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nickyg move on. Accept that investors wish to express their own opinion. Thats what investing is about . Expressing your money in an investment. Don't get so bothered what other investors do. If your accepting the offer, then I respect your decision... Good luck to everyone in their decision making process...
What are you all expecting from FTO? Has it never occurred to you that it was only a gamble, right from the start, and unlike many gambles most won't lose their shirts. It is all very well to have a sense of fairness, but why any institution would want to become embroiled in any action against FTO to make small shareholders a few pennies is beyond me. Get out and move on. It isn't going to happen. There are thousands of other companies to have a flutter on and complain about. How about Igas?
My FTO shares all held under a Barclays ISA. They say that as this was just a 'meeting' and as they are execution brokers only they saw no necessity forward any details to shareholders. so I emailed them via their website and asked for their confirmation that that would submit my 'no' vote in February. This they have confirmed in writing.
Agree with earnacrust. Barclays have been distinctly unhelpful in dealing with this as a corporate action. They seem to regard it as a done deal and require clients to jump through hoops to get their wishes actioned.
How did you manage to vote inside your Barclays ISA? I have e-mailed them but still received no response
I am accepting the offer, as it will give a fair profit, and I cannot complain too much over the past 20 or so, as there has always been money to make, even if it has been a duff share. Roger seems to have had his head turned by China and their wonderful ways.... Good luck to him, and I hope he has learned something from his foray into FTO, and the Chinese way of doing things.
Just voted NO via Barclays Stockbrokers on over 1 million FTO shares held in my ISA. Let's just hope enough of the larger, small shareholders vote to make a difference. Was encouraged by other members of this message board so we'll keep our fingers crossed! The BOD have definitely contrived to weaken the share price by with holding the dividend for 2014 and putting out a very downbeat & depressing Chairman's Report. I feel scammed by the BOD. My wife always warned me not to trust the Chinese, it appears she was right.
I have made quite a few inputs into this debate and I really have enjoyed all contributions whether I agree with them or not. During the course of this debate I have learnt a lot from my fellow investors and like roger.ed will miss you all. Best wishes to everyone for the future. For the record I was always against this scheme/offer and although I would be well in the money there are other principles I believe you must uphold if one believe's in them. This offer is in my view is derisory and totally unfair in terms of balance sheet valuation, thus my wife and I have just REJECTED the deal through our dealers HL.
Glad you got sorted...enjoy the rest of your hols.....
Thanks very much dell ,have now posted a no vote via capita. There is not a old car to be seen in the part of China we visited (Guangzhou) also no petrol mopeds only electric, all surprisingly modern and progressive , I will miss following this BB ,roger
I like you hold certificates...I am registered with Capita also. But the offer document has been sent by post this time, However you can vote online if you are registered with them Enjoy your trip, it sounds fantastic...:-)
Can someone tell me how I get the voting forms, I will be out of the country till 15 February , so wonder if I can vote online. Capita usually e mail me fortune info but have had nothing from them. I hold paper share certificates. Ironically am in China on first visit and pleasantly surprised to see firsthand their booming economy state ot the art airports etc.sorry that fortune is coming to an end for us. I can only see China continue to boom. I intend to vote against any help appreciated thanks
Interesting find by Bam Bam Rubble on ADVFN board.about scheme cancellations in scheme takeovers... http://talkingbusinessblog.gateleyuk.com/2014/12/04/autumn-statement-key-changes-to-takeovers-and-shareholder-returns/
Good to hear form you...hope you are keeping well...:-)
Voted No yesterday for my remaining holdings. Though sold a few to bank monies ; eggs baskets 'n all. The speed at which (a large parcel) was picked up suggested to me that this vote will be close. Still a significant holder and hoping for an higher offer (thought that the lowest offer should have been the highest price in last 12 months).
thank you for that
It doesn't matter.......they are going to the same place. Just pop them in the envelope and post them...... Just make sure you have signed what has to be signed and ticked what has to be ticked.... Good luck....
sorry to be dumb here but I have been following the discussion on here and placed my marks on the yellow and the green forms.. but I have discovered I have two envelopes in which to post the slips back.. one is addressed: PXS 1, 34 BECKENHAM ROAD AND THE OTHER IS ADDRESS: CAG 1, 34 Beckenham road. I cant for the life work out which form goes in which envelope..
Based on my experience, I suggest you keep close tabs if you want say "no".
My holding is with Halifax and i've had notification but no information or forms to fill in as yet, so hope/expect these will be forthcoming shortly
Don't know if I am alone but I've heard nothing from Barclays Stockbrokers, where I hold some FTO in an ISA. Contacted them by email but no mention of a set of forms to complete. So, I have asked them why this seems to be the case for HL clients and not BS.
If you hold shares in either in a SIPP or ISA you will hear or should by the provider. One of my holdings are SiPP and have indeed received an e mail with a deadline of 25 Febrauary. Note that this is not on a vote so you do need to make your mind up one way or another.
You should have received your offer document by now.. That is regarding the FTO website..... You will probably get some thing in the post soon, if you hold certificates.......
the email is Notice of Availability - scheme document. then go to fto web site click on reports dec 18th then click on agree. this is the only notice I have had from fto