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.
Ok. So AGM stated liquidation going ahead with Fund Solutions SCA from AGM Dec 2015. However, although now de-listed does anyone know when this will be finally cancelled and/or monies received if applicable. The problem is I was trying to consolidate ISAs and paperwork by transferring a couple of ISA's into 1 ISA. BUT, I am unable to transfer my ISA from Company A to Company B, as Company A held IERE and I can't sell them, transfer them remove them or gift them, but they need a record, but Company B won't accept them. So stuck? Anyone got any ideas when this will be wrapped up or news on progress please?
apart from the home page and a proxy form for the Dec 2015 GM all other links give Page Not Found (404)
Is there any possibility any return for IERE shareholders after administration ? Does anyone have any idea regarding this? Historically is any proven that after administration any company like IERE is being listed again? or everything for IERE shareholders is finished or ended up. Can I get clarification or explanation from any sensible persons?
for the decree absolut.
...............Wonder how long this process will take. I'm looking forward to having this one taken out of my PF, as it's making it quite unsightly.
Game over?
So how the hell was that a yes vote .no way
The Board unanimously considers that the Proposals are in the best interests of Shareholders as a whole. The Board recommends that Shareholders vote in favour of the Resolutions, as the Directors intend to do in respect of their own beneficial holdings of Shares which, in aggregate, amount to 261,000 Ordinary Shares and 10,200 Preference Shares, representing approximately 0.1 per cent. of the issued Shares of the Company.
Calculating from the last annual report I estimate there are about 30 million preference shares. So the total votes in favour were well below 10%.
I didn't count in the Preference Shareholders in the 260m potential votes. How many are there?
.......last time around, the votes against probably far exceeded the votes for, and IMO, they have likely spent the last month securing enough votes for the resolution. I said they'd probably do that last month, but I was expecting them to do it in the open by appealing to all shareholders, but it now seems they have gone behind 90% of the shareholders backs. Just complete shzithouses they are. I'm not fuming about the money, as much as I am about what these characters have done pretty much in plain sight. I would just love to see them behind bars, but of course, in this western, Jack Palance always ******* wins.
Assuming they still hold their 6+% of the shares, could have helped us defeat this easily. Who are the other major shareholders?
Seems a very low turnout - 26,820,662 in favour is only 10.3% of the shares. We got 6.9% against the liquidation. That means that 82.8% did not vote. I smell a very big rat.
..............I said the exact same thing when the news dropped that the EGM had been cancelled at the 11th hour last time. They knew they wouldn't get what they wanted last time around, so they delayed proceedings, and have spent the last month working out a way around it. Makes my blood boil.
But if we all get in touch with fsa saying the vote must be a rig thay wifi have to look into it there is no way that got voted a yes
..........Who in their right mind would have voted for this.
Doomsville then?
220,000 from me voted no, looks like were sunk!
Shares, I voted no 1 mil - can anyone else add
To all of the email address I can find saying. By law that thay have to let share holders know results of. Egm . Bet I get no reply .
Agreed, It is, absolutely disgusting mate. It also shows the sort of contempt these azzholes have for shareholders. Let's just hope their reluctance to broadcast the result, means the vote didn't go in their favour. They are probably giving their legal minions time to work out how a way to wriggle out of this one before they announce anything for sure, looks like it's plan B time for the gits. Absolutely disgraceful display, by a disgraceful mob of characters. Monopoly capitalism at it's worst. No doubt Chandos et al will be doing their philanthropic bit for whatever "charities" they're involved with soon enough, just to help round off their image as socially responsible members of the "philanthropic elitist class", same old, same old. Total gobshzites.
Disgusting that the BOD have failed to announce the result of the EGM.
.......Just reading through his profile on the IERE Website and here it is: "Aged 59, Tom is Chairman of Real Estate Credit Investment Limited and sits on the Board of a number of private companies. He has a background in investment banking and venture capital. Tom is Chairman of the Esmee Fairbairn Foundation and a member of its Investment Committee. He is a Labour member of the House of Lords." Just checked the Esmee Fairbairn Foundation website, and it says on the home page: "The Esmée Fairbairn Foundation aims to improve the quality of life throughout the UK.", lol, good luck with that, especially with Tom helping steer the ship, because it doesn't really get any easier that running a real estate company when property prices are through the roof. The fact this company has even ended up in this situation should be cause enough for a thorough investigation here. The attitude the BOD have taken towards this situation is also screaming red flag IMO.
Will there be an announcement anywhere today, or do we have to wait for an RNS in the morning?
.........before we find out what these gits have planned for us. I think the meeting starts in 10 minutes.