect prefer this share to my centrica shares.
How this equates to monetary value ?
TRICOR PLC - Important Information Tricor PLC (Tricor) is proposing a Capital Reorganisation on the following basis: Every 1000 Existing Ordinary shares of GBP0.001 will be consolidated into 1 Ordinary GBP0.10 share. Then, Each Post Consolidated Ordinary GBP0.10 share will be subdivided into 1 New Ordinary GBP0.0001 share and 1 Deferred GBP0.0999 share. The Capital Reorganisation is subject to shareholder approval at the Annual General Meeting to be held on 31st October 2012. Following such approval, the Capital Reorganisation is expected to become effective on 1st November 2012. When a company consolidates its share capital the number of shares in the Company reduces. This will impact the share price as the total value of shares will remain the same but there are less shares in circulation, so the price can increase significantly. You may therefore notice an increase in the share price before we are able to update your account and provide written notification of the effect on your holding. If you are uncertain if the Capital Reorganisation has become effective please check with our Call Centre before selling your shares as you will be liable for any oversell in your holding. No application is being made for the Deferred shares to be listed on the Official List or admitted to trading on any stock market or securities exchange. These shares have extremely limited rights and benefits attached to them rendering them in effect, economically worthless and will therefore not be updated on to your account. Unless you hold your shares in a ShareBuilder account, no fractions of shares will be been issued. Any resulting cash entitlements will be dealt with in accordance with our Terms & Conditions (section 11.16). Should you retain your holding of Tricor Ordinary shares, the New shares are expected to be credited to your account on or after 1st November 2012. Should you wish to find more information about the Capital Reorganisation, please visit the Tricor website, tricor-plc.com/.
my dealing site ....Cant be asked to read it tric dead to me lol ! somthing about new shares at 10p or somthing comsolidation.
This is what the craic is ...! http://www.iii.co.uk/articles/57103/view-top-wasabi-energy
So much upside it's mind blowing don't understand the kalina tech, Can anyone explain in lay mans terms pls. But that doesn't stop me building a big stake !
Just spent 2 hours trying to win an iphone on ebay ...my heads fried ...good or bad rns I cant decrypt ??