HIBU

   

seize the day is sad
  3 Feb'13 - 09:28 - 5798 of 6574

Statm
Too late, thanks for the obvious tip, anybody knows that, only an idiot can ignory. I did. Im pennyless. Modt of my hibu gamble is on a cred card and th rest was all my savings . Im left with 11k debt. Fck

risk1
  3 Feb'13 - 11:02 - 5799 of 6574

Dont panic captain hope it finishes better than Minus 11k




seize the day is sad
  3 Feb'13 - 23:28 - 5800 of 6574

risk1
i hope so but i have lost faith (faith=98% of my money)

KNIGEL
  3 Feb'13 - 23:34 - 5801 of 6574

News due real soon... hope existing shareholders get something out of this restructuring...

squire007
  4 Feb'13 - 09:26 - 5802 of 6574

Too damn quiet for anything to happen just yet !!!! we will see an uplift when the deal gets close ............. GLA

reallyrich
  4 Feb'13 - 09:34 - 5803 of 6574

or a downdrift

seize the day is sad
  4 Feb'13 - 12:28 - 5804 of 6574

or a shaft

risk1
  4 Feb'13 - 12:41 - 5805 of 6574

3 Feb'13 - 23:34 - 5801 of 5804 0 0

News due real soon... hope existing shareholders get something out of this restructuring...

I bet a lot of these shares are held by hedge funds ready for the restructure

win win for them

win on deal for debt ie) get back more than they paid for it in the first place

win on the bounce in the sp as they bought the shares back at 0.2- 0.4 after shorting from much higher prices

Just wait and see but i think little or no value means more than 0.33p

I would guess at 1p plus which is still less than 5% of the company

Headline = massive dilution wipeout for the ordinary shareholder

But a shareholder paying 0.33p

Maybe a good punt??

We shall see

all imo no advice intended


saj190
  4 Feb'13 - 13:55 - 5806 of 6574

Still no news, I am guessing that whatever is going to happen will be on 12th of Feb 2013 when we get the third quarter results.

KULVINDER
  5 Feb'13 - 13:00 - 5807 of 6574

STD, you not alone with your losses, there are are big losses for members on the 3i bb also just like you and me, I have removed the poster names;


12:24 Re: Passing the time 2

lets hope we are left with some "little value"...


11:04 Re: Passing the time

just over 4 million ..2.3p average....nice work
------------
Not really; bear in mind I initially got in over 18 months ago and was sat on a 35k loss. Shorting it come results day saw me break even last year
Left it alone at 7p and came back sub 1p; having promised myself I would not touch this nutty share again


Broke my promise. Bought 6mill at 0.72p then the following day "no value" etc etc!
SO a further 6mill at 0.29 and 0.3. Giving a grand total of just over 12mill at 0.464

I am down (again) ,showing a current loss of just over 19k.
I pity the fool....


10:54 Re: Passing the time 2

just over 4 million ..2.3p average....nice work !!


10:39 Re: Passing the time 2

Well I hold 2,516,867 with a break even of 4p gawd help me


10:39 Re: Passing the time 2

12.4mill
b/e 0.46p


10:30 HoldPassing the time 2

At least the last posting generated something to pass the time away. My observation is that the holding PIs have a considerable share holding and are generally miffed with the treatment from the Hibu BOD, (especially Johnny!!) and in particular the Investor Relations "hotline".

So what pressure can we bring to bear, what about a quick trawl of the shares held? Taking out the 3 biggest share holders, FIL, Standard and Invesco there are around 2041.2M shares in the market.

I hold 1.4M, my B/E is now 8.5p, averaged down a bit, thanks Ace,etc...; I know I am daft!

Whats the number of shares on this BB??


10:14 Re: Patience

Don't worry won't belong before news

The Group can confirm that the options being considered are likely to result in little or no value being attributed to the Group's ordinary shares.


10:13 Re: Patience

Boy o boy patience. Yes well all the longtermers here will know about patience. No one has a clue as to what is going to happen here. Maybe the BOD or the CoCom do, but we don't. I am heartened by the fact that there are still ii holding here. I have the equivalent of second hand SMART brabus left in here, something that I am quite prepared to leave and gamble with. I may even get my Ferrari California back. who knows. wait wait wait.
I have been tempted to put the cost of a new exhaust system in here for the SMART and maybe some new tyres. But my head is telling me no.


10:04 Patience

This share has truly taught me the meaning of patience. How long has it been and we haven't even had an update to at least say "we haven't forgotten about you"


09:52 Re: No warning reg Q3 results

If revenues are stabalised and future growth is expected then I think creditors might tell the company keep the business as usual and forget about restructuring. As we all know board is initiating this restrcuturing of debt not the lenders.
There hasn't been any profit warning or optimistic trading statement which really suggesst that revenues must have been stablised and the expectation is for growth because of hopefull futuristic expectation of economy in general.


09:23 Re: Re| Passing the time

I am also left with 4m shares. Unfortunately even after averaging down my B/E is just over 6p. I am sure there are others in a worst position but we will just have to wait and see - not long now hopefully.



08:48 Re: Re| Passing the time
I'm grateful I haven't lost that kind of money, and all I can do is wish you all the best and hope you are greatly rewarded for your sweat and dedication.

I'm comfortable to be averaging at under a penny, so my losses can't even be compared to yours.

I'm going to average down further to .4p or .5p if it stays this low.


08:32 Re: Re| Passing the time

Your brave man. 300K loss and still buying. Fortune favours the brave.
I stopped buying last year when my losses hit 150k. All is left is 4 million shares. Disaster!


08:17 BuyRe: Passing the time

"I doubt that is all in though, only I could be so foolish"

Or smart, depending on what the result is


Mon 20:18 Re: Re| Passing the time

glad you are still here and have not thrown the towel in. I still opine that shareholders will emerge unscathed and your current loss will abate in record time. I too am sitting on a 300k loss and am still buying. So sorry to hear of your marriage breakdown and hope it was not as a result of this investment, I sincerely hope you can find a fulfilling relationship. When this comes good, and it will, then any resulting affects may go some way to the personal pain and suffering you have had to endure.




Mon 13:01 Re: Passing the time

I wrote to the Investor Relations line months ago to ask who was representing the shareholder interests in the bank restructuring negotiations, but I received no response. I assume that there is no one representing us, in particular since the management team waived their share options last year in place of cash incentives dependent upon future performance. Since we as shareholders were not a party to this agreement nor were we consulted on it, I am wondering with whom this agreement was made. The compensation committee perhaps (if there is one).

I run a private equity fund and when such negotiations with the banks take place, we actively represent the shareholders' interests in a tri-party negotiation. In the case of a Publically quoted company without activist shareholders, management generally look after themselves and the employees first and have no incentive to fight for the shareholders unless they themselves hold a meaningful stake. This is not the case at HiBu. Accordingly, I would not hold my breath expecting any shareholder value going forward. Since I am down more than GBP 630k, I am not bothering to sell now - just in case a miracle happens. We can consider legal action later once we know the outcome of the structuring talks.




seize the day is sad
  5 Feb'13 - 16:24 - 5808 of 6574

fck, my god waht figures!

i hear the word patience. nothing to do with it. I am extremely impatient by nature but not selling 22k£ worth of investment that now has a value of 1000 quid is just being sensible not patient, I find it th emost obvious thing to do and I don't feel any urge to sell at all. To consolidate a loss of 21K?? How silly. Losing all will make now hardly any difference.

I still hope, but I would not dream of averaging down, even is my b/e is 5.5p.



freddie ferret
  5 Feb'13 - 17:21 - 5809 of 6574

I feel sorry for people that bought TOO high.

VK74
  5 Feb'13 - 20:52 - 5810 of 6574

by the looks of it, it does not matter if you bought high or low, I have put 9k in this and I will lose it all, same thing I lost another 9k on stupid HMV