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i am in a position here where i can lose £10k and not worry too much about it...because in the past i have taken risks that could have bankrupt me ...but i was rewarded for taking them.
i will continue to take them. Some you win and some you lose.
AND remember...Shares suspended, no administrators appointed yet...says shortly.
And they have until 11.59pm!
Well said Parkez..... plenty that like to gloat at other peeps misfortune.....small punt for me that didn't come off....a bit miffed of course....but knew it was nothing more than a gamble....
Hey, first time posting and took a gamble on Intu yesterday :( Trading212 are still accepting sales - best to do so now!
Is that correct values for trading today? Over 1m pounds worth of shares were bought????
The whole market is a bit of gamble where some present a higher risk/higher return - whats wrong with that? Why do we deserve to lose money? It was 50/50 right until this morning so a pretty good chance to at least triple the money. I think thats fair
All reits look dreadful now. This was not part of the plan. You put your money in a property fund and they go bust? It smacks of the City setting this up, promoting it, loading it with debt and stripping it. Ending up with billions from pensions. Easy money.
Shami89, why would people who gambled deserve to lose their money?? We are all here to make money and sometimes that involves risk taking. No need to be a moron
Commiserations to all of those left holding at the end.....one hell of a rollercoaster last few days. ..In the end a bit like musical chairs.... someone was going to be left without a place to sit in the end.
.
A huge fee fest for KPMG, which must sweeten the pill for a business that has been censured so often for its audit standards. Google KPMG and censure and you struggle to decide which one to look at first. The reward for an incompetent audit is just more administration work for another of the big 4. Something seems wrong.
Now for all the posters that said i told you so!
Now for all the posters that say i got out at unbelievable sps.
Accept it was a gamble...most know it was a gamble.
Just because some dont have balls for a gamble (or maybe no profits to gamble) dont come on here putting down those that did. Thanks.
I would grab the money out of your trading account ASAP before you find the trade did not execute properly!
Yeah I’ve been thinking about it all day, have always wanted to hold till today, but my Brian just clicked and thought nah it’s got no chance, sold at a 69% loss, but better than a 100% loss. Onwards and upwards I guess.
Mouseman31 - Me too.. was able to get out on 212 after the news was out. Not much left since this morning but lucky to save whatever was there
Those who bought it today after that RNS were gambling so if they have lost money then they deserved it.Having said that Bod is responsible for shareholder's demise as they had plenty of oppourtunities to raise the money and decided to do so when share price was 10.
Admin RNS out
Further to the announcement made earlier today, intu properties plc ("intu") announces that application is being made for James Robert Tucker, Michael Robert Pink and David John Pike of KPMG LLP to be appointed as joint administrators (the "Administrators") to intu and several other key central entities in the intu Group. The appointment is expected to become effective shortly.
Dunno how but I managed to execute a sell on 212 about 5 seconds before the RNS came out. Unlucky to everyone, I’ve been here a while myself and sad to see it end this way
they ll blame all this on a virus which only seems to infect 0.003% of the population
FCA called the suspension. Think they got fed up of waiting for the company to do it themselves!
4.5 billions not small and how they let it loss over 2 billions on 2019 . Bye bye and very sorry for holder .i ve gone through losing money on administration so i understand how bad it is
hope you all haven't lost too much :(
https://www.investegate.co.uk/intu-properties-plc--intu-/rns/appointment-of-administrator-and-share-suspension/202006261343482599R/
kpmg are really dodgy as well -wont be any good outcome here
The grim reepers have arrived.
Unfortunately it’s over..commiserations to all holders.
Cant see anything in the news