Member Info for Waltkts

I would be happy to join, without checking the paperwork, it would just be a rough guess but off the top of my head, I had approx 115,000 shares. For what it’s worth, I have also written a letter to my local MP asking how it can be legal/ethical for one of the board of directors to buy a company out of administration when he had a significant input into getting them there in the first place!

I read all of the comments here and assume that everything is lost although I do have a question.

To the best of my research, Joules owed somewhere in the region of £25-30 million. At 10p per share the total shares in issue are worth approx £12 million. Assuming all of the above is correct, by the time you have taken into account the website, brand, intellectual property combined with the stock, buildings and plant would it be unfeasible to assume that they could have the £42 million in assets?

I once purchased a significant amount of things from a bankrupt auction for a company that used to be shoplifters (for big companies including NEXT). They had a large amount of work on the books and they had £2 million in assets and lost it all over a £350,000 debt.

Any advice or opinions would be welcome.

Thanks for responding. Sorry to sound stupid but does that mean a CVA is definitely off the table then? I only ask as I know they have said that this would be something they would consider before. I know it would still be a blow but would offer a glimmer of light in this crappy situation.

I’m a novice when it comes to shares and took a punt and invested (too much if I’m being honest). I’m not moaning, it is what it is and I knew the risks when I bought the shares but I do have a question. What are the chances of a CVA happening from this CVA and if it does what does that mean for PI’s?

Thanks for any responses!

My wife used to work for joules and it’s fair to say that they are incredible to work for. They have a great uniform allowance, they have multiple perks including random reward gifts when you hit targets/get noticed for something good. They also paid 100% to staff for a large period of time during covid, not just the government 80%.

Whilst all of the above isn’t great from a profit perspective, I take comfort in investing in a company with great morals. I firmly believe that they will rebound soon however I am happy to hold on longer and won’t panic on the little dips.

You can do it on your phone. When you log in, in the top right corner there is an envelope. Click on it, bottom right there is a button that says new message. Cluck that and send a message saying what you want to do, you can either just tell them or you can use the template that someone posted.

320,000 voted with HL/hsbc

320,000 votes against!!

Apologies in advance for my ignorance. I mainly buy shares for a bit of fun (to make money as well though obviously).

What would everyone’s guess be as to how long the trial would take/a settlement reached? I’m not massively fussed but it would just be nice to know.

Also, if the court battle is successful and the compensation was a big figure, how would the money get distributed? Would it be a dividend or would we just see the share price rocket?

Thanks in advance for any answers/help.

@taylco.

Just as the poster before me put, log into HL and send a message to them. I never used the template as I hadn’t seen it, I just send a very rudimentary message asking the to vote against on my behalf but they’ve accepted it and said they will.

I wasn’t going to bother voting... how much difference can one small PI make (I have 320,000 shares). Then it occurred to me what somebody once said to me about voting in the general election... if you don’t vote, make sure you don’t have an opinion for whoever wins!!

I have my shares over 2 accounts, HSBC and HL. Both was a piece of cake so there’s really no excuse not to vote, whatever your opinion... although I do hope it’s against the warrants! :-)

Thanks for the replies. I looked at google first but thought I would get an actual human answer as well. I have been looking at the risers and losers. As I said I hold a modest amount of RMS so I had a pretty good few days last week. Here’s to hoping we have a decent rise here too! ??

I’m relatively new to investing and buying /selling shares. I do limited research and mainly do it for fun. I do do a little research but mainly rely on my gut, I’ve bought into this (approx 900,000 shares) averaging .54, HE1 and RMS.

The question I have isn’t necessarily exclusive to this board, I just wondered if there was a maximum percentage a share could go up in one day given price monitoring extensions etc also if anyone knows what is the maximum a share has ever increased in a day excluding consolidations?

Please no negative comments, as said above I’m just a novice and was curious if anybody had the answers?

Thanks for responding. It’s difficult trying to get my head around everything but appreciate the BB’s helping out, thank you

Hi,
I am no expert when it comes to buying shares, I just do it for a bit of fun. I have a modest holding in RMS, SYME, HE1 & NANO. I religiously look at the BB for a general view of what the shares are doing and the sentiment of the people in general. The only thing that I am hitting a brick wall with at the minute is “speeding ticket”. Is that when you get a price monitoring RNS? If so what does it all mean? Thanks in advance!