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Ain’t the first time people sell bc impatient... also check the volume over the past month is it even 1M?
Float versus free trading.
Float is total shares held at the dtc.
Free trading includes float and any unrestricted shares still held in paper certificate form.
I think he used shares held at dtc 2.1m.
The 10m includes some old free trading paper certs.
Well something is happening...looks like Institutional volume. Big chunks being bought/sold with no news
If he had it all along Then the float figure would have been 12 million all along. There are big chunks comming out not 1,000 here and there
It changed at some point, I can’t figure out when. I asked Simon, but he did seem to know what I was talking about, as if it had been 10m all along.
When did that go up It has been posted here all along 2.2 in the I Box
The float is over 10m. Look at the last filing.
Back where we started.. great job here fellas..
Really what is going on here. This trades in big blocks with a float of 2.2 million. What is the real figure?
Being a realistic individual its my opinion impatient traders do not exist only inexperienced. Flippers know this is a long shot with no traffic. Its easy to move tickers with experience its all about positioning and a coordinated effort of a few. Its weak minds that retard TNPH not hands.
Get all the weak impatient hands out now.. then we get news and they cry
Just got to wait for it.
Gets much cheaper I might just add.
Did first stock market listing in the early 1990's, & been on the board of over 20 companies listed on stock markets in Europe, Asia & the US.
Sure that is true.
Remember we went digging for clues. He didnt jump up and down yelling look at me...look at me. He bought a shell and took the first few legal steps to restore TNPH to good standing..
He never said a word. Sometimes you have to wait until they are ready..
If he stays quiet for a few more days we might just close that gap at 4 cents. Amazing.
Seriously.......Simon, you bought a really cool, clean Shell.
Put something in it !!!
I’m happy to add a few here and there at these prices.....
Simon is too connected in various successful business ventures to let this lay dormant much longer, in my opinion.
Yeah we sure could use an update here.
And this is what we think
If they were up and running already we could have called IR and gotten those answers. Easier for someone to pull that stuff before the lights are all turned back on.
The guy is
a Fckn nut job
Especially when I see things like this lol
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147835286
Stock is looking really strong. LOL. Here comes a nickel.
David
Nice find. Thank you.
They sure did.. Simon wake up and drop some updates..
wow- this is what they have been going off about, painting as a bad thing?!
hope they got their cheap shares....
$TNPH!
over-blown settlement issue related to Littleton...
https://www.telegraph.co.uk/finance/markets/2812938/London-Asia-chief-quits-over-expansion.html
looks like he was at fault for trying to raise expansion capital for London Asia
perhaps tort reform is necessary abroad as well
$TNPH
Yeah, shenanigans at London Asia don't matter, let's roll lol
Chart and A/B gap look good... time for sum chumy chum......no poo pooers today
Note 21 Legal proceedings, recoveries and disputes
1. London Asia Capital plc
Since 2010 London Asia Capital plc has pursued an action against a former director of the company, Mr Simon Littlewood, and his wife, Josee Lai, in the High Court of Hong Kong. The claim arose from the share swaps in 2007. In those share swaps London Asia Capital Land Limited was issued with 21,505,376 ordinary shares of London Asia Capital plc at 12p each, in return for a 60% shareholding in London Asia Capital Land Limited. Simon Littlewood and Josee Lai failed to arrange the issue of that 60% shareholding as consideration, and failed to pay London Asia Capital Land Limited the premium of approximately £3,870,471 which was claimed.
In early 2017 as part of an overall settlement with the company this action was terminated on terms which included the surrender of shares owned by Mr Littlewood in the company together with a cash payment.
2. London Asia Limited (“LAL”)
Since 2010 the company has pursued claim in the High Court of Hong Kong for unpaid share premium against Mr Koo Kok Wai, a former director, who subscribed for shares in LAL in August 2007. The defendant applied for 119,999 shares in the company for consideration of HK$1 per share paid-up and HK$499 as unpaid share. The directors have called for the unpaid share capital but the defendant has failed to pay the total sum of HK$59,879,501 (approximately £5,163,012) plus interest at a rate of 15 per cent per annum.
In early 2017 as part of an overall settlement with the company this action was terminated on terms which included the surrender of shares in the company together with a cash payment.
3. London Asia Capital (S) Pte Limited
Since the provision of accounting information it has become clear that former directors, Simon Littlewood and Victor Ng, were party to the unauthorised withdrawal of SGD3.5m between 2005 and 2007. A detailed review of the circumstances surrounding this withdrawal and its subsequent accounting treatment resulted in legal proceedings being commenced by London Asia Capital (S) Pte in Singapore against Toby Parker, Victor Ng and Simon Littlewood. These proceedings were vigorously pursued in order to obtain the maximum recovery possible.
In early 2017 a settlement was agreed between the company and Mr Littlewood and Mr Ng. the terms of which resulted in a cash payment to the company and the surrender of all shareholdings owned by Mr Littlewood, Mr Ng and their families and associates. The proceedings against
Mr Parker continue.
http://www.londonasiacapital.com/pdfs/LAC_Annual_Report_2016.pdf
http://www.londonasiacapital.com/letter_170605.php
Dear Shareholder
I have pleasure in enclosing your shareholder pack for our forthcoming Annual General Meeting to be held at 11am on Friday 30th June 2017 and look forward to seeing as many shareholders as possible at the meeting. The audited financial statements of the company for the year ended 31st December 2016 and the statutory notice convening the Annual General Meeting are enclosed and have been posted on the company's website.
Your board was greatly heartened that the long standing deadlock surrounding the company's investment in Zhongying was finally resolved in late 2016 and we were very pleased to have received the almost unanimous support of our shareholders at the meeting held on 7th December 2016 to approve the settlement and the fundraising that accompanied it. The settlement has been completed and we are now working harmoniously with our Chinese joint venture partners to agree the best way forward to create enhanced value for all Zhongying shareholders.
As shareholders will be aware, the company has been engaged in litigation to recover investments and hold to account those responsible for the significant losses incurred many years ago. I am pleased to
be able to report that earlier this year a settlement was reached with previous directors Simon Littlewood and Victor Ng and their respective families in relation to claims made by the company in Hong Kong and Singapore. The settlement included cash payments to the company as well as the transfer of all the shares previously registered to Simon Littlewood, Victor Ng and their families and associates.
As a result of these settlements there remain continuing legal proceedings in Singapore against Toby Parker. These proceedings are expected to be determined in court later this year. Our enquires into
the apparent fraud perpetrated on the company in Croatia have continued and a meeting has been held with the police in Croatia to further our criminal complaint.
Right at the beginning of that article it says it was a hostile takeover.
China-focused private equity fund London Asia Capital has accused Wuhan industrial tycoon Chen Yilong, the majority owner of its biggest portfolio company, of being the driving force behind a plan to oust its board.
There is an endorsement page that has 267 hedge fund managers and business partners endorsing Simon.
https://www.linkedin.com/in/simon-littlewood-1982581/detail/skills/(ACoAAAA29AQBG3B-MsvqVpMWWs4H0LAd3gd0LuA,1)/elites/
That’s a massive following
Peeps tend not to follow maniacs, IMO
$TNPH
https://uk.advfn.com/stock-market/london/london-asia-capital-LDC/share-chat?page=420
Might be worth reading this thread about Simon Littlewoods past....yea, I'm sure a defensive posture will be takin by those holding.
I just noticed Simon has 21000 followers on LinkedIn. Several of his posts have comments from others. Not one negative comment out of all them.
Articles & activity
21,345 followers
https://www.linkedin.com/in/simon-littlewood-1982581/
That's not what the article said. We also saw all the high profile deals, partnerships and speaking engagements Simon has been involved with more recently.
kinda doesn't matter how old info is when a person shows lack of character....founded London Asia but left it in a mess....the books weren't even being kept. This one is from London Asia itself:
"As shareholders will be aware, the company has been engaged in litigation to recover investments and hold to account those responsible for the significant losses incurred many years ago. I am pleased to
be able to report that earlier this year a settlement was reached with previous directors Simon Littlewood and Victor Ng and their respective families in relation to claims made by the company in Hong Kong and Singapore. The settlement included cash payments to the company as well as the transfer of all the shares previously registered to Simon Littlewood, Victor Ng and their families and associates."
http://www.londonasiacapital.com/letter_170605.php
the above link is from 2017....pretty recent
If this shtt doesn't make you wonder wtf, then ...wow...ok
Still think a nice pump can happen with this shell....looks like Simon's wife is running this one and maybe she wanted the shell for one of her ideas. They will probably hold it for a while dormant to let time pass and be able to sell shares after lockup.
that's what I thought...thanks!
$TNPH
When I looked into that old story it said some Asian billionaire tried to do a hostile takeover buyout of that company and that's when Simon left. We found like 10 deals and several high profile Asian partners he is involved with since then.
That article is more than 8 years old
??
Looks like a bunch of here-say. Typical corporate technique is to put an "individual" at fault for everyones failure. Not changing my opinion or position based on faceless accusations. Simple Simon is a global businessman. Its impossible to pump a ticker that has no news cycle...lol...maybe FB or twitter status updates would help.
Simon not keeping the books
up to date ....or at all?....share transfers? gd
" London Asia began unravelling in July 2007, with the shock departure of former chief executive Simon Littlewood.
The company's auditors have qualified its accounts for the last three years, citing a complete lack of audit evidence and internal controls.
London Asia did not publish its 2007 annual report until November 2009. It was de-listed from London's Alternative Investment Market in June 2008. The current directors have blamed Littlewood for the sorry state of London Asia's paperwork.
In the 2009 annual report, London Asia director Keith Negal alleged that, during 2007, GBP12 million of the fund's shares had been transferred into four newly formed companies in Hong Kong.
Last June, London Asia issued a Hong Kong High Court claim against Hong Kong-based Littlewood and his wife, Josee Lai Pat Fong, over the share transfers. "
https://www.scmp.com/article/736617/uk-fund-says-tycoon-trying-oust-board
TNPH is probably good for a pump....but I ain't trusting this Simon to not be dumping eventually.
not so sure about
Simon anymore....w...t....f:
https://www.ft.com/content/751cdc7c-2b0d-11e0-a65f-00144feab49a
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Simon Littlewood has nearly four decades’ experience founding, investing in, raising and structuring capital for, and advising businesses across a wide range of industry sectors, several of which he has taken to listingson stock markets worldwide.
Simon Littlewood is currently CEO of a China based Family Office, director of and advisor to various private equity funds globally, and director of and advisor to a number of private and listed companies around the world.
Known for his ground-breaking and innovative design of financial products and structures, and pioneering approach, Simon has worked in both developed and emerging markets, including Europe, America, Africa, the Middle East, SE Asia, & Latin America, with the last 18 years focusing on Greater China. Described by the Financial Times as “one of the most prolific investors in China”, he was among the earliest foreign investors into China, more recently focusing on bringing technology and businesses into China. He founded, raised funds for and managed one of the earliest international private equity funds focused on China, raising money from institutions, hedge funds and HNW’s, and built an investment bank which at the time was the number one sponsor of Chinese listings on the UK stock market, and had the largest foreign owned network of offices across China.
He previously worked in structured and corporate finance at HSBC Group in London;in corporate finance with BDO London doing some of the first flotations on the UK’s AIM Stock market; at clean technology investment bank Impax Capital; and the world’s largest accountancy firm, PwC.
He has significant experience in restructuring, finance, compliance, stock markets, tax, legal and accounting issues, cross border structures, and fund structures & management, accumulated over more than 30 years of business indifferent geographies and industry sectors.
Passionate about the planet and the people on it, he has been involved in environmental projects since the 1980s, has spoken at the UN Climate Conference in New York, the European Parliament, and advised on projects with the UN, IFC and UK Government. He has been involved in a number of food, health and education programs in the developing world, including co-founding and funding the then largest program for teaching English in the world. He is a regular speaker at conferences and events worldwide on investing, technology, asset management, sustainability, and China. He also has an advisory role in the European Union.
He took part in President Xi Jinping’s State Visit to the UK, signing an agreement with Oxford University for technology transfer to China.
He has appeared in a wide variety of financial publications including the Wall Street Journal, The Economist, The Financial Times, The Times, China Daily as well as on TV (CNBC, Bloomberg, CNN, CCTV).
Simon qualified as a Chartered Accountant (CPA equivalent) with PwC’sLondon office. He holds an Undergraduate and Masters Degree in Law from Oxford University, UK.
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