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.
Rich
I had just read this weeks comments before a saw the bbc article, so it was fresh in my mind.
Absolutely, it’s great that Ed is investing along side us, shows commitment in the venture and reassures investors by being aligned with shareholders.
Well that was a masterclass in misleading people Longlad, as you link to an article, then post a quote as if it's from it, but it's not, and seem to be just your own spin! ;)
To be honest I think the article is a load of sh*te anyway.
There's all manner of dodgy dealings on the market and this sort of thing pales in comparison.
Frankly I'd be more reassured by a fund manager putting their own money into the companies they're buying into with their fund than if they didn't! At least they have confidence in what they're investing in rather than putting other people's money but none of their own.
erm Longlad.
There's nothing secret about any of the directors holdings in any of the companies
That would be most of FFWD, Longlad. The majority of its holdings are ones that the directors are already invested in- that’s how FFWD managed to get invested into them.
https://www.bbc.com/news/business-50089887
“Young Ed McDermott has an interest of 11,500,000 shares in EMMAC and is set to make himself a Millionaire very soon if the company manages to pull together and carry it off.
He'll be £7,187,500.00 pounds better off.
I'll be genuinely happy for him and hope that he remembers to purchase some FFWD shares with his new found wealth.”
I’m going to Leave this right here; ‘Fund managers are not supposed to invest in the same companies as their funds, because they could potentially profit at the expense of investors.
This is because their size means the funds can drive up a company's share price when they invest. The fund manager could use this power to push up the share price in the companies where they have personal investments, rather than picking the companies that offer the best returns for investors.’
Young Ed McDermott has an interest of 11,500,000 shares in EMMAC and is set to make himself a Millionaire very soon if the company manages to pull together and carry it off.
He'll be £7,187,500.00 pounds better off.
I'll be genuinely happy for him and hope that he remembers to purchase some FFWD shares with his new found wealth.