Member Info for unvrkw

i wonder whether this will move in either direction as results day gets closer, it normally does. very little activity, everyone awaiting insight into whether we have stopped the rot and are now growing

Guys looking pretty. he has shares in the company, i am sure has been offered a great package and expansion plan and cash to take this forward so hence they will support and push this to go out of public hands. we need stellios to stay firm. polar have a big amount, stellios to get them close and over 90% they need to auto buy

i'm going to hold all the way as happy to see where this goes. stellios will want i am sure £1 plus, might even stretch towards £1.10 as whilst this may seem like a lot more the business is just about to turn a huge revenue, profit corner and this brand has a huge future ahead.

after that looking at aviva, legal and general costain potential next options. play this out first

they get so many offers and then told to put up or shut up. this has to go to a vote, risk is you say no and they walk away. i think thats unlikely as this industry is very bouyant at the moment. it will happen quite quick, stellios has such a high % that they need him to say yes, they need him to be happy and accepting of the deal. this will go higher, these guys have far more than £130 million plus to spend.

stellios says hold and dont budge. the offer hasnt been accepted its been sent out, everyone votes as they dont have a commanding % which gives them the ability to take over completely without our vote. stellios will hold off, he has nothing to loose, has plenty to gain and its his brand. he will continue to get more and more cash as the business grows with the hotel gain. i need to think about where next ?

interesting. i think stellios will go for more, why wouldnt he? its his brand, his connection, his money and the sp has been far higher before.

expect £1 min, maybe £1.10??

i think this may go higher, i think stelios will want more. i think for him and the shareholder he will push, need to see what he does and potentially wanting more than the £1 token amount!!

be interesting few days i think it will go higher. i'm holding, worse case no sale then 95p offer

of course stellios has got to say yes and he owns alot. maybe he will say no, want a second offer higher which wouldnt be unusual and it therefore may go higher.

i'm not complaining. its a £45k gain overall for me so i'll take that any day and there are no costs associated with this as its a cash off, no admin and therefore you dont get charged for any of the transactions. i bought another £3.5k a few weeks ago at 76p so it seems buying anything around this prices would have worked.

of course its not fixed as yet, the price could go higher, someone else could come in and offer more?

Seems it might be the time to get going on these shares. Might hit a sweet spot

i know what you mean however companies never seem to get it right as to exactly what people want to see
i think since the new ceo has come in he has done everything as quickly as possible to turn the business around, focus, specifics, less, value and reduce costs. what he now needs is sales in the products the company had way before he arrived, this is the harder bit to sell which i think they have now started. this is a far different business to 3 years ago

Yes sell out just before a rise then back down again. All the problems have been declared this needs to now be steady growth going forward ideally in all areas

Hurts abit buying hotels in France which nearly cost the same I’m sterling as euros however I guess we get the revenue back this way to our favour.

New Nice hotel will open with7 extra rooms in October so the pro is two month turnaround and we have a fully owned hotel open to the public.

Fair investment so they must be confident, I think the business model is working well. Another 700 ish rooms before financial year end.

Hotel at the French airport will be huge and very successful

sounds obvious but interesting if someone owns up who it is. quite often be a person close to the whole process that is now making a few more quid.

be interesting these next few months how this pans out

Someone’s buying so does someone know something, there was comments that people knew about the problems and quarry closure earlier than release, maybe likewise inthe other direction. Has production started, it’s like a strike the closure will cost both sides more than say an extra million being handed over. Do a deal, both compromise and move on

That I think we have had for some years. Definitely now Canadian, note Bromley as being based there, still links to cic capital fund alongside cic capital and then I assume cic gold. Certainly update figures and website have changed a lot so maybe just maybe we are closer to something

Yes they even have a revenue. Interesting times

Transactions
During the six months ended June 30, 2019, the Company earned revenue of $620,000 (2018 - $nil) from a company controlled by the President of the Company. This amount was offset against the convertible debt owing. Refer to Note 3.

yes this might take a little time to resolve actually, legally who really does own what as the price, value of each of these blocks leaving the quarries is now worth quite a few quid. a few years ago it was a potential dream and nothing to loose, now its very different

I thought you might be edging out as some sells trickling in over the last week. Good luck

Well it doesn’t feel like a good time to buy anymore??

Think it’s time to hold back and see where this goes. It seems people must be selling at a loss so worry over the business continuing? Roll on next update