Member Info for 962962

Extract from my broker reply (not HL) received FridayFor info also had to follow up after initial fob off.

"In your first email you asked if we were notified on your behalf of the proposals to move from a premium to standard listing. I can confirm that we were not advised of this proposal. I have looked back at what information we received into the Corporate Actions department from the London Stock Exchange and can see that all we received was the date of the meeting that was held on 14 December 2018 but the proposals were not detailed. As a result, we were therefore not provided with any details to suggest that your shareholding would be affected. If we had been, we would have written to inform you accordingly. "

Plain or what.

Tav.Perhaps part of the money could be for incentive payments for the staff to stay.If I were in their position I'd want the money upfront.

"Flybe Confirms It Received Preliminary Contingency Proposal".Past tense/historic.
Anybody any thoughts when this may have been ???

Theanalyser.Would you "assume" then,that skywalker given his/her employment dates,would be in the old/scheme you mention.???

Skywalker/westinsterDon@t shoot me down on this,it is just my thoughts.
I have only read the first paragraph of the article becuase I am not going to subscribe for something I may only use ince in a blue moon.
When i took early retirement,(a nice final salary joby),I took the pension.Therefore I made no more contributions,and neither did the company,so that figuire is fixed,other than a "cost of living rise",which is linked to to the CPI rate for a specific month,whic in my case I think is October.That is it..same ammount till i pop my clogs.As the pension provider is an "outsider",jobs a gud un, safe,unless the provider has problems.!!!.

Skywalker.As an ex employee you will virtually be in the same position,your "Pot" is frozen,untill you reach the schemes retirement age,then it's yours I assume.IE its there and cannot be touched.

As stated,I have only read the first paragraph of the article,but they Quote a figure of 135,000.Is or could this figure be the staff employed at the moment building their "Pots".

The press have a very inticate way of wording things so you may not fully understand what they are saying.Are they saying that the 135000 contributing staff at this time,have an expectation of what their final pot will be,but if the company fails,you have no job,no job no contributions by you or the company,projected figs useless.

Again,I have not read the full article,these points may well have been put in print already,I do not know.

Good Luck all

fieldmouse1.Well said.

Hereshopin.Lay off mate,the guys desperate.You can have your thoughts,but in this case keep them hidden.

exetrchief.Brady has not been mentioned much here,but we know there is not much love lost between he and Mr Tinkler.Was it not Brady brady who removed Mr Tinkler from the board of Stobart.The SHAREHOLDERS,then voted him back,and Brady againt the shareholders wishes got rid of him again (Within 24hrs I think).Sound familiar.ie you are in theory the owners of the company and I (in theory I am your employee) but stuff you.

Badlyburnt.Re you want them in prison.totally agree,as per my comment 100% satisfaction/gratification.Although while typing no.I want them in a penal colony in the middle of nowhere doing hard labour with minus prospect of release.
As you state you have crippled,and you have my total sympathy,BUT no matter how much research you do you have to admit you did take a gamble as we all did.Nothing is a dead cert,if there was such a thing,we would all pile in and be living on private islands in the Maldives or where ever.

All must remember that 100% of shareholders have lost here,be they institutions/PI/even BOD.We have all gone from cica 16p to just over 3p with the prospect of 1p.
In my own case I have lost,but it was the gamble I took,and my choice.I don't like it,but again in MY case I can live with the loss,but do understand others have been crippled.
Compensation..It' a very very slight possibility,but I as with everybody else I can grasp at a slight hope.
What is my personal hope.OK i've lost...but my hope is the bastards who have caused this are dealt with.Monetary wise for me 0,satisfaction/gratification 100%)

So.not being sarcastic,the mail on line,is an abriged version of the the actual Daily Mail itself?
So the internet/web,COULD be classified as not a fully reliable method of passing information?

Pianista.Morning to you.
Is this not the crux of the matter.I also can see nothing in Daily Mail on line.
But and it's a big but,that does not mean it is not mentioned on page 105 of the hard copy.Nobody else has confirmed or denied as yet.
A bit like the vote/circular.Are we getting lazy and relying on Internet/Web for information,rather than having a hard copy.

Tav.correct.If you had read/ been privvy to the contents of the circular....ALARM BELLS.That was why I made the comment " designated somebody to monitor the flybe web site to see what 2 had to say.IMHO???"
You, with all due respect,are not a proffessional,they supposedly are,If it rang bells with you,it should have been like an air raid siren to them.

Tav.Cheers for reply regardig 1 and 2.Possibly agree with you.But, and a big But,if they did get 1 I would have thought they would have designated somebody to monitor the flybe web site to see what 2 had to say.IMHO???

Regarding corner shop/supermarket.to start off I was very upset with share.com,and advised them that I Intended to pull my account and leave,bear in mind that was 2 weeks ago.Looking back and seeing how the "oposition" have behaved,I aint going anywhere.

Tav.you are missing the question.Hl did get the meeting info.share.com did not. yes/no

Tav,just picked up your early reply.
For your info my initial complaint was sent 17 jan,and conclusion today.
Moral of the story,with respect to my broker,use the corner shop instead of the supermarket.

Tav,Just anither point,for my own peace of mind.
By the replies that you as a customer of HL,they are confirming that they received the informationn,but internally they made the decision.not to tell you.
My broker on the other hand,clearly stated,that they had not been informed in any way.The reply has been viewed by yourself .
So,as I have been saying for weeks,only certain institutions were informed,and the BOD could cover their backsides by saying the likes of HL were informed,but we knew or made a deal that they would not pass that information any further.Hence a guaranteed favourable vote.

Parmzx.THEY ARE SQUIRMING.

Tav,forgive my smugness,but I do accept I may be the only one on this board to have reccived definitive broker reply.
Knowing my line of action/outcome,can you and any other posters confirm a time line.
1 Contact broker to express anger re non advice of divestment vote
2 Reply from broker,basically fob of letter,go away
3 Back to broker,not happy with reply,want claim escalating,
4 Broker states ok will escalate claim.Will let you know.
5 Other than me,your still waiting.

Am I on the right track here.

Now the main culprit here,seems to be HL.Other brokers are invoved,but Seems to in prime position.
That being the case are HL following the above time line.
Are there letters standard,ie fob off/escalate etc are they like a template or individuially written.I would have thought by now,perhaps not for the very early complaints,some form of template/standard reply would have been drated for each stage.
If they are individual,are thet all quoting the same excuse,IE singing from the same hymn sheet.
If they are all different/seperate excuses,I would guess they are culpable and don't really know how to get of the hook.
HL customers liase/copy and paste between yourselves.All good info for Eric Kohn.

ma5k.Correct,do you now appreciate,the confusion regarding the circular.It may well have been there in the RNS.The RNS may well have pointed you to the flybe investor site,but in your words "but on refection how are they supposed to know if not told?",you have to appreciate the anger on this site.
I for one was advised that i should have trawled the web page looking for the relevant page/box to tick,no use to me after the event.But i have now found the page,ticked the box,so all should be ok with my other holdings.
As they say you learn by your mistakes,unfortunately this one has been costly to an extent.