B.s.d Crown Share Discussion Threads

[waterloo01] 29/12/2015 11:14

Why on earth they have put the cash into junk status banks is beyond me. More incompetence

[my retirement fund] 29/12/2015 10:31

Are they preparing the road ahead to tell everyone a large portion of the cash has been lost?

[waterloo01] 29/12/2015 09:36

Umm. Not sure I like where the cash is held. At least it's in Dollars

[waterloo01] 24/12/2015 09:34

Does this free the share up/underpin price? Limits what Gurtovoy can do with the company (good thing?). Also makes it more likely that they will find a way to free up the cash as a divi (he retains ownership and as such any dividends).

Note:

"Unless otherwise agreed upon and/or determined by way of a binding court ruling, BGI and BG Alpha will be able to sell the Company Shares, in whole or in part, and the Trustee will be required fully and immediately to co-operate in the necessary fashion to effect this, provided always that (i) the price of the proposed sale is not less than the average share price of the Company for the preceding 30 days trading and (ii) the net consideration received from the sale is directly transferred to the account of the Trustee and used to repay the Secured Amounts.

[hotfinance14] 18/12/2015 15:37

What has pushed the share price north over the last few days ?

[waterloo01] 11/12/2015 11:13

CJohn received and replied.

[cjohn] 11/12/2015 10:54

Hi Waterloo,

I've sent you a private message in reply. Please let me know if it didn't arrive. There seemed to be some problem at ADVFN.


CJohn

[m welsh] 09/12/2015 10:46

RESIGNATION OF JOINT CEO, CFO AND COMPANY SECRETARY


Released : 08/12/2015

B.S.D CROWN Ltd (LSE:BSD)

(the "Company")

Resignation of Joint CEO, CFO and Company Secretary

Ramat Gan, Israel, 8 December 2015

The Company announces today that, with immediate effect, Emil Budilovsky will
be stepping down as Joint CEO, CFO and Company Secretary of the Company. Mr
Budilovsky has also resigned from the board of directors of the Company. Mr
Budilovsky will remain as Vice-President for Business Development.

Israel Jossef Schneorson ("Yossi"), until today the Joint CEO of the Company
with Mr Budilovsky, will now be the sole CEO of the Company. All financial
functions undertaken by Mr Budilovsky will be met by existing members of the
finance department of the Company, led by the Company's financial controller,
Moran Attar.

Enquiries:
Yossi Schneorson, CEO: [e-mail]

[waterloo01] 08/12/2015 17:10

And on the merry-go-round goes, where it stops nobody knows!

[waterloo01] 06/12/2015 11:50

Cjohn, now there's a thought! I have a feeling Schroders are behind this in some way as I think they need their votes to get it through and suspect Andy B is giving them a hard time (at least I hope he is!)

[cjohn] 06/12/2015 11:32

re NED appointment, I have no idea what the delay is for. If the company was based in UK, minority shareholders could think about nominating someone like Sladdjo (or even myself) for the position.

It would be helpful to have soemone to represent minority shareholders amidst all the various wheelings and dealings.

[waterloo01] 04/12/2015 12:18

Cheers for the analysis. Willi's really screwed us over so despite the cost, better they go. Any thoughts on what or whom is holding up the NED appointment?

[cjohn] 04/12/2015 12:05

The nine months results show a similar pattern to the half-year. The company is breaking even at an operational level and pre and post tax.

Earlier in the year there was a major write down of goodwill which means overall the company has made a significant loss. However, this doesn't need to worry holders, most of whom are here because of BSD's marked discount to tangible assets. Tangible asset value hasn't shifted significantly, in line with the neutral operational profit result.

The good news is that there has been positive operational cash flow in the first three quarters, some $6.8m. Two thirds of this is down to a release of cash from working capital - which I'm supposing - reflects the subdued trading.

All in all, very unremarkable, but not negative at least.

(Saying goodbye to the Williger brothers - recent RNS - in my view is positive. But happy to hear from the contrary view.)

[waterloo01] 03/12/2015 16:01

Behind the rise?

Mega hopes to pay suppliers NIS 70-100 million tomorrow in order to ensure the continued supply of goods to its outlets.

[my retirement fund] 02/12/2015 15:27

willi food seems solid enough

[waterloo01] 01/12/2015 17:38

Sladdjo have you had a glance at the Q3 report? Anything that might cause the drop today?

[moneyman18] 01/12/2015 13:36

And the news headlines say that they SWING into PROFITS

You can't make this share price UP

Dollar at HIGHS and cash in Dollars

What can we not see that everyone else does ?

[landsker] 01/12/2015 13:03

you could get 17p yesterday and now you can get 15p

nothing much has changed really has it, its just slightly more sh1t than it was

[moneyman18] 01/12/2015 10:02

Those who sold short options are popping the corks another GOOD CHRISTMAS

Well done guys who would have thought that was possible



Any views to the HOW low this is going ??

considering ex LARGE BLZ holders got paid 75p a share

[moneyman18] 01/12/2015 09:45

Was that 50 million to make 500 dollars ?

[waterloo01] 26/11/2015 17:36

So who's pulling who's chain er the non exec appointment. What's going to break the log jam? Answers on a postcard.

[waterloo01] 25/11/2015 16:29

Some big trades?