B.s.d Crown Share Discussion Threads

[m welsh] 01/4/2021 11:32

Just instructed my broker HL to vote against all three resolutions

[hotfinance14] 25/3/2021 15:55

One thing I do know is this Isreali lot will screw shaeholders.

[m welsh] 25/3/2021 12:42

Does anyone know when 2020 final results will b released, I thought it should be about now

[jimboyce] 24/3/2021 22:17

Can some one explain in plain English what this means.With respect to the Merger, Shareholder Approval requires a 75% supermajority (the "Supermajority") of the votes of ordinary shares present, in person or by proxy, and voting (excluding abstentions) at a general meeting of shareholders, provided that either: (i) the Supermajority includes at least a majority of the votes of shares held by shareholders who are not controlling shareholders and shareholders who do not have a personal interest in the approval of the subject transaction; or (ii) the total number of votes of shares of non-controlling shareholders and shareholders who do not have a personal interest in the approval of the subject transaction and who vote against the transaction does not exceed two percent (2%) of the aggregate voting rights in the Company.

[m welsh] 18/3/2021 12:57

Under the Israeli companies law, the Merger will be subject to the approval of the holders of at least 75% of the shares present, in present or by proxy, and voted at the meeting, as well as the approval of a special majority of the shareholders of the Company other than the Controlling Shareholders

Well I will not be accepting the 30p offer, will be surprised if they get the 75% they require

[waterloo01] 17/3/2021 16:58

Wonder what happens when they don't get the 75% vote (they are excluded from voting)?

[m welsh] 15/3/2021 15:37

BSD Crown Ltd (The "Company")

Ramat Gan, 15 March 2021

Following previous notifications, the Company hereby provides notice that on 11 March 2021 the FCA approved the Company’s request for a further temporary modification of LR 14.2.2R for a period of 90 days (with effect from 11 March 2021) in order to allow the Company to undertake the necessary steps to complete the merger proposal currently being discussed with the Company's controlling shareholders, pursuant to which, if it is duly approved, all of the shares of the Company held by all shareholders other than the current controlling shareholders will be purchased by the controlling shareholders, and the Company will be de-listed from the Standard Segment of the Official List

Enquiries: Joseph Williger

Active Chairman of the Board

Another 90 day wait for us poor holders

[jimboyce] 02/3/2021 11:06

I will wager that there is no CEO in place by 31 March. So the remaining board can take all the decisions relating to the proposed merger of Willi and BDS.Just throw in a spanner or two to disrupt the market.

[jimboyce] 02/3/2021 11:03

First part of the game....sack the CEO.

[wizzkid211] 02/3/2021 11:00

Exclusive to Calcalist
In less than four years: a fourth CEO leaves Willy Food
The company's CEO Einat Peled resigned from the position after only a year. It was preceded by CEOs Irem Graver, Tim Cranko and Michael Luboszic, who managed to hold the position for relatively short periods.
Holy light09:5402.03.21
Tags:Willy FoodEinat Peledresignation
At the end of only one year of her tenure, Willy Food CEO Einat Peled has resigned. Peled is the fourth CEO to replace the company in recent years.

Willy Food CEO Einat Peled Willy Food CEO Einat PeledPhoto: Omar Wieder


Peled was appointed CEO of Willy Food only a year ago, replacing Michael Luboszic, who resigned at the end of his two-year tenure.



Prior to that, Iram Graver served as CEO. In June 2017, the Williger brothers regained control of Willy Food which they founded and sold twice over the years. Upon their return, the Williger brothers fired Graver, who sharply criticized their business conduct.





Additional content


Despite the loss of sales to the institutional market that was largely closed due to the corona crisis, the food importer entered the third quarter with record results. Willy Food's sales, managed by Peled Shapira, grew by 17.4% in the third quarter to NIS 111.9 million. The recovery in the markets allowed Willy Food to reduce the losses recorded by its securities portfolio, at the height of the corona crisis, and helped the company sign the third quarter with a 110% jump in net profit of NIS 12.4 million.

Willy Food, which lost the flagship brand "Lorfek" about two years ago, in favor of Strauss, has fully overcome the damage and shows, in the past year, according to Sterncast data, growth of 26.6%, while the market grew by about 9%.

[wizzkid211] 02/3/2021 10:57

[...][...]
Fourth CEO in 4 years...!

[jimboyce] 02/3/2021 10:01

I think all will happen this month with results due by the end of the month. Some games to be played by then.....

[m welsh] 26/2/2021 13:11

Does anyone know when they will release 2020 results !!

[m welsh] 23/2/2021 11:11

Slowly creeping back up, do they know something we don't !!

[barbee] 11/2/2021 22:57

This company has been run by crooks ever since GEO became EMBLAZE. The company was taken for a ride with Microsoft and Apple both winning legal battles.Now the end for the private investor is in sight. This is just organised crime under a legal framework. The Aim market is not regulated enough to prevent this happening. Unfortunately I am about 97% down on this share.👿

[wapit] 11/2/2021 16:41

As u probably already know, if BSD crooks have 90% of BSD then they can compulsory buy the remaining 10% at the offer price & cancel your share certificates.

[waterloo01] 11/2/2021 13:14

M Walsh, I would think you run the very real risk they will just take it off (be thrown off) the exchanges and you will own part of a private entity, with even less visibility (if that's possible)

[m welsh] 11/2/2021 13:05

I assume we the remaining 15% of shareholders will get to vote on this offer. What happens if we all vote "NO" !!

[jimboyce] 10/2/2021 14:20

It's not just unfair it is theft.

[valuewinsout] 10/2/2021 13:18

I am fine with that, but explain that you are another shareholder/add your personal details, because otherwise there is no proof we are not the same person.

I have just spoken with Joseph Williger (Chairman of BSD Crown) on the phone, after I called up to check if he had received my letter.

He made three main points:

1. He purchased the BGI stake at a price of 24p / share
2. An independent audit committee established the 30 p/share offer price. He said that the independent valuation documents will be shared to the shareholders in advance of an AGM to vote on the offer
3. At the AGM to vote on the offer, the shareholders can take it or leave it!

I explained that I thought that the offer was unfair. So it will be interesting to see how the independent audit committee came to their valuation.

[barbee] 10/2/2021 11:49

Valuewinsout your post is really well presented. Would it be ok to copy and paste the body of your letter and send it to Yossi?
I have owned these shares since the beginning (Emblaze )days and have lost out so much . To have what little We own undervalued so much is criminal !!! Best Wishes.

[hotfinance14] 10/2/2021 08:46

Thanks Jim.

[jimboyce] 10/2/2021 08:43

[e-mail]

[hotfinance14] 10/2/2021 08:30

Surprisingly the share price is now at 30p.

Does anybody have an email address for the director so that I can contact him ?