Skil Ports & Lg Share Discussion Threads

[captain hindsight] 29/9/2016 14:35

coco, honk honk

[captain hindsight] 29/9/2016 13:52

my retirement fund29 Sep '16 - 13:45 - 126183 of 126184 0 0


what a looser he is lol

LOL !






HEY Coco, don't you mean "loser"?

illiterate imbecile.

[its a worry] 29/9/2016 12:37

I was wondering how Lord Flight wanted to get on board with a couple of dodgy Indian businessmen . . .it seems he does have some Indian experience . . .this from MoneyMarketing . . . . He became manager of Cayzer before working for HSBC Merchant Bank in Hong Kong and India. His time in Bombay had a huge influence in his life, fuelling his interest in Indian history and culture. He says the network of friends he made during this time are still very close to him today.

[lefrene] 29/9/2016 12:14

He was indeed a politician with a non pc foot that he put in his mouth a couple of times. His local constituency fought hard to retain him but were dictated to by the pc crowd. Shortly afterwards somehow he gets ushered into the house of Lords, so presumably well connected? He set up and ran the Guiness Flight investment fund which did incredibly well. This is not a titled scrounger looking for kick backs from dodgy Indian geezers.

[diku] 29/9/2016 12:01

Has lord Flight bought any shares out of his own pocket?...& what does Lord Flight see in SPL?...

[hpcg] 29/9/2016 11:56

lefrene - I did google Lord Flight. He is a random former politician in retirement. He has no reputation or need of any reputation. Of course he has been bought in to lend credibility. He doesn't have to be in on any scam. My point is that in what practical sense does his appointment make any difference at all? You have chosen to look at his title and assume he is some sort of fiscal superman crushing malfeasance and protecting the private investor. Name any, I mean any, non-exec director who has walked into a company and recovered a situation for investors.

This looks like it could be a potential less then zero - in other words an extraction of extra cash from gullible "investors" before ultimately going to zero.

[waterloo01] 29/9/2016 11:36

Gone very quiet from the company (again). My head is firmly in the sand as I still believe with 50p per share of cash still on the balance sheet there will be some return to current holders. JNPT might even buy the port but Flight will hopefully pull something out the bag!

[lefrene] 29/9/2016 11:18

hpcg, you can google him you know! He doesn't sound like a greedy idiot football manager. He likely has been bought in to try to bring some cred to this bunch of muddlers, but I doubt he needs the money that badly that he is willing to get involved in a scam? Most likely he is there to assist with raising the money they suddenly find themselves short of.

[my retirement fund] 29/9/2016 11:02

Interesting programme on the growing fraudulent activities of many foreign companies that are on the dodgy AIM listed stock market in London

[jailbird] 29/9/2016 10:59

hpcg,

Azalea believes in Modi, his ministers, Pavan and Gandhi's reputation.
They will pull through...Azalea is never wrong...never....even if the share price was 1p, he still never be wrong.

How does hestay on these boards, I never know..we call ppl like him rhino skin

[hpcg] 29/9/2016 10:56

diku - I believe what you just wrote about a boycott is why Chinese AIM listings have dried up. Without victims to flip the stock to no one will support a listing.

[diku] 29/9/2016 10:23

The only way you going to get change is if all investors/punters boycott buying shares listed on AIM directly or via fundies....

[my retirement fund] 29/9/2016 08:39

Good post HPCG. I met the management of Euro Telecom many years ago (Ticker ETE) and was taken in by them. The small team mainly headed up by a Phil Derry managed to spend £17M in about six months. When investors tried to investigate and reclaim something they found the company had bought things like luxury Yachts with contested ownerships and so forth.

Nothing was ever recovered despite promises of fraud investigations by AIM and every authority out there.

see:

So what chance uncovering what an earth happened to the millions raised of an Indian business registered in the Isle Man and listed in London on AIM ?

You guessed it - not a "Cat in hells" chance !!!!

[diku] 28/9/2016 14:26

Ok hands up who bought at 250p?....yes including those so called clever fundies?...its in the 90% club now...

[lefrene] 28/9/2016 12:49

Perhaps we might see if Lord Flight has any influence? Given his reputation he wouldn't want to be associated with a scam of any kind. Presumably he is aware of Mr Gandhi's past dealings? Quite so smarm, £76million to so say £24m in hand and £24m in debt at 13%, and nowt as yet earning a crust! Then they pass the cap around for a shed more money, I bet no one is taking a pay cut or falling on their swords for this incompetence.

[smarm] 28/9/2016 12:39

IPO at £2.50 with enough money to fund port.

Now 10p with no working port in sight.

Another AIM disaster.

S

[azalea] 28/9/2016 11:14

Innocent until proved guilty in a court of law.

[smicker] 28/9/2016 11:07

GM,
I read the following and sold out some time ago

[lefrene] 28/9/2016 11:03

This lot have rewarded themselves handsomely for an unbroken string of failed forecasts, and in the process reduced the company value to £4.5 million, despite claiming assets of £66million. 18 months after construction finally began, there is still not any quayside available to do business, although hopefully there might be something useable in a few weeks. Get a bit of traffic passing through the place and some cred might begin to return?

[diku] 28/9/2016 10:32

Inorder to win shareholder confidence one has to give an extremely positive impression...question is what impression do they give behind your back?...

[guernseymoney] 28/9/2016 10:29

HPCG - a very eloquently worded question and veritable food for thought.

I can't give it the response it deserves but I like the concept of never meeting management, but I had the opportunity to and can't take back the impression I got from them.

I have to place some reliance on II's also and the larger individual shareholders who I've had the opportunity to correspond with.

[hpcg] 28/9/2016 09:57

guernseymoney - why is fraud foolish? All the evidence from AIM, pink sheets and even main markets around the world is that fraud is a highly successful endeavour leading to riches with an absolutely minuscule chance of any malus or retribution. For example, until otherwise demonstrated, I assume some degree of misrepresentation for all companies floated by Private Equity.

The risk of fraud is one reason for never meeting management. It is very easy to be taken in by a person, but more difficult if one can stay as objective as possible. Even so well constructed accounts can dupe many. This is without simple incompetence, avarice, and sometimes genuine misfortune. With the odds stacked against success it is often costly to yield the benefit of the doubt on any sign that things are not going to plan.

[diku] 28/9/2016 09:39

This is listed on the AIM right?...I don't know if anybody has figured it out yet but its all in the index name....

AIM = Am I Mug!!!.....