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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Cloudified Holdings Limited | CHL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 7.00 | 11:37:12 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 7.00 | 6.50 | 7.80 | 7.00 | 7.00 |
| Industry Sector |
|---|
| GENERAL FINANCIAL |
| Top Posts |
|---|
Posted at 29/8/2019 09:03 by abeygale Looks like Churchill was just unlucky in Indonesia. Indonesia is still a great place to invest according to this article.INDONESIA is fast becoming a favourite of foreign investors with the country receiving an all-time record high of US$29.3 billion in new foreign direct investment (FDI) in nearly 22,000 projects last year, a significant increase over the previous year. ............ Indonesia's rank in the World Bank's ease of doing business index has jumped by 48 positions in the past three years to 72nd position from 110 previously. President Widodo plans to accelerate this even further targeting rank 40 by 2024 when his term ends, he has revealed. hxxps://www.business |
Posted at 15/5/2019 20:15 by neo26 James'sStephen played investors here, it does look like he was drip feeding the market.It was he that was lying all along... |
Posted at 13/5/2019 22:33 by neo26 James'sI don't think it will happen, they wouldn't have released that announcement if they planned to do something. The administrators have said no chance to get anything for investors. It's over.. But what we can do is give negative publicity to Indonesia. |
Posted at 12/5/2019 20:23 by andy Jamie,Indeed they are very dangerous places, especially when people make authoritative posts leading less experienced investors into believing they know what they are talking about, when they clearly don't! "It is difficult to get a man to understand something, when his wealth depends on his not understanding it..." |
Posted at 12/4/2019 01:09 by jamie414 Andy,You are a good bloke and I wish you all the best in the future.We all got shafted here and anyone that wants to defend the mighty DQ needs a reality check. He let us down, and not from the Court Case he shafted the original investors.Due Diligence! GUILTY OF.How much has the great DQ had all these years?....Whilst we all lost out. |
Posted at 04/4/2019 16:35 by jack1236 JAKARTA-Indonesia for Global Justice (IGJ) welcomed Indonesia's victory over the IMFA. However, IGJ requested that the Indonesian Government not be unaware of Indonesia's victory over India Metal Ferro Alloys (IMFA) at the Permanent Court of Arbitration (PCA). This is because the potential of the IMFA to avoid the obligations stipulated in the PCA decision can occur.IGJ Executive Director, Rachmi Hertanti, explained that learning from the experience of the Churcill Mining lawsuit against Indonesia, there was an effort that the Annulment of the Awards petition against the ICSID verdict was one of the tricks to avoid the obligation to pay court fees ordered in the verdict. "It is true that the victory over the IMFA has prevented the State from losing US $ 469 million. But there is the fact that the submission of an annulment of the award is one of the strategies of losing investors to avoid the obligation that causes enforcement of the verdict not to be carried out. Churchill's case must be a lesson for the Indonesian Government, "Rachmi explained. Even though the Indonesian Government wins, the State will always be the defeated party. This is because multinational companies will continue to seek legal loopholes to avoid liability even though the court or arbitration has issued a verdict. "Including the refusal of Churchill's application for the Annulment of the Awards by ICSID does not mean that Churchill will easily pay its obligations in accordance with the Decision. If in the end the government forces to confiscate Churchill's assets or conduct MLA, there will still be diplomatic costs that must be issued by the Government, "Rachmi said. Rachmi again reminded that Indonesia still has the potential to be sued by foreign investors in international arbitration institutions. This is because the Indonesian International Trade and Investment Agreement still regulates the mechanism of the Investor-State Dispute Settlement (ISDS), which is a mechanism that gives investors the right to sue the state in international arbitration. "Although the Indonesian Government has stopped many Bilateral Investment Treaties (BIT), the rules for survival clauses in the agreement do not invalidate the right of foreign investors to sue for a period of typically 10 to 15 years since the BIT was terminated. In addition, the Indonesia-Singapore BIT and the Indonesia-Australia CEPA which have just been signed by the Indonesian Government reload the ISDS mechanism and will certainly open opportunities for investors to sue, "Rachmi said Especially in practice, many of the ISDS lawsuits are used by investors who do not have good intentions by using shoping nationality and shoping tax treaty. So that the increase in ISDS cases is also dominated by Frivolous claims that are detrimental to the state. "Responding to a lawsuit by an investor who is not in good faith will harm Indonesia and will only burden the state budget. So, the ISDS mechanism should have been avoided by Indonesia, "Rachmi added. Therefore IGJ urges the Indonesian Government not to forget the commitments that have been taken to avoid the ISDS mechanism and not to be regulated in Indonesia's international agreements, both BIT and FTA / CEPA. hxxp://www.beritamon |
Posted at 27/3/2019 15:26 by andy Neo,Thanks fotr posting that, it sums uo the decision succinctly. " The BIT legal system should balance the rights and obligations of investors and states and not apportion all of the consequences of third-party fraud to the investor and none to the state, especially after a valuable mineral resource has been de-risked for the benefit of the state.” The "investors" being referred to above are CHL and Planet Mining. |
Posted at 27/3/2019 15:14 by neo26 Clifford Chance partner Audley Sheppard QC, one of the lead counsel acting for Churchill in its annulment bid, says the outcome is “disappointing“The investors' failing was that when they bought their investment, they didn't notice that certain documents had been forged, notably with the assistance of local government officials. Indeed, the forgery was not raised until the hearing on jurisdiction, a year after the claim was filed. The BIT legal system should balance the rights and obligations of investors and states and not apportion all of the consequences of third-party fraud to the investor and none to the state, especially after a valuable mineral resource has been de-risked for the benefit of the state.” |
Posted at 20/3/2019 10:06 by neo26 AndyNot only pala, you have the two large indonesian investors and the indian investors, between them possible.Would they risk it?Will they challenge icsid bluff? DQ has been saying alot of new evidence has been uncovered lets see, he wont tell us the juicy bits will he....I think almost all of us are resigned to the inevitable. Just wait for the next rns... |
Posted at 08/3/2019 20:35 by neo26 my honest opinion, we all have been in this stock for some time.I truly believe that no oocs will be coming considering the amount investors and board expect. They are the state, roi have plenty of resources to continue delaying the case for as long as they want. Its been almost nine years, lets say we get annulment, the case begins again another 3 years and somehow we win, roi will still have chance to annul award, this is another 2.5 years, so in total another 5 years+. Extremely long time, expectations need to be lowered, if roi offer between 50p-100p bite their hands off. Notice the two indo investors who purchased at 40p, they havent topped up, its not a sure bet... but im hopeful we will pull it off. |
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