Member Info for Spikeyj

has not been very helpful for a long, long while.
... share price was many multiples higher when
helpful sneered at my scepticism and said he
knew a lot more about the company. well. he
probably did, but it was, & still is, a pile of poo -
he & orslega misled many pis over a long period.

“... cash in the bank... “

& just how much cash do
peeps think adme has now?

we just need to persuade that nice
mr buffet to take a chunk of jackson.

it is pretty unlikely that the dividend can be
maintained at anything like the current rate.

at the beginning of february it was a terrible company
that was going to fail. but now it’s a terrible company
that is going to fail ... so not a lot has changed really.

they said they would update “shortly”.

i appreciate that’s hardly a tightly defined term,
but given the reason given for suspension, and
the context of abruptly suspending trading in its
shares, i think they are failing on the “shortly”.

if nothing else, they should provide an update at
this point to explain clearly if any additional grounds
for suspension have arisen beyond that originally
stated, and give some indication of what they now
think a likely timeline is for ‘clarification” re CITIC.

(i wouldn’t expect them to be too precise,
but it’s not really “shortly” at this stage.)

(+ also that whopping
cash divi coming shortly)

it was a nice boing,wasn’t it?
... the BoD buys were helpful.

someone is going to buy this out,
within next 12-18 months. jmo.

3rd feb 08:48. Adme s/p = 4.75p. JHolder:

“Think it’s going to get very exciting from here!
Times like this I’m glad I held on to a few!”

Yep.

looking on the bright side, which is trickier with the world
the way it is, pru’s big muscles may enable it to strike some
relatively well priced bargains with others (e.g. per RNS).

tricky, not yet clear how ‘under control’ it is in Far East,
as we don’t know what happens if they loosen lockdown.

who would be stupid enough to take
part in a such a placing at this point?

... how discounted would it need to be??

09:34

“Why would the company pay for a broker note that was pure fantasy?”

yes, good question.

no, i’m not trying to rub salt in anyone’s wounds.

i think one main purpose of these boards is to try to
learn & understand more about how certain companies,
shares and markets work. ... which can include making
sense of what has happened, not just looking forward.

and dr hon was certainly part of MXO’s past.

the point being, learnings from experience may prove
very valuable in future, either to help spot good ‘uns or
to try to steer clear of the dross. but of course if you or
others don’t like reading my posts, you are free to filter.

ASTRAZ is holding up remarkably well.

which is very nice, given carnage elsewhere : )

punters, i didn’t say there were no tax implications for people buying
and selling share through private transactions. i said that it was “no
problem’ ... because unless someone is illiterate or innumerate, the
relevant forms and declarations to HMRC are not very difficult to do.

i tend to assume that most active pis should be more than capable
of dealing with basic tax affairs, hence should not be problematic.

15:30, don’t be such a wuss, punter!

there’s no problem re tax implications if people choose to
do private share transactions using stock transfer forms etc.
peeps simply need to declare necessary tax issues arising in
their returns to HMRC, & pay required stamp duty (see link).

https://www.informdirect.co.uk/shares/transfer-shares-step-by-step-guide/

no need either for people to meet in person for off-market transactions,
as the forms, payments etc. don’t require face to face interactions.

... so at this stage, on the offer side there is calamari offering
200,000 shares to anyone willing to pay 10p ... but no-one
seems confident enough about this take-over lark, & those
those 50/60/70p ‘targets’ that get bandied about to make
calamari the price he wants. ... while on the bid side, punter
initially said he would pay 7p, but then hastily backed down
to a 5.5p bid. unfortunately, punter has been unwilling so far
to say what size his bid is good for, & it’s not clear if he is willing
to offer that price to shareholders in general, or just calamari if
calamari is willing to travel to meet him in person. hence, looks a
very thin 5.5p bid /10p offered with the bid side somewhat skittish.

true enough, if both buy and sell sides & honest
and will genuinely deal on their prices. Gl.

what size is your 5.5p bid good for, punters?