Sevco Thread

[Bebo]

So, as expected, The Rangers are to do another share issue.

 

The BBC are suggesting they're trying to raise £30m. Their IPO initially raised £22m.

 

That is a massive share dilution. Fucking massive. As if the shares weren't already worthless - wouldn't surprise me if they end up a penny stock. I also see they're 15% down today too.

 

Institutional investors bought £17m worth of shares from the IPO, but actual huns barely contribution anything. So, how are they going to convince the guys in London to throw more money in?

[Ricoh]

So, as expected, The Rangers are to do another share issue.

 

The BBC are suggesting they're trying to raise £30m. Their IPO initially raised £22m.

 

That is a massive share dilution. Fucking massive. As if the shares weren't already worthless - wouldn't surprise me if they end up a penny stock. I also see they're 15% down today too.

 

Current The Ranges share trend (ignoring today's good news):

 

 

They should reach zero some time in August.

[Bebo]

 

Current The Ranges share trend (ignoring today's good news):

 

 

They should reach zero some time in August.

 

They're at their 52 week low. Hypothetically if they did a share issue tomorrow for the speculated sum, their share value after dilution would be what, less than 10p? After a launch price of 70p?

[Pudgie]

So, as expected, The Rangers are to do another share issue.

 

The BBC are suggesting they're trying to raise £30m. Their IPO initially raised £22m.

 

That is a massive share dilution. Fucking massive. As if the shares weren't already worthless - wouldn't surprise me if they end up a penny stock. I also see they're 15% down today too.

 

Institutional investors bought £17m worth of shares from the IPO, but actual huns barely contribution anything. So, how are they going to convince the guys in London to throw more money in?

Maybe they're hoping investors will double their initial investment to give them the same whack as the first IPO.

 

Either that will happen, or it will just piss everyone off and they'll be left with a piddly amount from the "Loyal" fans.

[Nelly]

 

 

Got to be pretty desperate to sell 10 shares for a grand total of £2.60.

 

23-Apr-14

13:23:55

26.01

10

Sell*

26.00

27.00

2.60

O

Would have cost more than that in charges to sell them

 

 

They were lucky they did that before the review, would only get £2.10 now!

[newcastlered]

 

They were lucky they did that before the review, would only get £2.10 now!

 

They were unlucky to buy them in the first place. And when I say unlucky I mean unlucky to have been born without a brain or any sense of logic and a personality weak enough to be exploited by hun sympathy.

[granite sheep]

This would make my weekend if Sevco are doon the tubes

[dervish]

MuirendBearWATP, on 25 April 2014 - 02:40 PM, said:

Also I fucking love it when Graham Wallace speaks. The man is a consulate proffesional and always puts his point across so well.

His words on Jardine aswell - Perfect

Best thing to happen to our club in years

 

This post hurt my eyes. Yet...

 

 

Exactly mate

 

and...

 

 

It's a real shame we didn't have him in from the start of being demoted.

 

Burn you fuckers, burn.

[dervish]

Skyson1872

Arthur Numan

• 
• True Blue
• 
• 362 posts

Posted Today, 02:57 PM

I think things are looking promising now to be honest.

[Tommy]

These cunts are totally off this planet.

The original club's fans were scumbags but by fuck this lot take some beating.

So many bowls of stupid for breakfast.

[tightbreeks]

copland road - jd sports superstore

broomloan - aldo or lidl (which are excellent shoppies)

dunno what it's called but the one opposite the main - casino

main stand - hooses

 

ground share with another team

 

or

 

carry on, and swallow yourself. like that blue trumpet nosed meanie in yellay submarine, ya bas.

[Bobby Connor]

This cunt?

http://www.independent.co.uk/news/whizkids-fall-completed-by-court-disgrace-ends-in-1319354.html

Was in my brothers year at school.

Cunt

Funnily enough it's a computer shop that used to be on the go in Inverness who I was thinking of. Fairly well known as being a cunt now but I hadn't realised that at the time. There are cunts doing it on a larger scale though. Not least of all the fucking Huns! Supplier beware! Get paid up front or at least take a deposit and especially watch out for flash cunts who look too good to be true and demand the earth. Don't give credit to a random just because he has a nice car... Or a big football stadium.

[V for Vendetta]

Complete mongs.

 

All it takes is a couple of completely hollow positive statements in amongst all the bad news and they swallow the lot.

 

No question where the money will come from or how they'll get promotion or challenge in the top league with cost cutting going on, they just focus on the "beating Celtic to the title in 2017" nugget and ignore the rest.

[MightyDons]

Offering 43.4m new shares at the current share price is not going to raise that much.

 

43.4m shares x 22p = £9.5m

 

That surely isn't going to last them very long....

[tightbreeks]

are the players on like 5-10 bags of sand a week? no football no income for the club.

 

maybe the players should whore themselves out over the summer. belial moshni is a good looking lad.

[Robbie Winters]

So, as expected, The Rangers are to do another share issue.

 

The BBC are suggesting they're trying to raise £30m. Their IPO initially raised £22m.

 

That is a massive share dilution. Fucking massive. As if the shares weren't already worthless - wouldn't surprise me if they end up a penny stock. I also see they're 15% down today too.

 

Institutional investors bought £17m worth of shares from the IPO, but actual huns barely contribution anything. So, how are they going to convince the guys in London to throw more money in?

Well because according to their 3 year plan they will be at Europe's top table.

 

 

 

Deluded cunts, was this not what Murray said about 18 years ago

[Monkey]

Regarding shares, there's an interesting part of the review;

 

The authority given to the Board at the AGM in December 2013 to enable the Company to allot up to 43,400,000 new ordinary shares of 1p each in the capital of the Company on a pre-emptive basis to existing shareholders has not been exercised to date. In the event that season ticket sales over the forthcoming weeks are materially less than anticipated then the Company may seek to use this pre-emptive authority which can offer a cost effective and efficient method of raising capital.

So they are saying that they may have to issue 43 million 1p shares to raise cash if season ticket sales are slow. So that will get them only £434,000 whilst further diluting the existing shares. (Less than the sales of 1,500 ST assuming £300 odd per ticket)

 

And then they want to have another share issue later in the year!

[tightbreeks]

well, they should just become fan owned. it seems like they can't help but have to plough money they don't have into the shitpit.

 

maybe they'll just keep on mugging themselves off, for ever and ever.

[tightbreeks]

...and just admit it by renaming murray park minas morgul. after a few years, ibrox, barad-dur.

[Robbie Winters]

A quick viewing of RM shows plenty of divided opinion. Huns arguing with Huns on whether to hold the Board to ransom with STickets or risk admin, fkn magic

[Bebo]

Regarding shares, there's an interesting part of the review;

 

So they are saying that they may have to issue 43 million 1p shares to raise cash if season ticket sales are slow. So that will get them only £434,000 whilst further diluting the existing shares. (Less than the sales of 1,500 ST assuming £300 odd per ticket)

 

And then they want to have another share issue later in the year!

 

I'm not sure that's what that means. Shares normally have an ordinary share value of 1p regardless of its current price. I think it means that there is 43 million shares that Sevco holds itself, for the purpose of giving first priority, or "pre-emptive rights" to current shareholders, usually at a discount.

[tightbreeks]

Glasgow is going to become a singularity as it implodes on itself, dragging in larkhall and so on.

 

nerd slagging!

[caledonia]

Who pays for season tickets via Cash?

 

I'd say there would be a lot of fans who pay by Credit Card because they don't have £300+ kicking about spare.

 

we are the paypal

[caledonia]

[daytripping]

 

I'm not sure that's what that means. Shares normally have an ordinary share value of 1p regardless of its current price. I think it means that there is 43 million shares that Sevco holds itself, for the purpose of giving first priority, or "pre-emptive rights" to current shareholders, usually at a discount.

 

This is correct, at current prices they'd need to offer them at a good discount as the shares are likely to go lower due to the dilution and it isn't exactly a sound investment, I'd say maybe 13 to 15p. After costs and fee's not a huge sum of money.

[tightbreeks]

dean windass on fantasy football league, let's see if a dandy gets in his team...

[reekie_dock]

Aye the Hun contingent on the rig quiet the day nae to many WATP.....

 

Just a pity our Rigger got sacked last month for getting smashed at a work do and making complete cunt oh himself, I have loved to be giving him Pelters the day.

 

Never mind plenty more North East Huns to get stuck into.

 

Daft Cunts still clinging onto Dave King riding into the big house we his bag full oh cash and saving the day!!!

 

I think not serpents the Big house is coming down, with you all in it!!!!

[tightbreeks]

maybe the shifty eyed kingy will be wanting to spend his ill-gotten gains before some authorities get their mitts on it.

[Mikeyboy1903]

So what have I missed, Haven't had access to the Internet or e-mail's all day..........

[tightbreeks]

the huns have come to terms with the fact that money doesn't grow on trees.

 

their social workers are now working on the santa claus myth.