Interbulk Investments Share Discussion Threads

[tuffbet] 07/3/2007 11:13

nice to see a 300k buy going through

[tuffbet] 06/3/2007 11:19

technically looking quite good in that share price never fell at all during recent shakeout and it's up today on what may be a bear rally.

Short term movements are all "noise" anyway I intend to focus on the company not the market (which I expect to weaken again) so hope to remain indifferent to any volatility in price in the short term.

Daughter is moving to China to work so will be able to keep an eye on things over there via some local knowledge especially as she is an engineer

[davew28] 22/2/2007 07:25

emmandell,

I too have been badly advised by Halewood and lost considerable sums. There was a partial semblance of an action group against them a while ago and many of us wrote to the Mail on Sunday Fianancial guru Tony Hetherington, but this seems to have died a death. They are a complete bunch of crooks and it would be good if they could be exposed as such

dave

[emmandell] 21/2/2007 23:44

Have just read this thread. You're correct in assuming the complaints are really about a "boiler-room-like" company called Halewoods International Futures. They have since renamed themselves "Square Mile Securities" (SMS) and are still pursuing similar schemes of ramping up the selling price of AIM or PLUS Markets shares, most of which seem to be directed to them via the Griffin Group. I am ashamed to admit that in 2005 I was suckered by them into grossly overpaying for five poor companies with a current total valuation of about 30% of their original purchase price. On complaining, a senior Halewoods man claimed his staff couldn't possibly give bad advice since they were careful to employ high quality, highly paid young salesmen currently earning bonuses of £120 - £150k pa !! The telephone recordings of their sales pitch make for interesting listening. Interbulk are sitting at 50% of my purchase value and look unlikely to recover in the short term. You will have decided to buy or otherwise by now, but I suggest you avoid SMS unless you're a sadist.

[tuffbet] 02/2/2007 15:31

It's certainly quiet on here which is a good sign because it means the stock is as yet undiscovered by the tip sheets.

Given that the company has made it known that things are likely to develop in China it does seem that the news flow should on balance be positive and it would not surprize me if the tip sheets which tend to look for 'story" type stocks start to talk about INB within the next few months.

Am still (after all those years) trying to force myself to buy only on the down days but because I am human it's not something I always manage

[tuffbet] 26/1/2007 14:01

does anyone know where on ADVFN you get the historic average daily volume figures?

[tuffbet] 26/1/2007 10:37

I've decided to open a new thread for two reasons :

1 The existing thread is mainly backward looking and I think the future may be completely different
2. Tha announcement of a profit for the seven month trading period and the setting up of a Chinese company seem like major tipping points which may just herald a new era.

I don't want to say too much because clearly everyone should do their own research and come to their own conclusions- the only reason I am commenting is to make others more aware that Interbulk actually exists, and what it does because it could be the most attractive comapny in the market at this stage but I and other shareholders don't make any money until others share the same viewpoint and buy the shares.

I think you might just get an idea of why Interbulk interests me if you go to this site and have a
careful look at the background to Clyde Blowers, the progress it has made since being taken private, and the Bio of the CEO Jim McColl.


If you think the potential for trade with China is huge and you are looking for a way in via a small British company then INB might just be worth investigating. Clearly an investment in Interbulk at this stage can be nothing other than high risk but then again it's at this level where the big rewards are if you get it right - you pays your money and you takes your chance



Some of the posters on the other Interbulk thread have some less than complimentary things to say about how they ended up with shares in Interbulk etc so make sure you read what's on there as well and form your own opinion about whether that's relevant relative to the on going situation for Interbulk and it's prospects.

Other Links:

[tuffbet] 09/1/2007 12:06

JakNife

Thanks for that.

I'm sorry for those suckered in to a bad deal the only consolation is that you need to make mistakes to get better and the earlier you make them the better.

I know enough about the industry never to follow a brokers recommendation (unless you are their biggest client) and as a rule if someone comes to you with a story never buy because if it was that good the last thing they would be doing was telling others -sadly basic logic goes out the window when £ signs appear.

I heard yesterday about an old lady whose home is full of unopened boxes of goods she has bought from one of the TV shopping channels - the sales pitch is so good she can't resist it and she's wasted a fortune (in her terms).

Many salesmen are very poor but some are brilliant so the answer is never expose yourself to the danger of talking to one of the brilliant ones - I tell them all I would love to buy whatever they were selling but I have no money - nine times out of ten that marks the end of the conversation.


Note what you say about Interbulk I will continue with my own research and see what comes up

[tuffbet] 09/1/2007 09:14

JakNife

Excellent quote and one I would generally agree with.

However sad it might be it is also true that most entrepreneurs ,especially those who make their wealth in the public co arena get there by taking advantage of others less fortunate or less gifted(just as our ancestors did when they built the British empire). In many respects its the Darwinian concept of survival of the fittest and as investors we all draw our own lines in the sand at different places in terms of what we find acceptable.

Personally I have a fairly strict moral code but it doesn't extend to buying another company as cheaply as possible (if this is what Inverbulk stands accussed of - I have yet to get the time to find out what's behind the unhappiness of the posters on here). If there is much more to it than that then I am interested and that's why I asked the question.

Looking for the pitfalls is for me at least as big a part of the investment process as trying to find the big positives - I try to follow the George Soros approach ie .. "I am not a security analyst. I would prefer to call myself an insecurity analyst"

[tuffbet] 08/1/2007 17:44

I have been looking at Interbulk of which at the moment I know very little.

I came on here for some background info. Can I take it that all the complaints listed are not about Interbulk per se but a company they have taken over and the sales techniques used to sell share in that company ?

[gerryl] 18/8/2006 17:57

Doesnt look to good does it?
They nearly sold me a load too, but I told em what for!

G

[3johnny] 23/2/2006 16:43

Anyone who has a complaint about Halewood should go straight to the Financial Ombudsman on 0845 080 1800. The more people who complain about these fraudsters the better.

[greenpastures] 13/2/2006 22:24

It looks to me hayg1 that Stephen Dean and Vince Nickolls set up companies, sell a load of shares at say 3p on flotation to the likes of Halewood which then flogs sells them on to their clients at around 4 to 5p a share.

From what I can see I don't think Stephen Dean is interested per se in running companies. Let's hope INB will be a successful company and multibag. You never know it could happen.

[hayg1] 13/2/2006 20:51

I have noticed that Stephen Dean and Vince Nicholls intend to retire on admission for the INB admission does anyone know if this has happened with these scams in the past.. is this what they usually do.

[safman] 10/2/2006 16:38

lol..

NTERBULK INVESTMENTS PLC

ISSUE OF EQUITY/DIRECTOR'S DEALING

In order to facilitate the consolidation proposed to shareholders of Interbulk
Investments plc (the 'Company') and referred to in the announcement of the
Company and circular to shareholders dated 1 February, Bill Thomson, a director
of the Company, has agreed to subscribe for eight ordinary shares of 1p each at
a price of 2p per ordinary share.

As a result, Bill Thomson will have an interest in 2,810,008 ordinary shares of
the Company representing approximately 3.07 per cent. of the Company's issued
ordinary share capital.

Application has been made to the London Stock Exchange for the admission of the
new ordinary shares issued to trading on AIM. Admission is expected to take
place on 16 February 2006.

[bcf203] 09/2/2006 17:15

I have had only bad experiences with Halewood - including INB. They "specialise" in buying shares of cash shells mainly coming out of Griffin Corporate Financial Ltd. This is a vehicle for Stephen Dean who has a very dubious record of companies he has been involved with.

They manage to manipulate the price up to, usually 5p, give you a load of tosh and sell to you at a "discount" 4.9p and then you watch it go down to 1p and Griffin issue warrants at about 1p and dilute the shares even more. I am not sure if there is any way of getting compensation when sold these shares because the FSA are so useless.

In respect of INB I think that now the new company looks fairly solid but will probably take a long time to get back to 49p that I paid. Us small shareholders have no chance of turning over directors wishes.

[greenpastures] 08/2/2006 22:32

hayg- I don't have many cash shells but is it realistic for a cash shell to do a reverse take-over much above its own per share asset value.

Maybe it is I don't know but my point was brokers such as Halewoods were selling it on at a significant premium to it nta and as such there was a lot of hope value priced in.

[greenpastures] 08/2/2006 22:25

Redfox- no but they have tried to sell me stock. I followed each recommendation for up to two years off and on and none of them did any good. There were four altogether. At least one and probably more went bust as nothing now comes up on two of the tickers.

The last one is still extant I think- the ticker used to be senr on the OTCBB in the US- a satellite newspaper printer. Pac Cont. tried to get me buy it at 33c if my memory is correct. A few days later I was phoned again and asked had I seen that it had jumped up to about 40 c. I said 'yes I had but an illiquid stock would if it was being promoted.' The last I checked it was about 11 c.

I can't tell you how angry these peddlers make me as I feel certain they know they are trying to sell overpriced stock.

[Abuse team] 08/2/2006 18:28

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