HIBU (WAS YELL) *SUSPENDED*

corrado8
  25 Jul'13 - 07:18 - 8240 of 8369   0 0

WELL WE ALL KNEW THE RISK IS A DISAPOINTMENT AS THE COMPANY WILL CONTINUE TO TRADE AND MAKE PROFIT.NOT GOOD AT ALL AND CAN WE FIGHT BACK AS A GROUP?I DOUBT ABOUT IT THIS EERCISE HAS COST ME MORE THAN 40K OF LOSSES.I FEEL SORRY FOR THE INVESTORS THAT RELAY ON THEIR SHARE FOR LATER IN THEIR LIFE TO CASH THEM IN AS FOR ME I AM A GAMBLER AND I LOST IN THIS TRADE.

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55SL
  25 Jul'13 - 07:41 - 8255 of 8369   0 0

I'm down £26k on this lemon it's a tough lesson but you've got to take it.

There where plenty of opportunities to get out so if you are still holding you only have yourself to blame.

To be fair 12,000 boys and girls have still got jobs (for now) so that's got to be a positive.


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jainvic
  25 Jul'13 - 08:02 - 8258 of 8369   0 0

Well this is my first post on here. Been doing shares for a very long time but never seem to get it right. Aim shares are just like a casino where genuine investors have very little chance of making money. From what i can see there is far too much in the way of underhandedness from so called people in the know and indeed from people that run companies such as Hibu and the market. What a complete joke Hibu has turned out to be.

I know it was high risk and yes I should have know better than to invest in such a poorly run company. All the mis-information and lies given by Pocock et al should have made me not want to touch this pile of rubbish with a barge pole. There was mention of microsoft having an interest and such. All of the so called plus points seem be have been lies by these bunch of crooks.

The one reason why i stuck with this is the one comment by the management that suggested shareholders interest will be considered or words to that effect. Hindsight obviously comes to mind.

Of course the people at the top will be fine...it's always the way. I just hope there is a bit of karma whereby these people that have screwed us over get their comeuppance.

It would seem aim shares are for the very lucky or very brave. I think most people lose in the end with aim and that includes me. I'm left with a loss of about £4k this time round and i'm sure other investors have lost more.

I never did join the HSG group as i was not sure it would have any real effect. Unfortunately this seems to be the case.

I hope to live another day. Maybe will have more chance swimming in shark infested waters than investing in aim.......


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spennysimmo
  25 Jul'13 - 15:03 - 8329 of 8369   0 0

What a complete idiot, who will probably not learn from his naive mistakes. Let's break it down and translate:

Dear Mr Pocock

I have been a shareholder in Yell / Hibu since March 2009. I always believed in the potential of the company and still believe it will thrive.

Hence, over the 4 years I have accumulated over 13million shares, this represents my life savings! I have not sold any shares even when reached the peak of 88p in 2009, as I could see the potential.

[So you didn't take any profits off the table whatsoever when you clearly would have been in profit as you thought it would just keep going up. First mistake, greed.]

I know these are just shares and shouldn't invest more than one can loose, but I truly trusted you and that you would turn this company around.

[Why did you trust him. Because you had a vested interest when he took over and you were wearing rose tinted glasses, that is why. It was easier to "trust" him and hope for the best than to cut your losses.]


Your announcement today of complete wipe out for shareholders was completely devastating news for me and my family! I don't know how I will face my wife and children now to tell them their future money has been all lost!

[Why was it devastating news for you? If you had been bothered to read all the announcements from a company where all your life savings were invested you may have realised that you were being warned repeatedly that the shares will have little or no value"]

I was expecting the restructure to reduce current shareholders share, for which I was happy as I would still be part of Hibu going forward. I was not expecting you to negotiate a deal that would result in complete wipe-out of current shareholders (While I note the directors keep their jobs!). [You were warned that no value could be the case] I am sure there could have been some win- win compromise situation. Even if just 5% of the company was left or just 1-2p payout for current shareholders, that would have been at least something! That would not have been a big deal for the Co-Com to compromise on, but it seems the people that have, just get greedier. I don't know how the Board or Co-Com can sleep at night knowing you have ruined peoples lives and future! [Don't blame others. You bought them, you presumably read the warnings and you chose not to sell.]

Thank you.