Jump to content


Photo
- - - - -

Aveng (AEG)...free lunch?!

Aveng AEG small cap construction

  • Please log in to reply
548 replies to this topic

#41 Tonyh199

Tonyh199

    Newbie

  • Members
  • Pip
  • 21 posts

Posted 16 February 2021 - 02:12 PM

Half year results due next Tuesday. There should be some good news assuming management wrote off all its claim skeletons in the 2020 figures.

Just hoping the stronger rand does not impact too much as most earnings are foreign. 


Edited by Tonyh199, 16 February 2021 - 02:13 PM.

  • 0

#42 AMG76

AMG76

    Member

  • Members
  • PipPip
  • 71 posts

Posted 15 February 2021 - 12:11 PM

For EE, you can phone in or email the trade desk, and they will complete your request. So NO, the markets not closed
  • 0

#43 Junz

Junz

    Newbie

  • Members
  • Pip
  • 4 posts

Posted 15 February 2021 - 11:59 AM

Is this share suspended ?

 

I cannot seem to buy it on the easy equities platform anymore


  • 0

#44 sommerso

sommerso

    Advanced Member

  • Members
  • PipPipPip
  • 208 posts
  • LocationCape Town

Posted 15 February 2021 - 11:32 AM

This morning I see aveng already has 16 million traded, bulk at 3cents. Am hoping for news soon on the rights issue again, as once that is completed, I think we will see some positive change.

For sommerso, or anyone else...
Also holding in greater volume
NUT
ASC
SNH
EUZ

Wish I had more cash flow for others, but those will need to wait abit

 

 

NUT

SNH

ORN

AEG

 

AEG and NUT are 500k and 1M shares. As funds become available I'll be topping them up. Long term gamble on these two 


  • 0

#45 AMG76

AMG76

    Member

  • Members
  • PipPip
  • 71 posts

Posted 15 February 2021 - 10:24 AM

This morning I see aveng already has 16 million traded, bulk at 3cents. Am hoping for news soon on the rights issue again, as once that is completed, I think we will see some positive change.

For sommerso, or anyone else...
Also holding in greater volume
NUT
ASC
SNH
EUZ

Wish I had more cash flow for others, but those will need to wait abit
  • 0

#46 sommerso

sommerso

    Advanced Member

  • Members
  • PipPipPip
  • 208 posts
  • LocationCape Town

Posted 15 February 2021 - 09:29 AM

 

 

I saw that and I'm happily invested in it now. :) AMG we seem to share similar holdings ... may it come to pass 


  • 0

#47 AMG76

AMG76

    Member

  • Members
  • PipPip
  • 71 posts

Posted 08 February 2021 - 02:15 PM

https://www.iol.co.z...53-8c1885347fd6
  • 0

#48 AMG76

AMG76

    Member

  • Members
  • PipPip
  • 71 posts

Posted 08 February 2021 - 12:27 PM

53million shares traded today so far, bulk at 3 cents from the looks of it.
Seems to be positive.
  • 0

#49 AMG76

AMG76

    Member

  • Members
  • PipPip
  • 71 posts

Posted 05 February 2021 - 04:06 PM

I see coronation have just decreased holding from about 11% to just over 9%.
  • 0

#50 Blackobar

Blackobar

    Member

  • Members
  • PipPip
  • 113 posts

Posted 03 February 2021 - 07:45 AM

I see we received notification late yesterday about Steyn Asset management now holding over 6% of the shares. Seems like other big institutions are believers in the turn around strategy currently


I remember after they first announced the upcoming rights issue, either Goldman Sachs or JP Morgan acquired more equity, these institutional investors get more insight on the business than us, always.
  • 0

#51 AMG76

AMG76

    Member

  • Members
  • PipPip
  • 71 posts

Posted 03 February 2021 - 07:34 AM

I see we received notification late yesterday about Steyn Asset management now holding over 6% of the shares. Seems like other big institutions are believers in the turn around strategy currently
  • 0

#52 Tonyh199

Tonyh199

    Newbie

  • Members
  • Pip
  • 21 posts

Posted 29 January 2021 - 02:08 PM

Aveng rights offer has been delayed as per sens at 4pm today.....most likely by about 1 month.

This is their reason:  Contrary to Aveng's expectation, the related transaction

documents in relation to the debt restructuring have not gone fully unconditional. Consequently, the
Rights Offer is not unconditional at this time.

This management is a joke , surely you make sure all conditions are met before making announcements of this magnitude?

 


  • 0

#53 AMG76

AMG76

    Member

  • Members
  • PipPip
  • 71 posts

Posted 29 January 2021 - 09:36 AM

Anyone know anything about the massive number of shares, apparently bought, late yesterday?
  • 0

#54 AMG76

AMG76

    Member

  • Members
  • PipPip
  • 71 posts

Posted 28 January 2021 - 11:00 PM

Aveng rights offer has been delayed as per sens at 4pm today.....most likely by about 1 month.
  • 0

#55 CowboyTrader

CowboyTrader

    Newbie

  • Members
  • Pip
  • 15 posts

Posted 27 January 2021 - 09:24 AM

I would really be interested to know where some of you are with your average price.
Mine is about 2.4cents now.

I sold out earlier this week. Gatvol of empty promises. Been holding for almost 3 years. Was able to load some off at 4c earlier last year, but still took a knock at 2c. Will invest somewhere else, maybe top-up on ASC...


  • 0

#56 Daytrader01

Daytrader01

    Newbie

  • Members
  • Pip
  • 25 posts

Posted 27 January 2021 - 09:18 AM

What will the share value be after the rights offer? I think im F with this one
  • 0

#57 AMG76

AMG76

    Member

  • Members
  • PipPip
  • 71 posts

Posted 26 January 2021 - 06:31 PM

I would really be interested to know where some of you are with your average price.
Mine is about 2.4cents now.
  • 0

#58 Zanme

Zanme

    Member

  • Members
  • PipPip
  • 163 posts

Posted 26 January 2021 - 06:04 PM

Yes. It has just come out now.


Does anyone understand how they using R300 million to settle 1 billion of debt. Where did this debt come from because when they did the last rights issue they converted a lot of debt into shares and also raised R400 million. Im still in this but this management team are the biggest crooks around. I can't understand how the JSE never challenges these things.
  • 0

#59 AMG76

AMG76

    Member

  • Members
  • PipPip
  • 71 posts

Posted 26 January 2021 - 04:03 PM

Yes. It has just come out now.
  • 0

#60 Daytrader01

Daytrader01

    Newbie

  • Members
  • Pip
  • 25 posts

Posted 26 January 2021 - 03:59 PM

So the SENS is out about the rights offer at 1.5c. 103.12203 shares per 100 owned
  • 0





Sponsored by Sharenet and VPSNine Linux VPS Hosting