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HOT, HOTCOPPER HOLDINGS LIMITED
nipper
post Posted: Jul 18 2019, 12:24 PM
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In Reply To: blacksheep's post @ Jul 18 2019, 11:25 AM

duty of care.



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
blacksheep
post Posted: Jul 18 2019, 11:25 AM
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extract from Rear Window (AFR) article - HotCopper's trolls on borrowed time - who describe HOT in that article as - "The Australian-based, ASX-listed stock forum is a hot-bed of dark ops investor relations and pump-and-dump operations"

QUOTE
Meanwhile, how do you reckon HotCopper is affected by a recent judgment that found Fairfax Media, Sky News and Nationwide News responsible for the content of comments posted on their Facebook pages? HotCopper's terms and conditions do state posters are solely liable for their own content, but media companies have always been under the same impression and that didn't quite cut it ...

https://www.afr.com/rear-window/hotcopper-s...20190717-p52807



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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Aug 16 2018, 03:34 PM
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Duncan Saville's Somers Limited now has 20.42% of Hotcopper - HOT. They sure know how to pick winners. Posted about them on both TON and HOT when they first appeared on the register. Are they looking to t/o HOT or have they been propping up the SP and managed to accidentally go over the 19.9%

QUOTE
From my post in TON thread... http://hotcopper.com.au/threads/ann...2803...13#.V-z_5vB95aU

See my post 17896677 Duncan Saville is behind GMP - he is also a director of Somers Limited

Perth broker set to control GMP
Sean Smith - The West Australian on February 2, 2016, 6:26 am

Deep-pocketed investor Duncan Saville is believed to be partnering prominent Perth stockbroker Andrew Frazer in a takeover of Canadian group GMP Securities’ Australian business.

Two weeks after its parent announced plans to quit its Perth and Sydney offices, GMP Securities Australia yesterday revealed it had struck a heads of agreement that will keep the business operating, but under a new shingle.


While details of the deal were not disclosed, the Australian unit said it included the backing of a “material overseas diversified financial group as a cornerstone and strategic shareholder” in the rebranded business.


Mr Frazer, who joined GMP Securities in Perth a year ago as its corporate finance chief in Australia, declined to comment.


However, local broking sources said funds associated with Mr Saville had agreed to take up to a third of the brokerage, with the balance to be split between Mr Frazer and other Australian staff.


Mr Saville is believed to have been a client and supporter of Mr Frazer for some time, with the broker putting him into stocks including Resolute Mining and Orbital Corporation. The English-born multi-millionaire controls a stable of investments through ICM Ltd, a Bermuda-based funds manager. ICM straddles nearly $18 billion of managed funds via vehicles including UIL and Zeta Resources.

https://au.news.yahoo.com/thewest/wa/a/3071...to-control-gmp/

Some background on Saville - who also has ties to South Africa

http://www.icm.limited/our-people#directors

Born in Britain and educated mostly in South Africa, Saville splits his time between Australia and Britain.

http://www.theage.com.au/articles/2003/04/...1381946372.html

His saving grace is that he has deep pockets to back his bets on his ability to turn around troubled companies. The Business Review Weekly magazine in Australia has estimated he is worth $A500m.

http://www.stuff.co.nz/business/573550/Inf...h-stakes-stoush

http://www.bloomberg.com/research/stocks/p...ivcapId=9273406


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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jun 1 2018, 04:06 PM
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HOT CEO jumps out of the HOT seat - not sure I would agree with the "significantly stronger" bit - I've never seen the HOT site so Luke Warm sad.gif chart doesn't exactly sizzle either - are they still doing buy backs to prop up the SP?

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Resignation of Chief Executive Officer
The Directors of HotCopper Holdings Limited (ASX: HOT) (HotCopper or the Company) wish to
advise that Mr Ben Newport has resigned his position as CEO to pursue other opportunities.
Whilst we are disappointed that Ben has decided to step down, he leaves the business significantly
stronger than when he assumed the role.

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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Sep 1 2017, 02:12 PM
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Not a stunning first year "report card" pardon the pun, although Report Card did do nicely from the IPO - see below. I give it a F for Failure of an IPO Not sure what it's doing being listed - trading is next to zero, with the only one's buying is themselves.

Revenue from ordinary activities $3.6 mil up 34%
Profit before tax 757k - down 13%
Net profit after tax attributable to members of the Company 327k - down 34%

SP currently 15c

QUOTE
On 12 September 2016, the Company completed its Initial Public Offering for 110,000,000 shares
comprising:
• 60,921,166 shares issued at $0.20 per share to raise $12,184,233; and
• 49,078,834 shares issued to the shareholders of Report Card Pty Ltd (“Report Card”) as part
consideration for the acquisition of 100% of Report Card Pty Ltd.

On 12 September 2016, the Company completed the acquisition of Report Card for a total consideration
of $20,000,000 made up as follows:
• Cash consideration: $10,184,223; and
• Share consideration: 49,078,834 shares in the Company.
On 13 September 2016, the Company was admitted to the Official List of ASX Limited.




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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

Said 'Thanks' for this post: Pendragon  
 
 


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