African Battery Metals Share Discussion Threads

[davidosh] 11/5/2014 23:11

Barnal....they are worthless. I promise you there is no surprise that I am aware of coming this way.

Zendik...Thank you I will watch out for it.

[zendik] 11/5/2014 22:26

David

I have messaged you as requested.

[barnal] 11/5/2014 21:56

I am sorry to ask but why would you buy shares.
I thought they were worthless ?

[davidosh] 11/5/2014 21:29

Zendik....excellent. You can contact me via the mellomeeting.co.uk website and I will mail the offer back to you with the details of my broker. All genuine.

[zendik] 11/5/2014 20:15

Yes David

How much per share are you offering? I have 94,819 shares.

[davidosh] 09/5/2014 08:37

Does anyone here actually have a shareholding in ABM as I would potentially be interested in buying your shares? I will only be prepared to pay a small amount but certainly better than nothing which is what shareholders will be getting and I would like about 120,000 if possible.

[albertedwin] 16/4/2014 15:34

macmoss - SADLY, WHEN THE ADMINISTRATION IS CONCLUDED, WITH NOTHING I STRONGLY SUSPECT, NOT EVEN THE "LIMITED VALUE" PREVIOUSLY ENVISAGED BY THE BOARD. HOW A PAWNBROKER'S BUSINESS OF ALL COMMERCIAL UNDERTAKINGS DURING THE RECENT ECONOMIC DOWNTURN COULD HAVE BEEN PERMITTED TO RUN SO GRIEVOUSLY AGROUND BEGGARS BELIEF HIGHLIGHTING INCOMPETENCE AND MISMANAGEMENT ON THE GRAND SCALE.

[macmoss] 16/4/2014 13:55

How does this affect share holders?

Financial Times: Promethean Investments has come to the rescue of troubled pawnbroker Albermarle & Bond and pulled it out of administration.

[buywell2] 16/4/2014 11:39

If only one could have seen it coming





buywell2 27 Apr'13 - 08:16 - 604 of 1151 0 0 edit

dell1234 provided this link, thanks



It seems a decent write up of events re the share price V the price of GOLD

Bottom line is that there is MASSIVE competition now re buying/selling GOLD in the high street

The share price of A&B have been heavily geared towards GOLD

HOWEVER

The price of GOLD could still go a lot lower from where it now sits



Sub $1000 for example chartwise is not impossible

Such a drop would take this share to circa 90p or less

Wii Mr market take a -ve or +ve forward view of a GOLD drop re A&B ..... we will see

Thus far it seems the answer is -ve










hvs 22 Apr'13 - 11:03 - 584 of 1226 0 0

I am a lender to anyone pawning their shares with me.

Please reply if you need ready cash.



buywell2 22 Apr'13 - 11:16 - 585 of 1226 0 0 edit

GOLD price drop is used as an excuse

Director sells were the true performance guide

[tyrell236] 14/4/2014 09:18

Good luck with CPR. That thing defies gravity!

[blippy2] 14/4/2014 07:59

RNS: "H&T Group PLC Termination of Talks". "On 7 April 2014, H&T Group plc ("H&T") announced that it had submitted a proposal to the administrators of Albemarle & Bond Holdings plc ("A&B") regarding a potential purchase of some of A&B's assets. H&T confirms that these discussions have now terminated."

Worth nowt.

[commander t] 28/3/2014 06:57

What is the boy plunger EK's next target? CPR?

[simon templar qc] 25/3/2014 16:26

Bad day for staff...

A statement from the joint administrators is below:
"Our priority is to keep all pledged items safe and available for redemption as normal. We plan to sell all or part of the business to protect as many jobs as possible and we have already paid, or will be paying all staff - including accrued bonuses - as normal in March. Also, all landlords have been paid. However, some redundancies may be necessary depending on the outcome of efforts to sell the business. Every branch will initially remain open as sale discussions progress. This also enables customers to continue to redeem their goods as normal as they pay off their loans.
The group and PwC are doing all that they can to support employees through this difficult time and will work with government agencies in order to support anyone affected by potential redundancies."

[taylor20] 25/3/2014 16:15

A curious situation as a large proportion of the pledge book technically is the property of the pawnor, until the expiry of the redemption date.

So I guess the shops will continue to 'trade' for another year to allow expiry of all the pledges?

Much better to flog the pledge book off wholesale to another player with experience of handling it...

Step in HAT?

[simon templar qc] 25/3/2014 12:16

Last one out of head office leave a not in the drawer like chancellor did "no more money left"!

[bad robot] 25/3/2014 12:12

Please switch the lights off.

R.I.P ABM you won't be missed

[commander t] 25/3/2014 06:38

ABM gets a brief mention 3.28m in

[ochs] 24/3/2014 14:24

Predicting this would most likely have no value to shareholders wasn't really especially hard, so not something to get too excited about.
Also EK doesn't write for Shareprophets - no doubt TW would like him to. Therefore they shouldn't really be claiming any credit here. It appears TW has a chat with EK every few days and then posts his thoughts on Shareprophets - something EK's current employer T1ps.com is presumably not too chuffed about based on TW's (infamous) history with that company...

[blippy2] 24/3/2014 13:45

"I think some traders routinely go long on their shorts."

I tried doing it once, with a happy result. The trick to it seems to be to wait until the thing is vastly oversold, and started to turn. There's some quick money to be made on a V-shaped recovery.

The thing about QPP (that's not the one I went long on, BTW) was that despite the accounting question marks, it wasn't under threat of bankruptcy, and at least had a good story. So there were potential investors that could still invest in it as a growth stock.

[napoleon 14th] 24/3/2014 12:59

NO SURPRISE.

[mister md] 24/3/2014 11:36

how much did he lose on his QPP shorts, or does that not get mentioned anymore ?