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WSG bfg 28 Oct 2015

this is terrible. price keeps tumbling making new lows! unbelievable how the management let it get this bad. feel sorry for those who took up placing in 40p region

MMX Owen Nobody 28 Oct 2015

Re: market not impressed nor is BS impre... Well the market seems to have spoken and decided that the first digit should be an 8. Pretty depressing really short term.

TCM zulu principle2 28 Oct 2015

Re: Drop I think / guess it is still fallout from the profit warning. I have taken it as a buying opportunity but as a holder I would say that. There is always the chance of another warning.

PYC Apostrophe 28 Oct 2015

down and down it goes Picking up momentum? Is that another way of saying 'crashing in flames'?

ZOX popes11 28 Oct 2015

Re: maintenance shut down dates Fingers crossed they know what they are doing and how to do it. Hopefully not getting the chuckle brothers to carry out the work.

GBO gallant02 28 Oct 2015

Legal & General writes off Globo stake Not shedding any tears for him once I read the full script..."Fund manager Richard Penny writes off stake in app developer Globo, labelling the scandal 'the worst I've seen in 10 years'.L&G manager Richard Penny has written off his stake in scandal-hit Globo, labelling the accusations levelled at the app developer 'the worst I have seen in 10 years'.Penny has a stake worth around £2 million in the Alternative Investment Market-listed company at the 29.5p price at which shares were suspended on Friday. Globo was last week accused of generating fictitious sales in a report by hedge fund Quintessential Capital, which is shorting the shares.Globo denied the allegations and requested for trading in its shares to be suspended while it prepared a more detailed response. But on Monday, its chief executive and chief financial officer resigned, and today the company has announced it is under investigation by the Financial Conduct Authority.Penny said he did not expect to receive back any of his £2 million stake, fearing the company would be placed into liquidation, with potential lawsuits possibly eating up any remaining cash.He said that 'with hindsight' it was the wrong investment to make, but that it was difficult to account for the potential for fraud in investment decisions.'You can't legislate for that,' he said. 'If you base your decisions on audited numbers and they are wrong, you can't do it,' he said. 'It's quite exceptional. These sorts of things - we only see anything vaguely like that every five years.'Penny invested around £5.3 million in the company at 15p per share in February 2011. With the shares having rallied to a peak of 83.4p in October 2013, Penny has banked around £12.4 million since first investing, leaving him with a profit of around £7 million despite the write-off.'Sometimes you buy something that you shouldn't have and make money out of it,' he said.

CHG fortunatas 28 Oct 2015

Re: Afternoon all Lambrini Girl WRONG more luck than judgment..........................., don't think you should be 'patting yourself on the back'

GBO onewayticket 28 Oct 2015

Re: Auditor appoinment One of the nearest misses I think I have ever had in trading and investing. Was just considering a buy on the falls but decided to wait to see if there was further to fall after reading the contents of the dossier on the company.I genuinely feel for all holders and hope the culprits in this fraud are quickly apprehended and brought to book and that any that sue the auditors recover some or all of their losses.Own due diloneway

ORE davysed 28 Oct 2015

Re: Dog of a Share fair play,,feel like that myself.. 97% down and looking poor, not selling because i cant stand admitting defeat, holding till they go under or shoot up, qfi looks good ,

SGZ vfb 28 Oct 2015

Worth Reading [link] no one is looking for the Federal Open Market Committee (FOMC) to raise short-term interest rates when it ends its October meeting on Wednesday. And few expect the Federal Reserve’s rate-setting board to hike at its December meeting, either.The Fed has been stuck in a near-zero-rate rut since it ended its massive bond-buying program, or quantitative easing (QE), a year ago, and investors have waited for the other shoe to drop.But last week European Central Bank President Mario Draghi suggested the ECB was prepared to go to negative interest rates or expand its own QE plan if Europe’s economies and inflation remain weak.And last Friday the People’s Bank of China (PBOC) cut interest rates for the fifth time this year, following reports that China’s GDP is growing annually by less than 7%. China’s relative economic weakness (relative to its own recent history, not any of its struggling developed world rivals) had rattled investors and precipitated the summer sell-off.Top officials from the Bank of England and the Swiss National Bank quickly followed suit with dovish comments.How interest rates are set: The Fed's new tools explained(3:34)The Federal Reserve has kept interest rates at near zero since the 2008 financial crisis. To raise them, it has come up with a new set of tools. Produced by Katy Burne, Christopher Kaeser, Arielle Ray and Mark Scheffler.Result: Stocks rallied big time. Last Thursday and Friday, the Dow Jones Industrial Average DJIA, +0.24% soared nearly 500 points. It’s up about 8% this month, as are the S&P 500 SPX, +0.12% and the Nasdaq Composite Index. COMP, -0.09% Of course, the market’s recent advance has occurred since the FOMC decided not to raise rates in September, citing weak international conditions, so it’s in part a Fed relief rally. But I’d argue that the actions of other central banks have been even more important than the Fed’s, for three reasons:First, the three other major central banks combined have many more assets and hence much more firepower than the Fed does. They’re either cutting rates or continuing to buy hundreds of billions of dollars’ worth of bonds. Those dovish policies are pressuring Fed Chair Janet Yellen to postpone any rate hikes, perhaps indefinitely.The Fed, ECB, PBOC and Bank of Japan (BOJ) have $15.5 trillion in assets, according to Yardeni Research. The Bank of England and Swiss National Bank have another $1.2 trillion or so between them.That means the Fed has just 28.5% of the Big Four central banks’ assets — and about the same percentage of the $9.25 trillion these central banks have added to their balance sheets since the financial crisis.Here, too, China has surpassed the U.S. The PBOC has $5.1 trillion in assets, vs. the Fed’s $4.4 trillion, and about 80% of those assets are foreign currency reserves. China’s central bank has lots of money to pump into its economy or strengthen or weaken its currency, as needed.While Yellen dithers, the world’s other big central banks are going full-speed ahead.The Fed was one of the earliest to deploy QE, whose final round ended last October. But since then, other central banks have more than picked up the slack. The BOJ immediately boosted its own QE program to 80 trillion yen USDJPY, -0.07% , or $700 billion, a year, in a desperate effort to reverse Japan’s “entrenched deflationary psychology,” as The Economist put it.Less than three months later, in January 2015, the ECB finally abandoned its longtime obsession with nonexistent inflation, and announced its own QE program in which it will buy 60 billion euro EURUSD, +0.2444% worth of bonds every month through at least September 2016, for a total of 1.1 trillion euro. That amount may grow, Draghi hinted last week, as European economies remain weak and unemployment tops 10%.And then, of course, there are China’s multiple

PDL Ripley94 28 Oct 2015

Re: Here we go Again

AFR gubu 28 Oct 2015

Re: Alixpartners So Barclays estimated that Ebok, Okoro and Okwok fields were worth a combined $981m as at 1 Jan 2015 and that is when discounted at NPV15and now total assets are expected (as per the Sunday Times) to fetch $200m in a firesale - and that includes the furniture and artwork, which might be more in demand in this climate than the oilfields.So that is what a firesale does to resale values, less than 20%, can’t help feeling that some local investors are going to get some great bargainsA disaster for all concerned - including the bondholders by the wayI cannot hold out much hope here Idlv, I am afraid the Administrator will be relaxed as long as he is can flog everything off asap, and recover his fees, being a little cynical

UJO Ripley94 28 Oct 2015

Re: SP Angel - Broker Note Did they take advantage of the spike to have a placing @ 17 ?

FOG pedro07 28 Oct 2015

Jack Dignall Motley fool re falcon Investing in the oil & gas sector is risky at the moment but the reward is huge. In the case of Falcon Oil & Gas, I think it offers one of the best investment cases in the sector. The company has no large capital expenditure for years, and has exposure to the high-impact drilling campaign of which the first two of nine wells have been successful. Even after the share price rose last week on the back of good well results, I believe Falcon is a good bet for the future and should outperform. Jack Dingwall has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

BOK Ripley94 28 Oct 2015

Re: NEW ARTICLE: Booker stalls despite L... out b in ox