any comments, thoughts, on this stock.

Trust me, fatgreek, NRK will sink like the Titanic soon. SELL out.

RAB. What are they up to ? .

I reckon they had a very big punt and it looks like it's going wrong.

Whoever is putting them stories in the weekend press is another question but that's all part of the game I suppose. Must be some serious Swiss bank accounts on the go the last few years.

cynic.. yep ... ig..index and markets or..if you like... s/bet and cfd unborrowable. Also City Index unborrowable. Cantor and Spreadex still accepting shorts but this could change quickly.

I can't work out why it's not suspended because in my view it's kaput but you have to go back to the first Parliament Commitee meeting. Everyone was 'on holiday' and none of the plonkers had taken the time to read the accounts.

Anyway...a bigger picture thing. Who else.. Well I reckon it's worth looking at companies who will in time get hammered from the fall out.

mc.

Almost certain to be very little/nothing for existing shareholders.

No surprise there then BD.

market underwhelmed by these 6/8 bids! ...... perhaps it's maestro on advfn redkoning sp would rocket this morning, for i see sp has slipped again!

Maestro is full of shite...doesn't have any clue at all.

i am surprised he has any money too!

I have just had a look at the KYS thread on the rival site, a mention by E K on RAB and NRK, I think Simon has a 8 % holding one way or another in KYS.



Gentlemen,

See what I mean? RAB are completely useless. They have gone and written off circa 50m on Northern Rock and now need to raise a paltry 150,000 or so to try and make things up cashwise. How the reputation of RAB was ever allowed to get so inflated I shall never know.

Simon Cawkwell

Perhaps evil is right but don't forget politicians are never wrong! Or are they?

Adam Applegarth has finally swallowed his pride and has stepped down from his throne of crisis which he built.

several pages in Sunday Times devoted to NRK debacle ..... with some amusement you may read about two hedge funds (RAB and SRM) squawking about the damage to shareholders if NRK is sold off .... what they really mean of course, is that the pair of them have been pouring millions into buying the stock as it fell, and are now likely to take a total pasting!

ST reports that all the bids now on the table value NRK at significantly below Friday's close, with Abbey's partial purchase being the only one that just might, several years down the line, put some value back into the company/shares ...... but why would one want to keep holding the shares in vague hope in the meantime?


just for reference, an extractedcomment re Abbey was ......

"Luqman's backers intend buying between 10% and 20% of the company at a price similar to where the shares now stand. This is believed to be much in excess of the price offered by rival bids."

cynic
Cheers I missed the 115p to 285p i will keep watching.

Great news...this will cause a slide in NRK tomorrow.

DOUBT IT..APPARENTLY 400P BID ON THE LINE

you mean i should care? .... i have guaranteed stops, so would be out with a profit even in the less than unlikely event that one of your crap stories comes true.

when do you expect to bank your multi-bag profit in EEL?

possibly tomoro on peak news tonight

Interesting.... where would a bid of 5 billion stg let alone 6 put the share price?

or have i got my sums wrong?

all depends on the change of BOE loan status to ' restructuring ' i surmise

then again maybe not!!!!...low bids abound?

The Treasury is in control of this process and it isn't the least interested in the shareholders. If the shareholders get 25p/share they'll be lucky.

if maestro has actually bought NRK, he'll soon be able to wholesale all the baths he has taken!