Azure Share Discussion Threads

[uknighted] 20/8/2005 09:19

A good article in today's Telegraph Business Section P29 "Scandal-hit investors seek to win back losses".

Good luck Nigel and Andy.

[anomalous] 20/8/2005 01:37

An update went out tonight. Let me know if you didn't receive it.

The clock is ticking and a certain MD is about to be VERY publicly embarrassed.

[vanhalen] 28/7/2005 20:17

Anom ...... i have mail ..... will facsimile tomorrow lunchtime.

[anomalous] 19/7/2005 00:24

There's news from the FSA. Looks like we might be having a lot of fun at the MMs expense very soon.

[anomalous] 19/7/2005 00:23

They are moving the price around, trying to attract attention and business. There is very little, because until the Room Service Shorting Scandal reaches a conclusion in a Court of law, with victory for the shareholders, the shell company will remain a no-go area for any other business looking for a listing.

Hey, here's an idea, if Chiddingfold were to fund the legal action against the MMs, they might actually be able to get the legal battle won earlier, then get their investment returned.

Maybe I should contacted Peter Abbey and ask him?.............

[fund1] 18/7/2005 21:44

Looks like mms are trying to get this noticed for some reason. Good or bad? One day up 16% then down 16% mms want to play. Hi I am Chucky want to play.

[fund1] 14/7/2005 16:22

Glad I never.. this one looks finished.. please turn the lights off

[fund1] 14/7/2005 08:45

Should
I?

[fund1] 13/7/2005 14:10

Don't hold yet! But this is starting to look tempting. Any views? rto possibilities

[vanhalen] 10/7/2005 10:01

greenchair ........... congratulations on the birth of your baby daughter.

It's a tough job all that waiting outside. The girls get it easy i think !!!

Now where did i leave my hat and coat ???

[uknighted] 09/7/2005 21:55

Good work, Anomalous. Thank you very much for your time and effort.

[anomalous] 09/7/2005 19:10

There's another Update out today with good news from Andy.

If you need copies of the 'documents' let me know. The file size was rather large but we are going to have a lot of fun with 'you know who' when we have the Court hearing next month.

The documents will blow them out of the water and embarass them in front of the press. I'm arranging for a large number of reporters to attend, so they can see the man that lied to the FT in 2003 get his come uppance!

[anomalous] 29/6/2005 20:03

There's an Update out tonight. If you haven't received it, can you contact me please? The file size is 3Mb as it has rather a lot of attachments. Can you please make sure that you've seen it.

Thanks.

[shirishg] 27/6/2005 13:39

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[anomalous] 27/6/2005 13:38

Watchdog's bite softens as fines are fewer and smaller
By Patrick Hosking, Investment Editor
The Times
27 June 2005

THE Financial Services Authority has secured far fewer scalps and imposed lower fines on rule-breaking firms since the botched Legal & General case.
The apparently softer stance of the chief City regulator is revealed in an analysis by the City law firm Simmons & Simmons. It comes just days before the Strachan Review is due to make recommendations on the future of the FSA's powerful enforcement arm.

The FSA's enforcement actions - quasi-judicial judgments against wrongdoers - numbered 81 last year. But in the first five months of this year they have dwindled to 19, an annualised rate of just 48.

The FSA was reducing penalties. Stripping out the extraordinary £17 million fine against Shell last year, FSA fines are on a sharp downward trend. The average company fine, which rose to a high of more than £1 million in 2003, has slumped to less than £300,000 in recent months.

Simmons also pointed to the "startling" number of recent cases decided by negotiated settlement rather than formally by the FSA's Regulatory Decisions Committee. Almost 80 per cent of important cases are now being settled by horse-trading between lawyers of the FSA and the accused company, Simmons estimates.

Robert Turner, a Simmons partner, said that the FSA had been bruised by the Legal & General case. The smaller fines were because the FSA was targeting smaller firms and because of the much greater willingness to negotiate, he said.

However the low fining record may be about to be boosted by a mammoth penalty expected to be levied on Citigroup for its alleged manipulation of the bond market last August.

The FSA said that it took whatever enforcement action was needed and set fines according to what was necessary.

The FSA was forced to halve a mis-selling fine on L&G after a tribunal found flaws in its enforcement systems in January.

[anomalous] 27/6/2005 12:49

I see that JakNife has posted the finals up. The real question is "When if the final date for this company?" When will they have to de-list for failing to capture a reversal prospect. I think we know who can be blamed for this. If Evolution and the other MMs had settled the compensation claims, the AZH directors would have been able to sell the shell as a viable prospect with no bad publicity attached. As it is now, the directors are stuck in a holding pattern with omnipresent bad publicity, waiting to damage any likely suitor. Not an enviable position.

[enforcer01] 21/6/2005 09:33

Whats so funny???

[slashertheslash] 20/6/2005 17:29

Hah ha ha ha ha ha ha ha ha ha ha ha ha ha ha hah, hah ha ha ha ha ha ha ha ha ha ha ha ha ha ha hah, hah ha ha ha ha ha ha ha ha ha ha ha ha ha ha hah, hah ha ha ha ha ha ha ha ha ha ha ha ha ha ha hah.

[anomalous] 15/6/2005 12:26

He appears on the MFW thread to take pot shots at soysoy. But as he's not been 'employed' to attack that thread, his input is strictly limited.

I rather believe that he's stopped most of his activity here, because the MM that engaged him has now been punished by the FSA or will be shortly. He's failed in his task to split us up or disrupt us.

[mgstone] 14/6/2005 14:28

saw him on cst thread a week or so ago.

[werdermouth] 14/6/2005 14:22

@rse$ & elbows at the FSA - if they're confused, is it any wonder the 'consumer' doesn't have a clue?!!!

Anom - have you seen sight or sound of friend jak' recently?

rgds
werder

[Abuse team] 14/6/2005 13:51

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