Member Info for doze

Done deal but not necessarily with us in charge. If we are controlled at effort and maybe expense the connections may want more than the GL and if they gain enough to win a 75% of delist conditional vote in another raise then the SP set is likely to be low. That is why I want PI's to keep their stakes and not let them slip into the connections hands. Not in Tang's interest but someone could be directing him in the background as GCM is nothing without the GL so I worry until GL happens with us still in the saddle.

Yes Searcher, your overview is the most sober one to take. I have been at pains to find an explanation that helps PIs hold onto their stakes during recent trading action but at the same time the dice are loaded against us if we are taken advantage of so try to big up our credentials and fair dues. Gudge's scenario that all will come good for us is the right outcome likely to give biggest return to Bangladesh too as insiders are only in it for the money whereas we are in it to maximise efficient coal energy and earn a return.

I will always worry until approval and scheme of development with benefits allotted to management is agreed.

The February SP/media uplift came before the fundraise and Tang would not know about the growing outcry against energy debt and Fx problems forcing the OPM question on the GoB imo. Who knows what he has promised his advisers on the quiet or what they may have demanded but events were making promises of getting in early if he had promised that- a lot more difficult.

Positive2021: possibly you give the explanation but the fund raise came early-why? Even Tang does not know when the GL is to be given and he needed to grease the process earlier than expected because we appreciated the OPM was a certainty so the raise was earlier because he had to give something to insiders to trade and gain from before we sent the SP higher. It is obvious that the subscribers are insiders of a sort and mainly in it for their profit rather than as investors . They will be gaming the system via their broker to trade the shares Tang has fed them and when approval comes we can get back to more ROI analytics: meanwhile we can expect insider manipulation in my opinion rather than a straight fundraising trade sell off.

Bengalis only enter government business as far as I can ascertain when they can see their bread is buttered whereas we take risk for due reward. It is a mindset of oppression rather than service because if they take decisions that fail as they have done, the money is wasted already as it was not their investment but just their bread buttered. I categorize the GL as BG/government business from which they get their guaranteed return.

.....and late reporting

They have maybe been picking up cheap ones at the opening too.

They widen the spread from the bottom and narrow it from the top at the end of the day with a few manufactured sells and cheap buys after the market has played honest. COP goes down or stays the same as a result. My idea on it anyway.

The broker Axis, might sell some cheap ones.

More real time reporting making it look different KC?

Header say all!

Gudge, 7.42; I agree there but to what end. Axis selling nominee client subscription shares to insiders to grease the wheels? I am hoping after all some of the subscription holders must be insiders at an even higher level of insidership with a guaranteed future/commercial association with GCM so are investing in the future Bangladesh style.

This man/agency probably advised or ordered it? He would be pretty clued up.

Agency executive of the Power Division of the Ministry of Power, Energy and Mineral Resources; Habibur Rahman

From January 2003 to September 2005, Rahman worked at Finance Division at the Ministry of Finance as a Senior Assistant Secretary.[5] From February 2006 to May 2007, he worked at the Ministry of Education.[5] He went to serve 15 years in the Ministry of Finance.[5] In 2017, he received the Public Administration Award.[5]

On 12 November 2020, Rahman was appointed Secretary of the Power Division of the Ministry of Power, Energy and Mineral Resources after being promoted to full secretary.[6] He was serving as the additional secretary at the finance division of the Ministry of Finance.[7][8] He replaced Dr Sultan Ahmed.[9] He spoke of building charging stations for electric vehicles.[10] He was later made Senior Secretary.[11]

https://en.wikipedia.org/wiki/Habibur_Rahman_(bureaucrat)

Hasina has created a power vacuum as she tries to be nice to everyone. She would gain power by being decisive over OPM and taking dissenters to task. Advising could go on forever while all suffer if she doesn't get proactive. She is very fond of jaunts abroad- a dangerous policy in my opinion- while the cats away etc.

Who is the adviser?

Jamesss; I cannot switch to a trading mindset here so how do you propose I stay balanced. If I were to try trading I would end up confusing myself as I am invested in GCM with a binary point of view.

I respect you and Professional but it appears you cannot respect those operating to a different mindset who you could cause to lose on following you.

I might choose to invest for a swing trade or some other type of trade somewhere else but not here at the moment.

Do your own thing but please take the dog collar off.

With adam setting the agenda for them, definitely need some kicks delivered to meet the schedule.

God?

Solstace-I have appreciated getting a sino/Bangla commercial relations lesson from your links.

Re Barisal, I am sure GCM will far exceed return for Bangladesh than Barisal does

https://www.gem.wiki/Barisal_power_station

According to New Age, the company is "constructing cofferdam for the project without obtaining environmental clearance from the Department of Environment." On August 2, 2018, villagers submitted a public petition to the prime minister urging the government to stop the project, alleging that the company was purchasing lands with the help of illegal brokers with forged documents.[21] In October 2018, the government said it would investigate the claims.[22]

In February 2019, Transparency International Bangladesh again called on the government to halt the plant's construction, claiming that the project had no approval from Bangladesh's Department of Environment — as well as claiming that local residents who have filed claims for compensation over land acquisition have been threatened and even assaulted.[23] A study conducted by civil society organisation the Bangladesh Working Group on External Debt (BWGED) says 153 families are directly impacted by the construction of the coal power plant. Of them, 142 have been evicted by force.[24]

The BWGED study also noted that, when operational, the power station would emit 7,081 tonnes of carbon a day and damage several rich ecological zones nearby, including Tengragiri Wildlife Sanctuary, Sonakata Eco Park, Laldia mangrove forest, and Fatrar Char mangrove forest. It also raised the fear that hot water released from the plant into the Payra river would have negative effects on the hilsa population. Barges carrying coal to the plant will also move through a hilsa breeding ground. Hilsa is not only the favourite fish of Bangladesh but also a major revenue earner through exports.[25]

Isn't buying back the licence honouring the agreement? I just think commercial agreements/contracts could be trumped by geopolitics in the current era but GCM should still be rewarded before exit. I want to see the OPM and cannot stomach an artificial hold up of the bickering type eg behind doors Hasina being told we will never get behind it while GCM is in charge. That would just be typically symptomatic of why nothing useful gets done to help themselves. Pig headed people.