Australian (ASX) Stock Market Forum

Recent content by Loiner

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    LM Investment Management - Lack of confidence

    BFCSA: ASIC Profit from Crime It does not appear that many victims are very interested anymore. At least not on this forum - has everyone moved to another one - LMIVC maybe? Does anyone monitor the BFCSA website? They have revealed that ASIC may be selling its corporate registry and the...
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    LM Investment Management - Lack of confidence

    Re: LM Investment Management - Drake Cashing In? Drake's beach hut is to be auctioned off, according to this link: http://www.goldcoast.com.au/article/2013/08/06/455858_gold-coast-news.html I wonder who put it there and where the proceeds will go? Is there a mortgage on this property...
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    LM Investment Management - Lack of confidence

    Nice 'tongue in cheek' comment. They have already done that, for a whopping 10 to 15% of your investment more! For anyone who has not heard of the ACI (Advisor's Committee for Investors), they're here for another bite at the cherry.
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    LM Investment Management - Lack of confidence

    I wouldn't invest in the US precisely because I have heard about Bernie Madoff and his Ponzi scheme. I don't trust the US stock market, the US banks, or any US financial institution anyway. I also wouldn't invest in land banking in Canada as suggested by my IFA. A title deed to a patch of...
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    LM Investment Management - Lack of confidence

    "... the collapse of the company cast serious doubts on Australia's reputation as a safe haven for investment." Not just this cowboy outfit, but so many others too. It's only when you delve into what has been going on with the Gold Coast dodgy developers that you find out that this type of...
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    LM Investment Management - Lack of confidence

    Re: LM Investment Management Limited - Receiver Appointed The FTI website for the funds, http://www.lminvestmentadministration.com/fmif_and_feeder_funds today reports: On 11 July 2013, Deutsche Bank AG exercised its rights under the Facility Agreement, appointing Joseph David Hayes and...
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    LM Investment Management - Lack of confidence

    Grieving, but not out of it yet. Well firstly, I plan to register with these people: The Banking & Finance Consumers Support Association They have taken up our case. If you visit their website (http://bfcsa.com.au/index.php/action/ag-lm-investments) there's a page for LM Investment...
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    LM Investment Management - Lack of confidence

    Re: www.moneymagik.com Asick, it's a real pity about your threats by Trilogy but I hope it won't affect your invaluable contributions to this thread. I think you have been through the mill enough before to know when to stop, but it's a sickener when they can suppress the truth and freedom of...
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    LM Investment Management - Lack of confidence

    Good Grief - what a winner for LM and the IFAs Don't know about you doc, but I am still very angry and will not just accept it. Letting the courts decide which RE can milk the remainder of the funds is not the way. There is a very real chance that we will be left with nothing at all...
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    LM Investment Management - Lack of confidence

    Re: Farangs in Faradise I'm afraid it's not like that Asick. I don't think many of our investors actually approached their IFAs with a wad of cash, looking for somehwere to stash it. They are usually stalked by the IFAs, sometimes even over a number of years. The IFAs usually try to build up...
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    LM Investment Management - Lack of confidence

    So what's your angle then? How do you make your money from the investors?
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    LM Investment Management - Lack of confidence

    Re: Opportunity 'Only IFAs allowed as members.' This rings alarm bells with me. Remember: They are the ones who got us into this mess in the first place. I don't think they will be doing any of this for nothing. While they probably all had hefty up front commissions, they must also have...
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    LM Investment Management - Lack of confidence

    Re: LM Fundless There is a very small but growing group of mainly Thailand based investors trying to do that. However it is vastly under represented when compared to the large number of investors believed to have been signed up by LM even locally. With various LM funds involved and various...
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    LM Investment Management - Lack of confidence

    Re: The "Dash For Cash" So yesterday I received three separate letters regarding LM and RE voting, all by snail mail: 1) Trilogy Update / Piper Alderman Indication of Support for Trilogy form, dated 19th April 2) FTI Circular to Investors / LM Investor Update, dated 25th April 3) LM...
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    LM Investment Management - Lack of confidence

    Their Dash For Our Cash Hi Asick, I don't think the voters in Mr Baltin's affidavit were well informed either. They obviously haven't read this forum or heard your warnings. Where did they get those Piper Alderman pro formas from and why did they think an RE change to Trilogy was a good...
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