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Ian, good morning to you. Very well pointed out, Spikey has no shares at all in this company but feels it’s his moral duty to post on here to remind us that we’re wasting our time and money. Perhaps he’s gone off line to discuss his next strategy with his supervisor. Whoever Spike really is in real life he must have gone to the school of hard knocks because he is without doubt a very resilient individual.
Have a good day, Pete
I agree wolster, the scared left the building quite some time ago.
People like spikey are completely wasting their time.
GLA
Spikej, posted up today at 00:18 -
"hi peter. i am not knocking CITIC merchant as a company,
no negative comment implied about it as an entity. just
noting, it is not an investment bank, and EUA was issuing
RNSs about relationship with the CITIC investment bank.
bedtime, perchance to dream."
I think the 'Bedtime, perchance to dream' referred to dreaming up any new negative angle he could think of....
It is so tiresome when someone who has publicly stated they hold NO equity in this company whatsoever, zero, zilch, feel it is their moral duty to point out to the Nth degree absolutely nothing that could possibly be misconstrued as a positive post,
You can certainly spin a story ...
Your reply will be this BB is open to all and sundry....
You said it.
Have a good day now.
"Expect more - as the shorters own fear deepens so will the frequency of new and bizarre theories designed to spread fear, uncertainty and doubt amongst genuine investors."
I think most of us have been invested since the bear attack down to 2p & now post the de-list fear - there is no scared left, its probably the most bullet proof bunch of investors you could have, shorters will have a hard job imo.
GLG
Post of the morning !
I really can't see why this is still suspended. I have held stocks that are in the bid process that were never suspended.
"lol, sounds like you should be working for one of those companies
that put out rampy ‘reports’ for a fee from an AIM co. you’d fit in.
bye for now folks."
It's quite possible a deal will be completed before we resume trading. The tables have turned and the derampers and shorting crew know the odds are more in our favor now we've secured a Nomad and not had to resume trading immediately.
Our new Nomad and lawyer will have performed adequate DD and are both happy to work for us, this speaks volumes on it's own.
The news flow will be mostly positive in the coming weeks and months, save for last years accounts which we already know will be carp. The Tipil and MT flanks licences are due any time and an update from WK to confirm operations are underway.
There's nothing the doom mongers can do but try and guess how much we gap up when we do eventually resume trading.
“The percentages don’t matter.”
lol, sounds like you should be working for one of those companies
that put out rampy ‘reports’ for a fee from an AIM co. you’d fit in.
bye for now folks.
dunno, why not ask him? probably the next development of interest
from my perspective will be the statement they will need to put out in
order to be allowed to resume trading, as think that will come before
the accounts. meanwhile i’m happy to wait and watch with interest.
Green stripes still around then. jeech
Spikey
"hi anders, sure, but the CITIC group only own 46% of CITIC
international assets management, though CITIC international
financial holders —> hence, 46% of 51%, which is just over 23%."
The percentages don't matter. It's like saying a mortgage broker is a waste of time because they haven't got the funds for the mortgage. CITIC have an interest in CITIC Merchant, if the Merchant division generate a lead for $2B worth of finance are you saying the parent companies are going to turn that business away?
Spikeyj, any idea what Jak's next yarn might be?
We already had ones on VTB and CITIC both fallacious, given the storys are increasingly fictitious the next one should be a cracker?
(sorry, typo,’holdings’ not ‘holders’.)
hi anders, sure, but the CITIC group only own 46% of CITIC
international assets management, though CITIC international
financial holders —> hence, 46% of 51%, which is just over 23%.
Spikey,
CITIC Merchant is 51% owned by CITIC International Assets Management, which is a Private Equity Investment and Asset Management Company.
http://www.citiciam.com/index.php/article/management_read/catid/280/id/319.html
hallo happyscot. moneymaker reckoned 51%,
but i don’t know where he gets that figure from.
sure, i don’t doubt that there is some relationship between the two.
and yes, the HK entity is much smaller, and not an investment bank.
you may be right that it’s a mere matter of detail, but i remain curious
about it as it is the detail of the ‘relationship’ with CITIC that had sent
them into this ongoing suspension, so AIM regulators seem to think the
detail matters. i expect we will get further news fairly soon — i doubt
they will leave it to august 10th.. accounts should also come in next 2-3
months. should put the MK cashflow /cashburn into updated perspective.
SpikeyJ…..
Is that you Lamtree????
Spikeyj getting desperate......turning into a comical figure much like TDT.
Money, as I said to Ethio yesterday, some of these guys come on here to create negativity even when the evidence is in black and white in front of them. It seems ludicrous, unless of course paid by the number of posts.
ATB, Pete
I can’t believe that someone is trying to argue that Citic Merchant Co. isn’t Citic Bank. Citic Merchant Co. is the subsidiary of Citic Bank (51% interest, so a majority not minority) that deals with m&a’s.
This is just another bad attempt to unnerve some genuine shareholders, pitiful.
Spikey, you're clutching at straws. They're a subsidiary who offer M&A advisory. Their parent company is a bank with lots of money, it doesn't take a genius to see how it all links together.
lol, a similar-ish sounding name, so
must be the same then... AIM punters ...
Spikeyj still quoting jakNife, one would have thought he would have learnt by now?
If you remember it was jakNife on advfn who made himself look a ignoramous quoting GaryN's drivel about VTB, Gary making out he was calling the Russian bank and then tweeting the same with a series of crossed out numbers proceeding to decalare VTB had no association with EUA.
As we know this was not possible and Gary was backtracking the same day, an embarressing episode and one disintegrated any argument TW's mob could muster.
Now he has started with a CITIC yarn, never mind Spikey.
Anders_uk, I agree. The CITIC merchant bank are part owned by the CITIC bank, and will have access to funding from CITIC bank.
Have you seen my posts about the share deal yet? If you use the HL online share dealing account, it is easy to transfer my shares to your account online. It takes a long time to get my shares moved in to certificate form. A stockbroker may be useful to deal with the cash transfer to me. I don't have a stockbroker because I only deal online these days, but you can contact a stockbroker for advice and help if you like.
Spikey,
CITIC merchant seem a good fit? Of course they will have access to capital from CITIC bank, that's why CITIC have a stake in them.
https://www.bloomberg.com/profile/company/CITICM:CH
"CITIC Merchant Corporation Limited operates as a merchant banking firm. The Company provides mergers and acquisitions advisory, corporate finance, asset management, principal investment, and fund management services."