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Author Topic: GIJIMA  (Read 15783 times)

attuu

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GIJIMA
« on: December 02, 2014, 02:53:07 pm »
Hi guys,
Any thoughts / feelings about this company?
The wired thing is their Rights Offer is higher than their trading price

Would anyone take the risk to get more shares on this company at this stage?
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gcr

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Re: GIJIMA
« Reply #1 on: December 02, 2014, 03:13:36 pm »
Personally the way this company is run and the bad publicity they have gained from their failed installation I would not take up  let alone buy any of these shares. If you have access to historic sens notifications scroll through the sens announcements and then make a decision
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Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Junz

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Re: GIJIMA
« Reply #2 on: December 08, 2014, 11:04:21 am »
I am also concerned with this share , but I either take my losses and run or take up the right offer now.


Is there anyone who can tell me what the share price will be after the rights offer and share consolidation ?

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Nad_Inagap

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Re: GIJIMA
« Reply #3 on: December 10, 2014, 11:24:41 am »
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Junz

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Re: GIJIMA
« Reply #4 on: December 10, 2014, 12:42:07 pm »
I know who the underwriter is. ;D, im not the biggest fan , Im just thinking that would he put 100M off his own cash into a sinking business ?
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gcr

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Re: GIJIMA
« Reply #5 on: December 10, 2014, 03:45:55 pm »
Quote from: Junz on December 10, 2014, 12:42:07 pm
I know who the underwriter is. ;D, im not the biggest fan , Im just thinking that would he put 100M off his own cash into a sinking business ?
If he was so confident then why a rights issue, maybe he needs others to share some of his pain and that he doesn't have to put all his capital at risk. Certainly would have been cheaper to put the funds in himself now you have horrendous fees for the rights issue
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Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Junz

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Re: GIJIMA
« Reply #6 on: December 11, 2014, 07:55:26 am »
Good point gcr, Im stuck in this one though, too big of a loss not to take up the rights offer. im hoping it will go up by 0.0.1% and il jump ship, I just want to try and recoup my cash. maybe its a stupid idea taking up the offer but il have to wait and see
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gcr

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Re: GIJIMA
« Reply #7 on: December 11, 2014, 09:40:53 am »
Quote from: Junz on December 11, 2014, 07:55:26 am
Good point gcr, Im stuck in this one though, too big of a loss not to take up the rights offer. im hoping it will go up by 0.0.1% and il jump ship, I just want to try and recoup my cash. maybe its a stupid idea taking up the offer but il have to wait and see
Not sure how much your loss would be if you sold out, but maybe you could take the loss as a means to reducing your CGT liability. Losses are carried forward in terms of tax rulings so if you need to use the loss to your benefit
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Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Patrick

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Re: GIJIMA
« Reply #8 on: February 18, 2015, 01:13:29 pm »
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letlhogonolo

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Re: GIJIMA
« Reply #9 on: February 18, 2015, 01:50:37 pm »
I've certainly lost my shirt speculating on Gijima over the last few years. So good news for me.
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gcr

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Re: GIJIMA
« Reply #10 on: February 19, 2015, 12:20:12 am »
Quote from: Patrick on February 18, 2015, 01:13:29 pm
A few guys here called this one well...

http://www.fin24.com/Tech/Companies/Gijima-to-delist-from-JSE-20150218

So I see these guys are going the same route as Edcon, maybe they should speak to Edcon because they have experienced disaster after disaster since going private. Hope the benefactors of Gijima have deep pockets
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Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Patrick

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Re: GIJIMA
« Reply #11 on: April 16, 2015, 11:04:30 pm »
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