Member Info for swizz

I wonder what Nigel Wray has planned for ECV?.........GL S

Pd, the news was very good IMHO, but there is very little liquidity in Tengri shares, the mkt gave played a blinder and I would not be surprised to see this end negative for the day, as the T2 day trippers look to close out realising it is not a trading share, fwiw and IMHO it is a buy at theses levels if you are willing to take a longer term view, as in months rather than days/weeks, Salim and Stanhill have the means to take this to production and I would expect liquidity to improve as they bring others in to widen the investor base, albeit at a higher SP than were we are now.....GL S

Js, it is a fair point to raise and IMHO I think they will look to widen the investment base in the future, but I would also think they will look to do so at much higher levels than this,.......GL S

Care to expand? Or is that just a throw away comment?, as Salim and Stanhill took out Robust in the latter part of 2014........GL S

If you get a chance to do some research, you will note that their infrastructure assets are probably worth more than the current mkt cap, let alone what the potential value is in the ground and close to the surface.....IMHO and DYOR.....GL S

Interesting, I would call it differently, IMHO it is more likely the mkt is trying to accommodate a large buy order, now the potential has been proving even further by Tengri, I reckon you will see some insti interest, albeit small in the scheme of things, they are on record with their plans to raise and I would imagine they will want the price a lot higher than current levels, ......GL S

Liquidity is the simple answer, there is only circa 15M in free float,......GL S

The free float is circa 13%, with the rest in hands of Salim and Stanhill, ........GL S

Wow, the thread is certainly a bit more active today!......GL S

Unusual to see any interest....anyone watching?......GL S

Ow, I don't believe the fat lady is singing just yet.....GL S For info...... RNS Number : 7563D Mercer Resources PLC 02 February 2015 Proposed Dealing Facility Further to the announcement of 30 January 2015 in relation to the proposed cancellation of the trading of the Company's ordinary shares on AIM ('Cancellation'), the Company is pleased to announce that, in order to allow the trading of ordinary shares in the Company after Cancellation, Mercer has appointed JP Jenkins to provide a matched bargain dealing facility. JP Jenkins is a trading division of Peterhouse Corporate Finance Limited which is authorized and Regulated by the Financial Conduct Authority, a Member of the London Stock Exchange, a GXG Markets Corporate Advisor and an ISDX Growth Market Corporate Advisor. Shareholders wishing to buy or sell ordinary shares of the Company, are advised to contact their existing stockbroker. Further details including indicated price along with a history of transactions will be available on the J P Jenkins website which can be found on www.jpjenkins.ltd.uk. hTTp://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12234920.html

Speaking of Clubs, I wonder how our email club got on last night?, no mass exodus first thing and a few more nibbles suggests they liked what they heard, or perhaps did not hear?.....😉.......GL S

A small amount of interest on the back of the director buy news.....GL S

Interesting to note PEEL have moved on to the bid, with L2 firming in the process......GL S

A good update today from Formation and solid foundations in place for future growth IMHO,......GL S CHAIRMAN'S STATEMENT On 30(th) May 2014, the Group announced my appointment as Chairman, replacing David Kennedy in the role of Chairman. Group revenues continue to increase year on year with an uplift of 36% this year from GBP5.85m to GBP7.94m on the back of an increasing workload driven by the current strong London property market. It is expected that revenue will grow over the coming financial year with various work contracts in place and further commitments anticipated over the coming months. Whilst this year has seen a loss of GBP0.52m (2013 loss: GBP0.41m) there has been an improvement in the Group's underlying financial performance following years of Sport related problems and restructuring as previously documented. The loss for the year from discontinued operations of GBP0.4m relates largely to a write down of the Bradford and Bristol properties to fair value. The continuous efforts of the Directors and management in this regard over the years are now showing through financially. The Group is now solely focused on Property activities which includes property development for the first time as per the RNS publications of the 11th April 2014 and 10th October 2014 regarding the purchase of the Iverson Road Site. An RNS on the 21st March 2014, Formation was informed by Julius Properties Limited had resolved its legal dispute with Redrow Homes Limited over a title issue relating to the property at No 1 Commercial Street, London E1 and would be in full receipt of the majority of the funds by June 2014. Formation Group Plc announced by further RNS publications on the 11th April and 13th May 2014 that it had received the sum of GBP1.59m in part payment of its Aldgate Investment Funds. Formation Group Plc is confident it can source additional funds as and when viable investment opportunities are found. The Chief Executive Officer's Report provides further detail on the individual projects, companies and properties within the Group at present. The Group has added and will continue to add to the experienced base of construction and property personnel it has in order to meet its increasing contract commitments. It looks forward to utilising this experience to its advantage over the coming year. It is anticipated that access to future cash incomes and an improving credit rating for banking purposes will also allow the Group to drive further improvements, generate profits and enhance shareholder value. The Board and Staff I am pleased to report that The Group is now fully focused on property development and construction activities for the first time in its history. I would like to thank all board members and staff for the enormous efforts and dedicated contributions they have made over the past few difficult years in getting the business to where it now is, problem free and with a strong focus for the future.

Good to see ;-) .....GL S

Currently quoting 2.58, I may have another top up........GL S

Last dip underway to finally clear overhang?........GL S

Bb, it certainly looks that way, as the SP suffers yet again today.........GL S

And I should have added, we appear to have a line of stock being cleared for someone......GL S