Member Info for Karina1

Showing trades from yesterday now, to look like sells..... Bless them

Craven House Capital PLC (LON:CRV), up 13%. The shares took a biffing yesterday when it was revealed they would not be moving to the Specialist Fund Segment of the London Stock Exchange’s main market, but they have recovered somewhat today following an update on the proposed share reorganisation. A biffing !? :-)

Usual MM games, making buys look like sells.... We really should be back around 125 with the placings confirmed by Mark in "the near term"

It should have accompanied yesterdays RNS though Steve, it was either a schoolboy, or deliberate error in my opinion. The 2 500ks today are buys at 99, despite what is showing So placings on the way at 125, wonder if they will be before the consolidation, and the $150m is still in place. Other than still being on AIM its as we were.

Mark Pajak, Acting Chairman commented; "We are pleased to confirm the revised timetable for the planned reorganisation of the Company's share capital. The Board does not believe the revised timeline and continued trading on the AIM market should impact on our plans to execute on the previously announced fundraising on 27 June 2016 or investment opportunities that are currently under consideration. As previously announced, the Board hopes to conclude further share issues in the near term. In addition to the Company's recent fundraisings, announced on 17 May 2016 and 16 June 2016, and the anticipated future share issues to investors outside of the UK, the migration to the SETSqx platform will significantly enlarge the network of brokers outside of the UK who will be able to trade in our shares and thus provide greater liquidity."

Bullish is an understatement Steve. On the $150m, my view is that if the deals looked good before today to the investor, they still will, irrespective of what market we end up on. Its still a royal fck up in my view

"Further announcements will be made in due course" Can I suggest you do that f'ing soon Mark..................

I was advised on Monday that this would be uploaded to CRVs website "within a few days" 030

My Pleasure Charlie Its a combination of known specifics, the general tone of the meeting and a "gut feeing" from what could be said and what couldn't be said. I was impressed with Mark on the whole and there is a real conviction in his desire to take CRV to levels we had not even dreamt of. 1 Up to $150m from a sole investor at 1.25, 11 times the current market cap and agreed when 1.25 was a huge premium. That in itself is enough for me, but there's so much more. 2 Talks with "several" other investors and the fact that the resolutions allow CRV to raise up to circa $650m. I very much get the impression that this is the plan. If we were then to trade at a multiple of assets you could find CRV with a Market Cap of a $billion or more. That would have sounded like a flight of fancy to me a few months/weeks ago.... 3 Mark stated that we are the only company he knows of that's not trading on a multiple of its cash/asset position, that should/will change in my view once we leave AIM and the traders behind. 4 CRV will start PR at long, long last and its a story I can see generating huge interest 5 Mr Emmerson from SI Capital was there, and as well as being a very nice chap, he and SI bring a whole new dimension to CRV. 6 Moving off AIM who have scuppered deals for both CRV and SI Capital in the past, to a "proper" market. 7 "Several high net worth individuals" took part in recent placings. They have chosen not to reveal their identities so far. 8 I believe we will see a couple more placings in the next week or two 9 The new investor will no doubt take a place on the board and one assumes that with the amount they can invest it will be a name known to the City. 10 Pressfit is far from dead in the water and should generate long term value 11 I feel that Mr To, our chief strategy officer may well prove pivotal, that's very much just my view, nothing from the meeting to back this up, but its worth taking a look at his history 12 Personnel are already in place in Angola, Argentina and South Africa to manage the proposed investments, that tells me we are very close to deals being announced. 13 If you take a look at SI Capitals July review they state "Incredible times to be investing in markets and I have no doubt the next few months will bring further volatility and opportunity" This was very much Marks take on the opportunities open to CRV to invest when others are running for cover. 14 Our directors do not take salaries and have not sold a single CRV share. There's probably more but I must stress this is all from my recollection and notes and is therefore my interpretation of events and not attributable to Mark.

Nice one Rusty. If our $150m thinks 1.25 is value, then you are spot on.

Back to normality..... and with a much lighter wallet...... It was good to meet Mark at last who gave us all the time we needed to ask questions. It was an incredibly positive meeting from my point of view and I am now 110% happy to maintain my holding in CRV. For me, the main message was that my view of CRVs future potential was woefully over cautious. With $150m already raised, more to come and acquisitions already identified we could be looking at a market cap 40 times the current level, if not greater. Mark has plans on a grander scale than I ever envisaged and I don't doubt his ability to make this happen. Seriously excited about the future here

Www.flightdelaycompensation.com Any use Kenner?

.Someone's taken a profit and panicked one or two by the looks of it Steve/ Nothing as yet, I am told it will be posted to VCRVs website when all is complete..... cutting it a bit fine....

I am going to the meeting so will vote in person but your broker should be able to provide you with the form. Anyone else attending will need a letter of representation if they wish to vote at the EGM I believe.7 That's on my list of questions. Is it so they can control who takes part in the placings and exclude small PIs ? Will be very interested to hear the reply

Also a point of note, the resolutions allow CRV to raise up to $500 million...... $9,500,000 already banked, $150m agreed with one single investor, more expected on or before Wednesday. The fact they are issuing a prospectus means they need to raise more than this to complete their investment objectives..... Interesting times ahead.

As part of this process CRV will be issuing a prospectus for anyone interested in investing in CRV, bit of a turnaround for CRV isn't it! SI Capital have stated that this Prospectus will be issued before the EGM on Wednesday, should make for interesting reading. SI and/or Spark may even set a target share price, who knows. "The Board considers that the Migration would increase the Company's profile and provide a more liquid market for the Shares, increasing the Company's attractiveness to institutional and other investors who are considering subscribing for Shares pursuant to the proposed Offer for Subscription (described further below), which the Company intends to launch with effect from the date of publication of the Prospectus. " Enjoy the sun ! K

Hi Richard The votes at the EGM are on the following points, which as you rightly say have been listed on the website for some time Resolution 1, to be proposed as an ordinary resolution, seeks Shareholder approval for the Redenomination. Resolution 2, to be proposed as an ordinary resolution, seeks Shareholder approval for the Consolidation. Resolution 3, to be proposed as an ordinary resolution, seeks Shareholder approval for the Directors to issue up to 50 million Shares pursuant to the proposed Offer for Subscription. Resolution 4, to be proposed as a special resolution, seeks Shareholder approval for the disapplication of statutory pre-emption rights which would otherwise apply to Shares issued pursuant to the Offer for Subscription. Resolution 5, to be proposed as a special resolution, seeks Shareholder approval for the adoption of the New Articles. Resolution 6, to be proposed as a special resolution, seeks Shareholder approval for the cancellation of the Company's AIM quotation and the Migration in general

The resolutions put forward for the EGM kenner......... See you Wednesday

Thank you Scargs much appreciated Have to say that I have found SI Capital very helpful, approachable and they respond to questions. SI Capital and CRV, well they do say opposites attract....

I will stick my neck out and say we will get the prospectus on or before the 20th. This has been planned for months if not years so plenty of time to get their ducks in a row. The prospectus has to have been approved by the regulator prior to admission to the SFS so I would say that SI Capital have ensured all has been carefully choreographed We shall see in the next 7 days....