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JJB Shares

  • Spongebob
  • 10/10/08 31/05/09
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Posted: Tue, 31/03/2009 - 19:47

From today's Times...

Shares in JJB were up 25 per cent at just over 11p a share after PriceWaterhouseCoopers — the administrators of bankrupt Kaupthing’s Isle of Man branch decided to dump the 23 per cent stake owned by Chris Ronnie, the former executive, until he missed a margin call and Kaupthing seized it back.

http://business.timesonline.co.uk/tol/business/industry_sectors/retailin...

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This disturbs me

  • Mekong
  • 14/10/08 31/05/09
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  • Wed, 01/04/2009 - 09:05
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Quote

Shares in JJB were up 25 per cent at just over 11p a share after PricewaterhouseCoopers — the administrators of bankrupt Kaupthing’s Isle of Man branch decided to dump the 23 per cent stake owned by Chris Ronnie, former executive, until he missed a margin call and Kaupthing seized it back.

Unquote

Since when did PWC the LP become administrators?


They're not administrators

  • allyourbase
  • 12/10/08 31/05/09
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  • Wed, 01/04/2009 - 09:25
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PWC aren't administrators, and KSF IOM isn't in administration. It's in provisional liquidation. As usual, the press have just got the details wrong.


Exactly

  • Mekong
  • 14/10/08 31/05/09
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  • Wed, 01/04/2009 - 10:01
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Exactly,

This is the point I am making is it a Journo Boo Boo or are PWC acting in some capacity outside their current remit?


Mekong and EPS2

  • Ramsey resident
  • 22/10/08 31/05/09
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  • Wed, 01/04/2009 - 10:17
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According to todays Daily Mail it was Ernst and Young who made the sale. Journalists have mixed up KSF and KSFIOM

Also just for the record my £9,000 EPS2 payment was received on Monday 30th March so payout has started for scheme 2


EPS2

  • bobwin
  • 23/12/08 n/a (free)
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  • Thu, 02/04/2009 - 09:24
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Lucky you Ramsey--as I live a ways from IOM, I did not get my personalised forms until 14th march and since the personalisation was my account number, I could very easily have written it in myself.

I posted on 17th march, received 27th and am told it will take 21days---longer than EPS1 and they say the 2 is more streamlined---like a lead balloon?

Sorry about the sarcasm, but really, are both the IOMT employees working on this or what?