B.s.d Crown Share Discussion Threads

[plake] 18/10/2018 16:34

You could email the chairman, He has replied to me on the past.

[callumross] 18/10/2018 12:08

Anyone else found difficulty obtaining their accounts? The RNS refers investors to them having been published on their website but the website has been down for a couple of months!

[woozle1] 23/8/2018 20:47

What was the price?

[grahamburn] 23/8/2018 20:12

And at a price well below the market quote.

[jimboyce] 23/8/2018 18:04

Wow 5% of company has changed hands. 5.5m shares.

[jimboyce] 15/8/2018 14:57

Willi foods released outstanding results today. Perhaps it's owner should benefit?

[woozle1] 05/6/2018 17:34

They'll make a Netflix series about this company some day!

[jimboyce] 05/6/2018 17:06

YAVNE, Israel, June 5, 2018 /PRNewswire/ --G. Willi-Food International Ltd. (NASDAQ: WILC) (the "Company" or "Willi-Food"), a global company that specializes in the development, marketing and international distribution of kosher foods, today announced that it has been notified by its independent public accountant, Brightman Almagor Zohar & Co. Certified Public Accountants, Member of Deloitte Touche Tohmatsu Limited ("Brightman"), that the client-auditor relationship between the Company and Brightman has ceased. This notice was due to Brightman's inability to satisfy auditor "independence" requirements. Brightman also ceased its client-auditor relationship with Willifood Investments Ltd., the parent of the Company (the "Parent"), and of BSD Crown Ltd. the controlling shareholder of the Parent ("BSD").The inability to satisfy independence requirements results from a notice Brightman recently received from BSD stating that the Board of Directors of BSD had resolved to file a claim in the coming days against Brightman and others based on the causes of action included in the application for a derivative action filed in July 2016 against BSD, the former controlling shareholders of BSD, directors and managers of BSD (none of whom is a director or officer of the Company or the Parent) and the auditors of BSD.In light of the notice of resignation from Brightman, the Board of Directors of the Company has resolved to call a general meeting of shareholders to recommend that the shareholders of the Company appoint BDO Israel as the new independent public accountant of the Company.

[waterloo01] 05/6/2018 16:40

Where's that from?

[jimboyce] 05/6/2018 15:39

BSD to sue Its Auditors. New Auditors are to be appointed following Shareholders approval.

[jimboyce] 24/5/2018 15:23

Personal holdings increased by 3% in BDS not Wilco. Do they know something?

[jimboyce] 24/5/2018 15:08

BSD own a big part of Wilco.Just look at the results issued today for Wilco.Surely this massive rise in profits should result in a massive rise in the value of BSD.I note that the Willingers have increased their personal holdings in Wilco by 3% each.When will BSD be rerated.?

[callumross] 03/5/2018 12:53

Just bought a few. Even allowing for all the shenanigans this looks well undervalued.

[woozle1] 31/3/2018 15:04

Just read all the updates and you could make a movie about this saga. The only hope is that the threat of jail - and for a very long time - will get the money back. Also these guys simply may not be able to get the money as no one really knows what it's been used for.
w1

[woozle1] 31/3/2018 14:10

I think Israelis have a word for investors who actually believe what management say to be true, idiots!

[jimboyce] 14/3/2018 14:25

Profits at Wilco up 94% in 2017. Shouldn't this be reflected in its majority owners share price?No mention of any divi though. Hmmmm......

[jimboyce] 22/2/2018 14:58

Now why would somebody want to buy 30k shares today.Hmmm perhaps something brewing. Hang on in there.

[jimboyce] 17/1/2018 11:18

You may be surprised at the lengths people, faced with harsh prison sentences, will do to avoid being locked up. If they have benefited, then the cash/ assets is somewhere else. 60 million just doesn't disappear, it will be in other assets and investments that can be sold. I guess that these guys are already wealthy individuals, so let use their own assets and cash to repay BSD.

[waterloo01] 17/1/2018 11:07

Because these guys are crooks (as were the previous lot) and the money is back in Ukraine. BSD won't see any of the money. I'm sure you also know that they consolidate accounts so any money in the accounts is actually Willi foods cash (or 62% of it).

[jimboyce] 17/1/2018 11:05

Hi waterloo01I agree that it will be difficult to get it back from the banks, but if the accused have benefitted, then they should be persued, and if they face a term in jail, that might just trigger a repayment. It worked in Saudi.

[waterloo01] 17/1/2018 10:59

But the money has long gone and it won't be coming back. This is an admission that they won't get any from the bank (s). Plenty either have been, should be or will be in jail. Doesn't mean BSD will see any money.

[jimboyce] 17/1/2018 10:23

See today's update.60 million dollars = 45 million pounds.That alone is 40p a share, ignoring the value of willi foods.So if all of this was recovered we should have a share price of 80p a share.This will roll on but if the accused are threatened that they are to be sent to jail, then I guess they will cough up.The saga continues.

[jimboyce] 04/1/2018 17:00

BSD market cap £22m. Willi foods market cap £70m. BSD own 62.5% of Willi = £44m.Therefore ignoring any cash held by BSD, then the share price should be about 40p a share. Today the share price was 20p.A rerating is due.By the way what does BDD do with the divi it gets from Willi, surely that should be given back to BSD shareholders. I will ask the management.

[ragewarrior] 29/12/2017 13:28

Good to see these are at last trading again... ?