Baobab Resources Share Discussion Threads

[solonic] 03/3/2015 12:03

Erm, oh dear,..... BUT if you say things twice there is a faint possibility that a lesson will be learned? However, don't hold your breath......

[solonic] 03/3/2015 12:01

It must be very difficult for max, having made such a fool of himself over the years with his posts and additionally lost such a huge amount of money.

Normal people normally show some sort of sympathy even for truly arrogant twerps like max. So far, however, I see not an iota of compassion for him anywhere.......

[solonic] 03/3/2015 12:01

It must be very difficult for max, having made such a fool of himself over the years with his posts and additionally lost such a huge amount of money.

Normal people normally show some sort of sympathy even for truly arrogant twerps like max. So far, however, I see not an iota of compassion for him anywhere.......

[katylied] 03/3/2015 11:59

My question would be - Is BAO the only sector opportunity on AIM? For the resident obsessives, the answer may well be YES. However, in reality the answer is NO. So why go down with this particular ship? Why not just switch to something better that (for the time being anyway) remains listed? Many in this peer-group are also bombed-out, but not all are quite so disadvantaged as BAO (and most small-caps in Moz, because of the dire national infrastructure). In short, this 6p offer is an opportunity that BHR holders never got. Embrace it as the chance to do what you should have done months ago. Take your business elsewhere...

caveat emptor... DYOR

[nico9] 03/3/2015 11:56

so thats over 18 million shares they have got on the cheap!! They must be laughing!!

[wooster4] 03/3/2015 11:53

Any word from Kenny yet? Gove v quiet!

[max101] 03/3/2015 11:50

oh, i see even the pond life has slithered over from the sad boys thread...

[topicel] 03/3/2015 11:36

So deluded then, as we said!

But so is everyone who gets an investment wrong. The only sensible advice you made was to cut and run once the writing is on the wall, not hang on until zero...

Never easy that lesson. Hence why AIM exists. and bookies, casinos or fruit machines for that matter. greed, hope and fear added to innocence and not wishing to appear foolish just make the inevitable falls all the more sad.

nowt for it but to try and learn from it all. And kick BJ in the balls if you ever come across him. Tuckman knew at the AGM, and was part of the usual boiler rooms that inhabit these boards to keep PIs interested until their masters pull the plug.

a coward like him won't come on here with his 'I'll buy all the drinks routine" cos he's involved up to his neck and has done his job.

Topicel

[katylied] 03/3/2015 11:32

speaking of idiots... :o)

[katylied] 03/3/2015 11:19

Tuckman appears to have legged it as of 4th Feb. But yeah,
he is still manning the pumps on III, arguing that punters
should go down (delist) onboard the ship. So maybe not so
much in cahoots, rather just another idiot...

[solonic] 03/3/2015 11:05

They might get that for the whole company? max has never been wrong.

[kbrook] 03/3/2015 10:46

Top.... I see you have been giving Tuckman some stick on III, wonder why he has now chosen to ignore this board. Don't think he is cahoots though, if that were the case surely he would be telling everyone to sell. Deluded is probably more the case.

I think it's fairly unlikely that we will see Max's £1.50 - £2 now.

[topicel] 03/3/2015 10:37

Kb, if it wasn't on the cards at 30p Topslice, then it was when we were given a bridging loan.

Tuckman is in cahoots or deluded. Max is beyond that because he enjoys his wind-ups. Basically BJ had no skill set and couldn't do deals or see the bigger picture early enough. Many, including me, said as much ages ago. Also reminded folk that no company ever regains early exploration valuations.

So, yep, forget AIM. Even with divi companies boring is usually safe - credit crunches or Gulf of Mexico disasters aside! You and I, by the sounds of it, have no taste for this racket and consolidate what you have and get into FTSE 100. Even Tesco gave everyone a shock but no collapse now....

Topicel

[pete_bain] 03/3/2015 10:15

kb don't see kev or tuckman being offered anything special

risk is massive dilution post sell out


effin grrr

[offasdyke] 03/3/2015 09:55

I suspect that Redbird have forced management's hand in this. They can either go along with Redbird or end up going bust. The shareholders have been shafted and management can go home to their wives and say how well they are going to do. The rest of us will just have to grovel and try and explain this one away.

Maybe not relevant here but noticed that some shareholders in Lloyds TSB have attempted to take them to court for the following reasons. Maybe one of the bigger shareholders here might feel brave?

"A group of Lloyds TSB shareholders has successfully applied for a Group Litigation Order in the Chancery Division of the High Court. This order authorises them to advertise their litigation in the following terms:

On 22 August 2014, the High Court made a Group Litigation Order ('GLO') in respect of litigation that has been commenced by certain shareholders in Lloyds TSB Plc against a number of former directors and against Lloyds Banking Group. The action alleges that Lloyds TSB directors breached tortious and fiduciary duties owed to shareholders causing shareholders to suffer loss as a result of its acquisition of HBoS. Lloyds Banking Group denies these allegations and has made clear that it will defend the claim."

[kbrook] 03/3/2015 09:54

I think the nearer this gets to the vote date they may just offer a little more to secure the shares of those remaining so that in fact the vote is irrelevant. If not I'm hanging on for 6p. The only risk that I can see is that they don't get the 75% and that's not going to happen.

Same boat as you Peetle, tempted by a safe investment but FTSE is so high at the moment. It made all those gains whilst we were busy trusting our BOD and losing money here.

Whilst I'm pondering what to do if anyone has ,any companies worth a look at with little debt and making money, please let me know. The other criteria is that the BOD are trustworthy!

[peetle] 03/3/2015 09:22

The way things are going I suspect it won't need to go to a vote, you'll just have to say whether you're taking the offer or willing to hold unlisted shares and risk being diluted to nothing.I shall wait before making any decisions about the proceeds. Instincts tell me to shy away from any more AIM resource cos but I'm wary of blue chips with the indices at all time highs. I may opt for yield rather than potential capital growth. How dull is that?

[6kenny] 03/3/2015 09:18

On AIM bb's realists are only respected as realists after that which they have been saying for ages sometimes becomes a reality.

I'm just glad we are looking to get 6pps.

[6kenny] 03/3/2015 09:17

no worries boys....

[susiebe] 03/3/2015 08:34

yes seems odd that there are sellers at way under the 6p

Can someone just confirm that to get the 6p I have to hold for the full 28days and then vote in favour?
Or will the vote occur before the 28 days are up?

Proceeds going in somewhere like LLoyds

[kbrook] 03/3/2015 08:29

I also think that Tuckman and Kevin will be looked after by our board in the new company. They have enough shares and shown enough support that I think they will be ok. Hopefully they will anyway.

[wooster4] 03/3/2015 07:51

qip - I take it that was a tongue in cheek comment. Everything is being mopped up!