Member Info for richmanpoorman

How can the Board recommend an offer so far below our average share price over a longer time period? Selling on the cheap to their mates 'cos they know the Finkit product is a winner?? Yet another example of management arrogance at the expense of long suffering shareholders? Not happy. Glum face...

Not good when my average is way north of 2.9p! Hopefully a bidding war will break out??

The deal may well be approved in the fullness of time but unfortunately either the deal or the company will probably collapse before then. Get out now if you can. I exited as soon as the review was announced and am very glad I did even though I lost money.

So for just one of our assets we will receive a value in excess of our current market cap!! What's not to like?

And now with a name to match. Avoid at all costs.

Good article http://www.bbc.co.uk/news/business-38769896 MDZ should be able to use this to help win more business

Yep, the money is in. Happy days for some, not for others, respect for all. Credit card to pay off then full into AMC, PREM and OEX. May all your dreams come true. GLA.

Anyone had their money yet? On or before Wednesday - before would be nice.

Settlement of the consideration to which any ARMS Shareholder is entitled under the Offer will be effected, in the case of valid acceptances received by 8.45 a.m. on 1 July (being the time and date on which the Offer became unconditional in all respects) by no later than 15 July 2015. For those acceptances, valid in all respects, received after such time and date and up until 1.00 p.m. on 15 July 2015, settlement will be effected within 14 calendar days of the date of receipt of the relevant acceptance. As ACE have effectively secured 96.6% acceptance then they can buy out (at 56p) any shareholders who haven't accepted by 15 July. Not worth the aggro - accept the offer now.

Blackrock walk away with a cool £350m.

Ho ho ho, me and my crazy sense of humour, what am I like. You have until 1pm on 1 July to accept, so speak to your broker if you want to accept the offer. The 25 June deadline was set by Halifax for their customers to action acceptance electronically. If you take no action and ACE end up with 90%+ acceptance then they will buy your shares at the offer price whether you like it or not. I imagine that course of action will be available to them and that it will take longer for you to get your money so you may as well accept now.

You become personally liable for a percentage of ARMS debts proportionate to your shareholding. So, if you have 50,000 shares your liability is £250,000 payable on confirmation that the ACE offer has been successful. A somewhat harsh lesson but this will teach you never to miss an offer deadline.

Send me the money ACE rather - ARMS of course don't have any.

I've accepted the offer also. Now we wait for confirmaton of the acceptance level - it should be well north of 90% I reckon. Just send me the money asap please ARMS as I needed it months ago!!

It's a done deal - sell.

We have until next Thursday at 23.59 to decide. I suggest you wait until say 6.30pm on Thursday and then decide (asuming you have an online trading account which will accept corporate actions), just in case a better offer is forthcoming in the meantime (wholly unlikely in my view but here's hoping!) If there isn't another offer then ACE's offer is bound to be successful as they have commitments from enough shareholders already. I don't know what will happen if you don't accept the offer - I think it will depend on how many do accept - if over a certain percentage then ACE may be allowed to compulsorily buy the rest at the offer price? Otherwise, you will have a very small slice of effectively what will be a private company controlled by ACE and that may not be a smart position to be in. Other views welcome but I will be accepting the offer on the 25th if there's nothing better available. Not that my holding will make the blindest bit of difference to anything! But I will be delighted with the outcome - I said it looked to be a no brainer when the indicative 41p offer was tabled and the sp was at 25p. And so it turned out, and even better than I thought at 56p. Easiest £5k I have made in a while although I am not yet coounting my chickens until they confirm they are back in contro of the office and the company's business activities. I wonder if that confirmation will come before the 25th and we will be unsuspended? Would be nice to see the sp shoot up by 52%. GLA.

Something else ticked off the to do list which is good. The fine has already been provided for so no effect on the ongoing takeover, in fact it helps by removing uncertainty.

Worry not Spotted, things are on the up generally I feel. Should be a good June and July but I will be cashing in my portfolio before the holiday season hits full swing.

I have £10k stuck here and a large credit card bill racking up interest. Still, not complaining as my first foray into buying ARMS was at 15p so this will be a virtual 4 bagger for me. Not too shoddy what with AMC and UKOG also showing big gains. Just a shame about all the other dogs I have.

Looking at the performance of my AIM portfolio then I know how Nat must feel! Thing is, he can afford it. I could do with Len coming in and offering £1/share.