Redhall Share Discussion Threads

[tomboyb] 12/6/2019 14:19

https://www.bbc.co.uk/news/uk-scotland-scotland-business-48601422 BBC even getting in on that act - JEX sold -

[tomboyb] 12/6/2019 12:53

SCUMBAGS - Worst on AIM - These suckers should be investigated -

[tomboyb] 12/6/2019 12:50

SHOULD BE INVESTIGATED - !!!!!

[tomboyb] 11/6/2019 23:04

What a bunch - How quickly is that! - Scumbags -

[tomboyb] 11/6/2019 23:02

hxxps://www.insidermedia.com/insider/yorkshire/another-redhall-subsidiary-sold-out-of-admin Going very quickly - Following their appointment, the joint administrators executed a sale of Jex Engineering as a going concern to Glasgow-headquartered engineering services business Edwin James Group. Peanuts -

[tomboyb] 11/6/2019 15:41

No mention of trying to sell the company whole at any point - In FACT NO MENTION of ANYTHING - !! So WTF happened - Were they trying to HIDE something - ! Look at the RNS / s

[tomboyb] 11/6/2019 15:34

Get EXACTLY what ur saying Nico - Complete untrustworthiness here - Major shareholders institutions so no stone broken there -

[nico115] 11/6/2019 15:12

When ones in admin u have no idea what happens !!Can be many incentive to sell it for a pittance !! Don't ask

[tomboyb] 11/6/2019 14:51

They dumped BOOTH very quickly - NO EXPLANATION as to what has happened - Shareholders in the dark!

[tomboyb] 11/6/2019 14:49

None of the management held ANY stock - No wonder - This one really needs to be investigated -

[tomboyb] 11/6/2019 13:17

"the unacceptable face of capitalism"

[meijiman] 11/6/2019 13:10

There is definitely a background story here..wonder if it will ever emerge. Yes parts of this business could have been sold off at opportune times for decent sums when the company was a going concern..not just given away for peanuts. It's a scandal.

[tomboyb] 11/6/2019 12:52

and so close to results which were due this month - Almost like they had something to hide so a quick administration -

[safman] 11/6/2019 12:37

It would seem to me that there has been no real credible information as to what exactly has gone on here.. All the RNSs so far, certainly in relation to shareholders have been vague and opaque... So what shareholder should be asking is "what has happened" and " why has it happened".. Without that I suggest shareholders are left pondering and in the dark.. saffy..

[tomboyb] 11/6/2019 12:09

All lies - Management here are untrustworthy - Its completely shocking and shareholders have been screwed over -

[nico115] 11/6/2019 12:04

Wow we should have sold off some parts ages ago How could mgmnt let it go to the wall?Last stmnt was so bullish !! All lies

[tomboyb] 11/6/2019 11:46

I doubt Downing and LO will give two hoots - However I can't believe how cheaply Booths has gone for - What a bunch of sh*ts -

[meijiman] 11/6/2019 10:35

Yes shareholders have been well and truly mugged here....

[kinwah] 11/6/2019 10:07

They've possibly been looking for a buyer for Booths for the last few weeks which is why the sale seems to have happened so quickly. The price achieved looks disappointing but there could be a short-term gap in the order book. Jordan Manufacturing will be hard to sell as a going concern but there will be people interested in picking up bits of it. Jex and Telecomms will be bargains for those who know the markets. HSBC should get their money back but it's a nasty loss for LO and Downing and a total loss for shareholders.

[maroni tony] 11/6/2019 09:53

The receiver pretty much had a fire sale to off load this so quickly. Avingtrans must be slapping themselves on the back "big time"...… What Avingtrans epic.

[tomboyb] 11/6/2019 09:47

11.7mill turnover - PBT - 0.3mill Net Assets £2.5mill - Existing cash ? Debtor Book? - You can see why this is and looks like a huge bargain -

[tomboyb] 11/6/2019 09:42

Looks REAL dirty to me - Honestly what a bunch here -

[tomboyb] 11/6/2019 09:36

Shareholders have been screwed over - The thing is institutions simply write it off - What a bunch of w*nkers - !!!