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[edward3] 01/7/2005 16:35

Jaknife .........yyyyyyyyyyyyyaaaaaaaaaaaaaaaaaaaaaaawwwwwwwwwwwnnnnnnnnnn

[farsight] 01/7/2005 00:32

Hi Finmac. That's the system I'm afraid. It's full of sharks, and justice is something of an illusion.

I see JakNife is still here. Real noble of you to give your advice for free, lol.

[finmac] 30/6/2005 18:59

Good evening folks,
I have to say that given the financial state of the "New Energis" I don't hold much hope of getting anything back from the Old Energis.I wrote my investment of in Energis a long time ago. Never the less I still believe we were robbed and I for one will be loosing no sleep, if the bond holders get nothing back, serve them right for being so greedy in the first place.I still believe, that the fact that a company goes from negotiating a 780 million line of new credit,has a billion pound turnover and in the Footse to Administration in so short a time, has never been properly investigated
Regards
Finmac.

[gerry2] 29/6/2005 16:45

aljabal

If You are serious ?
double click on the link at the top of this thread.

[aljabal] 29/6/2005 16:17

gerry,

I am working abroad not in jail.
please tell me what's going on if you can.

thank you

[gerry2] 29/6/2005 13:59

aljabal

LOL
Where have you been ?
Have You just been let out of Jail ?

[aljabal] 29/6/2005 11:16

Dear all,

I hold more than 100,000 shares of energis more then 5 years ago.
Can someone tell me if it's back to the market and what my shares worth at the moment and what's egs solution? is it the same company?
thank you in advance

[edward3] 26/6/2005 22:10

Norman is offered £50m deal to join Wm Morrison
Richard Fletcher



DAVID JONES, the non-executive deputy chairman of Wm Morrison, will try to lure Archie Norman to run the troubled group with a remuneration package that could top £50m over five years.
But Norman, former chief executive of Asda, has told friends he has been embarrassed by speculation that he is to join the firm, which is run by Sir Ken Morrison.



A friend said: "Sir Ken was very kind to him when he was at Asda and Archie has enormous respect for him."

Norman, who stood down as a Tory MP at the last election, has been looking for a lucrative private-equity role rather than a job in the quoted sector. However Jones hopes to lure him with a huge package that would award him 1% of any increase in the group's market value.

Morrison was worth nearly £7 billion when it completed its takeover of Safeway, but five profit warnings have hit it hard. On Friday Morrison shares closed at 185½p, putting a value of £4.9 billion on the firm.

But analysts believe that Norman could increase the value of Morrison to £10 billion over five years - a result that would net him £50m under the scheme being devised by Jones.

Last week Sir Ken was forced to accept the appointment of three non-executives after a tense 10-hour meeting with Jones. Some of these new non-executives have met to discuss the public row between Jones and Sir Ken. Healing the rift, one said, was "the No1 priority".

Norman also faces the distraction of a possible bid from Cable & Wireless for Energis, the telecoms group he chairs.

[htrocka] 26/6/2005 14:49

I see Energis made the Sunday papers twice this week...The Times, Pluthero`s joy with the Ofcom regulators decision to curtail BT`s wholesale prices.....and secondly, Energis drops to 43 from 38...it`s position in Britain`s 100 biggest private companies....based on sales. One below kwik fit, that has gone from position 100 to 42 but above Virgin Rail at 53. Last years place of 38 is now occupied by `Focus DIY`
Energis is classed as a Telecom Provider, with profits of £10m with its shareholders as `Consortium of 16 financial instituitons and management`....(previously myself along with about 50,000 other small shareholders)


pps...I wonder how many of these `16 financial institutions` still hold the original Energis shares?....and which of these shorted the stock towards the end of company trading?....and on what grounds theses institutions make a claim as creditor to Energis? and what percentage this 16 also had equity interests in Energis?.

[htrocka] 26/6/2005 04:39

This gives you an incling of how the system(ie, the old boy network) operates.



Small shareholders accuse the Government of wishing to push the company (Railtrack)to the wall in order to obtain control of the railway network without paying for it. "Pushing the company into administration was a cheap way of getting hold of the assets without paying compensation," a legal adviser to Railtrack Private Shareholders Action Group (RPSAG) said. "Byers was acting in bad faith towards the shareholders and that can be equated with dishonesty."

The shareholders allege that Byers "devised a scheme by which he intended to injure the shareholders of Railtrack Group by impairing the value of their financial interest in Railtrack Group without compensation and without the approval of Parliament."

p.s I remeber stateing in an earlier post that we`re going through a cycle...to which some half wit replied.`would that be a bycycle`....well it is emerging that as a result of the global oil fiasco,ie, American companies buying up oilfields around the world just to have the Chineese makeing back-door hostile bids for the said company... the un-stopable expansion of the Asian economies soon to be followed by the explosion in growth by debt free Africa not to mention the capitalisation of Russia, the growth of it`s idependant satelite countries and the amalgamation of European states with the expansion of NATO..... the cost of fuel being sustained at above $50 a barrel and the begining of a ten year gold bull run, then if we manage to overt a recession with it`s following inflationary period, as a consequence of all these factors happening at the same period in time then we`re headed for a `super-cycle`....apparently these occur about once every two hundred years.....The Industrial Revolution being the last one.

[gerry2] 24/6/2005 17:01

htrocka

Rearrange these words to form our current Status :-

are a Paddle up Creak S*it Without We .

[gerry2] 24/6/2005 16:01

DOG EAT DOG :-




LOL

[gerry2] 24/6/2005 15:52

jacknife
To Be Blunt !
LOL
I would like to take this opportunity to Wish YOU and them all the Happiness in the world .

[htrocka] 19/6/2005 14:28

The Sunday Times have come out with an interesting story....namely investingations into the role of hedge funds...that trade in both debt and equity of the same company, who have been mis-using their positions by using information gathered from the debt factor of companies then applying this information to determine and direction to take in the equity stake of the same company....This brings to mind the part played by the banks, who not only backed and financed Energis, therefore became creditors, but also had equity stakes in the company, ....the bottom line being that as the discussions were ongoing....the shares were shorted down to .9p.....THIS MUST BE INVESTIGATED BY THE ESAG......AND IT WAS THE COMPAPNY THAT FINALY STOPPED THE SHARES FROM TRADING......why was the company allowed to carry on trading to 4;30 tuesday afternoon?....was it to give the `old boy network` time to short the stock? . We need a list of all shareholders prior, during and after the reconstruction discussions, under the freedom of information act to determine the role that each dumping share holder played and note if he/she was involved as creditor within the restructuing meetings, hence privvy to information as a creditor that was being used as a shareholder?......By the time that the decision was made to stop trading in Energis shares....not one institution was left holding Enrgis shares.....as the cliche states.....that was more than lucky.



p.s...I see Lapthornes put on a bit of weight since I saw him last.....but I suppose I`d be the same if I had ,as he has, millions of C&W share options at 42p.( and turn them into £1.47p within eighteen months)...and the strange point being that when he took control of C&W , from the outset, he hinted that the end game would be a `sellout`....and so it is....I wish Archie Norman could be as succesfull as Richard Lapthorne. ....but then again Richard is a very big and dangerous preditory shark.

[shirishg] 19/6/2005 11:20

Post removed by ADVFN

[gerry2] 19/6/2005 11:01

thy555 - 19 Jun'05 - 10:54 - 22605 of 22605 (Filtered)


Thanks Wraith Brain .
Another Nickname from your lineage added my list .

LOL


ps
don't bother about replying you idiot .

[shirishg] 19/6/2005 10:54

Post removed by ADVFN

[htrocka] 19/6/2005 06:54

well it looks as if that`s the end of another story....any potential tie up with Cable and Wireless will have to take a back burner, put on hold or become a total no-no..It looks as if C&W have problems of their own.

from todays Telegraph...

"France Telecom are attempting a £4bn takeover of C&W."

It will take all their efforts and resources to reject the bid....if the price is not right, however if France Telecom`s bid succeeds...we have a new and larger preditor in the telco arena.This may alter Energis` strategy as to the way forward as the new company have pledged to cap aquistions.