Wednesday 24 June 2009

Commercial Group Properties vanish from Stock Exchange

The China Gateway development is one of the most important projects in Thanet, it doesn’t much matter if you are for or against it or like me have serious reservations about the way it is laid out on the drinking water supply, most interested Thanet residents probably want to keep an eye on it’s progress.

I periodically check its share price on The London Stock Exchange website, about ten days ago it just vanished form there, I am not sure what this signifies if anything.

I also noticed this announcement that doesn’t appear on the companies website.

“Substantial Shareholding

The Company were informed on 18 June 2009 that as at 28 May 2009 funds under the discretionary management of Laxey Partners Limited on behalf of Credit Suisse Client Nominees UK Ltd and Vidacos Nominees Limited hold 4,817,343 ordinary shares in the Company representing a holding of 22.94% of the Company's issued share capital and voting rights.”

Nothing unusual in the announcement, what is unusual is it not appearing here http://www.commercialgroupproperties.co.uk/ if you look at the share site performance graph on their homepage you can see everything stops about ten days ago and if you click on the graph it is supposed to take you to where they appear on the Stock Exchange website.

Thanks to Derrick I have also discovered their new website which is interesting click on the link to go there http://www.chinagatewayinfo.com
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5 comments:

  1. derick97June 24, 2009 12:19 pm

    try here mike
    http://www.google.co.uk/finance?q=LON:CMGP

    ReplyDelete
  2. Michael ChildJune 24, 2009 1:25 pm

    Derrick the info there is derived like the info elsewhere from the stock exchange and just stops after the 15th.

    ReplyDelete
  3. derick97June 24, 2009 3:30 pm

    they have got a new website
    http://www.chinagatewayinfo.com/

    ReplyDelete
  4. Michael ChildJune 24, 2009 3:42 pm

    Thanks Derrick I will put the link on this post in a mo it also has a contact email address so I have emailed them to ask them if they are still trading and where their share price can be found.

    ReplyDelete
  5. Bertie BigglesJune 25, 2009 10:48 pm

    Michael, the name change was presumably decided today at an EGM as Mr Wills and Seymour-Prosser have 66% of shares, so CGP becomes China gateway International tomorrow! Shares today at 16.5p!

    ReplyDelete

Comments, since I started writing this blog in 2007 the way the internet works has changed a lot, comments and dialogue here were once viable in an open and anonymous sense. Now if you comment here I will only allow the comment if it seems to make sense and be related to what the post is about. I link the majority of my posts to the main local Facebook groups and to my Facebook account, “Michael Child” I guess the main Ramsgate Facebook group is We Love Ramsgate. For the most part the comments and dialogue related to the posts here goes on there. As for the rest of it, well this blog handles images better than Facebook, which is why I don’t post directly to my Facebook account, although if I take a lot of photos I am so lazy that I paste them directly from my camera card to my bookshop website and put a link on this blog.

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