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.
'There’s still a possibility this is an outright fraud'
No dont think that is so. Its more likely the centre of management control was in the holding company rather than nmc and the rns in november said they were fixing internal control issues. Hence the director exit. It looks like classic private equity vs statutory. How hard they will come down on the directors will be interesting. The share register issue is potentially 6 months in jail alone according to the companies act. All imo
They haven’t really. There’s still a possibility this is an outright fraud. this is still very binary and a risky proposition. I don’t trade what I think, only what I see, and price action is my #1 cue and based on that it told me to get long. I could however very quickly be wrong.
Also I stand by that the quest article doesn’t have anything new - that’s just the truth.
He’s quite sensibly (and obviously) reacting to new information and new events.
adzy why have your posts changed from being very negative, slating the Company to now being optimistic and positive?
Questor article has no new information. But from experience it is exactly the type of article you want as a buy signal.
This will tank tomorrow after Questor article.
Everyone has an opinion here one way another. So lets wait and see.
In my opinion of course. DYOR
Freeh report will find things wrong, you can be certain about that.
IMO takeover is the worst option, unless at a significant PE multiple. This will re-rate if the results are good and all the allegations from MW report are proven to be incorrect. Have patience and hold..
'The idea that they were caught off guard and suffered 'unexpected' margin calls just beggars belief'
They will have pencilled in a sales price in their original offload plan. Presumably it was £12?. I think there is still a 90 and 180 day block on selling their remaining shares?
Elon musk put his shares as collateral and im sure many others have. Didnt work on tesla. It worked here. Muddys had other targets aswel. Some it works some it doesnt. All I know is if shares held on collateral its risky because the shorts will force it to that point if they can to close their shorts.
They both clean. Nmc is in healthcare fin is in finance. I just prefer healthcare as it is unaffected in a recession.
Ok yes, but these disclosures were after MW report, and (so far) FIN seems to be clean.
If they did they would of sold around £28-40.
They didnt. They didnt forsee muddy waters and a drop of 75%.
Not in NMC but am in FIN which has been dragged down heavily by this 'Shetty' saga. The thing that gets me is that these people are not stupid. They must have known that these disclosures re share pledges would have a negative impact on the SP of NMC and FIN. The idea that they were caught off guard and suffered 'unexpected' margin calls just beggars belief. I just can't believe they would be so daft. They would have surely have covered themselves somehow?