Member Info for minted1day

Cheers for the Info mate how many of these you holding now mate ?? Quite a few me thinks over the years

Just a question for you mate i know youve been in here long time . When these were trading at £1.70 Mid 2008 whats changed ? Has there been Rights Issues or debt level increased or production reduced .Just interested as traded above £1 for more than a year.I know there was global meltdown but interested anything share specific ie RI/OO

On the Up 16-16.25 Directors buying in en mass giving this a nice little kick in the right direction

http://www.investegate.co.uk/Article.aspx?id=201106221052588971I The Company was today informed that John Ballard, a non-executive director of the Company, yesterday purchased 200,000 ordinary shares in the Company at a price of 14.8 pence per share. Following this transaction Mr Ballard will hold a total of 400,000 ordinary shares in IFL representing 0.072% of the Company's issued share capital

Well 15.5 -15.75 live and nearly 500k buys to 40k sells looking good so far today.Still way undervalued

http://www.ft.com/cms/s/0/5aec5c54-9c16-11e0-bef9-00144feabdc0.html#ixzz1PwnCVeva International Ferro Metals rallied 5.3 per cent to 14¾p after several directors bought stock. Among the buyers were chairman Anthony Grey who declared the purchase of 200,000 shares at 14½p, while deputy chairman Stephen Turner picked up 375,000 shares.

Nice to see 500k buy after hours ordinary trade as well 14.99 so hopefully could see us up first thing.Dow 127 up at the moment as long as the Greeks dont mess it up l8r !

Well i joined them in at 15p pm today so i hope its an end to the slump.I know most here with lot higher avgs so hopefully can enjoy ride up to those avgs. £120k invested by Directors so not chicken feed and like you say must be confident of way forward GLA

Directors buying http://www.investegate.co.uk/Article.aspx?id=201106211542418474I

http://www.ft.com/cms/s/0/ad209cec-976b-11e0-af13-00144feab49a.html#ixzz1PS1wlC5W International Ferro Metals lost a further 13.9 per cent to 15½p as investors continued to fret about the upcoming pricing round for ferrochrome. Numis Securities reckons producers are braced for at least a 10 cent drop from the current price of $1.35 a pound because of over supply. “Our modelling shows that a $1.20/lb contract price for the next two quarters will see IFM end the year with a fully-stretched balance sheet and would drop our target price to 50p. We would see any strong signs of a price outlook below this level as a trigger for further short-term funding, which could have a strong dilutive element,” it warned in a recent note to clients.

http://www.investegate.co.uk/Article.aspx?id=201106151708275205I

However, speaking to HealthInvestor, Buchan said there had been no agreement between Southern Cross and the committee, only that the company “has got a lot of meetings” with landlords and various parties. The firm told landlords last month it would have to defer 30% of its rental payments for four months this summer to avoid financial collapse. “There has been a lot of hype about one meeting here and there,” said Buchan. “The reality is that we’ve got a lot of ongoing meetings.” Buchan described the announcement by the landlords’ committee as “constructive” but added that discussions between all parties are ongoing. “When something emerges that all parties have agreed it will be announced,” he said.

Another insider, who acts as an advisor to Southern Cross landlords, said he expected its management team to be booted out imminently. He said: "Creditors are agreeing how to break up the business. Everyone is going to take everything back from the company." He described chief executive Jamie Buchan as "toast."

Im sure everyone knows the risks whose in here GLA

The troubled care home operator Southern Cross is set to hold a meeting on Wednesday afternoon in an attempt to secure its future and reassure residents. Landlords, banks and the Government, are expected to reach an agreement to ensure all 31,000 residents will still be cared for even if the company falls into administration. Darlington-based Southern Cross, the largest care home provider in the UK, has been struggling under a £202 million annual rent burden while its own income falls as public sector customers, such as local authorities, make cutbacks. It is believed the most likely outcome will be that Southern survives the crisis. The restructured company is likely to be left with far fewer homes as many landlords withdraw their properties from the firm to run them independently. One insider said it could take days or even weeks to reach a final agreement but it is hoped progress can be made at Wednesday's meeting. The firm has warned it is in imminent danger of financial collapse and recently announced it would cut its rent payments to its 80 landlords by an average of 30 per cent over the next four months to buy it some breathing space http://www.itn.co.uk/home/21282/Deal+expected+for+troubled+care+firm

Agreed watching that also 40pish last time i looked and potential FTSE 100 in future BZM why the drop there though its fully funded till end of mine i think and dropped from 80 to 40 held that before also from 60p to 70p or something .Just taking a bettring maybe like some others at the mo

Yeah holding back for now probably low point of today i think but furnace issue is a problem if more probs there will go lower .Long term a good bet though held these before 2-3 years ago and made a tidy profit so will watch and wait i think

WORTH A PUNT ?????

It is understood the proposals involve landlords who are also care home operators – including leading landlords Four Seasons and Bondcare – taking control of their homes while other property owners are given the option to find a new operator or stay with a "son of Southern Cross". The landlords are proposing a "transition period" from July to October when no homes will close and property owners will decide whether to stay with Southern Cross. The proposals include an overhaul of management at the reworked company, which could be less than half the size of the existing Southern Cross and operate under a different name. http://www.telegraph.co.uk/finance/newsbysector/epic/sche/8573731/Southern-Cross-landlords-approve-care-home-rescue-plan.html be careful boys and girls

http://www.investegate.co.uk/Article.aspx?id=201106140701363838I Under the terms of the Proposals, Avis Europe Shareholders will receive 315 pence in cash for each Avis Europe Share held.