Some Thoughts on the JLs March 2014 figures + Estimates

  • Gordon 45
  • 22/10/08 n/a (free)
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Posted: Sun, 20/04/2014 - 09:46

Hi Folks,

I have updated my Spreadsheets based on the JLs March figures and now posting my latest thoughts. I now think we have approx 1.9119p/£ towards our hoped for payout by the JLs of 2p/£ at some point in 2014.

Again my thoughts are posted as an attachment to this cover note, to try and ensure that my numbering sequence etc is retained as set up.

As always take care,

And God Bless,

Gordon 45

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Next payment??

  • dans le merde
  • 14/10/08 31/05/09
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  • Tue, 20/05/2014 - 19:01

After the latest April figures,does anybody have any ideas on when the next payment might land?


To dans le merde

  • Gordon 45
  • 22/10/08 n/a (free)
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  • Tue, 20/05/2014 - 20:57

Hi There,

Been away all day and just back in to see the April figures are through and your question re next dividend.

Jls said in their Jan 14 Progress Report that they hoped to pay out a 2p/£ dividend sometime in 2014.

Going by the figures at the end of March I reckoned the JLs had around 1.9119p/£ available at that point. A further £3.3m increase in the cash balance as at the end of April suggests to me once you allow for unresolved/unclaimed + balance of Liquidation costs that we now have around 2.2p/£ available. Need to work out the figures accurately just to verify my instant thoughts.

But if I am right the Jls appear to have reached their initial target to make a payout. Perhaps they may wait until May/June dependent upon how much more they hope to bring in by then, or they may decide to make a payment shortly - really up to them, they know all the facts we don't.

Hope the above helps you.

Gordon 45


sometime in 2014 ...

  • anrigaut
  • 19/10/08 30/10/09
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  • Tue, 20/05/2014 - 21:42

I also wonder whether they might be waiting to know when and how much the next KSFUK dividend will be, something about which Mike Simpson, as a member of their Creditors' Commiitte, may perhaps already have an idea. But that's pure speculation on my part - I really have no idea. It must be a difficult decision to make - the longer they wait, the more they can hope to distribute ... As Gordon says, we can only wait and see.


Thanks both of you for your

  • dans le merde
  • 14/10/08 31/05/09
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  • Wed, 21/05/2014 - 18:30

Thanks both of you for your replies,I knew they had near enough for a 2 % payout,just be nice to know roughly when,not like it's my cash or anything!!


Thanks Again Gordon

  • Wombat761
  • 30/01/09 20/03/15
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  • Wed, 30/04/2014 - 06:05

Thanks again Gordon for very carefully considered report. Very tricky prognostication, I say! But also most reassuring.


Thank you

  • sunny1
  • 16/10/08 30/05/14
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  • Thu, 24/04/2014 - 11:27

Thank you Gordon. As usual, detailed and hopeful.


Thank you

  • sambururob
  • 10/10/08 n/a (free)
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  • Wed, 23/04/2014 - 18:08

Thank you Gordon.
Have a good month.
Rob and Wendy