Member Info for ken4

https://uk.reuters.com/article/uk-carillion-collapse/kpmgs-audits-of-carillion-to-be-investigated-watchdog-idUKKBN1FI0N1 Regards

MPs have accused the Pensions Regulator of failing to act while Carillion racked up debts to pay dividends and executive bonuses, as the business built up a pension deficit that reached nearly �1bn by the time it collapsed this month. The House of Commons work and pensions committee, which is investigating Carillion�s collapse into compulsory liquidation two weeks ago, criticised the Pensions Regulator for allowing Carillion�s pension trustee to defer pension deficit contributions in September in a bid to keep it afloat by enabling more borrowing. Regards

Labour has warned that the crown representatives who are supposed to police public sector suppliers such as the failed construction company Carillion face potential conflicts of interest, as its own research showed that several hold external directorships and one is a Tory donor. A dossier produced by the party showed that the former admiral Sir Robert Walmsley, who is responsible to the taxpayer for monitoring the outsourcing multinational Serco, also sits on the board as senior independent director of two defence contractors, Ultra Electronics and Cohort plc. � Guardian Regards

even if you're not an investor ! https://uk.reuters.com/article/us-britain-outsourcing-carillion-insight/road-to-ruin-carillion-collapse-puts-spotlight-on-uk-outsourcing-model-idUKKBN1F81NO Regards

According to Finspreads, if a fund is still holding a short position in a company that has gone into liquidation, they still have to continue paying fees to the lender until the company is officially wound-up. Is this correct ? Regards.

No comment. Regards

What makes you think I am full of doom and gloom - emotion serves no purpose. I understand the mechanics of this scenario. A guarantee is still a bailout. Of course they're going to come up with a deal. Please do not insult my intelligence. Regards

the difference between nationalisation and a gov. bailout - the tax payer is always shafted. As regards the shorters, one of the biggest being the hedge fund Blackrock, for whom George Osbourne [ former Chancellor of the Exchequer ] is an advisor who is paid �650K a year for 4 days work a month - they're all in it together. Regards

Might be completely different operationally but worth a read. https://uk.webfg.com/news/aim-bulletin/ubisense-announces-first-satellite-deployment-of-smartspace-platform--3027398.html Regards

https://shorttracker.co.uk/company/GB00BMSKPJ95/ regards

https://simplywall.st/news/2017/05/23/is-redstoneconnect-plc-aimreds-as-financially-strong-as-its-low-debt-load-indicates/ Regards

Where a shareholder has a notification obligation,the notification must be made both to the FSA [electronically] and to the issuer. The transparency rules introduce a new standard form [TR-1] for this purpose. The deadline for notification is 2 trading days [4 in the case of a non-UK issuer] after the date on which the holder knows or should have known of the acquisition, disposal or other event giving rise to the notification obligation. For the purposes of determining whether a shareholder " should have known" of a transaction, he is deemed to know of it no later than 2 days following the transaction . This imposes an increased compliance burden on investors,particularly in groups of companies,to esure that they keep track of acquisitions and disposals in order to comply with the disclosure obligation. The form of notification requires disclosure, in particular: of the total voting rights held; the chain of controlled undertackings through which voting rights are effectively held, if applicable; the date on which the threshold was reached or crossed; and the identity of the shareholder and,if different, of the person entitled to exercise voting rights. Regards

Just worked it thru, you're spot on. Don't know how long co's have to notify Stock Exchange of changes in major shareholdings. Anybody know ? Can't be bothered to google - I'm in information overload at the moment ! Regards.

approx. 26-6-2017, when shareholders will vote on consolidation. Historically share prices of co's proposing a consolidation will rise until the vote, then fall back as the funds dump the excess shares they didn't want - making a profit in the process. Consolidations usually give the sp further to fall - but may not be the case with this co. ! Regards

If you want to view one http://www.investegate.co.uk/Index.aspx?limit=-1 then type in the ticker code regards

http://www.investegate.co.uk/cmc-markets-plc--cmcx-/rns/holding-s--in-company/201701230913528326U/

http://www.reuters.com/article/us-indonesia-mining-exports-idUSKBN14W1CK Regards

http://www.reuters.com/article/us-codelco-investment-idUSKBN13T0MR Regards

http://www.reuters.com/article/us-china-cesco-copper-mining-idUSKBN13B0UZ Regards

was 20-6-2008. 862.5p [28.75p in old money, 1:30 consolidation on 21-10-2015]. Share price needs to increase 6.71 times current price or 571% to get back to all time high. Regards