Coca-cola Hbc Share Discussion Threads

[soggy] 27/1/2013 22:16

Well I got the accounts sent to me last April, so perhaps they will do the same again this year. Despite the reality of the situation, I'm actually quite hopeful that one day we might get something back out of this disaster. The co. is still making money, and they were trying to get that bank loan which would sink us completely re-negotiated...perhaps even declared unenforceable. And 2 years ago the shares were in fact worth about 30odd pence in terms of the cash and assets.

But it is galling that there is no info and no way of getting any.

[moormoney] 27/1/2013 19:11

dstm--nothing to contribute then! Loverat I agree as some shareholders have received communications which appear to show the company is thriving. I tried to find Eren Nil on linkedin..I know he's there! Surely even if the co is now private they can't just ignore shareholders?

[loverat] 24/1/2013 06:02

I think it's about time after 5 years that shareholders should have a proper update here. Not by phone to individuals but to ALL your shareholders.

Are any directors available to provide one?

[moormoney] 31/10/2012 20:56

CCH--ROBBERS---I hope the witches get them tonight!!

[moormoney] 26/10/2012 14:47

Anyone got an update on what has happened to this company---what a lowlife Eren Nil has turned out to be!!! Robbers.

[soggy] 28/4/2012 10:18

I searched for him and he's been posting recently on the Afren thread, so I've left a message for him there inviting him to come over here.

[moormoney] 26/4/2012 14:42

A good read so thanks again soggy. It seems to me as you say a glimmer of hope and plenty of money just sitting there--if they can get it released we may see a satisfactory conclusion. I will do some checking. Scrutable had a large holding here---I wonder if he knows anything?? are you out there scrutable?

[moormoney] 25/4/2012 22:03

Cheers soggy will do.

[soggy] 25/4/2012 21:58

moormoney - email me on [e-mail] and I'll send you the scans I did. Same for anyone else who couldn't view the uploads.

[moormoney] 24/4/2012 13:50

Interesting that you received anything--nominee holders are left swinging in the wind! I would guess no one to account to now so they can pay what they like--to hell with their investors and yes I'm bitter!!

[mister md] 24/4/2012 12:54

Received the Oiax Ltd report - I noticed that salaries for the 3 members of staff went up from 100k to 300k, what was the reason for this threefold increase ?

[moormoney] 20/4/2012 13:46

If anyone could post the main bits I'd be grateful as I can't access the links any good news I'm pleased!

[confusedcoalboy] 20/4/2012 12:51

I wrote these off a while ago, seems there's more than meets the eye. Cheers for the updates. Must dig out the share certificate FWIW.

[soggy] 07/4/2012 13:24

Here's the bad news...my OCD software just won't play ball today. Here's the good(ish) news, I've scanned the report in full but it's saved as jpegs. Sorry chaps!

It should be visible to all by clicking on this link. (or cutting and pasting)

https://docs.google.com/open?id=0B9BECddWdnEnVkxXWWFfSjRRcDJBdUJKNlNuZW9iUQ

If it doesn't work I'll try again - never used google's "docs" facility so still trying to get it to act as a drop site. (I miss dropio!)

The story is more or less told in full in Richard Fossett's report and especially in note 16 to the accounts (jpeg #25)

Sorry it's not a doc file I could email you, but it should be legible.

I'm away for a week from tomorrow - so I hope that someone will have got some kind of handle on the figs. - and maybe even concluded something nice!

Happy EAster one and all - eat your weight in chocolate!

[moormoney] 06/4/2012 22:48

I am not qualified to pass comments on that regarding share value versus cash in the bank but I.m sure many on these boards could. If there is increasing cash in the bank and some form of activity what is preventing a realist so we can have the chance to sell up. It has never been fully explained why the co got into trouble in the middle east and ownership was suddenly passed to Erins brother for one pound! Suspension and a disappearing act followed and complete silence. No wonder Aim directors have a bad reputation!
It would be very useful if you could post pages on here plus any contact details as I have got nowhere with my enquiries so again well done soggy.

[soggy] 06/4/2012 15:50

I'm not sure quite what to think about the value of our shares (I sank £5k in, a lot less than your 20!). When R. Fossett replied to me last year he reckoned there was around 35p per share in the value of the co.

If - and I stress that I really don't know whether it works this way - the cash at bank and in hand has gone up from £2.4m to £6.4m, does that mean the value per share has increased correspondingly???

The accounts also state that during the period the Company cancelled 40,455,039 ord. shares as part of the ongoing reorganisation.

But I don't quite understand the nuances of the authorised, the allotted, called up and fully paid shares and the deferred A and deferred B shares.

If I get a chance I'll scan a few of the relevant pages and try and post them. Perhaps those of you who can read co. accounts will make more sense of them. Unless some other kind soul can do so.

[moormoney] 06/4/2012 15:05

Thanks soggy as I hold in a nominee ac I do not get any notifications so I am grateful to hear from you that something is still going on. I have over 20k mouldering in this company it would be great if even a fraction came back to me. The co appeared to be doing so well!

[moormoney] 18/3/2012 23:42

Thanks Soggy--will do.

[soggy] 18/3/2012 20:01

For what it's worth, your posting prompted me to look back at the email I received from Richard Fossett - and I was surprised to see it was back in 2010. Since then I have heard nothing and not seen another set of accounts. I assume that nobody else has either??

I have just emailed him and asked for an update on the legal issues and whether there are any plans to relist or to allow shareholders some way to realise their investment. I've also asked if there are more current accounts which I haven't received.

If I get an answer I'll let folk know. Perhaps others might like to do likewise. [e-mail]

[moormoney] 18/3/2012 01:03

Still no word from the robbing bar stewards that disappeared into thin air with a chunk of investors money! No way to contact them. Where are the Fsa when you need them! Erin Nil hang your head in shame.

[moormoney] 14/7/2011 20:18

Still seems as though this company is dead. No communications yet it appears to be still trading under a new name and is still listed on my selftrade holdings. Why? Does anyone have any more info? I cannot at the moment use the losses a in limbo.

[moormoney] 06/5/2011 20:57

Thanks Extrader just maybe all the problems will be settled soon. I hold in nominee with selftrade so I'm hoping anyone who gets paper communications will post on here if any progress is made.
Surely the co is duty bound to report to shareholders as it is still trading as a private co. Erin Nil is on Linkedin I'm told so if anyone is a member please would you ask the right questions!!
I'd like to telephone or email if I could find contact details.