Re: Shame you missed out Orchard Gate "I'm bright enough and know what I'm doing well enough to not sink to the level of getting personally insulting to fellow posters"I see. So when you describe other posters as "clueless", say they "can not read" and "do not understand anything about business" that's a valid comment is it while describing a poster as "dim" is a personal insult. It must be one of those tricky irregular English verbs - you're abusive, he's insulting, I'm offering valuable commentary.
Re: Shame you missed out Orchard Gate So if it is that obvious why hasn't the LSE suspended trading and investigated? You try to make your rumours and scaremongering sound like fact.
Re: Shame you missed out Orchard Gate Loadsa. How is my answer not satisfactory? For all intents and purposes they HAVE b*ggered off that's my point. Or were you expecting them to RNS them leaving en masse with suitcases full of cash?You really haven't bothered to think through Naibu's accounts. They are rolling in cash and report stonking profits yet choose to sit with a miniscule market cap. Care to come up with a good answer for that or why they wouldn't do the glaring obvious buy backs or take private?No more replies from me as I'm done with this one. You wouldn't see a robbery if got mugged in the street.
Re: Shame you missed out Orchard Gate So neither OC or paccamac can answer the question satisfactorily despite being allegedly 'less dim'. paccamac's answer is better; just let the company whither however now they have the money why not just b*gg r off now? His assertion that they have loads of cash to buy back the company is not correct. The story is that they are not paying a dividend because they need to conserve cash for the second new factory build. nevertheless they expect dividends to resume in 2015.On a different topic, there was a poster on here about 6 to 12 months ago who managed to research Naibu in Chinese and found loads of hits on Chinese websites and concluded it was/is very real. I have asked a contact I have to look into this in Chinese; will report back if I get anything useful.
Re: Shame you missed out Orchard Gate Orchard"you, alongside UphillStruggle and Hardboy have no idea what you're doing and are probably not very bright. "I'm bright enough and know what I'm doing well enough to not sink to the level of getting personally insulting to fellow posters.
Re: Shame you missed out Orchard Gate Ps - To answer your question. All frauds end up getting found out if they continue to stack the lies (a la Enron). If you want to nick the cash AND get away with it you let your plc wither on the vine and simply say it didn't work.My bet is Naibu will keep tapping AIM for funds until stoopid investors lose interest at which point management will simply wind it up and blame the vintage.
Re: Shame you missed out Orchard Gate Loadsa. You just don't get it do you?A far better question would be why don't management do a share buy back or MBO. If my company was trading at such a colossal discount it is a no brainer.They (claim to) have oodles of cash and huge profit so even if they bid 100% premium to the current sp they could take the company private or simply do a buy back to greatly enrich shareholders such as yourself.If you think about it there is only one reason why they don't do this...
Re: Shame you missed out Orchard Gate I will say this very slowly .....As I've said it about 12 times before but you appear too thick to understand simple English. I have never said Naibu is a fraud. I have, however, said (over and over again) that the reasons put forward by you and your feeble minded friends (Uphill Struggling to understand investment basics and Hard of Hearing Boy) as to why it is not or cannot be a fraud are laughable - it's audited, its listed, Investors Chronicle was bullish etc etc.Please come back and ask if you can't understand any of that.
Re: Shame you missed out Orchard Gate OK so I'll ask you the same question I asked paccamac as you are obviously less dim than I:If it is a scam why haven't they (Naibu directors) already left town? The share price is bombed out, what are they waiting for? Why perpetuate the alleged scam? Why issue profit warnings instead of making it all sound wonderful so they can offload more shares?
Re: Shame you missed out Orchard Gate Interesting you should mention Thompson and the IC. Below is my very first post about Naibu dated 6th June. Now you might think I'm a plank, as I do you. But the difference is that this plank could at least see that Naibu was a joke, rather than a serious investment proposition, whereas you thought it warranted a "strong buy" recommendation and some other plank thought if it's tipped in the IC it must be okay. Shares that day closed at 74p, so subsequently down 80% in just 6 months. Now if a plank like me could see this, how come you - not paid to sell a magazine like Thompson - could not? I would suggest it is because you, alongside UphillStruggle and Hardboy have no idea what you're doing and are probably not very bright. That Dumb and Dummer act think if it's audited and on a stock market it must be okay and can't possibly be a fraud. Oh, lordy, a fool and his money .... etc.So yes the stock market is pretty efficient at taking money from clowns and re-cycling it to people who are at least slightly less dim. You might not like to read this but it doesn't stop it being true.********** ********** ********** ********** ********** ********** ********** ********** ********** ********** ********** **"Having said all that i would find it hard to believe that IC would tip this company without doing some footwork" You mean like Simon Thompson's repeated buy recommendation of Polo Resources in the high 20's on the basis that it has 38p of liquid NAV? Shares now about 12p. There's obviously a good reason for the - apparent - huge discount. all means flutter the cash you might otherwise put on Lucky Lad in the 2.30 at Chepstow or on Jack Wilshere being able to run around for 90 minutes without getting an injury which keeps him out for 3 months but please don't mistake that with making an investment.
Re: Shame you missed out Orchard Gate Simon Thompson was pretty stupid then as he was raving positive about Naibu until they dropped the divi. Investors Chronicle are pretty stupid then as they employ stupid Simon Thompson. It's easy to call people stupid with hindsight.
Re: Shame you missed out Orchard Gate "It is a wonderfully entertaining conceit that people who lose on the stock market somehow deserve it for being less clever than anyone who performs better"I don't there is much doubt that stupid people are more inclined to fall for fantasy investment thesis put forward by the likes of Naibu, Vyke and Polo than are more intelligent investors. Indeed, one might argue that some of these types of companies specifically rely on finding enough dumb investors in order to do what they do.
Re: For paccamac Ah I think magnanimous was the word paccamac.But tell me this; if it is a scam, why haven't they left town already?
Re: Shame you missed out Orchard Gate Ha ha. It is a wonderfully entertaining conceit that people who lose on the stock market somehow deserve it for being less clever than anyone who performs better. But be careful what you wish for IMVHO. You might find that your gin, hookers and 65 inch curved TV put you on the wrong side of the dim/bright divide.
Re: For paccamac Care to name them?