CVC - CVC Limited

[chiff]

I sense your angst @HelloU

I had a quick look at their recent performance …

I understand your angst ….

Being paid to lose everyone else's money … wonder if you need a degree for that

I held these for about three years and sold out last week..no damage done.About a month or so ago they said that they would make about 13 million profit.The next day a retiring ,departing manager director sold all of his shares for $2.65.They then held a shareholder vote to give the departing managing director a $1.8 million dollar golden handshake..the payment was approved.After this it was announced that their profit,after a revision of the figures, would only be about one million....and their future profits would not be as good. I did not like the way that they did business!

 

[barney]

I did not like the way that they did business!

Thanks for the details Chiff ….. Sounds like the MD would benefit from a stint behind bars … poor form.

 

[HelloU]

..... I do not like the way that they do business!

fixed it for u brother ....... cheers

and they trade about $100 a day which does not help an exit .....
I seriously got to get a new hobby ......

 

[chiff]

fixed it for u brother ....... cheers

and they trade about $100 a day which does not help an exit .....
I seriously got to get a new hobby ......

I sent an email to new CEO entitled "shonky behaviour".He wanted to talk to me...as if.I was lucky to sell out,as as you say,not many trades.

 

[barney]

I sent an email to new CEO entitled "shonky behaviour".He wanted to talk to me...as if.

They like to talk because email conversations leave a paper trail and they definitely don't want a paper trail …….

You should talk to him ….. tell him you are recording the conversation … he probably won't want to talk then either