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Post by Mortgagehound on Apr 2, 2024 10:46:50 GMT 1
Am I correct in thinking that only shareholders would be allowed to attend the AGM this month?
Given the latest set of Accounts there is a mountain of questions that should be asked at the AGM.
Are there any shareholders on this board who will be attending the AGM?
Should we have a list of questions that a shareholder could ask?
Does anyone know how one would be able to buy some shares (if only to attend the AGM)
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Post by barrynic on Apr 2, 2024 10:50:13 GMT 1
I would be willing to buy if available.
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Post by hectord0g137 on Apr 2, 2024 10:51:34 GMT 1
Me too.
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Post by Mortgagehound on Apr 2, 2024 11:06:10 GMT 1
I think this is a case for Mr Northwestman
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Post by darkshrew on Apr 2, 2024 11:20:53 GMT 1
I’d buy shares too - would Roland dilute his ownership though ?
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Post by gainsparkshrew on Apr 2, 2024 11:27:32 GMT 1
Question is,are there any shares still available to purch ase. There are 1,010,513 issued shares of which Roland owns 776'000 but there is nothing as to availability Your best phoning the club and asking if there are any available .The shares are valued at £2.50 each
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Post by Pilch on Apr 2, 2024 12:22:50 GMT 1
Question is,are there any shares still available to purch ase. There are 1,010,513 issued shares of which Roland owns 776'000 but there is nothing as to availability Your best phoning the club and asking if there are any available .The shares are valued at £2.50 each we are a private limited company, you'll need to buy them privately off a shareholder, I was going to buy some of a mate ( fan ) but we fell out as he said he would still want to attend games with me after the sale
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Post by gainsparkshrew on Apr 2, 2024 13:12:05 GMT 1
Question is,are there any shares still available to purch ase. There are 1,010,513 issued shares of which Roland owns 776'000 but there is nothing as to availability Your best phoning the club and asking if there are any available .The shares are valued at £2.50 each we are a private limited company, you'll need to buy them privately off a shareholder, I was going to buy some of a mate ( fan ) but we fell out as he said he would still want to attend games with me after the sale Yes we are a private limited company which doesn't mean that you can't buy shares.co You have to ask the company, in our case the club, if there are shares available to purchase or are the company fully subscribed. As we have 1,010,513 issued shares I would imagine that there are still shares available otherwise they probably would have closed the book at dead on one million shares. There are more than a thousand shareholders.in the club, they are named with the number of shares that they own in the annual return to companies house. How do you think they bought their shares?
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Post by Pilch on Apr 2, 2024 13:23:45 GMT 1
we are a private limited company, you'll need to buy them privately off a shareholder, I was going to buy some of a mate ( fan ) but we fell out as he said he would still want to attend games with me after the sale Yes we are a private limited company which doesn't mean that you can't buy shares.co You have to ask the company, in our case the club, if there are shares available to purchase or are the company fully subscribed. As we have 1,010,513 issued shares I would imagine that there are still shares available otherwise they probably would have closed the book at dead on one million shares. There are more than a thousand shareholders.in the club, they are named with the number of shares that they own in the annual return to companies house. How do you think they bought their shares? ive always thought £2.50 is well under valued, my suggestion would be to look at the list and pick on someone who spends most of the time demanding the chairman sells his , get them to sell theirs instead ;-)
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Post by gainsparkshrew on Apr 2, 2024 13:46:57 GMT 1
Thats what the club set them at. If the Chairman sells up the buyer is legally obligated to make an offer for all 100% of the shares,as the Chairman owns over 75% of the business. Therefore a huge financial killing could be made. Put it simply, club is sold for £13 million which is our current nett worth, one million shares in circulation means each share is worth £13. You paid £2.50 for each share !..profit £10.50p per share! Why do you think the chairman has 776,000 shares?...it's not out of the goodness of his heart he's played the long game and that's why he is a self made man
He could have earned more year by year by leaving his money in a building society and getting interest but by building a mammoth shareholding in the club he has ensured that when he sells up or whoever inherits his shares sell up then a multi million pound profit will be made
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Post by tarporleyblue on Apr 2, 2024 14:07:31 GMT 1
There is a long list of shareholders, as listed on the most recent confirmation statement.
Out of interest, how long ago now is it when shares were offered in the club?
I'm thinking it's 20+ years ago but I may be wrong.
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Post by pughywasfree on Apr 2, 2024 14:40:03 GMT 1
When is the AGM? Been too long already that the club have not responded to the accounts. We need reassures on what is being done to get some cash in the bank.
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Post by suttonshrew on Apr 2, 2024 14:56:17 GMT 1
yeah id buy, but id say it probably unlikely the chairman would want to sell in small qty if hes looking to sell a major shareholding.
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Post by gainsparkshrew on Apr 2, 2024 15:42:39 GMT 1
yeah id buy, but id say it probably unlikely the chairman would want to sell in small qty if hes looking to sell a major shareholding. If you look on the confirmation statement that is with the club accounts on gov.uk, you will see that a lot of people only own 10 shares. Therefore they have only invested £25. It's absolutely nothing to do with the Chairman as to whether you buy shares or not, it's your decision your not buying them off the Chairman plus whether there are shares available for you to buy. All I can do is to urge you to phone up and ask, it's that easy. To be honest I never realised so many people had so little idea about buying and selling shares, I'm happy to help but please be advised that if , for example, the club went bust then your investment is worthless and you would lose your money
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Post by ThrobsBlackHat on Apr 2, 2024 17:02:49 GMT 1
yeah id buy, but id say it probably unlikely the chairman would want to sell in small qty if hes looking to sell a major shareholding. If you look on the confirmation statement that is with the club accounts on gov.uk, you will see that a lot of people only own 10 shares. Therefore they have only invested £25. It's absolutely nothing to do with the Chairman as to whether you buy shares or not, it's your decision your not buying them off the Chairman plus whether there are shares available for you to buy. All I can do is to urge you to phone up and ask, it's that easy. To be honest I never realised so many people had so little idea about buying and selling shares, I'm happy to help but please be advised that if , for example, the club went bust then your investment is worthless and you would lose your money I'd argue your investment is worthless anyway given it doesn't show a dividend, doesn't increase in value and doesn't give you voting rights.
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Post by cabanas2017 on Apr 2, 2024 17:09:22 GMT 1
If you look on the confirmation statement that is with the club accounts on gov.uk, you will see that a lot of people only own 10 shares. Therefore they have only invested £25. It's absolutely nothing to do with the Chairman as to whether you buy shares or not, it's your decision your not buying them off the Chairman plus whether there are shares available for you to buy. All I can do is to urge you to phone up and ask, it's that easy. To be honest I never realised so many people had so little idea about buying and selling shares, I'm happy to help but please be advised that if , for example, the club went bust then your investment is worthless and you would lose your money I'd argue your investment is worthless anyway given it doesn't show a dividend, doesn't increase in value and doesn't give you voting rights. Does give access to the AGM and first hand information though…
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Post by Pilch on Apr 2, 2024 17:15:39 GMT 1
I'd argue your investment is worthless anyway given it doesn't show a dividend, doesn't increase in value and doesn't give you voting rights. Does give access to the AGM and first hand information though… you wont find anything new out though will you ?, its just an opportunity for some to shout and scream at the club in person like as if it will make a difference to anything
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Post by cabanas2017 on Apr 2, 2024 17:18:19 GMT 1
Does give access to the AGM and first hand information though… you wont find anything new out though will you ?, its just an opportunity for some to shout and scream at the club in person like as if it will make a difference to anything You mean the club will remain selective with their information… then yes certain supporters may well display their displeasure to put it mildly
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Post by Pilch on Apr 2, 2024 17:29:44 GMT 1
you wont find anything new out though will you ?, its just an opportunity for some to shout and scream at the club in person like as if it will make a difference to anything You mean the club will remain selective with their information… then yes certain supporters may well display their displeasure to put it mildly yes, thats why its called the Annual General Moan
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Post by suttonshrew on Apr 2, 2024 17:33:47 GMT 1
yeah id buy, but id say it probably unlikely the chairman would want to sell in small qty if hes looking to sell a major shareholding. If you look on the confirmation statement that is with the club accounts on gov.uk, you will see that a lot of people only own 10 shares. Therefore they have only invested £25. It's absolutely nothing to do with the Chairman as to whether you buy shares or not, it's your decision your not buying them off the Chairman plus whether there are shares available for you to buy. All I can do is to urge you to phone up and ask, it's that easy. To be honest I never realised so many people had so little idea about buying and selling shares, I'm happy to help but please be advised that if , for example, the club went bust then your investment is worthless and you would lose your money I’ve asked in the past to buy and always been told there are none available My guess is all the small amounts are from when we last sold shares to buy Spencer Whelan if I remember right.
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Post by suttonshrew on Apr 2, 2024 17:34:59 GMT 1
I’ll add, for me it’s not about worth, it’s about owning part of the club I love, but due to that it wouldn’t be a huge investment 😂
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Post by ThrobsBlackHat on Apr 2, 2024 18:31:27 GMT 1
I'd argue your investment is worthless anyway given it doesn't show a dividend, doesn't increase in value and doesn't give you voting rights. Does give access to the AGM and first hand information though… As I said, worthless 😂😂😂
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Post by LetchworthShrew on Apr 2, 2024 19:18:40 GMT 1
If you look on the confirmation statement that is with the club accounts on gov.uk, you will see that a lot of people only own 10 shares. Therefore they have only invested £25. It's absolutely nothing to do with the Chairman as to whether you buy shares or not, it's your decision your not buying them off the Chairman plus whether there are shares available for you to buy. All I can do is to urge you to phone up and ask, it's that easy. To be honest I never realised so many people had so little idea about buying and selling shares, I'm happy to help but please be advised that if , for example, the club went bust then your investment is worthless and you would lose your money I’ve asked in the past to buy and always been told there are none available My guess is all the small amounts are from when we last sold shares to buy Spencer Whelan if I remember right. Yeh that's when I chipped in £250 for him Not going as now in exile but I think someone posted in the accounts thread to asking if anyone had questions to let them know.
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Post by tarporleyblue on Apr 2, 2024 19:32:40 GMT 1
I’ve asked in the past to buy and always been told there are none available My guess is all the small amounts are from when we last sold shares to buy Spencer Whelan if I remember right. Yeh that's when I chipped in £250 for him Not going as now in exile but I think someone posted in the accounts thread to asking if anyone had questions to let them know. dibblydobbly was offering to take questions to the AGM as he is a shareholder. Thanks too for confirming when the last share issue was, I thought it was about then.
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Post by gainsparkshrew on Apr 2, 2024 20:20:19 GMT 1
If you look on the confirmation statement that is with the club accounts on gov.uk, you will see that a lot of people only own 10 shares. Therefore they have only invested £25. It's absolutely nothing to do with the Chairman as to whether you buy shares or not, it's your decision your not buying them off the Chairman plus whether there are shares available for you to buy. All I can do is to urge you to phone up and ask, it's that easy. To be honest I never realised so many people had so little idea about buying and selling shares, I'm happy to help but please be advised that if , for example, the club went bust then your investment is worthless and you would lose your money I'd argue your investment is worthless anyway given it doesn't show a dividend, doesn't increase in value and doesn't give you voting rights. You're right with points 1 & 2 but you do have one vote per share owned. However it's pretty pointless when one man owns over 75% of the shares As always what the Chairman wants the Chairman gets, including the "right" to vote out any request for any information and any vote of no confidence. I bought a 100 shares many decades ago but sold them back to the club after 10 years. I bought them because it made me feel part of the club but I decided that I wanted to make some money on my investment not just feel good about mysel
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Beefy
Midland League Division Two
Posts: 207
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Post by Beefy on Apr 3, 2024 20:19:02 GMT 1
Looking at that list I’m the 24th biggest shareholder in the club 😂😂
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Post by Pilch on Apr 3, 2024 23:17:18 GMT 1
Looking at that list I’m the 24th biggest shareholder in the club 😂😂 if I offered you less than the going rate and demand you never come to a game again would you be ok selling them to me ?
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Post by davycrockett on Apr 4, 2024 12:06:20 GMT 1
I’ll add, for me it’s not about worth, it’s about owning part of the club I love, but due to that it wouldn’t be a huge investment 😂 What about helping out with wages when times were hard?
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Post by tarporleyblue on Apr 4, 2024 12:37:04 GMT 1
Looking at that list I’m the 24th biggest shareholder in the club 😂😂 Perhaps you could lead a consortium to buy the club?
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Post by belfastshrew on Apr 4, 2024 17:56:09 GMT 1
Looking at that list I’m the 24th biggest shareholder in the club 😂😂 Perhaps you could lead a consortium to buy the club? Wasn't that what Wrexham did? Lotta good that was huh. No thanks!
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