Member Info for andykc1962

I dud advise at IPO time that this was suspect at best

It will turn into a money pit as per many aim shares

It sounds like a bit of a scam to me.

Splitting this into a separate company will almost certainly be to the detriment of shareholders or maybe I am just being sceptical ...

I am only 99% down on my holding

Not at all

I just don't think it is a good investment

I really don't understand why anyone would want to invest their money in yet another prepared meals to door service

They are ten a penny and have no usp

I might be a bit thick but surely if the offer price was £3.90 and is now £2.90 then that is a 25% drop and not a 10% drop or am I missing something?

If people honestly sold thinking the price had rocketed and were not aware of the consolidation then frankly they shouldn't be dealing in shares at all

Not unless there is a consolidation!

Both CELLULAR GOODS and KANABO are being bought on the back of no real foundations

They have yet to prove themselves and still people pike in despite the prices rising by crazy percentages on the back of no firm foundations

Yes the CBD medical market is huge but we are at a very early stage with lots of bigger players

It seems to me like most people here are buying at crazy prices, into a company that has no real medicinal products

The company website advertises it's products in the same way that a coffee company would, indicating the effect of various shots

https://www.kanabogroup.com/formulations/

They may have a good future but it is very dangerous to buy on a crazy escalating price

Just my opinion .....

The

Your broker will remove your WH shares and pay you a cash sum equivalent to the offer

This is the last time I am going to lose shedloads on an AIM company that seemed to be the genuine article

The BOD always knew there would be problems raising finance but kept those facts to themselves

It looks then as though Anglo American will get the company for a steal and as usual the PIs will be shafted

Unfortunately despite seeming to be s great company I was drawn to the cash position in today's RNS:

The Directors are investigating securing new sources of capital as well as other strategic initiatives and options."

Well below £3 now....... Unfortunately they are operating in an industry where electronic payments are becoming the norm

Not impressed that I have bought into this great company over the years and they are now giving it away

I wouldn't hold your breath over those profits! And not really a good comparison to Tesco as they have massive financial clout

As a result, the Board now expects the 2018 full year results will be materially below expectations and that the reporting date (previously 12 March 2019) will be delayed. Whilst the majority of these accounting adjustments are of a non-cash nature, this does nevertheless mean that the Company will have exceeded one of its banking covenants at 31 December 2018. We are in discussions with the bank with a view to agreeing re-negotiated facilities. In reality a cover up that has now been exposed It's about time the full force of the law started dealing with such issues

With the amount I have lost in this share it's hardly worth selling before it's delisting Hopefully the private share cert may generate a future dividend

And am a holder but surely this is just a sticky plaster over a large wound

Realised that with my trading fee I would get a big fat zero.....