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.
They haven't found the companies yet that nmc brought with that $5 billion. Thats next.
Mrd tell the lot of these wasters to f*ck off!
They didnt wait on fin? Im sure they hired some investigators aswel no?
Given the scale of the fraud they will need to wait for all the revelations to come out and all of the advisors to finish their reports before the game is “officially” up...
Do they?.... I thought its now... why wait 6 months. Thats just silly.
“I would have thought administration and wipeout would have happened by now.”
Deos: these things usually take 6 months or so.
Rastuss yes we know so quietly FO and shut the door on the way out you old ******.
It dont matter what Rastuss and Adzy or whoever is saying know one has a clue whats going on here.
I would have thought administration and wipeout would have happened by now.
They could restructure and could easily open up.
This was ÂŁ25 a few months ago and many would argue that ÂŁ10 already has thr false accounting priced in. It could also open up at ÂŁ1
Adzy if he's short then say it! Other than that if he's not he keeps pointing out the negative every time. Which obviously has most shareholders confused. Is it so he can say I told you so later or is it because he is bored? Im not sure on the interest. Rastuss just say your short then it would make some sense
“The thing that I despise with this Rastuss bloke is how there is an underlying negative tone in every post“
His last post has a “strong buy” opinion next to it. Ha!
He might be short? He’s entitled to post what he wants...
The thing that I despise with this Rastuss bloke is how there is an underlying negative tone in every post. Have you noticed? He's like an annoying little midgie! Wish he'd just FO. Not invested but wastes hours trying to save us all. It's feckin suspended so FO!
1000 shares for $100 bonds. U crazy. So basically valuing equitu at 8p. Might as wel go bust then. Take everyone down. Rastuss you keep piping but where is that we are insolvent rns ffs. I want this chapter closed!
Pretty sure that Shetty, KBBO and their representative management is all in on the fraud. Hope some level of justice is served, although with most of them escaping to India and elsewhere, odds are low. Would point out that Hani B. (the well paid CIO, and KBBO man) is a UK citizen though - (is the SFO watching?). Interesting to note that the team page has been removed from the KBBO site (http://www.kbbogroup.com/about/leadership-team/)
I agree with TQ also - under banking rules, they may have made a full provision for the senior debt, but I think they will expect some to be repaid.
Mrd that's just the extra debt if the total debt was issues in shs at ÂŁ9.40 it would be around 700 million shs. I think that is a fair outcome - will it happen - no chance!
Just issue 400 million shares at ÂŁ9.40 give them to the debt holders. Then we all in the same boat.
I wasn't casting aspersions Rastuss - as I said it would not surprise me if it were true. I was inferring that it cannot be taken as fact hence inside info - I could say anything on this BB it does not mean it is true does it?
II's appear to still be trading off exchange.
Don't think Taco is telling the truth though. It would make absolutley no sense because at the very least the senior creditors would get back money from sale of assets, which is not insignificant so why write the debt down to 0. However, I would understand if a junior creditor wrote off the debt and that would suit my narrative.
Rastuss - I don't think a quote on a BB, by an anonymous poster with no proof can be taken in any seriousness.
Though it would not surprise me!
Tacotaco, if what you say is true then you have just released material non public information which is insider info.
I work in one...
...have taken FULL provision on their senior exposures to NMC, which means they expect to incur losses... therefore equity is worth 0.
What a bunch of crooks who had the audacity to commit a fraud of this magnitude!!