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Hi loc, hope you're safe and well and not caught out to much on Koovs, we are still in the Twitter group and still have that space for you in the bird cage. Feel free to join.
He seems to think he is some sort of hero now
https://www.thisismoney.co.uk/money/markets/article-7778485/amp/Asos-India-Koovs-rescued-founder-Labour-peer-Lord-Waheed-Alli.html?ns_mchannel=rss&ns_campaign=1490&ito=1490&__twitter_impression=true
It’s FLF who have shafted us not the BOD.
Wouldn’t be surprised to see see them fold shortly or come up with the cash.
I have long thought and stated that FLF was financially struggling and the Blackstone deal merely swapped one lot of maturing debt for another.
Biyani was stringing Koovs along and our BOD was between a rock and a hard place,they have now shafted FLFwhos investment is now worthless as is the investment bythe HT.
fLF will still need Koovs to support their online platform and Lord Alli will direct the price they pay.
He now owns 100% of the company without having to inject any new funds
He can now have a rights issue to raise the funds needed to continue to trade and the LTI can participate .
Youve been very vocal here over a very long time. I didnt agree with all your comments but some were proved right and its not fair of some others to make out you were ramping..quite the opposite..youve been very scathing at times of Koovs and their BODs. I for one wish id listened more to those opinions. If your still holding any significant amount here then your in the same boat as the rest of us.
Dont stay silent now. We all need to stick together.
I’ve sent some emails to relevant people, but shareholders need to make this news tomorrow before the election, someone must be interested in this story.
What i would like to know how he can put a company that is owned by shareholders into administration then buy it back without any consultation with shareholders . this must be criminal.
We all need to post to every twitter etc accounts condemning Alli and making sure it was forwarded to Labour leaders and other Lords, we have to make sure everyone knows what he's done.
Putney was a very knowlegeable person, brought a lot of good information to the table, problem is you couldnt tell him anything, always argued against any negativety this share was going to sky rocket and make everyone rich, and it could have done but for some reason that we will never know, it didnt.
But if you look back on the news there is a pattern this was coming. the new rules in india was the icing on the cake for future.
irrespective how much biranyi and ali are worth, it is obvious they either cant raise the money themselves or they can see to much money is needed to get this up there.
It’s a sad man that gains satisfaction from others loses on the stock market . Putneylad made many informative posts . Not his fault company was run by a fraudster , good luck on future investments putneylad . Can’t win them all
Chinner where did you see that it had been up for sale since october.?
So they already knew in October? Wow!!
Blatant lies from the crooks, crooked Ali’s reputation is no more, he should be arrested. I know a lot of people that will be very very upset at this and he will need to somehow crawl out from under his rock and talk to us shareholders about our hard earned money that he’s stolen from us.
They don't intend to appoint a new Nomad...is not good
https://beta.companieshouse.gov.uk/company/12262539/filing-history
Incorporation date, 15th October 2019, this company was setup in readiness to buy the assets from Koovs before the RNS of November, but Koovs board did not tell shareholders?
Game over, end of. Move on people and the very best of luck.
Not one of you lot has got a clue, on how to deal with this or what to do. None of you has any inclining on costs either, and if you did, whos going to pay for it all. because it wont be cheap I can assure you,
Andy if you win which you wont, there is no money in the pot, nothing its all gone. you are all grasping at straws,
We need to get in touch with Jambon and Putney to see what and who they know to help with this, I don't believe they will have sold out. There is a journalist who works for the Telegraph Laura Onita who did a piece on Ali in june when she worked for the standard she may want to do a new piece on how he has ripped of shareholders.
Yet another stitch up to fleece investors , sorry for all invested here.
The NOMAD is equally to blame and legal action, if there is a route, should also be directed at them.
I agree with you Chinner must be something we can do i would have thought there would have had to be a shareholder meeting before administrators could move it on after all private shareholders amounted to about 50% of the company.
We need to join together and file a case against Waheed Ali. He is the NO 1 Robber.
There has got to be something that can be done here, this just can be allowed to literally rob loyal shareholders who completely trusted these crooks, anyone got any suggestions?
The app is still running with 40% off with the code: steal40, guys got no shame!
WAHEED ALI has legally robbed the common mans money legally through the system. Shareholders need to take him to court for misleading and hiding his takeover intentions.
"There is a legal claim against FLFL which will be left with the administrators to try and recover value. This could potentially see a return for creditors, including shareholders, and we will provide an update in due course."
Has anyone ever come across anything like this before? could the shareholders receive something?
Has had a good day today, shafting shareholders and I see silvergate media has come into £195 million too. I hope he chokes on his sprouts at Christmas, or whatever the greedy ££££ eats.