Huge Stock Market Losses

Can we learn from others mistakes?

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Bulletin Board Market chatter;

http://www.advfn.com/
http://www.lse.co.uk/

Tuesday 27 October 2009

29. Coffee Republic *Delisted*

JAF1948 - 27 Oct'09 - 16:43 - 5779 of 5786


ws,

You'll never change ! Why let a silly thing like the fact that Barty lost all his investment in CR stop your idiotic postings (about £1.5 million I reckon).

I lost £80,000 but I've moved on. Perhaps you should too.

Tuesday 14 July 2009

28. Coffee Republic *Delisted*

winning_streak - 14 Jul'09 - 12:28 - 5497 of 5498


And, Cricketer, IGNORE JAF - he will make out he's your friend then him, and all his little cronies will start insulting you and calling you a loser because you should have done your own research before parting with your well earned dosh!!!! They ripped £320k off crdirect. Took a franchise from one franchisee while he was in a coma in hospital - took one guys two franchises from him after he had organised a buyer for the one and sold them to the purchaser organised by the franchisee!! Took 4 franchisees from another chap, They repossess stores without giving notice and give you non of the support and training the promise you before they take their money - you have had a lucky escape in just losing a deposit, believe me.

Carwhite - 14 Jul'09 - 12:36 - 5498 of 5498


fully concur winning_streak

Monday 13 July 2009

27. Coffee Republic *Delisted*

paulmhammond - 13 Jul'09 - 17:02 - 5474 of 5478


I removed it quickly, as I know you are popular here. I've just lost a small fortune, so really, don't push it, I might just react badly to it.

Sunday 12 July 2009

26. Coffee Republic *Delisted*

JAF1948 - 11 Jul'09 - 16:04 - 5441 of 5449


I'm back from a nice cruise and have just spend an hour or so reading this board.

WS, I have to say that I have never read so much bile, spite, and ignorant 2+2=5 writings by one person (yourself) in any place in my life. You have no idea what is going on, you have no idea what has happened this week and you have no idea what will happen in the future. You should count your blessings that Coffee Republic and/or Stephen Bartlett do not have sufficient money to sue you for libel and defamation. Despite the company failing, there is still no evidence of any wrongdoing by anyone.

I have lost a great deal of money, but it was my decision to invest and I stand by that decision.

Friday 10 July 2009

25. Coffee Republic *Delisted*

winning_streak - 9 Jul'09 - 14:03 - 5342 of 5422


Well Paul, I'd own up to everything because you ain't going to walk away from this with any money anyway and well you know - so TELL THE TRUTH and make sure these crooks get what's coming to them - remember - Dan LOST £320k to them so, watch yourself.


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winning_streak - 10 Jul'09 - 14:50 - 5413 of 5422


Lordkendal - it is a lot to lose, £160k. I am glad you have other assets to fall back on too. Do you know how much each franchisee that has had their store taken loses? Quite a lot more than £160k!! Also, did you know that a lot of these franchisees re-mortgaged their houses to make that investment - these people were not as smart as you - they were sold dreams by the dream makers at cr. Mis-sold imo with false verbal promises of turning over £500k a year after a couple of years - what they weren't told it they would get to keep their shop for 6 - 12 months, knowing that they were going to fail and then, cr would take back the shop and sell it on again to another unsuspecting, gullible person and the cycle would start again.

24. Coffee Republic *Delisted*

lordkendal - 10 Jul'09 - 11:50 - 5376 of 5422


I'm inclined to believe Daimonbok's prognosis but I’d like to also believe in WelshG as where there's life there's hope?? However I have mentally written off my £160k. It would be a very big surprise to discover all maybe not lost after all?? Where to get the truth??



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lordkendal - 10 Jul'09 - 16:39 - 5417 of 5422


Daimonbok

Happy to have made someone happy today :-))

WS

When I was in business I also mortgaged and borrowed vast amounts when necessary. I never bought a franchise, as I was clever and creative enough to create my own business either from absolutely nothing in an empty building or taking over loss making businesses, all of which I owned 100%. I personally took all the risks and I personally took all the profits.

I did have a philosophy of not believing anything I was told and only 50% of what I saw. This stood me in good stead over the years. Everything in writing and I mean everything, nothing verbally, if said put it in writing.

Expect that everyone will want to have what you have and take preventative measures. In 40 years of running my own companies nobody took anything from me apart from the staff who thought it was their perks to pilfer, until I caught them!!

I am truly sorry for any franchisee who has been ill treated by anyone. I have seen, over the last 40 years a great many people who have failed mostly because of their own inadequacies but I do have sympathy for those who have failed because of the actions of others.

I can well live with the loss of £160k it just means I will buy an apartment overlooking the Med rather than a Villa however I do know some shareholders who have been badly affected and may not ever recover from their loss.

So it would appear that we are all losers, from both sides of the fence. I know that there is a really strong sense of abuse of trust and betrayal by SB from the shareholders, which I guess, is pretty much the same from all.



lordkendal - 10 Jul'09 - 23:05 - 5430 of 5431


Thanks Guy's looks as if i'm in for a bit of travelling.

Dan. You forget i can now only afford a small appartment :-)

WS

Believe me I feel £160k's worth of pain. I have left no pain myself on others only the pain I suffer for my greed in thinking that CR was a sure thing. Goes to show that even an experienced caterer like myself can come unstuck but then again I wasn’t running it, if I had I can guarantee you the outcome would have been different.

Thursday 9 July 2009

23. Coffee Republic *Delisted*

winning_streak - 9 Jul'09 - 20:04 - 5358 of 5358
But, don't let barstlett win ffs - KPMG do not find it even a misdemeanour that he stripped out his shop in Plymouth on Friday last. They know nothing about the churning and have set a deadline of Monday for closed bids. 83 requests for company details have been received - 2 of which are from contacts of mine - the details have NOT been received. This is all a heap of s**t and needs some pressure put on KPMG at the very least - as shareholders - put pressure on them - or lie there and just take it!!!! Paul £100k is it? Dan's 7 mates £100k each - That's £800k going down the toilet - barstlett needs to start paying the price of his shoddy scam.

Monday 19 January 2009

Volkswagen *Bought by Porsche*

Adolf Merckle (18 March 1934 – 5 January 2009) was a businessman, stock trader, and one of the richest people in Germany.[1]
Merckle was born in Dresden, Germany into a wealthy family. Most of his wealth came from inheritance. He developed his Bohemian (i.e. Czech) grandfather's chemical wholesale company into Germany's largest pharmaceutical wholesaler, Phoenix Pharmahandel. His family also owns the generic drug manufacturer Ratiopharm, and large parts of cement company HeidelbergCement as well as vehicle manufacturer Kässbohrer.
He was educated as a lawyer but spent most of his time investing. He lived in Germany with his wife and four children.
Merckle made a speculative investment based on his belief that Volkswagen shares would fall; however, in October 2008, Porsche SE's support of Volkswagen sent shares on the Xetra dax from €210.85 to over €1000 in less than two days (a short squeeze), resulting in losses estimated in the hundreds of millions of dollars for Merckle.[2]
In 2007, he was worth US$12.8 billion by most estimates (Forbes), and by December 2008 he was worth $9.2 billion, a loss of $3.6 billion. In 2006, he was the world's 44th richest man, dropping to 96th place by December 2008, but still one of Germany's five richest men.

Suicide

Adolf Merckle committed suicide on 5 January 2009 by throwing himself in front of a train near his hometown of Blaubeuren.[3][4] More than any other single investment, Merckle’s poorly timed short-selling of Volkswagen shares caused the financial distress that led to his death. Believing that Porsche could not complete its takeover of Volkswagen and would have to sell its shares, Merckle and others bet against Volkswagen stock. But Porsche had quietly and effectively cornered Volkswagen stock, so short-sellers such as Merckle could not buy enough Volkswagen stock to cover their short positions. Volkswagen stock therefore quintupled in value in a single day, causing billions in losses for those who had bet against Volkswagen's share price. Faced with such losses, Merckle's cement company was unable to make payments on a huge loan taken out to purchase an English competitor, Hanson.[5]

http://en.wikipedia.org/wiki/Adolf_Merckle