Share Name Share Symbol Market Type Share ISIN Share Description
Mayflower LSE:MFW London Ordinary Share GB0008002221 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 6.75p 0.00p 0.00p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Automobiles & Parts 623.1 -2.8 -3.1 - 23.90

Mayflower Share Discussion Threads

Showing 5626 to 5649 of 5650 messages
Chat Pages: 226  225  224  223  222  221  220  219  218  217  216  215  Older
DateSubjectAuthorDiscuss
24/4/2009
08:29
just turned on my mayflower web site and it said that my shares are 6p is this right anyone???
squash90
18/6/2007
14:27
You seem to have answered your own question. And I think it has been mentioned previously here.
scribbler101
18/6/2007
14:20
Could anyone confirm if Mayflower has been added to HRMC's list of Negligible Value Agreements. I noticed an entry titled 'The Mayflower Corporation Ords 5p 31/03/04' ...
cliffb
09/6/2007
09:38
02/05/2007 Accountants to face public tribunals ICAEW disciplinary hearings will be open from January By Sally PercyAccountants who face ICAEW disciplinary proceedings will have their cases heard before the public and the press next year, the institute decided today. At a council meeting, the institute voted in favour of a proposal to have open hearings of cases before disciplinary and appeal tribunals from 1 January 2008, except in special circumstances where the tribunal chairman could instead opt to have the hearing behind closed doors. The move comes after the Public Oversight Board recommended that the institute change its policy of holding disciplinary proceedings in private. But council members were fiercely divided on the proposal, which was debated at length. Peter Mitchell, chairman of the Society of Professional Accountants, wanted the proposal withdrawn for 'further consideration and clarification' while Alan Lindsey, a sole practitioner, pointed out that disciplinary proceedings already had a 'serious mental and social effect' on the accountant concerned, an effect that would only be exacerbated if the proceedings were in public. Others were more supportive of the change. Peter Wyman, a partner at PricewaterhouseCoopers, the first firm to be tried in public by the Accountancy Investigation and Discipline Board (AIDB), said: 'We live in an age when transparency is increasingly important and where justice must be seen to be done.' He described the tribunal in which PwC was cleared of incompetence over the collapse of bus maker Mayflower as 'a good process'. The motion to hold disciplinary hearings in public from January was carried by 53 votes http://www.accountancymagazine.com/main.asp?storyid=9237&pagetype=10
mgbroad
16/2/2007
17:29
http://www.accountancymagazine.com/main.asp?storyid=8998 14/02/2007 FRC hit with £1m Mayflower bill Payouts awarded to PwC and Donnelly By Philip SmithThe accountancy profession's watchdog has been hit with a bill of nearly £1m after a disciplinary tribunal awarded costs to the cleared defendants following the Mayflower hearings. PricewaterhouseCoopers was awarded £400,000 while former Mayflower finance director David Donnelly is to receive £587,500. The tribunal said that if the complaints had been withdrawn earlier, the costs of the hearing and of preparation for the hearing would have been avoided. The decision will place a question mark over the future of other investigations currently being undertaken by the Accountancy Investigation and Discipline Board. The Financial Reporting Council, the parent body for the AIDB, now faces having to dip into its reserves to pay the bill and is reviewing the impact of the tribunal's ruling. In a statement, the regulator said: 'The decision in this case gives rise to potentially significant implications for future disciplinary cases.' Paul Boyle, chief executive of the FRC said that he had not ruled out the possibility of a judicial review of the award. But he said it was too early too say whether there would be an impact on future cases. The AIDB is currently investigating iSoft, MG Rover, Langbar International and Emerging Business Trust. In January, PwC and Donnelly were cleared of any wrong-doing at Mayflower, the collapsed bus maker, by a five-strong disciplinary tribunal. However, one member of the tribunal issued a dissenting opinion over the claims brought against PwC. The findings of the tribunal also provoked a war of words over its criticisms of one of the AIDB's expert witnesses, Emile Woolf. -------------------------------------------------------------------------------- This is a free accountancymagazine.com news story Associated Articles 23/01/2007 - Kingston Smith defends Woolf over Mayflower 22/01/2007 - Mayflower judgment published 09/01/2007 - PwC cleared in Mayflower case 28/09/2006 - Mayflower FD 'too slow' to highlight profit shortfall 18/07/2006 - Date finally set for Mayflower hearings 14/09/2005 - PwC faces disciplinary over Mayflower 14/07/2004 - New discipline board probes Mayflower
soysoy
16/2/2007
17:28
http://www.accountancyage.com/accountancyage/news/2183230/mayflower-tribunal-makes-costs FRC to pay almost £1m in costs over Mayflower case FRC must fork out £987,000 in costs to former FD David Donnelly and auditor PwC as a result of failed Mayflower case Penny Sukhraj, Accountancy Age 14 Feb 2007 Costs of £987,000 have been awarded against the industry's disciplinary board, which brought complaints against Mayflower FD David Donnelly and the bus manufacturer's auditors, PricewaterhouseCoopers last year. PwC and Donnelly asked for a collective £1.4m during costs hearings, which began in-camera last month. The five-member independent panel, which deliberated over the proceedings, has made awards of £587,500 in favour of Donnelly and £400,000 to the firm. PricewaterhouseCoopers are pleased with the outcome of the costs hearings of the Mayflower case, made in favour of the firm. 'We are pleased with the award of costs made by the Tribunal and the commonsense approach they have taken in making the award,' a PwC spokesman said. 'We do not believe that the complaints should have been brought, and significant costs could have been saved by all parties.' In addition, the independent panel - that earlier dismissed the complaints against Donnelly and the firm and now made the costs award - expressed the view that cases against both the firm and the FD should never have been brought. The AIDB lost cases in both instances. The body's parent, the Financial Reporting Council, said in a statement that it was 'disappointed' with the decision. Paul Boyle, chief executive of the FRC – the AIDB's parent body – declined to give details of whether the FRC would take the matter further. 'We're carefully studying the implications this ruling may have on future cases,' said Boyle. When pressed as to whether the FRC might consider the applying for a judicial review, he said: 'We're not ruling out any options.' An FRC statement stated: 'The FRC continues to support the function of the AIDB, as set out in its scheme. Where there is evidence of misconduct, as there was in the Mayflower case, it is important that the complaint should be heard by a Disciplinary Tribunal sitting in public.'
soysoy
16/2/2007
12:18
>SoySoy Can you confirm where this article came from please? soysoy - 15 Feb'07 - 21:25 - 1084 of 1085 14/02/2007 FRC hit with £1m Mayflower bill Payouts awarded to PwC and Donnelly By Philip SmithThe accountancy profession's watchdog has been hit with a bill of nearly £1m after a disciplinary tribunal awarded costs to the cleared defendants following the Mayflower hearings.
anomalous
16/2/2007
11:59
Watchdog hints at halt in audit inquiries after tribunal defeat Phillip Inman Thursday February 15, 2007 The Guardian The accountancy watchdog must pay £1m in compensation to the former finance director and auditors of scandal-hit bus maker Mayflower after a tribunal threw out allegations of maladministration. The accountancy investigation and discipline board (AIDB) said yesterday it was disappointed that a disciplinary tribunal had ruled in favour of reimbursing the legal expenses of PricewaterhouseCoopers and ex-finance director David Donnelly despite bringing "public interest" charges against them after a long investigation. The board said the decision would force it to be more circumspect about which cases it pursued, signalling that it may refuse to investigate recent allegations of accounting irregularities at firms such as retail software supplier Torex. It is already scheduled to investigate complaints against the auditors of MG Rover and the health service software supplier iSoft. The financial reporting council, which oversees the board, said in a statement: "The AIDB is disappointed with the decision. The [council] continues to support the function of the AIDB, as set out in its scheme. Where there is evidence of misconduct, as there was in the Mayflower case, it is important that the complaint should be heard by a disciplinary tribunal sitting in public. "The decision in this case gives rise to potentially significant implications for future disciplinary cases." Mayflower was the first case heard by the AIDB's disciplinary tribunal. One member of the tribunal agreed with the complaints against PwC, but a majority ruled that there was no case to answer. The decision is embarrassing for the AIDB, which the government hoped would show that self regulation of the profession would enhance confidence in audited accounts. All the six main accountancy bodies subscribe to the board. If it is seen to step back from investigations because it fears large compensation claims ministers may be forced to reconsider its status. Executives at Mayflower, once the UK's biggest bus maker, were accused by the company's administrator of creating a £17m black hole by deliberately abusing an invoice-collection system for four years. PricewaterhouseCoopers was Mayflower's auditor in 2002. It was accused of failing to check bank covenants in accordance with key auditing rules. Mayflower hit the headlines in part because John Major, the former prime minister, was on the board and a member of the audit committee. http://business.guardian.co.uk/story/0,,2013200,00.html
anomalous
15/2/2007
21:25
http://www.accountancyage.com/accountancyage/news/2183230/mayflower-tribunal-makes-costs 14/02/2007 FRC hit with £1m Mayflower bill Payouts awarded to PwC and Donnelly By Philip SmithThe accountancy profession's watchdog has been hit with a bill of nearly £1m after a disciplinary tribunal awarded costs to the cleared defendants following the Mayflower hearings. PricewaterhouseCoopers was awarded £400,000 while former Mayflower finance director David Donnelly is to receive £587,500. The tribunal said that if the complaints had been withdrawn earlier, the costs of the hearing and of preparation for the hearing would have been avoided. The decision will place a question mark over the future of other investigations currently being undertaken by the Accountancy Investigation and Discipline Board. The Financial Reporting Council, the parent body for the AIDB, now faces having to dip into its reserves to pay the bill and is reviewing the impact of the tribunal's ruling. In a statement, the regulator said: 'The decision in this case gives rise to potentially significant implications for future disciplinary cases.' Paul Boyle, chief executive of the FRC said that he had not ruled out the possibility of a judicial review of the award. But he said it was too early too say whether there would be an impact on future cases. The AIDB is currently investigating iSoft, MG Rover, Langbar International and Emerging Business Trust. In January, PwC and Donnelly were cleared of any wrong-doing at Mayflower, the collapsed bus maker, by a five-strong disciplinary tribunal. However, one member of the tribunal issued a dissenting opinion over the claims brought against PwC. The findings of the tribunal also provoked a war of words over its criticisms of one of the AIDB's expert witnesses, Emile Woolf.
soysoy
15/2/2007
10:46
Thanks Scribbler.
campaonline
15/2/2007
09:56
Watchdog hints at halt in audit inquiries after tribunal defeat From: http://business.guardian.co.uk/story/0,,2013200,00.html The accountancy watchdog must pay £1m in compensation to the former finance director and auditors of scandal-hit bus maker Mayflower after a tribunal threw out allegations of maladministration. The accountancy investigation and discipline board (AIDB) said yesterday it was disappointed that a disciplinary tribunal had ruled in favour of reimbursing the legal expenses of PricewaterhouseCoopers and ex-finance director David Donnelly despite bringing "public interest" charges against them after a long investigation. The board said the decision would force it to be more circumspect about which cases it pursued, signalling that it may refuse to investigate recent allegations of accounting irregularities at firms such as retail software supplier Torex. It is already scheduled to investigate complaints against the auditors of MG Rover and the health service software supplier iSoft. The financial reporting council, which oversees the board, said in a statement: "The AIDB is disappointed with the decision. The [council] continues to support the function of the AIDB, as set out in its scheme. Where there is evidence of misconduct, as there was in the Mayflower case, it is important that the complaint should be heard by a disciplinary tribunal sitting in public. "The decision in this case gives rise to potentially significant implications for future disciplinary cases." Mayflower was the first case heard by the AIDB's disciplinary tribunal. One member of the tribunal agreed with the complaints against PwC, but a majority ruled that there was no case to answer. The decision is embarrassing for the AIDB, which the government hoped would show that self regulation of the profession would enhance confidence in audited accounts. All the six main accountancy bodies subscribe to the board. If it is seen to step back from investigations because it fears large compensation claims ministers may be forced to reconsider its status. Executives at Mayflower, once the UK's biggest bus maker, were accused by the company's administrator of creating a £17m black hole by deliberately abusing an invoice-collection system for four years. PricewaterhouseCoopers was Mayflower's auditor in 2002. It was accused of failing to check bank covenants in accordance with key auditing rules. Mayflower hit the headlines in part because John Major, the former prime minister, was on the board and a member of the audit committee.
jaknife
15/2/2007
01:04
Dog dead. The "value" you quote is probably the price when suspended. If you find anyone offering money please psot details here!
scribbler101
14/2/2007
17:16
I have 30000 shares, and I mainly trade cfd's now I had them forgotten for ever in my TD waterhouse account. Today I look and found that they actually seem to have some value. If anyone can enlight me. What is the company situation, are they actually trading or parts of the company and what anyone thinks the future prospects are. I very much appreciate anyones comments.
campaonline
05/2/2007
21:47
Its sad that the greedy b@ggers that caused this mess will largely get away scott free. Thanks for all of the hard work soysoy & better luck with your other investments
the_doctor
05/2/2007
21:40
FRC faces £1.4m Mayflower crunch The Financial Reporting Council, the regulator of the accountancy profession, has made no provision for £1.4m of costs expected to arise as part of the Mayflower tribunal Penny Sukhraj, Accountancy Age 01 Feb 2007 The chief executive of the body, Paul Boyle, admitted this week that no cost provision had been made, as the implications of the Accountancy Investigation and Discipline Board's crushing defeat began to sink in. The lack of the provision could lead to the body having to go cap in hand to its paymasters – the government, companies and the firms – as it faced further criticism this week from a leading member of the profession, and details of a new legal exchange emerged. Boyle told Accountancy Age this week: 'There is no budget for these costs. If an award is made against us for costs, it will have to be met under existing funding arrangements. It's too early to say whether this would involve any additional payments,' said Boyle. The FRC has a projected budget of £14.9m for 2006/2007. Defendants, in particular PricewaterhouseCoopers, are now understood to be on the warpath in their attempts to recover costs, a decision on which is pending. Seperately, it has emerged that Kingston Smith, whose partner Emile Woolf was criticised in the AIDB judgment, sent legal letters to the watchdog over the judgment, which some have speculated may have been the reason for the controversial delay in its release. Boyle refused to comment on the issue. The letters are understood to point to factual inaccuracies. Kingston Smith's senior partner Michael Snyder launches a ferocious attack on industry regulation this week in a piece in Accountancy Age, saying that tribunals have become 'lawyer-dominated' and do not contain enough input from auditors. Permalink to this story www.accountancyage.com/2173939 http://www.accountancyage.com/accountancyage/news/2173939/frc-faces-mayflower-chaos This article was printed from the VNU Network VNU Business Publications © Also a point of interest http://www.accountancyage.com/2174002
soysoy
28/1/2007
16:23
FSA are as much use as Home Office I think I will call this end of this thread SOLD MOST MY SWHARES NOW. CAN`T SEE ANYTHING GOING UP UNTILL G BROWN TAKEOVER AND TROOPS ARE OUT
soysoy
23/1/2007
18:39
They look after each other all the stripped suit brigade. They feed off ordinary folk, even today.
hvs
22/1/2007
22:00
A lot of reading to do , I leave it to are laweryers to recomend what to do
soysoy
22/1/2007
21:47
Tories demand Mayflower judgment Tory shadow Treasury minister and former KPMG partner finds AIDB's failure to release Mayflower judgement 'inexplicable' Penny Sukhraj, Accountancy Age 18 Jan 2007 Baroness Noakes, the Tory shadow Treasury minister, has launched a withering attack on the Accountancy Investigation and Discipline Board over its failure to release a tribunal judgment on collapsed bus company Mayflower. Noakes, a former KPMG partner, told Accountancy Age this week that she found it 'inexplicable' that the judgment had not yet been released. Complaints against various parties over the Mayflower collapse were dropped last week, but the AIDB's website has not carried any mention of the move. Lawyers for David Donnelly, one of the defendants, said they expected it to be published, but the delay has caused bafflement. The AIDB, part of the FRC, confirmed this week that the 240 page judgment may not be released, giving rise to the bizarre situation that no explanation has been given as to why various parties, accused of professional misconduct, have been cleared. The Mayflower tribunal last week cleared PwC and Donnelly, former finance director of Mayflower subsidiary Transbus. The judgment is understood to be highly critical of the way the case was prosecuted. The body had launched complaints against the auditors and FD over the collapse of the bus company. Board secretary Anna Colban, while saying the board was 'mindful of the need to publish the report as soon as is practicable,' added that it needed to consider whether publication is 'against the public interest.' Noakes said: 'The FRC should be committed to openness and transparency. If they had any reservations about publishing any part of the judgment, they should have been dealt with before making judgement. 'I, as an ordinary member of the public, can't tell whether a decision has been made, as it is not even on their website. They seem to have forgotten that they're discharging a public function,' said Noakes. Industry figures backed Noakes this week, one saying that it was 'extraordinary' that the judgment remained unpublished. Permalink to this story www.financialdirector.co.uk/2172834
soysoy
22/1/2007
21:41
Airing the Mayflower report's dirty laundry We await details from the judgement on the Mayflower case Gavin Hinks, Accountancy Age 18 Jan 2007 Both PwC and David Donnelly have been cleared of all complaints concerning their conduct at Mayflower, but the Accountancy Investigation and Discpline Board (AIDB) is still to decide which parts to make public. There have been assurances that the AIDB is obliged to make the report public. But it can decide to hold material back if it is not in the public interest. If you are David Donnelly, or the auditors subject to the complaints levelled at PwC, you might find that distinction difficult to follow. Having been cleared by the AIDB's panel, and with suggetions circulating that the panel was not entirely happy with the case prepared by the AIDB, they will feel very differently about the report. The whole report needs to be aired in public. For their reputations and standing in the profession, it would be understandable if they demanded that the whole report was out in the open. In fact, it would seem intolerable form a human rights viewpoint for the AIDB to be able to level complaints against an auditor or FD, but to be silent on their being cleared. Given that this is the AIDB's first case, it is crucial it be examined in detail because the future of accountancy discplinaries may hang on it. If there are deficiencies in the process, as David Donnelly's lawyers claim, they must be addressed. The body's procedures must be bulletproof so that accountants have confidence in their disciplinary body's ability to offer fair tribunals brought on appropriate and reasonable grounds. Without that confidence, the AIDB will struggle to establish itself as authoritative – with either accountants or with the investing public. >> More Gavin Hinks articles Permalink to this story www.accountancyage.com/2172919
soysoy
22/1/2007
21:36
Full Mayflower judgement out Independent panel's findings slams expert witness of AIDB Penny Sukhraj, Accountancy Age 22 Jan 2007 The Accountancy Investigation and Discipline Board has finally published the full judgment of the Mayflower public tribunal. The Mayflower tribunal – in which the AIDB brought complaints against company's FD David Donnelly and PricewaterhouseCoopers for falling short of accounting standards – was the first public tribunal held by the industry disciplinary board. The 247-page judgement, by an independent panel which made findings on the case, slammed the expert evidence of industry author Emile Woolf. The panel stated in its report that the best interests of the case were not served by the AIDB calling Woolf as their expert 'independent expert' since he had been closely involved in the investigation and advised the AIDB to separate investigative and expert roles in future cases. The panel also took opportunity in their report to criticise the fact that Woolf had not been a finance director, and therefore his opinion of what a reasonably competent FD would do in certain circumstances was of limited assistance during the case. Woolf was also criticised for presuming against the directors of Mayflower and ignorance which neither he, nor AIDB executive counsel Cameron Scott, investigated. The panel further noted the plain errors in Woolf's report, inaccuracies in his verbal evidence and his failure to answer questions until directed by the panel chairman, to do so. The panel, however, accepted the evidence of other witnesses, provided by the PwC. But the firm's case was not helped by the misuse of a company secretary, of terms such as 'assurances' and 'undertakings'. However, the panel considered the firm's witnesses to be 'honest'. Further reading: Tories demand Mayflower judgment AIDB criticised after defeat at public tribunal PwC cleared as FRC transparency questioned Permalink to this story www.financialdirector.co.uk/2173130
soysoy
22/1/2007
21:19
http://www.frc.org.uk/documents/pagemanager/aidb/Dissenting%20Opinion.pdf http://www.frc.org.uk/documents/pagemanager/aidb/Shelton%20Judgment.pdf http://www.frc.org.uk/documents/pagemanager/aidb/Shelton%20Sanctions%20and%20Costs.pdf http://www.frc.org.uk/documents/pagemanager/aidb/PwC%20&%20Donnelly%20Judgment.pdf
soysoy
22/1/2007
21:06
AIDB announces publication of the reports of the Mayflower Tribunal AIDB PN 11 22 January 2007 http://www.frc.org.uk/aidb/tribunal/pub1248.html Pursuant to the decision of the Accountancy Investigation and Discipline Board under paragraph 8(9) of the Scheme, the Disciplinary Tribunal's reports following its consideration of formal complaints brought against Mr Ian Jon Shelton, PricewaterhouseCoopers and Mr David Thomas Donnelly arising out of the investigation into Mayflower Corporation Plc and its subsidiaries are published today and can be found on the AIDB website. Notes to Editors http://www.frc.org.uk/aidb/tribunal/pub1248.html The Financial Reporting Council (FRC) is the UK's independent regulator responsible for promoting confidence in corporate reporting and governance. Its functions are exercised principally by its operating bodies (the Accounting Standards Board, the Auditing Practices Board, the Board for Actuarial Standards, the Financial Reporting Review Panel, the Professional Oversight Board and the Accountancy Investigation and Discipline Board) and by the Council. The Committee on Corporate Governance, whose members are drawn from the Council, assists it in its work on corporate governance. The Accountancy Investigation and Discipline Board ("AIDB") is the independent, investigative and disciplinary body for accountants in the UK. The AIDB is responsible for operating and administering an independent disciplinary scheme ("the Scheme") covering members of the following accountants' professional bodies:- the Association of Chartered Certified Accountants, the Chartered Institute of Management Accountants, the Chartered Institute of Public Finance and Accountancy, the Institute of Chartered Accountants in Ireland and the Institute of Chartered Accountants in England and Wales. The focus of the AIDB is on cases which raise important issues affecting the public interest; other disciplinary cases will continue to be dealt with by the individual accountancy body of the member concerned. Disciplinary Complaints filed following an AIDB investigation are heard by an independent Tribunal which will normally sit in public. If the Tribunal upholds a Complaint, there is a wide range of sanctions which it can impose including an unlimited fine, exclusion from membership of a professional body and withdrawal of practising certificates or licenses. All Press enquires should be directed to: Cameron Scott on telephone: 020 7492 2450 or email: c.scott@frc-aidb.org.uk.
soysoy
09/1/2007
17:24
One would say a white wash,but it been a nice try,let`s see the full verdict when it`s published
soysoy
Chat Pages: 226  225  224  223  222  221  220  219  218  217  216  215  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:35 V: D:20161204 03:55:27