Andalas Energy And Power Share Discussion Threads

[squire007] 06/3/2018 11:17

seems that way ........lol

[turbotrader2] 06/3/2018 11:03

Do you think that they cant afford the £200 for an Rns?

[turbotrader2] 06/3/2018 10:37

And again a new low

Why aren’t the bod saying something?

[patch13] 04/3/2018 20:51

Once again he chooses not to answer and goes down his standard route

[sweet karolina] 04/3/2018 20:49

All your question will be answered soon enough patch, keep calm and carry on losing money investing in dogs.

[patch13] 04/3/2018 20:32

And nice again Tom chooses to ignore difficult questions -

[patch13] 04/3/2018 20:30

The first ?500,000 draw down is subject to mutual agreement and will be no earlier than 1 March 2018, or such other date as agreed in writing.

[sweet karolina] 04/3/2018 20:26

Thanks patch for all your help. You could be proved right on Mon. Then again maybe I do know something about all this, I have been doing it very successfully for over 6 years. Drop me a line when you have gotten over it. I have made a lot of friends over the years with people who have eventually seen the light. I don't hold grudges with other PIs.

[patch13] 04/3/2018 20:13

Entered into flexible convertible loan note agreement with Volantis, with no penalties should the Company not utilise the facility. First potential draw down on or after 1 March 2018.

[patch13] 04/3/2018 20:10

Tom - I can't resist - 1) do you really think volantis would rely on a website ref takeover code rather than admission document? Really really? 2) the RNS clearly states notes would not be sooner than 1st March - so could be any tine thereafter 3) have you ever considered in your bitter mind that they are just that - loan notes - they may never intend to convert to equity

[sweet karolina] 04/3/2018 19:52

What are the morons crying about?

If Patch is right and there is just a small hold up with the loan notes, which Volantis are not planning to convert and have convinced the takeover panel that they will not have effective control, then by lunchtime Monday, the RNS which under rule 11 should have come out on Thursday or before, will be out. Those who sold on Friday because they had read the death spiral RNS as written "the first drawdown is 1 Mar" and could see it was subject to mutual agreement, have a complaint against the company and Nomad for breaching rule 11. I still can't work out why ADL and Volantis would structure the deal as a death spiral with obvious implications for the takeover code, which the ad doc made clear did apply, though until recently the website did not. Maybe nasty Beaufort talked them into doing it that way and the Nomad was just asleep at the wheel when they signed off on it.

If I am right, then all those who would have been buying thinking the takeover code does not apply and the company is solvent can thank me. If this is the case then the company was going bust sooner rather than later anyway, I may have brought forward the inevitable, but that is all.

If AIM Reg do not act and there is no RNS next week, then the proper authority who should be made aware of companies potentially trading whilst insolvent will be made aware. By then it will be crystal clear there is a major problem, as the RNS saying there is no problem would have been out long before.

All I want is for AIM to clean up its act and start enforcing its own rules properly for the good of all investors and the UK economy. Far too much money goes down the drain keeping dogs like ADL alive. That money should be going to decent small companies with genuine prospects, who can abide by the basic rules. If more dogs go earlier to where all dogs eventually go, that is a good thing not a bad thing. Shareholders can not complain they have not been warned and if Nomads did what shareholders pay them to do, there would be no need for people like me to do the job for them.

Not that I would get a chance, as I have done nothing wrong, but I would be happy to explain that to a judge or any other so called authority.

Enough is enough, AIM clean up your act! I can't police every dog share on the market and have to pick the worst offenders. Quite a bit more research has to go into what I do than simply buying or even shorting. I believe in what I am doing, it is for the good of all and I am happy to continue putting in the effort until it becomes unnecessary, because those who should be doing the job they get paid to do are doing the job. I get no monetary reward for what I do and I do not want any. The thanks I get from people whose money I have saved is reward enough.

Finally I would like to thank Patch. If it was not for him insisting the takeover code did not apply and pointing me to the erroneous statement on the ADL website, I would not have thought about contacting the takeover panel. Well done patch! You are either right and now everyone will know what is going on and can make properly informed investing decisions or you have sacrificed your own investment for the common good, so take that as consolation.

[ronjoe77] 04/3/2018 19:16

lol,,,is it 11bill up for grabs and ADL come away with jack....could have done better myself lol

[ronjoe77] 04/3/2018 19:09

Andalas CEO, David Whitby, said "The signing of this Exclusivity Agreement is an important event in the Company's history. We are delighted to be partnering with the local governments with whom we have forged a strong working relationship.

[ronjoe77] 04/3/2018 19:08

"This opportunity differs from the conventional farm in opportunities that we have been considering. However, we believe it to be a compelling opportunity which may deliver a material interest in what we believe is some of the best on-shore acreage in Indonesia today."

[sweet karolina] 04/3/2018 18:46

Enough info now in the public domain for investors to make their own investing decisions.

You all have to make your own decisions as the people responsible for your losses are you at the end of the day.

[patch13] 04/3/2018 17:38

Sweetie - good to see you have no coherent answer to my question. You have jumped to the conclusion that volantis (who have an excellent record ) have been conned by the whole board of Andalas and aided by their broker and nomad. Utter fantasy