Share Name Share Symbol Market Type Share ISIN Share Description
The Scottish American Investment Company LSE:SCAM London Ordinary Share GB0007873697 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00p -0.27% 368.00p 368.00p 370.25p 369.00p 367.00p 369.00p 29,437 13:30:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 18.6 14.9 10.5 35.2 497.08

Scottish American Investment Share Discussion Threads

Showing 51 to 73 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
19/8/2017
01:25
City of London Police arrested three men on 3 August suspected of operating a ‘boiler room’ wine investment scam. It is believed that investors, many of them elderly, have collectively lost more than £1 million in the scam, which the men were accused of running from a base on Fleet Street, central London. Police said that victims were cold called by salespeople offering them an opportunity to invest in fine wine and promising returns of between eight and 40%. If proven, it is the latest in a series of fine wine investment scams uncovered in the UK in recent years. Potential investors were told to buy extra wine, because buyers were already in place for them to sell on to, police said. It was not clear whether all three men arrested have been formally charged. A police spokesperson declined to comment further on the case when contacted by Decanter.com on 10 August. ‘Boiler room’ is a term used to describe an outbound call centre selling investments over the phone, usually employing dishonest techniques. ‘Boiler rooms continue to be a major threat to individuals in this country and statistics show that those who are over 60 are particularly vulnerable to this type of crime,’ said Andrew Thompson, City of London Police detective inspector. ‘Fraudsters will do everything they can to manipulate potential victims and convince them that they are making genuine investments.’ The investigation into the case was launched after Action Fraud, the national fraud and cyber reporting service, received complaints from the victims. So far, 39 victims have contacted Action Fraud. Their combined, estimated losses total over £1 million. The City of London Police said that it has been contacting victims of the bogus company. (www.decanter.com)
grabster
19/8/2017
01:07
14 year old busted in instagram investment scam hTTp://www.ejinsight.com/20170817-boy-14-busted-in-instagram-investment-scam/
grabster
19/8/2017
00:24
These are just 20 of the 3911 sharedealing scammers listed by the FCA on their website (link in header): Router Bank / Routar Bank Higa and Partners Essential Loans (clone of a previously authorised firm) Eich Invest t/a Capital Courtage (clone of authorised firm) Kleinwort Benson (Ventures) (clone of authorised firm) Money Solutions UK (clone) Paramount Law Boston The Britain Loan / Britain Loans / Britt Loans Westmount Associates Clarion Global Group Polen Capital Investment Funds / PCIF (clone) Tilney Fund Managers (clone of authorised firm) Quick Quid / Loan Point (clone of authorised firm) Admiral Markets Ltd (clone of FCA authorised firm) Team Four Digital Services Limited / Team4Digital Debt Advice Trust (clone of authorised firm) 247 Money Express and The Money Source (clone of authorised firm) Miton Asset Management, trading as Miton Commodities (clone of FCA authorised firm) Merit Loans (clone of FCA authorised firm) London Finance and Investment Corporation (clone of UK incorporated firm) (to see the full list, click 'shares' on the FCA scams site - but then do the next click without naming a particular firm in the searchbox)
grabster
18/8/2017
23:58
the 'Bitcoin Code' software by Steve McKay is also a scam, according to Binary Scam Alerts.
grabster
18/8/2017
23:12
This scam alerts website has lots of info on scams currently doing the rounds: hTTp://www.binaryscamalerts.com/about-us/
grabster
18/8/2017
23:04
Example: This 'Quantum Code' scam disappeared for a while after some bad publicity, but has reappeared this month via adverts in some respected finance journals and magazines hTTp://tinyurl.com/y9x45bku
grabster
18/8/2017
22:59
There are scams galore offering fast money - whenever you spot those that are currently doing the rounds, detail them on this thread. Many of them are very plausible in their presentations, so it's easy to understand why innocent investors - and even a lot of experienced investors - get taken in by them, and fleeced. If you've ever been tempted to click a video presentation detailing one or other of these wondrous moneymaking schemes - the chances are you will thereafter be tagged to receive adverts popping up on sites that you regularly visit. If you allow them to have your email address, thinking that you can block that particular sender later - beware; they anticipate this and ensure that your address is stored so they can come at you from a different sender address when their primary one is blocked. Block that second one and you'll be approached via a third one, etc, etc. Many of the characters in the video presentations are not who they claim to be - many of them are paid actors. Some of the testimonials are recognizable as being the same ones used in some previous dodgy scheme. A few of the (faked) testimonials will be from people saying that they lost money in the first few weeks but have done very well since. This is designed to persuade you to stick with it when your opening balance dwindles, believing it will recover - by when it's too late and your money is gone. Many of the "approved brokers" that they list for you to choose who to put your trading account with (and with whom they are in cahoots), are unregulated offshore outfits - sometimes with names closely resembling legitimate ones. Their small print Terms & Conditions (which lots of excited investors fail to study before signing up) will often include punitive fees for simple actions - such as charging a big fee for processing cash withdrawals - or a huge exit fee if you want to close the account. Lots of these scammers tell you that their software is free - but only to the first twenty applicants each day - and might show a fake countdown of how many copies are still available - so that viewers feel rushed into signing up before the "limited opportunity" expires. (ALWAYS presume it's a scam if they hurry you in this way). Many that declare their software to always be totally free, are failing to make clear that to utilise it you have to deposit money with one of their named brokers in order to trade. The Financial Conduct Authority (FCA) publishes a Warning List of known scams hTTps://www.fca.org.uk/scamsmart/warning-list
grabster
22/2/2017
17:46
Recently bought some of these to add diversification, from my HFEL, AAIF, CTY MRCH & BRCI investment trust. I will be looking to drip feed more over the year as I like the progressive dividend policy. Didn't think it would be up so quickly. Not complaining, but will pause on buying a few more till new tax year.
uapatel
22/2/2017
17:35
Today, all time high. 60,000 shares bought none sold. good divi. What could possibly go wrong?
petewy
27/9/2016
17:42
All time high and at a small premium.
pherrom
18/3/2016
16:23
WARNING - Investors please be careful - do not fall prey to Scammers operating online right now to suck you dry of your hard-earned cash. To safeguard yourselves, ensure that any organisations you give money to are a) registered at companies house and b) regulated by FCA. Even with these 2 measures in place it is possible to be scammed. There are 20,000 cases of Online Fraud daily. Online Fraud is rapidly increasing with the advent of faster technology. As a side-note I was saddened to hear that today, 3 serving poilce officers have been arrested in Surrey Police for a £1,000,000 fraud. Its very worrying when even the Police are corrupt !!
ebeing
17/3/2016
12:34
Absolutely disgusting ....... don't think you can't be taken in .... they fool even very astute investors ..... apparently 20,000 online scams being done to investors every day ...... govt has only just begun to include them in crime figures (1 year ago) so this gives a truer picture of the amount of crime being committed !!
ebeing
13/3/2016
19:04
Rebate Option (www.rebateoption.com) recently cold-called me and sold me an account trading binary options .... I'm not sure if they are a scam but they sound strongly like they are ..... in which case I've lost a lot of money .... anyone else dealt with these guys .... the Police have been informed, I just hope they can secure a successful fraud prosecution ..... it makes me really sick to know how they defraud investors ... it can happen to anyone because the script they use sounds absolutely genuine .... one time they rang me and I had the Police secretly listening in, and even the Police weren't sure whether they were a scam or not, they advised me not to part with any more money but try and get more details for a possible prosecution
ebeing
01/10/2015
11:32
I sold out as well for the same reasons..... also cost of debt seemed high. I reinvested in IUKD, a different animal but a good home for the moment? I will keep an eye on this and expect to come back in on a discount.
8w
14/9/2015
20:29
So which one with yield and discount did you choose, gopher?
asmodeus
14/9/2015
19:01
sold out - the discount has disappeared and performance has remained lucklustre so no loss. Will move on to another IT offering yield and discount
gopher
23/7/2015
19:03
23 July 2015 The Scottish American Investment Company P.L.C. Owing to demand in the market, the Company announces the allotment of 50,000 new Ordinary Shares of 25p each fully paid on 23 July 2015. Following the allotment there are 133,060,943 Ordinary Shares in issue. These shares were issued for cash on 23 July 2015 at a price of 271.5p per share and at a premium to the prevailing net asset value. Baillie Gifford & Co Limited Company Secretaries
29palms
27/6/2015
15:27
This seems to go on every quarter...they pump up stocks at the beginning of a new quarter..suck punters in then short them again...
temmujin
13/6/2015
15:27
Longs dont like shorters ONLY because they are looking for someone to blame their mistakes on
elcapital
13/6/2015
09:48
What a load of rubbish that turned out to be re Quindell. If the short wasnt justified, now that the dust had settled they would have found there real value, which was clearly 5% less than where it was. That said they were lucky. Without the SG offer, they would most likely have gone bust.
elcapital
19/5/2015
12:42
Beware that people may use your address to make false claims with car insurance companies, this happened to me recently. I had to make a declaration that I was not the person who was making the claim - who is in fact almost certainly fictitious. The fact that I did not have any connection with the car which was being claimed for, meant I was above suspicion. take care... if you get a claims or new policy documents from a car insurance company that you are not yourselves using, do open it, in the name of someone else you dint' know, do not chuck it in the bin! and take details of the person within, their car details etc, then close it up and seal it " opened in error not at this address , and return to sender. You will almost certainly then get more mail from that Insurance co. return them unopened. Eventually you may get a visit from a claims " advisor" representing the (real) insurance company.. do talk to him and co-operate and that should be that. H.
hectorp
15/11/2014
13:35
Picked this up as a dividend payer on a 5% discount when Murray International is on a 10% premium and NAV performance is similar (see Trustnet Global Equity Income). Charges good at 0.45%, I would also point out that top 10 doesn't include tobacco like Murray (and Neil Woodford) There is some underperformance against benchmark but that may be because its not a pure equity play which I don't have a problem with
gopher
14/11/2014
18:29
Yet again another increase in quarterly dividend from last year. Third interim dividend for 2014 The Board of SAINTS announces that it is declaring a third interim dividend of 2.625p (up 2.9% on the corresponding dividend last year) per ordinary share in respect of the year to 31 December 2014, payable on 19 December 2014 to shareholders on the register at the close of business on 28 November 2014. The ex-dividend date is 27 November 2014. The Company operates a Dividend Reinvestment Plan and the final date for elections for reinvestment of this dividend is 2 December 2014
29palms
Chat Pages: 3  2  1
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:30 V: D:20171019 12:46:48