Coffee Republic Share Discussion Threads

[madre] 18/9/2009 13:12

WS talking about being up someones bottom how is your mate CR Direct? You have lived long enough up his!:-)

[jonc] 18/9/2009 11:49

But the real shareholders chose to listen to the likes of JAF, JonC, PJWearer, madre, slimeboy, paulhammond and all the rest of the bum clingers.


+++++++++++++++


As it happens ws I did suggest to shareholders that they be cautious in continuing to buy CFE shares but was accused of deramping to try and buy in cheaper so I shut up. This suggestion was made on the email ring that was/is running.

[winning_streak] 18/9/2009 11:46

I could call you far more Madre. You appear anywhere else with your ramping and your reputation has gone before you. Stay up Barstletts bottom where you well and truly belong. You and all your cronies have managed to lose a lot of people a lot of money. Hold you head up high, be proud. I hold other companies so keep an eye on ADVFN, what's your excuse?

[madre] 18/9/2009 08:53

WS give it a rest you boring old codger!

[winning_streak] 17/9/2009 15:52

Maybe, and I know I shouldn't say it but, if the right people had made the right noises 18 months ago, this may not have happened. But the real shareholders chose to listen to the likes of JAF, JonC, PJWearer, madre, slimeboy, paulhammond and all the rest of the bum clingers. Funny thing is, JonC made an appearance on another thread I have an interest in. So, make a list of all the rampers from here and make a note NOT to listen to them in future. Lessons learnt. And, if every you have the misfortune to come across Barstlett in the future .............

[aussiedonnie] 17/9/2009 11:58

I remember back in 2007-8 Barty said to us all on these BB he wouldn't let us down - and all those ;-) he posted, what a xxxx. Well here's what my broker said today.

COFFEE REPUBLIC - Important Information





Further to the Appointment of Administrators on 7th July 2009, we have received notification that Coffee Republic shares are no longer eligible to be held within the UK Settlement System.


Important Information & Other Key Dates:

We have therefore removed the Coffee Republic shares from your account.




P.S thanks Barty for leading us up the garden path.

[ydderf] 08/9/2009 18:38

on the contrary crookney.........

[carwhite] 20/8/2009 17:53

CGNY UP A WHACKING GREAT 150% SINCE I MENTIONED IT HERE LAST WEEK.

Not many penny stocks around like this one to get your losses back.

[carwhite] 19/8/2009 17:14

Just another polite reminder on CGNY its a good bet to get some of your money back!

[carwhite] 13/8/2009 20:18

Just a polite reminder about CGNY. The company is undergoing a transformation and is well worth a peek.

[crdirect] 13/8/2009 17:07

coffee
barty isnt a salesman .the majority of the money he got was from people who trusted him and invested in his dream.yes they were in to make profits and took a risk but the lies about the position leave a sour taste.

he was all about ego and greed and thats what got the company in a mess.i think bobby well and truly made him luck like the mug barty made us look like .

[coffee911] 13/8/2009 15:46

If they had told Barclays to accept 5p in the pound, rather than say 70 or 80p, they could have saved themselves a great deal of money which they could have used to buy the company from the administrators. My guess is that Barty and Breach genuinely thought they could play hardball with the landlords, who ultimately called their bluff.

[jockblue] 13/8/2009 15:35

Agree with most of what you say C911 but I'm not sure what sort of position CFE was in at the back end of the year to negotiate with Barclays. If they had no cash, it's difficult to come up with any form of bargaining chip that will let them support you other than going along with it. Banks currently are very keen on only lending short term - so agreeing to a position going forward and backing it up with a placing may have been CFE's only option. The fact that Barclays took a bath indicates that CFE didn't give up without a fight though. Sadly all it did was postpone things for a few months.....

[carwhite] 13/8/2009 14:22

what do I know of scrutinising accounts?

Just enough to make me get out when I did!

[jaf1948] 13/8/2009 14:11

Let's assume a person takes out a lease for 10 years at £10,000 p.a. He has an income of £10,000 so he has no debt. After paying one year (£10,000), that person is declared bankrupt. The court will then state that he has losses of £90,000 even though he told no lies by saying that at the end of year one he was debt free.

This is a hypothetical example. I am not posting anything about Coffee Republic again.

[winning_streak] 13/8/2009 13:35

ok, anyone want to post anything on here to start with? cw, what do you know of scrutinising accounts? Would hammond like to make any comments? jaf, jonc, madre, jamesclive, pjwearer, nectarios? Can anyone explain the £3m losses so soon after the "debt free" position was announced?

[carwhite] 13/8/2009 12:55

Simple, gather your eveidence, and also thoughts, and ring them up with your
suspicions.

[winning_streak] 13/8/2009 10:40

How does one organise that then cw?

[carwhite] 13/8/2009 10:20

To me it is simple and I am glad I sussed it before getting involved with two franchises and sold.

The Barclay deal triggered it off for me as it was obvious that Barclays was pulling the strings and the management was weak enough to let them to so.

The criminality, in my opinion came after the deal with all the hype from Barty and his boys, that the company was now well positioned when clearly a proper scrutinisation of the accounts told a different story...the sad results of which you are suffering right now.

No doubt, in my my opinion of course, the SFO should be called in.

[winning_streak] 13/8/2009 09:26

Do you have any ideas how this came about then cw?

[carwhite] 13/8/2009 08:59

a debt free company making 90% profit on a cuppa and still goes bust....all is not clear.

[winning_streak] 13/8/2009 07:31

Don't be daft Dan, JAF has always said he is happy to pay in his money and trusted management to do the managing. I think hammond has a better idea - he was the one who was posting all the "detail".

[crdirect] 13/8/2009 06:26

makes u sick when u look at the amount of placings and cash raised and the fact in december the placing which told shareholders it would make them debt free.forgive me but losing 3 million in five months thats going some ..perhaps jaf can explain where the management spent it all