Zappa 358 Posted October 1, 2013 Share Posted October 1, 2013 So we're now onto our 3rd Nominated Adviser (aka NOMAD) in under 12 months? WHY?First Cenkos who are highly respected. Why change from them at all?On July 9th it was announced we had changed to Strand Hanson. Why?Now we've changed to Daniel Stewart. Why?..............1 October 2013Rangers International Football Club plc("Rangers" or the "Company")Appointment of Nominated AdviserThe Company is pleased to announce that Daniel Stewart & Company plc ("Daniel Stewart") has been appointed as Nominated Adviser to the Company with immediate effect. Daniel Stewart will continue to act as the Company's Sole Broker.........................09 July 2013Rangers International Football Club plc("Rangers" or the "Company")Appointment of NOMAD and BrokerRangers is pleased to announce that Strand Hanson Limited has been appointed as Nominated Adviser and Broker to the Company with immediate effect. Quote Link to post Share on other sites More sharing options...
Zappa 358 Posted October 1, 2013 Author Share Posted October 1, 2013 Leaked emails from MM (while he was still director and Chairman) voicing serious concerns about the change in Nominated Adviser and in particular his concerns about Daniel Stewart being "unsuitable" for Rangers. Quote Link to post Share on other sites More sharing options...
mitre_mouldmaster 21,511 Posted October 1, 2013 Share Posted October 1, 2013 To be honest, I dont even know what a nominated advisor is or does. Quote Link to post Share on other sites More sharing options...
gogzy 31,195 Posted October 1, 2013 Share Posted October 1, 2013 Why not just give us your take on it. I am sure it will be more fun to read. Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted October 1, 2013 Share Posted October 1, 2013 Why not just give us your take on it. I am sure it will be more fun to read.No please - I can't laugh any more today Quote Link to post Share on other sites More sharing options...
AlBear. 8,499 Posted October 1, 2013 Share Posted October 1, 2013 reservedFor what? Quote Link to post Share on other sites More sharing options...
thehost 11,061 Posted October 1, 2013 Share Posted October 1, 2013 I'm hoping the board have done it for a laugh in order to watch suck, Chris and pals foam at the mouth.Judging by the bile they are posting its working Quote Link to post Share on other sites More sharing options...
bawsburst 1,381 Posted October 1, 2013 Share Posted October 1, 2013 So we're now onto our 3rd Nominated Adviser (aka NOMAD) in under 12 months? WHY?First Cenkos who are highly respected. Why change from them at all?On July 9th it was announced we had changed to Strand Hanson. Why?Now we've changed to Daniel Stewart. Why?..............1 October 2013Rangers International Football Club plc("Rangers" or the "Company")Appointment of Nominated AdviserThe Company is pleased to announce that Daniel Stewart & Company plc ("Daniel Stewart") has been appointed as Nominated Adviser to the Company with immediate effect. Daniel Stewart will continue to act as the Company's Sole Broker.........................09 July 2013Rangers International Football Club plc("Rangers" or the "Company")Appointment of NOMAD and BrokerRangers is pleased to announce that Strand Hanson Limited has been appointed as Nominated Adviser and Broker to the Company with immediate effect.Fixed that with the source SoS will be lifting it. :lol: From charlotte fakes Quote Link to post Share on other sites More sharing options...
Zappa 358 Posted October 1, 2013 Author Share Posted October 1, 2013 Why not just give us your take on it. I am sure it will be more fun to read.Read Malcolm Murray's take on it instead. I've posted the leaked emails from when he was voicing his concerns about this subject to the rest of the boardroom. Quote Link to post Share on other sites More sharing options...
calio 688 Posted October 1, 2013 Share Posted October 1, 2013 Been on the cards for a while according to CF.http://www.scribd.com/doc/172380378/Nomads-1Subject:NOMAD Date: Tue, 18 Jun 2013 11:35:32 +0100 From: Malcolm Murray Brian Stockbridge, Craig Mather, Bryan Smart, Phil Cartmell, Walter Smith, Ian HartGentlemen, I suppose the good news is that there have been no leaks and all is quiet. There is much chatter behind the scenes on a change in adviser. This would be a very serious decision and require a rigorous process involving the Board reviewing a short list of suitable candidates. I hope as a man with 33 years experience of brokers at the highest level my input is required. In my view it would be irresponsible to consider such a move so soon after a successful flotation. I thought the view at recent board meetings was that the timing was not correct. It is also extremely unlikely that any broker of quality would accept us at the current time. At the moment we have a blue chip list of shareholders that many public companies of >£1bn would die for. It also means that we have the currency and constituency to further fund when we need it in 2-3 years... Daniel Stewart is a small outfit with limited institutional presence, only two analysts and by their own admission to me some months ago do not have the scale of presence to take us on. Also the AIM regulator is jumping up and down and will be all over it. Our institutional investors would most definitely not favour a change to a minor broker. I continue to favour a period of stability as we agreed at the last Board meeting. Let's not consign RIFC to the financial wilderness.Thanks Malcolm MurrayP.S at this stage I will make no comment on previous connections to CG and IA.To go through 3 advisers within the first 18 months of business is unheard of for a well run Company.We`ll have next to no chance of future investment if we don`t get our shit sorted & quick. Unless BPH come across with their £50m cheque as assured by Jackanory McMurdo. Quote Link to post Share on other sites More sharing options...
elephants stoned 2,994 Posted October 1, 2013 Share Posted October 1, 2013 You wait years for a good NOMAD then 3 come along almost at once Quote Link to post Share on other sites More sharing options...
AlBear. 8,499 Posted October 1, 2013 Share Posted October 1, 2013 Sick of leaked e-mails. Quote Link to post Share on other sites More sharing options...
Allanger 625 Posted October 1, 2013 Share Posted October 1, 2013 Did Malcolm Murray not throw his hat into the ring to remove the current board today. Here we are a few hours later reading leaked emails from Malcolm Murray who wants to be on the board. Quote Link to post Share on other sites More sharing options...
AlBear. 8,499 Posted October 1, 2013 Share Posted October 1, 2013 Did Malcolm Murray not throw his hat into the ring to remove the current board today. Here we are a few hours later reading leaked emails from Malcolm Murray who wants to be on the board.Blame Malcolm. It worked before. Quote Link to post Share on other sites More sharing options...
Zappa 358 Posted October 1, 2013 Author Share Posted October 1, 2013 To be honest, I dont even know what a nominated advisor is or does.Our Nominated Adviser (aka NOMAD) is our regulator for the AIM. It's a company which is LSE (London Stock Exchange) approved.Our first NOMAD - Cenkos, was a highly respected company. For some reason we weren't able to keep them. I'm simply asking why?Malcolm Murray's previous comments about our latest Nominated Adviser (and 3rd in under 12 months), Daniel Stewart can possibly be seen as concerning.Again though, the question I'm asking is Why? Why did we change from the respected company Cenkos in July and why have we changed NOMAD again now, less than 3 months later?Also, why have we now appointed a company which Malcolm Murray was voicing serious concerns about back in June? Quote Link to post Share on other sites More sharing options...
calio 688 Posted October 1, 2013 Share Posted October 1, 2013 Did Malcolm Murray not throw his hat into the ring to remove the current board today. Here we are a few hours later reading leaked emails from Malcolm Murray who wants to be on the board.Yep that`s exactly what I took from it too...Let`s not focus on the disaster that is the current Board, it`s crystal clear now that MM is CF. Quote Link to post Share on other sites More sharing options...
mitre_mouldmaster 21,511 Posted October 1, 2013 Share Posted October 1, 2013 Right, im still none the wiser.What does anyone have to gain by swapping advisor?I see that MM says it would not be a good idea, but is there some innuendo that it has been done for some corrupt reason? Or is it just cheaper? Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted October 1, 2013 Share Posted October 1, 2013 Our Nominated Adviser (aka NOMAD) is our regulator for the AIM. It's a company which is LSE (London Stock Exchange) approved.Our first NOMAD - Cenkos, was a highly respected company. For some reason we weren't able to keep them. I'm simply asking why?Malcolm Murray's previous comments about our latest Nominated Adviser (and 3rd in under 12 months), Daniel Stewart can possibly be seen as concerning.Again though, the question I'm asking is Why? Why did we change from the respected company Cenkos in July and why have we changed NOMAD again now, less than 3 months later?Also, why have we now appointed a company which Malcolm Murray was voicing serious concerns about back in June?Write to the club or bring it up at the agm Quote Link to post Share on other sites More sharing options...
mitre_mouldmaster 21,511 Posted October 1, 2013 Share Posted October 1, 2013 Our Nominated Adviser (aka NOMAD) is our regulator for the AIM. It's a company which is LSE (London Stock Exchange) approved.Our first NOMAD - Cenkos, was a highly respected company. For some reason we weren't able to keep them. I'm simply asking why?Malcolm Murray's previous comments about our latest Nominated Adviser (and 3rd in under 12 months), Daniel Stewart can possibly be seen as concerning.Again though, the question I'm asking is Why? Why did we change from the respected company Cenkos in July and why have we changed NOMAD again now, less than 3 months later?Also, why have we now appointed a company which Malcolm Murray was voicing serious concerns about back in June?Is it the NOMAD who has the power to allow locked in shares to be sold inside a lock in period? That would make sense. Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted October 1, 2013 Share Posted October 1, 2013 Yep that`s exactly what I took from it too...Let`s not focus on the disaster that is the current Board, it`s crystal clear now that MM is CF.And Delightful Denise. Quote Link to post Share on other sites More sharing options...
smartypants 4,592 Posted October 1, 2013 Share Posted October 1, 2013 PM BertContraband. He can spot a conspiracy from 4000 miles away. . Quote Link to post Share on other sites More sharing options...
mitre_mouldmaster 21,511 Posted October 1, 2013 Share Posted October 1, 2013 Yep that`s exactly what I took from it too...Let`s not focus on the disaster that is the current Board, it`s crystal clear now that MM is CF.Damn! They are onto me! Quote Link to post Share on other sites More sharing options...
smartypants 4,592 Posted October 1, 2013 Share Posted October 1, 2013 So good I posted it twice Quote Link to post Share on other sites More sharing options...
Guardian 4,281 Posted October 1, 2013 Share Posted October 1, 2013 Hmmmm You have to wonder who is leaking Malcolm Murrays emails I thought you doubters said all you wanted was the accounts.Now you've had that bone, you want another one now.Are you just going to question every move the board makes ?Put another way, if a new board with Mini etc on it changed brokers, would you be asking about that ?Methinks not.You got the accounts, now jog on and get back to supporting the team. Leave the business to the folk in charge of it. Quote Link to post Share on other sites More sharing options...
Zappa 358 Posted October 1, 2013 Author Share Posted October 1, 2013 Right, im still none the wiser.What does anyone have to gain by swapping advisor?I see that MM says it would not be a good idea, but is there some innuendo that it has been done for some corrupt reason? Or is it just cheaper?There could be more than one reason, but it's not very fair to speculate over and above the facts we have available, which are:A) We know for a fact that Charles Green had a 12 month lock-in period on his shares meaning he couldn't sell them and get out of dodge till December.B) We know for a fact that as well as the change of NOMAD, it was also announced today that Charles Green no longer has a "notifiable interest" meaning he now officially has less than a 3% shareholding.Green might have retained some shares or he might have sold up completely and got out of the Rangersitis business. Quote Link to post Share on other sites More sharing options...
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