Very decent results, revenues up and increase in market share despite overall insolvencies down 26% due to extended Government support for businesses.
Full dividend is slightly more than expected, I had pencilled in 3.9p but it's 4.1p. Strong outlook.
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Oh, and to save others from looking - the supposedly earth-shattering issue with Koovs doesn't even merit a mention. |
Boring. If Koovs shareholders had been more diligent in their stock-picking, perhaps they wouldn't be looking for a scapegoat now.Looking forward to results presentation next week. The market is looking increasingly favourable for FRP, BTG and K3C. |
Some Wally has filtered me for posting factual articles about Geoff Rowley & FRP Advisory They have been investigating Koovs Directors for over 18 months.They extended the investigation due to shareholders concerns but did not cooperate with shareholders who provided them with damning evidence. They have done very little. Slowly being exposed by mainstream media. |
Final results due next Tuesday 27th, with Q4 dividend declaration. |
Investographer20 Jul '21 - 16:53 - 569 of 570 (Filtered)
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Investographer20 Jul '21 - 16:55 - 570 of 570 (Filtered) |
https://www.thetimes.co.uk/article/mike-ashley-heads-to-court-over-debenhams-collapse-x0f0hc9kg |
https://www.retailgazette.co.uk/blog/2021/07/mike-ashley-takes-debenhams-battle-to-court/ |
Uncrossing trade after the close, at a 5p premium over the prevailing offer. |
Do not worry about Lawyers fees son.Organisations are queuing up to fund this scam, as are the journalists.Www.redmist.com |
The case is the latest in a series of examples of alleged conflicts of interest for restructuring advisers as the industry gears up for an expected wave of company collapses when Covid support schemes are wound down. A cross-party group of MPs is investigating concerns that insolvency practitioners’ relationships with lenders, directors and buyout firms create conflicts with their duties to creditors of collapsed companies.
Open your eyes guys there's a bigger picture here - the whole industry is now being investigated.... the conflict is real and will be exposed.
Don't say you weren't warned when this tanks - may not be today may not be tomorrow.... but it will. |
Alter ego; I do entirely take your point about not giving this individual the oxygen he craves.
Tricky balance, but it's a dilemma when he's making serious allegations like this - and should you let outright lies just stand, unchallenged? Anyway with the FT printing the story, he's had his moment of fame which will perhaps partly compensate for the lawyers' fees he'll be liable for. |
To the contrary, they have commented thus: "In response to the lawyers’ claims, a person briefed on FRP’s decision-making regarding the administration and sale said SGIK was the only bidder for the company meaning the only alternative would have been to shut down the business with no value recovered"
Sounds like our obsessive poster is going to compound his losses in Koovs by chucking more money away on lawyers' fees. One of the biggest problems of our times is the blame culture; failure to take responsibility for bad decisions (especially financial ones) and instead seeking to pass the blame for their own lack of judgment (and sometimes just sheer bad luck) onto others.
Sad. Anyway the lawyers will be delighted; a nice little earner for them. |
If these allegations were false, the press, shareholders & Seth Freedman would have been sued by now.Why have Alli & FRP refused to comment- think about it ; ) |
I have no time but make a long response anyway lol. |
I have no time for people who invade a message board and dominate it with their obsessive opinion ( whether correct or not). Having made your point, why is it necessary to continually repeat the issue to the extent that it drowns out any other opinion? My solution, use the filter button and do not respond. Response is their oxygen, giving them the opportunity to come back again and again. Deprived of oxygen, there is no satisfaction to be had.
I haven't seen any of the recent posts and will continue to filter the multiple identities that pathetic folk mistakenly think will allow them to reach me. |
I am not investographer - I guarantee that an Administrator being removed for misconduct is far from tedious !
Yes legal matters take time but that is par for the course sadly.
Lets see if FRP close the administration or attempt a further extension hey? |
Yes it's in the FT. Now perhaps you and your various aliases will be happy to let due process occur without obsessively going on about your single issue, which clearly you have a financial interest in but is relatively minor and tedious for the rest of us?
Probably too much to hope for but we shall see. |
Hey bluemango- you read the FT today?Looks like the other poster was right after allThe letter to FRP said it was open to our clients to apply to the court to remove and replace the administratorsThis is just the beginning- mark my words! The truth about these practices is being fully exposed. |
I have not heard of any newspaper articles about FRP or Geoff Rowley, but if true, Rowley is done & dusted.I just can not see how he can get out of this mess now. Did not realise he was so well known for all the wrong reasons. |
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