Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
2 new ship contracts http://bit.ly/XL2hT4 announced today Earlier in the week the share price went down,yesterday it was announced a large shareholder buys more shares and now todays news.......
The RNS may partially explain the price drop, if you are a conspiracist that MMs drop the price... http://bit.ly/1pE149n Louise Warner now holds above 4%(2,271,000) of the shares Previously she held 3.59% (2,025,000). Therefore an additional 246,000 shares purchased. The volume on 06/08/2014 was 681,747 shares , so only approximate 36% of gthe shares traded could have been bought by Louise Warner. Hmm now has does this fit into BOPDs theories ?
The market seems to be overlooking EWG, who I view could be the next St James .....Todays RNS headlines include Assets under management/ influence increase in the first half of 2014 by 24.2% to £0.82 billion. Plus just appointed Adam Suggett as a Financial Controller, who has joined from Hume Capital Securities plc having previously been a Manager in Grant Thornton's Capital Markets team http://bit.ly/1p6ZQTH
Perhaps the good Doc wishes to see the price go up..............Now why would that be ?
It feels like you can see people reading STs page and going..."Oh I had better buy some SEA shares." This share could become one where you buy on dips and sell on IC recommendation/ updates......
Now on line at IC by Simon T http://www.investorschronicle.co.uk/2014/06/12/comment/simon-thompson/a-profitable-passage-wIm7A9yeW51CT5LqXLpZ7O/article.html
Market seems to disagree with me....for once I am happy as I am topping up....but have I missed something in the RNS and previous announcements?
Outstanding RNS this morning, and still this stock seems to get very little notice.GIS is getting bigger and bigger. TOP UP time for myself at these prices.
Yawn....welcome back BOPD, we have missed you, and sexist remarks such as "Now now ladies ,put your handbags down and lets have some constructive input"
Let us see what tomorrow brings........
Ninja, it is the consolidation of 1 share for 60 old shares
From todays RNS....Better than I thought : Revenue:0.8m to 5.8m in 3 years Profit : 0.6m to 4.7m in 3 years Per RNS A summary of European Wealth's financial performance is set out below: Year ended Year ended Year ended 31 December 31 December 31 December 2011 2012 2013 GBPm GBPm GBPm Revenue 0.8 2.5 5.8 Gross Profit 0.6 2.3 4.7 Loss after tax (1.0) (0.4) (1.0) Net liabilities (1.1) (0.1) (0.2)
I have no problems on SVS, try typing using lower case, rather than capitals i.e ewg
Winger................it is EWG, and per RNS today when tomorrows share reorganisation occurs "Admission to AIM of both the New Ordinary Shares (AIM ticker: EWG) and the CLS (AIM ticker: EWGL) is expected to occur by tomorrow, 7 May, with dealings commencing in both securities at 8.00am. G
Something going on.......
Looks like buy back in time , before tomorrows announcements. Hats off to the day traders some of whom will have made 60 to 80% today
Looks like day traders selling........at present
TheNinja. PS If you need to start number crunching, the RNs from 17th April may give you an idea "The value of EW Group's net assets improved by more than 240% in the year to the end of December to £8m - up from £3.32m - and the net asset value per share increased by 15% to 1.26p from 1.1 pence in 2012. The Company's profit for the year was £1.56 million (2012: £1.17 million) resulting in earnings per share of 0.48 pence (2012: 0.54 pence). The carrying value of the company's equity portfolio was £5.64m at the year end (2012: £2.38m), of which £5.63m was the European Wealth investment. The company's other assets were primarily made up of loans made to European Wealth totalling approximately £2.75m at the year end, all of which are due for repayment during 2014. The loans are unsecured and carry interest at 10% per annum. payable bi-annually. Executive director Paul Everitt said: "2013 was a period of strong growth for European Wealth, our largest investment which has grown its funds under management and influence to approximately £0.7bn. "The board believes that the potential for acquisitive and organic growth within European Wealth will benefit from direct acess to capital markets and hence have agreed terms for the consolidation of European Wealth into EW Group, which has been announced today. This is the culmination of the company's investment strategy since 2012 when it first recognised the potential of European Wealth. "Since that initial investment, the value of European Wealth has increased over six fold, and we look forward to the continued increase in value for our shareholders." At 9:37am: (LON:EWG) English Wines Group Plc share price was +0.15p at 1.35p
IMHO upwards to at least 5p, this share has been grossly undervalued( a legacy of its s Kingswalk days). Why( as I like to have evidence based reasons)?:- i. the the subsequent reorganisation and refocus, we have had effectively a reverse take over. ii a BOD who appear sound. iii.it seemed to me lots of PIs and II were flocking like moths round a candle to other similar companies, i.e HL and St james Place, they overlooked EWG iv. the EGM per todays RNS. EWG It is for me an excellent company, who I have been topping up on for the past couple of months and putting in my ISA
6 May 2014 EW Group Limited ("EW Group" or "the Company") Result of EGM Further to the announcement on 17 April 2014, EW Group (AIM: EWG) is pleased to announce that all resolutions put to shareholders at the extraordinary general meeting held earlier today were duly passed. Completion of the acquisition of European Wealth Group Limited, the reorganisation of the Company's share capital ("Capital Reorganisation") is expected to complete by tomorrow morning. Under the Capital Reorganisation, 1 new ordinary share of 5p ("New Ordinary Share") is being issued for every 60 existing shares of 0.5p. The Company is also issuing £5,750,390 of convertible loan stock ("CLS"). Admission to AIM of both the New Ordinary Shares (AIM ticker: EWG) and the CLS (AIM ticker: EWGL) is expected to occur by tomorrow, 7 May, with dealings commencing in both securities at 8.00am. The certificate for the change of the Company's name to European Wealth Group Limited is expected to be issued this afternoon, with the change of name becoming effective also from tomorrow. A further announcement will be made tomorrow.