Member Info for MaxMargolliss

Your long time experience with Speedy souinds a little bit like "Once bitten, twice shy". It seems to me you still do to some extent have a certain affection and admiration for the company. For one thing, it is still in existence, though a different shape, perhaps, from the time you had any direct involvment. In recent posts, I and others, have expressed our views about Speedy and though we might seem critical of certain aspects, are largely supportive of their seemingly slow but steady progress. I do feel that many engineering and manufacturing companies are in a cleft stick with regard to Brexit and its possibel outcomes, and therefore are currently keeping a close watch on talks about the situation, and in my view, are being very canny with regard to spending what cash they have. It seems companies feel they are in a worse position than individuals regarding New Style Economics which may be forced on the nation. The individuals in their masses simply placed a cross on a voting slip and committed the nation to suffering a situation far worse than many people forecast. ----- Yours, Max.

Reflecting upon your last post, if I may. (1) The first part of you first sentence. :- "The offence should be prosecuted in the country where it took place". If the Nigerian federal geovernment suspected a crime had been commited, they should have investigated. ==== Question -- did they suspect and if so did they investigate ? If that is No and No, why are they filing a case in the UK High Court against Shell and Eni ? Who has has given them permission to place such a filing ? In this filing, according to Alliance news {see on this page) the federal government of Nigeria is claiming USD1.1 Billion. This relates to an alledged payment by Shell and Eni of USD1.1Billion to a company secretly owned by the former OIL MINISTER who had granted rights to his company to the oil field in the 1990s. If the sense of this paragraph is true then surely there is no case against Shell or Eni.----- Yours, Max.

Mr P No one is forcing you to speculate, you should sign up at Plymouth College to study the kind of work people Plessey require to accomplish their stunning products. You could try to find out what the second job is as stated in Mr Ns link. I can say, hand on heart that the last person I witnessed using sub thickness wafers was selliong ice cream wafers to us poor kids, for our mum to enjoy while we put up with ha'penny cornets. ----- Yours, Max.

Thanks for your response will look tomorrow. Up-Date at month end you say, I hope so. Dr Routh was appointed CEO at beginning of October last, and I asked, during January, tongue in cheek, might we see an up-Date soon. Now we might see his report which will cover about six months. Perhaps a little more info coming out might lead to more conversation on this board. I mentioned at the time that the transport industry was going through some revolutionary changes regarding fuels and the use of sensors, among other things. ----- Yours, Max.

Hello there ! Two points please. (1) Tell us about the Robot in USA please I must have missed that. I had to attend local hospital yesterday. (2) RNS today, If a director or senior manager trades in shares or other matters, the company reports the situation, for transparency, etc. and it pays the firm to be up-front on these matters, to avoid any suspicion of wrong doing. ----- Yours, hoping for enlightenment on ROBOTS, Max.

If a car is estimated to cover 12,000 miles per annum it could be feasible to charge £1,200 per annum. With present day and future recording systems a cars mileage of 9,360 would be £936, i.e. 0ne tenth of total. A white van could be charged 10.1%, since it is assumed to be commercial. And so on. Parking charges could also b charged with automated recording in future. ----- Yours, Max.

What do think of recent events ?? Yours, Max.

Sorry, meant to say 1990s. ----- Yours, Max.

There are already limits placed on individuals here in certain matters, but this seems to be governent actions (or near non-actions) and I suppose the Dutch government has had some dicussions with the Nigerian government. The Dutch, according to Shell will prosecute, but where ? Last December the Nigerian government filed a claim in the UK High Court. There is already a trial in Italy, so this seems one large mish-mash being served up. All started, apparently, by a former Nigerian Oil Minister in the 1980s. ----- Yours, Max.

Some reports are suggesting that PM might get deal she wants next time Parliament votes on Tuesday 12th. Looks as though "Backstop" can be abolished ??? ----- Yours, Max.

I am going to print a note here which might clarify the position :-

Alliance News
1 March, 2019 | 3:46PM
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LONDON (Alliance News) - Oil major Royal Dutch Shell PLC on Friday confirmed the Netherlands is planning to charge the company with criminal offences related to the OPL245 licence in Nigeria.

The Dutch Public Prosecutor's Office is nearing the end of its investigation, Shell said, and is preparing criminal charge.

Shell said it will provide updates as the matter progresses.

The case relates to payments in 2011 allegedly paid by Shell, alongside Italian peer Eni SpA, totalling USD1.10 billion to a company secretly-owned by a former oil minister, who had granted his company rights to the oil field in the 1990s.

In December last year, Nigeria filed a USD1.1 billion claim against Shell and Eni in the UK High Court, with Eni also facing criminal charges in Italy.

A spokesperson for Eni confirmed to Alliance News that the Italian company has not been charged in the Netherlands alongside Shell.

"Eni takes note of Shell's statement today and confirms that it has neither ever had in the past nor currently has evidence of its possible involvement in proceedings activated by Dutch prosecutors.

He added: "Eni confirms, once again and as based on the current outcomes in the ongoing trial in Milan, the correctness and compliance of every aspect of the transaction in respect of OPL 245 concluded in 2011, both with applicable laws and global industry practice.

"Eni therefore continues to reject any allegation of impropriety or irregularity in connection with its conduct in respect to the commercial agreement with the federal government of Nigeria in 2011 for a new license on OPL 245, the overall consideration which was paid in accordance with the relevant applicable terms to the government itself."

Shell 'A' shares were 0.1% higher in London on Friday afternoon at a price of 2,351.00 pence each, while 'B' shares were 0.1% higher at 2,367.50p. Eni shares were down 0.6% in Milan at EUR15.08.

By George Collard; georgecollard@alliancenews.com; update by Raffaele Redi; raffaeleredi@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

Please do us a favour and tell us where you got your info about ISO. I and many others will want to celebrate with you like Man City and Man Utd when they score goals, especially if playinf Derby County who have a great history in English football circles. Do you recall Horatio Carter and Peter Doherty playing for them, OH no you are a young person in my eyes ! ----- Yours, Max.

Your post reminded me of the time when many people in this country were receiving letters which asked them to send a sum of money which could be used to release funds which were surplus in certain projects the letter writer had been responsible for as a senior Civil Servant. These letters gained a notorious reputation for the so-called devoted Civil Servants. The newspapers here were warning people to "Beware" these missals and report them to authorities here. We shall have to wait to see what transpires. ----- Yours, M\x.

Hello Matt, we had a talk once on fire resistant material for aircraft on another BB. You said you would look at another transport system to see if the same material was acceptable there as well. I am very sorry to have missed your response but it doesn't matter. I believe that company, despite recent drops in SP will make the most of the material eventually. That simpleton across the pond keeps throwing spanners in all the normal and other business deals. Hope he loses massively in 2020. ----- Yours, Max.

Sorry to be a spoilsport but Mr TTs post contained the following.

Navel Group
12 Feb '19
In July we announced a framework agreement with the above and they have just announced a 35 ish year contract to build 12 Aussie submarines. Now that's what I term a long term contract! The Aussies first announced their intentions some 2/3 years ago. I'm guessing our agreement was part of Navel Groups bid. Page 33 today's Times.

My understanding of English leads me to think twelve Subs will be built by Naval for the Australian Government, over a longish period. Was my interpretation correct ? ----- Yours, Max.

Several years ago, some of the workers on the oil rigs moored outside outside the main city, I have forgotten the name, attempted to take over the rigs assisted by some political opponents of the company. Naturally there was some resistance by the oil rig workers who may have been threatened with losing their jobs or lives. There was a lot of resistance from residents to the government of the day, and perhaps that a foreign oil company was taking their oil. This may not be the cause of any trouble just now, but could posssibly have led to problems in settling whatever the disturbances to the satisfaction of the government. ----- Yours, Max.

Mr Shearer is the Chairman of the BOD, as you know. Mr Russel Down is the Chief Executive Officer (CEO)
The Chairman is often looked upon as the person to lead the BOD in their deliberations, The CEO is the person the BOD look to to carry out their decisions. I think that is a better set up than having an Executive Chairman. The Chairman can ask the CEO for up to date reports, if he wishes, so that he/she can make arrangements for BOD meetings, urgently, if necessary. That does not mean stabbing the CEO in the back, but does mean the BOD can support the CEO in his endeavours in furthering the progress of the company. The Chairman would not hold the reins, but would watch how the reins were used. ----- Yours, Max.

RNS of 19 July 2018 has the details you seek. ----- Yours, Max.

Your link that you provided on Monday last, after you said that many aviation experts think the entire industry has made a loss, was a report by Greg McFarlane updated March 2014 wherein he discussed the situation for all American Airlines and the effects of the Deregulation Act 1976, signed presumably by president Jimmy Carter. I don't think he mentioned any airline based outside of the States. One expert from five years ago only looking internally.
Your link to Vusix dated February 2019 dicusses some of the companies taking up their products, among them SATS Ltd an Asian company working on and around airports, wherein Vusix forecasts that air travel will double by 2133. Not a decline as far as they can see. ----- Yours, Max.

Has there been a breach of copyright by a representative of the company ?

Perhaps you can provide evidence as to when and where this happened.

Waiting for your reply over such a serious matter. ----- Yours, Max.