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Even I am surprised there have not been more big sells happening
The biggest I’ve seen around 880k of shares that was the brought quickly.
The majority of sells seem to have been from smaller investors
So what I am asking is how much more bad news has to be put out there before people sell ?
Buck you are entitled to your opinion of course.
as I have my opinion and I have been doing my research into this for over a year
Your a smarter person than me and maybe your 12hours research is better than my 1 year research
But I will stick to my own opinion on what’s actually happening here.
It’s also strange that the British press who you say are legit are telling a different story of who owns the hotels.
Also makes you wonder why would TCG be investing in hotels so much money that they don’t own.
Where on the balance sheet is all the money they have invested in hotels ?
I have learned to value you your opinion on this thread buck but in this I value mine more.
People can look intoit in more for themselves and make there own mind up
There is plenty of info out there so everyone DYOR
Matlot
I have no issues with negative or positive spin
Yes your right 360 view on everything is important
But strange how You would class me as a ramper yet you class yourself as giving a 360 view lol
Read all my posts and you will see I am not a ramper at all
And if you had done your research on me by reading my posts before posting you would see that.
Am I invested yes. But I give MY honest opinion and have been objective
Like when the report came out in turkey about NK taking over TCG I was the first person to say I was wary of it.
Sorry I do apologise
I am dyslexic so I do try my best but unfortunately sometimes I get words mixed up and letters as well as spelling.
As for research
I have been doing that on TCG for over a year and waited for TCG to crash before buying in a 5p
If you check posts from people here last night there are holes that even buck could not explain.
Look in to TCHI
then look at the date they changed there name to west fort capital
Follow the money and DYOR like I have
You will also see in my posts I am not a ramper
Flybe didn’t have a huge hole in there balance sheet and where not hiding assets.
TCG are
As always DYOR
Yes very true
This will be up and down all day.
IF NK if still buying this is all working out fantastic for him.
And if he is buying TCG are actually helping him with there continued bad news
BOD are in panic.
And I am not surprised because if the truth comes out they could be in real trouble
Lol
So someone is buying
Have they also seen the holes in the balance sheet
Are they also questioning west for capitals meaning ?
The plot thickens
I am going to ride this out
I know what TCG are hiding
It’s just a case of if they get stopped from doing it or not
I am holding to kiwikev
Normally means In action ?
I said Friday there will be panic selling, down to 5p with a late rally before close.
That rally depends on IF NK starts buying shares cheap again
Kingsteve
It’s my opinion TCG will not meet or talk to NK
they have to much to hide and need to close the deal with Fosun as soon as possible before it come out what they have been doing
Amers
I don’t think NK will make a bid yet leave it 2 days he may only need to make a 10p bid if that’s the way he wants to go
We also don’t know what it is NK wants, he may not want control
I am staying in as well
I’ve been looking at TCG for over a year, I’ve follwed the money and I have seen what they have been doing
There balance sheet is full of holes, assets missing , changing of name on the 7th of August for a private company where hotels have been moved to, using plc profits for them hotels in the private fund. TCG to not have 153 mill of hotels assets they have over 1b in hotel assets and they have been VERY smart hiding this from everyone
There has been a huge stitch up by the BOD it’s now as race against time to see if they get away with it or not
It’s not often I agree with buck but he is right
News broke after Friday close
So yes I think it will open low as I said on Friday because of panic
BOD are very good at giving bad news
Works well for them
Strange they have not made a comment on the change of name of from tchi to west fort capital ltd. a company that has been active for one year 10 months but has posted no results. Also funny how TCHI was ment to be reporting results in sept but now will not have to now
So they get away with the write down of assets, they get away with spending the profits of the TCG on hotels that have been moved and hidden in a private company
I think we have misjudged the BOD
They are not useless just corrupt lol
It’s time now to see what NK does
If TCG won’t talk to him it’s the perfect time for him to buy shares as they drop fast
There are huge holes in TCG assets that even buck can’t understand and if NK does not act now TCG BOD and Fosun will have pulled of a Fantastic stitch up and conned everyone
Pione
Your right.
And that’s maybe why they are not talking to NK
BUT I know someone that might be interested in all this info if the Fosun deal goes ahead.
HMRC
When investing in a company in trouble many people may follow the money to see why that company has such low profits
Let’s say that someone wants to move hotels to a private company but the money to buy them hotels and refurb them comes from a plc company.
The hotels are also taken of the balance sheet, meaning that plc would have to write down there assets. How much would refurbished hotels be worth, 1b ? 1-2b maybe ?
So now that company has paid for buying hotels, refurbish them and the private company has put in exactly how much ?
The plc company profits would have course dive.
Now let’s say a plc company has a turn over of billions you would expect even in this climate for a well run company to have a decent profit would you not ?
Now why would a well run company Do all that? Because surly the share price would dive ?
The shares would be worthless ?
Don’t make sense for a company to do that really does it ? Or does it. What if that company was involved and working with a company that has already been investigated for corruption years ago.
Mmmmmm the mind boggles
Surly no one is that corrupt!!