Scotty Group Share Discussion Threads

[blodders] 17/3/2011 10:48

Minerve.

Re: 'My real concern is other shareholders who are hurting'.

Playing 'good cop''bad cop' again.....

Have you forgotten your tirade against the small investors of this share?
Keep talking minerve, it probably has theraputic value against justifying
any loss, and is cheaper than a councilor.....

IMHO

[minerve] 17/3/2011 10:13

'hurt too much'! LOL

Personally, Scotty is more of 'annoying fly' to me, pretty much personified by you, annoying yes, hurting no, long way from it, although I am sure you would love for me to hurt.

My real concern is other shareholders who are hurting, you would never understand this as you have no backbone, compassion or anything that I would consider a good human quality. You're just a snivelling coward, bitter and twisted sad case of a man who wouldn't have the courage to say what you say to anyones face.

I will be glad when Scotty does go, it will mean that I can suddenly swat the annoying little fly away! ;)

[scotty tsquared] 17/3/2011 09:36

Minerve, I didn't make a mistake. I told you guys 6 years ago it would end in tears.

Now stop crying and be a man. Oh ... you can't you have been hurt too much.

[minerve] 17/3/2011 09:23

Well, at least he has the strength to acknowledge that he made a mistake. What strength do you have?

[scotty tsquared] 17/3/2011 08:21

levelhead - 17 Mar'11 - 07:53 - 5253 of 5253

".... We must wake up to the here and now ....."


LOL ....... nothing like being preached .... by the converted .... LOL

[levelhead] 17/3/2011 07:53

BobTheTrader
Something is worth ONLY what someone is prepared to pay for it.

It is very dangerous to assume or hope a higher offer may be available from IE this could only happen with a number of vying buyers.

Neither should we get bogged down in fretting about who will run the new company. I feel that neither option is ideal but, as the saying goes the second option is a great deal less ideal than the first.

We must wake up to the here and now - and the simple questions to be asked are..

How do you feel about serious dilution on top of the awful share dilution, and
de-listing from AIM?

You speak about 'new' management coming in and, what will they be like. But we certainly KNOW what the existing lot are like, don't we.

Refusing the offer horrifies me with its implications?

[minerve] 16/3/2011 20:51

Yes, well said BobTheTrader, I am all for each having their own beliefs and voting for what they feel is right for them. It is what shareholding should be about.

[bobthetrader] 16/3/2011 20:21

To be honest I don't think there is a right or wrong answer when deciding how to vote, it all depends on each individuals circumstances and how each person views the situation. I feel that 'IE' would be buying the comapny below the value I believe 'Scotty' to be worth, and therefore on principle I would rather say no. We are also not sure as to who will be in charge of any new company that may be formed, and as result shareholders may still not be happy with the management.

There is one other possibility that could result from a no vote! May be 'IE' will return with an improved offer. Probably not, but not impossible. The first offer is not always the highest offer!

Whatever decision you make, needs to be what feels right for you.
There's still more time to think!

[blodders] 16/3/2011 13:11

Thrice Capital Management LTD . Are they a recent player?? Anyone heard of them??





AS ALWAYS DYOR

[levelhead] 16/3/2011 12:33

I agree. There is no way I would want the company to be sold off thru the back door - of course. And, you are right I have been very bullish about the company because we have been treated like mushrooms and fed Bull by the board.
But NOT accepting the offer we are truly in the hands of one particular individual with minus zilch interest in shareholders and who will have NO compunction at all in de-listing. For him it will be a private company, that has survived thanks to the cash coughed up by Scotty shareholders.

There IS a principle at stake - get rid of the Austrians and give someone else a shot!
(This doesn't mean I'm zenophobic, but we have been treated appallingly and, I muggins that I am was naiive enough to swallow it all. This a real lesson for me - don't trust anyone or anything until you can see it touch it feel it.
I certainly don't trust Wustinger to provide - bloody hell, what a thought !

[minerve] 16/3/2011 10:43

Levelhead

At the moment, we do not know which choice is the most attractive. For many many years you have been bullish about the company and the company's prospects, then, all of a sudden, you want out! I am beginning to suspect your motives. You almost talk, like I would expect a director of the company, in particular Kurt, to talk.

Whatever choice we make, be it Plan A, Plan B, Plan Z or whatever, the investment is almost worth zilch. The points and principles of fairness become far more important than the value of the shares themselves, I don't think many would disagree with this. I think it is time to say, enough is enough, and we want respect and fairness, even if it means the collapse of the company. I am not prepared, on the face-of-it, to allow the family silver of Scotty to be sold to opportunists through the back door: I can't believe you are going to allow this.

IMHO & DYOR

[levelhead] 16/3/2011 10:17

You are right ShareShark, but regardless of the figures or anything else for that matter we have to face the fact that we have a choice Take it (plan A)
or leave it.

Leaving it screws us 100%. At least with Plan A we still have a shot to recover cash.
THERE WILL BE NONE - if people vote against, and that is all there is to it.

[minerve] 16/3/2011 09:37

This is what I assume, it may not be totally correct, I haven't looked into it yet.

If Plan 'A' is approved, Scotty, or whatever the company name becomes, will be holding the funds. They will have the choice to place the monies wherever they may decide: This may be in legal structures approved by the FSA or it may not. It is up to the company where the money will be placed. Don't forget, it is the company's money, not ours, so Scotty doesn't need FSA approval at all. If Scotty was to market and sell their investment to others, then I believe this is where FSA approval may be required, or an FSA approved company will have to do it on their behalf.

Just a guess, whilst I'm having my coffee! ;)

[share_shark] 16/3/2011 07:31

Allenby Capital does not have FSA approval to hold clients monies.

So WHO would hold the money in the "Shell" if Pla A is approved ?.

How much is the rental income ?.

Arnt the little beggers leaving us in a tight spot,with so little time and no circular yet ?.

[scotty tsquared] 15/3/2011 19:11

Minerve, for a 'no-holding' ....."shareholder" you do post too much !!

LOL

PRAT !!!! FACT !!!

[minerve] 15/3/2011 17:49

Has anybody received any information yet? 15th March, not long!

[bobthetrader] 15/3/2011 16:48

2 directors only, working from home and less than £30k salary/year.

Please!

[share_shark] 15/3/2011 16:34

Yes but what we need is a CLEAN shell......No directors or anything else. I have posted the link.......see my reasoning?. Not directors eating their way through the £1.8mill over the twelve months otherwise there will be NOTHING left for investors.

[minerve] 15/3/2011 16:31

Hurrah for Ahmad! Hurrah for Ahmad!

[minerve] 15/3/2011 14:06

Levelhead

You are wrong. Scotty Group PLC will still exist as Scotty Group PLC. The directors will remain the same. The Chairman, the FD, Mr Smart etc.. etc. will ALL still be there! The only one who is most likely to disappear is Kurt. What chances do you think the directors have of (a) being voted off, OR (b) resigning. For some, it is still 'a nice little earner Thank you very much!'

IMHO

[4gazza] 15/3/2011 13:47

Trying to buy a few in the market but seems bid only which is strange. Any of you guys aware of a decent sized seller?

[levelhead] 15/3/2011 12:14

Bobthetrader
for me another good reason to vote for the offer is that is cuts us off from those bloody crooks and at least gives someone else a chance to grow something from the shell so we can get a bit of money back

[maydaypmsl] 14/3/2011 20:18

you lot still faking deals with each other :)

Regards

PMSL