Member Info for senseman

Usual Broom doublespeak. So I called it right Feb when the whole world and his dog (including likely you) opined Ukraine would roll over!

I don't consider war good only occasional necessary to stop bad people doing bad things - so don't try that old pony on me.

Bad UK soldiers also last 32 yrs because they aren't good enough to do anything else and time-serve - as in many walks of life. Quality matters, not length of service - how many time serving bad policeman do we have?

I've never fought in a war, but I've witnessed and lived through it's consequences close up - so forget that other old pony. By your reasoning unless one has years in an army one can never know much about war - utter drivel. I know Ukraine, and Russia, and history, and geopolitics, and common sense. Which means I'll back my view on the war's outcome over yours 8 days a week. So was I guessing in Feb 22 when I stated, loud and strong, how things would transpire? I didn't hear you opining then!

You introduced both the nastiness, and the vanity (war expert just because you purportedly were a soldier. I'm just making sure folk see through your doublespeak and know.

By the away - my Feb 22/early March 22 comments re Ukraine war, made when all forecast doom & gloom, and scorned, stand as my bona fides that I know what I talk about. I note you're silent about my calling things exactly right.

So not your last word after all, eh?

Plain speaking isn't vanity - you're no genius to be wiser than.

I had a rest from posting last week whilst you and the other two stooges opined about everything under the sun not HUR related (much of it drivel). Yet the moment I post a single encouraging topical comment re Ukraine, you and kever crawl out of the woodwork to attack. And I'm the one without a life...?

I repeat - you are poison.

Broom

you have a nasty streak a mile wide and always will do - always ignoring the message and seeking to stir via pedantry. i pity you. i stated hereon in feb 2022 the moment russia invaded that ukraine will win and putin would be toast - so so far i've called it exactly right. i know you're only one degree above stupid - but are you truly so stupid to imagine i don't know my onions?

as stated - you're just a persistent contributor of nastiness, watching and waiting like a poisonous spider

The crucial DCU issue is ISA - where majority PI's invest. Until HMRC rule, for most, all DCAU comment is noise.

Wise heads rest & cogitate until NSTA decide, and HUR issue Court Sanction date.

In interim whilst all have little sleep - Ukraine evolves as wise heads stated Feb 22 - Putin is toast & Ukraine (incl Crimea) will succeed.

Switzerland discards neutrality, Germany gives further $2.7 billion aid, including more Leopards, France follows with huge package. Ukraine counter-offensive delayed for 2 reasons:-

(i) Zelensky whistlestop EU tour to firm up future MIG supply declarations

(ii) US & UK intelligence identified 100 top Russia supply/command depots behind Russia lines. Not enough Storm/long-range delivered yet to hit all 100 when it starts. When enough arrive, it will start. Will be shock and awe. Microcosm below:-

https://www.youtube.com/watch?v=4DsSDograyg

War is terrible. Churchill's mistakes costing thousands of lives in WW1 taught him the value of human life. That only ever justifiable when existential struggle betwixt good & evil, democracy & madness. WW2 was such. Ukraine is another. A choice of 10-20 yrs building new order now, or 50-100 yrs of putricide destruction.

Any savvy techies who can advise how to stop each line on here being line-spaced? (didn't used to happen so i assume laptop thrown a settings wobbly). does anyone else have same problem?

Senseman is never in a rage when posting. never.

he knows rage to be counterproductive

broomtree - the 3 stooges propaganda that i am permanently angry is wasted on the forum

the forum knows that erudition does not flow from anger

even when i indulge in handbags for a little fun - the 3 stooges are so thick the penny fails to drop that i am writing ice-cold

i note, for the record, you failed to proffer personal apology

message to 3 stooges - folk recognise 'angry senseman' propaganda, as....propaganda

Apology - error via tiredness

My 24 April header did not even include the word 'COULD'. It simply said 'CRUCIAL - HOW TO WIN..... '. The obvious intent post was to highlight dflynchy's perfect explanation and remedy. The header itself implies the cruciality of time. Nowhere is implied the expectation PIs would win.

Misciting, misquoting, falsely ascribing and subverting the meaning of another's posts is shameful.

I will accept your apology with good grace, Broomtree. But I do expect one.

Broomtree

You have been caught with your knickers down. You are either plain incompetent, or a bare faced liar. There is no 3rd alternative. I expect an apology. Or will you lack both the b alls and ethics to provide one?

At 18.26 today Thursday you stated I posted 24 April 12.30 that PI's could win the the 50% court vote and had paid a £43 fee to do what others should do. I did not. Look again.

The post was a clearly acknowledged cut and paste highlight of dflynch's same day earlier 11.14 post explaining the remedy to PIs being disenfranchised from the court vote, and references also to xxxPro's same day 11.29 response query to dfynch. My header + post starts (I quote):

"CRUCIAL - HOW TO WIN COURT MEETING 50% VOTE - PLEASE READ THOROUGHLY 24 Apr 2023 12:30

dflynch Mon 11.14 (see also 11.29)

"How to circumvent the consequence of holding your shareholding within a Nominee Account and the vote at the Court Meeting 10am 4 May. .... "

and ends (still citing dflynch):-

"I have undertaken this process this morning with Interactive and my name should be on the HURR Register by Thursday. I will attend the Court meeting and vote against the scheme. I had to pay a fee of £43 to achieve this – but great value if this scheme can be stopped – and it can reading today’s RNS"

dflynch paid £43 and effected the process whereby he, a PI was able to become an 'owner' of shares rather than remain a 'beneficial holder' and able to cast one vote (the same as CA) at the 4 May court meeting. He actually made the HUR share register only the day before ie Wednesday. By the time he posted it was already too late for other PIs to complete the process in time. I know, I tried. But neither he nor I knew at the time that though theoretically possible and 100% effective, physically not enough time existed for PIs to act en masse and easily defeat HUR in the crucial 50% court vote which they could and would have done if having an extra week.

So you wrongly ascribed all of dfynch's words to me, and wrongly imply the idea would have failed. It would not have - it would have succeeded beautifully had time allowed (eg by HUR responsibly making PIs aware). Note also that in my header I chose the word 'COULD', not WOULD - as during the writing I was aware time may be too short for the process.

You are a disgrace -rapidly falling into the bare faced lying (or incompetence) habit of the other 2 miscreants. I understand why - the 3 of you received such a roasting from other members today that all 3 of you were frazzled to death. I await your apology

Been months now & still received nothing from your legal advisor.

If you're paying them you're being scammed.

I recall Juan Morera on 4 May asking me why I was complaining as SHs would be getting guaranteed 6p back soon - and it making my toes curl that with CA sitting safely at 6p, he just didn't understand PI viewpoint.

And broom - whereas you're not as bad as the other 2. you are no truth angel. Like now - I encouraged folk to attend whilst always making clear the odds were stacked and we would likely fail - which you now morph into my telling all we were going to win. You stop truth bending & influencing because it suits your book, and the personals, and we'll be fine. And It matters diddly squat that the 3 of you aren't on each others' speed dial. As soon as one pipes up, the other two magically appear as backup.

Machin

and the 3rd man appears. note how none of the 3 needed naming before posting - all 3 knew instantly.

and they always hunt as a pack. i'm merely the biggest & easiest target. if i kept quiet, it would be someone else.

be careful. 2 of them can write (and boy, they do). but look properly and you'll always spot the hidden agenda flaw in content or tone.

Machin

your position set out 18.40 fair. you'll rightly make own mind up. felt you deserved heads up

FWIW all of us started out with same open fair attitude to said posters

as well as posting fake 14p offer, kever reported implausible 'communications' with CA & HUR. as well as being identified by 404x as being notorious 'sheepshagger' ADFN poster also with numerous senseman derivative poster names who wrecked ADVFN until wholly ignored so decamped to here

ASI is former bondholder now holding no HUR shares, serial tactical complainer to moderator causing numerous decent posts to be pulled

they will be eminently polite & reasonable with you until you disagree and/or question their posts or motive

if you look back you will see the serial abuse you spoke of my receiving came from only same 3 posters. which tells it's own story

Machin

you first posted 13 april 2023

there exist powerful reasons why the vast majority of forumites (no fools) detest certain posters

you have witnessed the politely written classic 6 of 1 half a dozen of another he just doesn't like alternate views obfuscation tactic

fact - i (and the majority) detest only a very small number of posters. for good, provable reason. we do not mind alternate views

fact - whereas all may hold opinion - all opinions do not hold equal weight. eg (crude example) - putin & zelensky hold differing opinions re ukraine - the issue is whose is more valid? whose does fact & ethics support support? reasonable man would not conclude both opinions hold equal merit. reasonable man would not conclude because an opinion is couched in polite language, it's validity is increased to equal that of the other opiner. because that is how propaganda succeeds.

if you read the forum from a certain date onwards, your view of certain posters will assuredly change. if you do not wish to do that, if you email my back-up mail peter0255@yaho.co.uk and provide a phone number i will be happy to answer any questions as to why your 'even-handed six of one half a dozen of the other' approach makes certain posters hearts sing with the joy of fresh oxygen that they have found a new, temporary, 'best friend'

RG27

Playing catch-up. Retain a few - the fat lady hasn't arrived at the hotel yet, she can catch laryngitis in a month, and you may still have a voice.

Thanks from all for always being a gentleman and always making effort - comment, voting, kind words, the works.

Well done on the £69K profit - and 30% since. I get the stress thing - life too short to bear more than necessary. I recall you being stranded at 30p-50p but having the wonga & chutzpah to buy shedloads June 21 @ 1p-2p to reduce overall to 3p-4p. My only regret from then was having the chutzpah to shout things correctly, but lacking the wonga to benefit - still pees me off but life is life..). Keep well

sense

Machin - re your yesterday 16.04 post - wouldn't dream of biting reasonable man's head off..)

Of course 4 May meeting just re procedural re voting - which is why we sat back.

Attendance always valuable - always something gleanable - do what enemy least likes

Also believe views better stated than left unsaid. CEO & CFO (& wider room) made aware of PIs consensus view was good - PIs sleep easier, & bad guys less so. It all matters. Is it preferable that they remain blithely unaware of feeling strength?

Only the foolish imagine attendees are starry eyed, that what they opine here is all they know, or have no eye on future. Folk already rightly invoking discussion re sanction hearing.

I (agreeing with Ron) disagree your view re disenfranchisement being a non-issue., and believe it central. The current law is unfit for purpose since PIs became bounden to hold ISA /SIPP via online brokers, hence brokers becoming the 'owner' & PIs merely 'beneficial holders'. The principal intent of the law has been castrated.

Note: From memory HL are 'owners' of some 800 PIs' 'beneficial shareholding'. But from this PIs get not a SINGLE VOTE - as unless the HL SH court vote is 100% either for or against, HL were obliged under the relevant handbook rules to cast 1 vote for, 1 vote against, ie a nil vote or effective abstention. This applies to all online brokers. Hence all PI court votes cast via online broker (ie the majority) counted as NIL.

Re your well written points 1-4: I agree all 4. And believe these sit comfortably alongside or behind the principal disenfranchisement issue. A point I also make is that a responsible BoD aware of 21% of it's SH base predominantly holding it's shares via online brokers (for ISA/SIPPS) purposes, should and would have made that 21% block aware of the easy remedy - namely opening a normal share trading account with one's online broker & buying a small number of shares (or selling a small number of ISA/SIPP shares then re-purchasing those shares into a normal trading account to that new account. The consequence of shares in a normal share trading account is that a PI (not the broker) is the 'owner' of those shares, is listed on the company share register, and is entitled to a court vote. This process however takes 1-2 weeks and PI awareness of this 'remedy' was too late to enact the remedy - a fact the BoD relied on.

I would urge caution in over- engaging with the current well-known triumvirate of 3 posters visibly not posting as' reasonable men' but as fomenters of discord. They only survive on the oxygen provided in mistaken good faith by reasonable posters. That they may occasionally provide a piece of useful stand-alone information is their tactic for maintaining legitimacy, but is not worth the angst. Their overall intent is disruption, not construction. Persistently ignoring or treating with distain properly rewards them.

Apology to all for line-spacing all askew making reading untidy. Inet & laptop problems both at same time. Likely worth a read in 1-4 order

(cont)

Then consider fair questions:-

(i) would accepting the October 2022 7.7p cash offer have left CEO & CFO in situ?

(ii) would ditto have earned Stifel & Dentons +$3.6 million fees via FSP?

(iii) how does the Scheme better the October 2022, when, inter alia, HUR has carried the risk for a further 8 months and four offloads?

(iv) what confidence can reasonable man have that CEO, CFO & Stifel ‘Scheme recommendation’ was in SHs best interests, rather than self-interest?

For all his limitations, Malcy’s comment was spot-on apposite.. But FWIW I take umbrage. Undisclosed, Malcy was paid when it suited HUR (pies cost money). But when payment ceased, why did Malcy remain silent until denouement and a too-late trite comment any PI could have written? Unlike us, he has an established public platform via which wider waves and truth may legitimately be made. Malcy preferred to keep his well-paid nose clean and is already sucking up to new cheapskate owners Prax. Malcy - shame on you.

Lastly, post-Meeting at The Clarence was surprisingly enjoyable. A meeting of pragmatic philosophicals, if you will. No angst or chagrin. Cognisant that all one can do is one’s best. Including Joe Black, trusting lady invested in good faith before the serial evils. And Ramesh, good-faith cautious in high but who found wonga & balls to buy armfuls at 1p-2p when all seemed lost & now safe/relieved but hugely disenchanted. All agreed nothing to be done but await NTSA approval decision and Court sanction date (to be announced), then consider if anything pragmatic may be done. Remember - Court still has to sanction Scheme - there remains perhaps a month for better offer to surface - and many a slip occurs betwixt cup and mouth.

End

(cont)

Folk never understand how genuinely effective a meeting can be with 20-30 activist SHs attending plus 1-2 PI-invited trade writers given free headline copy. We blew 18 April.

Hats off to PIs who despite buying low & being heavily in profit voted against the Scheme on basis of fundamental poor value & questionable ethics.

Disbelief at those crowing at calling a ‘fixed racing certainty’ correctly. And of one wishing Brent then at $72 to collapse below $65 & injure the DCUs & his own self-interest. Note - Brent today +$77 & 2 full months till next HUR offload. At just $80 HUR would have 7.9p cash by end 2023 net of AM 6 months escrow.

Those making disgusting personal comments against me may as well not bother - water off a duck’s back. My thanks to those making kind protective comment.

Those making disgusting comment on other matters – hang your heads in shame.

I reiterate ADVFN’s (much better than ours) dealing with SERIAL miscreant posting – simply ignoring - do not provide oxygen, utter silence speaks the loudest. An occasional one line reminder put-down is fine - engagement enabling forum hijacking is not. And whilst there is currently 1 loudest offender, there are 2-3 obvious subtler others.

THOUGHTS

I agree 404’s view folk should not be unduly dispirited. No shame in failing against impossible odds. Shame is never to try. A moment to draw philosophical strength from Kipling’s immortal words:-

“If you can meet with Triumph and Disaster

And treat those two impostors just the same;”

and quasi-comfort that in 2021 we helped, when the SP was 0.65, prevent a rogue 95% restructuring which would have rendered shares worthless.

The ‘fix’ was clear the instant the Scheme was announced. And HUR chose not to inform PIs of the ‘fairness remedy’ to the fix which would have ensured the court vote failed. The ‘fix’ sees:-

CA - get what it wants, after succumbing to low-Brent fever and/or Saba pressure & switching horses from Plan Albion to Plan Giveaway.

CEO & CFO - remain in situ as their 30 pieces of silver. But thankfully Prax stated to PIs on 18 April it had played both like fiddles, & should the Scheme pass, both would soon be removed.

Stifel & Dentons earn +$3.6million in fees.

Prax – get HUR for free after admitting on 18 April it’s bid was not fair value but low-ball constructed purely to win the ‘auction’.

PI’s – stiffed with a toilet brush, with the added pleasure of likely DCU tax bills rolled up inside the handle

If anyone remains naïve enough to consider the Scheme ‘fair value’ – consider that via it’s 2 November RNS HUR announced refusal of an unsolicited 7.7p p.sh cash offer. Should the Court sanction the Scheme, by legal-effective date effectively another four (4) offloads (Dec, Feb, April, July wk 1) cash will have been further accrued – minimally 3.5p p.sh.

(to cont)

(cont)

Me: This is my first awareness Malcy was paid to write about the HUR. Thank you for your reply which I will pass to PIs. It appears, Mr Maris, to be an awful lot of people, both investors and commentators, whose view of how the company has been run completely opposes yours. It is hard to see them all being wrong.

POST MEETING CHAT WITH BoD/Stifel/Dentons

dflynch & picsmaister spoke with David Craik (CA oiler NED nominee) whom I understand did not wish to be quoted – they will if minded post his overview. My takeaway from their comment being he was all-round unimpressed with HUR, Scheme, everything. DF & pics may also have spoken with others.

I spoke with:-

Juan Morero (CA analyst & fund manager, CA NED nominee) - for the first time. Who also did not wish to be quoted (one wonders why all so shy?). I was unimpressed. He was more intent on bending me to his will that the Scheme was better for PIs in all circumstance, and that PI’s risk threshold should mirror CA’s, than to answer fair questions. I stated I felt I was being parroted at & being talked down to. After having 3 questions blocked I asked if I he would answer a fourth and last. He refused to so I thanked him and walked away.

Chair Wolfe - stated he only recently bought shares because from June 2022 AGM till recent HUR had been in permanently closed period. I voiced scepticism. DF’s & pics’s later opinion was of disbelief. I agree. 4 months elapsed between end June 2022 AGM and 2 Nov 2022 RNS stating receipt of unsolicited 7.7p cash offer (refused). That period was not closed.

CEO Maris - joined Chair Wolfe & me whilst I opined that HUR should not have positively advised the Scheme to be good for all SHs when it did not know if the 21% PI block’s DCUs, mostly ISA/SIPP held, were taxable. CEO opined that HUR could not be tax advisors - not the issue but I let it pass. Responding to my comment that HUR need not be sold at all and question why the BoD did not refuse CA’s request for a FSP, CEO answered that CA 29% holding left the BoD no choice. At which point something visceral in me snapped – as at June 2022 AGM both Chair & CEO made great play of pronouncing to others & myself that even at 29% CA were ‘merely SHs’ with no influence on BoD decisions. We know, of course, Chair, CEO & CFO suddenly kow-towed to CA knowing that otherwise they would be EGM removed. I said to CEO:-

‘Mr Maris. You have an answer for everything, depending on the weather. Most PIs believe you should be behind bars alongside the CFO.’

CEO spluttered & with Chair about to step in I said (before walking away):-

‘Sorry, Mr Chairman, I’m not interested. I’ve heard enough garbage.’

OVERVIEW/ FORUM COMMENT SINCE

Vote results as expected. Also clear is some PIs sold due to DCU tax uncertainty. The last chance to properly hold the BoD to account was 18 April - though landing a few heavy blows it was an impossible task for only a handful of PIs.

(to cont)