Member Info for Moreforus

be v careful directors nonsense and the poster behind them are posting incessantly on this.....

oh dear... have you seen his face...i guess it could be true as i've not seen sharespy6 and the twatterati ramp the b'jesus out of this....yet

the informant?? lol are you a rozzer?

but not today....! did your mates buy and are you still expecting news??

That's a very good question ....hopefully we found out the answer soon... Still confounded to see the price so low when they have no debt ...clearly some cash !! and an asset that can be converted into even more cash ... Don't people realise that this makes RHM probably the cheapest cash she'll on aim.... No PLACINGs are required .... Wakey wakey... Dave lenigas would not know what to do !!!! So no debt Cash rich Asset rich in a fairly liquid asset that can be turned into cash.... Aim listing Proven investment success No PLACINGS REQUIRED....

AT buys market waking up at last!!!

Resource Holding Management Limited Further re: Disposal of Holding in PUCF Print Alert TIDMRHM RNS Number : 6675N Resource Holding Management Limited 19 May 2015 19 May 2015 Resource Holding Management Limited ("RHM" or the "Company") Further Re: Disposal of Holding in PUCF Further to the announcement made on 6 May 2015, the board of RHM (AIM:RHM) announces that the Company has, based on latest unaudited management accounts, total cash balances of approximately RM 15.41 million (approximately GBP2.75 million*) available to be put towards the implementation of its investing policy and for general working capital purposes. This sum includes the net cash proceeds of RM 6.99 million (approximately GBP1.29 million) from the recent sale of 50,000,000 ordinary shares in PUC Founder (MSC) Berhad ("PUCF") on 5 May 2015 (the "PUCF Disposal"). Pursuant to the PUCF Disposal, RHM's wholly owned subsidiary, RedHot Media International Limited ("RHI") decreased its interest in PUCF to a holding of 493,168,402 ordinary shares in PUCF ("PUCF Shares"), representing 46.28% of PUCF's current issued share capital. Following the PUCF Disposal the Company was deemed to have divested of substantially all of its historic trading business under Rule 15 of the AIM Rules for Companies. Since 5 May 2015, the date on which RHM's holding was reduced to below 50% of the voting rights in PUCF and therefore not treated as a controlling shareholding in PUCF, RHM has been treated as an investing company as defined by the AIM Rules for Companies. The aforementioned total RHM cash balance figure of approximately RM 15.41 million (approximately GBP2.75 million*) does not include any cash balances that are held within PUCF and therefore not available to RHM. The Company's circular published on 14 April 2015 made reference that it was estimated by the board of RHM, based on latest unaudited management accounts at that time, that as at 15 March 2015 the net cash available to the Company was approximately GBP3.47 million. This estimate took into account the Company's existing cash resources at that time but did not take account of cash that could be received from any future sales of PUCF Shares. RHI held 543,168,402 ordinary shares in PUCF at that point in time, which represented 51.09% of PUCF's then issued share capital and a controlling shareholding. Therefore, this figure of approximately GBP3.47 million included the cash balances then available to PUCF. Subject to the prevailing level of market demand on the ACE Market of Bursa Malaysia Securities Berhad, RHM may have the opportunity to execute further sales of PUCF Shares, in order to provide further funds for the implementation of the Company's investing policy and for general working capital purposes. RHI is currently permitted to reduce its holding to 289,726,716 PUCF Shares. From 1 January 2016, RHM will be able to reduce further it

or what?? the company has no debt - a large chunk of cash in the bank and more cash coming. there was a 100k dump Friday and a 99.5k dump today.. both do not look like bored pis and may well be an ii forced into selling by the change in status and investment strategy for the company, evn if they were to sell their PUC shares for a 50% discount this is still worth in cash terms over 20p....

seems way too cheap given the assets let alone news to come....

happy to buy the di[ 9.5p cheaper than paying 12 or 15... although these are worth 3 times that!!!!

can buy 50k max at 4.999p at tdw... so if they want in....

can only see 2 buys from earlier and below the current bid..... buy order being worked?? is this on isdx?

not messing about... its how they make a lovely big profit on anyone buying or selling RHM.. given these should be much much higher hopefully no one now holding will be silly enough to give the mms free money....

be nice to rns that.....

no idea however we do know as per the PIRI results both this and AVP are due a deal over the next few months.... Close to the end of the financial period, we invested a larger sum - £100,000 - in a placing of shares in Armstrong in the hope of achieving a similar result. Since then, Armstrong has reviewed a number of potential reverse takeovers and we are hopeful that it will complete such a transaction in the coming months. Since the year end, we have also participated with an investment of £80,000 in the refinancing of 3 Legs, an Isle of Man domiciled AIM-quoted company, for a similar purpose.

PIRI hold both and will introduce an asset to both.... Close to the end of the financial period, we invested a larger sum - £100,000 - in a placing of shares in Armstrong in the hope of achieving a similar result. Since then, Armstrong has reviewed a number of potential reverse takeovers and we are hopeful that it will complete such a transaction in the coming months. Since the year end, we have also participated with an investment of £80,000 in the refinancing of 3 Legs, an Isle of Man domiciled AIM-quoted company, for a similar purpose.

what a difference a day makes

Close to the end of the financial period, we invested a larger sum - £100,000 - in a placing of shares in Armstrong in the hope of achieving a similar result. Since then, Armstrong has reviewed a number of potential reverse takeovers and we are hopeful that it will complete such a transaction in the coming months. Since the year end, we have also participated with an investment of £80,000 in the refinancing of 3 Legs, an Isle of Man domiciled AIM-quoted company, for a similar purpose.

meant to be tech related...could be resource tech....

Vela Technologies PLC Update on investment in 3Legs Resources plc Print Alert TIDMVELA TIDM3LEG RNS Number : 1699N Vela Technologies PLC 14 May 2015 14 May 2015 Vela Technologies plc ("Vela" or the "Company") Update on investment in 3Legs Resources plc The Board of Vela (AIM: VELA), the investing company focused on early stage and pre-IPO disruptive technology investments, announces that the Company acquired a further 4,500,000 existing ordinary shares in 3Legs Resources plc ("3Legs") (AIM: 3LEG) on 13 May 2015 at a price of 0.215 pence per share. Vela's resultant holding in 3Legs is 23,500,000 shares, representing 5.42% of the total voting rights of 3Legs. Vela's shareholding in 3Legs has been acquired at an average price of 0.213 pence per share for a total consideration of approximately GBP50,090. 3Legs is an Isle of Man incorporated investing company whose shares are traded on AIM. In February 2015, 3Legs completed a corporate reorganisation which included the adoption of a new investing policy to invest in and/or acquire companies within the technology sector or within the resources sector, particularly where a resource can be brought into production through the application of modern technologies. As part of the above reorganisation, 3Legs raised GBP800,000 through a subscription for new ordinary shares at a price of 0.232 pence per share, which valued 3Legs at approximately GBP1 million with the funds to be used by 3Legs in connection with the implementation of the new investing policy. For further information please contact: