Royal Bank Of Scotland Share Discussion Threads

[chinese investor] 01/6/2019 11:15

Opis Asset are almost certainly the main Creditor !

All loans were achieved in the expectation that the RBOS Shareholders Action Group would be getting £20 million !

[barmiddleton] 01/6/2019 11:00

Interesting stuff CI, unsurprisingly it's an extremely tangled web we are looking at. My first instinct was, if it was Gayle Dunn's company that loaned Walsh (either directly or through the AG the £1.4M then the Company would be the creditor and not Gayle Dunn. In any case it seems irrelevant whether or not she will want her money back, the AG has insufficient assets to repay her. It would appear therefore that she was told, and she accepted, that she would be repaid once the £20M was received by Evalusafety then disbursed to Walsh and his cronies. Interesting times!!

[m1k3y1] 01/6/2019 08:50

Thanks for the info as usual CI.
Regarding the loan......it seems on the face of it, that her company has made out the loan to Walsh personally. Therefore, she would not be a creditor against the RBoS AG but against Walsh ?


Why is she in an American court ?

[chinese investor] 01/6/2019 07:15

Gayle Dunne is in an American court at the moment attempting to prove the money she got from her bankrupt husband Sean was not a scam.
If she loses then she'll be wanting the £1.45m back !

[chinese investor] 01/6/2019 07:00

Remember this from February 2019 :-

"Gayle Dunne, the wife of bankrupt property developer Seán Dunne, is the beneficial owner of a company that has loaned a “fraudsterR21; £1.45m to fight a legal action over access to a share of £200m in compensation awarded to thousands of shareholders of Royal Bank of Scotland in 2017."

Could Gayle be a Creditor ?

[chinese investor] 01/6/2019 06:47

RBOS Shareholders Action Group have just released their Annual Accounts to 31 August 2018 (on the last possible legal day).

They owe creditors £1,675,378.
They have assets of £3,400.

[largeronald] 31/5/2019 16:28

lomdm - save your breath.

[cfc1] 31/5/2019 16:21

iomdm - nope I think neither of you are making any sense. the eu no deal affects 27 countries not 70 - there are only 27 in the so called eu

all you people that think we are screwed are deluded....Do you realise we are a MASSIVE trading 'magnet' for MANY WW countries????
G7 and no 2 in Europe.
You think it is the UK that is screwed....hmmmmmmmmm

[iomdm] 31/5/2019 16:01

cfc, I think you need to read larger's post again. It is self explanatory and could hardly be in more plain English.
It is nothing to do with the EAA, it is free trade agreements we are part of as EU members. If we crash out with no deal, we also crash out of these and revert to WTO terms until we negotiate deals, one by one, with each of these 70 countries. From memory, I think that Dr Fox has managed to secure less than a handful in the last 3 years, so it's likely to be a number of years (quite a large number) before we get back to where we currently are with all these jurisdictions.

[cfc1] 31/5/2019 15:51

smurfs - I think RBS dont know what to do re share buy back or divi right now...but yes they need to offload a lot of cash....back to us!!!!

[cfc1] 31/5/2019 15:47

larger - what are you on about 70...the EU is 27 countries the rest are the EAA and NOT bound by a no deal we take to the 'eu'

[maxk] 31/5/2019 15:12

Ok ron, you win!

[largeronald] 31/5/2019 15:07

In the event of no deal, each of the countries above will have tariffs imposed on their exports by one country. Britain will have tariffs imposed by 27.

Tell me again who's the loser?

edit: actually, it's not 27. Add on to that the 70 countries that we currently have free trade deals with as part of the EU that we will have to start paying tariffs to (as determined by the WTO) the day we leave with no deal. Ask the fantastic Dr Fox how many of those countries he's got free trade deals ready with.

[maxk] 31/5/2019 15:02

Winners and losers of no deal (possibly) ron.

[largeronald] 31/5/2019 14:59

What's that got to do with anything?

[maxk] 31/5/2019 14:57

This graphic spells it all out. And it's from the ONS, not the daily wail, so it should be accurate.

[largeronald] 31/5/2019 14:56

It's the will of the people!

[rburtn] 31/5/2019 14:54

It seems that the ignorance and stupidity which infuses the lloy bb is seeping into this thread.

[leedskier] 31/5/2019 14:33

If the current leader of the Labour Party is elected PM the first thing that will happen is capital controls -- as happened under Harold Wilson.

As happened under the post WWII Labour Govt there will be wholesale nationalisation.

The top rate income tax will rise to levels last seen in the 1970's.

The UK will stand shoulder to shoulder with Venezuela ... in the IMF queue.

Just to ensure all this becomes reality a dozen Tory MPs have donned suicide vests which they propose to detonate in the full glare of television over the next several weeks.

[polar fox] 31/5/2019 14:11

Your comments noted, maxk. Personally, I think Brussels is now beyond bluff - they are prepared for 'no deal' should the UK decide on self-harm.

In any event, the odds are that we'll not be much further forward come the New Year, I suspect.

[maxk] 31/5/2019 14:00

The germans.