ShareProphets

The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Join ShareProphets at less than 2p per article

> All the big AIM fraud exposés

> 300 articles and podcasts a month

> Hot share tips

> Original investigations by our experienced team

> No ads, no click-bait, no auto-play videos

Find out more

ShareProphets China AIM 'Filthy Forty' update – 1 Geong, Geong & another now Gone edition

By ShareProphets | Tuesday 13 February 2018


 


Who's followed the likes of Geong International and co in 'Geong, Geong' and then Gone? Who's in the 'Geong, Geong' stage and what does the 'Filthy Forty' look like now?

Of the AIM-remaining 9 from our previous update, Alpha Returns Group (ARGP) - suspended pending a replacement Nomad (and cash) after ZAI Corporate Finance's disqualification, updated that “it will not be possible to appoint a nominated adviser within the timeframe provided under the AIM rules”. As such, it's been another 'Filthy Forty' AIM cancellation. Meanwhile we await further news from HaiKe Chemical Group (HAIK) - it having stated there “critically difficult market conditions” and that the directors “are exploring options for the future strategy of the company, including a cancellation from AIM and continuing as a private company”. The full tale of woe follows...

List Date Company IPO Price (p) Price (close 12/02/2018) Change since IPO Nomad & Broker 
02-Jul-04 RCG HLDGS LTD (RCG) cancelled - 08/07/2014 "best interests" Smith & Williamson
17-Dec-04 ALPHA RETURNS GRP PLC (ARGP) cancelled - 22/01/2018 NOMAD (ZAI) no longer authorised, no replacement Beaumont Cornish & Peterhouse
03-Aug-05 ASIAN CITRUS HLDGS (ACHL) cancelled - 29/03/2017 accounts not published  Cantor Fitzgerald
16-Dec-05 UNIVISION ENGINEERING (UVEL) 3 2p -33% SPARK & SI Capital
06-Feb-06 BODISEN BIOTECH INC (BODI) cancelled - 29/12/2014 accounts not published Charles Stanley
19-May-06 HUTCHISON CHINA MEDITECH (HCM) 275 4430p 1511% Panmure Gordon
23-Jun-06 GEONG INTERNATIONAL (GNG) cancelled - 02/11/2015 accounts not published & NOMAD resignation finnCap
26-Jun-06 ARC CAPITAL HLDGS LTD (ARCH) cancelled - 16/10/2015 NOMAD resignation Grant Thornton & Edmond de Rothschild
31-Jul-06 TINCI HOLDINGS (TNCI) cancelled - 23/01/2015 "best interests" Stockdale
05-Oct-06 ASIAN GROWTH PROPERTIES (AGP) cancelled - 20/12/2017 "best interests" Strand Hanson
23-Oct-06 LED INTL HLDGS LTD (LED) cancelled - 22/08/2016 accounts not published & NOMAD resignation Allenby
14-Dec-06 TAIHUA PLC (TAIH) cancelled - 08/05/2017 "best interests" WH Ireland
21-Dec-06 WALCOM GROUP LTD (WALG) 35 1p -97% Allenby
14-Feb-07 HAIKE CHEMICAL GROUP LTD (HAIK) 79.8 18.5p -77% Stockdale
10-Dec-07 CHINA FOOD COMPANY PLC (CFC) cancelled - 29/12/2014 accounts not published  finnCap & Numis
30-Sep-08 SORBIC INTL PLC (SORB) cancelled - 17/07/2015 NOMAD resignation  finnCap & Hybridan
14-Dec-09 ORIGO PARTNERS PLC (OPP)  50 1.4p -97% Smith & Williamson
09-Jun-10 NORTHWEST INVESTMENT GROUP LTD (NWIG) cancelled - 20/11/2017 NOMAD (ZAI) no longer authorised, no replacement  
06-Sep-10 ASIA CERAMICS HLDGS PLC (ACHP) cancelled - 29/03/2016 NOMAD resignation WH Ireland
12-Oct-10 GLOBAL LOCK SAFETY(INTL)GRP CO LTD (GLOK) cancelled - 19/05/2015 NOMAD resignation Allenby
01-Apr-11 EASTBRIDGE INVESTMENTS PLC (EBIV) cancelled - 12/07/2016 not fulfilled investing policy Northland & Peterhouse
23-May-11 CHINA NEW ENERGY LTD (CNEL) 7 1.5p -79% Cairn & Daniel Stewart
01-Aug-11 PEMBRIDGE RESOURCES PLC (PERE) cancelled - 21/08/2017 no deal complete, now Standard listing SPARK, SI Capital & Beaufort
31-Aug-11 MONEYSWAP PLC (SWAP) cancelled - 07/06/2017 "best interests" Allenby
02-Apr-12 AUHUA CLEAN ENERGY PLC (ACE) cancelled - 30/03/2016 NOMAD resignation Grant Thornton & WH Ireland
05-Apr-12 NAIBU GLOBAL INTL CO LTD (NBU) cancelled - 23/06/2015 NOMAD resignation  ZAI & Daniel Stewart
22-Jun-12 GLOBAL MARKET GROUP LTD (GMC) cancelled - 24/09/2015 NOMAD resignation Grant ThorntonStockdale
20-Aug-12 CHINA CHAINTEK UNITED CO LTD (CTEK) cancelled - 12/10/2015 NOMAD resignation ZAI
09-Nov-12 VMOTO LTD (VMT) cancelled - 19/11/2015 "best interests", now just on ASX finnCap
19-Dec-12 GREEN CHINA HLDGS (GCH) cancelled - 18/06/2014 "best interests" Cairn
24-Dec-12 CAMKIDS GROUP PLC (CAMK) cancelled - 30/10/2015 NOMAD resignation Allenby
02-May-13 ALL ASIA ASSET CAP LTD (AAA) 3 4p 33% Allenby
16-Oct-13 CHINA RERUN CHEMICAL GROUP LTD (CHRR) cancelled - 09/11/2015 NOMAD resignation Cairn & Beaufort
07-Nov-13 GOWIN NEW ENERGY GRP LTD (GWIN) cancelled - 30/03/2015 NOMAD resignation, now on NEX Exchange Cairn & Alexander David
09-Dec-13 JQW PLC (JQW) cancelled - 05/01/2016 NOMAD resignation Cairn
14-Jul-14 JIASEN INTL HLDGS LTD (JSI) cancelled - 28/02/2017 "best interests"  Cairn & Beaufort
01-Aug-14 GTS CHEMICAL HLDGS PLC (GTS) cancelled - 02/08/2016 "best interests" SP Angel
04-Dec-14 PCG ENTERTAINMENT PLC (PCGE) 30 0.30p -99% Allenby & Beaufort
03-Feb-15 AQUATIC FOODS GROUP PLC (AFG) cancelled - 29/12/2017 accounts not published SP Angel
10-Mar-15 GATE VENTURES PLC (GATE) cancelled - 23/07/2015 NOMAD resignation  Beaumont Cornish & Cornhill


Filed under:



This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.


Comments

Comments are turned off for this article.


Site by Everywhen