Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

The law may indeed be an ass, but what does that make us, for allowing the law to make these decisions?

We should be hollering from the rooftops for change, and to allow the indigenous to have their culture supreme over any other on any point of law where there is a conflict.

May seem a little right wing, but it is the product of left wing policy for 30 years.

Sorry to change the subject to shares (is it allowed on this thread?) but does anyone know what usually happens when a company of which you are a shareholder is bought out by an overseas company? A year ago I sold all my Stanelco shares (phew!) and bought into Rift Oil with the proceeds at 6p. Rift have accepted an offer from a Canadian co. at 13p a share, the shares are now trading at 12.5p but there appears to be massive selling. Presumably the company has to remain registered in the UK or the new company buy up all existing shares? If not what happens to my shares? I can't under stand why everyone would be selling.

Lets hope that the lawyer who advised her charges 3000 for their advice.

oblo, if an offer has been made at 13p then provided you accept and the offer goes through, you will be paid the 13p sometime in the future. If you don't want to wait until the payment date (given in the offer information) or gamble on the (normally small) chance that the offer might not go through, then you can sell in the market. There are people in the market happy to buy your shares at a discount and sell them to the Canadian company later for 13p.

Thanks Kayak - appreciate you taking the time to explain. What I don't understand is why people are selling at 12.5p - possibly they don't think it will go through?

There is always a chance it won't go through, normally small but sometimes not. It depends on the conditions of the offer. Once the offer has gone 'unconditional' then the chance is minimal since all the conditions have been met.

The other reason is that people who have another use for their money may prefer to have 12.5p now and reinvest it rather than waiting weeks for the extra 0.5p.

So, presumably, you could buy now at 12.5p and if the deal goes through be sure of picking up 0.5p per share profit?

oblo, the co. doesn't have to remain listed in the UK. That should have been specified somewhere if its intention is to delist i would think. It could be complicated to sell through a canadian broker (if UK brokers stop dealing it) if it does delist hence the selling. You could do with clarifying the listing position.

Yep oblo, that is what the arbitrageurs who buy at 12.5p are relying on, though of course there is a risk it doesn't go through and the price crashes!

Thanks raw and Kayak. I'm hoping someone else will pop up out of the woodwork and make a better bid!

The Effect of Political Correctness and Government Policies on Education




Teaching maths in 1970

1. A logger sells a truckload of timber for 100.

His cost of production is 4/5 of the price.

What is his profit?


2. Teaching Maths In 1980

A logger sells a truckload of timber for 100.

His cost of production is 80% of the price.

What is his profit?


3. Teaching Maths In 1990

A logger sells a truckload of timber for 100.

His cost of production is 80.

How much was his profit?


4. Teaching Maths In 2000

A logger sells a truckload of timber for 100.

His cost of production is 80 and his profit is
20..

Your assignment: Underline the number 20.


5. Teaching Maths In 2005

A logger cuts down a beautiful forest because he is
selfish and inconsiderate and cares nothing for the
habit of animals or the preservation of our woodlands.
Your assignment: Discuss how the birds and squirrels
might feel as the logger cut down their homes just for
a measly profit of 20.


6. Teaching Maths In 2009

A logger is arrested for trying to cut down a tree in case
it may be offensive to Muslims or other religious
groups not consulted in the felling licence. He is
also fined a 100 as his chainsaw is in breach of
Health and Safety legislation as it deemed too
dangerous and could cut something. He has used the
chainsaw for over 20 years without incident however he does
not have the correct certificate of competence and is
therefore considered to be a recidivist and habitual
criminal. His DNA is sampled and his details
circulated throughout all government agencies. He
protests and is taken to court and fined another 100
because he is such an easy target. When he is released he
returns t o find Gypsies have cut down half his wood
to build a camp on his land. He tries to throw them
off but is arrested, prosecuted for harassing an ethnic
minority, imprisoned and fined a further 100. While
he is in jail the Gypsies cut down the rest of his
wood and sell it on the black market for 100 cash. They
also have a leaving BBQ of squirrel and pheasant and
depart leaving behind several tonnes of rubbish and
asbestos sheeting. The forester on release is warned
that failure to clear the fly tipped rubbish
immediately at his own cost is an offence. He
complains and is arrested for environmental pollution,
breach of the peace and invoiced 12,000 plus VAT for
safe disposal costs by a regulated government contractor.


Your assignment: How many times is the logger going
to have to be arrested and fined before he realises that he
is never going to make 20 profit by hard work, give
up, sign onto the dole and live off the state for the
rest of his life?


7. Teaching Maths In 2010

A logger doesnt sell a lorry load of timber
because he cant get a loan to buy a new lorry
because his bank has spent all his and their money on a
derivative of securitised debt related to sub-prime
mortgages in Alabama and lost the lot with only some
government money left to pay a few million pound bonuses to
their senior directors and the traders who made the
biggest losses.


The logger struggles to pay the 1,200 road tax on
his old lorry however, as it was built in the 1970s it
no longer meets the emissions regulations and he is
forced to scrap it.


Some Bulgarian loggers buy the lorry from the scrap
merchant and put it back on the road. They undercut everyone
on price for haulage and send their cash back home,
while claiming unemployment for themselves and their
relatives. If questioned they speak no English and it
is easier to deport them at the governments expense.
Following their holiday back home they return to the
UK with different names and fresh girls and start
again. The logger protests, is accused of being a bigoted
racist and as his name is on the side of his old lorry
he is forced to pay 1,500 registration fees as a
gang master.


The Government borrows more money to pay more to the
bankers as bonus's are not cheap. The parliamentarians
feel they are missing out and claim the difference on
expenses and allowances.

You do the maths.


8. Teaching Maths 2017

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?????. ??????????????=D
8???
?????. ????????????

Remember the gobby lady 'Rottweiler' pictured with Lucinda Ledgerwood and to the left side of the following picture?



Just to give you a better idea, here is a picture of her in her swim suit, just as she was then:



Back then, she was a size 16 and weighed 13st 8lb. At 5ft 6in she was more than 3st overweight and her BMI of 30.2 meant she was clinically obese.

Her thighs rubbed together, her belly wobbled and her breasts strained against the tops she wore.

After some very disciplined dieting using some achievable goals (eg, rather than go for it to lose 3st, try losing 7 lbs every four weeks) and some similarly disciplined exercise prgrammes in the gym, well, here's the latest picture of her:



And her name?

Do you remember Claire Young from The Apprentice in 2008?

Well done Claire!

This is me,

Thanks for starting my week with a laugh. Very very funny. Also sad but true.
Will forward his on to many people.

Cheers Greekman.

might be taliking to myself but here's a live trading video if anyone's interested

http://www.youtube.com/watch?v=pm1xWozLDd8

Dam that's Wimbledon over for another year...

New balls please!

Clever Duck..

Plent of viagra, but no investment in the real decision of falling asleep while you are waiting for NCC to stop prioritising the security of software; with the effect of being almost pornographic, in its depiction of the awaited result of the ESP! that is predicted by jail haynes; as he begins the fear marathon towards the inveitable outcome; of the specified juncture of the precise month, of the exact year,present year 2009, of the specified BID 230p for the NCC stock; occuring when and as given by himself;after the long wait for the inevitable outcome of his prediction, above; by jail.

You don't work for my local council, do you?

Read today that as part of the move to encourage the Police to increase Officers from minority groups they have been 'advised' to recruit Gypsies.
Well I suppose its one way of making the Police budget go further.
Can just see it now. Cut price re surfacing on the station car park, (tarmac left over from the last job) be at least 6" thick Sir.
After all they will need somewhere to park their caravans.
I can see it now, a Sgt walking into the parade room and shouting for PC Smith and the whole shift stand up.

Note... My wife says I over exaggerate 6" inches, Perhaps one of my ancestors was a Gypsy.

As is often said, You couldn't make it up.