sansione
03 May 2018
ii swap It would appear that B of A have sold a fairly large chunk of stock to HSBC. At least 4% of the outstanding shares.
nat-king-coal
03 May 2018
Re: Where art thou Jacarandauk? This should be 40+ with the increase in oil overthe past month's alone.And with the rig on its way roll on the drill .
indaknow
03 May 2018
Where art thou Jacarandauk? Jac39p paid. Wonder whether you still stand by the statement below?“The IIs know a dog when they see one.”You and Winnet are awfully quiet. Can’t think why.....GLA - good shout Simon!
Bison722
03 May 2018
Re: HSBC up stake to over 7% - see RNS oh dear the great eagle resorting to petty and personal jabs again - always does it when he has been caught out spouting drivel and cant come back with a reasonable and coherent counter argument. speaks volumes of you eagle and its is sad when clearly have you done so well in life as you like to tell everyone on every board you post on!i guess it was just a successful career and thats not really replicated in your personal life? i mean loneliness isnt great at the best of times, let alone someone your age? are you like this because you have nothing better to fill your time with?and you are clearly onto a loser when you start sensationalising and exaggerating others actions - i dont get into these discussions with you purely because they differ from mine, its because when challenged you cant come up with facts or even examples to back them up, so i know you are just spouting nonsense oh and can you point out exactly where insulted you in my previous post?fact of the matter is you have come on here time and time again offering your "opinion" how shareholders are going to get stitched up, COC will siphon off the cash, there will be a killer blow coming soon...........blah blah blah if you want to offer up these opinions then why are you so defensive when someone asks you to substantiate them? i mean the only reason those sort of questions would rattle you so much is if they were purely BS?it must be hard for someone like you who thinks so much of himself and believes he is far more intelligent than 99% of other people, to come on here and be challenged and beaten by someone far younger and of inferior intellect.............but suck it up, stop whinging, if you want to put forward your views then take the counters like a grown manyou havent substantiated a single one of your theories or been able to directly address mine, it is all vague and ambiguous because you actually dont have any evidence to back up your negativity you like to agree and "tick up" posts from jac that simply say "10p coming soon" - so when is that 10p coming then eagle? 38p gone today and drills not even started...........you think jac and winnet might be soon really feeling that sellers regret?cheers ol' man river #helptheaged
eagle51
02 May 2018
Re: HSBC up stake to over 7% - see RNS apologies - 46% was a typo. The 42% I stated later is correct as far as I am aware.I would also add that I have no reason to doubt the intent of all parties connected with SBTX to act honestly and properly. It's an early stage Pharma and possibly carries riskwtfdik? Throw in the kitchen sink. I give up.
eagle51
02 May 2018
Re: HSBC up stake to over 7% - see RNS You come across at times as a sad individual, Bison. I'd ask someone to help you overcome your seeming need to belittle, abuse or otherwise insult anyone who doesn't agree with your take on things. It has probably held you back in life judging by your evident need for BVLN to pay out fairly and well to shareholders like yourself. It's simply my view, based on what life has dished out to me by way of experience, that there's a chance it won't because COC and other unidentified holders won't want to share what they'll see as theirs for the taking when the time comes. I don't say I'm right - it's just my hunch. If you had a bit more 'nous' you'd know they are many ways COC can choose to prefer its own position over yours and others. You'll recognise the symptoms ('killer blow' as I described it) when and if this happens (which I don't say will, but should be considered as a risk).I assume arborman defines 'poison' as whatever he doesn't agree with. Great idea for everyone to put their money into an early stage Pharma that's 46% owned by another slightly later stage one with accumulated losses of £10m+ and still clocking them up at a rate of knots, as is the company he says is going to make you 1000% profit, presumably quite quickly. Another shareholder (presumably an 'ally' of the 42% holder) owns something like 15%. How strongly placed does this leave other shareholders I wonder?Good luck - it could come off; I dare say stranger things have happened. It's sometimes a disadvantage understanding accounts and things like that as it prevents me putting money into certs like SBTX. Please note this is only a 'risk thing' and SBTX could fly if enough people decide it's a buy. Flying is fun for those able to do it.GLAimo/dyor
arborman
02 May 2018
Re: HSBC up stake to over 7% - see RNS I have this eagle character barred from my feed as their poison made me sick a long time ago, I would suggest others do the same, can I suggest you all look at and dip your toes into SBTX, I’m in at 10p and I reckon it can go to £1 when they start selling through a major international cosmetics household nameAll IMHO and please do your own research All the bestAx
Bison722
02 May 2018
Re: HSBC up stake to over 7% - see RNS couple of other snippets from jac28.06.17 "I truely believe that BLVN will enter a death spiral soon and will be below 15p, perhaps well below....at that point we will see how COC intend to try and get the assets for next to nowt and leave shareholders fuming...."ticked up by 2 posters - eagle and winnet19.07.17"I might have a few blvn shares again when this hits 10p and the COC cheerleaders have turned against them...."ticked up by one poster - eagle
Bison722
02 May 2018
Re: HSBC up stake to over 7% - see RNS worth noting jac sold at 35.5p...............its there in black and white in his posting history and despite the SP going over that several times since, he recently stated "the SP is yet to reach my sell out price" ...........not a lot of honesty coming from our 2 biggest bears is there.......wonder why that is?#sellersregret
indaknow
02 May 2018
Re: HSBC up stake to over 7% - see RNS EagleThis is unchartered territory for me - I agree with your post!Whilst I don’t think COC would be silly enough to have HSBC hold as nominee for them, or someone/firm close to them, I do think it’s more than likely that HSBC is holding as a nominee for someone/firm rather than holding for the benefit of HSBC.Pure speculation on my part and no evidence to support my view - it’s simply a gut feel.On a slightly different topic, 38p was paid yesterday. That means that shareholders could have sold for a higher amount than that received by the investment guru that is Jac - just thought it worth pointing that out......
Bison722
02 May 2018
Re: HSBC up stake to over 7% - see RNS eagle not so long ago you wrote "My personal view is that the final one will deal other shareholders the killer blow"and today you write "I don't have a real feel for it because I can't read minds and I therefore don't know what COC and others intend to happen"i dont mean to be confrontational but those 2 comments are slightly contradictory.on the plus side lately you have been a bit more honest, open and pragmatic i believe. before it came across you were just siding with winnet , well for no logical reason as he has proved to be a liar and just talks drivel on many an occasion. individuals were even coming across from other boards to post for the first time on here simply to tell him his thinking is so bad it is "baffling" but i digress, what i was wondering it why you didnt really explain what this "killer blow" is? and what you even meant by the "final one", in what context do you mean those comments? with all due respect you have stated the obvious on many occasion, COC are a hedge fund and they will look out for themselves, well yes, but you have offered no facts or examples on the most likely (to me anyway) scenario i will outline below and how they stitch other shareholders up?so my opinion is that the most likely scenario that plays out is COC sit at what is now probably 29.99% so they dont breach the 30% mark and therefore dont have to make that mandatory offer themselves.wait for drill (these have very high COS) results to come in, prove up those contingent resources to reserves and then flog the co to the highest bidder. COC might even have a buyer lined up and a $ per 2p reserve sorted.would you argue another scenario is more likely? my final point is if the buyer offers 65p per share, i dont see how COC can allow anything less than 65p per share to filter through to other shareholders, there is literally no mechanism (legal or otherwise) i can think of that allows this to happen?kevin hart nearly ran this into the ground and he would have if he stayed on as CEO, so a sale at anything above 45p and shareholders would have done well, even those with 100p+ averages, simply because if KH remained in charge, a sale might have occurred under 15p or BLVN would have gone bust - so i really dont understand or see this COC induced "killer blow" you speak of.......?
eagle51
02 May 2018
Re: HSBC up stake to over 7% - see RNS I agree, sansione, assuming all the parties are acting in good faith.It's probably the trading arms of Merrill Lynch and HSBC having a punt on making a shilling on a quick outcome that's to ordinary shareholders benefit. Or maybe the BVLN shares they've acquired are destined for one or more of the multiple funds they have under management that are intended to provide longer term returns for pensioners, widows and orphans? I have to admit that shareholders always enjoy the considerable comfort of knowing definitively that the many different UK regulatory are there to ensure, after the event, that the rights of shareholders have been upheld in whatever happens that shareholders might complain about, so there's no risk. Hedge funds and investment banks (or investment banking arms of clearers) would be terrified of breaking any rules.Phew.GL
sansione
02 May 2018
Re: HSBC up stake to over 7% - see RNS It obviously can`t be for COC as it would then be a " concert party " and would trigger the necessity for COC to bid for the shares in the company that it does not already own.
eagle51
02 May 2018
Re: HSBC up stake to over 7% - see RNS "Must be holding as a nominee for COC"......................unusual for you to be close to the mark, Indaknow 
. ........not necessarily for COC, but imo HSBC is hardly likely to be holding on its own account. Whoever the beneficial owner is (if I am right, which I do not say I am - I'm simply pointing out the possibility) might of course just be shy. The use of Banks as nominees in 'fluid' situations where hedge funds are involved is fairly common, because it more easily allows for significant percentages of votes to be cast in the same direction, whilst giving no clue as to the identity of organisations/people who beneficially own the shares. This makes it more difficult for their ultimate motive/s to be determined and allows for the element of 'surprise'.There's plenty to read about on the subject if you're minded to look for it. I'm not making it up.I have not stated that the holdings of Banks as recently notified are as nominees - I have stated that imo they probably are. Is no-one allowed to have opinions that differ to yours?Have a look at the situation in Slater & Gordon (ASX: SGH) - which I'm not saying is the same as the one here because the circumstances leading up to hedge funds holding so many shares were entirely different. However, hedge funds and Banks holding as nominees do feature and how this has played out might thus be worth considering. Anchorage Capital ('AC' - a US hedge fund) became the biggest holder of SGH shares and along with other similar funds took control of 95% of. issued shares. All holders of the 95% have their shares held in various bits of Merrill Lynch, which votes as a single holder. The fate of the 5% (I appreciate it a lot higher here) is entirely in the hands of the 95% - although the company has retained its listing (for the time being) and a lot of the 5% won't have it that the future is anything other than rosy. Talk about daft. As I say, the circumstances leading to the present ownership of shares in SGH were entirely different to the ones here. The common theme is hedge funds and banks holding as nominees - with other shareholders' rights totally disregarded.The situation might play out well for ordinary shareholders in BVLN (depending on what they paid for their shares and what they are look for on exit) but it might not. I don't have a real feel for it because I can't read minds and I therefore don't know what COC and others intend to happen.I have difficulty in understanding the mentality of people who participate in discussion forums such as this and feel the right way to go about things is to insult and try to belittle others whose views differ from their own. Wise investing is about considering all possible outcomes and managing risk accordingly. Not to consider the possibility that one's convictions might not be entirely correct seems to me to be a bit daft. If there's one lesson XEL taught me it was to throw away my blinkers.GLjmofwiw/dyor
sansione
02 May 2018
Re: HSBC up stake to over 7% - see RNS Indaknow that is.
