Member Info for herb6345789

Your self - deception is showing Ironic. I hold some of these but they are not an investment-they're a gamble with a small chance of success. I hope you haven't bought more than you can afford to lose.

sell .634 buy .9

~We don't know which Morris family is referred to and even if it is the family you think it might be they could still be making a mistake- but I agree that there is some important reason/s for keeping KBE afloat despite its debt. I don't know what those reasons are though. Do you?

I don't know whether anything was "glammed up" - because we don't know how KBE arrived at the estimates they gave. Are the figures based on what they are asking ( to agree to the lease termination) or on something they've been told? Also, if you are right and the only price sensitive information they had to give was that there had been a request for the termination of the Marina Dorcol lease, why did they give estimates with exact figures when they could simply have said that they expected a positive result for the company?

sorry, that last sentence should read: the termination of the lease agreement is NOT certain.

on price sensitive information-and why there may not be a reason for either today's or yesterday's RNS to be released: "The information needs to be specific to the company and there needs to be some certainty to it." As the information released is by KBE's own account no certain or guaranteed : the company "estimates". The only certain information given is that KBE "has received a notice requesting the termination of the lease agreement " for Marina Dorcol. Note the use of "requested" rather than, for example, requiring or announcing. Requesting must mean that the termination of the lease agreement is certain. So again, why the RNS? http://www.out-law.com/page-8300

Why issue today's RNS? I think you've got a point there, but also, why issue the RNS yesterday? Yesterday's RNS doesn't give any definite information-it's only about what could happen, with no definite figures.What exactly were the figures given yesterday based on? Does the company have an obligation to inform the market that a significant change has taken place or is about to take place-OK, but there's been no change and nothing is guaranteed to happen. They must have known, from past experience, that yesterday's announcement would likely drive up prices at least in the short therm-and that today's announcement would moderate any rises. Your guess is as good as mine.

Of course the decrease in debt is only an estimation - it could be higher or lower, but it certainly sounds like a very substantial decrease. It would be interesting to know what KBE bases its estimation on-they must have access to figures and many of the factors involved to arrive at the figures they've given. Some on here argue that although there may be a big decrease in KBE's debt, it won't be that important to the sp because the company will still be in debt. So, say it's an 18 million decrease in debt-will that really make little or no difference to the sp?

I've just been re-reading the RNS about the recent resolution of the control dispute. Who, in their right mind, I wondered , would care less about KBE, let alone start a dispute about control of it if it's worth so little? Even with the more recent rise, the capitalisation is only 660,000, peanuts to the large companies involved. So why would they waste their time in a dispute, with all the associated legal fees. etc? Any answers on the back of a fag packet, much appreciated.

We hope...

meant for GCM

to take a gamble on this share, is , IMVHO, to buy POL. I understand all the arguments about how Bangladesh is short of energy, is planning coal fired energy generation and has its own massive resource, which , if given the fabled "green light" will cause GCM to rocket to price in pounds rather than pence. The problems I see are that there has been extreme reluctance to develop and use the indigenous coal resource - but for political , illogical and prejudiced reasons - and those forces have if anything become stronger, There is more prejudice against coal than there ever was, and the poorly educated folk of Bangladesh ( does it have about 50% illiteracy or have I got it wrong?) are not very susceptible to complex arguments about climate change and environmental protection. There is also international opprobrium regarding the use of coal these days. The risk is that politicians will continue to delay , call for reports, convene committees etc and in the end go for a fudge that doesn't help the share price here. As stupid as it sounds, they could import coal instead of using their own resource to placate protesters - as a kind of illogical compromise. And if things were done logically there, it wouldn't be in the state it's in. As much as I'd like this share to take off, because of my holding in POL, I just don't see it happening. POL's GCM holding hardly registers at all in POL's sp now, and people have commented that if GCM did take off, it could double or treble POL. Just my humble POV.

on no particular news-small spike here, larger one over on GCM? Let's see what happens by the end of the day. So far most of the day's gains here have been lost.

might be taken. GCM has had numerous spikes in the past, many based on nothing more than rumours. Is there any real news behind this current rise? I've been holding POL for years and got both of the two big dividends years back so I'm hopeful too, but take care out there, as they say.

Yes the ask is down five hundreths of a penny. shocking.

and we see that about half a million more shares have been bought than sold. Could there a big sell order in the background or is there some other reason.

because I'm a simple minded, dim sort of person. Why would any company bother to own 1.7 million shares at a price around the cost of peanuts - and bear the cost of any legal fees etc that the transfer would cost -if the KBE was going bust.

Simply research the history of the company when it previous traded as Engel East Europe is you are interested in historical shares prices. Look for announcements around 06/07. A long time ago but does it show the potential? I'm not sure and valid points have been made about the debt. However, I don't quite understand why someone who has no investment in this company would repeatedly write on here warning people about the danger of investing in it. Sometimes such people say they care about the welfare of others and don't want them to lose money. Perhaps the poster who is doing it could explain their motives.

I hope this share will be restored to its former glory of back in the day when the sp was in pounds, not fractions of a penny. Hope springs eternal in the human breast and all that.

Is that why the sp is 3.1p and down 3% today?