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It’s just amazing to me how long lse allowed that creature to remain on the platform. It’s very nice to see some actual debate taking place as distinct from the invective that has blighted this board for so long.
Dear Anovas and Manyana,
I still cherish hopes that I shall have the pleasure of making-good on that promised dinner in Ballymaloe.
It’s been a long-haul and I’ll never get my investment back but if there’s enough to pay for a decent meal for you both, I’d consider it an honour.
In the meantime, stay safe and well.
Aqua.
Yes, old ND, Sobeit, Anovas, Jimmy24 were a good bunch. The II board of directors should be sacked for destroying what was a vibrant and generally well-intentioned set of boards. LSE have done a good job giving a home to those waifs and strays.
Well, that’s very nice news. Perfect timing, exactly as expected, no surprises. Finally it seems that Providence have an effective and competent management team after more than a decade of shareholder misery.
Linn has done something the bronzed one never did in his life. Voted confidence in his own company.
Well it’s good news, I must confess when I saw the words “world-class” in the RNS I felt a frisson if doubt. The Bronze wealth-destroyer used those very words frequently to mean dilution for me and a pay-rise for him.
Still, prima-facie, it looks hopeful.
I didn’t ask you. You are either “challenged” or you have “an agenda”. I suspect you are “challenged” as your argument is so facile that a half-decent trolling algorithm would do a better job.
Get a life.
I love him dearly but in his previous incarnation on ii he was certain that the EU would cave-in over Brexit and shaft Paddy. We all see how that turned-out. Old feller has strong opinions but he’s not infallible.
For goodness sake. The suggestion that this is some kind of smash and grab raid by the Chinese is ridiculous. If you can buy-in at 10m why would you subject yourself to years in a courtroom at vast cost simply to risk losing everything.
I don’t have a lot of faith in baby but I can’t see why there is any grounds for the suggestion that there is a conspiracy ... it would make no sense.
Purpose?
There is no purpose, it’s just O’Reilly blabbering. He doesn’t engage his tiny brain before he opens his huge mouth. The handling of this has been a PR disaster as usual. He never misses an opportunity to miss an opportunity. That said, there is no reason to conclude that APEC are anything but a bona-fide partner. The statement that the transfer is delayed in execution is really irrevocable. The money is either on the way or the board are on the hook for lying to the stock market. I don’t think that he’s a very effective CEO but that’s as far as it goes, he’s not going to make a statement that he cannot evidence with paperwork if challenged by the authorities.
Providence can batten down the hatches and wait, for months if necessary. Do you think the staff that are left are going to starve? Do you think that, after all these years, Tony boy will give up his company without a fight? The only speculation about “drug money” that I see was started on boards like this by people who have no idea what’s happening and perhaps want to drive the share price down. If they published it in a newspaper they’d be sued.
I really don’t think there is anything to worry about. At this stage the one-eyed goat herder would be in serious trouble for making false statements to the market if it isn’t in the pipeline. All this talk of “hot” money is not appropriate, there is no reason to believe that APEC are anything other than a reputable company. 10 million dollars is a lot of money in China. When all the i’s have dots and all the t’s are crossed, it will arrive.
Yep,
I reported that thread. It’s unlikely that anybody would be stupid enough to believe everything they read here but it’s still not legal to knowingly post misleading information.
Looks like she’s doing a test run prior to mobilization. She’s sitting there on DP.
I've been watching the chat for some time now.
I don't see what the fuss is. I do business with China all the time. This type of delay is normal, it means nothing, it certainly does not mean that they are short of cash, or reneging, or anything sinister at all. Things are different in China, its difficult to get money out of or into the country. It shows that Baba O'Reilly doesn't know what he is doing but it is no reflection on the Chinese, there is a lot of bureaucracy, its just the way things are. The culture is different and there are a lot of hoops to jump through, particularly when you are dealing from RMB to Yen to Dollars or Euro. The typical transaction involves a conversion from Rembi (Internal Chinese Currency) to Yen (External Chinese Currency) to Euro or Dollars. Its slow, but once everyone is happy, it gets done. The penalty for financial misconduct in China tends to guarantee that you don't get the chance to get caught a second time so people are naturally very careful.