Member Info for nezlob

Its gone for now but only if this is never unsuspended. I read somewhere after the 18/3/2011 suspension that VYKE issue would be cancelled in one calendar month if the could not get a new nominated advisor which they havn't given any notice of. So they should be cancelled meaning you will have almost certainly lost the £400. But they haven't AIM like FSA are a bunch of ******s who are powerless to stop people like VYKE screwing people like us (more ******s)

there could be some slightly better return had here .... here is essence sharecast from Feb Astaire Group has agreed to sell its last remaining operating subsidiary Rowan Dartington and this could enable it to return some cash to shareholders even though the AIM-quoted company is receiving loan notes and shares in consideration. *****there is no doubt that much more has been/will be realised than the £0.71 mill capital currently figured, the doubt is will this slippery bunch share it out*********maybe they have to??? In a complicated deal, RDH, which was formed by a consortium of private investors led by Graham Coxell, will issue £1m of loan notes, repayable in five years or on a sale of the business, and 30% of its shares to Astaire in return for acquiring Rowan Dartington. The investors will own the other 70% of RDH and they will invest £800,000 in RDH loan notes to provide working capital. There are a number of potential cash adjustments relating to the sale, including the purchase by Astaire of £650,00 of investments in Rowan Dartington's Isambard Fund. Assuming that the sale of Dowgate Capital Stockbrokers goes ahead as planned, Astaire will have £930,000 of cash with a further £362,000 in escrow relating to the sale of Astaire Securities. A subsidiary, CS Group, has £3m in cash but this is being kept in this company to cover any expenses and claims relating to the litigation with Izodia. Once liabilities, including tax, are covered Astaire will consider any excess cash to shareholders - not including the CS cash. Astaire does have some quoted and unquoted investments, including a stake in Euroclear. These will be liquidated over time but there will be no fire sale. There are no immediate plans to cancel the AIM quotation.

This is what van Dyck is sometimes called, and he is likely to inflict this on Astaire as in the end they will delist, though they have held back from that for the moment

Since the sale of Rowan Dartington was completed there is nothing left for this Group to trade. So they have become an "investment Company". I am not certain how that works? Somehow, you would hope the money realised in the sales of Rowan D, I do not know how much, Dowgate £900k and Astaire Securities £2.45m ought to be fed back in to give the shareholders some value and return on their investment into this non Company. The price does not reflect this or anyones belief this will be the case. The man Edward Van Dyck who seems to be principal in all this should have something to answer for, as should all the other directors who have run this down since the Blue Oar times. Where has all money gone and where will this new money go, not my way as a shareholder I bet. However if you believe otherwise this could be a winner as market capital only £700,000 at current price, but could be £3.5 million or more!

In trading statement in Jan board said they would bring final divi into line with interim. That was 4.25p best part of 5%, and then you will still get interim probably another 2-3p later. So first year (7/8 months) return should safely be 7.5% in dividends alone. These are a very cheap safe share that have a real value well into the 100's. There are not many such shares left these days!

Is this not LSE London Stock Exchange chat, not LSE bb London South East blogs board? It's bad enough when people take over boards like AVM for there own aggrandisement without you joining in, like you have here.

I thought they had suspended dividends as they could not afford, or at least needed the money for reducing debt etc.. But according to my portfolio on Marketwatch there is a 3.85p divivdend which goes Ex. on 11th of this month. Good news for me if this is right and I guess it must be?

Figures are good as the sale of european business has generated so much revenue. Behind that they are improving but still not profitable. The likely loss of cottage cheese market and increase in input costs of cream in particular are being handled. The pension issue still has some way to go but it is hard to see how a sensible conclusion cannot be reached! Many new product launches this year which I think are very good, the effects of increased sales from these is not reflected in these figures but will come. Investments in operations which have already been good, will be able to be continued as plenty of cash is available. Looks a good investment to me.

This F and C'n is not managing my assets tied up in its shares very well! News and div which is due in September hopefully round corner to lift this price.,

at 16p so price effectively is up by 10p ish

Astaire said it is in talks with a number of parties about a share subscription that would reduce Evolve's interest. Evolve currently owns about 54% of the company. Talks are at an early stage and shareholders will be told more in August, Astaire said. This was last week. I can only imagine it will be positive in the long run, still we will see.

out this morning on drilling prospects currently going on. They are at record levels for Dana so could provide significant boost depending on how successful. Interesting month or two ahead!

Fiscal first-quarter revenue rose 1% to 158.2 million pounds ($239.8 million) as strong gains from its technology services arm helped offset a fall in revenue from trading. The group said capital markets revenue fell 6% to 74.2 million pounds, mainly due to a reduction in U.K. cash equities trading revenue after the exchange cut its prices. The group stated its share of trading in U.K. equities improved to 62.4% in June from 60% in April. "Looking ahead, we are planning on the basis of market conditions remaining mixed," "Management actions continue to improve business efficiency and competitive position, with immediate focus on introduction of the new trading system and development of new services across the group to grow the business,"

LSE is the London Stock Exchange, it is a company which has shares quoted on the stock markets like many others. It deals in shares and makes a market itself in UK and elsewhere (Italy for example). The FTSE is just a selection of the top 100 shares, not a company. The shares could be a good buy at the moment even though general trading is poorish, any (anticipated) market recovery is likely to quickly increase price to 800's in my opinion.

likely to be valued at 1520 according to ADVFN news bulletin the other day, its surprising price has not got closer to that figure?

Broker Astaire has been hit by a claim from lawyers for Izodia for £4m plus interest at a time when its financial problems have forced it to stop its broker consolidation strategy. Astaire majority shareholder Evolve Capital is backing talks that could lead to the main businesses of Astaire being sold. There is more of this on digital look sharecast, it's from end of May

so get yourselves a bargain!!!! They are good people really!!!

Following the finalisation and publication of its 2009 Annual Report and Accounts earlier today, the temporary suspension of its listing has now been lifted with immediate effect and the Company's Ordinary Shares have been restored to listing on the Official List of the Financial Services Authority and to trading on the London Stock Exchange

resumption of trading. RNS suggests looking to improve shareholder value, well trading would be a start, value not trading is big fat zero. Lots of rats jumping around not sure if off ship but at least somewhere to cover bottoms

sell, but this would have been based on pre drop price.