Legion Group Share Discussion Threads

[lecks17] 21/9/2012 12:20

link to creditors report

[lecks17] 21/9/2012 12:13

link to creditors report

[osammyboy2] 23/12/2011 13:30

Agreed Stegrego. Absolutely scandalous

[stegrego] 23/12/2011 07:34

In one of the incidents, an unnamed company - believed by The Daily Telegraph to be Legion Group, a manned guarding company which went into administration in August 2010 - saw debt increase by 40pc due to a large acquisition, leading the directors to issue a short-term working capital loan to the company.
But the stock exchange announcement which telegraphed news of the loan failed to mention it was the result of "unexpected changes in its banking facilities" which had left it unable to fund some of its payroll. Shares in the company rose by more than 80pc following a later statement in which it said it was trading in line with expectations and due to a strong order book.
Within two weeks of that statement, the company's shares were suspended, and it went into administration a week later.




Indeed and they should bloody sue the directors too as it was totally out of order and fraudulent, the whole episode.

[lecks17] 08/8/2011 21:27

stegrego
got your email from last time you can delete it
will scan and send you it tomorrow

[stegrego] 08/8/2011 19:51

Hi, yes please.

EDIT Thanks

He should be doing a stretch for the way this happened....

[lecks17] 08/8/2011 16:37

stegrego
got the next installment of the liquidation report do you want me to email you a copy again ?
looks like Higgins has been reported and won't get his money
lecks

[lecks17] 02/10/2010 13:05

yep and as usual they will get away with it
The share holders screwed again

[lecks17] 29/9/2010 22:16

stegrego
no problem will send it tomorrow
you can edit your email off
lecks

[stegrego] 29/9/2010 22:10

Id be very grateful if its not too much bother.

Dont bother if its a big job though.

Thanks

[lecks17] 29/9/2010 21:26

stegrego no its only a paper copy but if you wont i can scan it tomorrow and email you a copy

[stegrego] 29/9/2010 20:16

Do you have a link?

[lecks17] 29/9/2010 20:07

anyone read the administrators report on how useless the directors were
laugh it makes you cry

[jashunter] 17/8/2010 21:53

Business and assets bought by OCS Group UK Limited. See posting by Stillster of 16.19 on LSE website of today. I doubt if there will be anything in it for shareholders. Well and truly misled by Management!!!!!!!!!!!!

[only1buster] 12/8/2010 08:19

the undue haste in which the company assets were sold off beggers belief - a company with 60 million turnover regarded as of no value to any other company is IMOP bordering on fraudulant - how many companies were approached i and all shareholders would like to know - on the face of it it seems as usual shareholders have been very badly let down

[robtre] 07/8/2010 17:41

i shall be asking if there were any personal guarantees for the loan repaid early.

[knowing] 06/8/2010 20:07

Is the Director here the same as in IQH?

[lufc5] 06/8/2010 17:59

I believe there are parts of the bus' that will get swallowed up(prob' on the cheap) but there will be survivors in this.
Hey I had a few INCA GOLD....... Yeh thought that'd give you all a laugh......

Good luck for the future.

Lufc5

[watchout2] 06/8/2010 17:50

2800 jobs, lets hope they dont lose out !

[watchout2] 06/8/2010 17:48

I want to see Amazon Woman apologise for a shocking one day pump
and dump with this one !

The chances are nil but it would be nice to be suprised !