Kibo Energy Share Discussion Threads

[lurker5] 12/12/2022 13:12

There's certainly evidence that he fraudulently puffed the share price at a shareholder event, and manipulated MAST's share price on introduction. Many others - but these could stick if the FCA or shareholders took action.

[catchingmice] 12/12/2022 12:11

Is the suspension of trading called because the Bandit is up in court for running a company into the ground and destroying shareholders hard-earned money

[frankandbeans] 11/12/2022 22:10

“Strong buy” wasn’t it?

Boy you called this one wrong.

Hope not too many others got hoodwinked into following your lead.

Or Joules.

[frankandbeans] 11/12/2022 21:38

After suspension? That’s assuming it ever comes back of course.

You make me laugh you really do.

Laughing at you, not with you.

Never learn do you? Bought and sold out here how many times at a loss?

Absolute loser. Quite literally.

[frankandbeans] 11/12/2022 20:37

Well looks like this gravy train has hit what may well be a terminal juncture.

The trading activity here over the last few sessions prior to this has been suspect at best, I wonder how leaky this ship has been and for how long.

How low can this go before the suspension is the question?

[frankandbeans] 11/12/2022 20:34

Well looks like this gravy train has hit what may well be a terminal juncture.

The trading activity here over the last few sessions prior to this has been suspect at best, I wonder how leaky this ship has been and for how long.

How low can this go before the suspension is the question?

[yaki] 10/12/2022 19:15

from the rns, signed off by the nomad

"...The Company is in very advanced discussion with a new nominated adviser with their appointment subject to completion of due diligence, until which time the Company will be without a nominated adviser."

so lets wait and see. I expect new nomad in 2-3 weeks time, ie before end of the year!

[yaki] 10/12/2022 18:48

"...The FCA may have blocked any other nomad from signing up with KIBO hence the suspension Monday."

If this were the case, I am sure FCA would have made them to disclose it.

I agree that the nomad would have indicated informally and the serve the formal notice, maybe 1 month notice.
Kibo said that the new potential nomad is conducting dd.

But I agree, it is poor form by Kibo, to let itself in this position.

I am disappointed, and bodes bad for any other sides of its business. I think BoD and management teams needs strengthening!

PWhite7310 Dec '22 - 18:21 - 7724 of 7724

yaki - Those are all legitimate reasons why a nomad might desire to resign however they still need the permission of the FCA.

There could be other reasons like a hedge fund or venture capitalist client of the nomad has taken out a short on KIBO. The nomad announcing its intention to resign causes the share price to plunge to the financial advantage of its shorting clients.

A spread bet client of the nomad has received a number of long bets in the belief an upbeat trading statement from KIBO is on the way. The nomad resignation causes the share price to plunge to the financial advantage of the spread bet client.

Nomads can't just resign out of the blue. Nomads have to give one month's notice. KIBO did not mention anything to its shareholders because I suspect it was certain it would have signed up another nomad within the time frame. The FCA may have blocked any other nomad from signing up with KIBO hence the suspension Monday.

Its now a question of wait and see but time is not on KIBO's side.

[pwhite73] 10/12/2022 18:21

yaki - Those are all legitimate reasons why a nomad might desire to resign however they still need the permission of the FCA.

There could be other reasons like a hedge fund or venture capitalist client of the nomad has taken out a short on KIBO. The nomad announcing its intention to resign causes the share price to plunge to the financial advantage of its shorting clients.

A spread bet client of the nomad has received a number of long bets in the belief an upbeat trading statement from KIBO is on the way. The nomad resignation causes the share price to plunge to the financial advantage of the spread bet client.

Nomads can't just resign out of the blue. Nomads have to give one month's notice. KIBO did not mention anything to its shareholders because I suspect it was certain it would have signed up another nomad within the time frame. The FCA may have blocked any other nomad from signing up with KIBO hence the suspension Monday.

Its now a question of wait and see but time is not on KIBO's side.

[iceagefarmer] 10/12/2022 18:18

probably long gone

[lurker5] 10/12/2022 16:50

I think a fairly obvious take is that Kibo right now has come up before the FCA irt its USE IPO. The nomad will have been involved in that. Draw your own conclusions. !