|Merchant House Group
||EPS - Basic
||Market Cap (m)
Merchant House Share Discussion Threads
Showing 21726 to 21741 of 21750 messages
|Mo chance of anything back from here then??|
|I received this today - I'd long forgotten about them!
"The Company's Shares were delisted from the Alternative Investment Market (AIM) in November 2012 and placed into Administration in April 2013. M C Healy and A D Cadwallader of Leonard Curtis were appointed as Joint Administrators.
Following the suspension of trading in Merchant House Group plc Shares on AIM you are no longer able to trade Merchant House Group plc Shares. The holding will be retained on your account until further notice. In the event of a further material update from the Administrators or if the Merchant House Group plc Shares are cancelled we will write to you again."|
|Mr Whyte continues to be pursued on various fronts:
|May he rot in hell, and the others also responsible for leading investors on!! i.e promise of dividends etc.|
|There is seemingly no let up for Mr Whyte:
|Not looking any better for Mr Whyte, as he continues to be pursued on various fronts:
|Sounds like two directors and products to avoid.|
|Two directors of collapsed Merchant House Group have joined a new structured products company as partners.
Structured products director and operations director of Merchant House Group, John Gracey and Tony King, have joined London-based firm Mariana Capital Markets LLP as partners.
Merchant House Group, Merchant Capital's parent company, went into administration earlier this month after failing to pay liabilities relating to the liquidation of its structured product arm Merchant Capital.
Merchant Capital was put into administration in January of this year.
The pair joined Mariana Capital on 14 and 15 February 2013 according to Companies House, several weeks before Merchant House collapsed.
Mariana Capital was set up in 2009 to offers asset management and advisory services. The company launched its structured products division earlier this month.
The website says: "A primary focus of Mariana is to offer products on a bespoke basis for advisers who have investors that would like exposure to more exotic and innovative markets.
"We specialise in the construction of structures that provide exposure to underlyings including emerging markets, commodities or portfolios of individual stocks tailored to a client's interest and knowledge."
Mariana Capital Markets is current offering a product called FTSE/S&P Kick Out, with a coupon of 8.4% and a barrier that is 50% European with underlying FTSE 100/S&P 500.
Prior to working with Merchant Capital, Gracey was financial director at failed structured products company ARC Capital & Income (ACI) the operating company of the London-based Arc Fund Management Holdings.
The Financial Services Authority investigated ACI's role in selling Lehman-backed plans in 2008 and the company was taken into administration|
|TR, I still feel bad about how this played out for you, as you deserve better IMO. Had you got to know those involved you would probably have seen things a little differently, a case of swimming with sharks including a great whyte! Still at least the latter has not seen things go their own way of late and this IMO is likely to continue. Perhaps this is why he is looking to sell the film rights to the debacle that was Rangers if he is after a lookalike for the part perhaps they should check with Ken Dodd. But seriously I do wish you all the very best for the future and believe that you are strong enough to work through what has been a very unfortunate turn of events.|
|Thanks all, lot to think about but a lesson too far on who and what to believe. Closing other accounts but will leave this open and dip in maybe, am left in SAR on AIM which is struggling as you know D and have last few elsewhere.
Strategy method definitely one to think about but as you say Z some people can obviously sleep easier at night cant they. Onwards and all the best.R|
Really sorry For you,you are One decent bloke,rare thing on these boards ,i really hope somewhere along the line you make up your losses,Not necessarily in the stock market.|
|cheers everyone and good luck. TR nobody could have tried harder for us all, I hope you get some rewards elsewhere. I am hoping IOF will help me on that, there is a great poster called scrutable aged 84! on there who today posted he lost 3 times on aim companies. The last time he borrowed £22000 and started again with different methods....now made it all back and more! gives me some hope.|
|I really wish you all the best The Ross, from what you can pick up from written words you seem a really decent chap and you certainly don't deserve to be on the receiving end of what happened here.
At least with this all finished now, the book can be closed on this one and people can move on. There will be more to come with what happened here I'm sure and those responsible will have to live with what they have done in this life or the next...
AIM really is a dangerous casino, I took a hit on this too and just like the casino you certainly don't have to make it back the same way you lost it.
Despite this rollercoaster you held your integrity and that reward will come in time. It certainly has been a learning curve, from an investment and personal point of view, thats for sure.
Here's to the future|
|So with this gone am left with pretty much small holdings and am calling it a day. George, Mo, Z & Lov, GP and everyone else it's been sadly a very long 4 years.
After contacting the company over the years and speaking to people at different levels. Sadly never JH but a number of others we're now left with Admin.
Mike thanks for the nod for investment on this one back in the day and when that swift U turn of yours came I should have thought better of it and decided to walk away with my shirt. These are the decisions we live to regret but that's life. The updates following from MHG and all involved only lended themselves to the friends exiting at levels so they could get out as we know now.
CW .. there's another story entirely.
Even many of my IFA mates thought they'd recover when they bought Clarkson hill and then when BEIA came in.. but all in all a step too far. I only hope everyone whose involved in companies such as Worthington Group and others run by Holmes look out for the next company to arrive.
We're not the only ones who've lost on this one.. sadly, all the product holders and BEIA did try and have lost money on this. I know this because I spoke to them.
All the best with your investments in the future, for me a loss too far and a valuable lesson learned in AIM. even if it took 4 years and averaging out ok and then trying to salvage. It's to the HRMC pages now and section on registering loss.
Genuinely all the best to everyone who gave balanced view, sorry for your losses here also. Mr R signing off for good.|