Jump to content


Advanced Members
  • Content count

  • Joined

  • Last visited

Community Reputation

2,742 Excellent

About AlexRich

  • Rank
    Platinum Member

Recent Profile Visitors

1,999 profile views
  1. If they are lying they would be easily found out, so perhaps they are not? It will be interesting to see if someone takes them up on their offer. As much as the Trump Moscow "PeeGate" story seems bizarre, what appears equally bizarre is his unqualified support for Putin, the only world leader Trump consistently praises. Now why is that?
  2. Trump has been highly critical of practically every major world leader, even allies like the UK, Canada, Germany, and Australia ... there is only one country he is never critical of, Russia? A girl who has intimate access to an Oligarch may actually have the goods she claims to have. Is it a coincidence that she just happens to get arrested in Thailand shortly after releasing revealing Instagram posts?
  3. Little point in lying to avoid deportation to Russia, that strategy would not work. She clearly is acquainted with the Oligarch Deripraska, and she's clever enough to know that the CIA would work out very quickly how credible her claims are ... so her claims might indeed be credible ... and the CIA are no fans of Trump, so they might just follow up on her story.
  4. By the time that the UK finally leaves the EU there will not be a voting-age majority in favour of doing so ... the older brexiteers are dying out, replaced by younger voters who favour staying put. Will the "will of the people" need to change to the "will of dead people"?
  5. Do Russia have the goods on Trump?
  6. AIM Delisting

    Below is an article from the small company UK website called Shareprophets for your information. Note the last sentence ... he's casting some doubt over waiting. There have been many scam companies from China listed on AIM, that's probably why he has said that. He's hinting that perhaps there might be a problem being paid out once the resolution is passed. I don't know how likely that is. If as he has said the company may relist in the future it is less likely they would do that. So read as widely as you can ... your last day to sell on AIM would be 18th March, so you have time. Check with Cardew that trading will be open from 13th to the 18th March. The gap between the payout of 30p and the bid price in the market may narrow after the 12th if the resolution is passed. Bid price closed at 25p today. Author: Nigel Somerville, website Shareprophets. "And so the ShareProphets AIM-China Filthy Forty will be down to just 7 members after Haike Chemical (HAIK) confirmed its previous suggestion that it may delist. The EGM is set for 12 March (in China, even though the parent company is registered in the Cayman Islands and listed on AIM), at which time we can wave bye-bye to another Chinese value destroyer. The result of the EGM appears to be set in stone already, as there is to be an offer for the outstanding shares at 30p a pop – conditional on the EGM passing the requisite motions. So, as Tom Winnifrith mentioned in today’s bearcast, we have a graceful exit. Of course, if you bought when the shares listed at 79.8p ten years ago, you might not think it is quite so graceful. The full coverage on Haike is to be found HERE but for now I have two questions: 1) The company tells us today that it will need to redraw its articles of association in the following manner: Following the proposed Cancellation, the Directors consider that there would be little benefit to maintaining the Company's present Articles in relation to its current admission to AIM. Pursuant to the Re-registration, the Company would also be required to adopt new articles of association by way of special resolution. Subject to the proposed Cancellation being approved, the Board intends to propose for a separate Shareholders meeting be held after the Cancellation to approve the adoption of new Articles. OK, it won’t be listed but I don’t see the need for new articles. And why, then, are we told that: The Directors currently believe that once the Company has developed its operation to the point where it is able to trade profitably, it may be that a relisting on a public stock market will again be appropriate I just ask the question. 2) It sounds as though there have been a few developments which were not clearly communicated to shareholders in the past, in relation to planned maintenance and plant shutdowns. For example, we are told today that: Some production facilities and plants were shut down because they could not satisfy the enhanced PRC environmental rules and regulations I can’t see how those shutdowns can be described as “planned”. I would say they were “forced”. At any rate, any shareholders who have not yet sold can dump today at 25p or wait for 30p after the delisting. Obviously waiting couldn't possibly go wrong….could it?"
  7. AIM Delisting

    I think you will be okay to wait and be paid the 30p, that's assuming that shareholders pass the forthcoming resolution. I don't think you will be selling on AIM at 30p, they will simply send you or your nominee account the value of your shares ... number of shares X 30p. The company is based in China but it's PR communications are handled by a company in Knightsbridge London called the Cardew Group [[email protected]] There is an email [email protected] to contact them. These details can be found on the Haike company website. Ask them how the 30p will be paid, they will be able to give you the correct answer. I'm guessing some shareholders' might sell now at a lower price just in case the resolution does not pass, and they end up owning stock in an unlisted company. You might want to ask Cardew how confident they are that the resolution will pass. Good luck.
  8. I'm afraid the joke that he made went right over your head. He's parodying Donald Trump's speech about Mexicans ... you know the one where he called them rapists?
  9. Bad guys in, geriatric Bridge players out!
  10. Agree. But note that I only referred to UK domestic stocks, the one's that have had the biggest beat-down since the referendum. The FTSE 100 contains the big multi-nationals, and it did well after GBP plunged. The domestic stocks do not generate a great deal of business overseas and so the currency fall increased the cost of their inputs, damaging their valuations. I wasn't referring to Glaxo, Astra-Zeneca, Shell, BP, etc ... more FTSE 250 domestic stocks. They benefit from a stronger GBP and the greater clarity when the EU-UK negotiations end.
  11. You're comments about the US market are correct, but bear in mind it is less obscene in an era of historically low interest rates. The interest rate is used when calculating the net present vale of future cash flows (the valuation model for share prices). The lower the interest rate the more valuable those future cash flows are, and therefore you get a higher valuation for the stock price. The Fed is scheduled to raise rates three times this year, I don't think that will change. That has been known for a long time. The "shock" last week was that they might have to accelerate those interest rate hikes ... so four times rather than three. The US market has not corrected for a very long time, this might just have been the excuse for that to happen ... a shock exacerbated by people betting on low volatility (low VIX rate) led to big falls. Not a bad move on your part ... just sit back and wait and watch what happens with no pressure. This looks a bit like 1987. The economy was fairly stable and you had a violent crash, exacerbated by automatic selling. It quickly rebounded. Personally, I think we have a little bit more to go as world growth is picking up and earnings are improving. Albeit more volatile than before. When a recession is more clearly on the horizon we'll see a bear market. It is inevitable, but may not be imminent. Also, some talk of investors changing to value stocks, you'll find some in UK domestic stocks. The UK, especially domestic stocks, has been hit by a currency fall and growth slow down following the referendum. So GBP is historically cheap, as are domestic stocks, and business confidence is fragile. That may well reverse once the UK-EU negotiations are complete and things become more clear. My point in my last post is that if you have Aus $, you can buy the UK cheap, with decent dividend yields. As it recovers you get a capital gain and a currency boost. It was just an idea. And requires a strong stomach and a long-term holding. Bear markets tend not last more than a couple of years.
  12. At last, a story about a decent human being! Wonderful lady.
  13. I doubt you'll find an investment with that yield and a guaranteed return of the principle. But if you are holding Aus $ you might want to consider an established foreign market with a weak currency, as you'll get more bang for your buck. The UK is an obvious market and major Australian miners are listed in London. UK focused stocks have been weak following the referendum vote. You'd get a reasonable yield and commodities usually hold firm in an inflationary environment, which we might well be going into these next couple of years. If interest rates do start to rise it would be wise to avoid companies with high leverage (debt). So low or no debt, established brands, strong cash flows. A bounce back in the UK GBP would be an added bonus. It also requires a strong stomach as market volatility looks to be the theme for 2018.
  14. Agree. The necessary premeditation begins when your foe is no longer able to pose you a threat yet you continue to mindlessly stamp on his head, with his death being the reasonably foreseeable result.
  15. Table tennis venue in Pattaya

    If the girls are serving without the aid of a bat I'd guess you'll be inundated with beer guzzling table tennis enthusiasts!