Member Info for marvin

Divi's to come for this year and a yield for me of about 5.75% which is not too bad for a year (1.1p per share) considering in my first year I got nearly 12%. GLA at this price if I had money available I would be topping up.

This is very much a dividend share not a growth (although it has potential in the long term) and certainly not a tradable share as it tends to move in bunches (down and up). Your 42,200 shares will pay a dividend on the 31st March of £211 and there will be more to come. On the other hand on your invested sum it is interest of over 2.5% and if you can get out around flat after a month that is not a bad return.

Interim Divi payable before the end of the tax year 1/2p per share

Just because shares are suspended does not mean they cannot be traded it only means they cannot be traded through the relevant market they are suspended from. Shares are bought and sold through a private treaty, that is you agree to buy from joe blogs or joe blogs agrees to buy from you at a certain price a number of shares in a company. Markets like the LSE just make that an easier supposedly more secure (in that those shares traded have to follow some rules) and more visible process.

"Dealings in the ordinary shares of the Company on AIM will remain suspended pending publication of an AIM admission document in respect of the proposed acquisition of American Leak Detection, Inc." "It is expected that admission of the 151,688,080 new Ordinary Shares will become effective on 15 January 2010. Following admission, the Company will have 545,296,103 Ordinary Shares in issue. Trading in the Ordinary Shares on AIM will remain suspended pending publication of an AIM admission document in respect of the proposed acquisition. "

They don't have to all be done by end of month only the issue of the paperwork about the reverse take over has to be and then they can relist. In fact the issue of extra shares as part of the deal is down for the 15th of Jan (Friday) and before you can ask for admission of extra shares you do have to be listed in the first place.

Def a chink of light at the end of the tunnel shares in a small UK baased company turning into shares in a much bigger company based in the UK with outlets in the UK and American markets I would say is a bit of a result. These could rise well on relisting.

Had some time to read rns on the half year report and it says.. "The Board is now at an advanced stage of discussions with the shareholders of ALD with respect to its acquisition by the Company. The consideration for the acquisition will be satisfied entirely by the issue of new ordinary shares in the capital of the Company and, if completed, will result in a relative shareholding ratio of 95:5 in favour of the shareholders of ALD, before taking into account the proceeds of the current fundraising and the proceeds of the Proposed Placing (as defined below). This transaction, if successful, will result in a reverse takeover under the AIM Rules and therefore be subject to shareholder approval. In addition, the enlarged group will aim to undertake a further, larger fundraising ("Proposed Placing") at the time of the reverse takeover to expand its UK operations, to maximise franchise and corporate-run opportunities in the US and to continue the development of Qonnectis' products with distribution through ALD channels. "

Flurry of RNS's today, 1. Change of accounting date 2. New Chair and other 3. Refinancing complete 4. Shares remain suspended pending news of a takeover (sounds very much like a reverse but we will see)

70% + is a bit of killer

I'd ignore the PE on this one it is a recovery share for a company in real trouble (And not out of it yet) the current PE is of no concequence it is the potential and future PE's you would be looking at. What the share price should be at in normal times (and they will return) and what past PE's have been in the hope it returns to that. I don't have any of these yet just on my watch list (as was BA when it got down to 1.18 but I wanted just a little more drop before I bought, now look at them!) just waiting for the right opportunity, its not there yet and would probably have to sell to buy here. They are cheap relative to where they were and where they should be in the future and in terms of what the dividend should be in normal times. As said its not a short term share its 3 - 5 years in which there should be growth and bigger divi's. Alternativley they could also go bump (still) so it has its risks. As always DYOR and make a decision on anything based on our own views and not those expressed in this or any forum.

They did shoot up earleir this year took the opportunity to sell 1/3rd of my holdings may buy those back soon at these prices theproblem though is the spread. Hold tight these will come good but yes patience is the key.

Received in the account today

Am I right in thinking any holding before the 5th of this month is due the divi on the 8th?

got the amins in working out if they can do a prepack

The spread is sortefd out cannot see many investing I certainly would not on that huge spread, 7 -7.5% is a lot to make up before you make a profit.

Its largely all do which is why I bought this share last October and VIY in feb and why I bought woolies too (not all work!) so long as the strike rate is 1 in 4 I should so ok and at the moment the strike rate (in good profit of 20% + ) is 6/10 . I will have a look at the two you mention (always after a good pointer can't always find them on my own!) see what I think but as with this one my downside is small in all of them, except Sainsburys where my downside is like a huge cliff!

Ali no, not yet. Yalo they are talking about the cash they need to run the business so it would mean everything. Its a bit like you needing a loan to invest in something and the lenders all saying no, then you can't invest in it unless you get the money from another source. If they don't get the funding to continue the business until the money starts to roll in fromthe investment then they cannot continue. It is those options they are currently weighing up.

Been that way before thankfully some of my punts are payin off and I am already covered for the small loss here (and it is small when I am making more money on RBS this month than I lost on this all together). This was always a high risk share and who knows it may yet come good and then again maybe Birmingham City will beat Manchester United 20-0 in the first game of the season! Ram1 if this goes the way I expect, Admins appointed within 1 month, then delist and wave bye bye in 5 months or so when the shares get removed. However they will stay on your account till then reminding you of the loss. Its a bit like mounting the head of a theif outside the city walls to ward off any others that feel like chancing their arm! One other chink is of course the company may be water tight (sorry could not resist pun) and they may go into members voluntary liquidation in which case you may get some money back per share but not a lot. There are other options but lets stick with the ones we have so far they are the most likely ones oh that and they find the finance and relist at 100p

No mate I think that is all for this one. Any buyer would be daft to buy now best to let it go bust and buy the bits you want from the administrators without any debts. (look at the bargains that have been had by letting things go bust,Woolworths (Bartrams was a steal for Smiths News, EBTM went bust and was back trading within a month or so with a new company. The latter is wat I see here). May be a ploy to put pressure on funders but I doubt that.