Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I would suggest, that Del boy knows F... all, as anyone else of us, and possibly less. Take your money and run, and if you couldn't hack FTO, don't gamble, and if any advice might be offered, ( from another difficult pursuit), take the advice of a man who gambled all, and said , even though a few words are changed, " Deal if you will, but remember that courage and strength are nought without prudence, and a momentary negligence may destroy the happiness of a lifetime. Do nothing in haste,; look well to each step; and from the beginning think well what may be the end". Ave Atque Vale, FTO.......
Where next? It would be hard to find another FTO, which could be a relief to disgruntled "long termer's". I GAS has,(I think) potential as a share which fluctuates, and sounds cheap at the moment at under 30p, so I might put my final profit from FTO into that, as a complete gamble and see where it goes. Fracking sounds as speculative a venture as FTO,s ventures, without risking dealing with the Chinese, who are tricky to deal with. By the way, I wonder how many people lost money investing in FTO. Cannot be many, I suggest, though there will be many who feel that they have been hard done by. Not losing money is a success, even if it takes 20 years not to lose it!
I am amazed and very impressed by all the time that the minority group have spent on this matter. I hope that a few extra pence is extracted from FTO coffers, but it may be a Pyrrhic victory, after all the great efforts that have been made. I still think that 10p is about right, looking at the spread of share price over 20 years +
I sympathise with Bruce Jamieson, and the fearful care home costs, which had FTO done as it ought to have done over so many years, would have been more than covered, with plenty to spare. A very few thousand doesn't go very far these days, especially when it comes to the perils of advancing years. I was a youngish man when I first heard about FT, and was advised to have a punt. It was only a punt, and one may as well have put money into GW Pharma at 40p per share, at around a similar time, which has done quite well. Luck of the draw but at least most of us will be up to some degree. I am sorry to have been dismissive of the idea that FTO was going to offer more than 10p per share, but it never seemed to be likely, and does not really look as if it is going to happen. It has been a frustrating share to follow but there was always money to be made, so not all was bad about FTO
All this has become rather foolish, and is making us all look old fools by association. What on earth does Peoplepower think he is up to? The game is over, and it is a game. If he or she thinks otherwise, they ought not to be mucking about in the share dealing business, and god help them if they make any really daft decisions and lose money. Bleating on and on doesn't improve a monday morning, when there ought to be better things to do in a troubled world, and other better shares to consider gambling with.
The Range Rover sounds cheap, but is his friend a gangster? Matt black sounds off! Peoplepower has deviated from his/her usual monosyllabic reply, by pointing out that the minority action group is not a website, but an Email address. Quite right, but I still cannot find it, except an LSE mention that Peoplepower has mentioned that we ought to go to a minority action email address.....
Peoplepower has gone mad, and repeats his mantra endlessly. It is a bad sign, and signals someone who cannot see the wood for the trees. I tried looking for the site he mentioned, and up came a warning, which said something about fishing, which went over my head. It's no good... Do what you want to, it is all the same to me, and 10p sounds good. I have my last shares bought at 3p, and have 79000 of them, so cannot complain. Some of us have been in for over 20years, and know FTO pretty well, and know that Mr Woo isn't going to roll over. Carry on with wednesday evening Ballroom dancing, and enjoy life. It is later than you think!
The reason why I am not interested in this action group, is because it is a waste of time, and very smallfry as far as the stockmarket is concerned, unless we are talking about misguided individuals who sunk their entire pension pot in FTO at the top price. There are better things to be done with life,(at least I hope there are), than getting involved with action groups for such an unworthy and probably fruitless cause. I cannot think that the majority of people taking up time on this are much under pension age, as peculiar obsessions tend to take hold around time period in life. Some people go to their graves worrying over trifles and the unfairness of it all. Move on, Spring is around the corner....
I wonder if Peoplepower tried phoning me too, as I had a very peculiar call the other evening, and it wasn't the "Free kitchen people". Could it be that the Class Action Group are trying to canvass all FTO share holders? They sound a dangerous and dedicated group, and all for such small returns. Should the authorities be notified about this, in these uncertain times? Can they sway the Chinese dragon off it's course. I doubt it!
Couldn't agree more Custody1. Move on, and quickly, as it is all becoming rather tedious, and just a little small time penny share pinching. There must be better things to do with ones valuable time, unless one bought at the top, which would have been foolish. Most will break even or make a profit, albeit it rather less than they thought. Tough!
What are you all expecting from FTO? Has it never occurred to you that it was only a gamble, right from the start, and unlike many gambles most won't lose their shirts. It is all very well to have a sense of fairness, but why any institution would want to become embroiled in any action against FTO to make small shareholders a few pennies is beyond me. Get out and move on. It isn't going to happen. There are thousands of other companies to have a flutter on and complain about. How about Igas?
I am accepting the offer, as it will give a fair profit, and I cannot complain too much over the past 20 or so, as there has always been money to make, even if it has been a duff share. Roger seems to have had his head turned by China and their wonderful ways.... Good luck to him, and I hope he has learned something from his foray into FTO, and the Chinese way of doing things.