Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
The institutions will divvy up money in the future, I dont think there will general placings. The main listing was createed to (1) give stevens an exit route in 2 years time (2l to provide credibility with custoners, (3) to access institutional funds (4,) to allow an exit route for minor shareholders.
It was not created to impress or retain wookies
i am guessing that within 10 days private shareholders will own less then 10% of Guardian, so we are uber irrelevant
Private punters are hassle and time consuming to placate. No they dont want us. What they want are a few select institutions that will hold the shares rather then trading them like as if they were playing in a casino. The company will be managed now in a more adult manner it has left AIM in common with other main listings. The general public will only be "sold" when 1 or more of the institutions or bigger shareholders wishes to reduce. Frankly, we are irrelevant and own less then 20% of the new group as I see it. Its hard for you to accept this, I know, but there wont be any fireside chats from the new group. Its becoming a business, no different from Securicor or ADT.
Sounds pretty bullish to me and worth a lot more then the 0005p-001p being mooted on this BB by some people
Guardian Global Security float to bring maritime security venture to London
“With existing revenues, strong pipeline of orders, and unlimited growth potential, we look forward to welcoming further new investors at this important time for the company," said CEO Gary Smith
Guardian Global Security float to bring maritime security venture to London
Nu-Oil and Gas PLC (AIM:NUOG) – formerly a vehicle for un-manned oil projects – is to relaunch as a technology and security business, with a float in London via a standard listing.
It is to acquire Guardian Maritime Ltd and Guardian Barriers IP Ltd, which together supply products to prevent unauthorised entry into areas that are deemed to have value, with maritime security being the main focus initially.
The new company, called Guardian Global Security PLC, will be led by chief executive Gary Smith, an ex-Royal Marine Commando and an expert in maritime security.
Guardian is described, in a statement, as “a revenue-generating business with a backlog of orders to fill”. Among its products is a retro-fit anti-piracy barrier. According to the company, no vessels fitted with the Guardian maritime system have been breached to date (among them there were five vessels that had experienced piracy attacks against them).
“The maritime security industry is currently approximately $20bn, which is expected to rapidly increase in size and profile,” Gary Smith said.
“As the world economies begins to accelerate their recovery from COVID, shipping remains in high demand with a higher number of transits with bulk carriers, product tankers and container vessels remaining as the most commonly targeted vessels; therefore the risk remains as high as ever.
“The piracy threat is expected to remain elevated as economies struggle to return to pre-Covid-19 levels and related socio-economic grievances persist.”
Smith noted that Guardian Global Security’s admission to the stock exchange will provide access capital that can accelerate investment decisions, maximise the opportunity ahead and deliver rewards and results for stakeholders.
“With existing revenues, strong pipeline of orders, and unlimited growth potential, we look forward to welcoming further new investors at this important time for the company, and to sharing a highly prosperous future," the Guardian chief executive added.
Guardian, in its previous guise, has won multiple awards for innovation and in particular as a provider of anti-piracy solutions.
Add related topics to MyProactive
Tech Small caps
Email address
Create your account: sign up and get ahead on news and events
NO INVESTMENT ADVICE
Proactive Investors Australia Pty Ltd ACN 132 787 654 (the Company, we or us) provides you with access to the content set out above, including any news, quotes, information, data, text, reports, ratings, opinions
Wookie maybe someone should have told u when yu were younger that everyone is equal but some people are more equal then others.
Its not corrupt for Guardian to keep in good terms with the city and the market makers, its essential if they are going to raise funding and mount future placings/rights issues. No one at Guardian expects the general public will stump any further cash so their is no point selling the ideas to people like you. The public also dont own that much any more of the NUOG story, now Guardian, so its somewhat academic whether you sell or others sell anyway. At best its going to be a one or two day wonder when the legacy stock is dumped by people like yourself. Then the shares will be in safer more longer term hands. I think, by the way, you should be aware that Stevens is locked in for 2 years on his shares, and I am sure, the placees are locked in for at least 1 year, as is normal in such cases when people receive stock at preferential prices. I doubt any of that will be sold on Monday, although I accept you and others like you will grab the opening price if you can.
I cant see the backers coming up with 2 million on the scenario you envisage of zero incentives. Whether they will be shared with private punters is another matter especially as we now only hold minority stakes in aggregate. Its also the case of if they have something up their sleave they will want to keep the good news to themselves and their city friends, as in all these things. Why allow prospective shareholders to piggy back off their back? Those who patient MAY reap the reward, and I suspect the AGM and the annual report may shed some light on the future direction of the business. I however refuse to believe that they went for a main listing just to sell a few pirate barriers. But there is it.
Yes, lets all sell on Monday at half a penny?
I am sure lots of us are gagging to take that
At the same time we might as well cut our wrists?
Yes, no buzz on this which I take as a good positive sign
"Buzzy" refoat stocks usually open unsubstainably high and plunge
Plans will only be divulged (after) the price has risen.
Why should they share their money with you?
Your amusing Wookie
Wookiemonster i said 5p on relist, 50p in two years if all goes well. The stock wont be 50p on relist
I am confident as the USA weakons as a world power that piracy will increase globally and especially in certain hotspots. Companies are forced by their insurers to take the necessary precautions and those requirements will increase as the threats mount. Sleepy security guards are one way, other passive and static measures are another. Electronic alarms and bridges and safe rooms another. Its about cost and time and the degree of threat envisaged. This is a field that Guardian seems well placed to plough, and we, as shareholders, can come along for the ride along with our CEO and Main shareholder, GARY STEVENS, and the owners of the device The Stevens family. I am confident of a positive outcome since their shares and their retirement hinges on it.
You selling out Wookiemonster, yu have been very focussed on the open price for some time i note. ?
Enjoying ribbing Marbur/Franjipan/766/Average Down Mug its a lot of fun there. Of course Murbur/Franjipan is now saying that the shares, even if they open, will be worthless and collapse to nothing as can be expected from an embittered ex investor/contractor who failed to get paid type but it shows you that there is no willinginess to admit he just might have gotten it wrong. Its good in a way as it screams buy! when the the shares open.
A global MARITIME SECURITY company could easily be worth 400 MILL = could be worth a lot more depending on events in the Seas. There is a actually a PIRATE stock exchange in Somalia I heard where people invest in the next escapade. Its not a small cottage industry and there is a lot more equipment, other then barriers, that could be franchised and sold under the Guardian stable. I am guessing that is the plan otherwise an LSE listing would probably not be necessary. I am not saying it will happen next week, but overall I am confidend that that is where we are now headed
5p will be bargain if it comes back at that. Its likely to be higher in my view still I am not sellling for less then 50p
Back on 24th as guardian security
A 50% premium seems on the low side. Most RTOS at least X3
Yes they have changed the terms since the first announcement. Obviously, the Stevens wish to reserve shares at the rock bottom price rather then any elevated price they might have to settle for later. Still, its in their interest to ensure that the shares, in those kind of quantities, are marketable and saleable otherwise their retirement dreams will rely on the initial cash consideration which is hardly enough to retire on
Ying Tong
Ying Tong
Ying Tong
"The balance of the consideration for Guardian (and the growth metrics for it are unfortunately unpublished) is potentially 200 mln shares since it will be paid at the placing price not the prevailing price. However there is a silver lining in that her holding will be limited to 29.9%. Any excess paid in cash instead"
My reading of the original RNS was the further placings to the Stevens would have been at an average of the market price over 30 days, and not as you suggest at the initial placing price on re-listing'
I dont think your correct in your assertions, but am unable to view the current prospectus, only a synopsis on the company website which does not mention the detailed terms of the placings to the Stevens.
Fifteen million initially sounds about right. Its a niche business but has scope to widen and its in a market with few, if any competitors. Added to that the growing threat of piracy and its bound to attract interest by those who could not get stock at the placing. The placing, as I understand it, is not open to the public, so you cant just buy it, and even if you could, your unlikely to get all of the stock you want. 3p on the opening looks likely possibly moving up to 4-5 p in a few months. Overall in 2 years I am thinking 10p Plus
I dont have to do anything but to humour you its clear its relisting and its clear that those not in are seeking a lowish entry point so they can get in near as possible to the suspension price. Personally, I dont that it likely as RTOS usually come back X3-5 at a minimum and sometimes a great deal more. The fact that they raised 2 million GBP at 0.0025 suggests that is the rock bottom and its likely to be at a multiple of that when it refloats in the next couple of months. The hard part is over in terms of LSE approval and funding. I am quietly confident that a nice earner awaits.