Member Info for GedW

There are some companies, sectors, and followers that have the ability to massage and manipulate a share price, but eventually turns out to be just that!. My opinion is that this vehicle is such a corporate entity in which bluff and bluster will come just as sure as the moon rises every day. The "city" is gullible and will fall the corporate claptrap that is already written here. Analysts will write what they are told and spun, but in the end that will be forgotten once the early investors have made the bob or two and scarperred. Awards aside the business model here appears as plausible as any other. You buy the shares and pays your money just as much as the corporate releases indicate that others, supposedly in the know are doing. There is a reason why this Co has a market cap of under a £mill any guesses as to why that is? Having voiced my opinion, this Co does have the potential for a cheap way into the wonderful world of Corporate financial support. It would costy less to buy this Co lock stock and barrel than it would to start from scratch and jump through the new listtings hoops.

There have been many more more trades in excess of recently announced changes in substantial holdings. It is impossible to keep up to speed with recent share transfers suffice to say that there is increasingly more activity in the issued shares than the market can keep up with. Angus Forerest was with Billam before he threw the towel in after a Corporate re-shuffle. This is AF's latest vehicle. AF does come here with a history if you look hard enought. A listed Co with less than a £mill market cap should if commonsence dictate be left well alone, but AF has an agenda so it is worth those with an extreme attitude to risk, like me, to pay attention. I was at the Billam egm when it hit the fan so to speak, as I was at the beginning and the end.

Pundits are reporting that INB is increasingly focussing on the far east, China, ex USSR and indian market territories where INB could prosper well. Whilst endeavouring to reduce its huge loan book and rescheduling its loan repayment schedule, turnover is set to improve year on year but scaled back from previous rises.

This leading provider of clearing, settlement, payment and financial risk management solutions to the telecommunications industry, merchants and online stores, announces the repayment of $7.8 million of its senior debt, of which $2.8 million is a scheduled payment and $5.0 million is a voluntary prepayment, made on December 31, 2010. Accordingly, at the close of business on December 31, 2010, total outstanding senior debt was $60.8 million.

[SNRP] This is the current info available. More updates will be firmed up through during 2011. This stock could be a wonderstock of 2011 74 per cent owner of coal exploration and production assets located near Indwe in the Eastern Cape province of South Africa. Highlights: · Competent Persons Report (CPR) from Golder Associates confirmed an increase in Elitheni's resources from 97.2 million tonnes to 150.3 million tonnes. The area drilled to date represents less than 3 per cent of the total area available for drilling · CPR highlighted 31.4 million tonnes of coal that washes to economic yields and is capable of servicing a variety of markets · Washability and market applications studies confirmed that SNR coal can be used for different applications in South Africa and abroad. Locally it can be used for power generation whilst examples of uses internationally include the domestic heating market in Turkey and power generation in India [SNRP] received a logistics study on the transportation of coal which included an assessment of road, rail and port infrastructure confirming the feasibility of exporting coal from Elitheni's mines in the Eastern Cape,restructured and consolidated the Black Economic Empowerment (BEE) shareholding by introducing new partner Rapitrade Ltd, which will make available extra funds for the Bankable Feasibility Study, further exploration and for the development of technology in the boiler market · Edward Cox appointed as Finance Director and Company Secretary. Richard Latham, Chairman, said, "The Company has made significant progress in the last six months towards becoming a producing and exporting coal company. SNR has received positive assessments from all parties who have undertaken studies and we expect to publish a Bankable Feasibility Study in the near future."

And a peaceful and prosperous 2011 to everyone... Many thanks for your footprints and insight, made very rewarding reading...

Alleged share price fall is a correction to the prevailing market mid price. These shares have been mid price .24 for a while now hence the buy ask of .25. Many shares bought up at between .25 and .2645 recently.

Looks to me like after a week of buying up 2mill shares at .25 AF Chairman may have been in the market again to mop up a further 4.5millions at .25 (although no news release has been made yet). If AF purchased the 4.5milln shares, then his holding has increase to 23millions representing 6.55% of the issued shares. Following suit and buying in at this level could prove a profitable move.

Holding its own in a difficult environment. A medium to long term upsider as economy recovers and measures to boost the housing sector kick in next year. Highlights. Significant progress in successfully franchising corporate stores with the average number of corporate stores reducing to 11 from 20 and total stores up from 82 to 83 · Network sales broadly maintained at £34.2m (2009: £34.5m) · Revenue decreased by 5.0% to £13.36m (2009: £14.06m) principally as a result of the successful franchising of corporate stores · Like for like sales decreased 5.3% · Adjusted operating profit* decreased by 18.0% to £534,000 (2009: £651,000) · Profit before tax decreased by 14.0% to £604,000 (2009: £702,000) · Cash and cash equivalents of £1.85m (2009: £1.38m) · Interim dividend maintained at 0.25p per share (2009: 0.25p) * Adjusted operating profit excludes impairment of property, plant and equipment and movements in the provision against onerous leases

All today's trades are buys. Unless you are prepared to take advantage of recent holdings announcements and follow those "in the know" ie Angus Forrest then this high risk tiddler will slip by and then I wished I had invested recriminitations will follow. GL ATB

Today announces the signing of a Preliminary Sale Agreement for the Promenada Shopping Centre, having a likely completion date during March 2011. The buyer is MD Poland I Sp z o.o, a subsidiary of Atrium European Real Estate Ltd., one of the leading real estate companies focused on shopping centre investment, management and development in Central and Eastern Europe. Promenada is located in Warsaw, Poland and comprises a shopping and leisure centre of 43, 528 sq m of lettable space. Additionally, it also has 12,058 sq m of office accommodation. The agreed sale is at a Headline figure of €169.5 million, with an additional €1.5million payable upon successful recovery of VAT by Atrium. The Headline price is subject to adjustments estimated at the time of signing of € 2.5million, comprising items that will either be deducted from the price or paid by Carpathian prior to closing. The transaction is also subject to new escrow accounts being established of approximately €6.5million. The Company expects to recover the majority of the escrowed funds within six months from closing.

The thing that is hurting the share price is the high level of intangibles, currently accounting for some 4.5p/share, This could be eliminated if the intangibles were written off to the profit and loss, but that would be even less pallatable than being left in balance sheet as it would result in huge losses being declared. But that issue aside the share price is underpinned by fundamentals and the downside looks limited. Still a high risk play as net gearing remains a thorn, but is being dealt with succesfully.

I have been trying recently to prise a statement out of the Chairman and Board regarding the increasing speculation and rumours that INB are about to be on the receiving end of an offer for the remaining outstanding shares, asking them to deny that such talks have taken place and are taking place, as expected they are staying tight lipped..

Hi chan ditto season's sentiments to you and GL through 2011. Yes this is a very unusual situation. Why have the near 75% between two substantial holders not made a move on INB yet. With alleged assets worth 20p/share and a share price of 6p or so, rising turnover, decreased losses and reduced loan levels and renegotiated favourable terms. My opinion is we should see the major shareholders make a move very soon otherwise the Directors will be made very uncomfortable at the next shareholders meeting for not releasing shareholder value as promissed 6 months or so ago. With a market cap of £17Mns and a Co allegedly worth circa £68Mns something is wrong.

With less than 25% of the issued share capital in public hands. And it has been over 6 months since Hoyer et al substantial holdings added to their stake, my guess is that no more than 10p/share will be offered at the opening stage, and still have 10p upside in net value.. Any loans could be wiped out by converting debt into equity via a secondary offering. There could be at least two suitors in the wings, both would slug it out for control. My opinion is that not withstanding a bid for the outstanding shares the Co the share price has room for upside on fundamentals.

Highlights Net Asset Value 20.36p/share. Much improved activity in all markets resulted in 17% revenue growth · Operating profit (before exceptional items and amortisation) improved slightly to £15.1m · Consistent delivery of EBITDA and total net debt (including equipment finance)/EBITDA multiple improved from 5.02 times to 4.66 times. Net bank loan debt/EBITDA multiple of 3.6 times · Higher interest costs from the new banking arrangements in place since 1 October 2009, reduced the profit before tax (before exceptional items and amortisation) by £1.6m to £1.8m · New interest rate SWAP agreements secured for term debt will significantly reduce interest expense next year Full text: http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=10738776

Trading numbers will be released tomorrow, my guess is that the recent trading statement gave clues as to how this outfit has performed and it appears to be holding its own. Some of the substantial holders of the shares will make their decision soon as to how they want their investment to deliver up value, so far they have been pretty well disappointed. Latest holdings have been posted on website. http://www.interbulkgroup.com/corporate_interbulk/securities.html

Petards, the AIM quoted developer of advanced security and surveillance systems, announces that it has been awarded a contract, by Transys Projects Ltd, to supply and install Petards eyeTrain® on-board digital CCTV systems on locomotives and passenger vehicles, operated by Southeastern Trains. The contract, which is worth in excess of £2.5m, is for the supply and installation of eyeTrain® systems on 148 passenger vehicles on two classes of locomotive. Deliveries are expected to commence in early 2011 and to be completed by the end of that year. Commenting on the award, Petards Chief Executive Bill Conn said, "We are delighted to be working with Transys Projects Ltd on the upgrade of the Southeastern Trains rolling stock. This is a significant contract for us and the award again demonstrates the strong position that Petards holds within the rail industry and that customers value both the flexibility and rail-proven nature of our eyeTrain® product."

You might as well take the current share price bid and run for your nest egg. After a 50% rise, I would be looking for over 100%, but 50% will do for now. Let the "city" oiks play investors like a twang. Come back on weakness and reap future substasntial rewards, Do not get succered in by the market shenanigins. Buy on weakness sell on troughs in this share. The future looks strong but the city will fiddle the unprepared!

No harm can be done by taking 50% profits. But churmn those profits on weakness. There should be a 100% return in the medium to long term on cash introduced... Bear with this tiddler !