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Montevideo, April 25th 2017 - 10:31 UTC

Falklands: Dolphin Fund desists from taking over FIH Group, at this time

Friday, April 14th 2017 - 18:33 UTC
Full article 24 comments

Dolphin Fund Ltd said late Thursday that it has decided not to make an offer for FIH Group PLC at this time, following a letter from the Falkland Islands Government warning FIH about its status should it undertake a change of ownership. Read full article

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  • Think

    TWIMC

    “Dolphin Fund has decided not to proced with an offer for FIH.......... AT - THIS - TIME...”

    As they say in Engrish...:
    See you later, alligator...
    Or...
    In a while, crocodile...
    See ya soon, big baboon...
    Tood-a-loo, kangaroo...
    Hang loose, mongoose...
    In an hour, sunflower...
    Hasta mañana, iguana...
    ;-)

    Apr 14th, 2017 - 07:16 pm - Link - Report abuse -6
  • Islander1

    more likely Think they chose those words rather than admit defeat as no way would FIG ever grant a licence to an Argentine controlled company to own property in the Islands;
    Very simple- and that is something under full control of FIG- not the Stock exchange nor FCO.

    Apr 14th, 2017 - 09:11 pm - Link - Report abuse +6
  • Think

    TWIMC

    “Additionally, Dolphin said it reserves the right to acquire further shares in the market within the rules of UK takeover code....”

    In other words...:
    Not a damn thing the FIG(leaf) can do about it...

    Apr 14th, 2017 - 09:31 pm - Link - Report abuse -6
  • downunder

    “more likely Think they chose those words rather than admit defeat as no way would FIG ever grant a licence to an Argentine controlled company to own property in the Islands;”

    The timing of this offer is interesting coming as it does on the anniversary of the abortive Argentine military takeover of the islands.

    The Islander still want nothing whatsoever to do with Argentina, and who can blame them?

    Apr 15th, 2017 - 02:19 am - Link - Report abuse +4
  • Briton

    The Falkland's government could always nationalise it,
    Then the dolphin can go swim...lol

    Apr 15th, 2017 - 09:24 am - Link - Report abuse +3
  • The Voice

    Shitstirrer Think failed again. Serial failure.

    Apr 15th, 2017 - 09:38 am - Link - Report abuse +4
  • Jo Bloggs

    Joe Bloggs has decided not to proceed with a boycott of FIC........... AT- THIS- TIME

    Apr 15th, 2017 - 10:27 am - Link - Report abuse +5
  • Roger Lorton

    Everyone 'reserves' their rights Think ... even if they don't actually have any :-)

    Apr 15th, 2017 - 11:39 am - Link - Report abuse +3
  • Think

    Goooood boy.... Jo...

    The Argie (and his proxies) control about 10-12% of FIH today...
    Please advice what's the Kelper pain treshold before proceeding with a boycott.

    Chuckle..., chuckle...

    Apr 15th, 2017 - 11:44 am - Link - Report abuse -5
  • Terence Hill

    It gives a perfect example of the meaning of ‘hostile takeover’. You think that the FIG has legitimate interest in preventing some commercial interests of a hostile nation? Therefore, protecting it’s jurisdictional vital interests. You betcha!

    Apr 15th, 2017 - 04:30 pm - Link - Report abuse +4
  • Jo Bloggs

    Control Think. Surely that's obvious.

    Apr 15th, 2017 - 11:53 pm - Link - Report abuse +4
  • Think

    Geeee... Jo...

    You Kelpers are picking on the basic capitalistic principle of Free Movement of Capital with its undercurrent of offshore shell companies, proxy investors..., offshore tax havens and... you name it...

    You won't believe me but... I wish you guys luck with that ;-)))

    Apr 16th, 2017 - 11:48 am - Link - Report abuse -3
  • Terence Hill

    Voice, V0ice, Vestige, Think et al, sock-puppeteer extraordinaire
    “Picking on the basic capitalistic principle of Free Movement of Capital”
    Hardly they're exercising proper use of a preogrative against one element that prima facia has all the appearances of an ulterior motive.

    Apr 16th, 2017 - 12:37 pm - Link - Report abuse +3
  • Jo Bloggs

    Think, I don't know whether FIG could or would make such a move and that's not what I am talking about. What I am talking about is realising the basic capitalistic principle of free movement of capital with its undercurrent of offshore shell companies, proxy investors..., offshore tax havens... and you name it, that give me,the consumer, the freedom to shop wherever I want without anyone making me shop anywhere I don't want. ...and I know I won't be the only Kelper who would never spend another Benny Penny in an FIC outlet if Dolphin Fund with their ulterior motives gained control.

    The good thing about this is that FIC's days of total market dominance have changed to days of being one of a few serious players in each sector. In total they are still the largest retailer but in no single sector are they now the obvious dominant trader. Different companies match or better them in everything they do so electing to completely disengage with FIC is a very realistic option now. Such a decision would not mean sacrifice to anyone who made it.

    Apr 16th, 2017 - 02:15 pm - Link - Report abuse +3
  • Liberato

    wow, another democratic principle down by the uk in the colony. the more anti argentine becomes your economy, the more anti argentine becomes your “society”, the more anti argentine becomes your pubs, clubs etc. The more you shows the real face of colonialism.

    Apr 16th, 2017 - 02:58 pm - Link - Report abuse -2
  • Think

    Dear Kelper Jo...
    Suuuuuuuuuuuuuure....
    The “Free Market” myth where the consumer is “King”...
    No Market Manipulation possible... Specially not in such a “huge” market as Malvinas...
    :-)))))))))

    Apr 16th, 2017 - 03:04 pm - Link - Report abuse -2
  • Islander1

    Think- yes Dolphin can probably quietly buy shares here and there and increase their % over time- but I can assure you- the moment they achieved a controlling majority - that is then FIG would intervene ands stop the company trading here and force a sale or whatever method appropriate.
    Jo is correct FIC has no monopoly here today it could fade out tomorrow and we would barley notice it. There is nothing it does or sells that cannot be arranged elsewhere here today.

    Apr 17th, 2017 - 10:32 am - Link - Report abuse +2
  • Think

    Islander1
    Do you know what proxy investors and shell companies exist for..?
    Are you aware what they ain't..., in any way..., restricted to FIH buys only...?
    These people can buy whole Countries, lad... Let alone some small windblown Islands...

    Apr 17th, 2017 - 12:24 pm - Link - Report abuse -1
  • Islander1

    Think,
    Can assure you- the moment Dolphin folks got to 50% under whatever guise - they would have a choice- sell FIC or loose it.

    Posted 6 days ago - Link - Report abuse +1
  • Think

    Islander1...
    And how will ya Kelpers know they are Dolphin folks...?

    Posted 6 days ago - Link - Report abuse -1
  • Islander1

    I have no doubt at all that it will be watched by those who know and can tell.

    Posted 4 days ago - Link - Report abuse +1
  • Think

    Ahhhhhhhhh....

    《“Those who know and can tell” guys...》
    And those “Guys” are now working for some 1,500 Kelpers in some forgotten Islands... huhhhhh.

    By the way...
    Speaking about you 1,500.-
    Wasn't the 2016 Census result supposed to be out end of March...?

    Posted 4 days ago - Link - Report abuse -1
  • Doveoverdover

    I hear that “them what knows” knows that Sr Elzstain has the controlling stake in The Chandlery. If they are right, as they usually are, it is clear that every colonist's patriotic duty is to boycott it with immediate effect!

    Posted 3 days ago - Link - Report abuse -1
  • Think

    Cmdr. McDod...
    With the imperious prices The Chandlery charges... it would be a good idea for them Colonials to boycott it..., even if no Argie had no stake on the place... ;-)

    Islander1
    Juppppppp...
    Just checked...
    Maeve Daly... said that “the Census Data was still being analyzed, and a full report would be published by the end of March. ”
    http://en.mercopress.com/2017/03/08/falklands-population-better-off-healthier-and-happier-than-when-the-2012-census
    How difficult can be to count to 1,500..., lad?
    It has taken the FIG(leaf's) Policy Unit nine months already...!

    Posted 3 days ago - Link - Report abuse -1

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