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CHL Cloudified Holdings Limited

37.75
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cloudified Holdings Limited LSE:CHL London Ordinary Share VGG3338A1158 ORD NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 37.75 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 4.57M 1.49M 0.2821 1.34 1.99M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 37.75 GBX

Cloudified (CHL) Latest News

Cloudified (CHL) Discussions and Chat

Cloudified Forums and Chat

Date Time Title Posts
16/1/202411:17Churchill Mining41,031
02/9/201916:41Churchill Mining16,154
01/5/201907:33the bungle in the jungle54
30/4/201923:25NEVER CATCH A FALLING KNIFE17
30/4/201923:25mc4

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Posted at 18/12/2019 17:46 by andy
abeygale,


LOL!


I would like to take the opportunity to wish everyone that posted here on the CHL thread a wonderful Xmas, and a healthy and prosperous New Year.
Posted at 05/11/2019 15:24 by neo26
Well i hope all those involved in this scam burn in hell.

Still dont know if Mazak still lives in Indonesia.

Just hope he wasnt involved. Chl shareholders were cheated.

Imho
Posted at 25/10/2019 09:45 by cool hand kev
I'm recouping my losses at EUA Just thought that I'd like to share the news and give other people the opportunity. Sorry I didn't tell you at 0.5p when the news broke
SP target 5p
Posted at 22/9/2019 23:42 by andy
Stephen,


To be fair he did his best for CHL, in my opinion at least.


He worked for free for CHL, and tried to fight a system that favoured the ROI.


I do not begrudge him his new position, I hope he does well with his new company personally, I found him likeable and honest.
Posted at 30/8/2019 07:21 by andy
I wonder how close this site is to the former CHL project area?
Posted at 23/5/2019 11:05 by valtos
Just got the delisting of my CHL shares from my online Barclays Smart investor account. RIP CHL
Posted at 25/4/2019 05:48 by jamie414
My predictions on Feb 6th clarified by some i P.M.Draft result sent to parties feb 2nd, with 18 Feb deadline for Amendments to be sent to ICSID.4th March Amended documents sent to parties for perusal.18th March publish Committee decision, or W/C.From Day 1 of the award I have said, Precedents set in Stone by this award are far too onerous for the award to stand, ICSID Arbitration would become totally unworkable. The original Tribunal were erroneous on 2 aspects which ICSID own rules forbid, on 2 others that common law rules, unlawful.Minnottee bar is interesting from the point of view of just how stupid many posters are, let me expand, Posters actually believe that the committee will be, "BLIND" to the lies and subterfuge that ROI have engaged in, throughout this long exhausting journey. Moreover those same, `EXPERT` posters think ICSID will allow this theatre to continue, ad infinitum.WRONG on both counts. My experience tells me, the Committee will annul the award and will have passed their findings to ICSID with comments appertaining to certain actions taken by ROI that prolonged the hearing and led to the embarrassing situation that the original tribunal found themselves in, which could have led(if the award had gone, unchallenged)to a serious miscarriage of justice.Think about that. Had CHL been unable to fund this annulment application, a very serious miscarriage of justice WOULD have occurred.ICSID, IMHO, will be minded to punish ROI for what amounts to nothing but, Criminal behaviour. Not only did ROI expropriate CHL assets, they sought to use ICSID to make that expropriation, legal. To compound matters, ROI then employed dubious, illicit methods to obtain an award that not only legalised the theft but left CHL with an enormous legal bill, meant to leave CHL without the means to fight on.Some believe ROI should be rewarded for their endeavours, I dont happen to agree.I look forward to the end game, coming soon. Very soon.
Posted at 19/4/2019 17:51 by andy
Judi,


"Better due diligence?
Better house keeping?
Better attention to detail?"

-------

Yes some good points.


When CHL were signing for the licences, (with nothing of value discovered at that point), maybe there could have been more DD, and maybe the ROI guys were just glad to see some inward investment and the signing of the documents wasn't properly actioned, possibly deliberately so just in case. But I'm not quite sure how CHL could have known that at the time. To a degree they would have been relying on their Indonesian partners surely?


Only when $3 billion worth of coal was discovered did a problem arise, and that was initially for "forestry breaches". Quite how CHL and their legal representatives allowed that to become a trial for fraudulent signatures is an explanation I would like to hear. It clearly went wrong at that point, they should not have allowed the case to deviate from the original issue, IMO.
Posted at 26/3/2019 17:32 by nick2412
A real absence of justice here.

The only analogy I can think of is of someone being accused of stealing from someones bank account. The accuser says it's too onerous to provide their own bank statements. The court then finds the defendant guilty simply because it chooses to trust the word of the accused. This is despite evidence that the accuser has accumulated wealth by unexplained means (Noor) and is self-confessed associated with a supposed fraudster (Putra).

Another analogy would be a third party noting that a working partner has won the lottery (the coal discovery) and then making highly dubious accusations to try and take the winnings away and, bizarrely, being successful in court.

It's not going to happen I assume, but I'd like to see Pala put up a reward (or pay for a couple of private detectives) to try and unearth some fo the things that mysteriously disappeared or ROI found too onerous to provide. Getting any of the following would reverse the decision:-

a) the log-book that, almost inevitably, would highlight that ROI personnel had authorised all licenses.

b) Police records that exonerated Ridlatama and showed the licenses were genuine. These probably show that key documents in the regency highlight that key personnel had validated the licenses.

c) Other licenses in the regency (or neighbouring regencies) that were not hand signed. Just as over-lapping licences were common place I suspect this was a routine method of signing. Quite possibly as a ruse to accuse a successful overseas investor of fraud in the event of successful discoveries.

d) Documents that show the source of income for Noor's private jet ... rich political friend)s) with an interest in the coal resource?

It's shocking that no adverse inferences were made with regard to the failure to supply essential case changing documents. Forgery was found on the basis of the word of the Regent (a gentleman recovering from a stroke who couldn't remember the dates he was in office) and a couple of associates.... as if they were going to say anything else.

CHL asked for key documents that would have proven the innocence of Ridlatama and by implication shown that they had done due diligence. The fact that ICSID let ROI get away with the failure to supply case determining documents and found against CHL in their absence means ICSID should be brought to account themselves.

A truly shocking state of affairs that shames the international arbitration system.

We will see if CHL go for revision. I suppose it is unlikely but we will know soon. Unearthing any one of the above documents changes the case and, in that case there is nothing the highly dubious and (at best) incompetent ICSID could do about it. To get a stay of costs and revision means that CHL need to make their move and provide a new compelling fact soon.
Posted at 21/3/2019 19:12 by wulber
Not sure how much you have invested but all relative l guess, but for me personally a massive blow with Tuesday decision.Personally l can't actually write this off in my mind until we have an ultimatum from CHL by RNS.It is obvious the nepotism so to speak with the decision and looking after their own, but sometimes things can turn on a sixpence.The weekend and days following for me was a car crash both personally and financially but l am not blinkered, but also believe in Karma!I guess we have to just have to wait for CHL's next RNS which will boom (further fighting) or bust (go in to admin). I have emailed DQ but guess he suffering big time with his +10 years at CHL, albeit frustrated and angry. Thats why l think if there is a avenue to fight this he will steer us as best as he can or perhaps l am being naive?!The way l read things and l am no expert, if we can get stay of costs, present under a different court jurisdiction and get Pala on board, who in monetary terms have suffered most, albeit relative to us all, then there is a glimmer of hope.CC are top their game on a no win no fee and these very overpriced lawyers bonuses are all down to results!If there is a road to get compensation, perhaps with a massive haircut as Neo says, just get the original investment back, then l am sure they will advise CHL accordingly.I remain pessimistically optimistic or should l say holding to a fine line of opportunity.The key is, financing any next stage, is there overwhelming new evidence that could turn this?
Cloudified share price data is direct from the London Stock Exchange

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