We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
shareholders retain the right to apply to the Court should he feel that the liquidator in question is not serving the interests of the company. Any shareholders making such an application must hold at least 10% of the total voting rights of all the shareholders having the right to vote at general meetings. If the Court rules in the shareholder’s favour, it may decide that the amount of remuneration should be reduced, or potentially that some expenses be disallowed
I own 0.3% so need a few more people if we need to take action
unfortunately not @kabisko. no point. pointless. i'm having a good day busking in the mangrove brisk today. so much better after your enlightenment on this stock.
We wont get nothing from these slime balls, theyll do a deal with hudson and the directors, take there large cut and well end up shafted, you can check where there all located in Jersey sitting on top of each other, in it togther I would put my money on it.
@smileywiley have you remind him about a cup of salt?
I was reading about the process on another liquidator’s website and if management remains on board, it generally means one of two things:
• They are trying to come back from liquidation, OR
• There are no disputes, liquidation is easy and case should be closed in a few weeks
Fingers crossed for option A!
‘It is unlikely that there will be any return to shareholders.’ Never thought we would get anything but this just fills you with confidence as per usual with this company.
Time will tell...
https://www.grantthorntonci.com/en/News-Centre/recovery--reorganisation-news/
i asked simon and he said: "ask grand corpthorn about it because they are the one liquidating bellzone"
I know mate, I've been following this for a while. The sneaky b stards*, it;s as dodgy as the aim China 50
I’m not sure if you realise but we’ve had far worse news recently but thanks for your concern.
Sorry to be the bearer of bad news but all those shareholders are retail, there were no institutional investors invested here. They are all nominee accounts apart from Hudson
Surely SVS can't be impressed with their recent and the Co's last issue...8.72% of the company...? The other thing, there wasn't really a huge sell off as soon as there was a mention of insolvency...
Shareholders % held
Hudson Global Group Limited 51.58
SVS Nominees 8.72
Vidacos Nominees 4.02
Interactive Investor Services Nominees 3.64
HSDL Nominees 3.04
The Bank Of New York (Nominees) 3.02
Hargreaves Lansdown (Nominees) 2.99
HSBC Nominees 2.42
Barclays Direct Investing Nominees 2.39
Pershing Nominees 1.97
Other 16.21
Don't know the answer to answer question 1.
I am curious about a few things that maybe someone here can help me on:
1) Does the refusal to allow the next part of the loan to be given to the company mean the terms of the loan have been breached? (good faith or not?). Thus the assets (sales etc) are not used to pay off the loan but used to pay off creditors etc?
2) Who is the largest single shareholder in the company or is the 49% a collection of small shareholders?
Just the same as vatakoula gold went bust and the cso crystal you are spot onhinese (investors) picked up the pieces
What’s the point in doing that Kabisko. One, I doubt they will respond. Two, most of us realise that we have been played. Three, doesn’t seem like we’re going to get anything. So better to just get drunk over xmas and pretend this was just a bad dream.
@smileywiley @mapp is anybody tried to make a call to grant Thornton, Simon, Julian or... To make sure what next, or to wish them merry Christmas? Yoda!
once a SENIOR AIM Director is a joke. He should
have stayed away from BZM. I naively believed
he was competent and responsible. .
AIM pumps, dumps, deceives and AIM Directors know
the game. AIM is NOT for Investors. Traders are in
charge and fleece while investors live in hope.
Get yourself into Solg it's going to go.
Should of known
http://www.chinasonangol.com/about_us.html
I have to say it doesnt look great as it is clear that no-one in any way connected with this can be trusted a 1mm, there is a slim chance if the liquidators are only 75% corrupt that we may get something yet..
We’re getting a big fat zero I’m afraid. This should be investigated and people should be struck off but we know that’s not goIng to happen.
Good post, thank you.
The article at the link below seems to spell out the situation clearly, well and truly starved of money by hudson once they had got what they wanted -
https://www.proactiveinvestors.co.uk/columns/sp-angel/30398/todays-market-view----iron-ore-prices-rise-despite-weak-asian-equity-markets-30398.html
AIM is rotten from top to bottom and blame
each other for their obvious incompetence.
Africa never again and please sort out the mess
out there without help from anywhere and stay where
you are. Good Luck.