BrahimHemdani
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Posts
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Everything posted by BrahimHemdani
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Undoubtedly. They - such as Laxey, Artemis and River & Mercantile already did and they will do so again to average down their cost and maintain the weighting of their holdings. IF they like the plan.
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In principle, that sounds very sensible and exactly what McColl propsed to do in 2010 but dropped out when SDM leaked the RST plan to the press. However, if I was him, given that BR only have a couple of hundred monthly DD's at the last count (still waiting for plg to come up with the real number) I wouldn't bet on getting even half my money back any time in the next 200 years. In fact if I understand it correctly the BR scheme MUST buy shares, so it would need to be something quite different. Something like RF for example which has the flexibility to invest in other ways.
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Exisitng investors.
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So you don't actually know if he has any?
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Or unite perhaps?
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No I won't but do you have an alternative version of King's next statement?
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Pray tell, who are Mr King's co-investors?
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You are obviously not in tune with my warped sense of humour (in relation to that comment) ; but I am a fully paid up member of The Apostrophe Protection Society http://www.apostrophe.org.uk/ https://www.youtube.com/watch?v=px3jk9EcJCs&feature=youtu.be Zappa will like this
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I think you just hit the nail on the head; no more mystery investors please.
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There has to have been some sort of understanding on the wording of the statement, even if it has been issued as Board statement; there would be no point in the Board putting that out if they knew that he was going to substantially contradict them. That would just strike even more at their credibility than has already happened. I just cannot see him coming out with something totally contradictory. Therefore I would expect something very similar from King; perhaps something along the lines of let's wait and see what comes out of the review with some kind of veiled threat about what the UoF will do if they don't like it. He'll dress it up by saying he's going to get the chance to invest in a new share issue; but that's been coming all along. Basically the Board have called his/UoF bluff and I sense a major climb down in the air. The reason I say that is that (a) the Board will not pledge the assets against the ST money in trust or otherwise and (b) once King becomes a major shareholder, it wouldn't be in his interests either. If my calculations are correct and there's a new issue at the current price then £10 million would by him around 25% of the company, if he got allocated all the shares he wants (by no means certain) which would mean he could block the sale of Ibrox for example. He might then say job done. He'll find a way to include the fans through BR or RF or something similar and a sympathetic fan(s) or other appointee to sit on the Board for him. You read it here before it appears in the Record.
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I know he invested and allegedly lost £20 million before; but isn't that the figure that's been quoted about his currently proposed investment?
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Totally unacceptable.
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The First Annual Gersnet Dinner (The Bears Picnic)
BrahimHemdani replied to BrahimHemdani's topic in Rangers Chat
Name of person or company is Gersnet Dinner. but as GS says it's the sort code and account number that matter. -
The First Annual Gersnet Dinner (The Bears Picnic)
BrahimHemdani replied to BrahimHemdani's topic in Rangers Chat
Not a problem SC glad to have you on board. The card readers are generic but your Mrs will have to ask them to send her a new one which she'll need to add any new payee. They don't keep them in the branches. I would have thought that the TSB would have some means of allowing you to make online payments but it might depend on the type of account you have. Anyway, as I say it's not an issue; if you don't pay up we'll send the Krays. -
The First Annual Gersnet Dinner (The Bears Picnic)
BrahimHemdani replied to BrahimHemdani's topic in Rangers Chat
Still on the bench. -
On a planning note - does anyone know if we are in it, if the game is definitely on Saturday the 12th or could it still be moved to the Sunday the 13th?
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How can they expect anyone to take them seriously if they dont know their" it's" from their "its". That apart it's a well worded statement. On a more serious point; could a representative of the UoF please clarify the "new investment from Dave King", like how much is it for instance?
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King's next move is key.
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Does not rule it out for ever and all time.
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The Meeting Between S Easdale and SOS at Full Time
BrahimHemdani replied to chilledbear's topic in Rangers Chat
No, it was a reference to SBR's thoroughly offensive comment. -
As I said on the other thread, absolutely no chance whatsoever of the Board granting security over our main assets in return for ST money in the proposed trust scheme. Interpretation - We confirm that there will be a rights issue and fans including Mr King can participate if they so wish.
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All good pals then?
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What I found really quite sinister was that the bald headed guy in the Rangers jacket and tie in the row in front of Nicky Law, who I believe is Rangers Stadium Security Chief made a point of standing up when someone shouted "sack the board" in the 18th minute and then when the name "Easdale" was mentioned, I didn't catch exactly what was shouted but it might have been Easdale out or something like that, he clearly nodded towards the steward manager at the top of the passage, presumably asking him to finger the person responsible. The steward did not move. In the 72nd minute the same bald guy stood up and faced the rear of the stand, which action was met by a shout of something like standing up won't stop us showing the blue cards, which it didn't. After the match I noticed the same bald man in conversation with the steward manager and another of the very experienced stewards and he took notes on his clipboard, perhaps seat numbers. Whilst I personally agree with the SoS objectives I do not agree with the ST trust scheme (pending further clarification); but I do respect the right of any paying customer to express their opinion of the directors and management of the club, so long as it is done in a civilised manner as happened today.
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The Meeting Between S Easdale and SOS at Full Time
BrahimHemdani replied to chilledbear's topic in Rangers Chat
Or fascist dictators for that matter. -
The Meeting Between S Easdale and SOS at Full Time
BrahimHemdani replied to chilledbear's topic in Rangers Chat
Let me clarify my opinion. I agree that it's better to sort it out face to face though matters did appear to have gone beyond that and the solution was obvious to me at least; where I disagree completely is that it should be done in public and certainly not at the Director's Box wall after a match, which is only inviting publicity. IMHO on a matter as serious as this the face to face meeting should be in private.