Coca-cola Hbc Share Discussion Threads

[soggy] 18/9/2009 23:39

I would imagine that if you use an accountant to submit your tax form they could include this as a tax loss. But I also suspect that if, some day, it turns out to be a winner that would complicate things. I really don't know.

I've wondered the same thing.

Cheers!

[moormoney] 18/9/2009 17:54

Can this be used to offset against gains elsewhere now? It seems to have sunk without trace.

[moormoney] 06/9/2009 20:54

Back to sleep on this one--utter shambles is spot on!!

[confusedcoalboy] 21/7/2009 14:36

no idea Soggy, and since the website all but disappeared I have been unable to get any info. The last I heard (and was able to find out) I was waiting on a return call from Patrick Kennedy which never arrived (surprise!), Utter shambles. I might see about going along (I am on a nominee for this one but will see what I can do)

[soggy] 12/7/2009 20:20

I got the notice of the meeting through as well. While there is some hope offered in the document, there is a very clear warning too - it seems the bank is playing ball and has seized assets which they have publicly stated covers CCH's liability to them, however, they have not signed on the dotted line to say that we're off the hook. If they don't do that, and decide to bust us, then that could happen. All we can hope for is that they can be persuaded it's in everybody's best interests for them to allow CCH to continue.

If that happens, well and good - we've got a business. But remember, the vast majority of the business (and therefore our capital) has been hived off to Nil. How, when and whether all that will ever find its way back into the part of the business we own is a different matter. I hope it comes good, but you can't help but wonder given the shenanigans that has gone on over the past two years.

Anyone got any views on what has been going on with that part of the business - has it been trading, has the credit crunch and gloabal downturn had the same effect on CCH Gmb as it has on every other bank in the world???

[moormoney] 10/7/2009 12:47

please go--it might give us some hope of saving our investment! I'm in nominee ac so get no news at all. cash in the bank sounds promising!

[crapcrap] 10/7/2009 10:15

just recieved my notice of agm from barclays, is it worth while going?
best regards
cc

[moormoney] 03/7/2009 22:02

thanks for that info.

[bladeboy] 03/7/2009 18:57

Just received notice of an AGM, they're going to change their name to Oiax PLC. They made a profit of nearly £310k in 2008 and have £3.5M in the bank.
Not sure what any of this means to us though.
bb

[sparky333] 09/6/2009 08:22

Moormoney

we are now nearly 2 years since delisting and the splitting up of the company.

12 more months and we can get the german ops back for $1

[moormoney] 18/5/2009 14:19

Thank you sparky--here's hoping if we are patient we may get at least our money back. The trading was amazing and that's why I held quite a few of these
I think the fraud which is being pursued in UAE may not be the fault of the Nils bros and maybe the action taken has protected themselves/the business and ultimately the patient shareholders!! what do you think or would you say --dream on!!

[sparky333] 18/5/2009 06:28

Aye moormoney

Extract from a conversation with CCH, i would like it fully resoved and then a relist, CCHI Business model was amazing and looks like they are moving back in business.

Quote :-

We are in the process of finalising the CCHI 2008 audit , which shows some healthy operating profit in the Company.These will be released in by the end of May.

The main issue remains the release from the Bank , who are frankly not very approachable at present. We are holding a Board Meeting this Friday with out lawyers to see what actions can be taken to try get this issue moving again.

In the short we have started to look at trading again and are reviewing a small sized transaction that will generate some good revenue over the next six months.

I am afraid it is just a case that we may have to sit tight for a while and be patient. We do believe that the issue with the Bank will be resolved, but it may not be until such a time as other issues surrounding this matter have been finalised in the Dubai courts.

[moormoney] 12/5/2009 14:47

asparks--from your comments on another thread do I take it this is being sorted out and there may be light at the end of the tunnel? I'd be amazed but very relieved!

[granules] 14/3/2009 18:19

Moormoney

Sadly, it is now ,in effect, a private company. Delisted from - AIM? There is now no way the company can issue RNS's even if it wanted to do.

We own shares in a private limited company.


We can attend Annual General Meetings - if we are given notice!!

The 'rules' for a private limited company are virtually non-existant for minority share holders. Nil owns more than 75% of the shares and can alter the company's articles of association at will. We have no say.

And until/when/if it is re-listed we never will.


Sad but true. I, too, believe that they are rogues. But, tough

[moormoney] 14/3/2009 17:15

How can a co. get away with no communications at all to the market and it's holders? surely it should be bound by some rules?

[moormoney] 13/3/2009 14:46

Thanks Sittain---it certainly doesn't look good for us poor small shareholders! I'm glad to read the bank is taking cch to the cleaners though.

[moormoney] 11/2/2009 15:59

:0((( ! all without so much as a goodbye!

[mg78] 11/2/2009 15:56

Moor - as soon as this hit the fan I thought thats it, no come back.

I'm sorry to say it's gone, gone, gone, imvho :O(

[moormoney] 11/2/2009 15:34

No news from the co. I suppose? Can this one be written off as a loss yet? not that I've much in the way off gains to put it against---tom and ive gone as well by the look of it.

[sparky333] 10/1/2009 10:30

AGM was held on the 2nd Jan

and from the annual statements we could be something saved.

[confusedcoalboy] 07/1/2009 13:23

What agm Sparky?