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Sentence should say: "The announcement of 11th June 2019 (reading between the lines) does not seem to me to be the words of resignation from management."
Sentence should say: "The announcement of 11th June 2019 (reading between the lines) does seem to me to be the words of resignation from management."
The announcement of 11th June 2019 (reading between the lines) does seem to me to be the words of resignation from management. I do not agree it is inevitable the Company is heading for Administration. Although it must be considered a possibility. Also this management team have the knack of backtracking and looking silly soon after they make statements about the future. But I will hold out for now! They are an awful management it must be stated!!!! If any of this team ever get on the board of a company I have shares in I will sell immediately!!!! I must hold out for now because the share price is so low at the moment.
Thanks for comments & research Theanalyser, we can all add a little bit of wisdom!!!!
I did some research on the net. The Swedish regulators have taken steps recently to cool the market. But four out of five of the major Swedish banks have 60% of their loan book exposed to the Swedish property market!!! These five banks are exposed to each other as they have big cross holding shares in each other. But on the other hand Chesnara's Swedish business has a 49% exposure to a Luxemburg company by way of a cross holding.
If Swedish property bubble bursts, how would this affect Chesnara's Swedish business? Any takers??
Yes, have done so to day. Thanks for taking the time Laughton. They said they would email them a.s.a.p. Has anybody got comments on the Swedish property market? It's getting very hot!!! There was a column on it in the Financial Times last Saturday in the Lex column. If the Swedish property boom bursts a tleast four of their major banks would be in trouble as they are exposed to loans of 60% of their loan book. The Swedish regulators are saying they are well capitalised. But isn't that what the regulators (Irish/British regulators) said about the Irish/British banks before the Financial Crash of 2008 to 2010.
Yes I hold the shares in certificate form
It's an excellently run company (once I get my papers!!). I'm a little concerned about the Swedish housing bubble but they the Swedes have taken steps to cool the property market. Any further comments on this point anyone?
I live in Ireland. Does it take much longer for them to post them out to me? Should I be concerned?