Member Info for knicol46

now

you never know how high these rallies go

no news yet

good start to day

recent

Rns out

No good

Apart from assessing opportunities to realise value from the plant and equipment transferred from Sonnberg, the Company is currently involved in evaluating and negotiating potential acquisitions, including an oil production company in the Republic of Congo. Much of the last year has been spent in negotiating for the acquisition of a diamond mine in South Africa, but this has been discontinued as the required mining finance could not be secured. The evaluation of a copper project in South Africa has also been discontinued. At the forthcoming AGM shareholders will be given the opportunity to consider what steps, if any, should be taken to deal with the Company's substantial loss of capital as required by S656 of the Companies Act 2006. As the current share price is materially below par a reduction in the par value will be required to facilitate a transaction, and the requisite resolutions put to shareholders in due course.

BUY today if you want 1.5p ex div (paid 9 Nov)

trades above offer price

£13.8m net assets at last report and 58m shares in issue = 23p per share Today £149m revenue value added to the NAV = 200p+ per share Plus imminent contract news to follow! Well undervalued at these prices.

just over a week ago without this £149m revenue + imminent contract news to follow

sudden

current offer price

£149m revenue value now in place. Antony Walters, Ashley House's Chief Executive commented: "Final contracts are expected to be in place by the end of September, at which time the County Council will start to use the framework to seek new Extra Care opportunities.

and £149m revenue value just be awarded + current assets = well over 200p! MM's holding this stock well down.

Schemes will be forward funded by FAH during construction and through to completion, allowing Ashley House to develop its business without the need to grow external debt. Ashley House's pipeline currently stands at a revenue value of £149m over nineteen schemes.

going in reverse

looks good!

Antony Walters, Ashley House's Chief Executive commented: "Final contracts are expected to be in place by the end of September, at which time the County Council will start to use the framework to seek new Extra Care opportunities. We are delighted to be invited to be a partner on the framework to provide such important facilities for some of the most vulnerable in society."