B.s.d Crown Share Discussion Threads

[moneyman18] 23/2/2016 12:52

YEP we have SO oversold this one

[moneyman18] 23/2/2016 12:04

Now I watch with interest

[waterloo01] 23/2/2016 11:58

And what about the other 18m shares? Guess Mr E thought he spotted a bargin with all that cash.......not. Guess Mr G is still in jail.

[grahamburn] 23/2/2016 11:46

Probably him:

[hotfinance14] 23/2/2016 11:27

Who is the guy that bought the shares ?

[m welsh] 23/2/2016 10:50

Released : 23/02/2016

BSD Crown Ltd. (LSE: BSD)

(the "Company")

Company Update

Ramat Gan, 23 February 2016

On 21 February 2016, the Company was notified that on 8 February 2016, Mr.
Perry Holzgraf Esculier had acquired 5,500,000 shares in the Company
(representing 5 per cent. of the voting rights in the Company). No further
information was provided by Mr. Esculier in such notification.

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

[waterloo01] 22/2/2016 16:56

However, the biggest money involved in the affair, allege ISA investigators, is some $55 million in banks in Azerbaijan and Austria by BGI, its Emblaze subsidiary, now known as BSD Crown, which is traded in London.
The money was recorded as being available as free cash, but the ISA suspects that it cannot be withdrawn because it was secretly put up as collateral against loans that Gurtovoy and/or Granovsky took. If so, it would violate rules on the use of money by a publicly traded company.
Before investing the in Grand Europa bonds, Gurtovoy had sought to get Willi-Food’s board’s approval to invest 20 million euros ($22.2 million) in a lingerie company based in Austria. But enough of the directors objected that the investment was never made.
Gurtovoy was little known in Israel before he bought control of BGI in July 2015, although he became an Israeli citizen in 1995. He does not have a criminal record. At a press conference at the time he took control of the group, Gurtovoy acknowledging knowing Granovsky for 12 years and doing business with him but dismissed rumors that the Granovsky was continuing to control the business or that the transaction was fictitious.

[cjohn] 22/2/2016 12:15

I took advantage of the recent spike to sell my shares. Too many other less risky opportunities.

regards to everybody and to anyone still holding, bset of luck.

The lesson I draw is that a large pile of cash - ie Emblaze before the Willi-Food purchase - will tend to attract dishonesty.

[moneyman18] 22/2/2016 12:05

I am now OUT

Best of luck to those that are still in

LATER BOYS enjoy your posting

Safer to invest in the GBP

[moneyman18] 19/2/2016 12:01

Surely these stories are NOT TRUE,

This has to be the reason

[plake] 19/2/2016 11:12

So MM18 why has the share price not crashed?

[moneyman18] 19/2/2016 11:04

BSD Crown Ltd. (LSE: BSD)

(the "Company")

Company Update

Ramat Gan, 19 February 2016

The Company hereby announced today that as a result of suspicions of certain
breaches of Israeli securities laws and criminal offenses, the Israel
Securities Authority ("ISA") initiated an investigation. The ISA conducted a
search on February 17, 2016 at the offices of the Company, and the offices of
its Parent Company, B.G.I Investments (1961) Ltd., and its subsidiaries
Willi-Food Investments Ltd. And G. Willi-Food International Ltd. (the "Group")
during which certain computers and other materials were seized by the ISA.
Similarly, a number of officers and directors within the Group are being
questioned by the ISA, and the chairman of our board of directors and the
indirect controlling shareholder of the Group, Mr. Gregory Gurtovoy, has been
detained

The Group is not a party to these proceedings. The Company will continue to
provide updates as mandated by law.

Enquiries:

Yossi Schneorson, CEO: [e-mail]



END

[moneyman18] 19/2/2016 09:38

This is the best RAMP they have ever done WOW just think if nothing is proved

[hotfinance14] 19/2/2016 09:15

What on earth next...yep we got the rns.

[waterloo01] 18/2/2016 19:37

Well you got out at a better price than I did. Must be an RNS tomorrow. I can't even remember how long I've held these (done some trading along the way) and I had a close shave re getting involved re the NED. I'm fascinated how this one plays out. I can think of a number of people involved over the years that I hope will suffer some pain/jail time.

[moneyman18] 18/2/2016 17:38

This guy was the one that made DANKA holders SUPER RICH (The Printer Company)

[landsker] 18/2/2016 17:37

i am out too, like jozz first time since the 90' s , its such a mess its going to take a long time to sort it out, this soap opera has finally just got too boring for me now, hell even eastenders has some positive episodes but his has just been one bad storyline after another

good luck to all remaining holders

[jozz] 18/2/2016 16:05

Well Enough was finally enough.

Im out totally.

Have held this from GIM days at sub £1.00 all the way up to the heady heights where I took most of the money off the table and then my residual holding through BLZ & BSD has sat and sat and sat.

The blip up to 25p was enough although I only got some out there with most at 24.5p

Seems weird as I havent not held since 1998.

Good luck for anyone still in.

I am going to stop looking at ADVFN every day for the first time since......

Luck to the Brave

Jozz

[waterloo01] 18/2/2016 10:56

lol. So Chairman arrested for fraud, cash likely gone and the share price goes up!. Maybe something came out of the case that is driving the SP? Neftalli the saviour (hard to believe).

[moneyman18] 18/2/2016 10:44

Friends in the right places ?


I did look at EMOZE any views on that product ?

[waterloo01] 18/2/2016 09:56

Yes but the story suggests it's also the WILC cash at stake, so if it's all been filtered off, there will be little/no cash.

[my retirement fund] 18/2/2016 09:53

We've no idea why the shareprice has risen and ultimately whom behind the huge change in shareholding in January

[choccywoccy] 18/2/2016 09:45

At the very least BSD shareholders will still own the stake in WILC though. They can't steal that (I don't think?)

[choccywoccy] 18/2/2016 09:41

Presumably it is still trading because the investigation is into BGI rather than BSD. I think BGI has been suspended in Tel Aviv. This is an interesting one. On the one hand control in BGI and thus BSD seems to be moving towards bond/minority investors which is unequivocally good news. On the other hand the ex controlling shareholders have just been arrested for moving money into dubious/fraudulent transfers. So how much is there left? Not one for the faint hearted. Still, it has been an interesting ride!

[waterloo01] 18/2/2016 09:34

Why is this still trading?