Member Info for KingofClangers

Ragsrob. We go through this every time so someone can smugly say, 'you'd better hope the company's lawyers aren't reading this', or words to that effect.

I'm saying it's conceivable that a company could lie in a RNS and the market is littered with evidence of those firms which have.

In relation to the EUA 12 May 21 RNS, based on evidence thus far I'm open-minded about its veracity.

And there's folks on here who say RNSs should be considered gospel. The same people also criticise anyone who dare suggest that some companies might lie in RNSs.

They should've just said 'shortly'. We'd know what they mean then.

No evidence except the share price and no sale.

This a share chat board not a frickin supporters club. It should be where folks can express whatever opinion they want.

I want a successful outcome (sale for big money) but while the SP is where it is and the BOD continue to be silent, it's unsurprising there are negative opinions voiced. I still hold but the BOD's actions over the last two years is making me think there's not much to get excited about. Hope it changes.

Maqsood is the epitome of someone who has bought in and is going to ramp to high heaven until their percentage target is reached. They'll be long gone if this ever gets to 5p again.

Trowtech. What's emotional about questioning a BOD which told us about a 'credible proposal' and 'buyer' which had completed DD over 18 months ago and haven't told us anything else since. I'd say reasonable rather than emotional.

Ragsrob. I expect someone to say their lawyers are watching etc. I'm not saying they are lying, my opinion based on time elapsed and lack of progress in relation to the two RNSs thus far is that I have very serious doubts, I'd go as far to say grave doubts. I'd be interested to see the documents which detail the 'Credible Proposal' and the 'Buyer'. I doubt they would fancy taking anyone to court; even if they won the credibility of the proposal and buyer would be available for holders and the market to make up their own minds.

A technically 'credible proposal' might be enough for an RNS but what would holders and the market actually think about it. Also, the market is littered with evidence of firms which have issued RNSs which have been proven to be codswallop.

Del. Each time I see your list, it reminds me that the biggest ramper of this share was the BOD. 'Credible Proposal', 'Buyer completes DD'. What a load of old codswallop.

Hoochy thought £35 per share, might have been even more than that. :-)

Sorry for your loss, Leno. Plenty of things which are a lot more important than money. ATB.

Cheers CTC. So we could have received 'firm' offers which have been knocked back by the BOD? Didn't CS say at the AGM that we've not received any 'material' offers? That would imply we haven't even had any derisory offers in writing.

Stonk. Surely a firm offer would be in writing and the BOD would have to present it to shareholders to decide whether to accept or not. Anything other than that, such as a verbal offer, means nothing and would not be a firm offer.

The BOD's 'frustration' is pretty good indicator, along with no announcements of any offers and an SP of less than 4p. If there was a firm buyer, we'd have a firm offer about which we would have to be informed.

Wasn't that 1liam from the other site?

Layla. Probably worth mentioning that doesn't apply to residential property, your main residence, as you don't get charged CGT if you make a profit on it. Holiday homes, BTLs etc could be liable to CGT depending how much profit you have made after costs etc.

It's not really a free form of gambling. Why should you get charged CGT if you have a good year which has been preceded by bad / loss making years.

CGT annual allowance is reducing significantly in the new tax year to £6k. Not that many EUA investors from the last three years should worry unduly :-)

Just to clear Johnboi, the 13k loss doesn't mean you get 13k from HMRC. BTW, make sure you record this tax year's loss with HMRC.

Johnboi. You should be able to offset it against any gains. EG, if you've made a 13k gain on something this tax year, you're effectively at a zero profit position (gain being having sold the asset). I think you can carry the loss forward, ie, if you make a gain on an asset in future tax years you can offset this tax year's loss against it.

Speak to an accountant to be sure.

Wouldn't mind knowing what Artem has done this last year too.

CTC. Regards ACF, I'm referring to Tim Lyle. ACF is an appointed rep of his company City and Merchant. TL was on the BOD of Whetstone Capital which was formed after the Worthington debacle. Whetstone, similarly to Worthington, made grandiose claims about deals signed or about to be signed. None of which have ever materialised.

He never seems to be too far from a stench; all in my own opinion of course. The Whetstone thing is easily confirmed by companies house information, as is City and Merchant and ACF.