Member Info for upomega

thereis nothing to understand apart from it being orchastrated. not done over night a number of poster have said politics should not come into this. Like it or not it well and truelly does.
This has become a sh...t shower inmho at the expense pi invenstors.if this was the states a number of people would have been arrested by now.. Our way of dealing with this is to give them ight hoods. Better still promote them within the oraganisations that they obviously working for. As for me my pension pot and assets will soon no longer be invested in this country. Apart from some travelling sight in rurall somorset

This bb has become a joke in terms of traders. True valid points posted,but I am afraid the stalwarts on this bb have answers to address inmho.

The key points with this deal . At least where i am concerned are.

The lack of engagement with Kistos. Where on the face of it all stakeholders would have benefited.
Being urged to do nothing when now it transpires that a dilution will take place to buy a debt laden company.
Purchasing further North sea assets when we will be taxed to the hilt on any profits
Fwiw those are my concerns. So hopefully the circular will address these together with the house broker providing an indepth analysis.

If it transpires the offer goes through and issues raised by shareholders are not addressed. Then this will need to be investigated along with whoever backs this deal.

There is also the issue of this website being hacked. I dont know about anyone else , but i am bombarded with adverts of scantily clad young ladies when i try to post on here. Dirty tricks at play. Could be the ruskies or our own lot.
Personally i am hoping that the share price is gaining ground on the back of this being a good deal. If that is the case the company really does need to get the news out there as to why it is a good deal. Where is the house broker in all of this inmho

Don't forget we are about to issue shares hmmm. Money laundering springs to mind. ,but good old hmg luv that kind thing. Also don't forget guys, gal s,and Inbetweeners new years honours are up for grabs.

Corruption and good old UK fraud are now the words. Let's pay the rig crew as much money as possible. Better still issue more shares and options. We could even give all profits to hmg so they can pay every ones gas bill.
Dallas has not got a patch on this. Mind you it was made in the eighties.. that's for all the wokes out there.

The thing with conspiracy theories is that more often than not an underlying truth lies. Inmho.

Well put Newkotb.

If and when this cr...p deal falls through we could be in for another jolt. When i say jolt inmo the bod will throw everything at trying to develop eigg . So another gravy train could occur. Hopefully by then either a decent acquisition or merger/takeover will be in the mix.

Could any of the following holders either themselves or a representative please try and take some time to read the well informed posts on this bb. As there a number of posters who may enlighten you as to the rediculeness of this deal. Inmv they seem more knoweledgable than our current BOD
Mr and Mrs D Hardy
Black Rock
JP Morgan
Aberdeen Asset Managemengt
Axa Framlington
Goldman Sachs (Hopefully Warren Buffet )
Janus Henderson

Against our state

This deal is a crime our state INMO.

I am clutching at straws here until I do some more research.
Jefferies international,,s equity linked dept were heavily involved with a Swiss institution During the 90s.. So not sure if that relationship continues as I left in the late nineties.
They are now the broker to Serica which may explain the mercari connection. Which in my view could explain the Swiss connection. What concerns me more is the possibility of a convertible bond connection.

Shakeypremis. At least we got a good idea as to the feeling against before the scum buckets ruined it. Society we now live in unfortunately.

I entered my vote via advfn,but what I did notice that at that time there was approximately two percent against. So with a couple of larger holders coming on board this can be turned down.Also there must be poster's on iii who could be approached.

I am with you on that Banburyboy. I think our hope is that Kistos come back,but the timeline is short due to the six month rule. Re rebidding

I am not sure if this has been covered, but the following could be a possitive.
The deal says Serica will take on Tailwinds debt of approx 200 milion.Serica will also pay fifty milion cash.My understanding is Serica will hold the debt on their books which would enable them to gain tax relief against future profits as this will need to be paid either in a lump sum or instalments.So in essence a large part of the deal has in effect been covered by offsetting taxes. Which would then mean that the net deal ends up being the dilution part of the deal.
So overall this may prove to be not as bad as we first thought if that proves to be the case, but as per the spread sheet for now i have voted against until i see a more detailed analysis on the deal.

Thats interesting NormaStits. If they are as good as you say then it could be good sign if the institutions go with this.

As you say there must be a good number of holders who think that their vote does not count. Most holdings will be held in some kind of nominee account through crest. So it is very important they inform their broker of their intentions. Some account holders will not even get to see the circular. So they will need to be on this as it will be posted on Sericas website to view should they not see this from their broker.