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[raven] 15/12/2004 00:02

Weathers mild gerry for this time of the year.

[shirishg] 14/12/2004 23:53

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[shirishg] 14/12/2004 23:51

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[shirishg] 14/12/2004 23:48

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[shirishg] 14/12/2004 23:45

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[gerry2] 14/12/2004 23:42

tH E R E tH E R E .

idiot ...

[shirishg] 14/12/2004 23:31

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[shirishg] 14/12/2004 23:30

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[gerry2] 14/12/2004 23:29

hear hear ?
LOL

[gerry2] 14/12/2004 23:28

Waited up for me ?
LOL

[shirishg] 14/12/2004 23:26

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[gerry2] 14/12/2004 08:24

Sorry !
Still hear .
What a sad pathetic creature you must be ?

[shirishg] 14/12/2004 00:36

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[raven] 14/12/2004 00:22

R.I.P gerry2

He will be lost.

[shirishg] 14/12/2004 00:18

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[ivor massive1] 11/12/2004 12:04

RAVEN - 9 Dec'04 - 10:38 - 22457 of 22458 (still my hero!)

[htrocka] 11/12/2004 10:21

I read gerry2 URL ..`the register`, ...not too happy with some of the rhetoric we`re being fed,ie, `Energis goes into profit for the first time`...Energis made profits (before interest and tax) of £10m and £18m in 2000 and 2001 respectively.....I wonder if this was mentioned when applying for the `scheme of arrangement`...?...we`ve got plenty of time to check)) I noticed that British Energy have now applied to the courts for an extension to their reconstruction programme...(in view of shut downs with a couple of nuclear power stations).......this indicates that altering the reconstruction plan.....is possible.British Energy are to re-float by the end of January and have announced that it`s going back into the market place with a £262m loss on it`s books, an increase of 300%......correct me if I`m wrong, but wasn`t it debt that took Energis out of the market place?....or have British Energy employed the services of a new wave of creative accountants?.....P.S. the My Travel Bondholders have found a way of circumventing the proposed forced debt for equity vote that is part of the ` scheme of Arrangement`...by not turning up for the vote. The company, My Travel, have now got to go back to the courts to re-vamp the `Arrangement` so that the recon plan can goe forward without the bondholders approval............where theres a will....theres a way.Whereas if all the Energis shareholders, with say an average of 5000 shares (1.7bn minus 0.64bn of major shareholders) had all been notified and presented themselves at the reconstruction negotiations....21,000 people....you would have required a football pitch......and with a majority vote of 1.06bn shares,we would have turned the tide....this is why we were not notified.(pps...in 2000, Energis had a Net Asset Value of 85p a share)ppps. The My Travel scenario is turning out to be very interesting..(and may be assistance to Energis shareholders).the bondholders have leave to appeal to the high court this coming 13th of Dec....objecting to the reconstruction plan.If Fidelity manage to overturn an original high court order...this will have monumental reprecussions throughout the whole world of the bond market...and will then put bonds on a par with shares.....therefore, hence vice-versa will aslo apply....where bond and shareholder will be granted equal vested interests and rights in companies.......we must also remeber last Novembers High Court ruling that bond holders have no economic interest in company`s reconstruction plans.....and Energis` recon plan was made with bondholder approval.....although this was made prior to the ruling...doesn`t make it sacro-sanct...we now have an edge....and with monday and Fidelity`s attempt to overturn a previous high court ruling......who knows what the end result will be for `ex-shareholders`...who by then, maybe, legaly classified as a `stakeholder`....on an equal par with bondholders.

[raven] 09/12/2004 10:38

>FINMAC

Still here.

KCOM looks a very good short term play 75p.

SKP looks solid around 65p looking for 80p plus.

Our friend Tortured Soul has been calling it wrong lately, he lost his arm trading Arm short :-(

Keep in touch.

Regards

DUBYA

[eurofox] 09/12/2004 06:51

yes, the farmer shot him and i've had him for breakfast

[finmac] 09/12/2004 00:11

Good evening folks
Keep up the good work. does anyone know what as happened to Raven
Regards
Finmac

[gerry2] 08/12/2004 19:32

A new CFO :-