Member Info for Shave

Agreed. The way this is going suggests the possibility of fraudulent misrepresentation, which the directors could be personally liable for in court. If that’s not an incentive to remedy this situation for shareholders somehow I don’t know what is, but options look slim to none now. Enough of us have lost massive amounts of money down this drain that I suspect multiple parties would be prepared to take it to trial. All alleged at this stage yada yada.

If I had knowledge of a big news item about to land, and if it was legal to do so, I would be putting a load more than these sub-£1k buys down. So v unlikely to be anything along those lines. But I agree with the sentiment. About bloody time eh. Hopefully market finally turning the corner.

To buy in the 600s?

To buy in the 500s?

“Suspension” in most circles is a punishment. Alas when a stock is suspended it doesn’t punish the perpetrators in the slightest. I vote for a new alternative where the executive chairman is rounded up on the 10pm news, trousers dropped, and publicly spanked by Huw Edwards.

Maidit, why do you say the valuation’s still ongoing? What evidence is there of that?

Wayne6, where did you hear this? And was it independent of the motion to form an equity committee?

Possibly not vat if it’s sold to the states?

Yes. States: “ The Court denied the motion, with the caveat that it would reconsider such denial on an emergency basis were the Group to come forth with the identity of its own proposed global, Daubert-qualified valuation expert.”

I read that to mean: to identify the expert behind the valuation that they already proposed to the court for its consideration.

It would be nice to know I’m wrong, but I’m not in the other chat groups so winging it on here…

Elvis, I’m still confused. Am I being dim? I thought they’d been asked to provide creditials for the anonymous valuation that they’d already submitted? Did the judge really only ask for credentials for a potential new valuation that hasn’t even been commissioned yet?

Isn’t that the spot checks? What about the automatic sampling machines every 15 mins?

Yes I think we can all agree it would be interesting to see an independent valuation provided by a well-qualified firm. But surely it would need to be provided to the judge before the hearing? Otherwise, isn’t it like saying to the judge,

Dear Mr Isgur, there are many firms in the world that specify in valuations, so if you fancy another one just let us know.

Wouldn’t the only ray of hope be:

Dear Mr Isgur, here’s a valuation that this well qualified firm provided to us. It’s way more than the creditors said, so back to the drawing board please.

I say that in full knowledge that it would cost a load of money to commission the valuation without the costs being part of the process.

So far I think we have:

Dear Mr Isgur, here’s a valuation that a mystery person came up with.

Dear Shadeholders, I can’t take any notice of this unless you Ruveal the mystery person and prove they’re qualified.

Dear Mr Isgur, here’s the name of a valuation company.

Hi Newuncle. What in that quote makes you say it’s over engineered? Currently doing 15-minute intervals using automatic sampling machines?

What a deeply, deeply underwhelming RNS. It’s like I dreamt it and can’t piece together any critical memories. I’m just left with an overriding feeling of discomfort, like I’m missing something important.

Patience, forgive me for probing this — please can you help me understand. My understanding was that the court wanted the identity and qualifications of the person/people who supplied the alternative valuation recently. Without that knowledge the valuation was inadmissible.

Looking at docket 1899 I can see the qualifications of Interpath, but no valuation. Am I missing something? Did Interpath produce the valuation that was recently submitted? Or is this just the name and qualifications of a company who COULD be called upon to provide a valuation? I’m really hoping it’s not the latter, because I doubt that would satisfy the judge’s requirements for reconsideration — a valuation that is submitted and backed up by identity and qualifications.

Sorry, you’ll be far more across the details than I am but please help me understand how this submission helps.

I’ll settle for a whisker. Good week. More to come.

Let’s send out a holiday cheer to egg on the close of the day. Hoping for 600+ finish to wish us a happy weekend.

Looking good folks. FTSE 250 and DAX are flatlining at best and your old man TUI just keeps nudging up. Promises much for when the wider market lifts off.

“Guest numbers above 2019”!! Marvellous.

Holding superbly in the 580s. Would have expected more resistance than this. I reckon there’s a shot at 600 by the end of day and from there I’d expect it to start flying. May take a little more time than today but patience will bring home the prize.

Understandable there’d be some profit takers this morning in the 570s, but I think they’re shortly going to feel a smidge regretful of selling. Up ya pop dear.