The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
The financial calendar doesn't show anything for 2024 (yet) but last year results were on March 9th and in 2022 March 17th.
in france, there are a number of new openings to be excited about. swarovski, has opened a new ‘wonderlux’ concept store at terrasses du port in m****ille. the boutique is decorated with a blend of metallic finishes, fluted glass, chrome and silk accents.
at les 3 fontaines, ms mode, the women’s fashion brand, has opened a new store at the paris destination offering its latest collection including trendy blouses, accessories and swimwear. parfois, the portuguese women’s accessories brand has also expanded its presence through a new store that boasts handbags, wallets, belts, scarves and watches.
paul o’brien, director of leasing and commercialisation, hammerson said: “across our city centre focused portfolio, we are welcoming some fantastic brands to our destinations as we continue to focus on enlivening our portfolio through the introduction of world-class retailers that help to create exceptional experiences for our visitors and occupiers.
“these new openings further demonstrate the appeal our of quality asset base to leading brands and our successful ability to enliven our unique locations as we seek to ensure they continue to resonate with our audiences ahead of the crucial christmas period.”
Nov 29 2023
Hammerson is pleased to announce a series of high-profile openings across its portfolio of city centre destinations just in time for Christmas. The new brands further support Hammerson’s strategy to enliven and reinvigorate its assets in the heart of some of the UK’s liveliest cities by introducing new brands, concepts and market first concepts.
In the UK, Marks & Spencer has officially opened its latest store at Bullring in Birmingham city centre. The new 65,000 sq ft store offers local shoppers a fresh market-style Foodhall, as well as stylish and spacious new Clothing, Home & Beauty departments.
Also opening at Bullring is JD which has more than doubled its footprint at the destination with a newly upsized 27,500 sq ft store, while The Head Plan, a digitally native brand dedicated to promoting wellness and productivity, has launched its first ever UK kiosk, offering customers in the West Midlands a unique opportunity to shop ‘in-store’ and personalise products including journals and productivity pads.
Meanwhile at The Oracle in Reading, John Lewis, another beloved British brand, has created a new pop-up showcase featuring a range of furniture, home accessories and festive items. John Lewis’ team of Partners will be on hand to offer tips on dressing Christmas trees and gift wrapping in the run up to the festive period.
Over at Dundrum in Dublin, Ireland’s leading retailer, Dunnes Stores, has officially opened its new site, as it makes a long-awaited debut at Dundrum Town Centre. The new 55,000 sq ft store boasts an extensive homewares range, alongside children’s, men’s, and women’s fashion and forms part of a major reconfiguration and repositioning of Dundrum Town Centre.
Just across the city from Dundrum, Foot Locker has also opened a new store at The Ilac. The newly opened site serves as an athleisure anchor for the city centre destination, adding to its strong line up of high-profile brands including Dunnes Stores, River Island, Boots, TK Maxx, Flying Tiger and Smiggle.
Nov 29 2023
Hammerson is pleased to announce that Goldsmiths, one of the UK’s leading luxury watch and jewellery retailers and part of the Watches of Switzerland Group, has reopened its showroom at Bullring, following a substantial upsize and refurbishment. The brand’s decision to commit and invest substantially in the asset reinforces Bullring’s position as a leading destination within the UK’s second city, Birmingham.
Spanning two floors, the 8,000 sq ft enhanced boutique is situated in a dual-sided corner showroom with a glass wrap around frontage and features a dedicated entrance for the new Rolex area.
The new-look store showcases individual branded areas for leading luxury retailers in the industry, including Cartier, TAG Heuer, TUDOR, and Hublot, alongside additional central watch cabinets displaying Chanel, Gucci, Oris, Tissot and the introduction of pre-owned models to the showroom. The ground floor houses an extensive selection of renowned names in luxury jewellery, including FOPE, Messika, Roberto Coin, Mappin & Webb, Jenny Packham, and Goldsmiths’ own collections.
Adding to the luxury shopping experience, the new Goldsmiths Bullring showroom has introduced a premium hospitality bar on the first floor. The store also houses private consultation rooms, a pop-up jewellery space, a dedicated service & repair lounge, a watch makers room, and areas for polishing and cleaning.
Toby Tait, Director of Asset Management at Hammerson, commented: “Goldsmiths’ significant upsize to create one of the largest stores within its portfolio is a clear sign that The Watches of Switzerland Group share our vision for Bullring’s future. The new showroom complements the extensive line-up of leading names in jewellery within the destination, as part of a sector that continues to perform extremely across our portfolio. The new-look boutique adds more choice for our visitors, offering a premium experience to shop their favourite luxury brands under one roof.”
Craig Bolton, President of the Watches of Switzerland Group, UK, and Europe said:
"We are pleased to announce the expansion and re-opening of the new Goldsmiths Bullring showroom which is a great reflection of the investment to the local area but also our commitment to clients to deliver the very best in watch and jewellery retail. With two floors of luxury watches and jewellery, the showroom features the very latest Goldsmiths luxury design concept with a large Rolex room, branded areas for Cartier, TAG Heuer, TUDOR, Hublot, Longines and Rado from our long-standing watch partners and branded jewellery offering from FOPE, Messika, Roberto Coin, Mappin & Webb, and Jenny Packham.
Nov 15 2023
Hammerson is pleased to announce that JD has more than doubled its footprint at Bullring & Grand Central, after officially opening an upsized store at the destination.
The new 27,500 sq ft store demonstrates the appeal of Bullring and is reflective of Hammerson’s wider strategy to enliven its assets with high profile brands, concepts and market firsts which excite and engage audiences.
Marking the brand’s biggest UK opening this year, the store design follows JD’s iconic formula, combining black and yellow to create an eye-catching entryway to an extensive collection of the world’s most popular brands. Amongst others, there are dedicated clothing sections for Adidas, Nike, Under Armour, The North Face, and Berghaus, as well as an extensive selection of footwear and accessories.
JD is the latest in a series of retail giants to have committed to Bullring & Grand Central, following the signings of Nike Rise, Bershka, Pull&Bear, and Watches of Switzerland, alongside a recently opened food-led M&S store. These brands complement new entertainment and leisure concepts from Sandbox VR and boutique bowling brand Lane7, which underpin the strategy to diversify Bullring’s brand mix and bring in new uses.
Toby Tait, Director Asset Management, Hammerson, commented: “JD’s upsize is a testament to the attractiveness of Bullring & Grand Central and the continued ‘flight to quality’ we are experiencing across our portfolio, with high-profile brands seeking the very best locations. Our strong pipeline demonstrates the success of our strategy and the confidence we have in evolving and future proofing our assets to attract the best quality brands and concepts.”
James Air, Director - Head of Group Acquisitions at JD said: “We can’t think of a better way to celebrate two decades of JD at the Bullring than opening a fantastic new flagship store. We’ve seen the buzz and demand JD has generated, so building such an impressive new store will bring even more of the world’s best brands to the destination’s many visitors. It’s been a great twenty years for us at Bullring, and we’re looking forward to the next twenty being even better.”
https://www.hammerson.com/news-insights/press-releases/jd-doubles-hammersons-bullring-grand-central-new-store-launch
I suspect that the main reason for this pump in the SP is to enable another drawdown from the funding facility.
Subsequent drawdowns under the Facility are subject to draw down conditions continuing to be met, which are (i) the closing mid-price of the Company's Ordinary Shares on each of the five trading days preceding draw-down date being at least £0.0005 (i.e.: at least 0.05 pence) per ordinary share, and (ii) the Company maintaining available share issuance authority headroom and disapplication of pre-emption rights to cover 150% of any draw down amount divided by the Conversion Price.
Challenger Energy Group PLC - Caribbean and America-focused oil and gas company - For the six months to June 30, reports net petroleum revenue of USD1.9 million, down from USD2.7 million the previous year. Pretax loss is USD4.2 million, swung from profit of USD4.3 million a year prior. On August 30, Challenger announced a GBP3.3 million convertible loan note funding facility of which GBP550,000 has initially been drawn down, with future drawdown of the remainder at the group's option, subject to certain drawdown conditions. Challenger says this provides it with the cash resources to cover the funding requirements of the group and bridge any funding gaps over the course of the next 12 months.
https://www.investegate.co.uk/announcement/rns/challenger-energy-group--ceg/interim-results-/7787582
Further to the Company's announcement of 30 August 2023, application has been made for admission ("First Admission") of 315,533,332 new ordinary shares of 0.02 pence each in the Company to trading on AIM. First Admission is expected on or around 2 October 2023, and on First Admission the new ordinary shares will rank pari passu with the Company's existing ordinary shares. As previously advised, these new ordinary shares will be allotted to a number of service providers that have provided services to the Company over the past 6 months, in lieu of fees otherwise payable in cash.
The Company has also today received a conversion notice in respect of £165,000 of outstanding convertible notes pursuant to the Facility advised in the Company's announcement of 30 August 2023, which will require the Company to issue a further 458,333,333 new ordinary shares. A further application has thus been made for admission of this amount of additional new ordinary shares to trading on AIM, with admission expected on or around 5 October 2023 ("Second Admission"). On Second Admission the further new ordinary shares will rank pari passu with the Company's existing ordinary shares.
On First Admission, the total issued share capital of the Company will consist of 9,935,732,811 ordinary shares. The Company does not hold any ordinary shares in treasury. Therefore, as previously advised, from First Admission the total number of voting rights in the Company will be 9,935,732,811 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
On Second Admission, the total issued share capital of the Company will consist of 10,394,066,144 ordinary shares. The Company does not hold any ordinary shares in treasury. Therefore, from Second Admission the total number of voting rights in the Company will be 10,394,066,144 and this figure may be used from that time by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
https://www.investegate.co.uk/announcement/rns/challenger-energy-group--ceg/admission-of-new-shares-/7787587
The share price is currently too low to allow further drawdown under the facility terms (see last paragraph of terms)
Funding Facility - Key Terms
· The Facility is arranged into an initial tranche of senior unsecured convertible loan notes of £550,000 and 10 subsequent tranches of £275,000 each, with the first tranche having been drawn (being the minimum required by the Investor in order to establish the Facility). The second tranche of the Facility is available for draw-down at the Company's sole election 90 days after drawn down of the initial tranche, and each subsequent tranche is available for draw down at the Company's sole election 45 days after draw down of the previous tranche (and subject to draw down conditions, described further below, continuing to be met from time to time).
· Loan notes, once drawn, are all repayable 36 months from the date of the first draw-down. Interest is fully pre-paid on draw-down, such that on draw-down 90% of the value of the notes is advanced in cash to the Company. The Company has the right to make early repayments, all or in part, at no penalty, subject to the Investor's conversion rights as described below.
· Each tranche of the Facility is convertible into ordinary shares of the Company ("Ordinary Shares") at the Investor's election at any time prior to repayment, at the lesser of (i) 140% of the Company's closing bid price on the trading day immediately prior to the date of draw-down of the relevant tranche, or (ii) 90% of the lowest closing bid price in the five trading days immediately preceding the date of conversion (the "Conversion Price").
· The loan notes are redeemable in cash by the Company, all or in part, at any time after draw down, or in the event of a change of control of the Company, at 105% of par value. If the Company notifies the Investor of an intended redemption of any loan notes, the Investor shall have two trading days to elect to convert some or all of outstanding amounts or accept the early redemption. In the event of default, loan notes will be redeemable immediately at 120% of par value of outstanding loan notes.
· Drawn loan notes are convertible into Ordinary Shares at each tranche's Conversion Price in whole or in part, subject to any conversion being for a minimum of £50,000.
· Subsequent drawdowns under the Facility are subject to draw down conditions continuing to be met, which are (i) the closing mid-price of the Company's Ordinary Shares on each of the five trading days preceding draw-down date being at least £0.0005 (i.e.: at least 0.05 pence) per ordinary share, and (ii) the Company maintaining available share issuance authority headroom and disapplication of pre-emption rights to cover 150% of any draw down amount divided by the Conversion Price.
Loans due to parent (*) £6,784,287
* The Intercompany Loan to the CEG Group is repayable on demand, however CEG is not seeking repayment of amounts advanced to the Company and is committed to advancing further amounts as required by the company going forward. Refer to note 1.21 (Going concern) for discussion of the CEG Group regarding the repayment of Intercompany Loans and future financing of the wider CEG Group.
CEG accounts for year ending 2021 were filed at end of September, but CERL accounts were delayed and have now been filed and are available to peruse on Companies House.
It makes interesting reading.
https://find-and-update.company-information.service.gov.uk/company/05901339/filing-history
https://find-and-update.company-information.service.gov.uk/company/09301329
The company that was formerly known as Monreal is now known as Eight Capital Partners PLC (ECP.PL)
EIGHT CAPITAL PARTNERS PLC
Company number 09301329
Registered office address
Kemp House, 160 City Road, London, England, EC1V 2NX
Company status
Active
Company type
Public limited Company
Incorporated on
7 November 2014
Accounts
Next accounts made up to 30 December 2022
due by 30 June 2023
Last accounts made up to 31 December 2021
Confirmation statement
Next statement date 7 November 2023
due by 21 November 2023
Last statement dated 7 November 2022
Nature of business (SIC)
64999 - Financial intermediation not elsewhere classified
Previous company names
Name Period
MONREAL PLC 01 Dec 2017 - 13 Aug 2018
COGENPOWER PLC 07 Nov 2014 - 01 Dec 2017
I don't see this as a short term investment but I am reasonably confident that at this price we should see many multiples in future years, once inflation is contained and customers have some disposable income that enables them to eat out.
The early closure of Harrogate 63rd+1st after only a year has probably done some damage to investor confidence but I applaud the decision to act quickly. ROI was below expectations due to lower than forecast footfall in the area. Perhaps it was the wrong location or simply the effect of the hyper inflation we are all experiencing.
I feel the strategy to hold fire on new store openings until economic conditions improve is the correct decision.
Meanwhile ... show your stripes and celebrate the game!
https://www.youtube.com/watch?v=7pMlpVT2VNU
https://www.youtube.com/watch?v=4XNrlb2FO54
https://www.youtube.com/watch?v=LTELN0PNEJo
It's time for admin to correct the misinformation for this stock.
Q3 2022 (1 July 2023 to 30 September 2023)
Camarco are the PR company that never seems to directly interface with shareholders. They are listed on every RNS but what do they do? It would be speculation to wonder if they post on here and if they do what moniker(s) are they using? In that scenario I guess they would keep popping up either to counter any negative views and/or to support the corporate vision of future prosperity.
It makes you think!
It's quite entertaining reading some of your old posts 'arry. Remember IreneKrapp who showed you up on many occasions, much to your chagrin. As per your modus operandi you responded in spiteful and pompous manner.
20 Feb 2021 14:57
Krapper - how about the evidence that drillers of Saffron 1 offered to drill Saffron 2 FREE OF CHARGE in return for 75/25 share of production until costs recouped reverting to 25/75 in favour of CERP thereafter! As cost of drill over$2 million you do the maths Krapper on how long it would take to be profitable - isn’t that why the SP more than doubled - didn’t that leave you even more bitter?
So how long did the failed S2 take to be profitable?
You refer to many posters as trolls but methinks you are the troll; it's called projection.
19 Feb 2021 21:46
Krapper - you have no compunction lying about me and that’s only to self gratify yourself as a bitter and twisted troll - you set the standard for lying why would you be bothered if someone lies about you ?
I could go on but that will suffice to illustrate your spite towards anyone who doesn't agree with your version of events.
Oh and on the question of the accounts, why are CERL accounts not yet submitted to Companies House? I know you don't know so it's a rhetorical question. I only mention it again because when you are talking about the accounts that seems to slip your mind.
No more responses from me so don't bother replying.
I just checked your recent posting history 'arry and I must say you are a dedicated follower of ceg with 32 posts in the last 30 days; soon to be more I dare say! Then there are your several times a day posts aimed at 12bn over on the other forum. No sane person would keep up this constant diatribe for what must now be 7 years, going right back to the good old LGO days.
If you're not being paid I can't imagine what motivates you to spin your biased interpretations of events. If you want to make your mark as a social media influencer you need to broaden your reach because internet trading forums are getting to be old hat.
If you have any trading secrets that have proven successful you could perhaps write a book on the psychology of trading or make your fortune selling hot tips. Loitering on a couple of message boards is not going to make you rich and famous and portraying yourself as a fanboy of this or any other share is not a good look.
You really need to get out more! Hope this helps :) ATB
It seems strange that CEG has filed Group of Company accounts for 2021 in the IOM, which includes CERL, but CERL accounts have not been submitted to Companies House (CERL is UK based not IOM). In fact it looks to be the case that CEG must have applied for a 3 month extension to the due date in order to delay filing. I wonder why?
COLUMBUS ENERGY RESOURCES LIMITED
Company number 05901339
Registered office address
71-91 Aldwych, London, United Kingdom, WC2B 4HN
Company status
Active
Company type
Private limited Company
Incorporated on
9 August 2006
Accounts
Next accounts made up to 31 December 2021
due by 31 December 2022
Last accounts made up to 31 December 2020
Confirmation statement
Next statement date 10 August 2023
due by 24 August 2023
Last statement dated 10 August 2022
Nature of business (SIC)
06100 - Extraction of crude petroleum
06200 - Extraction of natural gas
70100 - Activities of head offices