Gable Hldgs Share Discussion Threads

[luckey jim] 29/5/2018 13:25

I have heard that he goes now under the title of Lord Dewsall.

[solarno lopez] 25/8/2017 11:19

GarbetLB and Eezymuny were so right about this stock their analysis was spot on well done chaps

[solarno lopez] 25/8/2017 11:11

Wonder when the FCA will be reporting

[solarno lopez] 18/8/2017 10:05

It won't , he is in the shadows whilst he sorts out his mess at Gable

[garbetklb] 04/8/2017 22:15

Solarno - a quick look on Google doesn't reveal anything obvious

[solarno lopez] 04/8/2017 08:15

Heard he is fronting an American insurance company

[adyfc] 04/8/2017 08:13

Last i heard he was out giving it the biggun on his yacht after a game of golf.

[garbetklb] 02/8/2017 12:31

Good point Solarno - I wonder if any holders have heard anything from the company - annual / half year reports etc.
I'm pretty certain it will be a total loss, but I'd be v curious as to what is being said. I've not looked, but wonder what the Lichtenstein regulator is doing - they were totally out of their depth and past experience trying to regulate a company like Gable.

[solarno lopez] 02/8/2017 10:59

Anyone heard anything abut Billy Dewsall and what he is doing ?

[luckymouse] 03/6/2017 13:42

I don't agree - with 10,000 hrs practice - i would say it's all in the chart & news - you just have to know where to look, have a terrific set of news rules, profile caveats plus some risk mgmt

The issue is rather, most folks don't want to put in the 10,000hrs, don't develop the TA skills, don't follow a great set of news reading rules, and don't adhere to a wise list of profile caveats or risk mgmt - imhv

I also note you have been posting under that handle for less than a mth

free stock charts from uk.advfn.com

[plasticjohn] 25/5/2017 12:44

Luckymouse: all you're doing there is attempting to fit a pattern to the outcome after the event. It's an approach that will never work except in retrospect.

[luckymouse] 20/2/2017 23:46

Just trying out a new signal system on a whole bunch of different stuff - different timeframes, assets, indices etc - and yep - on the weekly (daily too but messier) - it gave a clear sell signal one month prior to the results 11Sep2014.

Wish I had known that particular trading system back then - could have retired on that short lol

1. Over Extension 2. Divergence 3. Turn 4. Break

[effortless cool] 09/2/2017 14:38

Good luck to you too.

[luckymouse] 09/2/2017 13:49

Hi guys, you are both very experienced & been through a few hedges :) So i genuinely respect your opinions.
You have overriding reporting events, macro events, and political rotation events, and TA for the space in between - which is 80% of the time. Provided the mkt is transparent, and there is some liquidity, the pre tells are in the chart for sure - but only for the advanced viewer - takes ages to learn unfortunately. In this case the best signal was in the mthly - which few look at - so almost impossible to spot!
(EDIT: and weekly - see below - not so impossible to spot after all - doh - eats part of hat lol)

The news overrides for sure - esp if there is positive or negative surprise. So when there is real transparency the TA works, when there is surprise it doesnt. And skill in reading the rns contents, the 'personality' of the rns, and what that means in terms of co growth life cycle in particular (start of a new cycle or end of one), then becomes the main read. So i agree with you in this case, because of the surprise & because the rns personality was disingenuous, and because the growth life cycle ended. Of course there was also the offshore profile..

I hope your other investments are running well
ATB LM

[garbetklb] 09/2/2017 08:52

I don't know much about charting. But, whilst I can see it having some use with large cap, liquid, shares, I struggle to see it being helpful on v small caps. Especially in "interesting" cases like this.

Fundamentals rule for these v small companies - and not just announced info.

I completely agree with Effortless Cool.

[effortless cool] 09/2/2017 07:14

luckymouse,

If you think that improving your charting skills is the way to avoid disasters like this in future, then you have learned the wrong lesson from the experience.

[luckymouse] 09/2/2017 04:45

Chart upto & inc Sep 2014 results where the significant fire (which had been unreported) and the substantial extra provisioning was revealed - thereby roughly halving the pbt.

Now my charting skills are significantly more advanced i decided to revisit this to see if my eyes see anything different.
There is a triple top with a large shooting star prior - but that had mostly completed its height - and share price then seemed to make a dbl btm with modestly rising money flow into the results - rising MF, and esp strong rising MF, prior is usually a v good sign - so folks were expecting this to be good. If MF falls like a stone prior, as with BT recently, then get out. We didnt get that signal here. It also became v choppy - which i now know means a battle between buyers and sellers - sometimes pi's on one side - inst's on the other.
A shooting star immediately prior is bad (i bet was when the insiders knew in hindsight) but this was an imperfect star & 2 mths earlier. The only other clue was the TSI was below zero. V. Strong runners tend to have it above zero - i wouldnt have known that back then. The triple top also looked a bit like an expanding sideways wedge - a little known reversal pattern, hard so spot even today in the volatility. So a bit cruel, because the tell, the imperfect shooting star & expander, was actually detached prior by a couple of mths & should have had an accomanying rns! The LT weekly chart also showed a touch of rolling, and the monthly actually revealed top divergence (a huge signal!), but mthly rarely looked at. It also wasnt rising as you might expect a very ahead runner to, but that often happens. The fact that the best signal was on the mthly which is unusual reveals there was a slow leak or slow realisation. Basically it was a surprise because they werent upfront. I remember you also had to read the RNS 2 to 3 times to figure out the earnings had effectively halved. Which also revealed their propensity to be less than ingenuous.
So in conclusion - even today - not an easy read - the tells were too subtle and long term based. But correct decision to instantly get out on the day when presented with negative surprise.

[lucky jim2] 04/1/2017 11:54

Hi Garbetklb, I think the scams that were mentioned were Gable's involvement in providing cover for Axiom Legal Financing Fund and Argentum Capital Litigation Fund. There may be others. All connected to the legal service of "no win no fee". I do not think Gable paid out on any of the policies that it issued, although I understand there are some litigation matters for Gable to address.

[garbetklb] 03/1/2017 11:29

Thanks - Corvus I already know about. Not an outfit that appeals in the slightest.

I've an insurance background - so interested in the "sham insurance"

[solarno lopez] 03/1/2017 06:51

Corvus were the group that effectively floated Gable through one of their shells

[garbetklb] 03/1/2017 00:09

Dr Rosso
Can you expand on the "sham insurance for at least three investment schemes" - I've not heard of that before & am curious.
If you look back at my posts, you'll see that I've never been a fan......!
Until recently I'd failed to connect Mike Hirschfield / Corvus / Cloudtag et al
Thanks

[dr rosso] 02/12/2016 17:02

Offshore insurer Gable Insurance ordered to stop writing new business
Oct 03 2016
Liechtenstein insurer Gable Insurance, whose Cayman Islands parent is listed on the London Stock Exchange's AIM and which has provided apparently sham insurance for at least three investment schemes that swindled investors out of more than £200 million, has been ordered to stop writing new business by its local regulator.


Slippery Mike has also managed to swipe a bundle off CTAG pis too,exiting on the hyped up peak

[thirdmanharry] 22/11/2016 15:51

Useless & Toothless FCA Confirms formal death of AIM casino disaster story Gable
Published 2 hours ago
The FCA has put out a statement confirming that it is all over at Gable (GAH). William "piggy" Dewsall has made £15 million, but shareholders have lost everything and now it seems that policy holders will be screwed too. Gable issued statements while its shares traded that were simply not true but will there be any action against piggy or hapless Nomad Zeus? Whaddya think? The FCA confirms the worst:
hxxp://www.shareprophets.com/views/25419/useless-toothless-fca-confirms-formal-death-of-aim-casino-disaster-story-gable

SCANDAL: PWC lays bare the £60 million black hole at Gable and the massive regulatory failure on AIM
Published 4 days ago
PriceWaterhouseCcoopers, PWC, is acting as administrator to the subsidiaries of Gable Holdings (GAH) and has published a damning report making clear the black hole that has existed there since the start of the year. The shares were suspended only on September 12. This is a scandalous failure on the part of Nomad Zeus and the Oxymorons at AIM Regulation.

hxxp://www.shareprophets.com/views/25352/scandal-pwc-lays-bare-the-60-million-black-hole-at-gable-and-the-massive-regulatory-failure-on-aim

[battlebus2] 18/11/2016 15:09

The £60 million black hole....