Member Info for JohnLaw

And no comments?

With HSBC you elect to receive or not to receive scrip (for all holdings) when you set up the account. You need to ask them to change the option to cash only.

10% of of their profits and never mainstream. Ideal if it happens

I must have missed that - tell us more

nice one indeed

The new shares will be worth £1.175 each and the deferred shares will be worthless. You effectively throw away the old shares and get one tenth of their number in new shares which the market will initially price at 10x the old price. there is no value r wealth change from technical reorganisations like this, which are commonplace.

By top stock picker Simon Thompson.... "Investors are starting to warm to the merits of Greenko (GKO: 172p), the Indian developer, owner and operator of clean energy projects. They have good reason too, because the company has been making serious progress in ramping up capacity to generate the surge in profits which should drive the share price higher....."

Zijinshan Gas Project and $35.3 million cash have just moved to Leyshon Energy, in which LRL shareholders get shares on a 1:1 basis

13 Dec is the shareholders' register date which is two business days after the xd date (time allowed to register transactions)

On 17.2% + of your holding. As promised. More to come.

I have just bought in

Double digit returns expected Simon Thompson, 15 May 2013 - extracts: “LMS is now sitting on net cash of £42.2m, or 25 per cent of the company's market value of £160m. And net asset value per share rose from 85p to 89p in the three-month period to end-March 2013....Shareholders can expect another hefty return of capital later this year as this cash is recycled back to investors. Late last year, LMS repurchased 17.4 per cent of the issued share capital through a tender at 84p a share. So with the shares priced on a bid-offer spread of 71p to 71.5p, a further tender offer will not only be highly supportive of the share price, but importantly, will enable shareholders to sell down further chunks of their holdings at book value.... Clearly, there will be wind-up costs when the company finally sells off all its assets, but with net asset value around 25 per cent above the current share price you can realistically expect a healthy double-digit return on your capital over the next 18 months. LMS shares remain a low-risk buy at 71.5p.”

consolidation in Jan 2011

'sup?

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gain that shows in my portfolio this morning for SLN I am guessing the consolidation is effective today

Looks like our principal shareholders just topped up to the limit.

Serviced Office Group plc (SVO) £9.0m Placing and Debt Refinancing Serviced Office Group plc ("the Group" or "the Company") is an AIM-listed provider of flexible office space and IT solutions, which operates 23 business centres, predominantly in London and the South East HIGHLIGHTS · Placing by Shore Capital to raise £9.0m (before expenses) through the issue of 450m new ordinary shares at 2.0p · Outstanding borrowings of £23.7m with RBS to be satisfied through: o Cash payment of £12.5m o Granting to RBS of warrants over 5 per cent. of the enlarged share capital o Profit share in future sales of freehold assets · Directors are investing £1.3m in the Placing · New banking and overdraft facilities of £6.5m being provided by HSBC · General Meeting of Shareholders to approve the Placing and other resolutions on 15 November 2012 · Irrevocable undertakings to vote in favour of the Resolutions received from Shareholders representing 81 per cent. of the Company's existing share capital Dan Taylor, Chairman, comments: "This fundraising represents a major step forward as we seek to put the Group on a firm financial footing and address the balance sheet issues that have severely limited our room to expand. "I am delighted by the interest we have attracted from a wide range of investors, who share our view that there is significant potential for continued expansion of the serviced office market." The Placing and Debt Refinance The Company has raised £9.0 million (before expenses) by way of a conditional placing by Shore Capital with institutional and other investors. This, together with the funds available under a new banking facility of £6.25 million being provided by HSBC will be used to repay all amounts owed to RBS under the RBS Facility Agreements. RBS has agreed that the total amount owed to it by the Group under the RBS Facility Agreements, which at the date of this announcement amounts to approximately £23,681,921, will be satisfied in full by (i) the Company paying a principal sum of £12,500,000 and (ii) the entry by the Company into certain other arrangements set out at the end of this announcement and a cash payment to cover all of the outstanding cash interest due to RBS which will have accrued since 1 August 2012. Accordingly, £6,250,000 of the Placing proceeds and £6,250,000 from the new HSBC facility will be used by the Group to satisfy in full the amount it owes to RBS (together with the entry by the Company into the other arrangements summarised below and a cash payment to cover all of the outstanding cash interest due to RBS which will have accrued since 1 August 2012). The remaining proceeds from the Placing will be used to provide additional working capital for the Company.

But hasn't been much to say recently. some chunky buys today though

Keep talking, it's working