Member Info for shares123

http://www.iii.co.uk/articles/288002/top-10-quality-aim-shares-2016? PE of 15, and once the 9M of cash is removed from Market cap (As Peter Lynch suggests) that is reduced to PE12. ROCE of 21% and operating margin of 21% suggesting the company has economic moat from know-how and patents. There is also a 3.5% div yield and dividend cover of 2. Five years of increasing and positive Net Asset Value per Share. 3 years of increasing profits. What is not to like!

GSK looks to have broken out of the basin. Upwards to 1420 from here.

Now the extra 410M shares are added to the 28.77m shares present. A 2.625p share price equates to grossly overvalued 12M market cap. There is only 5M cash in this shell. I think the share price will decrease to fair value (5M market cap) at 1.2p in January. The shares will be suspended on 20th of January as 1 year will have passed as a investment company.

MOnzur, No you will not be paid for the shares you will end up with a unlisted shareholding. Which you will not be able to dispose of easily and if you do it will be a large discount. Better to sell before the delisting!

Hi badeli, Not sure what the ADVFN email reply was on about suspension was today after all. Lets hope the reverse acquisition goes through. It has been a long wait. Merry Christmas to all

Serendipity, If the reverse acquisition is successful it will be a very nice investment. However, there are risks here so I would not have to large a position compared to your overall portfolio.

There has been no announcement yet. Suspension occurs 1 year after becoming investment company. 6 months of suspension then delisting occurs.

Hi, I first read this in the 2015 annual report "The transaction was approved at a General Meeting of the shareholders on 23 December 2014 and the transaction completed on 24 December 2014." So I thought it would be 24th of December 2015. However another poster on ADVFN posted his email response from CSI. 'Under the AIM rules when we sold our business last December and assumed investment company status, with an investment policy approved by our shareholders, we had a period of 12 months to enact the investment policy. All things being equal, if the policy is not implemented then our listing would be suspended from December 28th. We would then have a period of 6 months to implement the policy before our listing lapsed.'

Half day tomorrow and closed on Christmas day. Then on Monday the shares will be suspended for 6 months as it is looking like they need extra time to complete the RTO. I have decided that it is worth holding into the suspension as the value uplift will be worth it. Worth restating that MXCP have organised alot of successful reverse acquisitions previously. In addition, there are new large investors (Hargreaves, SPARK and Griffiths) that have invested recently into this cash shell.

Sorry typo I meant when will they delist cronin not Adams. As cronin's market cap is so small like with Sarossa.

Hi Sid, Sagacity also put Charles Robert VIVIAN (a MXC capital guy) on the board in September. MXCP own 26.5%. In 2014 they made £909,913 profit and have £999,716 cash in the bank. Alternatively, it could also be Maytech. MXCP own 25%. In 2014 they made £895,146 profit and have £1,138,971 cash in the bank. Both look like good companies for a buy&build up market cap strategy.

Here is some info on React and a piece about Adam Reynolds. It is a good read. http://issuu.com/ukinvestormagazine/docs/ukim-dec2015?e=17910782/31960956

Someone else was also hinting about the american connection. Thanks for the clue.

Hi LordBachmeier, Please let us do our own digging. Point us in the right direction and give us a clue how you came to your conclusion. My guess is Sagacity solutions.

Oops typo I meant know not now. Griffiths also let his friend Robert Quested sell out before he announced ORA capital delistingl. AIM regulation is a joke. People are allowed behave like crooks.

I would not trust Griffiths if I was you, I have already sold out. He will probably try to force the share price even lower so he can do his buy back slowely at rock bottom prices. With out letting the price rise. Did you see how the share price crashed just before the announcement. He has clearly let his friends now before the announcement. Bastard. Clear insider dealing.

Guys Griffiths has just delisted Sarossa. Screwing the small investors, just so he can buy back all the small shareholders stakes at heavily heavily discounted rate. He will make alot of money from this. He will also do this here and you ALL will have to sell your shares at heavily discounted rate. You have been warned.

Guys Griffiths has just delisted Sarossa (almost identical to Adams plc). Screwing the small investors, just so he can buy back all the small shareholders stakes at heavily heavily discounted rate. He will make alot of money from this. He will also do this here and you ALL will have to sell your shares at heavily discounted rate. You have been warned.

Griffiths screwed the shareholders just like with ORA capital. I guess he is doing it so that he can buy back most of the shares at a heavily discounted rate. He will make a fortune on his holding, everyone else gets screwed :( In future, I would not recommend buying any small holding where Griffiths is the majority shareholder. He seems to have a habit of screwing small shareholders.

They are delisting from the AIM :(. Sell out now if I were you.