Globo Share Discussion Threads

[elcapital] 06/11/2015 07:03

He should get his keys and go

[clitheroe troll] 06/11/2015 00:34

I did check under 'H' and co-incidentally found another Holden, though.

Very impressive CV, but looks like he could do with a shave and a haircut?

Any relation to you, Stig?

hxxp://www.forbessolicitors.co.uk/people/profile/110/Jonathan-Holden/employment

[clitheroe troll] 06/11/2015 00:29

Holden,

Only thing is, I cant see Kate on the list of lawyers, under 'H'.

I know her name was removed after that episode when you trolled BMD but I assume she still works for Forbes - if she is appearing in articles?

Or has she moved office?

hxxp://www.forbessolicitors.co.uk/people/i/H

hxxp://www.forbessolicitors.co.uk/news/display/27208/all-in-a-days-work

[clitheroe troll] 06/11/2015 00:24

Why not try these lawyers for a class action.

They do noise induced hearing loss ambulance chasing claims but might do class actions.

Holden - do you reckon Kate might take the case on?

hxxps://www.eiseverywhere.com/ehome/index.php?eventid=125497&

[rec0very stock] 05/11/2015 18:53

Class Actions work in the US and Aussie. Shareholders there do get some money back. The legal systems are similar, but the UK track record is not good. At some point that will change. Maybe the Tesco Class Action will be the break through, maybe it will be QPP or maybe it will be GBO. As long as it is no win no fee you do not have anything to lose, except for your time.

One of the reasons why UK has had so many of these frauds is that everyone thinks shareholders rights do not matter. That needs to change. Auditors work on behalf of shareholders. Only they get to see detailed financial info. GBO auditors were very well remunerated - that was shareholders money they were remunerated with.

Holders do however need to write off their investment. Accept that your shares are worth 0p. If a grey market gets set up to enable shorts to close - they were at over 7% when suspended, then if you are lucky you may be able to get 0.25p. If 2 years down the line you get some money back from a Class Action then you can treat yourself to something nice with the money. As far as offsetting your losses against Capital Gains tax is concerned, you have to wait until the shares are officially cancelled as worthless - this is not the same as being delisted. I would expect that will not occur until FY 16/17.

[sirhedgealot] 05/11/2015 15:42

Done here.

[bigboots] 05/11/2015 14:19

Its simple - sue the auditors, they are the ones who should have noticed irregularities and reported this to the Stock Exchange

They have been clearly negligent

Have you noticed they havent resigned

[davidosh] 05/11/2015 12:21

At worst it will focus attention on the poor regulatory regime and even poorer record of prosecutions when rules are broken so doing nothing should not be an option to be considered.

[ionlypostafterbbms] 05/11/2015 11:40

You can join any 'class action' or as many 'class actions' as you like but your money is still gone & you ain't getting it back.

Face up to it now rather that 8-10 years down the road when your efforts in court come to nought.

It may sound harsh but that's the reality.

[saint or sinner?] 05/11/2015 11:15

Thanks davidosh.

Nice to see not everyone on the Globo thread is a tosspot.

[davidosh] 05/11/2015 11:01

How to join the ShareSoc group



There was a story in the London Evening Standard last night

Here is the ShareSoc press release..

[davidosh] 05/11/2015 11:01

How to join the ShareSoc group



There was a story in the London Evening Standard last night

Here is the ShareSoc press release..

[compound_dave] 05/11/2015 07:15

I run a big business, and without fail, those that blame others for their career problems don't get on, those that address their own failings climb the career ladder.