Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone 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.
Horizonte must now consider alternative options for the Company's subsidiaries in the interest of its secured creditors, which may include raising financing at the subsidiary level, a sale of the Project whilst in care and maintenance, the liquidation of the assets of the Project, or other options available under Brazilian laws. The Company does not believe that any of these options are likely to recover any value for the Company's shareholders
Sorry holders, looks like the writing is on the wall now. Hoping you recoup your losses back elsewhere. ATB
π‘π‘π‘π‘
π©π©π©π©π©π©
π€¬π€¬π€¬π€¬π€¬π€¬
Β£5k i couldn't really afford to loose lost. Lesson learnt.
After all this I must first offer apologies to Pub and Cont for calling this correct, we should have listened. Please donβt say we told you so.
I made my decision to hold in haste and now realise I should have absolutely thought more and exited.
There will be various amounts of losses which no one is happy to take.
Iβm upset for all whatever your circumstances.
So sorry all you good people.
I backed this company at outset and like JM who appeared honest and hardworking-Iβve even got a paperweight made of nickel from him.
I sold out a few years ago-more by good fortune than anything clever.
Hugely disappointing after all the effort for everyone
My commiserations to you Rover , Lessons Learnt.
Not sorry for the the likes of Lawrence who gave me and others who were realistic about a possible deal, nothing but abuse , for him I can only say πππ
Barely any point selling now , surprised itβs not been suspended TBH
Assets are never too big to fail when the costs spiral. Rampers encouraged people to buy more here.
Traders share now but they won't be carrying the baby.
Just a quick message to fellow investors: it is incredibly painful and devastating when losses accumulate, so please look after yourself, each other. I lost huge amounts in the crypto bear market and elsewhere. Cliched as it sounds, oneβs health, family and friends matter most. Everything else is recoverable or irrelevant when you zoom out. All the best ππ½
If you lose money this year you can claim it back on next year on any capital gains from next year as soon as you can make it . Life is More important than money as soon as we are health and active so it is not in the end of the world.
No its not the end of the world but if you need it for bills food or etc its very important
They have over debt multi millions so how can they pay it back event they sell its projects not value at that price . Haft mine built worth nothing and all building not finished yes .
Abandoned ship just others bad CEO with promise so muck and keep bad thing from shareholders until last minute. How FCA could take ex CEO to take any responsibility as it show CEO and BoD misled info . If they didn't anything how convince new investors support share in financial market when all crock only try to rob and steal money from investors?